GCC Corrugated Box Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

GCC Corrugated Box Packaging Industry Overview

The market is fragmented with various domestic companies, such as Arabian Packaging LLC, Queenex Corrugated Carton Factory, Universal Carton Industries Group, Napco National, Falcon Pack, etc. Players in the market are adopting strategies such as partnerships, mergers, innovations, investments, company expansion, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

• December 2023: Universal Carton Industries Group, one of the leading corrugated cardboard box manufacturing companies located in Ras Al Khaimah Economic Zone (RAKEZ), invested approximately USD 14.97 million to expand its production volume to meet the growing demand for sustainable packaging solutions in the United Arab Emirates and overseas. This expansion will increase Universal Carton Industries Group’s production capacity by threefold to 100,000 tons annually, which shows the future market growth potential of corrugated box packaging in the GCC region.
• August 2023: EPG (Ehrhardt Partner Group), a supply chain software provider, partnered with Falcon Pack, a market vendor based in Dubai, to integrate EPG's Transportation Management System (TMS) in Falcon Pack's industrial set-up. This aims to enhance the speed, accuracy, and overall efficiency of Falcon Pack's rapidly expanding packaging activities in Dubai, supporting the Flacon Pack's presence in the market studied.