In terms of Product Type, – Slotted containers segment has accomplished leading position in the UAE Corrugated Board Packaging Market -6Wresearch
By Product Type, Slotted Containers garnered dominant position in the UAE Corrugated board packaging market owing to their ease of handling, stacking, and storage, thus becoming a preferred choice in a broad spectrum of industries such as e-commerce, food and beverage, electronics, automotive, retail and textiles and apparel sectors.
According to 6Wresearch, UAE Corrugated Board Packaging Market is projected to grow at a CAGR of 6.2% during 2024-2030. The Corrugated Board packaging market in the UAE is poised for growth, driven by the rapidly advancing economy. Furthermore, Increased consumer spending to enhance living standards is expected to boost the retail and e-commerce sectors in the upcoming, consequently elevating the demand for corrugated board packaging attributed to increasing packaging and logistical needs.
UAE Corrugated Board market thrived due to the growing food and beverage industry coupled with increased online shopping. Additionally, the establishment of new fulfilment centres in key areas of the country fuelled by the expanding e-commerce sector, coupled with ban on the slae of plastics is likely to expand the corrugated board packaging market in the country.
According to Sumit, Senior Research Analyst, 6Wresearch, the processed food segment garnered a dominant position in the UAE Corrugated Board Packaging Market, by end user, owing to a rapid growth of the food and beverages sector on the back of an increasing per capita GDP, growing expatriate community and increase in tourist arrivals leading to a rise in demand of convenience foods, e-commerce platforms and food delivery services.
The UAE Corrugated Board Packaging Market (2024-2030) report provides an in-depth analysis with 20 figures and 5 tables, covering 68 pages. UAE Corrugated Board Packaging Market report thoroughly covers the market by product type and end users. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
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