Industry

Middle East and North Africa Metal Packaging Market Size and Forecasts (2020 - 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Material (Aluminum, Steel, and Others), by Product Type (Bottles, Cans, Caps and Closures, Drums, Tubes, and Others), by End Use Industry [Food and Beverages (Dairy Products, Fruits and Vegetables, Meat Poultry and Sea Food, Beverages, and Others), Personal Care, Consumer Goods, Pharmaceuticals, Paints and Coatings, Automotive, and Others]

Report Code : 

TIPRE00031442

No. of Pages : 127
Published Month : Dec 2023
Category : Chemicals and Materials

The MENA metal packaging market size was valued at US$ 8,168.36 million in 2022 and is projected to reach US$ 11,292.02 million by 2030; it is anticipated to record a CAGR of 4.1% from 2022 to 2030.

MARKET ANALYSIS

The utilization of metal packaging is majorly driven by several end-use industries, including automotive, food & beverages, pharmaceuticals, and consumer goods. Metal cans are widely used for storage containers, soft drinks, fruit and vegetable juice, canned soups and stews, and metal products. Aerosol cans are widely used for deodorant and pharmaceutical spray production in the pharmaceutical and cosmetic industries. In the region, the personal care & cosmetics industry constantly innovates and expands by offering a distinct range of cosmetics and specialized products for different skin types to cater to a wide range of consumer preferences. With this, the demand for metal packaging products is increasing. Further, the increasing use of recycled metals and post-consumer recycled materials is expected to offer lucrative opportunities for market growth.

GROWTH DRIVERS AND CHALLENGES

The increasing demand for canned foods & beverages and the growing personal care & cosmetics industry are a few factors boosting MENA metal packaging market growth. Changing consumer preferences contribute to the increased demand for on-the-go and ready-to-eat options such as canned food & beverages and packaged food products. Metal packaging offers exceptional barrier protection against moisture, light, and air for cosmetic formulations. This airtight and light-resistant protection ensures that the products remain fresh, prevent degradation of active ingredients, and maintain original consistency and color. Metal tubes and containers can endure stacking, transportation, and handling without puncturing or leaking. This durability is essential for protecting the products from damage and ensuring safe delivery to consumers. The personal care and cosmetics industry is constantly innovating and expanding by offering gender-neutral products, a distinct range of cosmetics, and specialized products for different skin types to cater to a wide range of consumer preferences. As per a report published by the Chalhoub Group in 2023, Saudi consumers spend the most on beauty products. The report also revealed that fragrances accounted for 46% of Saudi consumer spending.

The availability of alternatives poses a challenge to MENA metal packaging market. Metal packaging faces intense competition from alternative packaging materials, particularly glass and plastics. Plastics offer low cost, lightweight, and great design flexibility, while glass offers premium aesthetic appeal. Other environmentally friendly packaging materials, such as paper, glass, and traditional plastic, are less expensive than metal packaging. Moreover, biodegradable cans are progressively gaining commercial acceptance. Hence, the availability of alternatives hampers the growth of the market.

Middle East and North Africa Metal Packaging MarketReport Scope

Middle East and North Africa Metal Packaging Market Report Scope

Report Attribute Details
Market size in 2022 US$ 8,168.36 Million
Market Size by 2030 US$ 11,292.02 Million
Global CAGR (2022 - 2030) 4.1%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Material
  • Aluminum
  • Steel
By Product Type
  • Bottles
  • Cans
  • Caps and Closures
  • Drums
  • Tubes
By End Use Industry
  • Food and Beverages
  • Personal Care
  • Consumer Goods
  • Pharmaceuticals
  • Paints and Coatings
  • Automotive
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Ball Corp
  • Crown Holdings Inc
  • Dayal Metal Containers Factory LLC
  • Saudi Can Co
  • Saudi Arabian Steel Can Manufacturing Co
  • Mahmood Saeed Beverage Cans & Ends Industry Co Ltd
  • Consolidated Can Manufacturing Co Ltd
  • Southern Can Making Co Ltd
  • ZND Metal Cans
  • The List of Companies - MENA Metal Packaging Market

    1. Ball Corp
    2. Crown Holdings Inc
    3. Dayal Metal Containers Factory LLC
    4. Saudi Can Co
    5. Saudi Arabian Steel Can Manufacturing Co
    6. Mahmood Saeed Beverage Cans & Ends Industry Co Ltd
    7. Consolidated Can Manufacturing Co Ltd
    8. Southern Can Making Co Ltd
    9. ZND Metal Cans
    10. Tengeh Noor Canvas Industry Co
    • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MENA metal packaging market
    • Highlights key business priorities in order to assist companies to realign their business strategies
    • The key findings and recommendations highlight crucial progressive industry trends in the MENA metal packaging market, thereby allowing players across the value chain to develop effective long-term strategies
    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
    • Scrutinize in-depth MENA market trends and outlook coupled with the factors driving the metal packaging market as well as those hindering it.
    • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
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