Report Overview

The Australia plastics market is estimated at Tons 4.03 Million in 2023. It is expected to grow at a CAGR of 3.15% between 2024 and 2032 to reach almost Tons 5.33 Million by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • According to the DCCEEW plastics consumption has increased to 3,791,000 tonnes in 2020-21 from 3,461,700 in 2029-20.
  • In 2020-21 a total of 78,900 tonnes of PET plastics are being recycled from 85,100 tonnes which are recovered.
  • As per the Australian packaging covenant, the plastic packaging in 2022-23 is 1,184,000 tonnes thus boosting the Australia plastics market.

Australia Plastics Market Growth

Compound Annual Growth Rate

Value in Tons Million

3.15%

2024-2032


Australia Plastics Market Outlook

*this image is indicative*

Based on end use, packaging sector is driving the Australia plastics market due to the durability and flexibility of plastics in manufacturing packaging materials 

The diverse range of packaging materials can be manufactured from plastics by moulding them in different shapes and sizes to cater for the demands of different industries such as food and beverages, household goods and electronics. Packaging materials protect goods during storage, transportation, and handling as they are durable and resistant to moisture and chemicals. According to the Department of Climate Change, Energy, the Environment and Water, in 2020-21 1,083,100 tonnes of plastics are being used in packaging for B2C customers.

The manufacturers and producers integrate automation technologies and processes in their plastic manufacturing and packaging to enhance their efficiency, productivity, and quality control. Automation technologies are involved in the injection moulding process to streamline and optimize their process. It will also reduce material waste and ensure consistency. Automated material handling systems such as conveyor systems, and automated guided vehicles are integrated for the seamless movements of raw materials and finished products. 

According to the Department of Climate Change, Energy, the Environment and Water, in 2020-21 the PE-HD plastic polymer consumption has been estimated at 748,900 tonnes of the total plastic production.

Australia Plastics Market Segmentation

Australia Plastics Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyurethane (PU)
  • Polyvinyl chloride (PVC)
  • Polyethylene terephthalate (PET)
  • Polystyrene (PS)
  • Others

Market Breakup by Application

  • Injection Molding
  • Blow Molding
  • Casting
  • Thermoforming
  • Extrusion
  • Others

Market Breakup by End Use

  • Packaging
  • Construction
  • Electrical and Electronics
  • Automotive
  • Housewares
  • Medical Devices
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Australia Plastics Market Share

Injection molding is widely used for manufacturing plastic products across various industries due to its versatility, efficiency, and ability to produce complex shapes and designs. It is particularly favoured for mass production of components and products such as automotive parts, packaging containers, consumer goods, and medical devices.

Leading Companies in the Australia Plastics Market 

The growth of the plastics market is fuelled by a shifting focus on advanced manufacturing technologies by manufacturers and producers leading to the increasing development of sustainable products.

  • The Martogg Group
  • Viva Energy Australia Group Ltd
  • Duromer Products Pty Ltd
  • Olympic Polymers Pty Ltd
  • MPQ Plastics Pty Ltd 
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The Australia plastics market is estimated at Tons 4.03 Million in 2023.

The market is projected to grow at a CAGR of 3.15% between 2024 and 2032.

The market is expected to reach Tons 5.33 Million in 2032.

Based on the product, the plastics market is bifurcated into polyethylene, polypropylene, polyurethane, polyvinyl chloride, polyethylene terephthalate, polystyrene, and others.

Key players in the industry are The Martogg Group, Viva Energy Australia Group Ltd, Duromer Products Pty Ltd, Olympic Polymers Pty Ltd, and MPQ Plastics Pty Ltd among others.

Based on application, the plastics market is divided into injection molding, blow molding, casting, thermoforming, extrusion, and others.

The different distribution channels in the plastics market include packaging, construction, electrical and electronics, automotive, housewares, medical devices, and others.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, and Western Australia and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Application
  • End Use
  • Region
Breakup by Product
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyurethane (PU)
  • Polyvinyl chloride (PVC)
  • Polyethylene terephthalate (PET)
  • Polystyrene (PS)
  • Others
Breakup by Application
  • Injection Molding
  • Blow Molding
  • Casting
  • Thermoforming
  • Extrusion
  • Others
Breakup by End Use
  • Packaging
  • Construction
  • Electrical and Electronics
  • Automotive
  • Housewares
  • Medical Devices
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Price Analysis
  • Historical Price Trends
  • Forecast Price Trends
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • BMC Software, Inc.
  • Broadcom, Inc.
  • Dynatrace Asia Pacific Pty. Ltd.
  • HCL Technologies Ltd.
  • IBM Corporation
  • Open Text Corporation
  • Moogsoft Inc.
  • Nutanix, Inc.
  • ServiceNow, Inc.
  • Others

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