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 packaging practices 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 for flexible packaging material 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.
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Report Coverage:
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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
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