GCC Plastic Caps and Closure Market, By Product Type; By Container Type; By Raw Material; By Technology; By End Use Sector; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2030

List of Tables

GCC Plastic Caps and Closure Market Size to Touch Value of USD 2.13 Billion by 2030

GCC Plastic Caps and Closure Market is flourishing due to the growing appetite for packaged goods, coupled with the dynamic food and beverages industry, and the evolution of packaging technology.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated GCC Plastic Caps and Closure Market size by value at USD 1.42 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects GCC Plastic Caps and Closure Market size to expand at a CAGR of 6.07% reaching a value of USD 2.13 billion by 2030. The Plastic Caps and Closure Market across the GCC region is propelled by the surge in food consumption, coupled with a shift towards packaged convenience foods, has ignited a demand for innovative packaging solutions. Companies are racing to meet this need, leveraging nanotechnology to enhance preservation and sterility. As health concerns grow, pharmaceuticals offer a burgeoning market for advanced packaging. These factors, combined with evolving demographics and market dynamics, are driving the demand for cutting-edge closures and packaging technologies.

Pharmaceutical Segment Holds Largest Market Share in GCC Region

The pharmaceutical segment accounts for the highest share of GCC Plastic Caps and Closure Market by end use sector. Saudi Arabia's healthcare surge is driving demand for plastic caps and closures, particularly in the pharmaceutical sector. The Kingdom's substantial investment of over USD 66 billion and commitment to private sector growth are fueling this expansion. Partnerships with global pharmaceutical giants, such as the collaboration with Roche Products, are expected to further accelerate market development. Plastic materials like HDPE, LDPE, PP, and PET are essential components of pharmaceutical packaging, creating a strong demand for caps and closures. As consumers seek innovative solutions to combat counterfeiting and ensure product safety, smart and tamper-evident packaging is gaining traction. The other major end use sectors in GCC Plastic Caps and Closure Market include Beverages, Pharmaceuticals, Food, Personal & Homecare, Automotive, and Chemicals.

Impact of Escalating Geopolitical Tensions on GCC Plastic Caps and Closure Market

GCC Plastic Caps and Closure Market may face significant challenges from intensifying geopolitical tensions across the world, particularly in the Middle East region. The potential consequences include disrupted trade routes, volatile oil prices, and instability in global supply chains. These factors could drive up the cost of raw materials, especially polypropylene and polyethylene, derived from petrochemicals. Manufacturing operations could also face challenges due to limited access to essential resources, leading to production delays and delivery disruptions. Shifting diplomatic relations might hinder foreign investments and partnerships, further slowing market expansion. In sum, the overall profitability and competitiveness of the GCC plastic caps and closures industry could be negatively impacted by these escalating geopolitical tensions.

Competitive Landscape

GCC Plastic Caps and Closure Market is fragmented, with numerous players serving the market. The key players dominating GCC Plastic Caps and Closure Market include Precision Plastic, Middle East Plastic Industries (MEPI), Al-Rajhi Group, Gulf Petrochemical Industries Company (GPIC), National Plastic Industries Company (NPIC), United Plastic Industries (UPI), Oman Plastic Industries Company (OPIC), and Saudi Plastic Industries Company (SPIC). Key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.

The report's in-depth analysis provides information about growth potential, upcoming trends, and GCC Plastic Caps and Closure Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in GCC Plastic Caps and Closure Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC24676

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. GCC Plastic Caps and Closure Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Rising Demand for Packaged Goods
  - 3.2.1.2. Growth in the Food and Beverage Industry
  - 3.2.1.3. Advancements in Packaging Technology
- 3.2.2. Restraints
  - 3.2.2.1. Fluctuating Raw Material Prices
  - 3.2.2.2. Economic Downturns
- 3.2.3. Opportunities
  - 3.2.3.1. Increasing Consumer Awareness of Product Safety
  - 3.2.3.2. Expanding E-commerce Market
- 3.2.4. Challenges
  - 3.2.4.1. Environmental Concerns and Regulations
  - 3.2.4.2. Technological Challenges
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. GCC Plastic Caps and Closure Market: Marketing Strategies

