SOUTH AFRICA FOOD WRAPPING FILMS MARKET

INTRODUCTION

Food plastic wrap, sometimes referred to as cling film, food wrap, and saran wrap, is a thin plastic film that is frequently used for sealing and holding food products in containers to keep them fresh. Food Plastic wrap comes in individual rolls as well, although the roll in a box with a cutting edge is more typical. Plastic wrap, cling film, Saran wrap, cling wrap, and Glad wrap are all terms for a thin plastic film that is frequently used to encapsulate food items in containers so they can retain their freshness for a longer period of time. Since plastic wrap adheres to many smooth surfaces and is frequently offered in rolls in boxes with a cutting edge, it can maintain its snug fit over a container's opening without glue. 

PVC, the material originally used to make plastic wrap, is still the most widely used substance in the world. The preservation and safeguarding of food is the primary function of plastic wrap in food packing. Food that has been wrapped in plastic can remain fresh longer and have a longer shelf life.  Although food wrapping films are practical for many uses, it's important to note that their use raises significant environmental issues. Since they are frequently made of non-biodegradable polymers, they add to plastic waste and the possibility of pollution. Sustainable alternatives, such as compostable or biodegradable food wrappers made of materials like plant-based plastics or cloth wraps impregnated with beeswax, have gained popularity in recent years. These options nevertheless offer comparable functionality while attempting to lessen the negative effects of food packing on the environment. 

SOUTH AFRICA FOOD WRAPPING FILMS MARKET SIZE AND FORECAST

The South Africa Food wrapping films market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

 A new line of compostable goods has been introduced by the leading supplier of flexible packaging and lidding films worldwide, KM Packaging. Shrink wrap, stretch wrap, sticky tape, netting, and bags are all part of the C-Range of bio-plastic packaging materials. It expands KM's selection of environmentally friendly flexible packaging options and gives consumers more options. Shrink film that is commercially compostable is excellent for packaging fruits, vegetables, baked products, multi-packs, and as a secondary wrap for packaged goods. The bioplastic items were created in collaboration with Treetop Biopak, a company that specializes in offering cutting-edge solutions for compostable packaging.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Food wrapping films are manufactured per annum in South Africa? Who are the sub-component suppliers in different regions?
2. Cost breakup of a South Africa Food wrapping films and key vendor selection criteria
3. Where is the Food wrapping films manufactured? What is the average margin per unit?
4. Market share of South Africa Food wrapping films market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture South Africa Food wrapping films in-house
6. key predictions for next 5 years in South Africa Food wrapping films market
7. Average B-2-B Food wrapping films market price in all segments
8. Latest trends in Food wrapping films market, by every market segment
9. The market size (both volume and value) of the Food wrapping films market in 2023-2030 and every year in between?
10. Production breakup of Food wrapping films market, by suppliers and their OEM relationship