South Africa Blow Molded Plastics Market Size & Outlook
The blow molded plastics market in South Africa is expected to reach a projected revenue of US$ 1,587.9 million by 2030. A compound annual growth rate of 5.4% is expected of South Africa blow molded plastics market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,095.7
Forecast, 2030 (US$M)
$1,587.9
CAGR, 2024 - 2030
5.4%
Report Coverage
South Africa
Related Markets
South Africa blow molded plastics market highlights
- The South Africa blow molded plastics market generated a revenue of USD 1,095.7 million in 2023 and is expected to reach USD 1,587.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, injection blow molding was the largest revenue generating technology in 2023.
- Injection blow molding is the most lucrative technology segment registering the fastest growth during the forecast period.
Blow molded plastics market data book summary
| Market revenue in 2023 | USD 1,095.7 million |
| Market revenue in 2030 | USD 1,587.9 million |
| Growth rate | 5.4% (CAGR from 2024 to 2030) |
| Largest segment | Injection blow molding |
| Fastest growing segment | Injection blow molding |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Extrusion blow molding, Injection blow molding, Strech blow molding, Compound Blow Molding |
| Key market players worldwide | Gemini Group Global Corp, Exxon Mobil Corp, LyondellBasell Industries NV Class A, INEOS, Magna International Inc, IAC Inc Ordinary Shares - New, Berry Global Group Inc, Dow Inc, Comar |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.4% of the global blow molded plastics market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Gulf Cooperation Council blow molded plastics market is projected to lead the regional market in terms of revenue in 2030.
- Gulf Cooperation Council is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,111.5 million by 2030.
Injection blow molding was the largest segment with a revenue share of 34.93% in 2023. Horizon Databook has segmented the South Africa blow molded plastics market based on extrusion blow molding, injection blow molding, strech blow molding, compound blow molding covering the revenue growth of each sub-segment from 2018 to 2030.
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Blow Molded Plastics Market Scope
Blow molded plastics market segmentation & scope
Blow Molded Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Gemini Group Global Corp | View profile | 4 | 1708 E Altheimer Road, Richmond Hill, ON, Canada | https://www.geminigrpglobalcorp.com |
| IAC Inc Ordinary Shares - New | View profile | 9500 | 555 West 18th Street, New York, NY, United States, 10011 | https://www.iac.com |
| INEOS | View profile | 10001+ | Rolle, Geneve, Switzerland, Europe | http://www.ineos.com/ |
| Magna International Inc | View profile | 179000 | 337 Magna Drive, Aurora, ON, Canada, L4G 7K1 | https://www.magna.com |
| Comar | View profile | 251-500 | Voorhees, New Jersey, United States, North America | https://www.comar.com |
| Berry Global Group Inc | View profile | 44000 | 101 Oakley Street, Evansville, IN, United States, 47710 | https://www.berryglobal.com |
| Exxon Mobil Corp | View profile | 61500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | https://www.exxonmobil.com |
| LyondellBasell Industries NV Class A | View profile | 20000 | One Vine Street, 4th Floor, London, United Kingdom, W1J0AH | https://www.lyondellbasell.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
South Africa blow molded plastics market size, by technology, 2018-2030 (US$M)
South Africa Blow Molded Plastics Market Outlook Share, 2023 & 2030 (US$M)
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