Bioplastics in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Bioplastics are a type of plastic material that is derived from renewable sources such as plants, agricultural by-products, and microorganisms. These materials are used as alternatives to traditional plastics, which are made from fossil fuels. Bioplastics are manufactured using biological materials and processes, making them more sustainable and environmentally friendly.
- The Saudi Arabian bioplastics market recorded total revenues of $38.1 million in 2023, representing a compound annual growth rate (CAGR) of 8.8% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 10.2% between 2018 and 2023, reaching 16.2 thousand tonnes in 2023.
- The Saudi Arabian bioplastic market accounted for 34.3% of the Middle East & Africa bioplastic market in 2023.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the bioplastics market in Saudi Arabia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bioplastics market in Saudi Arabia
- Leading company profiles reveal details of key bioplastics market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia bioplastics market with five year forecasts
Reasons to Buy
- What was the size of the Saudi Arabia bioplastics market by value in 2023?
- What will be the size of the Saudi Arabia bioplastics market in 2028?
- What factors are affecting the strength of competition in the Saudi Arabia bioplastics market?
- How has the market performed over the last five years?
- What are the main segments that make up Saudi Arabia's bioplastics market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF SE
- DuPont de Nemours Inc