Saudi Arabia Disposables & Consumer Goods Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Saudi Arabia Medical Disposables & Consumer Goods Market is Segmented By Product Type (Disposables (Wound Management Products, Drug Delivery Products, Diagnostic And Laboratory Disposables, Dialysis Disposables, Disposable Masks, Disposable Eye Gear, Others), Consumer Goods, Durable Goods , Non-Durable Goods), By Material Type (Plastic Resin, Nonwoven Material, Rubber, Paper And Paperboard, Metals, Glass, Others), By End User (Hospitals, Home Healthcare, Outpatient/Primary Care Facilities, Others) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Report Overview

Saudi Arabia Medical Disposables & Consumer Goods Market reached US$ YY million in 2023 and is expected to reach US$ YY million by 2031, growing with a CAGR of YY % during the forecast period 2024-2031.

The medical disposables industry encompasses a wide range of products essential for healthcare and personal hygiene. Medical disposables such as gowns, needles, surgical masks, syringes, and other items play a crucial role in safeguarding against infections in hospitals and clinics. Medical consumer goods refer to products that are used for healthcare, wellness, and personal hygiene. These goods are essential for maintaining good health and ensuring personal cleanliness.

Market Scope

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Market Dynamics: Drivers and Restraints

Rise in the prevalence of chronic diseases 

The Saudi Arabia medical disposables and consumer goods market is primarily driven by the rising prevalence of chronic diseases like cardiovascular and diabetes which helps the market to grow during the forecast period.  According to the International Diabetes Federation report, Saudi Arabia is one of the 21 countries and territories of the IDF MENA region. 537 million people have diabetes in the world and 73 million people in the MENA Region; by 2045 this will rise to 135.7 million.

For instance, as per the report published by the international diabetes federation (IDF) in 2020, the prevalence rate of diabetes in Saudi Arabia is 18.3%. it also reported that Saudi Arabia is the 7th-highest country for new cases of type 1 diabetes. 

Furthermore, the saudi arabia disposables and consumer goods market is also driven by various other factors like advancements in the quality of medical disposables and others that help the market to grow during the forecast period.

Restraint

The market growth of Saudi Arabia disposables and consumer goods market is hampered by various factors like stringent regulatory challenges, supply chain issues, contamination of the products and other factors that decline the growth of the overall saudi arabia medical disposables and consumer goods market.

Market Segmentation Analysis

The Saudi Arabia medical disposables & consumer goods market is segmented based on product type, material type and end-user.

The disposables segment from the product type segment accounted for approximately 51.2% of the Saudi Arabia medical disposables & consumer goods market share

The disposables segment from the product type segment accounted for approximately 51.2% and is expected to dominate during the forecast period. The market for medical disposables and consumer goods in Saudi Arabia is dominated by prosegment disposables due to rising pollution, industrialization, and COVID-19 impact. The increasing number of daily surgeries and the virus's spread are promoting the use of disposable face masks, which act as protective shields, germ prevention, and reduce environmental toxins exposure.

For instance, according to the WHO guidelines, the air quality in Saudi Arabia is considered unsafe. The most recent data in IAMAT indicates the country's annual mean concentration of PM2.5 is 88 µg/m3, surpassing the recommended maximum of 10 µg/m3. Thus, the rising pollution level in Saudi Arabia will augment the segment growth. Moreover, increasing airborne diseases, growing consumption of masks for personnel use, and an upsurge in cases of hospital-acquired infections will also create high demand for disposable face masks.

COVID-19 Impact Analysis

COVID-19 has significantly impacted the medical disposables and consumer goods market in Saudi Arabia, with increased demand for PPE and other supplies. The government has increased local production to meet this demand. However, supply chain disruptions have led to a shortage of raw materials and components, resulting in increased prices. Travel restrictions have also impacted the import and export of medical disposables and consumer goods further exacerbating the shortage.

Competitive Landscape

The major players in the market include SABIC, Cigalah Group, Al Shidani Middle East L.L.C, Smith & Nephew PLC, Bayer AG, Becton, Dickinson and Company, 3M, Abbott, Johnson & Johnson, Medtronic among others.

Key Developments

• In March 2021, Careon Healthcare Solutions finalized joint ventures in Saudi Arabia and Sri Lanka for surgical, medical disposable products. This might expand the customer base of the firm.
• In December 2020, Jofo Nonwovens Co. and Takween Advanced Industries jointly signed an agreement for the sale of 70.00% of the shares of Advance Fabrics Company (SAAF), a Saudi Arabia-based nonwovens manufacturer. The transaction enables Jofo, to enter the medical market of Saudi Arabia. 

Why Purchase the Report?

• To visualize the Saudi Arabia medical disposables & consumer goods market segmentation based on product type, material type and end-user as well as understand key commercial assets and players.
• Identify commercial opportunities by analysing trends and co-development. 
• Excel data sheet with numerous data points of Saudi Arabia medical disposables & consumer goods market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The Saudi Arabia medical disposables & consumer goods market report would provide approximately 69 tables, 70 figures and 183 pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies