South Africa Fresh Food Packaging Market Size & Outlook
- Packaging & Packaging Solutions
- Packaging Solutions
- Fresh Food Packaging Market Outlook
- Packaging Solutions
South Africa Fresh Food Packaging Market, 2017-2028 (US$B)
Global Market
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South Africa fresh food packaging market highlights
- The South Africa fresh food packaging market generated a revenue of USD 0.8 billion in 2020 and is expected to reach USD 1.1 billion by 2028.
- The South Africa market is expected to grow at a CAGR of 5.2% from 2021 to 2028.
- In terms of segment, rigid was the largest revenue generating type in 2020.
- Flexible is the most lucrative type segment registering the fastest growth during the forecast period.
Fresh food packaging market data book summary
| Market revenue in 2020 | USD 0.8 billion |
| Market revenue in 2028 | USD 1.1 billion |
| Growth rate | 5.2% (CAGR from 2020 to 2028) |
| Largest segment | Rigid |
| Fastest growing segment | Flexible |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Rigid, Flexible |
| Key market players worldwide | Amcor PLC, DS Smith PLC, Mondi PLC, Coveris, Transcontinental Inc Shs -A- Voting Subord., Constantia Flexibles, Sealed Air Corp, Sonoco Products Co, Huhtamäki Oyj, Clondalkin Group, ProAmpac, Genpak, Winpak Ltd |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.6% of the global fresh food packaging market in 2020.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Middle East & Africa, South Africa fresh food packaging market is projected to lead the regional market in terms of revenue in 2028.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1.1 billion by 2028.
South Africa is one of the fastest-growing economies in the Middle East and Africa as of 2020. The ever expanding population of the country is creating additional demand for food products, including fruits, vegetables, and dairy products, which are expected to have a positive impact on the demand for fresh food packaging.
Flexible fresh food packaging is expected to witness the highest growth over the forecast period owing to growing consumer preference for economical packaging solutions. Increasing usage of films, wraps, and pouches by meat and fish manufacturers is expected to have a significant impact on the growth of flexible packaging over the forecast period.
Key Regions:U.S., UK, Japan, Brazil, Netherlands
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Publish Date: Aug 26, 2024
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Fresh Food Packaging Market Scope
Fresh Food Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sonoco Products Co | View profile | 23,000 | 1 N. Second Street, Hartsville, SC, United States, 29550 | www.sonoco.com |
| Huhtamäki Oyj | View profile | 17,868 | Revontulenkuja 1, Espoo, Finland, 02100 | www.huhtamaki.com |
| Amcor PLC | View profile | 41,000 | 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP | www.amcor.com |
| Sealed Air Corp | View profile | 17,000 | 2415 Cascade Pointe Boulevard, Charlotte, NC, United States, 28208 | www.sealedair.com |
| Mondi PLC | View profile | 21,773 | The Heights, Brooklands, Ground Floor, Building 5, Weybridge, Surrey, United Kingdom, KT13 0NY | www.mondigroup.com |
| Constantia Flexibles | View profile | 5001-10000 | Vienna, Wien, Austria, Europe | www.cflex.com |
| Genpak | View profile | 1001-5000 | Charlotte, North Carolina, United States, North America | www.genpak.com |
| DS Smith PLC | View profile | 29,672 | 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL | www.dssmith.com |
| Transcontinental Inc Shs -A- Voting Subord. | View profile | 8,131 | 1 Place Ville Marie, Suite 3240, Affaires Juridiques,, A/s Caroline Hamel, Montreal, QC, Canada, H3B 0G1 | tctranscontinental.com |
| Coveris | View profile | 5001-10000 | Chicago, Illinois, United States, North America | www.coveris.com/ |
South Africa Fresh Food Packaging Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Fresh Food Packaging Market Outlook will help companies and investors design strategic landscapes.
Rigid was the largest segment with a revenue share of 50.0% in 2020.
Horizon Databook has segmented the South Africa fresh food packaging market based on rigid, flexible covering the revenue growth of each sub-segment from 2017 to 2028.
South Africa is one of the fastest-growing economies in the Middle East and Africa as of 2020. The ever expanding population of the country is creating additional demand for food products, including fruits, vegetables, and dairy products, which are expected to have a positive impact on the demand for fresh food packaging.
Flexible fresh food packaging is expected to witness the highest growth over the forecast period owing to growing consumer preference for economical packaging solutions. Increasing usage of films, wraps, and pouches by meat and fish manufacturers is expected to have a significant impact on the growth of flexible packaging over the forecast period.
- South Africa Fresh Food Packaging Market Type Outlook (Revenue, USD Million , 2017-2028)
- Rigid
- Flexible
- South Africa Fresh Food Packaging Market Material Outlook (Revenue, USD Million , 2017-2028)
- Plastics
- Paper & Paper Board
- Bagasse
- Polylactic Acid
- Others
- South Africa Fresh Food Packaging Market Application Outlook (Revenue, USD Million , 2017-2028)
- Eggs, Meat & Seafood
- Fruits & Vegetables
- Dairy Products
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa Fresh Food Packaging Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Africa Fresh Food Packaging Market Outlook from 2017 to 2028, including revenue numbers, major trends, and company profiles.
South Africa Fresh Food Packaging Market, 2017-2028 (US$B)
South Africa fresh food packaging market statistics, by type, 2017-2028 (US$M)
