Market Size of United Arab Emirates Plastic Bottles Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 113.68 Million |
Market Size (2029) | USD 141.61 Million |
CAGR (2024 - 2029) | 4.49 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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United Arab Emirates Plastic Bottles Market Analysis
The United Arab Emirates Plastic Bottles Market size is estimated at USD 113.68 million in 2024, and is expected to reach USD 141.61 million by 2029, growing at a CAGR of 4.49% during the forecast period (2024-2029). In terms of production volume, the market is expected to grow from 120.70 thousand tonnes in 2024 to 148.59 thousand tonnes by 2029, at a CAGR of 4.25% during the forecast period (2024-2029).
Plastic is a popular polymer as it is strong, durable, and lightweight and can be shaped into many different things. The growing demand for plastic bottles in the United Arab Emirates is attributable to its diverse applications in the packaging industry.
- Strategically located with a robust infrastructure and business-friendly policies, the United Arab Emirates has solidified its status as a key food trade hub, streamlining the flow of food and beverage products in both regional and international markets. The rise of hypermarkets, supermarkets, and online grocery shopping further amplifies the nation's sales of food, beverages, and personal care products.
- In the United Arab Emirates, plastic packaging has gained traction among consumers due to its lightweight and unbreakable nature, simplifying handling. Major manufacturers, including Bericap Holding GmbH, favor plastic packaging for its cost-effectiveness. Furthermore, the increasing adoption of polymers like polyethylene terephthalate (PET) and high-density polyethylene (HDPE) for producing plastic bottles in the beverage, pharmaceutical, and personal care sectors is driving market expansion in the UAE.
- The burgeoning beverage sector in the country is fueled by rising non-alcoholic beverage consumption, a growing population, surging tourism, fast-paced lifestyles, and a shift towards healthier drink preferences. Data from the UAE Restaurants Group reveals that the United Arab Emirates is home to over 2,000 food and beverage manufacturing firms, raking in an annual revenue of USD 7.63 billion. This revenue accounts for 25% of the nation's manufacturing GDP, thereby bolstering the demand for plastic bottles.
- Yet, plastic pollution remains a significant environmental concern. Growing awareness of plastic's detrimental effects poses a challenge to the market's expansion in the country. In response to rising plastic pollution concerns, both manufacturers and consumers in the United Arab Emirates are increasingly gravitating towards eco-friendly packaging alternatives such as paper and metal.