5. GCC Plastic Caps and Closure Market: Pricing Analysis

6. GCC Plastic Caps and Closure Market Overview

6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
6.2. Market Share & Forecast
- 6.2.1. By Product Type
  - 6.2.1.1. Screw on Caps
  - 6.2.1.2. Dispensing Caps
  - 6.2.1.3. Others
- 6.2.2. By Container Type
  - 6.2.2.1. Plastic
  - 6.2.2.2. Glass
- 6.2.3. By Raw Material
  - 6.2.3.1. PP
  - 6.2.3.2. HDPE
  - 6.2.3.3. LDPE
  - 6.2.3.4. Others (PET, PVC)
- 6.2.4. By Technology
  - 6.2.4.1. Post Mold TE Band
  - 6.2.4.2. Compression Molding
  - 6.2.4.3. Injection Molding
- 6.2.5. By End Use Sector
  - 6.2.5.1. Beverages
  - 6.2.5.2. Pharmaceuticals
  - 6.2.5.3. Food
  - 6.2.5.4. Personal & Homecare
  - 6.2.5.5. Others (Automotive, Chemicals)
- 6.2.6. By Country
  - 6.2.6.1. Saudi Arabia
  - 6.2.6.2. UAE
  - 6.2.6.3. Qatar
  - 6.2.6.4. Kuwait
  - 6.2.6.5. Bahrain
  - 6.2.6.6. Oman

7. Saudi Arabia Plastic Caps and Closure Market

7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
7.2. Market Share & Forecast
- 7.2.1. By Product Type
- 7.2.2. By Container Type
- 7.2.3. By Raw Material
- 7.2.4. By Technology
- 7.2.5. By End Use Sector

8. UAE Plastic Caps and Closure Market

8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
8.2. Market Share & Forecast
- 8.2.1. By Product Type
- 8.2.2. By Container Type
- 8.2.3. By Raw Material
- 8.2.4. By Technology
- 8.2.5. By End Use Sector

9. Qatar Plastic Caps and Closure Market

9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
9.2. Market Share & Forecast
- 9.2.1. By Product Type
- 9.2.2. By Container Type
- 9.2.3. By Raw Material
- 9.2.4. By Technology
- 9.2.5. By End Use Sector

10. Kuwait Plastic Caps and Closure Market

10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Billion)
10.2. Market Share & Forecast
- 10.2.1. By Product Type
- 10.2.2. By Container Type
- 10.2.3. By Raw Material
- 10.2.4. By Technology
- 10.2.5. By End Use Sector

11. Bahrain Plastic Caps and Closure Market

11.1. Market Size & Forecast, 2019-2030
- 11.1.1. By Value (USD Billion)
11.2. Market Share & Forecast
- 11.2.1. By Product Type
- 11.2.2. By Container Type
- 11.2.3. By Raw Material
- 11.2.4. By Technology
- 11.2.5. By End Use Sector

12. Oman Plastic Caps and Closure Market

12.1. Market Size & Forecast, 2019-2030
- 12.1.1. By Value (USD Billion)
12.2. Market Share & Forecast
- 12.2.1. By Product Type
- 12.2.2. By Container Type
- 12.2.3. By Raw Material
- 12.2.4. By Technology
- 12.2.5. By End Use Sector

13. Competitive Landscape

13.1. List of Key Players and Their Offerings
13.2. GCC Plastic Caps and Closure Company Market Share Analysis, 2023
13.3. Competitive Benchmarking, By Operating Parameters
13.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

14. Impact of Escalating Geopolitical Tensions on GCC Plastic Caps and Closure Market

15. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

15.1. Precision Plastic
15.2. Middle East Plastic Industries (MEPI)
15.3. Al-Rajhi Group
15.4. Gulf Petrochemical Industries Company (GPIC)
15.5. National Plastic Industries Company (NPIC)
15.6. United Plastic Industries (UPI)
15.7. Oman Plastic Industries Company (OPIC)
15.8. Saudi Plastic Industries Company (SPIC)
15.9. Other Prominent Players

