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

Saudi Arabia Rigid Plastic Packaging Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Volume (2024) 0.95 Million metric tons
Market Volume (2029) 1.21 Million metric tons
CAGR (2024 - 2029) 5.01 %
Market Concentration Low

Major Players

Saudi Arabia Rigid Plastic Packaging Market Major Players

*Disclaimer: Major Players sorted in no particular order

Saudi Arabia Rigid Plastic Packaging Market Analysis

The Saudi Arabia Rigid Plastic Packaging Market size in terms of production volume is expected to grow from 0.95 Million metric tons in 2024 to 1.21 Million metric tons by 2029, at a CAGR of 5.01% during the forecast period (2024-2029).

  • Major drivers for the market include the rising use of oxo-degradable plastics, heightened demand for rigid plastic packaging across various industries, technological advancements yielding better barrier solutions, and the introduction of active and intelligent packaging in response to consumer demand. In the Middle East, Saudi Arabia is a dominant player in the rigid plastic packaging market. The nation's expansive consumer base and diverse industrial activities (barring oil and gas) drive the surging demand for plastic packaging.
  • New plastic regulations are set to impact a range of products, including plastic cases, containers, and packaging. Under the new directives from the Saudi Arabian organization SASO, all plastic products must utilize approved oxo-biodegradable materials. This mandate is poised to spur investments in innovation, paving the way over the next two years for novel rigid packaging solutions tailored to meet specific regulatory and end-user demands.
  • In response to the escalating demand for rigid packaging, market vendors are fortifying their positions by launching new divisions. For instance, SABIC inaugurated a Caps and Closures division in Riyadh, Saudi Arabia. This division not only addresses challenges in the circular economy but also emphasizes eco-friendly materials and solutions. SABIC has cemented its stature in the Caps and Closures domain, broadening its reach across food, beverage, and non-food industries.
  • In March 2023, Saudi Investment Recycling Company (SIRC), a subsidiary of KSA’s sovereign wealth fund, the Public Investment Fund, secured a 60% stake in Masab Plastic Factory Company. Masab, renowned for exporting PET flakes, serves fiber and bottle manufacturers in regions like Australia, India, Thailand, Turkey, and the United Kingdom. These PET flakes, derived from crushed plastic waste, undergo heating and molding into various shapes, predominantly plastic bottles.

Saudi Arabia Rigid Plastic Packaging Industry Segmentation

The study on the Saudi Arabian 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 of these rigid plastic packaging products.

The Saudi Arabian rigid plastic packaging market is segmented by product (bottles and jars, trays and containers, caps and closures, intermediate bulk containers (IBCs), drums, pallets, and other products), material type (polyethylene (PE (LDPE and LLDPE and HDPE)), polyethylene terephthalate (PET), polypropylene (PP), polystyrene (PS) and expanded polystyrene (EPS), polyvinyl chloride (PVC), and other rigid plastic packaging materials), and end-use industry (food, beverage, healthcare, cosmetics and personal care, industrial, building and construction, automotive, and other end-use industries (household products and logistics)). The market sizes and forecasts are provided in terms of volume (tons) for all the above segments.

By Product
Bottles and Jars
Trays and Containers
Caps and Closures
Intermediate Bulk Containers (IBCs)
Drums
Pallets
Other Products (Blisters and Clamshell Packs, Rigid Plastic Tubes, and Pails, Among Others)
By Material
Polyethylene (PE)
LDPE and LLDPE
HDPE
Polyethylene Terephthalate (PET)
Polypropylene (PP)
Polystyrene (PS) and Expanded Polystyrene (EPS)
Polyvinyl Chloride (PVC)
Other Rigid Plastic Packaging Materials (Bioplastics, Polyamide (PA), Polycarbonate (PC), and Ethylene Vinyl Alcohol (EVOH), Among Others)
By End-use Industry
Food
Beverage
Healthcare
Cosmetics and Personal Care
Industrial (Chemical, Agriculture, and Oil and Lubricants, Among Others)
Building and Construction
Automotive
Other End-use Industries (Household Products and Logistics, Among Others)
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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 Regulations 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 Current Trade Scenario - Import and Export Analysis

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Product

      1. 2.1.1 Bottles and Jars

      2. 2.1.2 Trays and Containers

      3. 2.1.3 Caps and Closures

      4. 2.1.4 Intermediate Bulk Containers (IBCs)

      5. 2.1.5 Drums

      6. 2.1.6 Pallets

      7. 2.1.7 Other Products (Blisters and Clamshell Packs, Rigid Plastic Tubes, and Pails, Among Others)

    2. 2.2 By Material

      1. 2.2.1 Polyethylene (PE)

        1. 2.2.1.1 LDPE and LLDPE

        2. 2.2.1.2 HDPE

      2. 2.2.2 Polyethylene Terephthalate (PET)

      3. 2.2.3 Polypropylene (PP)

      4. 2.2.4 Polystyrene (PS) and Expanded Polystyrene (EPS)

      5. 2.2.5 Polyvinyl Chloride (PVC)

      6. 2.2.6 Other Rigid Plastic Packaging Materials (Bioplastics, Polyamide (PA), Polycarbonate (PC), and Ethylene Vinyl Alcohol (EVOH), Among Others)

    3. 2.3 By End-use Industry

      1. 2.3.1 Food

      2. 2.3.2 Beverage

      3. 2.3.3 Healthcare

      4. 2.3.4 Cosmetics and Personal Care

      5. 2.3.5 Industrial (Chemical, Agriculture, and Oil and Lubricants, Among Others)

      6. 2.3.6 Building and Construction

      7. 2.3.7 Automotive

      8. 2.3.8 Other End-use Industries (Household Products and Logistics, Among Others)

Saudi Arabia Rigid Plastic Packaging Market Size FAQs

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.

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

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