With the corrugated board packaging market in the UAE in 2019 valued at GBP 890 million, it is expected to reach GBP 1.15 billion by 2025.
Due to its 100% recyclability and cost-effectiveness, corrugated boards are widely used in the packaging industry. Based on application, corrugated packaging will continue to gain traction in food & beverages, electrical & electronics, home care products, personal care products, healthcare, transportation & logistics, e-commerce and more.
The UAE represents the biggest annual spending per online shopper at GBP 1,185 in the MENA region. As a result, the rising penetration of the e-commerce sector in the UAE is paving the way for corrugated packaging. In a report conducted by Visa, e-commerce transactions in the UAE accounted for GBP 11.5 billion in 2019.
Several factors are contributing to the UAE’s corrugated packaging market accelerated growth including increase in environmental awareness among the population, demand for convenient & sustainable packaging solutions, growing e-commerce market, and increase in need for electronic goods and home & personal care products.
With the Abu Dhabi government launching a new policy to reduce single-use plastics in March 2020, the restriction on single-use plastics will create an array of new market opportunities for firms operating in the corrugated board packaging across many end-user industries in the UAE.
Please contact us to learn more on how we can support and connect you with partners within the corrugated board and packaging sector in the UAE.