Market Share of Saudi Arabia Foodservice Disposable Packaging Industry
The Saudi Arabia Foodservice Disposable Packaging Market is semi-consolidated with the presence of major players like Napco National Packaging, Hotpack Packaging Industries LLC, SAQR PACK, Falcon Pack, and Flexpack (ENPI GROUP). Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
April 2023 - Hotpack Global, a manufacturer of food packaging products, plans to build a sustainable packaging plant with an estimated investment of SAR 1 Billion (USD 0.27 billion) in Saudi Arabia. The company has signed a MoU with Saudi Arabia’s Ministry of Investment & Industry.
July 2023 - Napco National, the leading producer of plastic, paper, and cartonboard raw materials and packing products, has successfully acquired Rotopak, a major provider of printed flexible packaging solutions, in its strategic efforts to enhance its product range and expand its market presence.
Saudi Arabia Foodservice Disposable Packaging Market Leaders
Napco National Packaging
Hotpack Packaging Industries LLC
SAQR PACK
Falcon Pack
Flexpack (ENPI GROUP)
*Disclaimer: Major Players sorted in no particular order