How big is the Saudi Arabia Rigid Plastic Packaging Market?

The Saudi Arabia Rigid Plastic Packaging Market size is expected to reach 0.95 million metric tons in 2024 and grow at a CAGR of 5.01% to reach 1.21 million metric tons by 2029. Read More

What is the current Saudi Arabia Rigid Plastic Packaging Market size?

In 2024, the Saudi Arabia Rigid Plastic Packaging Market size is expected to reach 0.95 million metric tons. Read More

Who are the key players in Saudi Arabia Rigid Plastic Packaging Market?

Zamil Plastic Industries Co., Arabian Plastic Industrial Company Limited, Takween Advanced Industries, Obeikan Investment Group and Octal Group are the major companies operating in the Saudi Arabia Rigid Plastic Packaging Market. Read More

What years does this Saudi Arabia Rigid Plastic Packaging Market cover, and what was the market size in 2023?

In 2023, the Saudi Arabia Rigid Plastic Packaging Market size was estimated at 0.90 million metric tons. The report covers the Saudi Arabia Rigid Plastic Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Saudi Arabia Rigid Plastic Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Saudi Arabia Rigid Plastic Packaging Market Share

Statistics for the 2023 & 2024 Saudi Arabia Rigid Plastic Packaging market share, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Rigid Plastic Packaging share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Saudi Arabia Rigid Plastic Packaging Industry

The rigid plastic packaging industry is highly fragmented in Saudi Arabia, with the presence of market incumbents such as Obeikan Investment Group, Zamil Plastic Industries Co., Arabian Plastic Industrial Company Limited, Takween Advanced Industries, and 3P Gulf Group accompanied by several regional Saudi Arabian contract 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 segments.

August 2023: Future Plus, located in Riyadh, Saudi Arabia, is the sister company of Future Plast Industries LLC, a processor based in Abu Dhabi, United Arab Emirates. Future Plast specializes in producing single-piece and two-piece closures, including the 1881 neck finish for carbonated soft drinks (CSDs). Additionally, it manufactures standard 30/25 high neck and 29/25 short neck closures for still water applications. This is achieved using six Sacmi compression molding machines. Given this background, the decision to introduce closures to the portfolio in Saudi Arabia, utilizing the newly acquired system, could be just the initial step. Recently, the Saudi Machine Park welcomed an Engel E-Motion 380 injection molding machine specifically for closures. This machine, ordered in 2023, has since commenced production. It boasts a 72-cavity mold from the Austrian manufacturer Z-Moulds, achieving an impressive cycle time of just 2.8 seconds.
July 2023: MenaBev, a key bottling operator in MENA and a franchisee of PepsiCo in Saudi Arabia, partnered with Sidel, a division of the multinational Tetra Laval, to introduce seven new bottle formats across two PET lines. Sidel collaborated closely with MenaBev, based in Jeddah, to swiftly convert the two Combi PET lines at MenaBev's expansive 300,000 sq. m MEGA Plant. This transformation, completed in just a week, not only enhanced line performance but also introduced a lighter design for the renowned Aquafina brand, emphasizing efficiency and sustainability.