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Analysis of GCC (Gulf Cooperation Council) Rigid Packaging Market 2019-2024: Industry Trends, Share, Size, Price, Revenue, Business Strategy, Production Technology Forecast to 2024

GCC

The “GCC (Gulf Cooperation Council) Rigid Packaging Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. GCC (Gulf Cooperation Council) Rigid Packaging market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. GCC (Gulf Cooperation Council) Rigid Packaging market report also offers market competitors that includes detailed company profiles along with company product specifications.

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. <

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    In GCC (Gulf Cooperation Council) Rigid Packaging Market Report, Following Companies Are Covered:

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

    GCC (Gulf Cooperation Council) Rigid Packaging Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • The rigid packaging market is segmented by material and end-user vertical. The materials are further segmented by plastic, glass, metal, and paper whereas the end-user vertical is segmented into food and beverage, pharmaceutical, personal care and industrial.

    Reasons for Buying GCC (Gulf Cooperation Council) Rigid Packaging Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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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.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of GCC (Gulf Cooperation Council) Rigid Packaging create from those of established entities?

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    Detailed TOC of GCC (Gulf Cooperation Council) Rigid Packaging Market 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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