Plastic Pipe and Plastic Packaging Material Manufacturing in Australia - Industry Market Research Report

Plastic Pipe and Plastic Packaging Material Manufacturing in Australia - Industry Market Research Report

Plastic Pipe and Plastic Packaging Material Manufacturing in Australia

Plastic pipe and plastic packaging manufacturers have been enduring challenging business conditions. Manufacturers produce several plastic products for a range of downstream markets, including automotive components, plastic pipes, food containers and furniture. Diminishing demand from the downstream construction and wholesaling sectors has negatively affected manufacturers in recent years. Low-cost imports have encroached on the domestic market, weighing on domestic manufacturer's revenue. Industry revenue is expected to fall at an annualised 2.5% over the five years through 2022-23, to an estimated $3.8 billion. A slump in demand from construction firms, and mounting competition from imports is set to further reduce revenue by an estimated 3.0% in 2022-23.

Companies in the industry manufacture a variety of plastic products including plastic pipes, food packaging and furniture. Industry operators primarily use injection moulding and extrusion processes and occasionally blow moulding techniques. Products made from fibreglass are excluded from the industry.

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.