Middle East And Africa Pulp And Paper Industry Market Size (2024 - 2029)

Middle East And Africa Pulp And Paper Market Analysis

The Middle East And Africa Pulp And Paper Industry is expected to grow from USD 16.81 billion in 2024 to USD 20.32 billion by 2029, at a CAGR of 3.54% during the forecast period (2024-2029).

• The market for pulp and paper products is expanding in the Middle East and Africa, mainly due to the growing demand for paper-based products and rising awareness of the need to lessen the carbon impact of traditional packaging materials. To reduce the use of non-renewable resources by limiting trash output in the nation, the Qatari government has launched several green economy programs under the National Vision 2030.
• The need for green packaging materials, particularly paper packaging solutions, is driving the market. This is further fueled by the enforcement of strict legislation regarding the ban on single-use plastic in the food and beverage sector. Also, unsustainable business practices have empowered consumers to demand a higher standard of product with a favorable ecological impact.
• The expansion of e-commerce sales and the rising demand for cartons and container boards are two significant factors driving the market under consideration. Consumers now prioritize recyclability and biodegradability over reusability as crucial packaging parameters. This reflects customers' increased concerns about the future environmental impact of packaging waste. Due to these factors, the market studied may continue to grow over the forecast period.
• Furthermore, according to the Saudi Press Agency (SPA), in the first three months of 2023, Saudi Arabia saw a more than three-fold increase in revenue from tourism, amounting to SAR 37 billion (USD 9.86 billion), as one of the largest oil exporters sought to draw in more foreign tourists and diversify away from oil-based revenues. The country’s incoming tourism revenue increased by 225% over the same period. The rapidly growing tourism sector presents many opportunities for developing the food and beverage industry in Saudi Arabia, accelerating the necessity of different paper-based packaging like folding cartons, paper bags, corrugated boxes, and more.
• The increasing price of raw materials is expected to challenge the growth of the pulp and paper industry. However, as living standards in Africa improve, the continent's demand for pulp and paper products may also increase. The market is expected to grow in the coming years due to urbanization and rising disposable income. Moreover, there is reason to acknowledge that paper consumption in the region will increase, creating business opportunities and no longer affecting the demand for paper-based products during the forecast period.
• Increasing environmental awareness is also driving the growth of paper products, with governments in the region, particularly the United Arab Emirates, clamping restrictions on using non-renewable products like single-use plastics. Consumer attitudes and preferences have changed. Recently, health and hygiene-conscious consumers have fuelled the market for paper packaging and disposables like tissues, with per capita consumption of these products on the rise. The demand for paper and pulp products in the Middle East and Africa market is driven by the demand for green packaging solutions.

Middle East And Africa Pulp And Paper Industry Segmentation

Pulp and paper are used by various industries as raw materials to produce pulp, paper, paperboard, and other cellulose-based products. Pulp is widely used as a raw material across various end-user industries to produce paper-based products and packaging. The report covers a detailed country-level analysis of various pulp grades used for different applications across industries in the Middle East and Africa.

The pulp and paper industry in the Middle East and Africa is segmented by grade (bleached chemical pulp (BCP), dissolving wood pulp (DWP), unbleached kraft pulp (UKP), and mechanical pulp), application (printing and writing, newsprint, tissue, carton board, containerboard, and other applications), country (United Arab Emirates, Saudi Arabia, Iran, Israel, Jordan, Syria, Bahrain, Kuwait, Lebanon, Egypt, Tunisia, Morocco, Algeria, South Africa, and Rest of Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.