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DUBLIN--(BUSINESS WIRE)-- The "GCC Rigid Packaging - Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to this report, the GCC Rigid Packaging Market is expected to grow at a CAGR of 7.7% during the forecast period.
Growing usage of plastics and rising demand for convenience products are some of the factors fueling the market growth. However, rising popularity of flexible packaging in GCC countries is restraining the market.
Based on end user, Food and Beverage segment has a significant growth during the forecast period. Due to the demand for rigid packaging solutions has gained major elevation in the food and beverage industry as it provides a longer shelf life for the packaged food items.
By geography, Middle East & Africa holds the largest market share during the forecast period. Saudi Arabia has been encouraging considerable investments to the various end users and the Saudi government has been rising the healthcare budget expenditure, quickly.
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Companies Profiled:
For more information about this report visit https://www.researchandmarkets.com/research/9w6wcb/the_gcc_rigid?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20190118005483/en/
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