Saudi Arabia Food Packaging Market Research Study 2019 to 2026


Posted November 17, 2019 by nikitamanwar

GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts.
 
Food packaging is widely used for food product preservation and protection purposes by improving shelf-life and taste. It keeps food items from microorganisms, spillage, toxins and moisture. Food packaging is additionally utilized for data transmission, for example, the Food packaging product content, expiry date, cost and source. It likewise goes about as a cutting-edge advertising mechanism for the dealers to pull in an enormous number of customers. Various material such as paper and board, plastic, glass is used for different food packaging for dairy, convenience foods, confectionery, bakery, fresh food, meat, and sauces application. Packaging provides various benefits for the food industry due to its characteristics such as portability, easy opening, visual appeal and convenience.

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Major factors such as growth in packaged food consumption, a paradigm shift towards specialty & processed food, Introduction of advanced packaging materials for food products and increasing consumer awareness are expected to drive the market growth. Also, High Consumption of ready to eat and convenience foods due to the rapidly changing lifestyle of the consumer will increase the demand for the Food Packaging products during the forecast period. The food packaging business sector is expected to grow exponentially over the forecast period due to various manufacturing plants adopting cutting-edge packaging technologies for the food industry with the goal of making up for lost time with most recent patterns in the market. Youth consumers are prefer labeling products due to the growing working population, rising disposable incomes and growth in per capita consumption of packaged food products is further propelling the market growth. However, Price inflation and stringent government regulation may affect restraint market growth during the forecast period

The Saudi Arabia food packaging industry is emerging with the rapid changes in the food preference of the consumer and expansion of retail sectors. A key factor in the nation’s expanding demand for innovative packaging has been the amazing development of Saudi Arabia’s food processing industry just as supported modern and urbanization activities being implemented throughout the Kingdom. In the course of recent years, various food processing facilities have been set up all over Saudi Arabia, whereas more than 600 manufacturing unit is set to be operational in the following couple of years, thus expanding the requirement for a different range of food packaging.

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Various notable players operating in the market, include Saudi Modern Packaging Co. Ltd., Packaging Products Company, Napco National, SAPIN, LAMINA, Al Sharq Flexible Packaging Factory, National Packaging Products, Amcor, Ball Corporation, Graham Packaging Company among others.

Key questions answered in this research report:
1- At what pace is Saudi Arabia Food Packaging market growing? What will be the Saudi Arabia Food Packaging market forecast?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in Saudi Arabia Food Packaging and market size?
4- Saudi Arabia Food Packaging market outlook, application areas and how they are poised to grow?
5- Saudi Arabia Food Packaging market overview, industry analysis and scope of study?

Market Segmentation
By Type
o Rigid Packaging
o Semi-rigid
o Flexible Packaging

By Material
• Paper & Paperboard
• Plastics
• Metal
• Glass
• Others

By Application
• Bakery & confectionary
• Dairy Products
• Fruits & vegetables
• Convenience Foods
• Meat & seafood
• Sauces & dressings
• Others

By Packaging Type
• Bottles
• Cans
• Pouches
• Boxes
• Others

Leading market players
• Saudi Modern Packaging Co. Ltd.
• Packaging Products Company
• Napco National
• SAPIN
• LAMINA
• Al Sharq Flexible Packaging Factory
• National Packaging Products
• Amcor
• Ball Corporation
• Graham Packaging Company

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About GMI Research

GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.

GMI Research leverages its industry expertise and experience to identify the industry trends, big opportunities and potential growth areas across industries. Our Syndicated reports provide actionable insights and covers industry trends, market drivers & restraints, macroeconomics factors, market estimates & forecasts, competitive landscape etc. which helps our clients to strengthen its market position by deploying specific strategies and actions that will lead to higher growth.

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Last Updated November 17, 2019