Segments - Australia Plastic Packaging Market by Rigid Packaging (Material [Polypropylene, Polyvinyl Chloride, Polythene, Polyethylene Terephthalate, and Polystyrene & Expanded Polystyrene], Product [Trays & Containers, Bottles & Jars, and Others], and End-user Industry [Beverage, Personal Care & Household, Food, Healthcare, and Others]), Flexible Packaging (Material [Bi-orientated Polypropylene, Polyethene, and Cast Polypropylene], Product [Bags, Film & Wraps, Pouches, and Others], and End-user Industry [Beverage, Personal Care & Household, Food, and Others]), Industrial Plastic Film Market (Agricultural Film and Stretch Film), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The Australia plastic packaging market size was valued at nearly USD 2.66 Billion in 2022 and is anticipated to reach USD 3.22 Billion by 2031, expanding at a CAGR of 2.14% during the forecast period, 2023 – 2031. The growth of the market is attributed to the growing modern retailing, growth in e-commerce activities, and high consumer income. Growing penetration of the organized along with e-retail in anticipated to boost the market.
Plastic packaging is the most commonly used packaging to preserve, protect, store and also allows transportation of the products in various types. It allows the products to reach to the consumers for consumption in a good condition from the stores. Plastic packaging has variety of properties that are the reasons it is used most such as safety, lightweight, durability, easy transportation, hygiene, and freedom of design.
Plastic packaging is used to protect the product or food item inside it from getting spoiled and also no to get wasted. It helps to deliver the products across country in different forms including gels, out-of season fruits, liquids, and powders. Plastic is the ideal packaging material available for the different modern requirements. Lightweight plastic packaging helps to decrease the truck loads and reduce the cost of packaging.
The report on the Australia plastic packaging market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Plastic Packaging Market - Australia Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Rigid Packaging (Material [Polypropylene, Polyvinyl Chloride, Polythene, Polyethylene Terephthalate, and Polystyrene & Expanded Polystyrene], Product [Trays & Containers, Bottles & Jars, and Others], and End-user Industry [Beverage, Personal Care & Household, Food, Healthcare, and Others]), Flexible Packaging (Material [Bi-orientated Polypropylene, Polyethene, and Cast Polypropylene], Product [Bags, Film & Wraps, Pouches, and Others], and End-user Industry [Beverage, Personal Care & Household, Food, and Others]), Industrial Plastic Film Market (Agricultural Film and Stretch Film) |
Country |
Australia |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Synergy Packaging; Orora Packaging Australia Pty. Ltd.; Pact Group Holdings Australia Pty. Ltd.; Pro-Pac Packaging Pty. Ltd.; and Cospak Pty. Ltd. |
Based on rigid packaging, the Australia plastic packaging market is divided into material, product, and end-user industry. The material segment is further segregated into polypropylene, polyvinyl chloride, polythene, polyethylene terephthalate, and polystyrene & expanded polystyrene. The product segment is further classified as trays & containers, bottles & jars, and others. The end-user industry is further categorized as beverage, personal care & household, food, healthcare, and others. The food segment is expected to constitute a key share of the market during the forecast period owing to consumers are resorting in bulk storing and panic buying because of fear of lockdown. Increasing demand for online & e-commerce stores, fresh food, and daily staple are anticipated to boost the market.
On the basis of flexible packaging, the market is segmented into material, product, and end-user industry. The material segment is further segregated into bi-orientated polypropylene, polyethene, and cast polypropylene. The product segment is further classified as bags, film & wraps, pouches, and others. The end-user industry is further categorized as beverage, personal care & household, food, and others. The pouches segment is expected to represent a key share of the market in the coming years due to rising demand for pouches and its high usage in different applications such as beverage, personal care & cosmetics, food, and pharmaceuticals industries. The growing demand for convenient and lightweight packaging is expected to fuel the market.
In terms of industrial plastic film market, the Australia plastic packaging market is segregated into agricultural film and stretch film. The stretch film segment is expected to account for a key share of the market during the forecast period owing to it reduces the shipping damages and also protects products from the UV rays. However, the agricultural film segment is anticipated to expand at a rapid pace during the forecast period due to water retention and safety of the crops.
The Australia plastic packaging market has been segmented on the basis of
Key players competing in the Australia plastic packaging market share include Synergy Packaging; Orora Packaging Australia Pty. Ltd.; Pact Group Holdings Australia Pty. Ltd.; Pro-Pac Packaging Pty. Ltd.; and Cospak Pty. Ltd. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.