Gulf 4P Overview
- Website
- www.gulf4p.com
- Industry
- Business Consulting And Services
- Employees
- 126
- NAICS
-
Management, Scientific, and Technical Consulting ServicesManagement Consulting ServicesOther Scientific and Technical Consulting Services
Keywords
About Gulf 4P
Gulf 4P is an ideal B2B platform designed to showcase the latest products, technologies and innovations in the Plastics, Packaging, Printing and Petrochemicals industry. The event will provide massive business opportunities for global manufacturers, suppliers, entrepreneurs and industry professionals who are seeking to explore and gain a share of the lucrative market that Saudi Arabia presents. The Saudi economy remains by far the largest in the Gulf and MENA regions and is well positioned to outperform other neighboring states in terms of attractiveness for foreign investors and large-scale investment portfolios particularly in the industrial sector. Thanks to an unprecedented boom in industrial manufacturing, the country’s industrial sector is expected to grow to 21 percent of the gross domestic product (GDP) by 2030. Saudi Arabia is the largest plastics and petrochemical producer in the Gulf region, accounting for more than 67 percent of the total GCC petrochemicals capacity. The Kingdom's petrochemicals capacity grew at 12 percent compound annual growth rate (CAGR) between 2018 to 2022 and reached 90 million tons last year while the Kingdom’s booming packaging and printing industries is growing at 12% annually with a massive 70% market share of the entire GCC region.
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