Middle East and Africa Compostable Packaging Market – Industry Trends and Forecast to 2030

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Middle East and Africa Compostable Packaging Market Analysis and Size

The demand for compostable packaging has increased in last few years due to the increasing awareness regarding the impact of packaging on environment. As a result, there is a need to reduce the dependency on fossil resources. The increase in the use of compostable packaging solutions in packaging needs is mainly driven by the constantly growing demand for eco-friendly products by consumers and brands owners which will enhance the market growth rate.

Data Bridge Market Research analyses that the compostable packaging market is expected to reach USD 875.59 million by 2030, which is USD 284.25 million in 2022, registering a CAGR of 15.10% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.     

Middle East and Africa Compostable Packaging Market Scope and Segmentation

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Market Definition

Compostable packaging products can easily biodegrade and disintegrate into natural components such as water, biomass and carbon dioxide and leaving no harmful element in the soil. Compostable packaging will easily and naturally break down when left in the right environment. Unlike traditional packaging, organic packaging is prepared with natural organic materials that break down in a reasonable period and leave no toxic harmful chemicals or particles behind.

Compostable Packaging Market Dynamics

Drivers

• Rising demand of compostable packaging for personal care and cosmetic products

The trend toward using natural materials for personal or cosmetic products has been increasing due to synthetic materials' adverse effects on health and the environment. Various manufacturers of personal care and cosmetic products are shifting towards compostable packaging by decreasing the overall material used for packaging. This change is mainly driven by consumers' consciousness regarding the sustainability of packaging products. As per the data of CDF Corporation, the personal care and cosmetic products industry contributes to the innovation of a compostable packaging culture, pursuing packaging that decreases environmental impact by using natural materials that are recycled, reused, and reduced. Therefore, increasing demand of compostable packaging for personal care and cosmetic products will likely boost the market growth.

• Increasing usage of compostable packaging in food and beverage industry

The compostable packaging is extensively used in the food and beverage industry for the packaging of various food products which is expected to witness high growth of the market during the forecast period. The demand for the compostable packaging is nonstop for water bottle and non-alcoholic beverages in the market. The increasing demand for bottled water is attributed to the fear of diseases as a result of drinking polluted tap water, and the ease of convenience provided by bottled water.​Therefore, increasing usage of compostable packaging in food and beverage industry is anticipated to drive the market growth.

Opportunities

• Increasing demand for ecofriendly packaging among consumers

Increasing concern regarding the ecofirendly packaging among consumers is growing.The large companies such as Coca-Cola Company, Unilever Group, Danone and many others are highly focusing on adopting compostable packaging to retain their customer base. As a result of this, the demand for compostable packaging is increasing in this region market which will create immense opportunities for the growth of the market.

• Growing awareness regarding packaging waste in landfills and oceans

The growing awareness regarding increasing plastic waste into the environment mainly in landfills and oceans has augmented the demand for the compostable packaging in last few years. This has enforced brand retailers and owners to choose compostable packaging materials for the packaging of products which is likely to increase the demand for the compostable packaging and generate lucrative opportunities for the market in this region.

Restraints/ Challenges

• High cost of compostable packaging market

The effectiveness of compostable packaging and lack of sufficient technology are some of the major challenging factors that impede market growth rate. Changing consumer mind-set due to the higher prices of compostable packaging than conventional products is projected to be a major and foremost challenge faced by end user industry.

This compostable packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the compostable packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Middle East and Africa Compostable Packaging Market Scope

The compostable packaging market is segmented on the basis of product, material, packaging layer, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Bags
• Trays
• Cups
• Plates
• Films
• Lids
• Straws
• Cutlery
• Bowls
• Clamshells
• Pouches and Sachets
• Others

Material

• Plastic
• Paper and Paperboard
• Others

 Packaging Layer

• Primary
• Secondary
• Tertiary

Distribution Channel

• B2B
• Supermarkets/Hypermarkets
• Departmental Stores
• Convenience Stores
• Specialty Stores
• E-commerce
• Others

 End-User

• Food and Beverages
• Medical
• Automotive
• Electrical and Electronics
• Agriculture
• Textile Goods
• Personal and Home Care
• Chemical
• Others

Compostable Packaging Market Regional Analysis/Insights

The compostable packaging market is analyzed and market size insights and trends are provided by country, products, material, packaging layer, distribution channel and end-user as referenced above.

The countries covered in the compostable packaging market report are United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.

U.A.E dominates the compostable packaging market in terms of revenue and market. This is owing to the favourable rules from the government and increased awareness regarding eco-friendly friendly within this region. Also, high investment in the textile industry and easy availability of raw material will further boost market growth.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Compostable Packaging Market Share Analysis

The compostable packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Middle East and Africa presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to compostable packaging market.

Some of the major players operating in the compostable packaging market are:

• TIPA LTD (Israel)
• Riverside Paper Co. Inc. (U.S.)
• SmartSolve Industries (U.S.)
• Özsoy Plastik (Turkey)
• Ultra Green Sustainable Packaging (U.S.)
• Hoşgör Plastik (Turkey)
• Eurocell S.r.l (U.K.)
• Tetra Pak International SA (Switzerland)
• Kruger Inc. (Canada)
• Amcor plc (Switzerland)
• Mondi (U.K.)
• International Paper Company (U.S.)
• Smurfit Kappa (U.S.)
• DS Smith (U.K.)
• Rengo Co. Ltd (Japan)
• WestRock Company (U.S.)
• Stora Enso (Sweden)
• Bemis manufacturing company (U.S.)
• Rocktenn (U.S.)
• BASF SE (Germany)
• Clearwater Paper Corporation (U.S.)

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