Middle East and Africa Paper & Paperboard Trays Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Virgin Fiber and Recycled Fiber) and Application (Food and Beverages, Consumer Electronics, Personal Care and Cosmetics, Healthcare, and Others)
Market Introduction
The Middle East and Africa paper & paperboard trays market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The factors such as the increasing working population, busy lifestyles, rapid urbanization, and changing taste preferences have generated a great demand for ready-to-eat food products. Moreover, the demand for these products has risen steeply during the COVID-19 pandemic, which has encouraged food manufacturers to come up with a wide range of packaging innovations. Ovenable packaging is among the most progressive innovation in this segment. Ovenable paper and paper-board trays are used to provide chilled, fresh, and frozen ready-to-eat meals at both the retail and foodservice levels. Lightweight, good thermal conductivity, strong performance, temperature resistance, and optimal barrier properties make them feasible and preferable packaging solutions over packaging options such as Crystallized Polyethylene Terephthalate (CPET) and polypropylene plastic trays. Ovenable paper and paper-board trays are available in a variety of shapes and sizes with different closing alternatives such as peelable and non-peelable films, or non-peelable and perforated tear-off paperboard lids. Moreover, they are sustainable packaging solutions that are easy to recycle. Foodservices, airline catering, and retail food outlets are among the major adopters of ovenable paper and paper-board trays, and the demand is expected to grow in the coming years.
South Africa reported the highest number of COVID-19 confirmed cases across Middle East and Africa, which led to the discontinuation of several businesses, such as paper & paperboard trays manufacturing activities. Also, due to the outbreak, most countries declared a health emergency and stopped unessential movements, thus impacting heavily on the supply chain of goods. Manufacturing facilities hustled to make changes due to the implementation of social distancing norms, which cased disruptions and slowdowns on throughput. Paper and paperboard industry may continue to see weak or broken links in their supply chains, which, in turn, would negatively affect the paper & paperboard trays market growth in the coming years.
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Market Overview and Dynamics
The paper & paperboard trays market in Middle East and Africa is expected to grow from US$ 268.07 million in 2021 to US$ 393.94 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2021 to 2028. The rising demand for sustainable and flexible packaging products in different sectors, notably the food & beverages sector, is a crucial factor driving the Middle East and Africa paper and paperboard trays market. Governments and other regulatory bodies are highly emphasizing the use of recyclable products owing to growing environmental concerns. They have laid down stringent regulations pertaining to the use of sustainable products. Focus on innovations and product developments to enhance the sustainability of paperboard trays has caused a spur in the market growth. Cascades, sustainable packaging company, launched the first thermoformed cardboard tray in 2020. The product is made from 100% recyclable and recycled cardboard and has a recyclable water-based barrier coating that provides moisture resistance. The application of paper in packaging is undergoing a restoration as consumers perceive it as a high-value, environmentally friendly material. It is a biodegradable, recyclable, and bio-based material. A paradigm shift in consumer behavior toward adopting sustainable packaging solutions is compelling manufacturers to focus on green packaging, which is driving the paper and paperboard trays market growth.
Key Market Segments
Based on material, the virgin fiber segment accounted for the largest share of the Middle East and Africa paper & paperboard trays market in 2020. Based on application, the food and beverages segment accounted for the largest share of the Middle East and Africa paper & paperboard trays market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Middle East and Africa paper & paperboard trays market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Huhtamaki; Mondi; Pactiv Evergreen Inc; Hartmann; International Paper; and PaperTech.
Reasons to buy report
- To understand the Middle East and Africa paper & paperboard trays market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Middle East and Africa paper & paperboard trays market
- Efficiently plan M&A and partnership deals in Middle East and Africa paper & paperboard trays market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Middle East and Africa paper & paperboard trays market
- Obtain market revenue forecast for market by various segments from 2019-2028 in Middle East and Africa region.
Middle East and Africa Paper & Paperboard Trays Market Segmentation
Middle East and Africa Paper & Paperboard Trays Market -By Material
- Virgin Fiber
- Recycled Fiber
Middle East and Africa Paper & Paperboard Trays Market -By Application
- Food and Beverages
- Consumer Electronics
- Personal Care and Cosmetics
- Healthcare
- Others
Middle East and Africa Paper & Paperboard Trays Market – By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Middle East and Africa Paper & Paperboard Trays Market – Company Profiles
- Huhtamaki
- Mondi
- Hartmann
- Pactiv Evergreen Inc.
