| Product Code: ETC035399 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia plastics products market is estimated to register a CAGR of 5.4% during the forecast period 2025-2031. The increasing demand for consumer goods and rising per capita income are expected to drive the growth of the plastic products market in Saudi Arabia. In addition, technological advancements in packaging solutions using plastics play an important role in driving the growth of this industry. Furthermore, lack of awareness regarding bioplastics and their benefits is one of the major factors restraining its growth over the forecast period.
The increasing disposable incomes and rapid population expansion rate; there has been an increased demand for consumer goods such as electronics, home appliances etc., which require safe passage from manufacturers to retailers through efficient packaging materials like plastic bags and containers amongst many others that will fuel up further need for plastic products in Saudi Arabia market over coming years. Recent advancement in technology has enabled mass production & manufacturing processes with high efficiency levels by using various kinds of plastic materials used widely across various industries such as automotive, health care , food processing etc. This helped boost product innovation along with cost reduction leading to higher demand & acceptance among customers thus escalating sales volume resulting into higher profits & revenues generated by industry players operating within this sector allured investors attention towards it.
The recycling process involves huge cost implications which makes it difficult for small scale business owners especially who mainly focuses on budgetary constraints making them reluctant from opting out usage or disposal methods involving recyclable plastics thereby affecting negatively on overall sustainability initiatives taken up by government authorities within this sector. Bioplastic offers several advantages compared to traditional petrochemical based polymers however due low level understanding among public about its characteristics most people prefer conventional options instead hence hindering its adoption across different end user sectors impacting adversely upon overall environment friendly objectives set down by governments agencies both at local & regional levels globally.
The COVID-19 pandemic has significantly affected Saudi Arabia plastics product industry. The disruption in production due to lockdowns imposed by government authorities has led to a decrease in demand for plastic materials from various end user industries like automotive and construction. This has had an adverse impact on sales revenue generated by manufacturers operating in this sector. Therefore, it can be concluded that the Covid - 19 crisis would have a negative impact on Saudi Arabia Plastics Products Market during 2025-2031.
Key Players: Some key players operating in Saudi Arabia plastics products market are SABIC, Al Jubail Petrochemical Co., PolyMirae Co Ltd., Radhey Polymers Industries Pvt Ltd., National Petrochemical Company (PETRONAS), ALMOAYYED INTERNATIONAL GROUP BSC(c), KEMYA PETROCHEMICAL CORPORATION SAOG etc.
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 Plastics Products Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Plastics Products Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Plastics Products Market - Industry Life Cycle |
3.4 Saudi Arabia Plastics Products Market - Porter's Five Forces |
3.5 Saudi Arabia Plastics Products Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Saudi Arabia Plastics Products Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Saudi Arabia Plastics Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for plastic products in various industries such as packaging, construction, automotive, and healthcare. |
4.2.2 Technological advancements leading to the development of innovative plastic products with enhanced properties. |
4.2.3 Government initiatives promoting the use of plastics for sustainable practices and economic growth. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of plastics. |
4.3.2 Environmental concerns and regulations regarding plastic waste disposal and pollution. |
4.3.3 Competition from alternative materials like biodegradable plastics and substitutes. |
5 Saudi Arabia Plastics Products Market Trends |
6 Saudi Arabia Plastics Products Market, By Types |
6.1 Saudi Arabia Plastics Products Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Plastics Products Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Saudi Arabia Plastics Products Market Revenues & Volume, By Plastics Packaging Materials And Unlaminated Film And Sheet, 2021-2031F |
6.1.4 Saudi Arabia Plastics Products Market Revenues & Volume, By Plastic Pipes And Shapes, 2021-2031F |
6.1.5 Saudi Arabia Plastics Products Market Revenues & Volume, By Laminated Plastics Plate, Sheet, And Shape, 2021-2031F |
6.1.6 Saudi Arabia Plastics Products Market Revenues & Volume, By Plastics Bottle, 2021-2031F |
6.1.7 Saudi Arabia Plastics Products Market Revenues & Volume, By Urethane And Other Foam Product, 2021-2031F |
6.1.8 Saudi Arabia Plastics Products Market Revenues & Volume, By Polystyrene Foam Product, 2021-2031F |
6.2 Saudi Arabia Plastics Products Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Plastics Products Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.3 Saudi Arabia Plastics Products Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.4 Saudi Arabia Plastics Products Market Revenues & Volume, By Medical, 2021-2031F |
6.2.5 Saudi Arabia Plastics Products Market Revenues & Volume, By Construction, 2021-2031F |
6.2.6 Saudi Arabia Plastics Products Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Plastics Products Market Import-Export Trade Statistics |
7.1 Saudi Arabia Plastics Products Market Export to Major Countries |
7.2 Saudi Arabia Plastics Products Market Imports from Major Countries |
8 Saudi Arabia Plastics Products Market Key Performance Indicators |
8.1 Recycling rate of plastics in Saudi Arabia. |
8.2 Adoption rate of eco-friendly plastic manufacturing processes. |
8.3 Research and development investment in sustainable plastic technologies. |
8.4 Number of patents filed for new plastic products. |
8.5 Consumer awareness and acceptance of recycled plastic products. |
9 Saudi Arabia Plastics Products Market - Opportunity Assessment |
9.1 Saudi Arabia Plastics Products Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Saudi Arabia Plastics Products Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Saudi Arabia Plastics Products Market - Competitive Landscape |
10.1 Saudi Arabia Plastics Products Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Plastics Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |