GCC Digital Printing Industry Overview
The market is fragmented with the presence of many market vendors, including Mondi PLC, Huhtamaki Oyj, Amcor PLC, Sealed Air Corporation, DS Smith PLC, and others. Mergers and acquisitions among vendors are occurring in the region, creating profitable business prospects and accelerating market expansion and technical improvement. Some of the major companies' investments in innovative printing industry technologies and solutions are anticipated to increase investment in the market.
- June 2024: Huhtamaki Oyj decided to consolidate its three flexible packaging manufacturing sites in the United Arab Emirates, keeping one factory in Jebel Ali and expanding the one in Ras Al Khaimah. The consolidation aims to optimize the manufacturing footprint and improve competitiveness, which would support the growth of the company's digital printing business by offering flexible digital packaging solutions in the market.
- May 2024: Amcor PLC expanded its packaging innovation hubs around the world. The company opened its Amcor Innovation Center, which would perform research and development in new material technologies to make packaging more sustainable while focusing on designs. This shows the company's priority on research and development and would support the advancement of the company's digital printing solutions to be competitive in the market studied.
GCC Digital Printing Market Leaders
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Mondi PLC
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Huhtamaki Oyj
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Amcor PLC
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Sealed Air Corporation
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DS Smith PLC
- *Disclaimer: Major Players sorted in no particular order