South Africa Plastic Packaging Market Growth, Size, Trends, Demand, Revenue and Future Outlook
South Africa Plastic Packaging Market Size- By Product Type, By Type of Plastic- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Sep-2024 | Report ID: PACK2414 | Pages: 1 - 109 | Formats*: |
| Category : Packaging | |||
South Africa Plastic Packaging Market Introduction and Overview
According to SPER Market Research, the South Africa Plastic Packaging Market is estimated to reach USD 3.41 billion by 2033 with a CAGR of 3.25%.
The report includes an in-depth analysis of the South Africa Plastic Packaging Market, including market size and trends, product mix, applications, and supplier analysis. Plastic packaging involves utilizing plastic materials to produce containers and wrappers intended for safeguarding, conserving, and showcasing products. It consists of objects like bottles, bags, films, and containers crafted from different kinds of plastics. Plastic packaging is appreciated for its flexibility, long-lasting quality, and efficiency in terms of cost. Assisting in preserving product freshness, prolonging shelf life, and offering convenience for consumers. Nonetheless, it also triggers environmental worries because of problems concerning plastic waste and sustainability, leading to continuous attempts to create greener options and enhance recycling techniques.
- August 2021 - Fight reported new manageability objectives with the presentation of a few green drives for the following four years. Fight has additionally dedicated to having 100 percent of plastic bundling which is reusable, recyclable, or compostable by 2025. A couple of the included drives are; the presentation of 100 percent reused plastic packs that will permit redirecting almost 4000 tons of waste from landfills and the presentation of new non-poisonous, unscented, and eco-accommodating firelighters made utilizing excrement obtained from rhinoceros.
- July 2021- The Austrian plastic bundling maker Alpla Gathering procured South Africa-based bundling producer Verigreen Bundling to permit Alpla to extend its presence in southern Africa and deal them an advance into a market section in which the gathering doesn't work in the district.
Market Opportunities and Challenges
Opportunities- The South African plastic packaging market presents robust opportunities driven by several factors. As urbanization accelerates and consumer demand grows, there is an increasing need for diverse packaging solutions across sectors like food and beverage, pharmaceuticals, and personal care. The push towards sustainability offers significant potential for developing eco-friendly and recyclable packaging options, such as biodegradable plastics. The rise of e-commerce further boosts demand for secure and efficient packaging solutions for product delivery. Additionally, advancements in packaging technologies, including smart packaging and enhanced barrier films, create new market avenues. Regulatory changes aimed at reducing plastic waste also drive investment in sustainable practices and local production, reducing import reliance and costs. Overall, the market is poised for growth, driven by evolving consumer preferences and technological innovations
Challenges- The South African plastic bundling market faces huge difficulties, basically because of natural worries and administrative tensions. Overseeing plastic waste and diminishing contamination are significant issues, requiring headways in reusing and the shift towards practical materials. Expanding guidelines and prohibitions on single-use plastics require fast variation and interest in elective bundling arrangements. Financial limitations, including fluctuating natural substance costs, influence creation expenses and market estimating. Moreover, developing buyer interest for eco-accommodating choices propels makers to enhance, frequently at a greater expense. Deficient reusing foundation further convolutes compelling waste administration. Tending to these difficulties requires a purposeful exertion towards maintainability, mechanical development, and further developed squander the board frameworks.
Market Competitive Landscape
The South Africa Plastic Packaging Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry - Amcor Limited, Constantia, Flexibles Corporation, Italpac (Ltd), Mondi PLC, Mpact Ltd, Nampak Ltd, Nioro Plastics (Pty) Ltd, RPC Astrapak Ltd, Sealed Air Corporation, Tetra Pak Ltd and others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By Type of Plastic. |
| Regions covered | Gauteng, Western Cape, KwaZulu-Natal, Eastern Cape, Northern Cape, Limpopo, Mpumalanga, North West |
| Companies Covered | Amcor Limited, Constantia, Flexibles Corporation, Italpac (Pty) Ltd, Mondi PLC, Mpact Ltd, Nampak Ltd, Nioro Plastics (Pty) Ltd, RPC Astrapak Ltd, Sealed Air Corporation. |
COVID-19 Impact on South Africa Plastic Packaging Market
The COVID-19 pandemic significantly impacted South Africa's plastic packaging market, driving both challenges and opportunities. The surge in demand for single-use plastics, particularly for medical and hygiene products, highlighted the essential role of plastic packaging in health and safety. However, the pandemic also exacerbated issues related to plastic waste and recycling challenges. Supply chain disruptions and economic instability led to fluctuating raw material prices and production delays. Conversely, the increased focus on hygiene and safety spurred innovations in packaging solutions. The pandemic underscored the need for balancing convenience with sustainability and strengthening recycling infrastructure to manage the environmental impact.
