African Plastic Machinery Market
The African plastics industry is just developing, and the incremental demand for plastic machinery is relatively larger than that of other developed markets. Africa has gradually become an emerging potential market for plastic machinery. Many well-known plastic machine manufacturers are using the latest research and development of blow molding machines, plastic bag printing machines, plastic injection molds and other models to communicate with French-speaking countries such as North Africa and West Africa through France. Its influence has entered into emerging potential markets such as Egypt, Morocco, and Tunisia.
Even if the scale of the African market is not large from a global perspective, the managers of the Indian machinery industry said that the construction of factories on the African continent is now in full swing. In the past, everything in Africa relied on imports. And now, everyone wants to build a factory in Africa. This is an important market. "
It is reported that French rubber and plastic machinery manufacturers are gradually expanding the market in this area. The annual sales volume of French rubber and plastic machinery is about 1.9 billion US dollars, ranking fourth in the world after Japan, the United States and Germany. According to plastic machinery industry sources, African countries have a large demand for blow molding machines for the production of plastic bags. In South Africa, foreign investment in automobile factories has a certain demand for plastic injection machines. It is worthwhile for manufacturers to explore the African plastic market.
African experts have put forward the growing growth of the African middle class and various new economic development possibilities after years of reforms. Although Africa's economy is relatively backward, its plastics industry is also in its infancy. However, from a long-term analysis, Africa will be a larger plastic machinery market, and it will also become the focus of competition among the world's major rubber and plastic equipment manufacturers.
Kenyan packaging industry development status and investment prospects
The post-harvest loss due to insufficient packaging and lack of proper processing technology is as high as 30%, and up to 70% of fruits and vegetables have to be wasted. The overall increase in per capita income in Kenya has led to increased consumption of packaged food and fast-moving consumer goods. This has a direct impact on the rapid growth of its plastic packaging market.
In the past few years, Kenya has almost completely relied on imports for the production of plastic packaging raw materials. Therefore, establishing strategic partnerships with raw material suppliers and strengthening recycling measures will help reduce the expenditure on imported plastic resin. In the Kenyan plastic packaging market, polyolefins are the most revenue-generating materials in the material field. PET is the plastic resin with the second largest consumption after polyolefins, and due to its wide application in food and beverage packaging, it is expected to maintain a dominant position in the market.
Africa's packaging industry will grow substantially in the next few years
The business of the packaging industry in Africa has grown substantially in recent years, and global packaging equipment suppliers are striving to enter the market, hoping to also obtain more business opportunities in the growth of the African consumer-led market.
The major food and beverage markets in sub-Saharan Africa grew by 18% in 2015. In the next 20 years, the market level of cities in this region is expected to increase fourfold. The growth of the packaging industry in sub-Saharan Africa is due to the most favorable demographic structure in the world: Africa has the youngest population of all continents.
It is estimated that one third of the 1.2 billion people in the sub-African region are middle-class consumers. Ucima, the Italian Packaging Machinery Manufacturers Association, predicts that by 2018, global packaging machinery demand will grow by about 4.9% annually, and most of the demand growth will come from Africa, second only to Asian growth.
South Africa has a strong demand for packaging. The first beverage carton recycling plant on the African continent, jointly built by global food packaging solutions provider Tetra Pak and South Africa Gayatri Paper Mills, was launched in Germiston. South African packaging manufacturers have also upgraded their equipment by introducing all-electric blow molding machines. Polyoak Packaging is the largest rigid packaging manufacturer in South Africa, with 8 branches and 32 manufacturing plants.
The other two leading regional packaging markets in Africa are the East African market dominated by Kenya and the West African market dominated by Nigeria. In the summer of 2016, Ishida Europe signed a cooperation agreement with Kenya’s top packaging machinery supplier Allwin Packaging International to enter the East African food market. Design, manufacture and sell various machines, and provide integrated complete packaging lines for fresh food and fast food applications. The company has recently launched a series of new multihead weighing machines and checkweighers, and is seeking distribution in the East African market. Help and support the growth of East African food manufacturers by effectively using automation in markets such as snacks, nuts, grains, beans and sugar.
Kenyan packaging industry development
The rapid growth of the Kenyan middle class has promoted the growth of demand for food, beverages and fast-moving consumer goods, as well as the transformation and upgrading of industry and agriculture, and has therefore given birth to the rapid development of the Kenyan packaging industry. The global demand for packaging machinery grows by about 4.9% annually, and most of the demand growth will come from Africa. At present, South Africa and Kenya dominated East Africa and Nigeria dominated the West African market is the largest demand market for packaging products and packaging machinery in Africa.