SAUDI ARABIA PAPER BASED PACKAGING MARKET

INTRODUCTION

 The cost of plastic packing is by far its greatest benefit. Plastic is a material that is often used for packaging because it can be made fast and inexpensively. Plastic packaging also has the advantages of being strong and lightweight, which makes it perfect for carrying items securely.'

More people are becoming aware of how harmful plastic packaging is to the environment. Single-use plastic packaging causes a great deal of pollution since it takes thousands of years for plastic to biodegrade. Despite having recycling capabilities, even plastic packaging that makes the claim to be recyclable frequently ends up in landfills.

When plastic does break down, tiny molecules of plastic produce poisons that can contaminate the soil and make nearby areas unusable. Additionally, these compounds have the potential to enter streams and harm fragile ecosystems.

The process of making plastic is equally harmful to the environment. The majority of plastic is produced as inexpensively as possible in facilities located in underdeveloped nations with lax environmental regulations.

These facilities emit large volumes of carbon dioxide into the atmosphere, and many also dump hazardous waste and byproducts of manufacturing into nearby bodies of water.

Air bags, for example, convey shock rather than absorbing it within the package, which is another drawback of plastic packaging. Along with being forced to the bottom of a package during transportation, where it would then explode on impact, rendering it unusable. Using bubble wrap has a similar effect; the bubbles burst and subsequently offer little to no protection for the product inside.

SAUDI ARABIA PAPER BASED PACKAGING MARKET SIZE AND FORECAST

The Saudi Arabia Paper based 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.

MARKET DYNAMICS

The Saudi Arabia Paper based packaging market is expected to grow as a result of an increased focus on sustainability and a growing preference for other packaging alternatives over single-use plastic packaging.

As a result, it is anticipated that Saudi Arabia will promote paper and paperboardFurthermore, Saudi Arabia is one of the biggest markets in the Middle Eastern region for the packaging sector.

Aside from the oil and gas industry, the nation has a sizable consumer base and a broad range of industrial pursuits, which contribute to the country's quick increase in paper and paperboard packaging demand. However, industries' increasing reliance on foreign nations for raw resources and their shifting pricing is anticipated to hinder.

COMPANY PROFILE

• United Carton Industries Company (UCIC)
• Obeikan Investment Group
• Napco National
• Gulf Carton Factory Company
• Gulf East Paper & Plastic Industries LLC

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

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