Saudi Arabia Plastic Packaging Films Market Size (2024 - 2029)

The Saudi Arabia plastic packaging films market is poised for growth, driven by the country's leading position in polymer production within the GCC region, which ensures a stable and cost-effective supply of raw materials. The government's commitment to sustainable practices, including recycling and reducing plastic waste, is fostering innovation in eco-friendly packaging solutions. Additionally, changing consumer preferences, particularly in the personal care sector, are increasing the demand for plastic packaging films due to their superior barrier properties. This confluence of factors is shaping the market size and encouraging a shift towards more sustainable packaging options.

Market Size of Saudi Arabia Plastic Packaging Films Industry

Saudi Arabia Plastic Packaging Films Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR (2024 - 2029) 3.27 %
Market Concentration Low

Major Players

Saudi Arabia Plastic Packaging Films Market Major Players

*Disclaimer: Major Players sorted in no particular order

Saudi Arabia Plastic Packaging Films Market Analysis

The Saudi Arabia Plastic Packaging Films Market size is estimated at 1.03 Million tonnes in 2024, and is expected to reach 1.21 Million tonnes by 2029, growing at a CAGR of 3.27% during the forecast period (2024-2029).

  • Saudi Arabia's dominance in polymer production within the GCC (Gulf Cooperation Council) region is a significant factor that will positively impact the country's plastic packaging film market. According to the Gulf Petrochemicals and Chemicals Association, Saudi Arabia is the dominant polymer producer in the region, commanding a substantial 68% share of the region's total output.
    • As the leading polymer producer, Saudi Arabia has direct access to raw materials required for manufacturing plastic packaging films. This reduces import dependency, ensuring a stable and cost-effective supply of polymers.
  • The government of Saudi Arabia is investing in sustainable solutions for collecting, sorting, and recycling plastic waste to implement eco-friendly solutions across the plastic value chain. For instance, in December 2023, the Alliance to End Plastic Waste signed a memorandum of understanding (MoU) with the Saudi Investment Recycling Company (SIRC). The focus on recycling and sustainable practices can drive innovation in the development of recycled plastic films.
  • The changing consumer preferences and the growing number of women purchasing personal care products in GCC countries have boosted the demand for personal care in the Saudi Arabian market.
    • According to a report by Chalhoub Group, a UAE-based luxury goods distributor and retailer, women in Saudi Arabia and Kuwait are engaged users of makeup and fragrances. The growing use of makeup in Saudi Arabia to create a simple look, especially for the eyes, has resulted in growing sales of personal care products in the region.
  • Personal care products often have specific requirements for preservation and protection from external factors like moisture, air, and light. Plastic packaging films provide excellent barrier properties, ensuring product integrity and shelf life. This functional benefit will contribute to the growing demand for these films.
  • The governments in Saudi Arabia are increasingly focusing on mitigating plastic waste, eliminating unnecessary single-use plastic packaging film items through innovations, and redesigning and adopting a reuse delivery model. The confluence of the above facts has resulted in a paradigm shift of plastic packaging film manufacturing brands towards eco-friendly packaging and attention to sourcing materials, including biodegradable plastic and paper packaging.

Saudi Arabia Plastic Packaging Films Industry Segmentation

Plastic film packaging refers to various thin plastic materials that wrap or protect products. These films are commonly used in the food, beverage, pharmaceutical, and other industries. The report tracks the demand for converted packaging films across major resin and application types. This encompasses a range of materials and uses, reflecting the market's varied requirements and the evolving preferences of consumers and businesses.

The Saudi Arabia plastic packaging films market is segmented by type (polypropylene {biaxially oriented polypropylene [BOPP], cast polypropylene [CPP]} and polyethylene {low-density polyethylene [LDPE] and linear low-density polyethylene [LLDPE]}, polyethylene terephthalate {biaxially oriented polyethylene terephthalate [BOPET]}, polystyrene, bio-based, and PVC, EVOH, PETG, and other film types), end-user industry (food {candy and confectionery, frozen foods, fresh produce, dairy products, dry foods, meat, poultry, and seafood, pet food, and other food products [seasonings and spices, spreadable, sauces, condiments, etc.]}, beverage, healthcare, personal care and home care, industrial packaging, other end-user industries). The market sizes and forecasts are provided in terms of volume (tonnes) for all the above segments.

