Market Share of South Africa Flexible Plastic Packaging Industry
The South African flexible plastic packaging market is moderately consolidated, with key players such as Amcor PLC, Huhtamaki Oyj, and Flexible Packagers Convertors (Pty) Ltd. These industry giants are bolstering their positions through new product introductions, strategic mergers, acquisitions, and partnerships with local entities.
- In May 2024, Alpla Group, an Austria-based packaging company, announced its strategic partnership with Re-Purpose, a South Africa-based company, to boost polyethylene terephthalate (PET) recycling in South Africa. Alpla aims to invest USD 65 million in developing a PET recycling plant in KwaZulu-Natal, South Africa. The plant is expected to produce more than 35,000 metric tons of recycled PET (rPET) annually.
South Africa Flexible Plastic Packaging Market Leaders
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Amcor PLC
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Huhtamaki Oyj
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Constantia Flexibles
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Berry Global Inc.
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Flexible Packagers Convertors (Pty) Ltd
*Disclaimer: Major Players sorted in no particular order
