"Executive Summary Middle East and Africa Hot Fill Packaging Market: Growth Trends and Share Breakdown
CAGR Value
Data Bridge Market Research analyses that the market is growing with a CAGR of 3.4% in the forecast period of 2021 to 2028 and is expected to reach USD 3,132.84 million by 2028.
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Middle East and Africa Hot Fill Packaging Market Summary
Segments
The Middle East and Africa hot fill packaging market is segmented based on type, material, and application. The type segment includes bottles, cartons, pouches, trays, cups, and others. Among these, bottles are expected to witness significant growth due to their convenience and wide usage across various industries. The material segment consists of polyethylene terephthalate (PET), polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), and others. PET is anticipated to dominate the market owing to its recyclability and suitability for hot fill packaging applications. In terms of application, the market is categorized into food, beverages, pharmaceuticals, and others. The food segment is projected to hold a substantial share due to the increasing demand for convenient packaging solutions in the food industry.
Market Players