GCC Paper Products Market Size, Growth, Top Key Players, Share, Revenue, and Forecast Report 2021-2026
According to the latest report by IMARC Group, titled “GCC Paper Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the GCC paper products market size reached US$ 10.4 Billion in 2020. Looking forward, IMARC Group expects the GCC paper products market to exhibit moderate growth during 2021-2026. Paper products refer to paper-based materials, including cups, plates and packaging, that are often lined or coated with wax or plastic to prevent the soaking or leaking of the content of the products. Widely available in numerous sizes, colors, forms and textures, these disposables are lightweight, recyclable and easy to handle. They are commonly made from recycled paper, making them easy to decompose to form nutrient-rich compost. Cups and plates made from paper are safe to be used in microwaves for reheating purposes, which has contributed to their escalating use for packaging and serving various foods and beverages, including tea, coffee, soups, soft drinks, sweet corn, and instant noodles, across the food industry. Other product variants, such as copy papers and envelops are also gaining widespread prominence among the students and working professionals.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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GCC Paper Products Market Trends:
The market in the GCC region is majorly driven by the increasing utilization of paper products across numerous sectors, including textiles, education, pharmaceuticals, electronics, and food and beverages. Several paper products, such as paper towels, toilet rolls, and tissue papers, are gaining widespread prominence across the domestic and commercial segments on account of the improving living standards and the inflating disposable income levels of the masses. This is also supported by the growing hygiene consciousness among the masses in the GCC region. Moreover, the increasing preference for online shopping among individuals has impelled the demand for eco-friendly packaging solutions, including paper packaging. Supported by an enhanced focus on sustainable development among the masses, this is expected to create a positive outlook for the market. The market is further driven by the escalating demand for online food delivery services in the region, thereby facilitating the uptake of paper cups, plates and packaging. In addition to this, the implementation of plastic ban in various parts of the GCC region, including Oman and Saudi Arabia, is another major growth-inducing factor. The governments of multiple GCC countries are taking favorable initiatives to phase out the usage of traditional plastic bags and products, which, in turn, is expected to boost the sales of paper counterparts.
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Key Market Segmentation:
Competitive Landscape With Key Players:
Safeer Luxury Pack
Arkan Mfg Paper Cup Company
Middle East Paper Company (MEPCO)
Al Kifah Paper Products
Al Nawar Corner
Lamina Company Ltd
Golden Paper Cups Mfg. Co. Ltd.
Unipack Containers & Carton Products LLC
Hotpack Packaging LLC
Gulf Carton
Arabian Paper Products Company (APPCO)
Breakup by Cups Type:
Cold Paper Cups.
Hot Paper Cups.
Breakup by Wall Type:
Single wall-paper cups.
Double wall-paper cups.
Breakup by Application:
Tea and Coffee
Chilled food and beverages
Others.
Breakup by Plate Type:
Heavy-duty plates.
Medium-duty plates.
Breakup by Distribution Channel:
Retail
Institutional Segments.
Breakup by Product Type:
Boxes,
Rigid Boxes
Folding Cartons
Paper Bags
Others.
Breakup by Material Type:
Brown
White
Other kraft.
Breakup by Regional Insights:
Saudi Arabia
The UAE
Kuwait
Oman
Bahrain
Qatar.
Key Highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021- 2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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All Hi Fly Flights Now Single-Use Plastic Free
Hi Fly, a leading wet-lease carrier, has worked
hard to replace any single-use plastic items on board with more
environmentally friendly options.
This includes bamboo cutlery, cups, spoons, and
salt and pepper shakers, while packaging for bedding, dishes,
individual butter pots, soft drink bottles and toothbrushes have
been replaced with compostable alternatives crafted from recycled
material.
The company operated its first ever 'plastic-free' trial flight when it took
passengers on a Boxing Day trip from the carrier's base in Lisbon
to Natal, Brazil, on an Airbus A340 in December 2018. This was
quickly followed with three further 'plastic-free' test flights in
addition to a series of 12 reduced plastic journeys.
These flight tests determined that every commercial
passenger long haul flight that takes to the air with no
single-use plastic items on board prevents around 350 kg of
single-use, virtually indestructible plastic from poisoning our
environment. When
scaling this up to take account of Hi Fly’s global operations,
then the difference becomes significant.
