South Africa Flexible Plastic Packaging Market Size (2024 - 2029)

South Africa Flexible Plastic Packaging Market Analysis

The South Africa Flexible Plastic Packaging Market size in terms of shipment volume is expected to grow from 0.47 Million tonnes in 2024 to 0.61 Million tonnes by 2029, at a CAGR of 5.35% during the forecast period (2024-2029).

Flexible plastic packaging, known for its durability and toughness, is the top choice for many manufacturers. In South Africa, factors like urbanization, rising incomes, and a booming food industry are driving the growth of the market studied.

South Africa's expanding food industry is witnessing a surge in interest in plant-based and meat-alternative products, fueled by the popularity of vegan diets and the rise of online food retail. Concurrently, the country's urbanization, spurred by economic growth, is amplifying the demand for packaged foods, ready-to-eat meals, and bakery items.

Moreover, the changing consumer tastes in the food and beverage industry are reshaping the market. The preference for smaller packaging formats like multipacks, pouches, and bags is a key driver of this growth. Moreover, the rising appetite for snacking staples like cookies, crackers, chips, and pretzels in South Africa is driving up the need for multi-layer packaging made with bi-oriented polypropylene (BOPP) or polyethylene (PE), enhancing product protection.

According to the International Trade Administration, South Africa is Sub-Saharan Africa's largest pharmaceutical market. Bolstered by better healthcare infrastructure and government-driven policies promoting local drug production, the pharmaceutical industry is increasingly turning to flexible packaging solutions like blister packs and laminated films, ensuring products are shielded from elements like moisture and oxygen.

However, amid this growth, South Africa is facing mounting concerns over plastic waste, especially its impact on water bodies and marine life. The market is further challenged by a rising trend among manufacturers to pivot toward non-plastic materials, like paper, for their flexible plastic packaging solutions.

South Africa Flexible Plastic Packaging Industry Segmentation

The study on the South African flexible plastic packaging market tracks demands in terms of revenue for flexible plastic packaging by material. It tracks the market size for respective end-user types. The estimates for the market studied include all the costs associated with the manufacturing of flexible plastic packaging, from raw material procurement to end-use industries. The estimates exclude the cost of the content that is or is to be packed inside the flexible plastic packaging. The scope of the flexible plastic packaging market is limited to B2B demand. Market numbers have been arrived at using both bottom-up and top-down approaches for segmentation, and volume has also been considered.

The South Africa Flexible Plastic Packaging Market Report is Segmented by Material (Polyethene [PE], Bi-Oriented Polypropylene [BOPP], Cast Polypropylene [CPP], Polyvinyl Chloride [PVC], Ethylene Vinyl Alcohol [EVOH], and Other Material Types [Polycarbonate, PHA, PLA, Acrylic, and ABS]), Product Type (Pouches, Bags, Films and Wraps, and Other Product Types), End-User Industry (Food [Frozen Food, Dry Food, Meat, Poultry, and Sea Food, Candy & Confectionery, Pet Food, Dairy Products, Fresh Produce and Other Food (Seasonings & Spices, Spreadables, Sauces, Condiments, etc.)], Beverage, Medical and Pharmaceutical, Personal Care and Household Care, and Other End User Industry [Automotive, Chemical, Agriculture]). The market sizes and forecasts are provided in terms of volume (tonnes) for all the above segments.