Market Share of Saudi Arabia Foodservice Disposable Packaging Industry
The Saudi Arabian food service disposable packaging market is semi-consolidated, with significant players like Napco National Packaging, Hotpack Packaging Industries LLC, SAQR PACK, and Falcon Pack. Market players are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantages. For instance,
- In April 2023, Hotpack Global, a UAE-based manufacturer and supplier of disposable packaging, inked a significant deal with the Saudi Ministry of Industry. The agreement, valued at SAR 1 billion (USD 266 million), marks Hotpack Global's commitment to spearheading a specialized food packaging venture in Saudi Arabia. This project aims to enhance the food packaging industry in the region, leveraging advanced technologies and sustainable practices to meet the growing market demands.
Saudi Arabia Foodservice Disposable Packaging Market Leaders
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Napco National Packaging
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Hotpack Packaging Industries LLC
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SAQR PACK
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Packaging Product Company (PPC)
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Prestige Packing Industry
*Disclaimer: Major Players sorted in no particular order
