Saudi Arabia is one of the largest markets for the packaging industry in the Middle Eastern region. The country has a huge consumer base and wide range of industrial activities (apart from the oil and gas sector), adding to the rapid growth in the demand for plastic packaging from the country, every year. The low crude oil price situation in the global market realized the need for a stronger non-oil sector. To strengthen the country’s non-oil sector, Saudi Arabia has been implementing several initiatives and regulatory reforms, such as National Industrial Development and Logistics Program (NIDLP), Vision 2030, etc., that may increase the industrial production in the region. This is creating considerable demand for packaging products from the region’s non-oil sector. According to the recent data from the Saudi Industrial Fund (SIDF), a significant shift in the development of the industrial sector is indicated by the massive change in the country’s sectoral composition. The SDIF suggests that share of manufacturing industries (other than oil refining) in the manufacturing GDP increased from 32% in 1974 (at constant prices), to 70% at the end of 2018.

1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

5. MARKET DYNAMICS

6. MARKET SEGMENTATION - BY PACKAGING TYPE

7. MARKET SEGMENTATION – BY PRODUCT

8. COMPETITIVE INTELLIGENCE

9. INVESTMENT ANALYSIS 10. FUTURE OF THE MARKET