Saudi Arabia Packaging Market Growth, Size, Trends, Share, Demand, Revenue and Future Outlook
Saudi Arabia Packaging Market Size- By Packaging Type, By Packaging Material, By End User Industry- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Aug-2024 | Report ID: PACK2413 | Pages: 1 - 106 | Formats*: |
| Category : Packaging | |||
Saudi Arabia Packaging Market Introduction and Overview
According to SPER Market Research, the Saudi Arabia Packaging Market is estimated to reach USD 10.44 billion by 2033 with a CAGR of 3.04%.
The report includes an in-depth analysis of the Saudi Arabia Packaging Market, including market size and trends, product mix, applications, and supplier analysis. Packaging is the process of wrapping products in protective materials for travel, storage, distribution, and display purposes. It entails the design, manufacture, and application of containers, materials, and technology to enable the safe and efficient conveyance of goods to end users. Packaging is essential for keeping the quality, integrity, and freshness of items while also improving their visual appeal and making them more convenient for consumers.
- In May 2019: Amcor Limited and Bemis Company Inc. announced that the US Department of Justice has granted regulatory permission for their merger. A prerequisite of this approval is the previously announced sale of certain Amcor assets in the United States to Tekni-Plex Inc.
- In February 2019: Amcor Limited introduced Genesis, a new in-store recyclable laminate solution aimed at a variety of segments such as fresh fruits and vegetables, frozen food, dried fruits and nuts, confectionary, chilled items, and pet food. The product is adaptable to a range of packaging forms and is suitable for specialised medical, home, and personal care industries.
Market Opportunities and Challenges
Opportunities- The market is expanding as a result of consumers' growing preferences for recyclable and environmentally friendly packaging materials as well as methods that lessen packaging's negative effects on the environment and its carbon footprint. In addition, there's a growing need for branded packaging to be used as gifts. This is supporting the pharmaceutical industry's use of packaging more often to preserve drugs and guarantee their effectiveness, which is fueling the Saudi Arabian market's expansion. Furthermore, the market is expanding due to the growing use of packaging for the secure storage and transportation of manufacturing and industrial products such bulk items, lubricants, and chemicals. Additionally, investors in the industry are being presented with profitable growth potential by the growing usage of packaging as a result of the booming e-commerce sector.
Challenges- Evolving regulatory changes and compliances would have a negative impact on the market. The Plastic Packaging Industry has challenges due to regulatory pressures, which are characterised by the constant change of regulations and norms governing plastic usage and environmental impact. Saudi Arabia's governments and regulatory authorities are increasingly addressing issues about plastic waste and environmental sustainability. The dynamic nature of regulatory changes needs ongoing adaptation by industry players. Plastic packaging makers must keep up with new legislation and amendments to old ones that address environmental issues. Furthermore, complying with increasing standards may incur additional expenditures for plastic packaging makers. Implementing environmentally friendly methods, including recyclable materials, and building effective waste management systems all have related costs.
Market Competitive Landscape
Saudi Arabia's packaging sector includes both regional and international businesses with a considerable presence in the region. Due to the large number of rivals, the market is fragmented, with no firm holding a major market share. The key players of this market are ASPCO, Sapin, Napco National, PRINTOPACK, Al-Shams Printing Packaging & Trading Co, Almoayyed International Group, PACFORT, Amcor PLC (Bemis Co Inc), Others
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Packaging Type, By Packaging Material, By End-User Industry |
| Regions covered | Riyadh, Jeddah, Dammam, Rest of Saudi Arabia |
| Companies Covered | ASPCO, Sapin, Napco National, PRINTOPACK, Al-Shams Printing Packaging & Trading Co, Almoayyed International Group, PACFORT, Amcor PLC (Bemis Co Inc). |
COVID-19 Impact on Saudi Arabia Packaging Market
The COVID-19 pandemic had an impact on the market, resulting in the sealing of national borders and the temporary closure of industries and marketplaces in 2020, causing a massive supply chain gap. However, demand for packaging items in the pharmaceutical and food and beverage industries increased significantly.