Hi Fly President,
Paulo Mirpuri, said, “We pledged at the time of our historic Hi Fly
test flights, without any single-use plastic items on board that
we would make Hi Fly the world’s first ‘plastic-free’ airline
within 12 months. We knew that if we worked hard to overcome the
problems that it was 100% possible. More importantly, in our
hearts, we knew it was much more than that. We knew that this was
a necessary move for the future of our planet. We are excited and we are proud, but we were never in
doubt.”
“Over 100,000
flights take off each day around the world and, last year,
commercial aircraft carried nearly four billion passengers. This
number is expected to double again in less than 20 years. So, the
potential to make a difference here is clear,” added Mr. Mirpuri. “We take our
commitment very seriously."
Hi Fly is an EASA and IOSA certified and FAA approved carrier that
operates a large fleet of Airbus aircraft, Airbus A320, A330, A340
and A380 families, exclusively available for wet lease worldwide.
Wet Lease - the supply of aircraft and crew, maintenance and
insurance - is Hi Fly’s core business.
See also:
Waste, Single-Use Plastic and Climate Change - Interview with WWF.
See latest
Travel News,
Interviews,
Podcasts
and other
news regarding:
Hi Fly,
Plastic,
Waste,
Sustainable.
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Cardboard Tubs Market Report Explored in Latest Research
Cardboard Tubs Market: Overview
Paper and cardboard play an important role in packaging industry with their compostable nature and multipurpose applications. Cardboard tubs are especially designed boxes majorly used for packaging goods. They are completely made up of cardboard and are biodegradable. They are available in various capacities ranging from 100 grams to 1 kg. Cardboard tubs can be customized as per the requirement of customer. Cardboard tubs are primarily used in food industry to serve ice creams, popcorns and other food products at various places. Cardboard tubs are also used for the packaging of promotional and premium products. They are highly adaptable as they utilize less material than products of similar specifications. They are available in the market as waxed and plain tubs. Waxed cardboard tubs offers good printability to the manufacturers. The outlook for the global cardboard tubs market is expected to be positive during the next decade.
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Cardboard Tubs Market: Dynamics
The global consumption pattern of food products is changing across the globe. The rising consumption of ice creams, desserts and other such food products is expected to drive the global cardboard tubs market during the forecast period. Cardboard tubs overcome the excess use of plastic-based cups and tubs to pack ice creams, popcorns and other food stuffs. The cardboard tubs are available in various capacities to cater different requirements. In addition, the growing awareness towards the use of sustainable packaging products, the demand for products made up of paper and cardboard is rising at a stellar pace and is expected to show similar trend during the next decade. These factors are expected to drive the global cardboard tubs market during the forecast period. Also, cardboard tubs offer customers an excellent printability which helps branding and promotion of products. In order to attract customers, the companies their logo and promotional strategies on the cardboard tubs. The cardboard tubs are highly cost-effective compared to its counterparts.
Cardboard Tubs Market: Regional Outlook
The ready-to-eat food industry is well established in the U.S. and Canada. The cardboard tubs are readily used in various sectors across the countries. Various food chains are utilizing cardboard tubs to serve their products. These factors are expected to drive the demand for the cardboard tubs market across the region. The growing battle against the use of plastic products across various parts of Europe including Italy, Spain, Germany, the U.K. and France among others is expected to push the growth prospects of more sustainable packaging solution such as cardboard tubs. Similar trends are observed in Australia & New Zealand. China, India, Thailand, and Indonesia among other nations in Asia Pacific region are expected to fuel the demand of cardboard tubs market during the forecast period. Brazil is a country with a high consumption of paper-based products which act as a positive sign for the growth of the cardboard tubs in the Latin America region. MEA region with countries such as South Africa, GCC countries (including Saudi Arabia, Oman, and Qatar among others) are expected to witness below average growth during the forecast period due to less penetration of paper and cardboard products in the region.
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Cardboard Tubs Market: Key Players
Some of the leading players operating in the global cardboard tubs market are:
Wafer Ltd.
Alpack Limited
BCS Foodpak
GM Packaging
SKS Bottle & Packaging, Inc.
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