GCC

The primary goal of this GCC (Gulf Cooperation Council) Rigid Packaging Market report is to maintain the record of Unusual growth strategies adopted by various companies are creating new standards for competition in the GCC (Gulf Cooperation Council) Rigid Packaging market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the market. The impact of prevailing regulatory scenario on both regional and worldwide GCC (Gulf Cooperation Council) Rigid Packaging market is provided in detail in the report.

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Key Market Trends:

PET to Hold Major Share

In GCC region, the Polyethylene terephthalate (PET) segment of the market studied is estimated to expand at the highest rate, due to the high demand for PET resins in the manufacturing of bottles for soft drinks and other beverages. The demand for rigid packaging from the food and beverage industry is expected to be constant, which is also driving the demand for PET in the region.

Saudi Arabia currently recycles about 10% of its PET (polyethylene terephthalate) bottles. The recycling percentage is expected to grow with increasing focus of the government toward recycling, which, in turn, is likely to drive the demand of PET in the country.

In 2017, the Gulf Cooperation Council (GCC) has drafted technical regulations intended for food packages, food supplements, and food. This is further estimated to increase the demand for PET in the packaging industry.

GCC (Gulf Cooperation Council) Rigid Packaging Market Covers Key Players:

  • Amcor Limited
  • Al Watania Plastics
  • Schott AG
  • Ball Corporation
  • Bemis Company Inc.
  • RAK Ghani Glass LLC
  • Sapin SA
  • Saudi Plastic Factory Company

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    Geographical Landscape:

    This Report Focuses on the GCC (Gulf Cooperation Council) Rigid Packaging in the market, especially in North America, China, Europe, Japan, Southeast Asia, India. This report categorizes the market based on manufacturers, regions, type, and application

    Market Overview:

  • GCC Rigid Packaging market was valued USD 15.33 billion in 2018 and is expected to register a CAGR of 5.73% during the forecast period (2019 – 2024). Favorable economic and demographic trends, an increase in personal disposable income, and the expansion of economies are key factors that contribute to the expansion of market studied in various countries.
  • Rise in demand for domestically manufactured goods has led to a rise in demand for effective rigid packaging solutions, thus driving the growth of the rigid packaging market in major countries within GCC.
  • The high per capita income and younger demographic profile of GCC nations have a positive effect on the demand for high-value luxury goods and electronics goods. The working expatriate population is the reason for the increase in demand for consumer goods. Additionally, the regional governments have been emphasizing to improve their infrastructure to bring in an influx of tourists to their countries.
  • Government support for domestic food production is continuing to reduce reliance on imports, which is supporting the growth of the local food and beverage providers. <

    Report Highlights:

    – The report provides a detailed analysis on current and future market trends to identify the investment opportunities

    – Market forecasts till 2024, using estimated market values as the base numbers

    – Key market trends across the business segments, Regions and Countries

    – Key developments and strategies observed in the market

    – Market Dynamics such as Drivers, Restraints, Opportunities and other trends

    – In-depth company profiles of key players and upcoming prominent players

    – Growth prospects among the emerging nations through 2024

    – GCC (Gulf Cooperation Council) Rigid Packaging Market opportunities and recommendations for new investments

    Price Of Report: $ 3850 (SUL)

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    Detailed TOC of GCC (Gulf Cooperation Council) Rigid Packaging Market Research Report 2019 – 2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Industry Value Chain Analysis
    4.3 Industry Attractiveness Porter’s Five Force Analysis
    4.3.1 Threat of New Entrants
    4.3.2 Bargaining Power of Buyers/Consumers
    4.3.3 Bargaining Power of Suppliers
    4.3.4 Threat of Substitute Products
    4.3.5 Intensity of Competitive Rivalry
    4.4 Industry Regulatory Policies
    4.5 Trade Analysis – Import/Export Analysis
    4.6 Introduction to Market Drivers and Restraints
    4.7 Market Drivers
    4.7.1 Increasing Demand For Convenience Products, Due To Improving Consumer Lifestyle
    4.7.2 Increasing Usage Of Plastics (Recyclable Plastics)
    4.8 Market Restraints
    4.8.1 Increasing Popularity Of Flexible Packaging In The GCC Countries

    5 MARKET SEGMENTATION
    5.1 By Material Type
    5.1.1 Plastic
    5.1.2 Glass
    5.1.3 Metal
    5.1.4 Other Material Types
    5.2 By End-user Vertical
    5.2.1 Food and Beverage
    5.2.2 Pharmaceutical
    5.2.3 Personal Care
    5.2.4 Industrial
    5.3 By Country
    5.3.1 Saudi Arabia
    5.3.2 UAE
    5.3.3 Qatar
    5.3.4 Rest of GCC

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Amcor Limited
    6.1.2 Al Watania Plastics
    6.1.3 Schott AG
    6.1.4 Ball Corporation
    6.1.5 Bemis Company Inc.
    6.1.6 RAK Ghani Glass LLC
    6.1.7 Sapin SA
    6.1.8 Saudi Plastic Factory Company

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

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