Saudi Arabia Glass Packaging Market Research Report, 2029

The Saudi Arabia Glass Packaging market is projected to grow at a CAGR of 4.95% from 2023 to 2028, with growth driven by the expansion of the beverage industry.

The glass packaging market in Saudi Arabia is an intricate tapestry woven with the threads of the country’s diverse geography, booming tourism sector, and the strategic initiatives of leading companies. This dynamic market reflects Saudi Arabia’s rapid modernization and its ambitious Vision 2030 plan, which seeks to diversify the economy away from oil dependence and foster sustainable development across various sectors. With its vast deserts, bustling cities, and burgeoning coastal regions, the kingdom’s geography plays a pivotal role in shaping the glass packaging industry, while its growing tourism industry and innovative companies drive market growth and transformation. Saudi Arabia’s diverse geography, ranging from the vast deserts of the Rub' al Khali to the mountainous regions of Asir and the coastal expanses along the Red Sea, influences the glass packaging market in several ways. The kingdom’s central and eastern regions, characterized by arid desert landscapes, are home to major industrial hubs such as Riyadh and the Eastern Province. These areas have seen significant investments in manufacturing and industrial activities, making them key players in the glass packaging market. Riyadh, the capital city, serves as the economic heart of the country, with numerous glass manufacturing facilities producing a wide range of packaging solutions for both domestic consumption and export. Furthermore, the coastal regions, particularly along the Red Sea, are experiencing a tourism boom, driven by ambitious projects like the Red Sea Project and NEOM, a futuristic megacity. These developments are transforming the Red Sea coast into a premier global tourism destination, with a focus on luxury and sustainable tourism. The influx of tourists has led to increased demand for premium glass packaging, particularly for high-end food and beverage products and luxury cosmetics. Resorts, hotels, and restaurants along the coast prefer glass packaging for its aesthetic appeal and environmental benefits, aligning with the sustainability goals of these mega-projects. The tourism sector in Saudi Arabia, underpinned by Vision 2030, is another significant driver of the glass packaging market. The government’s efforts to open up the country to international tourists have led to a surge in the hospitality and retail sectors. According to the research report "Saudi Arabia Glass Packaging Market Research Report, 2028," published by Actual Market Research, the Saudi Arabia Glass Packaging market is expected to increase at a CAGR of 4.95% from 2023 to 2028. As Saudi Arabia continues its ambitious journey towards economic diversification under Vision 2030, the glass packaging industry is poised to experience significant expansion, driven by the country's economic performance, regional industrial activities, and the innovative capabilities of key players in the market. Saudi Arabia's GDP, one of the largest in the Middle East, is experiencing steady growth due to strategic investments in non-oil sectors. This economic diversification is fostering a thriving manufacturing industry, with glass packaging being a vital component. The Western region, particularly Jeddah and the Red Sea coast, is a focal point for this growth. Jeddah, a major commercial hub, is witnessing a surge in manufacturing activities, including glass production. The city's strategic location as a port and its proximity to key markets in Africa and Asia make it an ideal centre for glass packaging manufacturing and export. The Eastern Province, home to Dammam and Al-Khobar, is another significant region contributing to the growth of the glass packaging market. Known for its oil and gas industries, this region is now diversifying into manufacturing and industrial production. The presence of large-scale industrial zones and favourable government policies are attracting major glass manufacturers. Companies like Saudi Arabian Glass Company (SAGCO) and Eastern Province Cement Company are expanding their operations here, capitalizing on the region's infrastructure and logistical advantages. Riyadh, the capital and economic powerhouse of Saudi Arabia, plays a pivotal role in the glass packaging market. The city's vibrant economy, driven by a mix of commerce, finance, and industry, creates a substantial demand for glass packaging in various sectors, including food and beverage, pharmaceuticals, and cosmetics. Riyadh's position as a business hub also attracts multinational companies seeking high-quality packaging solutions, further boosting the market.

What's Inside a Actual Market Research`s industry report?

Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

Download Sample

The report has been segmented on the basis of different types of criteria including End-user & product type etc. On the basis of end-user, the Saudi Arabia glass packaging market is a captivating tale of growth and innovation, intricately tied to the burgeoning demand from the food and beverage sector, which currently leads the market, and the rapidly expanding pharmaceuticals sector, which is growing at an impressive pace. This dynamic market landscape is shaped by regional economic activities, the strategic initiatives of leading companies, and evolving consumer preferences across the kingdom. The food and beverage sector is the dominant force in the Saudi glass packaging market, driven by the kingdom's vibrant hospitality industry and an increasing preference for premium and sustainable packaging. This demand is most pronounced in major urban centers such as Riyadh, Jeddah, and the burgeoning tourism hubs along the Red Sea coast. In Riyadh, the capital city, a cosmopolitan populace and a thriving food scene fuel the need for high-quality glass bottles and jars that preserve the flavour and freshness of gourmet products, beverages, and culinary delights. Leading companies like Saudi Arabian Glass Company (SAGCO) and Arabian Packaging Company (APC) cater to this demand by providing aesthetically appealing and functional glass packaging solutions that enhance the consumer experience. Furthermore, Jeddah, the commercial heart of the kingdom, with its strategic port and dynamic economy, also plays a crucial role in the food and beverage glass packaging market. The city’s bustling trade activities and its position as a gateway to the Holy Cities of Mecca and Medina generate significant demand for bottled water, beverages, and packaged foods, especially during the Hajj and Umrah seasons. This seasonal surge further boosts the demand for glass packaging, reinforcing its dominance in the market. Meanwhile, the Red Sea coast, with ambitious projects like the Red Sea Project and NEOM, is transforming into a luxury tourism destination. On the basis of product types, the Saudi Arabia glass packaging market is a vibrant and multifaceted industry, distinguished by the dominant presence of glass bottles and the rapid growth of ampoules and vials. These products cater to diverse regional demands and are propelled by innovative companies that are aligning with the kingdom’s ambitious Vision 2030 initiative. The interplay between regional economic activities and corporate strategies reveals a dynamic market landscape, rich in opportunities and poised for continued expansion. Glass bottles lead the market, driven by the flourishing food and beverage sector and the luxury packaging needs of premium products. In urban centres like Riyadh and Jeddah, glass bottles are the preferred choice for packaging a variety of beverages, from mineral water to high-end spirits, and gourmet culinary products. Riyadh, the bustling capital, exemplifies this trend with its sophisticated consumer base and thriving hospitality industry. Restaurants, hotels, and specialty stores in Riyadh opt for glass bottles to enhance the appeal and quality perception of their offerings, ensuring that products are presented with the elegance and purity that only glass can provide. Jeddah, with its strategic position as a commercial gateway, further amplifies the demand for glass bottles. The city's dynamic economy, bolstered by its port facilities, supports extensive trade activities. During the peak pilgrimage seasons, the demand for bottled beverages surges, driving significant sales in the glass packaging market. Leading companies such as Saudi Arabian Glass Company (SAGCO) and Arabian Packaging Company (APC) are instrumental in meeting this demand. Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029

Make this report your own

We're excited to discuss your needs and our solutions. Let's schedule a call.

Kripa Shah

Kripa Shah

Senior Analyst

Aspects covered in this report • Glass Packaging market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By End-Use • Food & Beverage • Pharmaceuticals • Cosmetics & Personal Care • Others (chemicals, household products, etc.) By Product Type • Bottles • Jars • Ampoules & Vials • Others (containers, canisters, etc.)

