Bioplastics in Saudi Arabia
Summary
Bioplastics in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Bioplastics are a type of plastic material that is derived from renewable sources such as plants, agricultural by-products, and microorganisms. These materials are used as alternatives to traditional plastics, which are made from fossil fuels. Bioplastics are manufactured using biological materials and processes, making them more sustainable and environmentally friendly.
- The Saudi Arabian bioplastics market recorded total revenues of $38.1 million in 2023, representing a compound annual growth rate (CAGR) of 8.8% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 10.2% between 2018 and 2023, reaching 16.2 thousand tonnes in 2023.
- The Saudi Arabian bioplastic market accounted for 34.3% of the Middle East & Africa bioplastic market in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the bioplastics market in Saudi Arabia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bioplastics market in Saudi Arabia
- Leading company profiles reveal details of key bioplastics market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia bioplastics market with five year forecasts
- What was the size of the Saudi Arabia bioplastics market by value in 2023?
- What will be the size of the Saudi Arabia bioplastics market in 2028?
- What factors are affecting the strength of competition in the Saudi Arabia bioplastics market?
- How has the market performed over the last five years?
- What are the main segments that make up Saudi Arabia's bioplastics market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the key strengths of the leading players?
- 7.3. What are the most recent notable developments of the leading players?
- 8 Company Profiles
- 8.1. BASF SE
- 8.2. DuPont de Nemours Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- About GlobalData
- List of Tables
- Table 1: Saudi Arabia bioplastics market value: $ million, 2018-23
- Table 2: Saudi Arabia bioplastics market volume: thousand tonnes, 2018-23
- Table 3: Saudi Arabia bioplastics market category segmentation: % share, by value, 2018-2023
- Table 4: Saudi Arabia bioplastics market category segmentation: $ million, 2018-2023
- Table 5: Saudi Arabia bioplastics market geography segmentation: $ million, 2023
- Table 6: Saudi Arabia bioplastics market value forecast: $ million, 2023-28
- Table 7: Saudi Arabia bioplastics market volume forecast: thousand tonnes, 2023-28
- Table 8: BASF SE: key facts
- Table 9: BASF SE: annual financial ratios
- Table 10: BASF SE: key employees
- Table 11: BASF SE: key employees Continued
- Table 12: DuPont de Nemours Inc: key facts
- Table 13: DuPont de Nemours Inc: annual financial ratios
- Table 14: DuPont de Nemours Inc: key employees
- Table 15: DuPont de Nemours Inc: key employees Continued
- Table 16: Saudi Arabia size of population (million), 2019-23
- Table 17: Saudi Arabia gdp (constant 2005 prices, $ billion), 2019-23
- Table 18: Saudi Arabia gdp (current prices, $ billion), 2019-23
- Table 19: Saudi Arabia inflation, 2019-23
- Table 20: Saudi Arabia consumer price index (absolute), 2019-23
- Table 21: Saudi Arabia exchange rate, 2019-23
- List of Figures
- Figure 1: Saudi Arabia bioplastics market value: $ million, 2018-23
- Figure 2: Saudi Arabia bioplastics market volume: thousand tonnes, 2018-23
- Figure 3: Saudi Arabia bioplastics market category segmentation: $ million, 2018-2023
- Figure 4: Saudi Arabia bioplastics market geography segmentation: % share, by value, 2023
- Figure 5: Saudi Arabia bioplastics market value forecast: $ million, 2023-28
- Figure 6: Saudi Arabia bioplastics market volume forecast: thousand tonnes, 2023-28
- Figure 7: Forces driving competition in the bioplastics market in Saudi Arabia, 2023
- Figure 8: Drivers of buyer power in the bioplastics market in Saudi Arabia, 2023
- Figure 9: Drivers of supplier power in the bioplastics market in Saudi Arabia, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the bioplastics market in Saudi Arabia, 2023
- Figure 11: Factors influencing the threat of substitutes in the bioplastics market in Saudi Arabia, 2023
- Figure 12: Drivers of degree of rivalry in the bioplastics market in Saudi Arabia, 2023
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook