Plastic electricity pipes factory

Request to study

mashroo3kConsulting Company offers a feasibility study for a plastic electrical pipe factory project in Qatar, with the highest return on investment and the best payback period. This study is based on a series of in-depth studies of the Qatari market size, an analysis of local and foreign competitors’ strategies, and the provision of competitive pricing.

Capital

Return Rate

Payback period Third year

The plastic electrical conduit factory offers a variety of electrical conduit products used for electrical connections in ceilings and walls. The factory targets dealers of electrical appliances, building supplies, and engineering finishes. mashroo3k Consulting Company provides investors interested in investing in a plastic electrical conduit factory project in Qatar with a set of specialized feasibility studies based on up-to-date databases specific to the Qatari market, helping ensure the project’s success and achieving the highest return on investment and the best payback period.

Project products

PVC electrical conduits of various diameters

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.

Water and airtight
Dustproof
Non-conductive
High humidity resistant
Non-flammable
Non-cracking
Highly corrosion and rust resistant
Highly abrasion resistant
Easy to install and maintain
Flexible to bending

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

In 2020, the global plastics market was estimated at approximately $579.7 billion and is expected to reach $750.1 billion by 2028, at a compound annual growth rate (CAGR) of 3.4%. In the GCC region, the plastics industry has grown in recent decades, driven by governments’ desire to diversify their economies and move away from relying on oil and gas as the sole sources of income. The rising demand for plastics in certain industries, such as automotive, packaging, construction, and water pipes, has also been a driving force behind the growth of this vital industry. A report by the Gulf Petrochemicals and Chemicals Association (GPCA) stated that plastics is the second largest industrial sector in the region, with products valued at $108 billion. For those interested in exploring the industry’s indicators in the Kingdom of Saudi Arabia, Mashroo3k will present specific points that can serve as a guide on your investment journey. According to our latest available statistics:

Saudi Arabia accounts for approximately 72% of the Gulf’s plastics production and industries, while the Gulf region as a whole accounts for 9% of the global plastics industry.
Saudi Arabia ranks eighth globally in plastics production and holds 2% of global polymer production.
By the end of the second quarter of 2021, there were more than 222 rubber and plastics factories in Saudi Arabia, representing 11.9% of the total number of factories operating in the Kingdom.
According to the Standard International Trade Classification, the Kingdom’s exports in the “Plastics in Primary Forms” category amounted to SAR 67,824,000,000. The weight of these plastics was estimated at approximately 16,978 tons. For the “Plastics in Non-Primary Forms” category, the value of these exports was estimated at SAR 2,403,000,000, and the weight of these plastics was 384 tons. In the second quarter of 2020, commodity exports of plastics, rubber, and their products were estimated at approximately SAR 13,723,000,000. This figure increased to SAR 22,491,000,000 in the second quarter of 2021.
Operating expenses for rubber and plastics product manufacturing activities now exceed SAR 10,103,147,000, while total revenues for these activities reached SAR 20,148,798,000.
Operating expenses for rubber and plastics product manufacturing activities are expected to rise to SAR 20,264,052,000 in 2027, and operating revenues for these activities are expected to rise to SAR 32,477,785,000 in the same year (2027). This represents a growth rate of 8% for these activities’ expenses, and a growth rate of 5.4% for revenues.

Finally, Mashroo3k confirms that global demand for plastic will triple by 2050. Available data indicates that plastic consumption among individuals in the Gulf Cooperation Council (GCC) countries is on the rise, with per capita plastic consumption estimated at 94 kg/year, according to the latest available statistics.

According to the Organization for Economic Co-operation and Development (OECD), total global plastics production reached 234 million metric tons in 2000, and this figure has risen to 460 million metric tons. This represents a significant growth in the sector’s production. Therefore, Mashroo3k recommends investing in this sector, especially since global plastic waste has increased from 156 million metric tons in 2000 to 353 million metric tons in 2019.

The Global Plastics Sector

The global plastics market was valued at $593 billion in 2021, and by the end of 2022, the market is expected to reach $609.01 billion. The market will expand at a compound annual growth rate of 3.7%, reaching a value of approximately $811.57 billion by the end of 2030.