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Packaging Industry in Saudi Arabia Market Size (2024 - 2029)

The packaging market size in Saudi Arabia is experiencing moderate growth, driven by factors such as changing demographics, urbanization, and evolving consumer patterns and habits. The demand for packaging materials, particularly plastics, is influenced by the need for lightweight and durable solutions. The industry's expansion is supported by the availability of raw materials and the country's efforts to diversify its economy beyond oil and gas revenues.

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Market Size of Packaging Industry in Saudi Arabia

Saudi Arabian Packaging Industry Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 2.20 %
Market Concentration Low

Major Players

Saudi Arabian Packaging Industry Major Players

*Disclaimer: Major Players sorted in no particular order

Saudi Arabian Packaging Market Analysis

The packaging industry in Saudi Arabia (also referred to as 'the Saudi Arabia packaging market') is expected to register a CAGR of 2.2% over the forecast period, 2021 - 2026. Packaging, especially plastic, has changed the ways in which the packaging industry functioned. Packaging solutions that are lightweight, durable, and comfortable to the users are some of the factors which have increased the use of plastics as a packaging material across the world.

  • The moderately growing packaging market is primarily influenced by changing demographics and urbanization. It is also influenced by changing consumer patterns and habits. The changes related to income patterns and the respective disposable income have influenced the demand of the packaging material for the different industries.
  • With the urbanization and growth of industries in Saudi Arabia, the packaging industry has gained a significant boost in its demand levels. Presence of raw material has also been a critical demand influencer. With major revenue generated from the oil and gas sector, Saudi Arabia is planning to develop other industries to limit the dependency in oil and gas revenues and diversify its economy.

Saudi Arabian Packaging Industry Segmentation

Paper is widely used in the packaging industry, because it is low in cost, holds its shape, and can be easily decorated. Paper and board are usually measured by weight or caliper. The commercially available glass is made from silica, sodium carbonate, and calcium carbonate. The metals used in the packaging industry are predominantly tin-plated or aluminum and are used to make food and drink cans, aerosol cans, tubes, drums and slip or hinged lid DrumsDrumsboxes for gift sets, and selections of confectionery or biscuits boxes. All these packs are recyclable.

By Packaging Type
Flexible Packaging
Rigid Packaging
By Packaging Material
Plastic
Glass
Metal
Other Packaging Materials
By End-user Industry
Food
Beverage
Healthcare and Pharmaceutical
Retail
Beauty and Personal Care
Other End-user Industries
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Packaging Industry in Saudi Arabia Size Summary

The packaging industry in Saudi Arabia is experiencing moderate growth, driven by urbanization, changing demographics, and evolving consumer patterns. The demand for packaging materials is influenced by shifts in income patterns and disposable income levels. As industries expand and urban areas grow, the need for packaging solutions has increased. The availability of raw materials further supports this demand. The government's efforts to diversify the economy away from oil and gas revenues have led to a focus on developing other sectors, which in turn boosts the packaging industry. Plastic packaging remains prevalent across various industries, including healthcare, due to its durability and long shelf-life. However, environmental concerns have prompted a shift towards paper and paperboard alternatives, which are seen as more sustainable options.

Government initiatives aimed at reducing plastic usage have encouraged the adoption of recyclable materials like paper and paperboard in packaging. This shift is supported by the existing use of these materials in the food and beverage sector, facilitating consumer acceptance. The government's economic diversification policies and foreign investment incentives have positively impacted the market, with the retail sector expected to see significant growth. The packaging industry is characterized by a fragmented market with numerous regional and international players, leading to competitive pricing and strategic advantages. Recent regulatory changes and corporate mergers, such as the Amcor and Bemis combination, highlight ongoing developments in the industry, with companies exploring new packaging solutions and market expansions.

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Packaging Industry in Saudi Arabia Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Introduction to Market Drivers and Restraints

    3. 1.3 Market Drivers

      1. 1.3.1 Urbanization in the Country

      2. 1.3.2 Increased Foreign Direct Investments

    4. 1.4 Market Restraints

      1. 1.4.1 Reforms to Control the Use of Plastic Packaging

    5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Industry Value Chain Analysis

    7. 1.7 Technology Snapshot

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Packaging Type

      1. 2.1.1 Flexible Packaging

      2. 2.1.2 Rigid Packaging

    2. 2.2 By Packaging Material

      1. 2.2.1 Plastic

      2. 2.2.2 Glass

      3. 2.2.3 Metal

      4. 2.2.4 Other Packaging Materials

    3. 2.3 By End-user Industry

      1. 2.3.1 Food

      2. 2.3.2 Beverage

      3. 2.3.3 Healthcare and Pharmaceutical

      4. 2.3.4 Retail

      5. 2.3.5 Beauty and Personal Care

      6. 2.3.6 Other End-user Industries

Packaging Industry in Saudi Arabia Market Size FAQs

The Saudi Arabia Packaging Market is projected to register a CAGR of 2.20% during the forecast period (2024-2029)

ASPCO, Sapin, Napco National, PRINTOPACK and Al-Shams Printing Packaging & Trading Co. are the major companies operating in the Saudi Arabia Packaging Market.

Packaging Market in Saudi Arabia Report Snapshots

Saudi Arabian Packaging Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)