- The key vendors in the Dairy Products Packaging Market in Saudi Arabia 2015-2019 are Constantia Flexibles, Industrial Development Company SAL (INDEVCO), Schweizerische Industrie Gesellschaft Holdings AG(SIG Combibloc ) and Tetra Pak International SA
London, 03 March 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Dairy Products Packaging Market in Saudi Arabia 2015-2019. One of the trends emerging in this market is increased demand for biodegradable plastic, which is used by vendors in the Dairy industry to reduce the pollution created through the packaging process. Dairy packaging vendors have formulated sustainable packaging materials that are environmental-friendly and more durable because environmental issues are a major area of concern today. The Dairy Products Packaging market in Saudi Arabia is expected to grow at a CAGR of 5.37 percent during the forecast period of 2014-2019.
Companies are introducing a variety of dairy products such as low-fat milk, low-fat yogurt, and skimmed milk, targeting the health-conscious population. Besides marketing their products aggressively and conducting promotional activities, companies also have an efficient and strong distribution network to maintain their brand image and retain consumer loyalty.
“Vendors are investing in R&D to develop materials that have the ability to be recycled and have the traditional capability of friction, moisture, and heat resistance,” says Faisal Ghaus, Vice President of TechNavio Research.
“The technology adoption starts right from the manufacturing process to the selection of raw materials that are needed for processing, to suit customer requirements.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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