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Middle East and Africa Corrugated Pallets Market

Middle East and Africa Corrugated Pallets Market: Information by Number of Layers (Less Than 3 Layers, 3-5 Layers), End-User (Electronics, Automotive), and Region (Saudi Arabia, UAE)—Forecast till 2030

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Market Overview

The Middle East and Africa corrugated pallets market size witnessed significant growth in the past and is expected to grow at a CAGR of 4.2% during the forecast period (2023-2030).

Corrugated pallets, also known as paper pallets, are not made of wood but are constructed from corrugated materials, paper board sheets, and other paper-based components. They are produced using different manufacturing techniques, including corrugated top and bottom decks, internal support cells, honeycomb support blocks, corrugated runners, compressed corrugated material for support blocks, and built-up runners.

Highlights

  • Less than three layers dominated the market by several layers.
  • Food and Beverages dominated the market by End-User.
  • Saudi Arabia dominated the market by region. 

Market Snapshot

Base Year:
2022
Study Period:
2020-2031
CAGR:
4.2 %
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Market Dynamics

Middle East and Africa Corrugated Pallets Market Drivers

Increasing Momentum in the Food and Beverage Sector

Emerging economies are crucial in expanding the food and beverage sector in the Middle East and Africa. These economies are witnessing population growth and improved living standards, leading to an increased demand for corrugated pallets in the food supply chain across different countries. Moreover, the Food and Agriculture Organization of the United Nations reports that approximately one-third of the food produced globally is wasted during transportation and handling, resulting in food shortages. Corrugated pallets are essential for preserving food to address this issue and meet the growing demand for food. They provide effective protection against moisture and humidity, preventing the growth of mold and addressing hygiene concerns, thus reducing food wastage.

Middle East and Africa Corrugated Pallets Market Restraints

Imposition of Rigorous Volatile Organic Compound Policies

In the Middle East and Africa, the corrugated pallets market is expected to witness a downturn due to the implementation of environmental regulations. Restrictions and regulatory actions are imposed on corrugated pallets that release toxic solvents and volatile organic compounds (VOCs), which can adversely affect health, including symptoms like nausea, vomiting, nosebleeds, fatigue, and dizziness. Consequently, these factors are anticipated to hinder the market's growth during the projected period.

Middle East and Africa Corrugated Pallets Market Opportunities

The surge in Demand for Eco-Conscious Packaging Solutions

In the Middle East and Africa, household demand for e-commerce retail channels is increasing. Companies that employ non-recyclable materials in their packaging are receiving substantial backlash and public scrutiny. Using plastic in packaging is widely recognized as the least sustainable choice and often faces legal obstacles from government authorities and environmental protection agencies. However, due to its complete recyclability, corrugated packaging has emerged as a feasible and environmentally friendly alternative to plastic packaging materials.

Segmental Analysis

The Middle East and Africa corrugated pallets market is segmented into several layers and applications.

The number of layers is further segmented into less than three years, 3-5 layers, and more than five layers.

Less than three layers dominated the market and are expected to register a CAGR of 3.7% over the forecast period.

It is further segmented by application into electronics, food and beverages, agriculture, chemical and pharma, automotive, and others.

Food and Beverages dominated the market and are expected to register a CAGR of 5.5% over the forecast period.

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Regional Analysis

The corrugated pallets market is segmented by country: Saudi Arabia, UAE, Israel, Qatar, Egypt, South Africa, Rest of the Middle East, and Africa. Saudi Arabia dominated the market with a CAGR of 4.4% during the forecast period.

The Middle East and Africa region is experiencing growth in the corrugated pallets market. Factors such as increasing industrialization, urbanization, and the rise of e-commerce drive the region's demand for efficient and sustainable packaging solutions. Moreover, the expanding food and beverage industry and the need for safe and hygienic transportation of goods are further propelling the market. Additionally, implementing favorable government policies and investments in infrastructure development is expected to fuel the growth of the Middle East and Africa corrugated pallets market.

Regional Growth Insights Download Free Sample

Top Key Players of Middle East and Africa Corrugated Pallets Market

  1. Conitex Sonoco
  2. Brambles Limited
  3. Smurfit Kappa
  4. Milwood
  5. Spanco Enterprises
  6. DS Smith
  7. KRAFTPAL Technologies
  8. PGS Group
  9. Kamps Pallets

Report Scope

Report Metric Details
CAGR 4.2%
Forecast Period 2023-2031
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered
  1. By Number of Layers:
    1. Less than 3 Layers
    2. 3-5 Layers
    3. More than 5 Layers
  2. By End-User:
    1. Electronics
    2. Food and Beverages
    3. Agriculture
    4. Chemical and Pharma
    5. Automotive
    6. Others

Recent Developments

  • October 2022- Toppan (TYO: 7911), a global leader in communication, security, packaging, décor materials, and electronic solutions, has developed new polypropylene (PP) mono-material barrier packaging with exceptional heat and water resistance, making it appropriate for retort sterilization.
  • April 2022- SDR Ventures is delighted to announce that Kamps, Inc. has purchased L&R Pallet Service, Inc. (“L&R Pallet” or “the Company”) (“Kamps”). SDR served as L&R Pallet’s sole sell-side counsel throughout the sale process.

Middle East and Africa Corrugated Pallets Market Segmentations

By Number of Layers:

  • Less than 3 Layers
  • 3-5 Layers
  • More than 5 Layers

By End-User:

  • Electronics
  • Food and Beverages
  • Agriculture
  • Chemical and Pharma
  • Automotive
  • Others

By Countries

  • UAE
  • Turkey
  • Saudi Arabia
  • South Africa
  • Egypt
  • Nigeria
  • Rest of MEA

Frequently Asked Questions (FAQs)

What is the growth rate for the Middle East and Africa corrugated pallets market?
The Middle East and Africa corrugated pallets market is expected to grow at a CAGR of 4.2% during the forecast period (2022-2030).
Key verticals adopting Middle East and Africa corrugated pallets include: - Conitex Sonoco, Brambles Limited, Smurfit Kappa, Milwood, Spanco Enterprises
Increasing momentum in the food and beverage sector is the key drivers for the growth of the Middle East and Africa corrugated pallets market
The Middle East and Africa corrugated pallets market is segmented by end users are Electronics, Food and Beverages, Agriculture, Chemical and Pharma, Automotive
Surge in demand for eco-conscious packaging solutions is the key opportunity in market.
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