Report : Middle East and Africa Stick & Sachet Packing Machine Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Stick Pack Packing Machine and Sachet Packing Machine), Product Type (Powder and Granule, Liquid Products, and Others), and End User (Food and Beverages, Pharmaceuticals, Chemicals, Cosmetics, and Others)
Stick Pack Packing Machine Segment to Dominate Middle East & Africa Stick & Sachet Packing Machine Market during 2019–2028.
According to a new market research study on “Middle East & Africa Stick & Sachet Packing Machine Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, Product Type, and End User,” is expected to reach US$ 1,438.24 million by 2028 from US$ 974.85 million in 2022. The market is estimated to grow at a CAGR of 5.7% from 2022 to 2028. Automation in packaging machines is the major factor driving the growth of the Middle East & Africa stick & sachet packing machine market. However, high production and import cost may hinder the growth of Middle East & Africa stick & sachet packing machine market. The report provides trends prevailing in the Middle East & Africa stick & sachet packing machine market along with the drivers and restraints pertaining to the market growth.
The Middle East & Africa stick & sachet packing machine market is segmented into type, product type, end user, and country. The Middle East & Africa stick & sachet packing machine market, based on type, has been bifurcated into stick pack packing machine and sachet packing machine. In 2020, the stick pack packing machine segment held the largest share Middle East & Africa stick & sachet packing machine market. Based on product type, the Middle East & Africa stick & sachet packing machine market is segmented into powder and granule, liquid products, and others. In 2020, the power and granule segment held the largest share Middle East & Africa stick & sachet packing machine market. The Middle East & Africa stick & sachet packing machine market, by end user, is categorized into food and beverages, pharmaceutical, chemicals, cosmetics, and others. In 2020, the food and beverages segment held the largest share Middle East & Africa stick & sachet packing machine market. Similarly, based on country, the market is fragmented into the UAE, Saudi Arabia, South Africa, and the rest of Middle East & Africa. The rest of Middle East & Africa contributed a substantial share in 2020.
IMA-Ilapak; Ingeniería de Envasado Vertical S.L; Körber AG; SmartPac Verpackungsmaschinen GmbH; and Syntegon Technology GmbH are among the leading companies in the Middle East & Africa stick & sachet packing machine market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, ARANOW Packaging Machinery, S.L. collaborated with AlliedFlex Technologies to boost sales in the Middle East & African region for handling the stick pack packaging machinery product line.
Middle East & Africa Stick & Sachet Packing Machine Market, By Country, 2020 and 2028 (%)
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