Saudi Arabia Flexible Packaging Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Saudi Arabian flexible packaging market is expected to register a CAGR of 3.9% over the forecast period. The total daily calorie intake for domestic food in Saudi Arabia is 3,130, according to Foodex Saudi. This results in an annual consumption growth rate for the food industry of 18.5%. Through 2023, consumption rates are expected to increase by 55%.
Key HighlightsThe Saudi Arabian flexible packaging market is moderately fragmented due to numerous local and global vendors in the market. The global market players are finding new ways, such as strategic partnerships and horizontal or vertical integration, to accelerate the development of flexible packaging in Saudi Arabia.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook