Insight

African PET Market - A Future for Growth

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18 November 2020

African PET Market - A Future for Growth

Report summary

Africa is home to around 17% of the global population, with total VPET demand equating to around 4.9% of global consumption. Africa has the world’s youngest and fastest-urbanising population, with an average of 24 million more people forecast to move to cities each year between 2015-2045. Sub-Saharan Africa’s population of more than 1 billion people is currently growing at around 2.7% a year – more than twice as fast as South Asia (1.2%) and Latin America (0.9%). These rapidly increasing urban populations will result in sustained and substantial growth in future PET demand, and whilst Africa has struggled economically in the past, it has the potential to become one of the major sources of global growth.

Table of contents

  • Region Profile
  • PET resin production
  • African Free Continental Trade Area (AfCFTA)
  • Key End-uses & Market Drivers
  • Summary

Tables and charts

This report includes 5 images and tables including:

  • Regional Make-up with major consumption countries
  • African VPET resin supply & demand 2019-2025
  • African PET capacity 2019-2025
  • End-use market segments 2019-2025
  • African Plastic Ban Locations as of November 2020

What's included

This report contains:

  • Document

    Insight - African PET Market – A Future for Growth 2020_11.pdf

    PDF 478.03 KB