South Africa Protective Packaging Market Share

Market Share of South Africa Protective Packaging Industry

The South African protective packaging market is consolidated due to the presence of limited firms in the country, where few firms hold significant market shares. The market witnessed few acquisitions, whereas product innovations took place significantly. Some key market players include the Mondi Group, Sealed Air Corporation, Packman Industrial Packaging, VitaTex (Pty) Ltd, and Dura Pack (Pty) Ltd.

• In September 2022, Sealed Air introduced a new line of protective packaging under the name BUBBLE WRAP. The Fill-Air Extreme Efficiency Recycled Material Films claim to include at least 50% recycled plastic, of which 30% is believed to have come from post-consumer trash and 20% from post-industrial recycled content. This ultra-thin, 12.7-micron film aims to minimize the material required to package breakable goods while maximizing air retention to ensure its protection.
• In February 2022, Smurfit Kappa partnered with Mindful Chef, a prominent provider of recipe boxes, to improve the sustainability of the company's packaging and lower its carbon footprint. A 100% recyclable substitute that was better for the environment while still sustaining the requisite temperatures for lengthy periods was developed by experts at Smurfit Kappa's Experience Centre. The new approach uses compact, two-piece telescopic corrugated cardboard insulation packs with a 30% reduced carbon footprint than the old insulation.

South Africa Protective Packaging Market Leaders

1. Sealed Air Corporation

2. Packman Industrial Packaging

3. VitaTex (Pty) Ltd

4. Dura Pack (Pty) Ltd

5. Amcor Ltd.

*Disclaimer: Major Players sorted in no particular order