Packaging Services in Australia - Industry Market Research Report
Description
Packaging Services in Australia
Despite difficult downstream demand conditions, the Packaging Services industry has performed relatively well in recent years. Domestic manufacturing output has been subdued over the past decade due to rising import penetration from countries with lower production costs. As domestic manufacturing conditions have become tougher, manufacturers have been outsourcing non-core activities, like packaging, to reduce costs and remain competitive in the face of rising import penetration. Due to rising business process outsourcing, industry-wide revenue has been growing at an average annualised 1.7% over the past five years and is expected to total an estimated $2.7 billion in 2022-23, when revenue will decline by an estimated 0.8%.
Industry firms pack goods in bottles, cans, collapsible tubes, cartons, plastic sachets, film or bags, and other containers or materials.
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.
Despite difficult downstream demand conditions, the Packaging Services industry has performed relatively well in recent years. Domestic manufacturing output has been subdued over the past decade due to rising import penetration from countries with lower production costs. As domestic manufacturing conditions have become tougher, manufacturers have been outsourcing non-core activities, like packaging, to reduce costs and remain competitive in the face of rising import penetration. Due to rising business process outsourcing, industry-wide revenue has been growing at an average annualised 1.7% over the past five years and is expected to total an estimated $2.7 billion in 2022-23, when revenue will decline by an estimated 0.8%.
Industry firms pack goods in bottles, cans, collapsible tubes, cartons, plastic sachets, film or bags, and other containers or materials.
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.
Table of Contents
63 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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