The Australian flexible packaging market is expected to grow at a CAGR of 6.67%, reaching a market size of US$13.506 billion in 2030 from US$10.601 billion in 2025.
Flexible packaging is a form of packaging solution that offers flexibility in the shape and size of packaging. Its form can be easily changed according to the products. It also offers sustainability in packaging and reduces the operating cost of the manufacturer. The flexible packaging solutions are generally made using multiple materials, like paper, film, aluminium foil, and plastic.
The increasing consumption of carbonated soft drinks in Australia will propel the flexible packaging market growth during the forecasted timeline.
The Australian Beverages, in its report, stated that the production of carbonated soft drinks was recorded at US$4 billion annually. The agency stated that about 52.1% of the total carbonated soft drinks in the nation are sold in supermarkets. At the same time, Australia's population increased significantly over the previous decade. Due to the high portability made possible by the lightweight nature of plastics, the growing population is projected to drive the demand for more consumables, including drinks, packaged meals, packaged drinking water, and convenience items like oven and microwave-safe packaging. Plastic packaging medium is preferred over other options. Additionally, the nation set its lofty 2025 National Packaging Targets. The goals establish a new, sustainable route for how businesses in the nation handle their packaging. The Australian government and industry also support the 2025 National Packaging Targets to provide a fresh and sustainable approach to packaging. These goals will apply to all packaging produced, used, and sold nationwide. The government charges the Australian Packaging Covenant Organization (APCO) to help deliver these 2025 Targets. The Australian government responded by realizing that by 2025, 100%sustainable packagingpractices would align with the Circular Economy model.
Flexible packaging is a form of packaging solution that offers flexibility in the shape and size of packaging. Its form can be easily changed according to the products. It also offers sustainability in packaging and reduces the operating cost of the manufacturer. The flexible packaging solutions are generally made using multiple materials, like paper, film, aluminium foil, and plastic.
The increasing consumption of carbonated soft drinks in Australia will propel the flexible packaging market growth during the forecasted timeline.
The Australian Beverages, in its report, stated that the production of carbonated soft drinks was recorded at US$4 billion annually. The agency stated that about 52.1% of the total carbonated soft drinks in the nation are sold in supermarkets. At the same time, Australia's population increased significantly over the previous decade. Due to the high portability made possible by the lightweight nature of plastics, the growing population is projected to drive the demand for more consumables, including drinks, packaged meals, packaged drinking water, and convenience items like oven and microwave-safe packaging. Plastic packaging medium is preferred over other options. Additionally, the nation set its lofty 2025 National Packaging Targets. The goals establish a new, sustainable route for how businesses in the nation handle their packaging. The Australian government and industry also support the 2025 National Packaging Targets to provide a fresh and sustainable approach to packaging. These goals will apply to all packaging produced, used, and sold nationwide. The government charges the Australian Packaging Covenant Organization (APCO) to help deliver these 2025 Targets. The Australian government responded by realizing that by 2025, 100%sustainable packagingpractices would align with the Circular Economy model.
Australia's Flexible Packaging Market Drivers
Growing demand from the food industry for processed foods
The demand for single-serve and portable food packs is the main factor propelling Australia's plastic packaging market growth due to lifestyle changes. Furthermore, Australia is being portrayed as a major food exporter due to the rise in bilateral trade agreements, investments in better logistics, and cross-border e-commerce. In addition, producers have been raising their output to meet domestic and global demand. It will immediately increase the amount of plastic packaging used in the nation. In Australia, the demand for convenient food or processed food is rising increasing the demand for those packaging products which does not harm their health. Thus, in the forecast period, the increase in demand for processed foods from consumers will propel the market demand forflexible packagingmaterial in Australia.Australia's Flexible Packaging Market Geographical Outlook
By region, the Australian flexible packaging market is segmented into New South Wales, Queensland, Victoria, Southern Australia, and Others. The Queensland flexible packaging market is anticipated to witness significant growth due to several key drivers. Increased demand for ready-to-eat food products is pushing the demand for flexible packaging solutions that can enhance shelf life and protect the quality of the product. E-commerce has also created a need for packaging that is robust enough to withstand shipping yet is lightweight and cost-effective.Also, sustainability and environmental concerns are driving the market. Consumers are looking for more eco-friendly packaging options, and this is increasing demand for recyclable, biodegradable, and compostable materials.Reasons for buying this report:
- Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub-segments.
- Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
- Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
- Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
- Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
What do businesses use our reports for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive IntelligenceReport Coverage:
- Historical data & forecasts from 2022 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
Australia's Flexible Packaging Market is analyzed into the following segments:
By Packaging Material
- Paper
- Aluminium Foil
- BOPP Film
- Polyethylene
- PET
- Others
By Application
- Food Packaging
- Processed food products
- Bakery Products
- Pet Food Products
- Fruits & Vegetables
- Others
- Beverages Packaging
- Bottles
- Pouches
- Others
- Cosmetics & Toiletries
- Pharmaceutical & Healthcare
- Others
By Region
- New South Wales
- Queensland
- Victoria
- Southern Australia
- Others
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. AUSTRALIA FLEXIBLE PACKAGING MARKET BY PACKAGING MATERIAL
6. AUSTRALIA FLEXIBLE PACKAGING MARKET BY APPLICATION
7. AUSTRALIA FLEXIBLE PACKAGING MARKET BY REGION
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
9. COMPANY PROFILES
Companies Mentioned
- The Bag Broker
- Filton Packaging
- Orora Packaging Australia Pty Ltd.
- Gravure Packaging Pty Ltd. (T/A Australian Packaging)
- Pro-Pac Packaging (Perfection Packaging)
- Wing Flexible Packaging
- FPS Pts Ltd.
- Favourite Packaging
- ePac Holdings, LLC
- OF Packaging (Close the Loop Group)
- Nippon Paper Industries
Methodology
LOADING...