Market Share of South Africa Plastic Packaging Industry
The South African Plastic Packaging Market is competitive and consists of a few influential players. In terms of market share, some of these important actors currently manage the market. These influential players with a noticeable share in the market are concentrating on expanding their customer base across foreign countries. These businesses are leveraging strategic collaborative actions to improve their market percentage and enhance their profitability.
- August 2021 - SPAR announced new sustainability goals with the introduction of several green initiatives for the next four years. SPAR has also committed to having 100% of plastic packaging which is reusable, recyclable, or compostable by 2025. A few of the included initiatives are; the introduction of 100% recycled plastic bags that will allow diverting nearly 4000 tons of waste from landfills and the introduction of new non-toxic, odorless, and eco-friendly firelighters made using dung sourced from rhinoceros.
- July 2021, The Austrian plastic packaging manufacturer Alpla Group acquired South Africa-based packaging manufacturer Verigreen Packaging to allow Alpla to expand its presence in southern Africa and offer them an inroad into a market segment in which the group does not operate in the region.
- July 2020 - Coca-Cola Beverages South Africa (CCBSA) expanded the roll-out of 2L returnable PET bottles across Northern Gauteng, Limpopo, and Mpumalanga to help reduce plastic waste after a successful pilot in the eastern cape pilot project in 2019.
South Africa Plastic Packaging Market Leaders
Amcor PLC
Mpact Ltd.
Constantia Flexibles
Tetra Pak
RPC Astrapak Limited
*Disclaimer: Major Players sorted in no particular order
