South Africa Pouches Market Size & Outlook, 2023-2030
South Africa pouches market, 2018-2030 (US$M)
Related Markets
South Africa pouches market highlights
- The South Africa pouches market generated a revenue of USD 321.9 million in 2023 and is expected to reach USD 462.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2023.
- Bioplastics is the most lucrative material segment registering the fastest growth during the forecast period.
Pouches market data book summary
| Market revenue in 2023 | USD 321.9 million |
| Market revenue in 2030 | USD 462.5 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Bioplastics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Paper, Metal, Bioplastics |
| Key market players worldwide | Amcor PLC, Mondi PLC, Sealed Air Corp, Constantia Flexibles, Coveris, Goglio Group, ProAmpac, Gualapack SpA, Huhtamäki Oyj, Smurfit Kappa Group PLC |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.8% of the global pouches market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa pouches 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 462.5 million by 2030.
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Pouches Market Scope
Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa pouches 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 pouches market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 64.68% in 2023. Horizon Databook has segmented the South Africa pouches market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa was one of the leading economies in the Middle East & Africa and was the third-largest economy in Africa in 2020. It is an emerging manufacturing hub with high industrialization along with a significant presence of end-use manufacturers.
Moreover, the considerable presence of pouch manufacturers in the country including Kangopak, Cispak, Swiss Pac South, Kolysen Packaging Integration Co., Ltd., and others is expected to favor market growth in the coming years.
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Target buyers of South Africa pouches market databook
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Our clientele includes a mix of pouches market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa pouches market , including forecasts for subscribers. This country databook contains high-level insights into South Africa pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa pouches market size, by material, 2018-2030 (US$M)
South Africa Pouches Market Outlook Share, 2023 & 2030 (US$M)
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