16. Key Strategic Recommendations

17. Research Methodology

17.1. Qualitative Research
- 17.1.1. Primary & Secondary Research
17.2. Quantitative Research
17.3. Market Breakdown & Data Triangulation
- 17.3.1. Secondary Research
- 17.3.2. Primary Research
17.4. Breakdown of Primary Research Respondents, By Region
17.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

Product Code: BWC24676

List of Figures

Figure 1 GCC Plastic Caps and Closure Segmentation
Figure 2 GCC Plastic Caps and Closure Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 Middle East & Africa Plastic Caps and Closure Market Size, By Value (USD Billion), 2019-2030
Figure 5 Middle East & Africa Plastic Caps and Closure Market Share, By Product Type, By Value, 2019-2030
Figure 6 Middle East & Africa Plastic Caps and Closure Market Share, By Container Type, By Value, 2019-2030
Figure 7 Middle East & Africa Plastic Caps and Closure Market Share, By Raw Material, By Value, 2019-2030
Figure 8 Middle East & Africa Plastic Caps and Closure Market Share, By Technology, By Value, 2019-2030
Figure 9 Middle East & Africa Plastic Caps and Closure Market Share, By End Use Sector , By Value, 2019-2030
Figure 10 Middle East & Africa Plastic Caps and Closure Market Share, By Country, By Value, 2019-2030
Figure 11 Saudi Arabia Plastic Caps and Closure Market Size, By Value (USD Billion), 2019-2030
Figure 12 Saudi Arabia Plastic Caps and Closure Market Share, By Product Type, By Value, 2019-2030
Figure 13 Saudi Arabia Plastic Caps and Closure Market Share, By Container Type, By Value, 2019-2030
Figure 14 Saudi Arabia Plastic Caps and Closure Market Share, By Raw Material, By Value, 2019-2030
Figure 15 Saudi Arabia Plastic Caps and Closure Market Share, By Technology, By Value, 2019-2030
Figure 16 Saudi Arabia Plastic Caps and Closure Market Share, By End Use Sector , By Value, 2019-2030
Figure 17 UAE Plastic Caps and Closure Market Size, By Value (USD Billion), 2019-2030
Figure 18 UAE Plastic Caps and Closure Market Share, By Product Type, By Value, 2019-2030
Figure 19 UAE Plastic Caps and Closure Market Share, By Container Type, By Value, 2019-2030
Figure 20 UAE Plastic Caps and Closure Market Share, By Raw Material, By Value, 2019-2030
Figure 21 UAE Plastic Caps and Closure Market Share, By Technology, By Value, 2019-2030
Figure 22 UAE Plastic Caps and Closure Market Share, By End Use Sector , By Value, 2019-2030
Figure 23 Qatar Plastic Caps and Closure Market Size, By Value (USD Billion), 2019-2030
Figure 24 Qatar Plastic Caps and Closure Market Share, By Product Type, By Value, 2019-2030
Figure 25 Qatar Plastic Caps and Closure Market Share, By Container Type, By Value, 2019-2030
Figure 26 Qatar Plastic Caps and Closure Market Share, By Raw Material, By Value, 2019-2030
Figure 27 Qatar Plastic Caps and Closure Market Share, By Technology, By Value, 2019-2030
Figure 28 Qatar Plastic Caps and Closure Market Share, By End Use Sector , By Value, 2019-2030
Figure 29 Kuwait Plastic Caps and Closure Market Size, By Value (USD Billion), 2019-2030
Figure 30 Kuwait Plastic Caps and Closure Market Share, By Product Type, By Value, 2019-2030
Figure 31 Kuwait Plastic Caps and Closure Market Share, By Container Type, By Value, 2019-2030
Figure 32 Kuwait Plastic Caps and Closure Market Share, By Raw Material, By Value, 2019-2030
Figure 33 Kuwait Plastic Caps and Closure Market Share, By Technology, By Value, 2019-2030
Figure 34 Kuwait Plastic Caps and Closure Market Share, By End Use Sector , By Value, 2019-2030
Figure 35 Bahrain Plastic Caps and Closure Market Size, By Value (USD Billion), 2019-2030
Figure 36 Bahrain Plastic Caps and Closure Market Share, By Product Type, By Value, 2019-2030
Figure 37 Bahrain Plastic Caps and Closure Market Share, By Container Type, By Value, 2019-2030
Figure 38 Bahrain Plastic Caps and Closure Market Share, By Raw Material, By Value, 2019-2030
Figure 39 Bahrain Plastic Caps and Closure Market Share, By Technology, By Value, 2019-2030
Figure 40 Bahrain Plastic Caps and Closure Market Share, By End Use Sector , By Value, 2019-2030
Figure 41 Oman Plastic Caps and Closure Market Size, By Value (USD Billion), 2019-2030
Figure 42 Oman Plastic Caps and Closure Market Share, By Product Type, By Value, 2019-2030
Figure 43 Oman Plastic Caps and Closure Market Share, By Container Type, By Value, 2019-2030
Figure 44 Oman Plastic Caps and Closure Market Share, By Raw Material, By Value, 2019-2030
Figure 45 Oman Plastic Caps and Closure Market Share, By Technology, By Value, 2019-2030
Figure 46 Oman Plastic Caps and Closure Market Share, By End Use Sector , By Value, 2019-2030

