Reinventing the Plastic & Packaging Industry - Driving Next Generation Excellence
The packaging market in the Middle East and North Africa (MENA) is valued at approximately US$41.1 billion in 2014 and is forecast to grow during the period 2014-19 at a CAGR of 5.0% to US$52.4 billion.
Rigid plastics form the largest packaging product group accounting for a projected market value share of 28.2% for 2014. Board packaging is the second most important category with 25.6% of consumption,followed by flexible plastics with a 12.9% share. Plastic packaging isgradually replacing glass bottles, metal cans and paper and board packagingbecause of its lighter weight, cost saving potential and greater designflexibility.
Food represents the largest end use sector for packaging products accounting for a projected 33.8% market value share in 2014. Industrial/bulk is the second largest sector with 26.4%, followed by beverage markets with 25.2%.
PlastiPack Middle East 2016, taking place at the Dusit Thani Dubai from 23-25 May will discuss the challenges and the solutions in the Middle East market like how to achieve maximum efficiency, lower costs and continuously innovate packaging applications to service the demands of the brands and end users.
This conference will also provide an interactive forum for industry stakeholders from across the entire value chain including petrochemical manufacturers, plastic processors and converters, FMCG and F&B brand owners, big Pharma, R&D institutions and solution providers, to discuss strategies to drive exports into the regional and global marketplace.