South Africa Soft Drinks Packaging Market - Market Trends and Forecasts (2015 - 2020)
South Africa Soft Drink Packaging market is estimated to grow at a CAGR of 3.8% in terms of the volume sales over the forecast period 2014-2020. Rigid plastic is the most prominent packaging used for retail soft drinks in the South African region. Carbonates along with dilutables such as fruit squashes, together account for 80% of South African soft drink market. Manufacturers are considering convenience and cheaper pack sizes in the innovations in the soft drink packaging. Cheaper pack formats that offer consumers either a lower cash outlay or a bulk saving will be more prevalent. Energy drinks continued to see the entrance of new players in 2014 as more manufacturers recognized the potential of the category. Energy drinks is currently seen as a category where profit margins are much higher than in more mature categories such as carbonates, where competition is also stiff.
Soft Drinks is the second most consumed drink after water, with plastic being the most used material for soft drinks packaging. Efficient packaging solutions offer benefits like ease of use, disposability and enhanced user experience. These benefits has led to growth in demand of packaging solutions for soft drinks segment. The other trend which is augmenting the demand is new and innovative products, which helps manufacturers enhance brand visibility while offering product differentiation.
South Africa Soft Drink Packaging Market is segmented on the basis of Material (Plastic, Paper, Metal, and Glass), Soft Drink Product (Juices, Bottled Water, Energy Drinks, Ready-To-Drink (RTD), and Carbonates), and Products (Beverage Cans, PET Bottles, Cartons and Boxes). This report describes a detailed study of the Porter’s five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies and competition analysis.
The report also considers key trends that will impact the industry and profiles of leading suppliers of South Africa Soft Drink Packaging Market. Some of the top companies mentioned in the report are Pactiv, Amcor, Genpak, Graham Packaging, Ball Corporation, SIG, Tetra Pak International, Placon, Toyo Seikan, Rock Tenn, Nuconic Packaging, The Scoular Company, Owens-Illinois, Crown Holdings, Rexam, Alcoa and Others.
What the report offers
Market Definition for South Africa Soft Drink Packaging along with identification of key drivers and restraints for the market. Market analysis for the South Africa Soft Drink Packaging Market, with region specific assessments and competition analysis on a regional scale. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a regional scale. Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares. Identification and analysis of the Macro and Micro factors that affect the South Africa Soft Drink Packaging market on a regional scale. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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