Product Code: ETC006899 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Chemical Packaging Market is expected to grow at a CAGR of 4.3% during the forecast period (2025-2031). The growth in the chemical industry, the rise in demand for convenience packaging and stringent regulations to reduce environmental impact are some of the major factors driving market growth. Moreover, the surge in demand for flexible packaging materials owing to their low cost and eco-friendly nature is projected to create lucrative opportunities for market players over the forecast period.
The chemical industry plays an important role in several end-user industries such as food & beverage, pharmaceuticals, personal care products and others. Growing demand from these industries is estimated to drive the overall chemical packaging market growth over the forecast period.??Global Chemicals Strategic Business Report??, global chemicals market size was valued at US$ 5 trillion in 2018 and it is expected reach US$ 6 trillion by 2025 with a CAGR of 3%. This increasing production capacity will further boost product sales through various distribution channels across Saudi Arabia thereby supporting market expansion. Consumers?? preference towards convenient packaging solutions which are easy-to-open or resealable has increased significantly due its benefits such as lightweight design that requires less space for storage. Additionally, rising adoption of ecommerce platforms coupled with growing popularity of ready meal kits among consumers has influenced manufacturers operating in this region focus on more reliable packages which can handle transportation without disturbing contents inside them thus boosting product sales over coming years . This factor will further support growth prospects of this regional markets till 2031.
Stringent regulatory framework related to sustainability issues including waste management imposed on production activities by government authorities may act as restraining factor hampering overall revenue generated from this region till 2031. Additionally , high costs incurred while sourcing raw material used fore making these containers along with labor shortages also pose a challenge before existing manufacturer operating here which hampers overall productivity level resulting into lower profits margins.
COVID-19 pandemic has significantly affected various sectors across Saudi Arabia economy and chemical industry was also impacted by this outbreak due to supply chain disruptions and slowdown in manufacturing activities especially chemicals related goods including agricultural inputs like fertilizers etc. However, post pandemic recovery is expected to drive strong gains over 2025??2031 on account of steady economic expansion supported by recovering oil prices, increased investment plans for infrastructure development projects along with government initiatives towards promoting economic diversification away from hydrocarbon sector.
The key players operating in Saudi Arabis Chemical Packaging Market are Bemis Company Inc., Amcor PLC., Mondi Group Plc., Sealed Air Corporation., Smurfit Kappa Group Plc., Constantia Flexibles GmbH & Co KG , DS Smith Plc., Uflex Ltd , Sonoco Products Company , Huhtamaki Oyj.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Chemical Packaging Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Chemical Packaging Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Chemical Packaging Market - Industry Life Cycle |
3.4 Saudi Arabia Chemical Packaging Market - Porter's Five Forces |
3.5 Saudi Arabia Chemical Packaging Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Saudi Arabia Chemical Packaging Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Saudi Arabia Chemical Packaging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Chemical Packaging Market Trends |
6 Saudi Arabia Chemical Packaging Market, By Types |
6.1 Saudi Arabia Chemical Packaging Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Chemical Packaging Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3 Saudi Arabia Chemical Packaging Market Revenues & Volume, By Sacks, 2021-2031F |
6.1.4 Saudi Arabia Chemical Packaging Market Revenues & Volume, By Drums, 2021-2031F |
6.1.5 Saudi Arabia Chemical Packaging Market Revenues & Volume, By FIBC, 2021-2031F |
6.1.6 Saudi Arabia Chemical Packaging Market Revenues & Volume, By Other, 2021-2031F |
6.2 Saudi Arabia Chemical Packaging Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Chemical Packaging Market Revenues & Volume, By Pharmaceutical Factory , 2021-2031F |
6.2.3 Saudi Arabia Chemical Packaging Market Revenues & Volume, By Laboratory, 2021-2031F |
6.2.4 Saudi Arabia Chemical Packaging Market Revenues & Volume, By Chemical Plant , 2021-2031F |
6.2.5 Saudi Arabia Chemical Packaging Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Chemical Packaging Market Import-Export Trade Statistics |
7.1 Saudi Arabia Chemical Packaging Market Export to Major Countries |
7.2 Saudi Arabia Chemical Packaging Market Imports from Major Countries |
8 Saudi Arabia Chemical Packaging Market Key Performance Indicators |
9 Saudi Arabia Chemical Packaging Market - Opportunity Assessment |
9.1 Saudi Arabia Chemical Packaging Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Saudi Arabia Chemical Packaging Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Saudi Arabia Chemical Packaging Market - Competitive Landscape |
10.1 Saudi Arabia Chemical Packaging Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Chemical Packaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |