Paper Bag and Other Paper Product Manufacturing in Australia - Industry Market Research Report

Paper Bag and Other Paper Product Manufacturing in Australia - Industry Market Research Report

Paper Bag and Other Paper Product Manufacturing in Australia

Industry revenue has been highly volatile over the past few years. Volatility in downstream markets, like construction firms, has left the industry vulnerable to significant fluctuations in both demand and revenue. Subdued demand from key downstream markets has also contributed to downwards pressure on industry revenue. However, demand for locally produced and customisable products, like paper bags and sacks for use in food packaging, has risen over the past few years, supporting industry revenue. Furthermore, growth in environmental concerns among consumers and a ban on plastic bags in most states has provided some support for paper bag use. Overall, industry revenue is expected to decline at an annualised 0.8% over the five years through 2022-23. This trend includes an anticipated decrease of 2.2% in the current year, to $931.8 million.

Industry manufacturers produce paper bags and other paper products like food packaging items and adhesive labels.

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.