Key Target Audience:
- Food and Beverage Industry
- Pharmaceuticals and Healthcare
- Consumer Goods
- Retail and E-commerce
- Recycling and Waste Management
Our in-depth analysis of the South Africa Plastic Packaging Market includes the following segments:
| By Product Type: |
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| By Type of Plastic: |
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Key Topics Covered in the Report:
- South Africa Plastic Packaging Market Size (FY’2024-FY’2033)
- Overview of South Africa Plastic Packaging Market
- Segmentation of South Africa Plastic Packaging Market by Product (Bottles and Jars, Pouches, Bags, Films and Wraps, Other Product Types)
- Segmentation of South Africa Plastic Packaging Market by Type of plastic (Rigid, Flexible, Others)
- Statistical Snap of South Africa Plastic Packaging Market
- Expansion Analysis of South Africa Plastic Packaging Market
- Problems and Obstacles in South Africa Plastic Packaging Market
- Competitive Landscape in the South Africa Plastic Packaging Market
- Impact of COVID-19 and Demonetization on South Africa Plastic Packaging Market
- Details on Current Investment in South Africa Plastic Packaging Market
- Competitive Analysis of South Africa Plastic Packaging Market
- Prominent Players in the South Africa Plastic Packaging Market
- SWOT Analysis of South Africa Plastic Packaging Market
- South Africa Plastic Packaging Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the South Africa Plastic Packaging Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. South Africa Plastic Packaging Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in South Africa Plastic Packaging Market.
7. South Africa Plastic Packaging Market, By Product Type (USD Million) 2020-2033
7.1. South Africa Plastic Packaging Market Size, Share and Forecast, By Product Type, 2020-20267.2. South Africa Plastic Packaging Market Size, Share and Forecast, By Product Type, 2027-20337.3. Bottles and Jars7.4. Pouches7.5. Bags7.6. Films and Wraps7.7. Others
8. South Africa Plastic Packaging Market, By Type of Plastic (USD Million) 2020-2033
8.1. South Africa Plastic Packaging Market Size, Share and Forecast, By Type of Plastic, 2020-20268.2. South Africa Plastic Packaging Market Size, Share and Forecast, By Type of Plastic, 2027-20338.3. Rigid8.4. Flexible8.5. Others
9. South Africa Plastic Packaging Market Forecast, 2020-2033 (USD Million)
9.1. South Africa Plastic Packaging Market Size and Market Share
10. South Africa Plastic Packaging Market, By Region, 2020-2033 (USD Million)
10.1. South Africa Plastic Packaging Market Size and Market Share By Region (2020-2026)10.2. South Africa Plastic Packaging Sand Market Size and Market Share By Region (2027-2033)10.3. Gauteng,10.4. Western Cape10.5. KwaZulu-Natal10.6. Eastern Cape10.7. Northern Cape10.8. Limpopo10.9. Mpumalanga,10.10. North West
11. Company Profile
11.1. Amcor Limited
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. Constantia Co. Ltd
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. Flexibles Corporation
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. Italpac
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. Mondi PLC
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. Mpact Ltd
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. Nampak Ltd
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. Nioro Plastics (Pty) Ltd
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
South Africa Plastic Packaging Market is projected to reach USD 3.41 billion by 2033, growing at a CAGR of 3.25% during the forecast period.
South Africa Plastic Packaging Market grew in Market size from 2024. The Market is expected to reach USD 3.41 billion by 2033, at a CAGR of 3.25% during the forecast period.
South Africa Plastic Packaging Market CAGR of 3.25% during the forecast period.
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South Africa Plastic Packaging Market size is USD 3.41 billion from 2024 to 2033.
South Africa Plastic Packaging Market is covered By Product Type, By Type of Plastic.
The Middle East is anticipated to have the highest Market share in the South Africa Plastic Packaging Market.
The key players in the Market include Companies Covered Amcor Limited, Constantia, Flexibles Corporation, Italpac (Pty) Ltd, Mondi PLC, Mpact Ltd, Nampak Ltd, Nioro Plastics (Pty) Ltd, RPC Astrapak Ltd, Sealed Air Corporation.
Plastic packaging involves utilizing plastic materials to produce containers and wrappers intended for safeguarding, conserving, and showcasing products. It consists of objects like bottles, bags, films, and containers crafted from different kinds of plastics.
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