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Saudi Arabia Plastic Recycling Market Size, Share, Growth: By Type: Polypropylene (PP), Polyethylene (PE), Polyethylene Terephthalate (PET), Others; By Application: Packaging, Textile, Automotive, Construction, Others; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Packaging Sector to Augment the Growth of the Saudi Arabia Plastic Recycling Industry
Based on application, the packaging segment is expected to hold a significant share in the Saudi Arabia plastic recycling industry. This growth can be associated with the rapid adoption of recycled plastic products in the packaging of goods. The growing e-commerce industry and the rapid urbanisation are supporting the growth of the segment.
Saudi Arabia Plastic Recycling Market Report Snapshots
Saudi Arabia Plastic Recycling Market Size
Saudi Arabia Plastic Recycling Market Growth
Saudi Arabia Plastic Recycling Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 GCC Plastic Recycling Market Overview
8.1 Key Industry Highlights
8.2 GCC Plastic Recycling Historical Market (2018-2023)
8.3 GCC Plastic Recycling Market Forecast (2024-2032)
8.4 GCC Plastic Recycling Market by Type
8.5 GCC Plastic Recycling Market by Application
8.6 GCC Plastic Recycling Market by Country
8.6.1 Saudi Arabia
8.6.2 United Arab Emirates
8.6.3 Qatar
8.6.4 Kuwait
8.6.5 Oman
8.6.6 Bahain
9 Saudi Arabia Plastic Recycling Market Analysis
9.1 Key Industry Highlights
9.2 Saudi Arabia Plastic Recycling Historical Market (2018-2023)
9.3 Saudi Arabia Plastic Recycling Market Forecast (2024-2032)
9.4 Saudi Arabia Plastic Recycling Market by Type
9.4.1 Polypropylene (PP)
9.4.1.1 Historical Trend (2018-2023)
9.4.1.2 Forecast Trend (2024-2032)
9.4.2 Polyethylene (PE)
9.4.2.1 Historical Trend (2018-2023)
9.4.2.2 Forecast Trend (2024-2032)
9.4.2.3 By Type
9.4.2.3.1 HDPE
9.4.2.3.2 LDPE
9.4.3 Polyethylene Terephthalate (PET)
9.4.3.1 Historical Trend (2018-2023)
9.4.3.2 Forecast Trend (2024-2032)
9.4.4 Others
9.5 Saudi Arabia Plastic Recycling Market by Application
9.5.1 Packaging
9.5.1.1 Historical Trend (2018-2023)
9.5.1.2 Forecast Trend (2024-2032)
9.5.2 Textile
9.5.2.1 Historical Trend (2018-2023)
9.5.2.2 Forecast Trend (2024-2032)
9.5.3 Automotive
9.5.3.1 Historical Trend (2018-2023)
9.5.3.2 Forecast Trend (2024-2032)
9.5.4 Construction
9.5.4.1 Historical Trend (2018-2023)
9.5.4.2 Forecast Trend (2024-2032)
9.5.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Saudi Top Plastic Factory (STP)
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Recycling Industries
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Arabian Ladinah for industrials Co. Ltd
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Waste Collection & Recycling Co. Ltd (WASCO)
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Saudi Investment Recycling Company (SIRC)
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. GCC Plastic Recycling Market: Key Industry Highlights, 2018 and 2032
2. Saudi Arabia Plastic Recycling Market: Key Industry Highlights, 2018 and 2032
3. Saudi Arabia Plastic Recycling Historical Market: Breakup by Type (Million Tonnes), 2018-2023
4. Saudi Arabia Plastic Recycling Market Forecast: Breakup by Type (Million Tonnes), 2024-2032
5. Saudi Arabia Plastic Recycling Historical Market: Breakup by Application (Million Tonnes), 2018-2023
6. Saudi Arabia Plastic Recycling Market Forecast: Breakup by Application (Million Tonnes), 2024-2032
7. Saudi Arabia Plastic Recycling Market Structure
Key Questions Answered in the Report
In 2023, the Saudi Arabia plastic recycling market attained a volume of nearly 1.79 million tonnes.
The market is projected to grow at a CAGR of 6.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around 3.06 million tonnes by 2032.
The major drivers of the industry, such as the increased demand for PET plastic in the manufacturing of plastic bottles and food containers, heightened use of recycled plastic in the packaging sector, increased government investments, and rising investments by key players in the research and development of recycling strategies, are expected to aid the market growth.
The key market trends guiding the industry's growth include the growing ecological awareness due to increased pollution levels.
The significant types include polypropylene (PP), polyethylene (PE), polyethylene terephthalate (PET), and others.
The significant applications of the product include packaging, textile, automotive, construction, and others.
The major players in the industry are Saudi Top Plastic Factory (STP), Recycling Industries, Arabian Ladinah for Industrials Co., Ltd, Waste Collection & Recycling Co. Ltd (WACSO), Saudi Investment Recycling Company (SIRC), and others.
Analyst Review
The Saudi Arabia plastic recycling market attained a volume of around 1.79 million tonnes in 2023, driven by the heightened eco-consciousness. Aided by the growing government investments to support recycling activities, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.2%. The market is projected to reach around 3.06 million tonnes by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market can be distributed into polypropylene (PP), polyethylene (PE), polyethylene terephthalate (PET), and others. On the basis of application, the industry can be segmented into packaging, textile, automotive, construction, and others. The key players in the above market include Saudi Top Plastic Factory (STP), Recycling Industries, Arabian Ladinah for Industrials Co., Ltd, Waste Collection & Recycling Co. Ltd (WACSO), Saudi Investment Recycling Company (SIRC), and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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