Polymer Film and Sheet Packaging Material Manufacturing in New Zealand - Industry Market Research Report

Mixed bag: Revenue set to rise following years of decline associated with the plastic bag ban

Polymer film and sheet packaging material manufacturers have faced difficult trading conditions over the past few years. Industry revenue has stayed relatively stable, primarily due to rising public concerns over environmental issues and a ban on single-use plastic bags. This has been offset by the recovery from COVID-19 and strong demand from downstream markets. Over recent years, the industry has been subject to a high level of external competition and has displayed a high level of globalisation. That's why international trade and fluctuations in the New Zealand dollar's value also heavily influence the industry. Industry operators primarily produce unsupported polymer-based packaging materials such as bags, sheets, bubble packaging, films and laminates. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.