GCC Pet Packaging Market

Name: GCC Pet Packaging Market - Size & Share
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GCC Polyethylene Terephthalate Market Size and Share

Market Overview

Study Period	2019 - 2030
Base Year For Estimation	2024
Forecast Data Period	2025 - 2030
Historical Data Period	2019 - 2023
Growth Rate	0.00% CAGR
Market Concentration	High
Major Players *Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

GCC Polyethylene Terephthalate Market Summary — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

GCC Polyethylene Terephthalate Market Analysis by Mordor Intelligence

The GCC Polyethylene Terephthalate Market is expected to register a CAGR of greater than 4% during the forecast period.

The bottles segment accounted for a major share of the market studied among the end-user industries currently, and it is expected to continue its dominance during the forecast period.
Saudi Arabia dominated the studied market, owing to the high demand from the end-user industries, including food and beverage and healthcare.

GCC Polyethylene Terephthalate Market Trends and Insights

Soaring Demand from the Food and Beverage Industry

PET is formed by combining purified terephthalic acid (PTA) or dimethyl terephthalate, and modified ethylene glycol, which makes it high-impact resistant and provides food contact safety.
PET resin in the food and beverage industry is commonly used for packaging. The three major packaging applications of PET are as containers (bottles, jars, and tubs), thin-oriented films (bags and snack food wrappers), and semi-rigid sheet for thermoforming (trays and blisters).
Mainly, these products include take-out containers, frozen foods, carbonated drinks and juices, ketchup, bottled water, jars, and baked good containers. They are also used in the food industry for clamshells, deli containers, as well as microwave food trays.
Owing to the increasing demand from countries, such as Saudi Arabia, the United Arab Emirates, Kuwait, and Qatar, the food and beverage sector in the GCC region is expected to grow strongly, during the forecast period. Thus giving boost to GCC Polyethylene Terephthalate Market.
In Saudi Arabia, the increasing population is one of the factors driving the huge demand for food and beverages, especially in the fast food and café segments.

Polyethylene Terephthalate Market Volume Share — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Saudi Arabia to Dominate the Market

Being an oil producing economy, from the initial phase itself, the country's interest in other industries was less. However, after the emergence and dominance of the non-OPEC countries, globally, and high volatility of crude oil prices, Saudi Arabia decided to diversify its portfolio to aid the economy grow uniformly.
The market's openness and investment opportunities in Saudi Arabia are less, when compared to the other emerging economies. However, the government, in its 10th development plan, is reforming economic policies, with investments in diversified sectors, and is trying to attract private investments in the country, to make it a diversified economy that is not dependent on oil.
Owing to the investments from the polyethylene terephthalate manufacturers in the country, the production capacity is expected to increase in the coming years. For instance, recently, on January 2019, Pan-Asia PET Resin (Guangzhou) Co., one of the leading PET bottle suppliers in China had launched a SAR 3.9 billion manufacturing plant in the country, which produce PET and PTA used in the packaging and fabric industries.
The packaging industry has been witnessing substantial growth in Saudi Arabia, majorly driven by the increasing food manufacturing and processing and growing online food delivery services.
The healthcare industry in Saudi Arabia accounts for the largest expenditure in the Middle Eastern region, and there is an increasing demand for the rise in hospital bed capacity and long-term care centers. The increasing healthcare expenditure in the country, along with the privatization of several public hospitals, is expected to drive the demand for healthcare equipment in the country, which, in turn, is expected to drive the market studied in the coming years.
Owing to the increasing demand from the end-user industries, the GCC Polyethylene Terephthalate Market is likely to grow during the forecast period.

Competitive Landscape

In terms of production capacity, the GCC Polyethylene Terephthalate Market is highly consolidated with the top two players accounting for a share of more than 65%. The key players include Octal, Pan-Asia Saudi Co. Ltd, SABIC, and JBF RAK.

GCC Polyethylene Terephthalate Industry Leaders

OCTAL
SABIC
PAN-ASIA SAUDI CO., LTD
*Disclaimer: Major Players sorted in no particular order

GCC Polyethylene Terephthalate Market — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

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Table of Contents for GCC Polyethylene Terephthalate Industry Report

1. INTRODUCTION

1.1 Study Assumptions
1.2 Scope of the Report

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1 Drivers
- 4.1.1 Increasing Emphasis on Recycling
4.2 Restraints
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

5.1 Product Type
- 5.1.1 Bottles
- 5.1.2 Films and Sheets
- 5.1.3 Household Containers
- 5.1.4 Other Product Types
5.2 End-user Industry
- 5.2.1 Food and Beverage
- 5.2.2 Automotive
- 5.2.3 Electrical and Electronics
- 5.2.4 Healthcare
- 5.2.5 Consumer Goods
- 5.2.6 Other End-user Industries
5.3 Geography
- 5.3.1 Saudi Arabia
- 5.3.2 Kuwait
- 5.3.3 United Arab Emirates
- 5.3.4 Qatar
- 5.3.5 Bahrain
- 5.3.6 Oman

6. COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Ranking Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
- 6.4.1 BASF SE
- 6.4.2 JBF RAK
- 6.4.3 OCTAL
- 6.4.4 Pan-Asia Saudi Co. Ltd
- 6.4.5 SABIC
*List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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GCC Polyethylene Terephthalate Market Report Scope

The GCC polyethylene terephthalate Market report include:

Product Type

Bottles

Films and Sheets

Household Containers

Other Product Types

End-user Industry

Food and Beverage

Automotive

Electrical and Electronics

Healthcare

Consumer Goods

Other End-user Industries

Geography

Saudi Arabia

Kuwait

United Arab Emirates

Qatar

Bahrain

Oman

Product Type	Bottles
	Films and Sheets
	Household Containers
	Other Product Types
End-user Industry	Food and Beverage
	Automotive
	Electrical and Electronics
	Healthcare
	Consumer Goods
	Other End-user Industries
Geography	Saudi Arabia
	Kuwait
	United Arab Emirates
	Qatar
	Bahrain
	Oman

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Key Questions Answered in the Report

What is the current GCC Polyethylene Terephthalate (PET) Market size?

The GCC Polyethylene Terephthalate (PET) Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)

Who are the key players in GCC Polyethylene Terephthalate (PET) Market?

OCTAL, SABIC and PAN-ASIA SAUDI CO., LTD are the major companies operating in the GCC Polyethylene Terephthalate (PET) Market.

What years does this GCC Polyethylene Terephthalate (PET) Market cover?

The report covers the GCC Polyethylene Terephthalate (PET) Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the GCC Polyethylene Terephthalate (PET) Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Page last updated on: November 25, 2025