Saudi Arabia Molded Pulp Packaging Market Size & Outlook
Saudi Arabia molded pulp packaging market, 2018-2030 (US$M)
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Saudi Arabia molded pulp packaging market highlights
- The Saudi Arabia molded pulp packaging market generated a revenue of USD 47.1 million in 2023 and is expected to reach USD 82.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, wood pulp was the largest revenue generating source in 2023.
- Non-Wood Pulp is the most lucrative source segment registering the fastest growth during the forecast period.
Molded pulp packaging market data book summary
| Market revenue in 2023 | USD 47.1 million |
| Market revenue in 2030 | USD 82.1 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Wood pulp |
| Fastest growing segment | Non-Wood Pulp |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wood Pulp, Non-Wood Pulp |
| Key market players worldwide | Huhtamäki Oyj, Genpak, Pro-Pac Packaging (Aust) Pty Ltd, Brødrene Hartmann, CKF, Sonoco Products Co, Eco Products, Fabri-Kal, Henry Molded Products, Sabert Corp., MVI ECOPACK, Pton Molded Fiber Products Co. |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.9% of the global molded pulp packaging market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia molded pulp packaging market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 82.1 million by 2030.
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Molded Pulp Packaging Market Scope
Molded Pulp Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia molded pulp packaging 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 molded pulp packaging market will help companies and investors design strategic landscapes.
Wood pulp was the largest segment with a revenue share of 87.26% in 2023. Horizon Databook has segmented the Saudi Arabia molded pulp packaging market based on wood pulp, non-wood pulp covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia observes a very dynamic packaging industry trends, this can be ascribed to development of new cities with government investing around USD 70 billion for development.
With new cities like Neom, demand for food packaging trends will change, Saudi Arabia already accounts for over 70% of the GCC packaging market demand but since new cities are being developed, landfill capacity of the region is expected to shrink down.
Thus driving the demand for molded pulp packaging market in the country. Although wood based molded pulp packaging market accounts for the higher share, in terms of growth, non-wood molded pulp packaging market is expected to grow at a faster pace.
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Our clientele includes a mix of molded pulp packaging market companies, investment firms, advisory firms & academic institutions.
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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 molded pulp packaging market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia molded pulp packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia molded pulp packaging market size, by source, 2018-2030 (US$M)
Saudi Arabia Molded Pulp Packaging Market Outlook Share, 2023 & 2030 (US$M)
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