Report Overview

Australia Rigid Plastic Packaging Market – Industry Trends & Forecast Report, 2030

Australia Rigid Plastic Packaging Market size was estimated at USD 1.62 billion in 2023. During the forecast period between 2024 and 2029, the size of Australia Rigid Plastic Packaging Market is projected to grow at a CAGR of 4.69% reaching a value of USD 2.13 billion by 2030. Australia Rigid Plastic Packaging Market is driven by a growing focus on sustainable packaging solutions to address environmental concerns. Increased consumption of packaged goods, especially in the food and beverages sector, is fueling demand for durable and protective packaging options. Rigid plastic containers offer lightweight, shatter-resistant, and innovative design features, attracting manufacturers and consumers. Advancements in manufacturing technologies optimize production, reduce costs, and broaden application possibilities. The shift towards e-commerce and home delivery services further boosts demand for packaging that withstands transportation challenges and enhances the unboxing experience, contributing significantly to market growth.

Rigid Plastic Packaging – Overview

Rigid plastic packaging is a specialized form of rigid packaging, which utilizes robust and sustainable materials like bioplastics, paper, paperboard, wood, and metals. Its primary purpose is to ensure the safety and security of packaged contents, shielding them from external hazards. Widely employed in transportation, rigid plastic packaging prolongs the shelf life of products. This packaging variant, leveraging high-strength materials, plays a vital role in preserving the integrity of goods, making it a preferred choice for industries aiming for durability and protection.

Australia Rigid Plastic Packaging Market

Growth Drivers

Eco-Friendly Innovations

The rigid plastic packaging sector in Australia is experiencing a surge in growth driven by a global push for environmental sustainability. Faced with mounting concerns about plastic waste, manufacturers are embracing eco-friendly practices, incorporating recyclable and biodegradable materials into rigid plastic packaging. Governments and industry bodies are actively advocating for reducing plastic waste, prompting companies to invest in R&D for sustainable solutions. This heightened focus on eco-friendly packaging meets consumer demands for sustainable products and also positions brands as responsible stewards of the environment, propelling the growth of the Rigid Plastic Packaging Market.

Shifting Lifestyle Patterns

As lifestyle patterns undergo significant changes, the Australia Rigid Plastic Packaging Market experiences a surge. The burgeoning demand within the food and beverages industry, a vital consumer goods sector, is fueled by population growth and evolving lifestyles. The call for packaged food and beverages intensifies due to convenience, shifting dietary preferences, and the hectic pace of modern life. Packaging plays a pivotal role in ensuring product freshness, averting contamination, extending shelf life, and adhering to stringent food safety regulations. Moreover, the packaging's functionality is paramount, catering to consumer ease and convenience.

Challenges

Navigating Environmental Imperatives

As global environmental awareness increases, the Australia Rigid Plastic Packaging Market grapples with mounting pressure to align with sustainability goals. Rigid materials, such as plastics, glass, and metals, while widely used, face scrutiny for their ecological impact compared to more flexible and environmentally friendly alternatives. Issues of plastic pollution, non-recyclable packaging, and resource-intensive production processes have heightened concerns. Companies in the rigid packaging sector are now compelled to adopt sustainable practices, curb plastic waste, and innovate eco-friendly packaging solutions. Striking a balance between meeting these demands, ensuring cost-effectiveness, and safeguarding product integrity poses a formidable challenge for the industry.

Impact of Escalating Geopolitical Tensions on Australia Rigid Plastic Packaging Market

Escalating geopolitical tensions, notably the Russia-Ukraine conflict, have introduced new challenges to the Australia Rigid Plastic Packaging Market. Beyond economic vulnerabilities, the conflict has triggered widespread economic sanctions, elevated commodity prices, and disruptions in global supply chains. Notably, the Asia Pacific region, including Australia, is grappling with heightened energy and oil costs, amplifying plastic resin processing expenses for industries. The enduring ramifications extend to the Australian society, economy, and environment, accentuated by the conflict's impact on international trade networks. The ongoing war has significantly complicated the shipment of goods, posing unprecedented challenges to the stability of the rigid plastic packaging market in Australia.

