Market Share of South Africa Metal Packaging Industry
The South Africa Metal Packaging Market industry is extremely competitive and capital-intensive, resulting in only a handful of national and international processors dominating the market. The firms such as Nampak Bevcan, Hulamin Limited, GZI Industries Limited, Can It, and others keep innovating and entering into strategic partnerships to retain their market share.
In July 2022, Tiger Brands conveyed that it will continue its operations at its deciduous fruit business Langeberg & Ashton Foods (L&AF) for a further season. The decision was taken after a compact was agreed upon with organized labor, L&AF employees, and the Canning Fruit Producers Association members allowing the Company to undertake the significant risk required to operate the business for the forthcoming season. Tiger Brands will continue to engage with interested parties toward executing a transaction that could provide for the continuation of a sustainable deciduous fruit processing operation beyond the 2022/3 season. In May 2020, Tiger Brands announced its intent to exit the deciduous fruit business following a strategic review and formed part of efforts to better align its portfolio to the Group's future growth aspirations on the African continent and focus on manufacturing, marketing, and distributing everyday branded food and beverages. Over the past two years, Tiger Brands has sought to find a buyer for the L&AF business with a view to ensuring a controlled exit through the disposal of the business.
In March 2022, a South African alcoholic beverage brand switched to cans after a shortage of glass bottles left it struggling to get its popular cider to retailers. Distell, Africa's leading cider producer, has launched a limited edition of can packaging for its Savanna brand following the glass shortage. The cider has only been sold in bottles since its launch, but Distell, which also produces other brands like Hunter's and Klipdrift, has been struggling with a 'severe' glass shortage in South Africa, which forced it to consider cans.
South Africa Metal Packaging Market Leaders
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Nampak Ltd.
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Can It
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Amopack Can Maufacturers
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Metcan Manufacturing cc.
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Hulamin Limited
*Disclaimer: Major Players sorted in no particular order