List of Tables

Table 1 Middle East & Africa Plastic Caps and Closure Market Size, By Value (USD Billion), 2019-2030
Table 2 Middle East & Africa Plastic Caps and Closure Market Size, By Product Type, By Value, 2019-2030
Table 3 Middle East & Africa Plastic Caps and Closure Market Size, By Container Type, By Value, 2019-2030
Table 4 Middle East & Africa Plastic Caps and Closure Market Size, By Raw Material, By Value, 2019-2030
Table 5 Middle East & Africa Plastic Caps and Closure Market Size, By Technology, By Value, 2019-2030
Table 6 Middle East & Africa Plastic Caps and Closure Market Size, By End Use Sector , By Value, 2019-2030
Table 7 Middle East & Africa Plastic Caps and Closure Market Size, By Country, By Value, 2019-2030
Table 8 Saudi Arabia Plastic Caps and Closure Market Size, By Value (USD Billion), 2019-2030
Table 9 Saudi Arabia Plastic Caps and Closure Market Size, By Product Type, By Value, 2019-2030
Table 10 Saudi Arabia Plastic Caps and Closure Market Size, By Container Type, By Value, 2019-2030
Table 11 Saudi Arabia Plastic Caps and Closure Market Size, By Raw Material, By Value, 2019-2030
Table 12 Saudi Arabia Plastic Caps and Closure Market Size, By Technology, By Value, 2019-2030
Table 13 Saudi Arabia Plastic Caps and Closure Market Size, By End Use Sector , By Value, 2019-2030
Table 14 UAE Plastic Caps and Closure Market Size, By Value (USD Billion), 2019-2030
Table 15 UAE Plastic Caps and Closure Market Size, By Product Type, By Value, 2019-2030
Table 16 UAE Plastic Caps and Closure Market Size, By Container Type, By Value, 2019-2030
Table 17 UAE Plastic Caps and Closure Market Size, By Raw Material, By Value, 2019-2030
Table 18 UAE Plastic Caps and Closure Market Size, By Technology, By Value, 2019-2030
Table 19 UAE Plastic Caps and Closure Market Size, By End Use Sector , By Value, 2019-2030
Table 20 Qatar Plastic Caps and Closure Market Size, By Value (USD Billion), 2019-2030
Table 21 Qatar Plastic Caps and Closure Market Size, By Product Type, By Value, 2019-2030
Table 22 Qatar Plastic Caps and Closure Market Size, By Container Type, By Value, 2019-2030
Table 23 Qatar Plastic Caps and Closure Market Size, By Raw Material, By Value, 2019-2030
Table 24 Qatar Plastic Caps and Closure Market Size, By Technology, By Value, 2019-2030
Table 25 Qatar Plastic Caps and Closure Market Size, By End Use Sector , By Value, 2019-2030
Table 26 Kuwait Plastic Caps and Closure Market Size, By Value (USD Billion), 2019-2030
Table 27 Kuwait Plastic Caps and Closure Market Size, By Product Type, By Value, 2019-2030
Table 28 Kuwait Plastic Caps and Closure Market Size, By Container Type, By Value, 2019-2030
Table 29 Kuwait Plastic Caps and Closure Market Size, By Raw Material, By Value, 2019-2030
Table 30 Kuwait Plastic Caps and Closure Market Size, By Technology, By Value, 2019-2030
Table 31 Kuwait Plastic Caps and Closure Market Size, By End Use Sector , By Value, 2019-2030
Table 32 Bahrain Plastic Caps and Closure Market Size, By Value (USD Billion), 2019-2030
