• Focus on the quality of raw materials.
• A highly qualified work team.
• Highly skilled workers and technicians.
• Supervision by a management team with precision and discipline.
• Ensure general cleanliness of the factory.
• Use of high technology in manufacturing and packaging.
• The project will produce high-quality al-muzaini vases.
• Commitment to maintaining product quality during packaging.

Plastics sector in the GCC countries

In 2020, the global plastic market was estimated to be worth approximately $579.7 billion. This market is expected to reach a value of $750.1 billion by 2028, with a compound annual growth rate (CAGR) of 3.4%.
As for the Gulf Cooperation Council (GCC) region, the plastics industry has grown significantly in recent decades, driven by government efforts to diversify economies and reduce dependence on oil and gas as the sole sources of revenue.
It is also worth noting that the increasing demand for plastics in certain industries has… such as: …automobiles, packaging materials, construction, and water pipes—has also contributed to the growth of this vital industry.
In fact, a report by the Gulf Petrochemicals and Chemicals Association (GPCA) stated that plastics represent the second-largest industrial sector in the region, with products valued at $108 billion.
For those interested in gaining insights into the key indicators of this industry in Saudi Arabia, “Mashroo3k” will present specific points that can serve as a guide for your investment journey, based on the latest available statistics.

• Saudi Arabia accounts for approximately 72% of the Gulf region’s plastic production and related industries. Notably, the Gulf region as a whole holds a 9% share of the global plastics industry.
• Saudi Arabia ranks eighth globally in plastic production and holds a 2% share of the world’s polymer production.
• By the end of the second quarter of 2021, the number of rubber and plastics factories in Saudi Arabia exceeded 222, representing 11.9% of the total number of factories operating in the Kingdom.
• According to the Standard International Trade Classification (SITC), Saudi Arabia’s exports of “plastics in their primary forms” were valued at 67,824,000,000 SAR, with a total weight of approximately 16,978 tons.
  For the category of “plastics in non-primary forms,” the export value was estimated at 2,403,000,000 SAR, with a total weight of 384 tons.
• In the second quarter of 2020, exports of plastics, rubber, and their products were valued at approximately 13,723,000,000 SAR. This figure increased to 22,491,000,000 SAR in the second quarter of 2021.
• The operating expenses for rubber and plastic manufacturing activities now exceed 10,103,147,000 SAR, while the total revenue for these activities has reached 20,148,798,000 SAR.
• The operating expenses for rubber and plastic manufacturing activities are expected to rise to 20,264,052,000 SAR by 2027. Meanwhile, the operating revenues for these activities are projected to reach 32,477,785,000 SAR in the same year.
  This reflects an 8% growth rate in expenses and a 5.4% growth rate in revenues.

Finally, “Mashroo3k” emphasizes that global demand for plastics is expected to triple by 2050.
Current data also indicates a significant rise in plastic consumption among individuals in Gulf Cooperation Council (GCC) countries, with per capita plastic consumption estimated at 94 kg per year, according to the latest available statistics.