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Middle East & Africa EVOH Resins Market for Food Application Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Application (Films, Tray, Bottles, Bag-in-Box, and Others) and End-Use (Bakery and Confectionery, Beverages, Sauces and Dressings, Meat Poultry and Seafood, RTE Foods and Meals, and Others)
- Report Code : BMIRE00027165
- Pages : 101
The Middle East & Africa EVOH resins market for food application is expected to grow from US$ 11.82 billion in 2022 to US$ 13.95 billion by 2028; it is estimated to grow at a CAGR of 2.8% from 2022 to 2028.
The increasing consumer preference for online sales channels to purchase EVOH films is the major factor driving the Middle East & Africa EVOH resins market for food application. Online sales channels are preferred by consumers to purchase EVOH films for food packaging. Therefore, many companies are focusing on developing e-commerce websites to increase customer engagement. In addition, the increase in smartphone penetration is supporting the demand for EVOH films. Digital content, travel and leisure, financial services, and e-mail are e-commerce options available to an internet-accessible customer base, which is gaining traction as internet usage grows. Therefore, consumer awareness of the technology is expected to have a positive impact on the EVOH resins for food market growth. Moreover, the COVID-19 pandemic transformed the way e-commerce functions. Growing small and medium enterprises at a significant rate and increasing number of start-ups have led to the adoption of the online marketplace for business. Existing organizations and large businesses tend to do business online because telecommunications and infrastructure are cheaper. E-commerce allows organizations to easily reach customers to achieve the desired business results. Hence, the strong growth in the online retail sector for EVOH films would provide lucrative opportunities for the market in the coming years.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa EVOH resins market for food application. The Middle East & Africa EVOH resins market for food application is expected to grow at a good CAGR during the forecast period.
Middle East & Africa EVOH Resins Market for Food Application Revenue and Forecast to 2028 (US$ Billion)
Middle East & Africa EVOH Resins Market for Food Application Segmentation
The Middle East & Africa EVOH resins market for food application is segmented into application, end use, and country.
Based on application, the Middle East & Africa EVOH resins market for food application is segmented into films, trays, bottles, bag-in-box, and others. The films segment held the largest market share in 2022.
Based on end use, the Middle East & Africa EVOH resins market for food application is segmented into bakery and confectionery; beverages; sauces and dressings; meat, poultry, and seafood; RTE foods and meals; and others. The meat, poultry, and seafood segment held the largest market share in 2022.
Based on country, the Middle East & Africa EVOH resins market for food application is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The UAE held the largest market share in 2022.
Arkema, Chang Chun Group, Coveris, Kureha B.V., and Solvay S.A. are among the leading companies in the Middle East & Africa EVOH resins market for food application.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA EVOH Resins Market for Food Application, by Application
1.3.2 MEA EVOH Resins Market for Food Application, by End Use
1.3.3 MEA EVOH Resins Market for Food Application, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. MEA EVOH Resins Market for Food Application Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA EVOH Resins Market for Food Application – Key Market Dynamics
5.1 Market Drivers
5.1.1 Food Packaging Sector Raising Demand
5.1.2 Rules and Regulations Regarding Use of Sustainable Eco-Friendly Packaging
5.2 Market Restraints
5.2.1 Availability of Low-Cost Substitutes
5.3 Market Opportunities
5.3.1 Consumer Preference for Online Sales Channels to Purchase EVOH Films
5.4 Future Trends
5.4.1 Rising Focus of Market Players on Product Innovation and Consumer Convenience
5.5 Impact Analysis
6. EVOH Resins Market for Food Application – MEA Market Analysis
6.1 MEA EVOH Resins Market for Food Application Overview
6.2 MEA EVOH Resins Market for Food Application –Revenue and Forecast to 2028 (US$ Thousand)
6.3 MEA EVOH Resins Market for Food Application –Volume and Forecast to 2028 (Tons)
7. MEA EVOH Resins Market for Food Application Analysis – By Application
7.1 Overview
