Saudi Arabia Rigid Plastic Packaging Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Saudi Arabian rigid plastic packaging market is expected to grow at a Compound Annual Growth Rate (CAGR) of 5.21% over the forecast period. The study on the Saudi 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, demand, and revenue accrued from the sales of these rigid plastic packaging products.
Key HighlightsThe rigid plastic packaging industry is highly fragmented in Saudi Arabia, with market incumbents such as SABIC, Takween, Zamil Plastics, and Saudi Plastic Factory Company, 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 industries.
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