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0 0.000522284122562694 0.000696378830083551 0.00121866295264624 0.00174094707520894 0.00226323119777151 0.00192026462395535 0
Stock impact report

South Africa Packaging Industry 10 Year Growth Forecasts 2019-2029, Featuring Constantia Flexibles, Berry Astrapak, WestRock, Huhtamaki Springs, Mondi, Sonoco, Tetra, Win-Pak, Detpak, Dalg...

Sonoco Products Company (SON) 
Last sonoco products company earnings: 4/16 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.sonoco.com/investor-relations-0
Company Research Source: Yahoo! Finance
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 Key Highlights The rising household disposable income is another factor driving demand for convenient food products, further propelling the market for fresh food packaging. According to South African Reserve Bank, the households in the country had an average disposable income of ZAR 50,000 (USD 2756.22) in 2021, which was ZAR 47,830 (USD 2636) in 2020. With augmented urbanization and mobility becoming the standard in societies in the country, the move towards small packs and multipacks is becoming more significant. For manufacturers, this trend will create opportunities to encourage brand switching. Traders will adopt these Show less Read more
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