Saudi Arabia Pet Bottle Market Forecast 2030: Key Players & Emerging Trends
Saudi Arabia Pet Bottle Market Size & Insights
As per recent study by MarkNtel Advisors The Saudi Arabia Pet Bottle Market size was valued at around USD 195 Million in 2024 and is projected to reach USD 254 Million by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.5% during the forecast period, i.e., 2025-30.
What are the Key DROs in the Saudi Arabia Pet Bottle Market?
Surge in Demand for Single-Serve Beverages – The growth in single-serve drinks is one of the key drivers influencing the growth of the PET bottle market in the Saudi Arabian region. The customers are busier now and prefer convenience food. Consequently, it has increased the consumption of single-serve beverages like convenience beverages, bottled soft drinks, juices, and others. While engaging in other activities, it becomes easy for individuals to gulp from the bottled drinks, thereby giving rise to the growing mentioned preference. The Saudi single-serve food and beverage market is on the rise, and bottled water is among the most requested products. It's reported that bottled water consumption is on the rise in the country, rising continuously with the beginning of hot weather and the increasing population. The government, on its part, has been encouraging recycling and environmentally friendly packing.
The Saudi National Waste Management Center has promoted the recycling of PET with the idea of reducing plastic waste, aligned with those of greater global interest in sustainability. The development of the market for PET bottles and these activities have been spurred on by increasing single-serve drink consumption.
What are the Key Segments in the Saudi Arabia Pet Bottle Market?
The Saudi Arabia Pet Bottle is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
- By Type
- Virgin-Market Size & Forecast 2020-2030, (USD Million)
- Recycled- Market Size & Forecast 2020-2030, (USD Million)
- By Capacity
- High- Market Size & Forecast 2020-2030, (USD Million)
- Medium- Market Size & Forecast 2020-2030, (USD Million)
- Low-Market Size & Forecast 2020-2030, (USD Million)
- By Color
- Transparent- Market Size & Forecast 2020-2030, (USD Million)
- Colored-Market Size & Forecast 2020-2030, (USD Million)
- By Process
- Stretch Blow Molding- Market Size & Forecast 2020-2030, (USD Million)
- Injection Molding - Market Size & Forecast 2020-2030, (USD Million)
- Extrusion Blow Molding - Market Size & Forecast 2020-2030, (USD Million)
- Other-Market Size & Forecast 2020-2030, (USD Million)
- By Application
- Food & Beverages- Market Size & Forecast 2020-2030, (USD Million)
- Household Products- Market Size & Forecast 2020-2030, (USD Million)
- Personal Care & Cosmetics- Market Size & Forecast 2020-2030, (USD Million)
- Pharmaceuticals-Market Size & Forecast 2020-2030, (USD Million)
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By Region
- West
- East
- South
- North
- Central
Who are the Key Players in Saudi Arabia Pet Bottle Market?
Alpla Group, National Plastic Factory, 3P Gulf Plastic Packaging Factory, Arabian Plastic Industrial Co. (APICO), Saudi Plastic Packaging Systems, Waste Collection & Recycling Co. Ltd. (WASCO), Saudi Investment Recycling Company (SIRC), Recycling Industries, SPPS- Saudi Plastic Packaging Systems, Techno Plast Factory (Plastic Recycling), Tamam Plastic Factory Co. Ltd., and Others
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Saudi Arabia Pet Bottle Market News
· May 2024: Arabian Plastic Industrial Co. (APICO), a company based in Saudi Arabia, officially opened a new manufacturing facility in Al-Kharj Industrial City. This development underscored APICO's commitment to meeting the increasing demand for plastic packaging solutions in the central and eastern areas.
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· Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.
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- Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.
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Why This MarkNtel Advisors Research Report:
- In-depth Market Analysis: Understand trends and dynamics shaping growth.
- Segmented Insights: Target specific segments for focused strategies.
- Geographical Performance: Assess market opportunities by geographic area.
- Emerging Technologies: Discover advancements like AI integration.
- Risk Identification: Pinpoint challenges to inform strategic planning.
- Future Forecasts: Prepare for market changes with actionable projections.
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