Saudi Arabia Sustainable Packaging Market Summary, Competitive Analysis and Forecast to 2028
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Sustainable Packaging in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
– Sustainable packaging refers to the use of packaging materials that minimize environmental impact throughout their life cycle. These packaging materials are sourced from renewable resources and are designed to facilitate recyclability or composability.
– The Saudi Arabian sustainable packaging market had total revenues of $4,232 billion in 2023, representing a compound annual growth rate (CAGR) of 2.5% between 2018 and 2023.
– Market consumption volume increased with a CAGR of 1.9% between 2018 and 2023, to reach a total of 6.3 million metric tonnes in 2023.
– Market growth is attributed to the increasing trend of consumers purchasing more things online. An increasing number of consumers in Saudi Arabia are shifting from offline to online purchases. According to GlobalData, the e-commerce market value in Saudi Arabia reached $14,633.77 million in 2022.
Scope
– Save time carrying out entry-level research by identifying the size, growth, and leading players in the sustainable packaging market in Saudi Arabia
– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the sustainable packaging market in Saudi Arabia
– Leading company profiles reveal details of key sustainable packaging market players’ global operations and financial performance
– Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia sustainable packaging market with five year forecasts by both value and volume
Reasons to Buy
– What was the size of the Saudi Arabia sustainable packaging market by value in 2023?
– What will be the size of the Saudi Arabia sustainable packaging market in 2028?
– What factors are affecting the strength of competition in the Saudi Arabia sustainable packaging market?
– How has the market performed over the last five years?
– Who are the top competitors in Saudi Arabia's sustainable packaging market?
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Frequently asked questions
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