South Africa Aluminum Foil Market Size & Outlook
South Africa aluminum foil market, 2017-2030 (US$M)
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South Africa aluminum foil market highlights
- The South Africa aluminum foil market generated a revenue of USD 187.2 million in 2021 and is expected to reach USD 243.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 3% from 2022 to 2030.
- In terms of segment, other products was the largest revenue generating product in 2021.
- Blister Packs is the most lucrative product segment registering the fastest growth during the forecast period.
Aluminum foil market data book summary
| Market revenue in 2021 | USD 187.2 million |
| Market revenue in 2030 | USD 243.3 million |
| Growth rate | 3% (CAGR from 2021 to 2030) |
| Largest segment | Other products |
| Fastest growing segment | Blister Packs |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wrapper Foils, Container Foils, Foil Lids, Pouches, Blister Packs, Other Products |
| Key market players worldwide | Amcor, Eurofoil, Hindalco Industries Ltd GDR, Huawei Technologies, UACJ, Carcano Antonio SpA, Assan Alüminyum Sanayi ve Ticaret, Ess Dee Aluminium Limited, Laminazione Sottile, Shanghai Metal Corporation, Zhejiang Mingdao Aluminum Co. |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.8% of the global aluminum foil market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia aluminum foil market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 361.1 million by 2030.
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Aluminum Foil Market Scope
Aluminum Foil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa aluminum foil 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 aluminum foil market will help companies and investors design strategic landscapes.
Other products was the largest segment with a revenue share of 32% in 2021. Horizon Databook has segmented the South Africa aluminum foil market based on wrapper foils, container foils, foil lids, pouches, blister packs, other products covering the revenue growth of each sub-segment from 2017 to 2030.
South Africa is expected to account for a significant share of the overall aluminum foil market in the Middle East & Africa in the coming years owing to continued investments by the government of the country in infrastructure development and residential & commercial building construction projects, as well as in tourism and automotive industries.
For instance, in June 2021, the Department of Tourism of South Africa announced an investment worth USD 36.0 million (ZAR 537.0 million) for tourism infrastructure development projects in the country. This investment has been made for the development of villages, townships, and small dorpies in South Africa that are expected to increase the consumption of HVAC appliances in the country.
For instance, in October 2021, TOYOTA MOTOR CORPORATION announced an investment worth USD 0.15 billion (ZAR 2.6 billion) for the construction of a new hybrid vehicle manufacturing plant in the KwaZulu-Natal province of South Africa. The plant is expected to begin operations by 2024.
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Our clientele includes a mix of aluminum foil market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa aluminum foil market , including forecasts for subscribers. This country databook contains high-level insights into South Africa aluminum foil market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa aluminum foil market size, by product, 2017-2030 (US$M)
South Africa Aluminum Foil Market Outlook Share, 2021 & 2030 (US$M)
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