Market Share of GCC Rigid Plastic Packaging Industry
The rigid plastic packaging industry is fragmented in GCC, with market incumbents such as Takween, Zamil Plastics, and Packaging Products Company, accompanied by several regional packaging firms. Although the barriers to entry for new players are high, regional packaging companies are witnessing value in foraying, especially in the rigid packaging industry, owing to significant demand from industrial, food, beverage, and other end-user industries.
- November 2023: Spinneys, a prominent fresh food retailer in the United Arab Emirates, partnered with packaging manufacturer Al Bayader International to roll out recycled plastic packaging (rPET) in its outlets. Al Bayader, in collaboration with regional partners, collects and converts plastic waste into post-consumer recycled plastic (rPET), effectively reducing landfill waste.
GCC Rigid Plastic Packaging Market Leaders
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Zamil Plastic Industries Co.
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Takween Advanced Industries (Plastico SPS)
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Packaging Products Company (PPC)
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Al Rashid Boxes and Plastic Co., Ltd.
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Saudi Arabian Packaging Industry WLL (SAPIN)
*Disclaimer: Major Players sorted in no particular order
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