Australia Rigid Plastic Packaging Market

Segmental Coverage

Australia Rigid Plastic Packaging Market – By Material Type

Based on material type, Australia Rigid Plastic Packaging Market is divided into Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polyvinyl Chloride (PVC), Expanded Polystyrene (EPS), and Bioplastics segments. The PP segment stands out in the Australia Rigid Plastic Packaging Market as a versatile thermoplastic polymer with exceptional properties like high stiffness, chemical resistance, and low density. Widely used for durable and lightweight packaging, PP's compatibility with injection molding and extrusion allows intricate designs. Its inherent toughness and impact resistance enhance product protection during transportation. As a recyclable material, PP aligns with sustainability initiatives, addressing growing consumer demands for eco-friendly options. Cost-effectiveness and compatibility with sealing technologies contribute to its popularity in closures and caps, positioning PP as a significant driver in meeting functional and sustainable packaging needs in the Rigid Plastic Packaging Market.

Australia Rigid Plastic Packaging Market – By Production Process

Based on production process, Australia Rigid Plastic Packaging Market is divided into Extrusion Molding, Blow Molding, Injection Molding, and Thermoforming segments. The extrusion segment holds the highest share in the Australia Rigid Plastic Packaging Market. Extrusion, a key process in the Australia Rigid Plastic Packaging Market, involves melting raw plastic to create continuous shapes with specific profiles. This technique drives innovation by enabling precise and consistent production of components like bottles, containers, and caps. Extrusion's versatility allows intricate designs, incorporation of features like handles or closures, and optimization of wall thickness for durability and cost-effectiveness. The process supports various plastic materials, including recyclable options, aligning with environmental goals. Extrusion enhances functionality, aesthetics, and sustainability, making it crucial in meeting evolving consumer demands and industry standards in the rigid plastic packaging sector.

Australia Rigid Plastic Packaging Market – By Application

By application, Australia Rigid Plastic Packaging Market is divided into Bottles & Jars, Rigid Bulk Products, Tube, Cups & Pots, and Caps & Closures segments. The bottles & jars segment is pivotal in the Australia Rigid Plastic Packaging Market, serving as versatile containers across industries like food, beverages, cosmetics, and pharmaceuticals. Their impact stems from functional design, providing product visibility, protection, and ease of dispensing. Innovative shapes and closures contribute to branding, and compatibility with injection molding and blow molding ensures efficient production. With a rising demand for sustainability, their recyclable nature aligns with eco-friendly preferences. Evolving consumer choices and manufacturers' focus on efficient packaging solutions position bottles and jars as growth catalysts, delivering practicality, protection, and sustainable options for diverse products.

Australia Rigid Plastic Packaging Market – By End User

By application, Australia Rigid Plastic Packaging Market is divided into Food & Beverages, Cosmetics & Personal Care, Consumer Goods, Medical, and Industrial segments. The food & beverages segment accounts for a significant market share. The segment reflects the widespread use of rigid plastic packaging in the packaging of food and beverage items. The demand for durable and protective packaging solutions in the food and beverages industry has propelled the growth of rigid plastic packaging market in Australia. The versatility, lightweight nature, and cost-effectiveness of rigid plastic make it a preferred choice for packaging applications, contributing to its dominance in the market.

Competitive Landscape

Major players in the Australia Rigid Plastic Packaging Market include Orora Packaging Australia Pty Ltd, Filton Packaging, Amcor Group GmbH, Pro-Pac Packaging Limited, Caspak Products Pty Ltd, Pact Packaging & Synergy Packaging, Visy Group, Vacupack Pty Ltd, Plasmo Pty Ltd, and Vision Packaging. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

• In 2022 - Orora, a leading packaging and paper company in Australia, partnered with CHEP Australia, a leading provider of pallet and container pooling services, to focus on addressing the pressing issue of rigid packaging waste generated in the supply chain and finding effective solutions to reduce its environmental impact.

Scope of Report

By Material Type

• Polyethylene (PE)

• Polyethylene Terephthalate (PET)

• Polypropylene (PP)

• Polyvinyl Chloride (PVC)

• Expanded Polystyrene (EPS)

