PUBLISHER: The Insight Partners | PRODUCT CODE: 1764923
PUBLISHER: The Insight Partners | PRODUCT CODE: 1764923
The Middle East & Africa cling films market was valued at US$ 365.12 million in 2023 and is expected to reach US$ 497.47 million by 2031; it is estimated to register a CAGR of 3.9% from 2023 to 2031.
Growing Focus on Eco-Friendly Cling Films Bolsters Middle East & Africa Cling Films Market
Consumers and businesses are increasingly prioritizing sustainability in their purchasing decisions as environmental awareness rises. This shift in consumer behavior is positively influencing manufacturers to innovate and offer cling film products that are made from recycled materials, compostable, and biodegradable. Moreover, governments and environmental organizations across the world are implementing stringent regulations and incentives to reduce plastic waste and promote the use of sustainable materials. This regulatory push encourages manufacturers to develop eco-friendly products and boosts consumer confidence in these alternatives. As a result, the cling films market is expected to experience a surge in demand for environmentally responsible products in the future, paving the way for a sustainable future in packaging material in various industries.
Middle East & Africa Cling Films Market Overview
The Middle East & Africa is experiencing rapid growth in healthcare and pharmaceutical manufacturing owing to increased demand for healthcare facilities and rising population in the region. Several favorable government initiatives and programs support pharmaceutical production in the country. According to the International Trade Administrative, in October 2021, the Abu Dhabi Department of Economic Development (ADDED) announced the launch of the Smart Manufacturing program, which aims to automate production facilities and make them efficient. The program is expected to attract foreign companies to increase local manufacturing across various industries, including healthcare and pharmaceutical. Rise in pharmaceutical production bolsters the demand for cling films in the region.
Middle East & Africa Cling Films Market Revenue and Forecast to 2031 (US$ Million)
Middle East & Africa Cling Films Market Segmentation
The Middle East & Africa cling films market is categorized into material type, form, end use, and country.
Based on material type, the Middle East & Africa cling films market is segmented into low density polyethylene, biaxially oriented polypropylene, polyvinyl chloride, polyvinylidene chloride, and others. The low density polyethylene segment held the largest Middle East & Africa cling films market share in 2023.
In terms of form, the Middle East & Africa cling films market is bifurcated into cast cling film and blow cling film. The cast cling film segment held a larger Middle East & Africa cling films market share in 2023.
By end use, the Middle East & Africa cling films market is divided into food, healthcare and pharmaceuticals, consumer goods, industrial, and others. The industrial segment held the largest Middle East & Africa cling films market share in 2023.
By country, the Middle East & Africa cling films market is segmented into South Africa, the UAE, Saudi Arabia, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa cling films market share in 2023.
Berry Global Group Inc, The Interpublic Group of Companies Inc, Multiwrap, Dow Inc, POLIFILM, and Mitsubishi Chemical Group Corp. are some of the leading companies operating in the Middle East & Africa cling films market.