Saudi Arabia Foodservice Disposable Packaging Market Size (2024 - 2029)

Saudi Arabia Foodservice Disposable Packaging Market Analysis

The Saudi Arabia Foodservice Disposable Packaging Market size is estimated at USD 1.55 billion in 2024, and is expected to reach USD 2.01 billion by 2029, at a CAGR of 5.37% during the forecast period (2024-2029).

• Driven by the rising consumption of ready-to-eat foods, the food service disposable sector in the country has experienced notable growth and is poised for further expansion. As urbanization progresses, consumers are increasingly leaning towards takeout and catering services, intensifying the demand for single-use packaging solutions.
• In June 2024, the World Bank highlighted the country's notable urbanization growth. In 2023, with 84.95% of the population residing in urban areas, there was a surge in demand for packaged foods and the rise of quick-service restaurants, bolstering the market's growth prospects.
• To capture consumer attention and drive market growth, the food service disposable packaging industry is broadening its horizons by introducing innovative products. Furthermore, the surging demand for home deliveries and the popularity of outdoor dining are propelling the market's expansion.
• As modern life accelerates, consumers increasingly favor meals that are both quick to eat and easy to transport. With a heightened emphasis on convenience and food quality, manufacturers face mounting pressure to roll out safe and innovative products. Trends like convenience packaging, shifting lifestyles, and the growth of smaller households are amplifying the demand for single-serve options.
• At the heart of Vision 2030, as the nation strides towards a Net Zero future by 2060, lies a commitment to sustainability. Leading the charge in clean energy and sustainable practices, Saudi Arabia's plastic recycling initiatives align with the circular goals outlined in its Vision 2030 strategy. This ambitious plan targets a complete diversion of municipal solid waste, 60% of construction waste, and 85% of industrial waste from landfills, paving the way for both public and private entities to establish recycling ventures across the nation.
• Having undergone substantial economic growth and urbanization since oil was discovered nearly ninety years ago, Saudi Arabia is now pivoting towards a circular economy in response to the changing packaging landscape. This strategy underscores the importance of waste minimization, resource efficiency, and an unwavering dedication to sustainability.
• Effective April 1, 2024, Saudi Arabia broadened its customs duty waivers for industrial goods. On March 8, 2024, the Ministry of Industry and Mineral Resources announced the inclusion of packaging materials in these expanded customs duty exemptions. This move facilitates the import of packaging products and resins at reduced prices, thereby bolstering the growth of the disposable packaging market.

Saudi Arabia Foodservice Disposable Packaging Industry Segmentation

The study considers revenues accrued from the sales of foodservice packaging products offered by various vendors operating in the market based on application, such as quick-service restaurants, full-service restaurants, coffee and snack outlets, retail establishments, institutional and hospitality, and other applications considered in the scope of the study. Consumption value (USD million) of foodservice packaging products, such as cups, tubs and containers, trays, clamshells, bags and wraps, and cartons, are considered for the market size and forecasts.​ The report tracks the key market parameters, the underlying growth influencers, and the major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period.

The Saudi Arabia foodservice disposable packaging marked it segmented by material (plastic resins [PP, PET, PE, PS, other plastic resins], paper and paperboard, aluminum foil, other materials]), by product (cups, tubs and containers, bowls, trays, clamshell, other products [bags, wraps, plates, cartons, etc.]), by application (quick service restaurants, full-service restaurants, coffee and snack outlets, retail establishments, institutional and hospitality, other applications [mobile restaurants, food service vehicles, drive-ins, among others]). The report offers market forecasts and size in value (USD) for all the above segments.