By Type
Polypropylene (Biaxially Oriented Polypropylene (BOPP), Cast polypropylene (CPP))
Polyethylene (Low-Density Polyethylene (LDPE), Linear low-density polyethylene (LLDPE))
Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET))
Polystyrene
Bio-Based
PVC, EVOH, PETG, and Other Film Types
By End-user Industry
Food
Candy and Confectionery
Frozen Foods
Fresh Produce
Dairy Products
Dry Foods
Meat, Poultry, and Seafood
Pet Food
Other Food Products (Seasonings and Spices, Spreadables, Sauces, Condiments, etc.)
Healthcare
Personal Care and Home Care
Industrial Packaging
Other End-user Industries (Agricultural, Chemical, etc.)
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Saudi Arabia Plastic Packaging Films Market Size Summary

The Saudi Arabian plastic packaging films market is poised for growth, driven by the country's leading position in polymer production within the Gulf Cooperation Council (GCC) region. This dominance ensures a steady and cost-effective supply of raw materials, reducing reliance on imports. The government's focus on sustainable practices, such as recycling and eco-friendly solutions, is expected to foster innovation in the development of recycled plastic films. The increasing demand for personal care products, particularly among women, further propels the need for plastic packaging films, which offer excellent barrier properties to preserve product integrity. Additionally, the rise in food outlets and takeaway services necessitates the use of polyethylene packaging films to maintain food quality during transportation.

The market is characterized by a fragmented landscape with numerous manufacturers adopting strategies like product launches and collaborations to enhance their presence and sustainability. Significant investments in healthcare and the push for self-sufficiency in pharmaceuticals are driving demand for advanced medical packaging films. Initiatives like SABIC's circular packaging and Napco National's recycling efforts underscore the shift towards a circular economy. The establishment of partnerships and acquisitions, such as Napco National's acquisition of Alsharq Plas LLC, highlights the industry's commitment to meeting evolving customer demands and expanding operational capabilities. These developments collectively contribute to the anticipated growth of the plastic packaging films market in Saudi Arabia.

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Saudi Arabia Plastic Packaging Films Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.2.1 Bargaining Power of Suppliers

      2. 1.2.2 Bargaining Power of Buyers

      3. 1.2.3 Threat of New Entrants

      4. 1.2.4 Threat of Substitutes

      5. 1.2.5 Intensity of Competitive Rivalry

    3. 1.3 Industry Value Chain Analysis

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Polypropylene (Biaxially Oriented Polypropylene (BOPP), Cast polypropylene (CPP))

      2. 2.1.2 Polyethylene (Low-Density Polyethylene (LDPE), Linear low-density polyethylene (LLDPE))

      3. 2.1.3 Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET))

      4. 2.1.4 Polystyrene

      5. 2.1.5 Bio-Based

      6. 2.1.6 PVC, EVOH, PETG, and Other Film Types

    2. 2.2 By End-user Industry

      1. 2.2.1 Food

        1. 2.2.1.1 Candy and Confectionery

        2. 2.2.1.2 Frozen Foods

        3. 2.2.1.3 Fresh Produce

        4. 2.2.1.4 Dairy Products

        5. 2.2.1.5 Dry Foods

        6. 2.2.1.6 Meat, Poultry, and Seafood

        7. 2.2.1.7 Pet Food

        8. 2.2.1.8 Other Food Products (Seasonings and Spices, Spreadables, Sauces, Condiments, etc.)

      2. 2.2.2 Healthcare

      3. 2.2.3 Personal Care and Home Care

      4. 2.2.4 Industrial Packaging

      5. 2.2.5 Other End-user Industries (Agricultural, Chemical, etc.)

Saudi Arabia Plastic Packaging Films Market Size FAQs

The Saudi Arabia Plastic Packaging Films Market size is expected to reach 1.03 million tonnes in 2024 and grow at a CAGR of 3.27% to reach 1.21 million tonnes by 2029.

In 2024, the Saudi Arabia Plastic Packaging Films Market size is expected to reach 1.03 million tonnes.

Saudi Arabia Plastic Packaging Films Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)