South Africa Returnable Packaging Market Size & Outlook
South Africa returnable packaging market, 2018-2030 (US$M)
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South Africa returnable packaging market highlights
- The South Africa returnable packaging market generated a revenue of USD 772.8 million in 2023 and is expected to reach USD 1,069.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, plastic was the largest revenue generating material in 2023.
- Metal is the most lucrative material segment registering the fastest growth during the forecast period.
Returnable packaging market data book summary
| Market revenue in 2023 | USD 772.8 million |
| Market revenue in 2030 | USD 1,069.1 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Plastic |
| Fastest growing segment | Metal |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastic, Metal, Wood |
| Key market players worldwide | AMETEK Inc, Incitec Pivot Ltd, Packaged Pumping Stations, Tri-pack Packaging Systems, ORBIS Corp., Nefab Group, CHEP, Four U Packaging & Supplies, UBEECO Packaging Solutions, Returnable Packaging Resource, RPP Containers, Brookfield Business Partners LP |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.7% of the global returnable packaging 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 returnable packaging 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 1,069.1 million by 2030.
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Returnable Packaging Market Scope
Returnable Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa returnable 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 returnable packaging market will help companies and investors design strategic landscapes.
Plastic was the largest segment with a revenue share of 61.15% in 2023. Horizon Databook has segmented the South Africa returnable packaging market based on plastic, metal, wood covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa is one of the promising countries in the Middle East and Africa and is emerging as a manufacturing hub over the past decade. Lack of structured incentives for waste management, and recycling, and lack of awareness among the industry participants regarding sustainable and green packaging are the major challenges faced by the local government.
The food and beverage industry is one of the promising industries in South Africa. Exports of agricultural products were valued at USD 10.7 billion in 2019 which included export of citrus, table grapes, wine, corn, and wool. Increasing exports of these products are expected to create demand for bulk packaging solutions like FIBCs, crates, and containers in the countries.
The pharmaceutical industry is one of the promising industries in South Africa. The outbreak of the COVID-19 pandemic has resulted in a sudden surge in demand for healthcare equipment in the country.
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Our clientele includes a mix of returnable packaging market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa returnable packaging market , including forecasts for subscribers. This country databook contains high-level insights into South Africa returnable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa returnable packaging market size, by material, 2018-2030 (US$M)
South Africa Returnable Packaging Market Outlook Share, 2023 & 2030 (US$M)
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