The UAE Packaging Industry - Market
Opportunities and Entry Strategies,
Analyses and Forecasts to 2015
Market Intelligence Report
Reference code: ICDPK0026MR
Published: January 2011
www.icd–research.com
ICD Research
John Carpenter House
7 Carmelite Street
London EC4Y 0BS
United Kingdom
Tel: +44 (0) 20 7936 6400
Fax: +44 (0) 20 7336 6813
© ICD Research. This report is a licensed product and is not to be photocopied
TABLE OF CONTENTS
TABLE OF CONTENTS
TABLE OF CONTENTS ................................................................................................................ 2
LIST OF TABLES .......................................................................................................................... 9
LIST OF FIGURES ...................................................................................................................... 10
1 Introduction ......................................................................................................................... 12
1.1 About this report ...........................................................................................................................12
1.2 Definitions .....................................................................................................................................12
1.3 Methodology ..................................................................................................................................13
1.3.1 Secondary research ..................................................................................................................................... 13
1.3.2 Primary research .......................................................................................................................................... 13
1.3.3 Conventions ................................................................................................................................................. 14
1.4 About ICD Packaging Intelligence Center ...................................................................................14
2 Executive Summary ............................................................................................................ 15
3 Market Attractiveness and Emerging Opportunities ........................................................ 16
3.1 Packaging Industry Size and Forecast ........................................................................................16
3.1.1 Packaging industry expected to grow at a CAGR of 4.94% during the forecast period, to be valued at
US$2.3 billion by 2015.................................................................................................................................. 16
3.1.2 Paper and board and rigid plastic packaging subcategories drive the UAE packaging industry ...................... 17
3.2 Market Share and Production Trend Analysis by Subcategory .................................................17
3.2.1 Paper and board packaging dependent on paper pulp imports ...................................................................... 17
3.2.2 Growth in rigid plastic packaging expected to be driven by PET bottles ......................................................... 17
3.2.3 Market share of flexible plastic packaging expected to decline from 10.6% in 2010 to 7.6% by 2015 ............. 17
3.2.4 Tinplate and beverage can exports to lead growth in metal packaging .......................................................... 18
3.2.5 Glass packaging expected to register a CAGR of 3.71%, to value US$216 million by 2015 ........................... 18
3.3 Packaging Machinery Market Size and Forecast ........................................................................19
3.3.1 Demand for packaging machinery to record a CAGR of 5.42% during the forecast period ............................. 19
3.4 Benchmarking with Key Global Markets .....................................................................................20
3.4.1 UAE packaging market is comparatively small because of a small consumer base ....................................... 20
3.4.2 UAE’s high packaging per capita spending makes the country rank among top ten globally .......................... 22
3.4.3 UAE’s paper and board packaging market valued at US$553 million in 2010; remains low compared to
other developed countries ............................................................................................................................ 23
3.4.4 UAE’s share remains at 0.1% of the global flexible plastic packaging market ................................................ 24
3.4.5 Market share of UAE in the rigid packaging segment remains low compared to other developed and
developing markets ...................................................................................................................................... 25
3.4.6 UAE’s metal packaging market share is low compared to top 15 countries globally ....................................... 26
3.4.8 UAE’s glass packaging market value remains low......................................................................................... 27
3.5 End User Market Dynamics ..........................................................................................................28
3.5.1 Food and beverages sector to account for 54% of packaging industry by 2015 ............................................. 29
The UAE Packaging Industry – Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015
© ICD Research. This report is a licensed product and is not to be photocopied Page 2
TABLE OF CONTENTS
3.5.2 Personal care market remains import dependent .......................................................................................... 30
3.5.3 UAE pharmaceutical industry is a lost opportunity for packaging industry ...................................................... 30
3.6 Market Opportunities: Key Trends and Growth Stimulators ......................................................31
3.6.1 Robust economic growth expected to continue to drive demand through increasing per capita income
levels ........................................................................................................................................................... 31
3.6.2 International tourism a major driver for the domestic packaging industry ....................................................... 31
3.6.3 Re-exports are a major contributor to the growth of the UAE packaging industry ........................................... 31
3.6.4 Increased number of hypermarkets has led to use of packaging as a marketing tool ..................................... 32
4 Packaging Import and Export Market Dynamics .............................................................. 33
4.1 Import and Export Dynami