• Bioplastics

By Production Process

• Extrusion Molding

• Blow Molding

• Injection Molding

• Thermoforming

By Application

• Bottles & Jars

• Rigid Bulk Products

• Tube, Cups, and Pots

• Caps & Closures

By End User

• Food & Beverages

• Cosmetics & Personal Care

• Consumer Goods

• Medical

• Industrial

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Australia Rigid Plastic Packaging Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Growing food and beverage industry
         2. Growth and expansion of e-commerce sector
      2. Restraints
         1. Increasing environmental concerns
         2. Volatile raw material prices
      3. Opportunities
         1. Rising demand from diverse sectors
         2. Increasing sustainable packaging solutions
      4. Challenges
         1. Limited domestic recycling infrastructure
   3. Product Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Australia Rigid Plastic Packaging Market Overview
   1. Market Technology & Forecast, 2019–2030
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Material Type
         1. Polyethylene (PE)
         2. Polyethylene Terephthalate (PET)
         3. Polypropylene (PP)
         4. Polyvinyl Chloride (PVC)
         5. Expanded Polystyrene (EPS)
         6. Bioplastics
         7. Others
      2. By Production Process
         1. Extrusion Molding
         2. Blow Molding
         3. Injection Molding
         4. Thermoforming
         5. Others
      3. By Application
         1. Bottles & Jars
         2. Rigid Bulk Products
         3. Tube, Cups and Pots
         4. Caps & Closures
         5. Others
      4. By End User
         1. Food & Beverages
         2. Cosmetics & Personal Care
         3. Consumer Goods
         4. Medical
         5. Industrial
         6. Others
5. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Australia Rigid Plastic Packaging Company Market Share Analysis, 2023
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
6. Impact of Escalating Geopolitical Tensions on Australia Rigid Plastic Packaging Market
7. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
   1. Orora Packaging Australia Pty Ltd
   2. Filton Packaging
   3. Amcor Group GmbH
   4. Pro-Pac Packaging Limited
   5. Caspak Products Pty Ltd
   6. Pact Packaging & Synergy Packaging
   7. Visy Group
   8. Vacupack Pty Ltd
   9. Plasmo Pty Ltd
   10. Vision Packaging
   11. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
   1. Qualitative Research
      1. Primary & Secondary Research
   2. Quantitative Research
   3.  Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
   4.  Breakdown of Primary Research Respondents, By Region
   5.  Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

List of Figures

Figure 1       Australia Rigid Plastic Packaging Segmentation      

Figure 2       Australia Rigid Plastic Packaging Market Value Chain Analysis    

Figure 3       Company Market Share Analysis, 2023

Figure 4       Australia Rigid Plastic Packaging Market, By Value (USD Billion), 2019–2030 

Figure 5       Australia Rigid Plastic Packaging Market Share, By Material Type, By Value, 2019–2030 

Figure 6       Australia Rigid Plastic Packaging Market Share, By Production Process, By Value, 2019–2030 

Figure 7       Australia Rigid Plastic Packaging Market Share, By Application, By Value, 2019–2030 

Figure 8       Australia Rigid Plastic Packaging Market Share, By End User, By Value, 2019–2030         

List of Tables

Table 1        Australia Rigid Plastic Packaging Market, By Value (USD Billion), 2019–2030 

Table 2        Australia Rigid Plastic Packaging Market Share, By Material Type, By Value, 2019–2030 

Table 3        Australia Rigid Plastic Packaging Market Share, By Production Process, By Value, 2019–2030 

Table 4        Australia Rigid Plastic Packaging Market Share, By Application, By Value, 2019–2030 

Table 5        Australia Rigid Plastic Packaging Market Share, By End User, By Value, 2019–2030         

Table 6        Orora Packaging Australia Pty Ltd Company Overview

Table 7        Orora Packaging Australia Pty Ltd Financial Overview

Table 8        Filton Packaging Company Overview

Table 9        Filton Packaging Financial Overview

Table 10      Amcor Group GmbH Company Overview

Table 11      Amcor Group GmbH Financial Overview

Table 12      Pro-Pac Packaging Limited Company Overview

Table 13      Pro-Pac Packaging Limited Financial Overview

Table 14      Caspak Products Pty Ltd Company Overview

Table 15      Caspak Products Pty Ltd Financial Overview

Table 16      Pact Packaging & Synergy Packaging Company Overview

Table 17      Pact Packaging & Synergy Packaging Financial Overview

Table 18      Visy Group Company Overview

Table 19      Visy Group Financial Overview

Table 20      Vacupack Pty Ltd Company Overview

Table 21      Vacupack Pty Ltd Financial Overview

Table 22      Plasmo Pty Ltd Company Overview

Table 23      Plasmo Pty Ltd Financial Overview

Table 24      Vision Packaging Company Overview

Table 25      Vision Packaging Financial Overview