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
Australia Plastic Packaging Market Outlook 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.
Plastic Packaging Market Trends, Drivers, Restraints, and Opportunities
- Better convenience and operability necessary for variety of products is expected to drive the market growth during the forecast period.
- Rapid growth of food and beverages industry is major factor boosting the market expansion.
- The substitutes available for packaging of the products are projected to restrict the market growth in the coming years.
- Cost of raw materials are not stable that affects the manufacturing prices of plastic packaging possess as a key challenge that can hamper the market expansion.
- Technological innovation and advancement in plastic packaging market is anticipated to offer immense opportunities for the market players.
Scope of Plastic Packaging Market Report
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. |
Plastic Packaging Market Segment Insights
Food segment is projected to account for a large market share
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.
Pouches segment is projected to hold a key market share
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.
Stretch film segment is projected to constitute a major market share
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.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plastic Packaging Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Plastic Packaging Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plastic Packaging Market - Supply Chain
4.5. Global Plastic Packaging Market Forecast
4.5.1. Plastic Packaging Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plastic Packaging Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Plastic Packaging Market Absolute $ Opportunity
5. Global Plastic Packaging Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Plastic Packaging Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Plastic Packaging Demand Share Forecast, 2019-2026
6. North America Plastic Packaging Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Plastic Packaging Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Plastic Packaging Demand Share Forecast, 2019-2026
7. Latin America Plastic Packaging Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Plastic Packaging Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Plastic Packaging Demand Share Forecast, 2019-2026
8. Europe Plastic Packaging Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Plastic Packaging Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Plastic Packaging Demand Share Forecast, 2019-2026
9. Asia Pacific Plastic Packaging Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Plastic Packaging Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Plastic Packaging Demand Share Forecast, 2019-2026
10. Middle East & Africa Plastic Packaging Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Plastic Packaging Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Plastic Packaging Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Plastic Packaging Market: Market Share Analysis
11.2. Plastic Packaging Distributors and Customers
11.3. Plastic Packaging Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Synergy Packaging
11.4.2. Orora Packaging Australia Pty. Ltd.
11.4.3. Pact Group Holdings Australia Pty. Ltd.
11.4.4. Pro-Pac Packaging Pty. Ltd.
11.4.5. Cospak Pty. Ltd.