Don’t pay for what you don’t need. Save 30%

Customise your report by selecting specific countries or regions

Specify Scope Now
Kripa Shah

The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the glass packaging industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 2.7. Geography
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Saudi Arabia Macro Economic Indicators
  • 5. Market Dynamics
  • 5.1. Market Drivers & Opportunities
  • 5.2. Market Restraints & Challenges
  • 5.3. Market Trends
  • 5.3.1. XXXX
  • 5.3.2. XXXX
  • 5.3.3. XXXX
  • 5.3.4. XXXX
  • 5.3.5. XXXX
  • 5.4. Covid-19 Effect
  • 5.5. Supply chain Analysis
  • 5.6. Policy & Regulatory Framework
  • 5.7. Industry Experts Views
  • 6. Saudi Arabia Glass Packaging Market Overview
  • 6.1. Market Size By Value
  • 6.2. Market Size and Forecast, By End-Use
  • 6.3. Market Size and Forecast, By Product Type
  • 7. Saudi Arabia Glass Packaging Market Segmentations
  • 7.1. Saudi Arabia Glass Packaging Market, By End-Use
  • 7.1.1. Saudi Arabia Glass Packaging Market Size, By Food & Beverage, 2018-2029
  • 7.1.2. Saudi Arabia Glass Packaging Market Size, By Pharmaceuticals, 2018-2029
  • 7.1.3. Saudi Arabia Glass Packaging Market Size, By Cosmetics & Personal Care, 2018-2029
  • 7.1.4. Saudi Arabia Glass Packaging Market Size, By Others, 2018-2029
  • 7.2. Saudi Arabia Glass Packaging Market, By Product Type
  • 7.2.1. Saudi Arabia Glass Packaging Market Size, By Bottles, 2018-2029
  • 7.2.2. Saudi Arabia Glass Packaging Market Size, By Jars, 2018-2029
  • 7.2.3. Saudi Arabia Glass Packaging Market Size, By Ampoules & Vials, 2018-2029
  • 7.2.4. Saudi Arabia Glass Packaging Market Size, By Others, 2018-2029
  • 8. Saudi Arabia Glass Packaging Market Opportunity Assessment
  • 8.1. By End-Use, 2024 to 2029
  • 8.2. By Product Type, 2024 to 2029
  • 9. Competitive Landscape
  • 9.1. Porter's Five Forces
  • 9.2. Company Profile
  • 9.2.1. Company 1
  • 9.2.1.1. Company Snapshot
  • 9.2.1.2. Company Overview
  • 9.2.1.3. Financial Highlights
  • 9.2.1.4. Geographic Insights
  • 9.2.1.5. Business Segment & Performance
  • 9.2.1.6. Product Portfolio
  • 9.2.1.7. Key Executives
  • 9.2.1.8. Strategic Moves & Developments
  • 9.2.2. Company 2
  • 9.2.3. Company 3
  • 9.2.4. Company 4
  • 9.2.5. Company 5
  • 9.2.6. Company 6
  • 9.2.7. Company 7
  • 9.2.8. Company 8
  • 10. Strategic Recommendations
  • 11. Disclaimer

List of Tables

Table 1: Influencing Factors for Glass Packaging Market, 2023
Table 2: Saudi Arabia Glass Packaging Market Size and Forecast, By End-Use (2018 to 2029F) (In USD Million)
Table 3: Saudi Arabia Glass Packaging Market Size and Forecast, By Product Type (2018 to 2029F) (In USD Million)
Table 4: Saudi Arabia Glass Packaging Market Size of Food & Beverage (2018 to 2029) in USD Million
Table 5: Saudi Arabia Glass Packaging Market Size of Pharmaceuticals (2018 to 2029) in USD Million
Table 6: Saudi Arabia Glass Packaging Market Size of Cosmetics & Personal Care (2018 to 2029) in USD Million
Table 7: Saudi Arabia Glass Packaging Market Size of Others (2018 to 2029) in USD Million
Table 8: Saudi Arabia Glass Packaging Market Size of Bottles (2018 to 2029) in USD Million
Table 9: Saudi Arabia Glass Packaging Market Size of Jars (2018 to 2029) in USD Million
Table 10: Saudi Arabia Glass Packaging Market Size of Ampoules & Vials (2018 to 2029) in USD Million
Table 11: Saudi Arabia Glass Packaging Market Size of Others (2018 to 2029) in USD Million

List of Figures

Figure 1: Saudi Arabia Glass Packaging Market Size By Value (2018, 2023 & 2029F) (in USD Million)
Figure 2: Market Attractiveness Index, By End-Use
Figure 3: Market Attractiveness Index, By Product Type
Figure 4: Porter's Five Forces of Saudi Arabia Glass Packaging Market
Logo

Saudi Arabia Glass Packaging Market Research Report, 2029

Contact usWe are friendly and approachable, give us a call.