Plastic packaging is renowned for its durability, cost-effectiveness, lightweight nature, high protection, and customizable design. Consequently, it is extensively utilized across various industries, including healthcare technology, food, cosmetics, personal care, and beverages. A 2021 report commissioned by the Australian government reveals that the average Australian annually consumes approximately 45 plastic produce bags, 50 plastic straws, 70 plastic cups for hot beverages, and 35 for cold drinks.

In the fiscal year 2021-22, Australia utilized over 3.5 million tonnes of plastic products, with a substantial portion dedicated to packaging. Approximately 36% of this plastic was used for packaging, including single-use items, while 25% went towards applications like clothing, footwear, and household goods, and 22% for the built environment. Notably, the food and beverage sector is a major consumer of packaging materials, driven by the presence of numerous small and medium-sized food processing companies in Australia.

The Australian plastic packaging market is divided into two main categories: rigid and flexible packaging. Rigid packaging, comprising bottles, containers, and trays, is prized for its durability and product protection. In contrast, flexible packaging, which includes bags, pouches, and wraps, is favoured for its lightweight and versatile nature. This segmentation meets various industry demands, enhancing product shelf life, convenience, and sustainability with recyclable and eco-friendly materials. According to the Australian Packaging Covenant Organisation (APCO), rigid plastic packaging accounted for 54% of all plastic packaging put on the market in 2021-22.

In 2023, PakTech partnered with Visy to establish a manufacturing facility in Australia, aiming to produce 100 million recycled injection-molded packaging handles annually for cans, bottles, and other containers. This strategic move highlights a broader trend where packaging companies are increasingly investing in Australia to capture a growing market.  These investments are driven by the country’s robust demand for sustainable packaging solutions, supported by stringent environmental regulations and a consumer shift towards eco-friendly products. As a result, Australia is becoming a key hub for innovative packaging technologies, attracting significant capital and fostering local manufacturing capabilities.

The major players in the Australia Plastic Packaging market are Orora Packaging Australia Pty Ltd., Filton Packaging, Fine Pack Pty Ltd., Gravure Packaging Limited, Pro-Pac Group Pty Limited, A&M Packaging, Caspak Products Pty Ltd., Visy Industries Australia Pty Ltd., Cospak Pty Ltd., Plasmo Pty. Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: [email protected]
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790