BRICdata has prepared the report titled "Packaging Industry Outlook in South Africa: Market Size, Key Trends, Drivers and Challenges to 2016", which offers comprehensive market analysis, insights and information on the South African packaging industry and is available in MarketPublishers.com.
Significant growth was recorded by the South African packaging industry during the review period because of an increase in the amount spent by consumers on food and an increasing demand from end-user markets such as beverages and food, personal care and pharmaceutical products. A CAGR of 6.05% was posted by the industry during the review period to attain a market value of US$6.6 billion in 2011.
The changing lifestyles of the population, economical imports due to low excise duty, recycling trends, technological advancements and a shift from plastics to glass are some of the factors impacting the South African packaging industry.
The features of the report are:
- Historic, present and forecast values and trends for the South African packaging industry, which include individual categories
- Detailed, country-specific analysis of the industry’s market attractiveness, encompassing major trends and drivers, the competitive landscape of South Africa and benchmarking with other major markets
- Analysis and description of the end-user markets and packaging categories for the overall packaging industry and
- Porter’s Five Forces Analysis of all individual categories and the overall packaging industry.