Table 33 Bahrain Plastic Caps and Closure Market Size, By Product Type, By Value, 2019-2030
Table 34 Bahrain Plastic Caps and Closure Market Size, By Container Type, By Value, 2019-2030
Table 35 Bahrain Plastic Caps and Closure Market Size, By Raw Material, By Value, 2019-2030
Table 36 Bahrain Plastic Caps and Closure Market Size, By Technology, By Value, 2019-2030
Table 37 Bahrain Plastic Caps and Closure Market Size, By End Use Sector , By Value, 2019-2030
Table 38 Oman Plastic Caps and Closure Market Size, By Value (USD Billion), 2019-2030
Table 39 Oman Plastic Caps and Closure Market Size, By Product Type, By Value, 2019-2030
Table 40 Oman Plastic Caps and Closure Market Size, By Container Type, By Value, 2019-2030
Table 41 Oman Plastic Caps and Closure Market Size, By Raw Material, By Value, 2019-2030
Table 42 Oman Plastic Caps and Closure Market Size, By Technology, By Value, 2019-2030
Table 43 Oman Plastic Caps and Closure Market Size, By End Use Sector , By Value, 2019-2030
Table 44 Precision Plastic Company Overview
Table 45 Precision Plastic Financial Overview
Table 46 Middle East Plastic Industries (MEPI) Company Overview
Table 47 Middle East Plastic Industries (MEPI) Financial Overview
Table 48 Al-Rajhi Group Company Overview
Table 49 Al-Rajhi Group Financial Overview
Table 50 Gulf Petrochemical Industries Company (GPIC) Company Overview
Table 51 Gulf Petrochemical Industries Company (GPIC) Financial Overview
Table 52 National Plastic Industries Company (NPIC) Company Overview
Table 53 National Plastic Industries Company (NPIC) Financial Overview
Table 54 United Plastic Industries (UPI) Company Overview
Table 55 United Plastic Industries (UPI) Financial Overview
Table 56 Oman Plastic Industries Company (OPIC) Company Overview
Table 57 Oman Plastic Industries Company (OPIC) Financial Overview
Table 58 Saudi Plastic Industries Company (SPIC) Company Overview
Table 59 Saudi Plastic Industries Company (SPIC) Financial Overview

GCC Plastic Caps and Closure Market, By Product Type; By Container Type; By Raw Material; By Technology; By End Use Sector; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2030

Description

Table of Contents

List of Tables

Table of Contents

1. Research Framework

2. Executive Summary

3. GCC Plastic Caps and Closure Market Insights

4. GCC Plastic Caps and Closure Market: Marketing Strategies

5. GCC Plastic Caps and Closure Market: Pricing Analysis

6. GCC Plastic Caps and Closure Market Overview

7. Saudi Arabia Plastic Caps and Closure Market

8. UAE Plastic Caps and Closure Market

9. Qatar Plastic Caps and Closure Market

10. Kuwait Plastic Caps and Closure Market

11. Bahrain Plastic Caps and Closure Market

12. Oman Plastic Caps and Closure Market

13. Competitive Landscape

14. Impact of Escalating Geopolitical Tensions on GCC Plastic Caps and Closure Market

15. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

16. Key Strategic Recommendations

17. Research Methodology

List of Figures

List of Tables