SAUDI ARABIA GREEN PACKAGING MARKET

INTRODUCTION

 Green packaging is the use of reusable, biodegradable, or compostable materials for product wrapping, packing, and shipping. It can also be used to describe manufacturing processes that recycle and reduce pollution. In the developing circular economy, sustainable packaging is equally crucial.

These kinds of products are frequently created from plant-based materials like corn starch. The issue is that certain circumstances are required for them to fail. They will still affect the ecosystem if they do not make it to these particular facilities.

By using eco-friendly packaging, you can lower your carbon footprint, lessen the amount of plastic in the world, increase your revenue streams, and build your brand as a forward-thinking organisation that can actually make a difference in your markets and the wider globe.

Green materials are those that are found in the earth, such as clay, sand, and stone. For the construction of homes, items, and spaces, humans also use grasses, straw, wood, and bamboo. Fast-growing plant materials may often be recycled.

SAUDI ARABIA GREEN PACKAGING MARKET SIZE AND FORECAST

The Saudi Arabia Green Packaging Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

To close the loop on soft plastic food packaging, Saudi Arabia, a leader in the chemical sector, has partnered with Heinz, Tesco, and Berry in a groundbreaking recycling project in the UK. Tesco stores' flexible plastic packaging was utilised to create certified circular polypropylene (PP) for microwaveable Heinz Beanz Snap Pots, which are made of 39% recycled soft plastic.

‘Soft plastic package returns are encouraged at collection locations put up at Tesco stores. Through a thermal anaerobic conversion procedure, a portion of this collected plastic packaging is transformed into recycled oils, known as TACOIL. To create certified circular polypropylene of the same grade as virgin resin, Sabic uses the oil.

Berry Global, a top provider of cutting-edge packaging solutions, uses these polymer pellets to create the new Beanz Snap Pots, which are then sent to Heinz to be filled with Beanz and delivered to Tesco. The pots and sleeves can be returned to kerbside collection stations after being empty.

COMPANY PROFILE

• Saudi Modern Packaging Co Ltd Printopack
• Packaging Products Co.
• Smart Pack Flexible Packaging
• Noor Carton and Packaging Industry Co.
• Food Manufacturing Group Co.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Green Packaging are manufactured per annum in Saudi Arabia? Who are the sub-component suppliers in this region?
2. Cost breakup of a Saudi Arabia Green Packaging and key vendor selection criteria
3. Where is the Green Packaging manufactured? What is the average margin per unit?
4. Market share of Saudi Arabia Green Packaging market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Saudi Arabia Green Packaging in-house
6. key predictions for next 5 years in Saudi Arabia Green Packaging market
7. Average B-2-B Green Packaging market price in all segments
8. Latest trends in Green Packaging market, by every market segment
9. The market size (both volume and value) of the Green Packaging market in 2023-2030 and every year in between?
10. Production breakup of Green Packaging market, by suppliers and their OEM relationship