7.2 MEA EVOH Resins Market for Food Application, By Application (2021 and 2028)
7.3 Films
7.3.1 Overview
7.3.2 Films: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
7.3.3 Films: EVOH Resins Market for Food Application – Volume and Forecast to 2028 (Tons)
7.4 Tray
7.4.1 Overview
7.4.2 Tray: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
7.4.3 Tray: EVOH Resins Market for Food Application – Volume and Forecast to 2028 (Tons)
7.5 Bottles
7.5.1 Overview
7.5.2 Bottles: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
7.5.3 Bottles: EVOH Resins Market for Food Application – Volume and Forecast to 2028 (Tons)
7.6 Bag-in-box and Others
7.6.1 Overview
7.6.2 Bag-in-box and Others: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
7.6.3 Bag-in-box and Others: EVOH Resins Market for Food Application – Volume and Forecast to 2028 (Tons)
8. MEA EVOH Resins Market for Food Application Analysis – End Use
8.1 Overview
8.2 MEA EVOH Resins Market for Food Application, By End Use (2021 and 2028)
8.3 Bakery and Confectionery
8.3.1 Overview
8.3.2 Bakery and Confectionery: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
8.4 Beverages
8.4.1 Overview
8.4.2 Beverages: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
8.5 Sauces and Dressings
8.5.1 Overview
8.5.2 Sauces and Dressings: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
8.6 Meat Poultry and Seafood
8.6.1 Overview
8.6.2 Meat Poultry and Seafood: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
8.7 RTE Foods and Meals
8.7.1 Overview
8.7.2 RTE Foods and Meals: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
8.8 Others
8.8.1 Overview
8.8.2 Others: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
9. MEA EVOH Resins Market for Food Application –Country Analysis
9.1 Overview.
9.1.1 Middle East and Africa: EVOH Resins Market For Food Application, by Key Country
9.1.1.1 South Africa: EVOH Resins Market For Food Application –Volume and Forecast to 2028 (Tons)
9.1.1.2 South Africa: EVOH Resins Market For Food Application –Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.2.1 South Africa: EVOH Resins Market For Food Application, by Application
9.1.1.2.2 South Africa: EVOH Resins Market For Food Application, by Application
9.1.1.2.3 South Africa: EVOH Resins Market For Food Application, by End Use
9.1.1.3 Saudi Arabia: EVOH Resins Market For Food Application –Volume and Forecast to 2028 (Tons)
9.1.1.4 Saudi Arabia: EVOH Resins Market For Food Application –Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.4.1 Saudi Arabia: EVOH Resins Market For Food Application, by Application
9.1.1.4.2 Saudi Arabia: EVOH Resins Market For Food Application, by Application
9.1.1.4.3 Saudi Arabia: EVOH Resins Market For Food Application, by End Use
9.1.1.5 UAE: EVOH Resins Market For Food Application –Volume and Forecast to 2028 (Tons)
9.1.1.6 UAE: EVOH Resins Market For Food Application –Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.6.1 UAE: EVOH Resins Market For Food Application, by Application
9.1.1.6.2 UAE: EVOH Resins Market For Food Application, by Application
9.1.1.6.3 UAE: EVOH Resins Market For Food Application, by End Use
9.1.1.7 Rest of MEA: EVOH Resins Market For Food Application –Volume and Forecast to 2028 (Tons)
9.1.1.8 Rest of MEA: EVOH Resins Market For Food Application –Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.8.1 Rest of MEA: EVOH Resins Market For Food Application, by Application
9.1.1.8.2 Rest of MEA: EVOH Resins Market For Food Application, by Application
9.1.1.8.3 Rest of MEA: EVOH Resins Market For Food Application, by End Use
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
11. COMPANY PROFILES
11.1 Chang Chun Group.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Coveris
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Arkema
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Solvay S.A.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. MEA EVOH Resins Market for Food Application –Revenue and Forecast to 2028 (US$ Thousand)
Table 2. MEA EVOH Resins Market for Food Application –Volume and Forecast to 2028 (Tons)
Table 3. MEA EVOH Resins Market for Food Application, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 4. Middle East and Africa EVOH Resins Market For Food Application, by Application– Volume and Forecast to 2028 (Tons)
Table 5. Middle East and Africa EVOH Resins Market For Food Application, by Application– Revenue and Forecast to 2028 (USD Thousand)
Table 4. Saudi Arabia EVOH Resins Market For Food Application, by Application – Volume and Forecast to 2028 (Tons)
