South Africa Corrugated Board Market Size & Outlook
South Africa corrugated board market, 2018-2030 (US$M)
Related Markets
South Africa corrugated board market highlights
- The South Africa corrugated board market generated a revenue of USD 1,464.1 million in 2022 and is expected to reach USD 2,131.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 4.8% from 2023 to 2030.
- In terms of segment, c flute was the largest revenue generating flute type in 2022.
- A Flute is the most lucrative flute type segment registering the fastest growth during the forecast period.
Corrugated board market data book summary
| Market revenue in 2022 | USD 1,464.1 million |
| Market revenue in 2030 | USD 2,131.8 million |
| Growth rate | 4.8% (CAGR from 2022 to 2030) |
| Largest segment | C flute |
| Fastest growing segment | A Flute |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | A Flute, B Flute, C Flute, E Flute, F Flute |
| Key market players worldwide | International Paper Co, Georgia-Pacific, WestRock Co, Packaging Corp of America, Stora Enso Oyj Ordinary Shares - Class R, Oji Holdings Corp, Smurfit Kappa Group PLC, Mondi PLC, DS Smith PLC |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.1% of the global corrugated board market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa corrugated board market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,131.8 million by 2030.
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Corrugated Board Market Scope
Corrugated Board Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa corrugated board 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 corrugated board market will help companies and investors design strategic landscapes.
C flute was the largest segment with a revenue share of 31.18% in 2022. Horizon Databook has segmented the South Africa corrugated board market based on a flute, b flute, c flute, e flute, f flute covering the revenue growth of each sub-segment from 2018 to 2030.
South African population with increasing spending power and growing industrialization is likely to push demand for various FMCG products and thereby its packaging. All of these products are required to be packaged in hygienic and safer containers for shipping.
Therefore, growing food industry in the country would propel market growth. Additionally, players such as Sappi Limited (based in South Africa) are operating in the country and are engaged in offering various packaging solutions, which in turn, would support the growth of the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa corrugated board market , including forecasts for subscribers. This country databook contains high-level insights into South Africa corrugated board market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa corrugated board market size, by flute type, 2018-2030 (US$M)
South Africa Corrugated Board Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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