Saudi Arabia Soft Drink Packaging market is estimated to grow at a CAGR of 6.7% in terms of the volume sales over the forecast period 2014-2020. Saudi Arabia is the largest consumer of soft drinks in the Middle East and African region. Beverage cans have proven very suitable for the region’s hot climate as they are quick to chill. Owing to the intensity of the heat, a great deal of social activity takes place indoors, often in shopping centers with consumers demanding recognized brands, offering experience and quality equal to that found elsewhere. Demand for globally recognized soft drinks is high and almost 60% of packaged CSDs are sold in cans in Saudi Arabia, and will witness increased adoption over the next five years. Saudi consumers are brand-loyal and increasingly interested in new and innovative products, a factor that is increasing the demand for non-core soft drinks segments such as energy drinks, which are expected to experience strong growth. Consumption of soft drinks such as carbonates, bottled water and juices is much higher in GCC states than other neighboring countries. Therefore, with the large demand for bottled soft drinks, there is a need for large scale production of beverages into PET bottles.
Soft Drinks is the second most consumed drink after water, with plastic being the most used material for soft drinks packaging. Increasing population and rising disposable income has led to increasing demand for soft drinks products across the world. Packaging plays an important role in soft drinks market. Efficient packaging solutions offer benefits like ease of use, disposability and enhanced user experience. These benefits has led to growth in demand of packaging solutions for soft drinks segment. The other trend which is augmenting the demand is new and innovative products, which helps manufacturers enhance brand visibility while offering product differentiation.
Saudi Arabia Soft Drink Packaging Market is segmented on the basis of Material (Plastic, Paper, Metal, and Glass), Soft Drink Product (Juices, Bottled Water, Energy Drinks, Ready-To-Drink (RTD), and Carbonates), and Products (Beverage Cans, PET Bottles, Cartons and Boxes). This report describes a detailed study of the Porter’s five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies and competition analysis.
The report also considers key trends that will impact the industry and profiles of leading suppliers of Saudi Arabia Soft Drink Packaging Market. Some of the top companies mentioned in the report are Pactiv, Amcor, Genpak, Graham Packaging, Ball Corporation, SIG, Tetra Pak International, Placon, Toyo Seikan, Rock Tenn, Nuconic Packaging, The Scoular Company, Owens-Illinois, Crown Holdings, Rexam, Alcoa and Others.
What the report offers
Market Definition for Saudi Arabia Soft Drink Packaging along with identification of key drivers and restraints for the market.
Market analysis for the Saudi Arabia Soft Drink Packaging Market, with region specific assessments and competition analysis on a regional scale.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
Identification and analysis of the Macro and Micro factors that affect the Saudi Arabia Soft Drink Packaging market on a regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.