Market Share of Saudi Arabia Plastic Packaging Films Industry
The Saudi Arabian plastic film packaging market is fragmented due to the establishment of numerous plastic film manufacturers. Players in this market often adopt key strategies such as product launches, collaboration, and partnerships to enhance their market presence and ensure sustainability. These strategies allow them to expand their operational capabilities, access new markets, and strengthen their competitive edge.
- June 2024: The Napco National and Naqaa partnership launched a sustainable alliance for environmental safety. From July 2020 to May 2024, Napco National successfully recycled 2,970 kg (2.97 tons) of mixed recyclable materials. This initiative, spearheaded by three office locations, saw the Jeddah office lead with 2,775 kg, followed by Riyadh at 95 kg and Dammam at 100 kg.
- Furthermore, the collection and recycling of significant quantities of mixed recyclable materials provide a valuable source of recycled plastics that can be used to produce plastic packaging films. This reduces the reliance on virgin raw materials and supports a circular economy.
- April 2024: SABIC, Napco, and FONTE collaborated to announce Saudi Arabia's launch of bread packaging manufactured entirely from post-consumer recycled plastic. FONTE's innovative bread bags feature a composition utilizing 100% mass-balanced certified content sourced from a blend of post-consumer plastics.
Saudi Arabia Plastic Packaging Films Market Leaders
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3P Gulf Group
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Arabian Plastic Industrial Company Limited (APICO)
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Napco National
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Takween Advanced Industries
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Rowad Global Packaging Company Ltd
*Disclaimer: Major Players sorted in no particular order
