Plastic Bag and Film Manufacturing in Australia - Industry Market Research Report
Plastic Bag and Film Manufacturing in Australia
The Plastic Bag and Film Manufacturing industry has endured challenging operating conditions in recent years. Climbing import competition has put substantial pressure on local manufacturers. Countries like China and Malaysia have a competitive advantage over local manufacturers because of lower labour costs and economies of scale. The industry mainly serves firms in the agriculture, food manufacturing, construction and retail markets. Industry-wide revenue has been falling at an average annualised 1.9% over the past five years and is expected to total $2.1 billion in 2022-23, when revenue will drop by an estimated 2.6%. Weak downstream demand coupled with intense price competition has squeezed industry profit margins.
Industry companies manufacture unsupported polymer films and sheets into packaging materials such as plastic bags, thin plastic films, garbage bags, food wrapping and bubble wrap packaging.
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.
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