Key Target Audience:
- Food and Beverage Manufacturers
- Pharmaceutical and Healthcare Companies
- Consumer Goods Companies
- Industrial Goods Manufacturers
- Retail and E-commerce Businesses
- Agriculture and Fresh Produce Sector
- Automotive and Spare Parts Industry
- Logistics and Supply Chain Companies
Our in-depth analysis of the Saudi Arabia Packaging Market includes the following segments:
| By Packaging Type: |
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| By Packaging Material: |
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| By End User Industry: |
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Key Topics Covered in the Report:
- Saudi Arabia Packaging Market Size (FY’2024-FY’2033)
- Overview of Saudi Arabia Packaging Market
- Segmentation of Saudi Arabia Packaging Market By Packaging Type (Flexible Packaging, Rigid Packaging)
- Segmentation of Saudi Arabia Packaging Market By Packaging Material (Plastic, Glass, Metal, Other Packaging Materials)
- Segmentation of Saudi Arabia Packaging Market By End-User Industry (Food, Beverages, Healthcare and Pharmaceutical, Retail, Beauty and Personal Care, Other End-User Industries)
- Statistical Snap of Saudi Arabia Packaging Market
- Expansion Analysis of Saudi Arabia Packaging Market
- Problems and Obstacles in Saudi Arabia Packaging Market
- Competitive Landscape in the Saudi Arabia Packaging Market
- Impact of COVID-19 and Demonetization on Saudi Arabia Packaging Market
- Details on Current Investment in Saudi Arabia Packaging Market
- Competitive Analysis of Saudi Arabia Packaging Market
- Prominent Players in the Saudi Arabia Packaging Market
- SWOT Analysis of Saudi Arabia Packaging Market
- Saudi Arabia Packaging Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Saudi Arabia Packaging Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Saudi Arabia Packaging Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Saudi Arabia Packaging Market
7. Saudi Arabia Packaging Market, By Packaging Type (USD Million) 2020-2033
7.1. Saudi Arabia Packaging Market Size, Share and Forecast, By Packaging Type, 2020-20267.2. Saudi Arabia Packaging Market Size, Share and Forecast, By Packaging Type, 2027-20337.3. Flexible Packaging7.4. Rigid Packaging
8. Saudi Arabia Packaging Market, By Packaging Material (USD Million) 2020-2033
8.1. Saudi Arabia Packaging Market Size, Share and Forecast, By Packaging Material, 2020-20268.2. Saudi Arabia Packaging Market Size, Share and Forecast, By Packaging Material, 2027-20338.3. Plastic8.4. Glass8.5. Metal
9. Saudi Arabia Packaging Market, By End User Industry (USD Million) 2020-2033
9.1. Saudi Arabia Packaging Market Size, Share and Forecast, By End User Industry, 2020-20269.2. Saudi Arabia Packaging Market Size, Share and Forecast, By End User Industry, 2027-20339.3. Food9.4. Beverage9.5. Healthcare and Pharmaceutical9.6. Retail9.7. Beauty and Personal Care
10. Saudi Arabia Packaging Market Forecast, 2020-2033 (USD Million)
10.1. Saudi Arabia Packaging Market Size and Market Share
11. Saudi Arabia Packaging Market, By Region, 2020-2033 (USD Million)
11.1. Saudi Arabia Packaging Market Size and Market Share By Region (2020-2026)11.2. Saudi Arabia Packaging Market Size and Market Share By Region (2027-2033)
11.2.1. Riyadh11.2.2. Jeddah11.2.3. Dammam11.2.4. Rest of Saudi Arabia
12. Company Profile
12.1. ASPCO
12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments
12.2. Sapin
12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments
12.3. Napco National
12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments
12.4. PRINTOPACK
12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments
12.5. Al-Shams Printing Packaging & Trading Co
12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments
12.6. Almoayyed International Group
12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments
12.7. PACFORT
12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments
12.8. Amcor PLC (Bemis Co Inc)
12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments
12.9. OTHERS
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Saudi Arabia Packaging Market is projected to reach USD 10.44 billion by 2033, growing at a CAGR of 3.04% during the forecast period.
Saudi Arabia Packaging Market grew in Market size from 2024. The Market is expected to reach USD 10.44 billion by 2033, at a CAGR of 3.04% during the forecast period.
Saudi Arabia Packaging Market CAGR of 3.04% during the forecast period.
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Saudi Arabia Packaging Market size is USD 10.44 billion from 2024 to 2033.
Saudi Arabia Packaging Market is covered By Packaging Type, By Packaging Material, By End-User Industry.
The Middle East is anticipated to have the highest Market share in the Saudi Arabia Packaging Market.
The key players in the Market include Companies Covered ASPCO, Sapin, Napco National, PRINTOPACK, Al-Shams Printing Packaging & Trading Co, Almoayyed International Group, PACFORT, Amcor PLC (Bemis Co Inc).
Packaging is the process of wrapping products in protective materials for travel, storage, distribution, and display purposes. It entails the design, manufacture, and application of containers, materials, and technology to enable the safe and efficient conveyance of goods to end users.
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