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Mashroo3k Feasibility Studies plastic sector Wood plastic factory project

Wood plastic factory project

Study request

Mashroo3k Economic Consulting offers a feasibility study for a Wood Plastic Composite (WPC) manufacturing plant project in Saudi Arabia, ensuring the highest profitability and optimal payback period. The study is based on in-depth research of the industrial sector in Saudi Arabia, analysis of local and international competitors’ strategies, and the ability to provide competitive pricing offers.

Capital

rate of return

Recovery period Third year

Wood Plastic Factory Project Description

Wood Plastic Factory Project Description

Mashroo3k Company for Economic Consulting provides investors wishing to invest in a wood-plastic factory project in Saudi Arabia, A range of specialized feasibility studies. It is based on up-to-date databases specific to the Saudi market. What makes a project successful. and maximize profitability. and the best payback period.

Wood plastic composite panels are made up of 70% polymer, 15% wood powder, and 15% chemical additives. Wood plastic is an alternative to natural wood, and has several advantages, such as being water and termite resistant. Wood plastic panels are also environmentally friendly, as they are free of formaldehyde, lead, methanol, urea, and other hazardous chemicals.

Wood Plastic Factory Products

Wood Plastic Factory Products

  • Wood plastic interior doors.
  • Wood plastic windows
  • Wooden chairs, tables and floors.
  • Plastic wood kitchens of different sizes.
  • Wood plastic furniture and decorations.
Why mashroo3k ?

Why mashroo3k ?

  • Mashroo3k has over 11 years of experience in preparing feasibility studies, market research, and providing a wide range of consulting services, including administrative, economic, financial, and others.
  • 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.
  • Mashroo3k has provided over 8000 services and feasibility studies, helping thousands of clients achieve their investment goals.
  • Mashroo3k’s services are accredited and trusted by all financial institutions and entities in the Middle East.
  • Mashroo3k’s service coverage extends to 35 countries across all continents.
  • Mashroo3k is a member of over 100 prestigious international institutions specializing in market research and business management.
  • Mashroo3k’s team consists of 350 consultants with extensive knowledge of economic sector indicators and opportunities. Thanks to the diversity of their expertise, they ensure effective solutions and strategies.
  • Mashroo3k is contracted with over 10,200 suppliers in 35 countries to support projects logistically with production lines, raw materials, machinery, equipment, and similar resources.
  • Mashroo3k possesses a vast database that enhances the accuracy of its predictions and analyses, as well as its ability to manage risks effectively.
  • Project features
  • Study Contents
  • Sector Indicators
  • The Project as an Investment Opportunity
مؤشرات القطاع
  • Use of industrial technology.
  • Use of high quality raw materials.
  • The wood plastic industry depends on experts and technicians.
  • Increase the local production of plastic wood.

Executive Summary

  • About the project
  • Financial Indicators
  • Rationale for the project
  • Government investment incentives in the project field
  • Target Markets
  • Project indicators and final results

Study of project services/products

  • Project description and all its products/services.
  • Project advantages and production requirements.

Market size study.

  • Understanding distribution channels.
  • Consumer behavior, preferences, and tendencies.
  • Competitors’ products or services, along with their strengths and weaknesses.
  • Market nature and its characteristics.
  • The demand size for the offered product or service.
  • The available share of the target market.
  • The optimal marketing strategy.

Risk assessment study.

  • Risk identification.
  • The impact of risks on the project.
  • Risk prevention 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.
المشروع كفرصة استثمارية

In 2020. The global plastic market was estimated at approximately $579.7 billion and is expected to reach $750.1 billion by 2028, with a compound annual growth rate (CAGR) of 3.4%.
In the GCC region, the plastics industry has grown significantly in recent decades, driven by government efforts to diversify the economy and reduce reliance on oil and gas as the sole sources of income.
Moreover, the rising demand for plastics in certain industries has further contributed to this growth. Like this: The automotive industry, packaging materials, construction, and water pipes have also played a key role in the growth of this vital industry.
A report by the Gulf Petrochemicals and Chemicals Association (GPCA) stated that plastics are the second-largest industrial sector in the region, with products valued at $108 billion. For those who want to take a look at the indicators of this industry in the Kingdom of Saudi Arabia, “Mashroo3k” Company will present to you specific points that can be a guide in your investment journey; according to the latest statistics available to us:

  • Saudi Arabia accounts for approximately 72% of the Gulf’s plastic production and industries, while the Gulf region as a whole accounts for 9% of the world’s plastic industry.
  • Saudi Arabia ranks 8th in the world in plastic production; it has 2% of the world’s polymer production.
  • By the end of the second quarter of 2021, the number of rubber and plastics factories in Saudi Arabia exceeded 222 factories; these factories represent 11.9% of the total number of factories operating in the Kingdom.
  • According to the Standard International Trade Classification, the Kingdom’s exports of the category “Plastics in primary forms” amounted to 67,824,000,000 riyals. The weight of these plastics was estimated at 16,978 tons. Regarding the category of “plastics in non-primary forms”, the value of these exports was estimated at approximately 2,403,000,000 riyals, and the weight of these plastics was equal to 384 tons.
مؤشرات المشروع
  • In the second quarter of 2020, commodity exports of plastics, rubber and their products were estimated at about 13,723,000,000 riyals, and this figure rose to 22,491,000,000 riyals in the second quarter of 2021.
  • Operating expenses for rubber and plastics manufacturing activities now exceed 10,103,147,000 riyals. While total revenues for these activities reached 20,148,798,000 riyals.
  • Operating expenses of rubber and plastics products manufacturing activities are expected to rise to SAR 20,264,052,000 in 2027 and operating revenues of these activities will rise to SAR 32,477,785,000 in the same year (2027); thus, the growth rate of expenses of these activities is equal to 8%. The revenue growth rate is 5.4%.

Finally, Mashroo3k confirms that the global demand for plastic will triple by 2050; the data we have indicates a high level of plastic consumption among individuals in the GCC countries, with the per capita consumption of plastic estimated at 94 kg/year according to the latest available statistics.

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Keywords: :

Wood plastic factory in Saudi Arabia Wood plastic factory project Wood plastic factory project
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