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

The Saudi Arabia Rigid Plastic Packaging Market is experiencing significant growth, driven by increased demand from various end-user industries and advancements in technology that enhance packaging solutions. The market's expansion is further supported by regulatory changes requiring the use of approved oxo-biodegradable materials, prompting innovation in packaging solutions. Saudi Arabia's position as a leading market in the Middle East is bolstered by its large consumer base and diverse industrial activities. The rise in e-commerce and the demand for packaged essentials during the COVID-19 pandemic have also contributed to the market's growth trajectory.

Market Size of Saudi Arabia Rigid Plastic Packaging Industry

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Saudi Arabia Rigid Plastic Packaging Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 7.16 Billion
Market Size (2029) USD 9.07 Billion
CAGR (2024 - 2029) 4.84 %
Market Concentration Low

Major Players

Saudi Arabia Rigid Plastic Packaging Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Saudi Arabia Rigid Plastic Packaging Market Analysis

The Saudi Arabia Rigid Plastic Packaging Market size is estimated at USD 7.16 billion in 2024, and is expected to reach USD 9.07 billion by 2029, growing at a CAGR of 4.84% during the forecast period (2024-2029).

The study on the Saudi rigid plastic packaging market tracks demand for significant packaging format types such as bottles and jars, trays and containers, caps and closures, and cups and lids, among other products, along with corresponding end-user industry verticals, demand, and revenue accrued from the sales of these rigid plastic packaging products.

  • Increased usage of oxo-degradable plastics; growing demand for rigid plastic packaging from various end-user industries; advances in technology leading to improved barrier solutions; introduction of active and intelligent packaging owing to increasing consumer demand, etc., are some of the major drivers for the market. Saudi Arabia has emerged as one of the largest markets for the rigid plastic packaging industry in the Middle East. The country has a vast consumer base and a wide range of industrial activities (excluding the oil and gas sector), contributing to the rapidly growing demand for plastic packaging.
  • The new plastic regulation is expected to affect many products, such as plastic cases, plastic containers, and other plastic packaging products. According to the new rules and regulations implemented by the Saudi organization SASO, plastic products must be made of approved oxo-biodegradable materials. This is expected to boost the investment for innovation and result in the introduction of new rigid packaging solutions in the market over the next two years to adhere to the unique regulatory needs and the needs of the end-user clients.
  • With the growing demand for rigid packaging solutions, vendors in the market are strengthening their position by establishing a new division. SABIC launched a caps and closures division in Riyadh, Saudi Arabia, addressing issues in a circular economy by using the latest environmentally friendly materials and solutions in the closures market. It has built a strong position in producing caps and closures and extending its application coverage across food, beverage, and non-food areas.
  • A combination of population growth, industrialization, and economic expansion has increased personal consumption across Saudi Arabia and generated massive amounts of plastic waste. As per the Arab news in January 2022, five Gulf Cooperation Council countries, Bahrain, Saudi Arabia, the UAE, Qatar, and Kuwait, rank in the top 10 worldwide in terms of solid waste per capita generation.
  • During the early spread of COVID-19, the demand for essential packed food and beverage products surged, and companies struggled to fulfill the rapidly changing demand landscape and faced supply chain disruptions. Furthermore, the rapid rise in e-commerce promoted the growth of rigid plastic packaging in food, beverage, and online pharmacy and drug store sales, contributing to the growth outlook.

Saudi Arabia Rigid Plastic Packaging Industry Segmentation

Rigid plastic packaging is a packaging technique that involves using plastic material that can be defined as material that exhibits no elastic deformation and perfect plastic deformation.

The study covers the Saudi Arabia Rigid Plastic Packaging market tracked in terms of revenue generated by product type and material. The products covered are bottles & jars, trays & containers, cups & lids, caps & closures, and other products. The analysis is based on the market insights captured through secondary research and the primaries. The market also covers the major factors impacting the growth of the rigid plastic packaging market in terms of drivers and restraints.

