Market Share of GCC Paper Bags Industry
The GCC paper bags market is semi-consolidated and consists of a few influential players. The burgeoning retail industry and the escalating order for disposable packaging in quick service restaurants (QSRs) minimize the environmental risk as paper bags are biodegradable, reusable, and recyclable. The emerging trend of social gatherings on special occasions also drives the country's need for paper bags. The recyclability of paper is one of the key factors driving the market's growth. It helps the vendors to contribute to the sustainability goals through their products.
- In November 2022, HotpackGlobal, the UAE-based disposable food packaging product, launched its manufacturing plant in Qatar. The plant is the 15th Hotpack-owned and operated factory worldwide and reflects the company's global vision to become one of the global food packaging brand leaders by 2030. The state-of-the-art manufacturing plant, located in Doha's new industrial area, is a specialized factory producing various Hotpackpaper products, including paper bags.
- In September 2022, Oman-based KeryasPaper Industry announced it would set up 200,000 metric tonnes per annum Kraft Liner project in UAE at an investment of USD 40 million, expected to become operational in 2024. A contract to supply design and engineering services for the proposed project was signed with India's C2C Consultancy. The project is expected to fill the gap in the market for the lower GSM ranges. The mill's product portfolio includes soft GSM Kraft packaging paper with a basis weight of 60 to 80 as anchor GSM and 150 GSM basis weight Kraft packaging paper.
GCC Paper Bags Market Leaders
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Huhtamaki Flexibles UAE
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Hotpack Packaging Industries LLC
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Falcon Pack
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Gulf East Paper & Plastic Industries LLC
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Al Zaini Converting Industries
*Disclaimer: Major Players sorted in no particular order
