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Middle East and North Africa Metal Packaging Market is expected to reach US$ 11,292.02 million by 2030

Middle East and North Africa Metal Packaging Market is growing at a CAGR of 4.1% to reach US$ 11,292.02 million by 2030 from US$ 8,168.36 million in 2022 by Material, Product Type, End Use Industry.

By The Insight Partners

Increasing Demand for Canned Foods Drive MENA Metal Packaging Market Growth

According to the latest market study on “MENA Metal Packaging Market Forecast to 2030 – COVID-19 Impact and Regional Analysis – by Material, Product Type and End-Use Industry,” the MENA metal packaging market size was valued at US$ 8,168.36 million in 2022 and is projected to reach US$ 11,292.02 million by 2030; it is anticipated to record a CAGR of 4.1% from 2022 to 2030. The report highlights key factors driving the market growth and prominent players along with their developments in the market.

Metal packaging has many advantages, such as product protection, durability, sustainability, and customer preferences. Metal has good barrier properties to light, gases, and odors and withstands high temperatures. Metal is strong and protects the inside contents from damage. Aluminum and steel are considerably more durable than other packaging materials. Metal is made to last and to be reused multiple times. A few of the metal packaging products are bottles, cans, caps and closures, drums, and tubes. Canned foods have a long shelf life, attributed to heat and vacuum sealing during the canning process. Changing consumer preferences increase demand for on-the-go and ready-to-eat options such as packaged food products. The increasing demand for clean-label, low-calorie, and low-carb foods and manufacturers' continuous launch of innovative products has spurred the sales of canned food products.

MENA Metal Packaging Market Breakdown – by Region

To get free sample copy of the report, along with the TOC, Statistics, and Tables please visit @ https://www.theinsightpartners.com/brochure/TIPRE00031442

Metal cans are also lightweight, making them cost-effective for transportation and reducing carbon emissions during distribution. With innovations in design and manufacturing, metal packaging cans continue to evolve, meeting diverse consumer needs while embodying durability, sustainability, and convenience. In addition to their practical benefits, metal packaging cans offer a visually appealing and customizable option for brands. The demand for canned products in MENA, such as canned soups and stews, frozen soup, canned seafood soup and broths, and frozen fruits and vegetables, has increased. In 2022, Pacific Foods launched canned soups and plant-based chilis in recyclable, non-BPA-lined steel packaging.

Government schemes and initiatives are expected to boost the development of the food industry in the Middle East. For instance, in June 2023, the Ministry of Industry and Mineral Resources (Saudi Arabia) announced investment targets of US$ 20 billion in the food industry by 2035, of which US$ 133 million is allocated to canned tuna projects in the country. Canned food products are convenient and shelf-stable options that can be stored without refrigeration. The growing immigrant population and busy lifestyle have further fostered the growth of packaged food products. These factors have prompted manufacturers and suppliers to develop marketing, distribution, and expansion strategies to cater to the growing demand for convenience products. For instance, in November 2023, the National Agricultural Development Co (NADEC) and Del Monte Saudi Arabia Factory Co Ltd established a joint venture to produce and distribute food products that include French fries, canned fruits & vegetables, frozen fruits, and processed fruits. Therefore, the development of the canned food industry supports the growth of the MENA metal packaging market.

Ball Corp, Crown Holdings Inc, Dayal Metal Containers Factory LLC, Saudi Can Co, Saudi Arabian Steel Can Manufacturing Co, Mahmood Saeed Beverage Cans & Ends Industry Co Ltd, Consolidated Can Manufacturing Co Ltd, and Southern Can Making Co Ltd are among the key players in the MENA metal packaging market.

Impact of COVID-19 Pandemic on MENA Metal Packaging Market Growth

Before the COVID-19 pandemic, the metal packaging market was significantly driven by rising demand for food and beverages and pharmaceutical products. The international market players focused on expanding geographic reach globally through merger and acquisition strategies to cater to a broad customer base. In early 2020, the COVID-19 pandemic adversely affected the growth of the metal packaging market. The mitigation strategies to combat the effects of the pandemic negatively impacted the growth of various industries. Industries such as packaging, consumer goods, automotive, food & beverages, and cosmetics were adversely affected by the sudden disruptions in value chains due to the sudden closure of national and international boundaries. The lockdowns imposed by the governments in various countries in 2020 imposed restrictions on the opening of restaurants, hotels, retail stores, and liquor shops, which decreased the demand for metal packaging.

The penetration of e-commerce platforms and home delivery services in the region increased during the pandemic as the brick-and-mortar stores were closed. The development of e-commerce platforms positively influenced the demand for metal packaging, as aluminum containers are widely used to contain food products. In 2021, rising vaccination rates contributed to improvements in the overall conditions in different countries, which led to conducive environments for the chemicals & materials industry. The sales of metal packaging increased with the resumption of production and sales operations in end-use industries.

The "MENA Metal Packaging Market Analysis and Forecast to 2030" is a specialized and in-depth study of the chemicals & materials industry, focusing on the MENA metal packaging market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The MENA metal packaging market is divided on the basis of material, product type, and end-use industry. Based on material, the market is segmented into aluminum, steel, and others. In terms of product type, the market is segmented into bottles, cans, caps and closures, drums, tubes, and others. Based on the end-use industry, the metal packaging market is segmented into food & beverages, personal care, consumer goods, pharmaceuticals, paints & coatings, automotive, and others. Aluminum metal packaging is a versatile and widely utilized solution in packaging materials. Renowned for its lightweight nature, corrosion resistance, and recyclability, aluminum is an ideal choice for various packaging needs. Steel metal packaging is a versatile and widely used solution in the packaging industry, offering a range of benefits that contribute to its popularity. Tin-coated steel metal packaging represents a sophisticated and practical evolution in packaging solutions.

Metal packaging is significant and pervasive in the food & beverages industry, offering many benefits catering to manufacturers and consumers. Steel and aluminum, commonly used metals in packaging, provide a robust shield against external elements such as light, air, and moisture, preserving the freshness and quality of food & beverages. Metal packaging is crucial in the automotive industry, providing durability and protection for various components. The others segment comprise the chemical industry, electronics industry, and oil & gas. In the chemical industry, metal packaging is indispensable for its ability to safely contain and transport hazardous substances. Robust materials such as steel and aluminum are chosen for their resilience against corrosive chemicals and potential reactions. In the oil & gas industry, metal packaging is used for storing and transporting hazardous materials, such as oil, gas, and chemicals, due to its durability and resistance to corrosion. Metal packaging is also essential for protecting sensitive equipment and instruments used in drilling, extraction, and refining processes.

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