The scope of the study includes material types such as polyethylene, polyethylene terephthalate, polypropylene, and more which are used in a range of end-user industries such as food, beverage, healthcare & pharmaceutical, cosmetics & personal care, and other end-users. Furthermore, the study also includes an assessment of the impact of COVID-19 on the market. The research also examines underlying growth influencers and significant industry vendors, all of which help to support market estimates and growth rates throughout the anticipated period. The market sizes and forecasts are provided in terms of value (USD billion) for all the above segments.

By Material
Polyethylene (PE)
Polyethylene Terephthalate (PET)
Polypropylene (PP)
Polystyrene (PS) and Expanded Polystyrene (EPS)
Polyvinyl Chloride (PVC)
Other Rigid Plastic Materials
By End-user Industry
Food
Beverage
Healthcare and Pharmaceutical
Cosmetics and Personal Care
Other End-user Industries
By Product Type
Bottles and Jars
Trays and Containers
Cups, Tubs, and Pots
Caps and Closures
Other Product Types
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Saudi Arabia Rigid Plastic Packaging Market Size Summary

The Saudi Arabia rigid plastic packaging market is poised for significant growth, driven by increasing demand across various end-user industries such as food, beverages, consumer goods, and pharmaceuticals. The market is characterized by a diverse range of packaging formats, including bottles, jars, trays, containers, caps, closures, and cups. The country's strategic position as a major player in the Middle East's rigid plastic packaging industry is bolstered by its vast consumer base and expanding industrial activities beyond the oil and gas sector. The introduction of new regulations mandating the use of oxo-biodegradable materials is expected to spur innovation and investment in sustainable packaging solutions, aligning with global environmental standards.

The market landscape is highly competitive, with key players like SABIC, Takween, and Zamil Plastics leading the charge in adopting advanced technologies and sustainable practices. The growing penetration of organized retail formats and the rise of e-commerce have further fueled the demand for rigid plastic packaging, particularly in the food and beverage sector. Additionally, the increasing consumption of packaged goods, driven by urbanization and changing consumer habits, is contributing to the market's expansion. The use of materials like polyethylene terephthalate (PET) is gaining traction due to its versatility and recyclability, supporting the shift towards more sustainable packaging options. As Saudi Arabia continues to diversify its economy and enhance its industrial capabilities, the rigid plastic packaging market is expected to witness robust growth, offering lucrative opportunities for both established players and new entrants.

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Saudi Arabia Rigid Plastic Packaging Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Value Chain Analysis

    3. 1.3 Industry Guidelines and Policies

    4. 1.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Intensity of Competitive Rivalry

      5. 1.4.5 Threat of Substitutes

    5. 1.5 Assessment of COVID-19 Impact on the Industry

    6. 1.6 Current Trade Scenario - Import and Export Analysis

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Material

      1. 2.1.1 Polyethylene (PE)

      2. 2.1.2 Polyethylene Terephthalate (PET)

      3. 2.1.3 Polypropylene (PP)

      4. 2.1.4 Polystyrene (PS) and Expanded Polystyrene (EPS)

      5. 2.1.5 Polyvinyl Chloride (PVC)

      6. 2.1.6 Other Rigid Plastic Materials

    2. 2.2 By End-user Industry

      1. 2.2.1 Food

      2. 2.2.2 Beverage

      3. 2.2.3 Healthcare and Pharmaceutical

      4. 2.2.4 Cosmetics and Personal Care

      5. 2.2.5 Other End-user Industries

    3. 2.3 By Product Type

      1. 2.3.1 Bottles and Jars

      2. 2.3.2 Trays and Containers

      3. 2.3.3 Cups, Tubs, and Pots

      4. 2.3.4 Caps and Closures

      5. 2.3.5 Other Product Types

Saudi Arabia Rigid Plastic Packaging Market Size FAQs

The Saudi Arabia Rigid Plastic Packaging Market size is expected to reach USD 7.16 billion in 2024 and grow at a CAGR of 4.84% to reach USD 9.07 billion by 2029.

In 2024, the Saudi Arabia Rigid Plastic Packaging Market size is expected to reach USD 7.16 billion.

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