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The GCC PET bottle market is aided by the growth of the overall global market, which reached a volume of 13.26 million tons in 2023. The global market is further expected to register a CAGR of 1.9% in the forecast period of 2024-2032 to reach a volume of 15.71 million tons by 2032.
Globally, the Asia Pacific region is expected tobserve a significant growth due tthe rise in the consumption of packed food and beverages. In the coming years, the GCC region is alsprojected twitness a significant growth due tthe rising consumption of carbonated and other packaged beverages. The market in the region is alsbeing aided by the increasing preference for bottled water over tap water as bottled water is seen as a more hygienic alternative. Thus, the rising water consumption due the region’s high temperatures is expected tinfluence the GCC PET bottle market positively.
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Polyethylene terephthalate (PET) belongs tthe polyseter family and is a common thermoplastic polymer resin, which is widely used for manufacturing plastic bottles. They are more durable, transparent, lightweight, non-reactive, recyclable, cost-effective, and thermally stable as compared tPP, HDPE, and PVC counterparts.
The market for PET bottles in GCC can be classified intthe following segments:
Based on the Capacity:
Based on Colour:
Based on Distribution Channel:
Based on Technology Type:
Based on End-Use:
The report looks intthe regional markets for PET bottle in the GCC like Saudi Arabia, UAE, Kuwait, Qatar, Bahrain, Oman, and others.
The GCC PET bottle market is being driven by the favourable properties of the product. PET bottles can be moulded intnumerous shapes timprove their appearance and utility. For uniqueness, manufacturers are focusing on one-off packaging and multi-sized packs, which are spurring the demand for PET bottles with customised shapes, colours, and designs.
Lifestyle changes and westernisation has increased the applicability of these products in the GCC region. The regional market is alsbeing driven by the rising influx of immigrants and tourists intthe region whextensively consume packaged food and beverages. Advancements in technology, which are making PET bottles more impervious in nature and thereby, increasing their shelf life, are alspropelling the growth of the market.
The report provides a detailed analysis of the following key players in the GCC PET bottle market, looking inttheir capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report investigates the macrand micraspects of the industry. The EMR report provides an in-depth insight intthe market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Capacity |
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Breakup by Distribution Channel |
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Breakup by Colour |
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Breakup by Technology Type |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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.*
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In 2023, the GCC PET bottle market attained a volume of nearly 13.26 million tons.
In the forecast period of 2024-2032, the market is expected grow at a CAGR of 1.9%.
By 2032, the market is expected to attain a volume of 15.71 million tons.
The major drivers of the market include the rising consumption of packaged food and beverages, growing demand for bottled water, and increasing population of tourists and immigrants in the region.
The key trends guiding the market include favourable properties of PET bottles, technological advancements in product manufacturing, and rising product diversification.
The major countries considered in the market report include Saudi Arabia, UAE, Kuwait, Qatar, Bahrain, and Oman, among others.
The various segments on the basis of capacity considered in the market report include high, medium, and low.
Business to business and retail are the major distribution channels of PET bottles in the market.
The significant segments based on colour considered in the market report include transparent and coloured.
The several technology types considered in the market report include stretch blow moulding, injection moulding, extrusion blow moulding, and thermoforming, among others.
Packaged water, carbonated soft drinks (CSD’s), food bottles and jars, non-food bottles and jars, fruit juice, and beer, among others, are the major end uses of PET bottles.
The major players in the market are Plastico, Duplas Al Sharq L.L.C., Rawasy Al Khaleej Plastic Ind, and INTERGULF – EMPOL, among others.
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