MENA metal packaging market poised for growth
The latest analysis of the Middle East and North Africa (MENA) metal packaging market reveals an anticipated robust growth trajectory, with projections estimating an increase from US$ 8.16 billion in 2022 to US$ 11.29 billion by 2030.
At a compound annual growth rate (CAGR) of 4.1% over the forecast period, the market’s expansion signals increasing confidence in metal as a preferred packaging material across numerous sectors.
The substantial market share held by the food and beverages segment underscores the centrality of metal packaging in maintaining product integrity and shelf-stability. This aligns with global trends recognising the unique properties of metals like aluminium and steel, which offer unparalleled barrier protection and durability.
Conventional product categories such as cans, drums, and caps and closures continue to dominate, while emerging trends in the personal care and cosmetics industries drive further innovation and adoption of metal packaging solutions.
Regional growth factors include escalating demand for canned foods, a surge in the personal care and cosmetics sectors, and a consumer shift towards convenient, ready-to-eat food options. This is coupled with the industry’s pivot towards leveraging recycled metals and post-consumer recycled materials, presenting significant opportunities for market expansion. In light of these regional dynamics, industry players are strategising through mergers, acquisitions, and product development, seeking to broaden their reach and adapt to evolving market demands.