The food wrap market in the UAE is expected to reach a projected revenue of US$ 99.3 million by 2030. A compound annual growth rate of 6.9% is expected of the UAE food wrap market from 2024 to 2030.
The UAE food wrap market generated a revenue of USD 62.1 million in 2023 and is expected to reach USD 99.3 million by 2030.
The UAE market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
In terms of segment, paper was the largest revenue generating material in 2023.
Paper is the most lucrative material segment registering the fastest growth during the forecast period.
Food wrap market data book summary
Market revenue in 2023
USD 62.1 million
Market revenue in 2030
USD 99.3 million
Growth rate
6.9% (CAGR from 2023 to 2030)
Largest segment
Paper
Fastest growing segment
Paper
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Plastic Foil, Aluminum Foil, Paper
Key market players worldwide
Amcor PLC, Berry Global Group Inc, Huhtamaki, Reynolds Consumer Products Inc Ordinary Shares, ProAmpac, Mitsubishi Chemical Group Corp, Georgia-Pacific Packaging & Cellulose, Veritiv, Pixelle Specialty Solutions, Ahlstrom-Munksjö
Other key industry trends
In terms of revenue, UAE accounted for 1.2% of the global food wrap market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Middle East & Africa, Saudi Arabia food wrap market is projected to lead the regional market in terms of revenue in 2030.
Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 119.3 million by 2030.
The expansion of food establishments in the UAE is poised to significantly boost the food wrap market. As new restaurants, cafes, food trucks, and catering services emerge to serve the country’s diverse population and thriving tourism industry, the demand for various food packaging solutions, including food wraps, is expected to escalate in the coming years.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Food Wrap Market Outlook will help companies and investors design strategic landscapes.
Paper was the largest segment with a revenue share of 51.21% in 2023.
Horizon Databook has segmented the Uae food wrap market based on plastic foil, aluminum foil, paper covering the revenue growth of each sub-segment from 2018 to 2030.
The expansion of food establishments in the UAE is poised to significantly boost the food wrap market. As new restaurants, cafes, food trucks, and catering services emerge to serve the country’s diverse population and thriving tourism industry, the demand for various food packaging solutions, including food wraps, is expected to escalate in the coming years.
Uae Food Wrap Market Material Outlook (Revenue, USD Million , 2018-2030)
Plastic Foil
Aluminum Foil
Paper
Uae Food Wrap Market Application Outlook (Revenue, USD Million , 2018-2030)
Food Service
Online
Institutional
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE Food Wrap Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into UAE Food Wrap Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.