Saudi Arabia In-mold Labels Market Size & Outlook
Saudi Arabia in-mold labels market, 2018-2030 (US$M)
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Saudi Arabia in-mold labels market highlights
- The Saudi Arabia in-mold labels market generated a revenue of USD 22.2 million in 2023 and is expected to reach USD 27.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 3% from 2024 to 2030.
- In terms of segment, polypropylene (pp) was the largest revenue generating material in 2023.
- Polypropylene (PP) is the most lucrative material segment registering the fastest growth during the forecast period.
In-mold labels market data book summary
| Market revenue in 2023 | USD 22.2 million |
| Market revenue in 2030 | USD 27.3 million |
| Growth rate | 3% (CAGR from 2023 to 2030) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Polypropylene (PP) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene (PP), Polyethylene (PE), Polycarbonate (PC), Acrylonitrile Butadiene Styrene |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.0% of the global in-mold labels market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia in-mold labels market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 15.4 million by 2030.
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In-Mold Labels Market Scope
In-Mold Labels Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia in-mold labels market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to in-mold labels market will help companies and investors design strategic landscapes.
Polypropylene (pp) was the largest segment with a revenue share of 50.9% in 2023. Horizon Databook has segmented the Saudi Arabia in-mold labels market based on polypropylene (pp), polyethylene (pe), polycarbonate (pc), acrylonitrile butadiene styrene covering the revenue growth of each sub-segment from 2018 to 2030.
The food industry in Saudi Arabia is growing rapidly, driven by a combination of population growth, urbanization, and changing consumer preferences. Besides, the government of Saudi Arabia has prioritized food security and self-sufficiency, leading to significant investments in dairy, meat, poultry, and processed foods markets.
For instance, in March 2024, Almarai, a Saudi Arabia-based major food & beverage manufacturer in the Gulf, announced plans to invest over USD 4.8 billion through 2028 to drive growth, innovation, and sustainability in the country.
Hence, this investment is expected to increase the company’s production capabilities of dairy products to meet the growing demand in the country. Therefore, this outlook is anticipated to increase the demand for packaging solutions, including in-mold labels, in the country.
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Our clientele includes a mix of in-mold labels market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia in-mold labels market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia in-mold labels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia in-mold labels market size, by material, 2018-2030 (US$M)
Saudi Arabia In-Mold Labels Market Outlook Share, 2023 & 2030 (US$M)
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