- International Paper
- PaperTech
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Paper & Paperboard Trays Market, by Material
1.3.2 Paper & Paperboard Trays Market, by Application
1.3.3 Paper & Paperboard Trays Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Middle East and Africa Paper & Paperboard Trays Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to Substitute
4.2.4 Threat to New Entrants
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Paper and Paperboard Trays Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Heightening Demand for Sustainable Products
5.1.2 Huge Investments in Paper and Paperboard Trays
5.2 Market Restraints
5.2.1 Insufficiency of Paper-Based Materials in Providing Overall Protection to Packaged Goods
5.3 Market Opportunities
5.3.1 Escalating Need for Flexible Paper Packaging in Emerging Region
5.4 Future Trends
5.4.1 Popularity of Ovenable Paper and Paperboard Trays in Food and Beverages Sector
5.5 Impact Analysis of Drivers and Restraints
6. Paper & Paperboard Trays – Middle East and Africa Market Analysis
6.1 Paper & Paperboard Trays Market Overview
6.2 Paper & Paperboard Trays Market –Revenue and Forecast to 2028 (US$ Mn)
7. Middle East and Africa Paper & Paperboard Trays Market Analysis – By Material
7.1 Overview
7.2 Middle East and Africa Paper & Paperboard Trays Market Share, By Material, 2020 & 2028
7.3 Virgin Fiber
7.3.1 Overview
7.3.2 Virgin Fiber: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
7.4 Recycled Fiber
7.4.1 Overview
7.4.2 Recycled Fiber: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
8. Middle East and Africa Paper & Paperboard Trays Market Analysis – By Application
8.1 Overview
8.2 Paper & Paperboard Trays Market Share, By Application, 2020 & 2028
8.3 Food and Beverages
8.3.1 Overview
8.3.2 Food and Beverages: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
8.4 Consumer Electronics
8.4.1 Overview
8.4.2 Consumer Electronics: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
8.5 Personal Care and Cosmetics
8.5.1 Overview
8.5.2 Personal Care and Cosmetics: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
8.6 Healthcare
8.6.1 Overview
8.6.2 Healthcare: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
9. Middle East and Africa Paper & Paperboard Trays Market– Country Analysis
9.1 Middle East and Africa: Paper & Paperboard Trays Market
10. Impact of COVID-19 Pandemic on Middle East and Africa Paper and Paperboard Market
10.1 Impact of COVID-19 on Paper and Paperboard Market
10.2 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Product Launch
11.3 Mergers & acquisition
11.4 Expansion
11.5 Collaboration
12. Key Company Profiles
12.1 Huhtamaki
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Mondi
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Pactiv Evergreen Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hartmann
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 International Paper
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 PaperTech
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of TermsTABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Paper & Paperboard Trays Market, by Material
1.3.2 Paper & Paperboard Trays Market, by Application
1.3.3 Paper & Paperboard Trays Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Middle East and Africa Paper & Paperboard Trays Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to Substitute
4.2.4 Threat to New Entrants
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Paper and Paperboard Trays Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Heightening Demand for Sustainable Products
5.1.2 Huge Investments in Paper and Paperboard Trays
5.2 Market Restraints
5.2.1 Insufficiency of Paper-Based Materials in Providing Overall Protection to Packaged Goods
5.3 Market Opportunities
5.3.1 Escalating Need for Flexible Paper Packaging in Emerging Region
5.4 Future Trends
5.4.1 Popularity of Ovenable Paper and Paperboard Trays in Food and Beverages Sector
5.5 Impact Analysis of Drivers and Restraints
6. Paper & Paperboard Trays – Middle East and Africa Market Analysis
6.1 Paper & Paperboard Trays Market Overview
6.2 Paper & Paperboard Trays Market –Revenue and Forecast to 2028 (US$ Mn)
7. Middle East and Africa Paper & Paperboard Trays Market Analysis – By Material
7.1 Overview
7.2 Middle East and Africa Paper & Paperboard Trays Market Share, By Material, 2020 & 2028
7.3 Virgin Fiber
7.3.1 Overview
7.3.2 Virgin Fiber: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
7.4 Recycled Fiber
7.4.1 Overview
7.4.2 Recycled Fiber: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
8. Middle East and Africa Paper & Paperboard Trays Market Analysis – By Application
8.1 Overview
8.2 Paper & Paperboard Trays Market Share, By Application, 2020 & 2028
8.3 Food and Beverages
8.3.1 Overview
