The Packaging Industry in South Africa Market size is estimated at USD 10.82 billion in 2024, and is expected to reach USD 13.49 billion by 2029, growing at a CAGR of 4.52% during the forecast period (2024-2029).
The market is being driven by an increasing number of young consumers, increased demand for consumer goods, and a growing economy in South Africa.
The South African packaging market is fragmented, with the presence of many players that constitute a considerable share of the market. These major players with a prominent market share are focusing on expanding their customer base worldwide and leveraging strategic initiatives to increase their market share and profitability.
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