Table 5. Saudi Arabia EVOH Resins Market For Food Application, by Application – Revenue and Forecast to 2028 (USD Thousand)
Table 6. Saudi Arabia EVOH Resins Market For Food Application, by End Use – Revenue and Forecast to 2028 (USD Thousand)
Table 7. UAE EVOH Resins Market For Food Application, by Application – Volume and Forecast to 2028 (Tons)
Table 8. UAE EVOH Resins Market For Food Application, by Application – Revenue and Forecast to 2028 (USD Thousand)
Table 9. UAE EVOH Resins Market For Food Application, by End Use – Revenue and Forecast to 2028 (USD Thousand)
Table 10. Rest of MEA EVOH Resins Market For Food Application, by Application – Volume and Forecast to 2028 (Tons)
Table 11. Rest of MEA EVOH Resins Market For Food Application, by Application – Revenue and Forecast to 2028 (USD Thousand)
Table 12. Rest of MEA EVOH Resins Market For Food Application, by End Use – Revenue and Forecast to 2028 (USD Thousand)
Table 13. Glossary of Terms, MEA EVOH Resins Market for Food Application Market
LIST OF FIGURES
Figure 1. MEA EVOH Resins Market for Food Application Segmentation
Figure 2. MEA EVOH Resins Market for Food Application Segmentation – By Country
Figure 3. MEA EVOH Resins Market for Food Application Overview
Figure 4. MEA EVOH Resins Market for Food Application, By Application
Figure 5. MEA EVOH Resins Market for Food Application, by Country
Figure 6. Porter’s Five Forces Analysis
Figure 7. Ecosystem: MEA EVOH Resins Market for Food Application
Figure 8. Expert Opinion
Figure 9. MEA EVOH Resins Market for Food Application: Impact Analysis of Drivers and Restraints
Figure 10. MEA EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
Figure 11. MEA EVOH Resins Market for Food Application – Volume and Forecast to 2028 (Tons)
Figure 12. MEA EVOH Resins Market for Food Application Revenue Share, By Application (2021 and 2028)
Figure 13. MEA Films: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 14. MEA Films: EVOH Resins Market for Food Application – Volume and Forecast To 2028 (Tons)
Figure 15. MEA Tray: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 16. MEA Tray: EVOH Resins Market for Food Application – Volume and Forecast To 2028 (Tons)
Figure 17. MEA Bottles: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 18. MEA Bottles: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (Tons)
Figure 19. MEA Bag-in-box and Others: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 20. MEA Bag-in-box and Others: EVOH Resins Market for Food Application – Volume and Forecast To 2028 (Tons)
Figure 21. MEA EVOH Resins Market for Food Application Revenue Share, By End Use (2021 and 2028)
Figure 22. MEA Bakery and Confectionery: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 23. MEA Beverages: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 24. MEA Sauces and Dressings: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 25. MEA Meat Poultry and Seafood: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 26. MEA RTE Foods and Meals: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 27. MEA Others: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 28. Middle East and Africa: EVOH Resins Market For Food Application, by Key Country – Revenue (2021) (US$ Thousand)
Figure 29. Middle East and Africa: EVOH Resins Market For Food Application Revenue Share, by Key Country (2021 and 2028)
Figure 30. South Africa: EVOH Resins Market For Food Application –Volume and Forecast to 2028 (Tons)
Figure 31. South Africa: EVOH Resins Market For Food Application –Revenue and Forecast to 2028 (US$ Thousand)
Figure 32. Saudi Arabia: EVOH Resins Market For Food Application –Volume and Forecast to 2028 (Tons)
Figure 33. Saudi Arabia: EVOH Resins Market For Food Application –Revenue and Forecast to 2028 (US$ Thousand)
Figure 34. UAE: EVOH Resins Market For Food Application –Volume and Forecast to 2028 (Tons)
Figure 35. UAE: EVOH Resins Market For Food Application –Revenue and Forecast to 2028 (US$ Thousand)
Figure 36. Rest of MEA: EVOH Resins Market For Food Application –Volume and Forecast to 2028 (Tons)
Figure 37. Rest of MEA: EVOH Resins Market For Food Application –Revenue and Forecast to 2028 (US$ Thousand)
● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa EVOH resins market for food application market
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa EVOH resins market for food application market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the EVOH resins market for food application market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
The List of Companies – Middle East & Africa EVOH Resins Market
● Arkema
● Chang Chun Group
● Kureha B.V.