8.3.2 Food and Beverages: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
8.4 Consumer Electronics
8.4.1 Overview
8.4.2 Consumer Electronics: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
8.5 Personal Care and Cosmetics
8.5.1 Overview
8.5.2 Personal Care and Cosmetics: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
8.6 Healthcare
8.6.1 Overview
8.6.2 Healthcare: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
9. Middle East and Africa Paper & Paperboard Trays Market– Country Analysis
9.1 Middle East and Africa: Paper & Paperboard Trays Market
10. Impact of COVID-19 Pandemic on Middle East and Africa Paper and Paperboard Market
10.1 Impact of COVID-19 on Paper and Paperboard Market
10.2 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Product Launch
11.3 Mergers & acquisition
11.4 Expansion
11.5 Collaboration
12. Key Company Profiles
12.1 Huhtamaki
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Mondi
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Pactiv Evergreen Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hartmann
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 International Paper
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 PaperTech
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of TermsTABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Paper & Paperboard Trays Market, by Material
1.3.2 Paper & Paperboard Trays Market, by Application
1.3.3 Paper & Paperboard Trays Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Middle East and Africa Paper & Paperboard Trays Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to Substitute
4.2.4 Threat to New Entrants
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Paper and Paperboard Trays Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Heightening Demand for Sustainable Products
5.1.2 Huge Investments in Paper and Paperboard Trays
5.2 Market Restraints
5.2.1 Insufficiency of Paper-Based Materials in Providing Overall Protection to Packaged Goods
5.3 Market Opportunities
5.3.1 Escalating Need for Flexible Paper Packaging in Emerging Region
5.4 Future Trends
5.4.1 Popularity of Ovenable Paper and Paperboard Trays in Food and Beverages Sector
5.5 Impact Analysis of Drivers and Restraints
6. Paper & Paperboard Trays – Middle East and Africa Market Analysis
6.1 Paper & Paperboard Trays Market Overview
6.2 Paper & Paperboard Trays Market –Revenue and Forecast to 2028 (US$ Mn)
7. Middle East and Africa Paper & Paperboard Trays Market Analysis – By Material
7.1 Overview
7.2 Middle East and Africa Paper & Paperboard Trays Market Share, By Material, 2020 & 2028
7.3 Virgin Fiber
7.3.1 Overview
7.3.2 Virgin Fiber: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
7.4 Recycled Fiber
7.4.1 Overview
7.4.2 Recycled Fiber: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
8. Middle East and Africa Paper & Paperboard Trays Market Analysis – By Application
8.1 Overview
8.2 Paper & Paperboard Trays Market Share, By Application, 2020 & 2028
8.3 Food and Beverages
8.3.1 Overview
8.3.2 Food and Beverages: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
8.4 Consumer Electronics
8.4.1 Overview
8.4.2 Consumer Electronics: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
8.5 Personal Care and Cosmetics
8.5.1 Overview
8.5.2 Personal Care and Cosmetics: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
8.6 Healthcare
8.6.1 Overview
8.6.2 Healthcare: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)
9. Middle East and Africa Paper & Paperboard Trays Market– Country Analysis
9.1 Middle East and Africa: Paper & Paperboard Trays Market
10. Impact of COVID-19 Pandemic on Middle East and Africa Paper and Paperboard Market
10.1 Impact of COVID-19 on Paper and Paperboard Market
10.2 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Product Launch
11.3 Mergers & acquisition
11.4 Expansion
11.5 Collaboration
12. Key Company Profiles
12.1 Huhtamaki
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Mondi
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Pactiv Evergreen Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hartmann
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 International Paper
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 PaperTech
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms- Huhtamaki
- Mondi
- Pactiv Evergreen Inc.
- Hartmann
- International Paper
- PaperTech
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East and Africa paper & paperboard trays 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 Middle East and Africa paper & paperboard trays 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 Middle East and Africa market trends and outlook coupled with the factors driving the Middle East and Africa paper & paperboard trays 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