Saudi Arabia Recycled Plastics Market Size to Hit USD 725.7 Million by 2033 | CAGR of 6.18%

Saudi Arabia Recycled Plastics Market Overview

Market Size in 2024: USD 406.4 Million

Market Size in 2033: USD 725.7 Million

Market Growth Rate 2025-2033: 6.18%

According to IMARC Group's latest research publication, "Saudi Arabia Recycled Plastics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The Saudi Arabia recycled plastics market size was valued at USD 406.4 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 725.7 Million by 2033, exhibiting a growth rate of 6.18% during 2025-2033.

How Sustainability Revolution is Reshaping the Future of Saudi Arabia Recycled Plastics Market

• Driving Vision 2030 Goals: Government's National Transformation Program is pushing circular economy initiatives, with NEOM planning to achieve zero-waste status by processing 1.5 million tons of plastic waste annually.
• Boosting Industrial Innovation: Saudi Basic Industries Corporation (SABIC) launched a 50,000-ton recycled plastic facility in Jubail, creating advanced packaging solutions for consumer goods and automotive sectors.
• Powering Green Manufacturing: Almarai's partnership with local recycling companies processes 12,000 tons of PET bottles yearly, reducing virgin plastic consumption by 40% across their packaging operations.
• Attracting Global Investment: International players like Veolia signed a SAR 2.8 billion waste management contract, establishing 15 recycling plants across major cities to handle municipal plastic waste.
• Supporting Regulatory Compliance: New plastic waste regulations mandate 30% recycled content in packaging by 2027, driving demand from food & beverage companies and electronics manufacturers.

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Saudi Arabia Recycled Plastics Market Trends & Drivers:

The Kingdom's recycled plastics sector is experiencing remarkable growth, thanks to ambitious sustainability targets under Vision 2030. The Saudi government has allocated SAR 12 billion for waste management infrastructure, including state-of-the-art plastic recycling facilities. Major cities like Riyadh and Jeddah are implementing comprehensive waste segregation programs, collecting over 2 million tons of plastic waste annually. This massive infrastructure investment is creating jobs for thousands of engineers and technicians while establishing Saudi Arabia as a regional hub for circular economy initiatives.

Consumer awareness about environmental responsibility is driving unprecedented demand for recycled plastic products across the Kingdom. With 87% of Saudi consumers willing to pay premium prices for sustainable packaging, retailers and manufacturers are rapidly adopting recycled materials. The food and beverage sector leads this transformation, with companies like Al Marai and Almarai committing to 100% recyclable packaging by 2026. Meanwhile, automotive manufacturers in the Eastern Province are integrating recycled plastics into vehicle components, creating a robust market for high-grade recycled materials.

The construction and infrastructure boom is creating enormous opportunities for recycled plastics in Saudi Arabia. Mega-projects like NEOM, The Red Sea Project, and Qiddiya require innovative building materials, with recycled plastic composites becoming increasingly popular for non-structural applications. These projects collectively demand over 500,000 tons of sustainable materials annually. Local manufacturers are scaling up production capabilities, while international technology providers are establishing joint ventures to meet this growing demand, positioning the Kingdom as a leader in sustainable construction practices.

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Saudi Arabia Recycled Plastics Industry Segmentation:

The report has segmented the market into the following categories:

Plastic Type Insights:

• Polyethylene Terephthalate (PET)
• High-Density Polyethylene (HDPE)
• Low-Density Polyethylene (LDPE)
• Polypropylene (PP)
• Others

Application Insights:

• Non-Food Contact Packaging
• Food Contact Packaging
• Construction
• Automotive
• Others

Raw Material Insights:

• Plastic Bottles
• Plastic Films
• Rigid Plastic and Foam
• Fibres
• Others

Breakup by Region:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

Recent News and Developments in Saudi Arabia Recycled Plastics Market

• February 2025: SABIC's advanced chemical recycling plant in Jubail achieved full operational capacity, processing 75,000 tons of mixed plastic waste annually into high-quality polymer feedstock for automotive and packaging applications.
• March 2025: The Riyadh Municipality launched its "Plastic to Value" initiative, establishing 25 collection centers that process 8,000 tons monthly, creating income opportunities for 2,500 local entrepreneurs in the recycling value chain.
• June 2025: NEOM's circular economy hub completed its first phase, featuring AI-powered sorting technology that achieves 98% purity in recycled plastic output, setting new industry standards for quality and efficiency.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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