Please Wait.....
Report
Middle-East and Africa Polyethylene Terephthalate (PET) Resin - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 80 Pages I Mordor Intelligence
The Middle-East and Africa Polyethylene Terephthalate Resin Market is expected to register a CAGR of greater than 4.5% during the forecast period.
COVID-19 impacted negatively the Middle East and Africa polyethylene terephthalate resin market growth. However, the surging demand for PET films in the automotive industry has propelled industry growth.
Key Highlights
- The growing food and beverage industry and increasing emphasis on recycling are expected to drive the market during the forecast period.
- Stringent regulations regarding the usage of PET and the increasing usage of alternative products may hinder the market growth.
- Increasing use of bio-based PET products is projected to create future market growth opportunities.
- Saudi Arabia is expected to dominate the market and is also expected to witness the fastest CAGR during the forecast period.
MEA Polyethylene Terephthalate (PET) Resin Market Trends
Increasing Demand from Food and Beverage Industry
- PET is a plastic material that has found increasing applications in the food and beverage industry for packaging purposes. PET has been replacing glass in food packaging applications owing to its extremely lightweight, easy and efficient transportation, and shatterproof features.
- PET is a very strong and inert material that does not react with foods. It is resistant to attacks by microorganisms and will not biologically degrade. Additionally, unlike glass, PET is extremely lightweight, easy and efficient to transport, re-sealable for efficient on-the-go hydration, environmentally safe, recyclable, and shatterproof. Owing to its chemical inertness and physical properties, especially glass-like transparency, lightweight, and rigidity, PET is widely used as a food packaging material.
- Common applications of PET in the food and beverage industry are bottled water, milk, juices, and carbonated drinks bottles, ketchup, jars for peanut butter, mayonnaise, pickles, jam, and others, sandwich boxes, tubs, and food containers, can laminations, etc.
- In Saudi Arabia, bottled water spending accounted for the largest proportion of soft drink sales, standing at around 55.3% of soft drink spending in 2021. Carbonated drinks accounted for the second largest proportion of soft drinks spending in 2021, accounting for over 26% of soft drinks spending.
- Besides packaging, PET is also used in the food industry for clamshells, deli containers, as well as microwave food trays. Growing population, increase in consumers' disposable income and purchasing power, and increasing demand for easily transportable and flexible food packaging, etc. are further expected to increase the demand for PET during the forecast period.
- Saudi Arabia's food and beverage sector increased by 6.3 percent in the first half of 2022. Additionally, according to the Saudi Arabian General Authority for Investment (SAGIA), the spending on food service will grow by 6% per annum over the next five years. As the population in The Kingdom reached about 36 million in 2022, Saudi now holds the largest domestic food & beverage market in the GCC.
Saudi Arabia to Dominate the Market
- Being an oil-producing economy, the country's interest in other industries was less from the initial phase itself. However, after the emergence and dominance of the non-OPEC countries globally and the high volatility of crude oil prices, Saudi Arabia decided to diversify its portfolio to help the economy grow uniformly.
- The market's openness and investment opportunities in Saudi Arabia are less when compared to other emerging economies. However, in its 10th development plan, the government 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.
- 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 food delivery and apps market in Saudi Arabia is also expanding rapidly; it was valued at USD 511 million in 2021 and is predicted to increase by 10% a year through 2026.
- The Saudi Arabian food manufacturing and processing sector rapidly grew in the past 10 years. The processed food industry in Saudi Arabia is expected to grow significantly, due to the increasing market for frozen foods, chilled processed foods, snacks, and chocolate confectionery.
- The healthcare industry in Saudi Arabia accounts for the largest expenditure in the GCC region, and there is a rising demand for increasing hospital bed capacity and long-term care centers. In 2021, the number of beds in the healthcare sectors was 77,224, an increase from 72,981 in 2019.
- In Gulf Cooperation Council (GCC) countries, Saudi Arabia accounts for 60% of healthcare expenditure, and the sector remains a top priority for the Saudi Arabian Government. In 2022, it spent USD 36.8 billion on healthcare and social development, 14.4 percent of its 2022 budget.
- 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 PET market in the coming years.
MEA Polyethylene Terephthalate (PET) Resin Industry Overview
The Middle East and Africa polyethylene terephthalate (PET) resin market is consolidated. Key players in the market include SABIC, Indorama Ventures Public Company Limited, Equate Petrochemical Company, and BASF SE, among others (not in any particular order).
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Growing Food and Beverage Industry
4.1.2 Increasing Emphasis on Recycling
4.2 Restraints
4.2.1 Increasing Usage of Substitute Products
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 (Market Size in Volume)
5.1 Product Type
5.1.1 Bottles
5.1.2 Films and Sheets
5.1.3 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 South Africa
5.3.3 United Arab Emirates
5.3.4 Qatar
5.3.5 Rest of Middle-East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share (%)**/Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Alpek S.A.B. de C.V.
6.4.2 Bamberger Polymers
6.4.3 BariQ
6.4.4 BASF SE
6.4.5 Dow
6.4.6 Eastman Chemical Company
6.4.7 Equate Petrochemical Company
6.4.8 GAP Polymers
6.4.9 Indorama Ventures Public Company Limited
6.4.10 Invista
6.4.11 KAP Industrial
6.4.12 SABIC
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Use of Bio-based PET Products
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security