
Sustainable Packaging in Australia
Description
Sustainable Packaging in Australia
Summary
Sustainable Packaging in Australia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Sustainable Packaging in Australia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Sustainable packaging refers to the use of packaging materials that minimize environmental impact throughout their life cycle. These packaging materials are sourced from renewable resources and are designed to facilitate recyclability or composability.
- The Australian sustainable packaging market had total revenues of $6.0 billion in 2023, representing a compound annual growth rate (CAGR) of 2.8% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 0.4% between 2018 and 2023, to reach a total of 9 million metric tonnes in 2023.
- The growth in the Australian market is attributed to the increasing trend of consumers purchasing more things online. Australian consumers are increasingly shifting online driven by the convenience of one-stop online marketplaces. For instance, according to GlobalData, the e-commerce market value in 2023 stood at $51,037.4 million, indicating a 10.3% growth compared to the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the sustainable packaging market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the sustainable packaging market in Australia
- Leading company profiles reveal details of key sustainable packaging market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia sustainable packaging market with five year forecasts by both value and volume
- What was the size of the Australia sustainable packaging market by value in 2023?
- What will be the size of the Australia sustainable packaging market in 2028?
- What factors are affecting the strength of competition in the Australia sustainable packaging market?
- How has the market performed over the last five years?
- Who are the top competitors in Australia's sustainable packaging market?
Table of Contents
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Company Profiles
- 7.1. Tetra Pak International SA
- 7.2. Westrock Co
- 7.3. Amcor Plc
- 8 Macroeconomic Indicators
- 8.1. Country data
- 9 Appendix
- 9.1. Methodology
- 9.2. Industry associations
- 9.3. Related GlobalData research
- About GlobalData
- List of Tables
- Table 1: Australia sustainable packaging market value: $ million, 2018-23
- Table 2: Australia sustainable packaging market volume: thousand metric tonnes, 2018-23
- Table 3: Australia sustainable packaging market category segmentation: % share, by value, 2018-2023
- Table 4: Australia sustainable packaging market category segmentation: $ million, 2018-2023
- Table 5: Australia sustainable packaging market geography segmentation: $ million, 2023
- Table 6: Australia sustainable packaging market value forecast: $ million, 2023-28
- Table 7: Australia sustainable packaging market volume forecast: thousand metric tonnes, 2023-28
- Table 8: Tetra Pak International SA: key facts
- Table 9: Tetra Pak International SA: key employees
- Table 10: Westrock Co: key facts
- Table 11: Westrock Co: annual financial ratios
- Table 12: Westrock Co: key employees
- Table 13: Westrock Co: key employees Continued
- Table 14: Amcor Plc: key facts
- Table 15: Amcor Plc: annual financial ratios
- Table 16: Amcor Plc: key employees
- Table 17: Amcor Plc: key employees Continued
- Table 18: Australia size of population (million), 2019-23
- Table 19: Australia gdp (constant 2005 prices, $ billion), 2019-23
- Table 20: Australia gdp (current prices, $ billion), 2019-23
- Table 21: Australia inflation, 2019-23
- Table 22: Australia consumer price index (absolute), 2019-23
- Table 23: Australia exchange rate, 2019-23
- List of Figures
- Figure 1: Australia sustainable packaging market value: $ million, 2018-23
- Figure 2: Australia sustainable packaging market volume: thousand metric tonnes, 2018-23
- Figure 3: Australia sustainable packaging market category segmentation: $ million, 2018-2023
- Figure 4: Australia sustainable packaging market geography segmentation: % share, by value, 2023
- Figure 5: Australia sustainable packaging market value forecast: $ million, 2023-28
- Figure 6: Australia sustainable packaging market volume forecast: thousand metric tonnes, 2023-28
- Figure 7: Forces driving competition in the sustainable packaging market in Australia, 2023
- Figure 8: Drivers of buyer power in the sustainable packaging market in Australia, 2023
- Figure 9: Drivers of supplier power in the sustainable packaging market in Australia, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the sustainable packaging market in Australia, 2023
- Figure 11: Factors influencing the threat of substitutes in the sustainable packaging market in Australia, 2023
- Figure 12: Drivers of degree of rivalry in the sustainable packaging market in Australia, 2023
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