Plastic bags factory

Request for study

Mashroo3k Consulting Company offers a feasibility study for a plastic bag manufacturing project in Egypt, with the highest profit return and the best payback period, through a series of accurate studies of the Egyptian market size, competitor strategy analysis, and providing competitive pricing offers.

Capital

Rate of return

Recovery period The second year

The plastic bag factory offers a wide range of packaging products for clothing and food items, including garbage bags, medical waste bags, stretch film rolls, and plastic table covers. The factory primarily targets wholesale and retail household goods traders, as well as commercial centers. <Mashroo3k Consulting provides investors interested in establishing a plastic bag factory in Egypt with a set of specialized feasibility studies. These studies are based on up-to-date databases tailored to the Egyptian market, helping to ensure the project’s success, maximize profitability, and achieve the best payback period.

Project products

Plastic bags (shopping bags)
Stretch wrap for packaging.
Rolls of refrigerator and supermarket bags.
Rolls of garbage bags.

Why Mashroo3k ?

Mashroo3k has over 11 years of experience in preparing feasibility studies, conducting market research, and providing comprehensive consulting services.
Mashroo3k has offices in 7 international branches, located in Saudi Arabia, the UAE, Egypt, Qatar, Oman, Yemen, and Iraq, in addition to its agents in China, Singapore, and other countries.
Having delivered over 7,000 feasibility studies, Mashroo3k has helped thousands of clients achieve their investment goals.
Mashroo3k’s services are accredited and trusted by all financial institutions and funding entities across the Middle East.
The company’s geographic reach spans 35 countries across all continents.
Mashroo3k holds membership in over 100 prestigious international organizations specializing in market research and business management.
Its team consists of 350 consultants with deep expertise in promising economic sectors, ensuring tailored solutions and strategies that meet clients’ needs.
Mashroo3k is partnered with more than 10,200 suppliers across 22 countries, providing logistical support for projects, including production lines, raw materials, machinery, and equipment.
With an extensive database, Mashroo3k enhances the accuracy of its forecasts and analyses, strengthening its risk management capabilities.

Products that meet international quality standards.
Cutting-edge manufacturing and packaging technology.
A creative and innovative marketing team.
A management team with ambitious strategic plans.

Executive summary

About the project
Financial indicators
Justifications for establishing the project
Government investment incentives in the project field
Target markets
Indicators and final results of the project

Study project services/products

Project Description and All Its Products/Services.
Project Advantages and Production Requirements.

Market Size Analysis

Understanding Distribution Channels.
Consumer Behavior, Preferences, and Habits.
Competitors’ Products or Services, and Their Strengths and Weaknesses.
Market Nature and Characteristics.
Demand Size for the Product or Service Offered.
Available Market Share of the Target Market.
The Optimal Marketing Method.

Risk Assessment

Risk Identification.
Impact of Risks on the Project.
Risk Mitigation Methods

Technical study

A detailed description of the project’s products, expected production capacity, and determination of investment costs.
Determining the required electricity and water capacity.
Determining the project’s labor requirements.
Determining the project’s requirements.
Calculating construction and building costs.
Calculating the total capital
Determining the annual operating costs.
Determining the amount of working capital.

Financial study

Total investment costs required for the project.
Organizing cash flow statements, income statements, and the balance sheet for the first ten years of operation.
Determine the expected annual revenues of the project in light of the specified operational capacities
The optimal financing structure for the project in light of investors’ capabilities and financing conditions.
The project’s financial indicators and sensitivity analysis.

Organizational and administrative study

Project workforce.
Organizational structure.
Job responsibilities.

The Plastics Sector in the GCC Countries

In 2020, the global plastics market was valued at approximately USD 579.7 billion, and it is expected to reach USD 750.1 billion by 2028, with a compound annual growth rate (CAGR) of 3.4%.
In the Gulf Cooperation Council (GCC) region, the plastics industry has grown significantly over recent decades, driven by government efforts to diversify economies and reduce dependence on oil and gas as sole sources of income.

Moreover, the rising demand for plastic in various industries—such as automotive, packaging, construction, and water piping—has been a key driver behind the growth of this vital sector. A report by the Gulf Petrochemicals and Chemicals Association (GPCA) highlighted that plastics represent the second-largest industrial sector in the region, with products valued at around USD 108 billion.

For those seeking a closer look at industry indicators in the Kingdom of Saudi Arabia, “Mashroo3k” presents key data points that can serve as a guide for your investment journey, based on the most recent available statistics:

Saudi Arabia accounts for approximately 72% of total plastic production in the GCC, while the region as a whole contributes 9% to global plastics manufacturing.
The Kingdom ranks 8th globally in plastics production and holds a 2% share of global polymer output.
As of the end of Q2 2021, there were over 222 rubber and plastics factories in Saudi Arabia, representing 11.9% of all operational factories in the Kingdom.
According to the Harmonized System (HS) classification, Saudi exports in the category of “Plastics in primary forms” were valued at SAR 67.824 billion, with a volume of approximately 16,978 tons. Exports in the “Non-primary plastic forms” category were valued at SAR 2.403 billion, with a volume of 384 tons.
In Q2 2020, the total value of plastic and rubber product exports was estimated at SAR 13.723 billion, increasing to SAR 22.491 billion by Q2 2021.
The operational expenditures of rubber and plastic product manufacturing activities currently exceed SAR 10.103 billion, while total revenues from these activities have reached SAR 20.149 billion.
By 2027, operating expenses in the rubber and plastic manufacturing sector are projected to rise to SAR 20.264 billion, with revenues expected to reach SAR 32.478 billion. This indicates a projected expense growth rate of 8% and a revenue growth rate of 5.4%.

In conclusion, “Mashroo3k” affirms that global demand for plastic is expected to triple by 2050. The available data also highlights the high level of plastic consumption per capita in the GCC region, with the latest statistics indicating that the average annual plastic consumption per individual is estimated at 94 kg.

According to the Organisation for Economic Co-operation and Development (OECD), global plastic production reached 234 million metric tons in the year 2000. This figure surged to 460 million metric tons, reflecting substantial growth in the sector’s output. Therefore, Mashroo3k strongly recommends investing in this sector, especially given that global plastic waste increased from 156 million metric tons in 2000 to 353 million metric tons by 2019.

The Global Plastics Sector

The global plastics market was valued at USD 593 billion in 2021. By the end of 2022, it was expected to reach USD 609.01 billion. The market is projected to expand at a compound annual growth rate (CAGR) of 3.7%, reaching a value of approximately USD 811.57 billion by 2030.