How big is the GCC Plastic Packaging Market?

The GCC Plastic Packaging Market size is expected to reach USD 1.89 billion in 2024 and grow at a CAGR of 4.54% to reach USD 2.36 billion by 2029. Read More

What is the current GCC Plastic Packaging Market size?

In 2024, the GCC Plastic Packaging Market size is expected to reach USD 1.89 billion. Read More

What years does this GCC Plastic Packaging Market cover, and what was the market size in 2023?

In 2023, the GCC Plastic Packaging Market size was estimated at USD 1.80 billion. The report covers the GCC Plastic Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the GCC Plastic Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

GCC Plastic Packaging Market Size & Share Analysis - Industry Research Report

GCC Plastic Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The GCC Plastic Packaging Market Report is Segmented by Flexible Plastic Packaging (Resin Type (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS) and Expanded Polystyrene (EPS), Polyvinyl Chloride (PVC), and Other Resin Types), Product Type (Pouches, Bag, Films and Wraps, and Other Product Types), End-Use Industries (Beverages, Pharmaceuticals and Healthcare, Personal Care and Cosmetics, Household Care, and Other End-Use Industries), Country (Saudi Arabia, United Arab Emirates, and Rest of GCC)), and by Rigid Plastic Packaging (Resin Type (Polypropylene (PP), Polyethylene Terephthalate (PET), Polyethylene (PE), Polystyrene (PS) and Expanded Polystyrene (EPS), and Other Resin Types), Product Type (Bottles and Jars, Trays and Containers, Caps and Closures, and Other Product Type), End-Use Industry (Food, Foodservice, Beverages, Pharmaceuticals and Healthcare, Personal Care and Cosmetics, Household Care, and Other End-Use Industries], and Country (Saudi Arabia, United Arab Emirates, and the Rest of GCC)). The Report Offers Market Forecasts and Size in Volume (Tons) and Value (USD) for all the Above Segments.

GCC Plastic Packaging Industry Overview

The GCC plastic packaging market is fragmented with the presence of major players like Zamil Plastics Industries Inc., Napco National, Saudi Plastic Factory Company, 3P Gulf Group, and Arabian Plastic Industrial Company Limited (APICO). Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

• May 2024 - Napco National announced the expansion of its packaging division with the strategic acquisition of Alsharq Plas LLC, a UAE-based brand that will be rebranded as Napco Sharq Plas LLC. The strategic acquisition will likely help both companies to provide high-quality solutions to the evolving customer requirements in the GCC region. In addition, the acquisition will likely expand the company’s market share in the region.

• May 2024 - Huhtamaki, a player in the Flexible Packaging sector, streamlined its operations in the United Arab Emirates. The company plans to centralize its manufacturing, opting to retain its Jebel Ali factory while significantly expanding its Ras Al Khaimah facility. This strategic move is set to progressively throughout the second half of 2024.