Molded Plastics Market - GCC Industry Analysis, Size, Share, Growth 2023
According to a recent study by Transparency Market Research (TMR), the molded plastics market in Gulf Cooperation Council (GCC) is highly fragmented, with ten of the leading companies collectively accounting for merely one-third of the shares in 2014. The report detects that more than 60% of these companies are located in Saudi Arabia and there is still high scope of capacity expansion. Investors are focused on acquiring machinery for producing a variety of molded plastic products with world-class quality. Moreover, expansion of product portfolio is the potential way forward to accelerated growth. Most of the leading market players are focusing on export markets as these offer higher margin and better bottom-line growth. Browse Market Research Report @ http://www.transparencymarketresearch.com/gcc-molded-plastics-market.html The report evaluates that the GCC molded plastics market was worth US$5.5 bn in 2014, and estimates the valuation to reach US$14.2 bn by the end...