● Solvay S.A
At 2.8% CAGR, the Middle East & Africa EVOH Resins Market for Food Application is speculated to be worth US$ 13.95 Million by 2028, says The Insight Partners
According to The Insight Partners’ research, the Middle East & Africa EVOH resins market for food application was valued at US$ 11.82 billion in 2022 and is expected to reach US$ 13.95 billion by 2028, registering an annual growth rate of 2.8% from 2022 to 2028. Rising application in food packaging sector and various rules and regulations regarding use of sustainable eco-friendly packaging are the critical factors attributed to the market expansion.
Online sales channels are preferred by the consumers to purchase EVOH films for food packaging. Therefore, many companies focus on developing e-commerce websites to increase customer engagement. Industry analysis also indicates that rising demand for EVOH films among end-users is driven by changing market trends. In addition, increase in smartphone penetration is supporting the EVOH films demand.
Digital content, travel and leisure, financial services, and e-mail are e-commerce options available to an internet-accessible customer base, which is gaining traction as internet usage grows. Therefore, consumer awareness of the technology is expected to have a positive impact on the EVOH resins for food market growth. Moreover, COVID-19 pandemic crisis has transformed the way e-commerce functions. Growing small and medium enterprises at a significant rate, especially in Russia, and increasing number of start-ups have led to the adoption of online marketplace for business. Existing organizations and large businesses tend to do business online because telecommunications and infrastructure are cheaper. E-commerce allows organizations to easily reach customers to achieve the desired business results. Hence, the strong growth in the online retail sector for EVOH films would provide lucrative opportunities for the market in the coming years.
On the contrary, presence of low-cost substitutes hurdles the growth of Middle East & Africa EVOH resins market for food application.
Based on application, the Middle East & Africa EVOH resins market for food application is segmented into films, trays, bottles, bag-in-box, and others. With 63.7% of market share the films segment dominated the market in 2022. It accrued US$ 7.53 billion in 2022 and is estimated to generate US$ 8.99 billion by 2028 to grow at a CAGR of 3.0% over the forecast period.
Based on end use, the Middle East & Africa EVOH resins market for food application is segmented into bakery and confectionery; beverages; sauces and dressings; meat, poultry, and seafood; RTE foods and meals; and others. The meat, poultry, and seafood segment held the largest market share of 40.7% in 2022, amassing US$ 4.81 billion. It is projected to garner US$ 5.81 billion by 2028 to expand at 3.2% CAGR during 2022–2028.
Our regional analysis states that the UAE captured 37.2% market share in 2022. It was assessed at US$ 4.47 billion in 2022 and is likely to hit US$ 2.78 billion by 2028, exhibiting a CAGR of 2.0% during the forecast period.
Key players dominating the Middle East & Africa EVOH resins market for food application are Arkema, Chang Chun Group, Coveris, Kureha B.V., and Solvay S.A. among others.
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