Saudi Arabia

Challenging economic conditions, changing consumer lifestyles and government efforts to diversify the economy and create jobs for locals are influencing the development of packaging in Saudi Arabia. The end of the review period saw Saudi Arabia ...

Alcoholic drinks packaging offers open opportunities for manufacturers that invest in innovation. Saudi Arabia has a growing young demographic that is increasingly looking for new and better experiences. The most popular packaging type is glass ...

Dropping oil revenues have forced the Saudi government to raise taxes and cut subsidies, thereby hitting local household purchasing power. An exodus of foreign workers, due to new taxes on expatriates, has further hit local consumption, with the real...

Saudi Arabia witnessed an economic recession in 2017, owing to cuts in oil production, as the nation remains highly dependent on oil revenues. The economy is expected to grow at a modest pace over 2018-2023. Although its over-reliance on oil ...

While it ranks third globally in total population, the Middle East and Africa is the sixth largest region in the world for consumer payments and is smallest market in the world by total card payment transactions. Many of the countries in the Middle ...

The Saudi government’s excise tax implementation in June 2017 of 100% excise tax, doubled the price per pack. Although there were reported declines in the market, consumers took to social media to complain about the steep price rise, a majority ...

In 2017, sales of cigars continued to increase strongly in the review period. In part this was due to more affluent Saudis becoming aware of enjoying cigars as a sign of wealth and social status, but it was also due to more people taking up ...

In 2017, sales of tobacco in Saudi Arabia declined due to excise tax implementation at 100% that was implemented as a first in the region. As of June 2017, the Saudi Ministry of Health doubled the price of cigarettes. This made brands even less ...

Smokeless tobacco is non-existent in Saudi Arabia, with this situation not expected to change over the forecast period.?...

Vitamins and dietary supplements is an emerging market in Middle East and Africa, which is driven by growing health awareness, increasing self-medication, expansion of distribution networks, and the entrance of new brands. This region offers several ...

Young, urban Saudi Arabians are swiftly adapting to convenient goods which suit their fast-moving lifestyles. Not just men, but also women in great numbers are joining both the public and the private sector. In addition, demand for a convenient ...

Demand for on-the-go beverages is increasing, following the fast and busy lifestyle trend, which is illustrated by the increased consumption of soft drinks in smaller and lighter pack sizes and by a consumer shift, in some cases, away from glass ...

In the latest in an ongoing series of quarterly briefings looking at major (and some minor) developments in the world of tobacco, we assess the latest performance of the major multinationals, their recent NGP moves, further M&A activities from ...

Mecca is home to the most sacred holy sites for Muslims around the world, attracting millions of tourists annually to perform religious duties. The Saudi Vision 2030 has increased investment in all sectors including tourism, and thus Mecca plans to ...

Although life expectancy and living standards are improving, developing countries also experience a rapid rise in health problems such as diabetes, obesity, high blood pressure and raised cholesterol levels. Caused mainly by dietary changes and a ...

Non/low alcohol beer in Saudi Arabia is expected to continue growing over the forecast period, with sales being driven by the launch of new flavours and innovation in packaging. Companies present in beer in Saudi Arabia are expected to continue to ...

The rapidly increasing young population in Saudi Arabia, along with the preference for Westernised lifestyles, remained the main drivers for sales of non/low alcohol beer and therefore the alcoholic drinks market as a whole in 2017. The young ...

The Saudization programme and newly imposed expat fees resulted in an outflow of expats from the kingdom as per Vision 2030, to reduce the dependency on expat workers and boost the employment rate among Saudi men and women. Accordingly, many expats ...

In 2017, BFY beverages benefited from consumers’ ongoing focus on products that contained less sugar, as part of the health and wellness trend. With greater health awareness, many consumers became aware of the potential health issues that can arise ...

Saudi Arabia faces a growing obesity crisis, putting its population at greater risk of related illnesses like hypertension and diabetes. Poor dietary habits and sedentary lifestyles are the primary contributors to this problem, which the government ...