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.
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.
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.
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.
Study Period | 2020-2032 | CAGR | 4.2% |
Historical Period | 2020-2022 | Forecast Period | 2024-2032 |
Base Year | 2023 | Base Year Market Size | USD XX Billion |
Forecast Year | 2032 | Forecast Year Market Size | USD XX Billion |
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.
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
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.