Post-Covid GCC paper industry investments surge in excess of $1.6bln to cater to consumer demand growth

Post-Covid GCC paper industry investments surge in excess of $1.6bln to cater to consumer demand growth

- 12th edition of Paper Arabia, the international exhibition on paper, tissue, paperboard and converting industry, will be held at the Dubai International Convention & Exhibition Centre during May 16-18, 2023

- Over 100 companies from 30 countries join the show to tap into the Middle East boom for paper products

Dubai: The industry’s oldest and premium exhibition, Paper Arabia, is making a comeback in the backdrop of post-COVID new investments and expansions in the GCC paper industry surging in excess of US$ 1.6 billion in the last nearly two years.

At a media briefing today, spokespeople of Paper Arabia, organised by Dubai’s pioneer in events and expos, Al Fajer Information and Services, said a major share of these investments were in the UAE and Saudi Arabia in greenfield projects as well as in expansion of existing production facilities to cater to the growing consumer demand for paper products, particularly in packaging and hygiene.

“The paper industry in the Middle East has evolved over the years and it is now one of the world’s fastest growing markets. The COVID pandemic had brought in disruptions and production bottlenecks throwing in unprecedented challenges for paper mills across the world, but it also helped mushroom new opportunities