Market revenue in 2023 | USD 148.3 million |
Market revenue in 2028 | USD 192.0 million |
Growth rate | 5.3% (CAGR from 2023 to 2028) |
Largest segment | Primary packaging |
Fastest growing segment | Secondary & Tertiary Packaging |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2028 |
Quantitative units | Revenue in USD million |
Market segmentation | Primary Packaging, Secondary & Tertiary Packaging |
Key market players worldwide | Gerresheimer AG ADR, Enerpac Tool Group Corp Class A, Graham Packaging, Glenroy, Inc., Alpha Packaging, Comar, Law Print & Packaging Management, Mold Tek Packaging, OPM Corporation, Container and Packaging |
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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 supplements and nutrition packaging market will help companies and investors design strategic landscapes.
Primary packaging was the largest segment with a revenue share of 61.02% in 2023. Horizon Databook has segmented the Saudi Arabia supplements and nutrition packaging market based on primary packaging, secondary & tertiary packaging covering the revenue growth of each sub-segment from 2018 to 2028.
Increased awareness among consumers towards healthcare and wellbeing through preventive measures like consuming dietary supplements and nutraceuticals creates higher demand for such products in the country.
Local companies are also seen to have entered into this industry to meet the consumer demand, through partnerships with key players and scaling up their production ability. This also should propel demand for safe and convenient packaging solution, thus driving the market size in the forecast period.
Consumers in the country are also observed to be keen towards maintaining environment safety by preferring reusable packaging systems. Such trends should further strengthen the growth avenues for packaging industry in the country, companies are increasingly focusing on to develop new products which will conform to all these trends and should bolster demand in the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia supplements and nutrition packaging market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia supplements and nutrition packaging market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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