Australia Flexible Packaging Market Insights Forecasts to 2033

• The Australia Flexible Packaging Market Size was valued at USD 2.00 Billion in 2023.
• The Market is Growing at a CAGR of 5.82% from 2023 to 2033
• The Australia Flexible Packaging Market Size is Expected to Reach USD 3.52 Billion by 2033

The Australia Flexible Packaging Market is Anticipated to Reach USD 3.52 Billion by 2033, growing at a CAGR of 5.82% from 2023 to 2033.

Market Overview

Flexible packaging is the packaging made of materials that are easily molded or shaped. Wraps, films, bags, pouches, and envelopes are included in the packaging solution. It’s adaptability, affordability, and effectiveness in safeguarding goods while lowering waste and material consumption. By absorbing moisture, eliminating oxygen, and maintaining the right temperature it keeps the product fresh during transit or its inactive life. This packaging format is extensively used by many different industries, including food and beverage, consumer goods, cosmetics, and pharmaceuticals. The food and beverages segment holds the largest share of the flexible packaging market in Australia. The factors that dominate the flexible packaging market in Australia are a growing focus on eco-friendly packaging and recycled plastics and an increasing demand from the food industry. For instance, in September 2024, the Australian government launched the Australian Packaging Covenant Organization (APCO), its main goal is to have 100% of packaging be reusable, recyclable, or compostable by 2025 to reduce the volume of packaging waste in landfills.

Report Coverage

This research report categorizes the market for the Australia flexible packaging based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Australia flexible packaging market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Australia flexible packaging market.

Driving Factors

When exposed to air and moisture, packaging them needs to be extra safe because food products are more likely to be damaged and lose their quality. Flexible packaging resolves these problems as it is airtight, long-lasting, shields the product from the elements, and preserves the food products’ quality and freshness while extending their shelf life and minimizing food waste. Portioned food and drinks are becoming more and more popular because they improve digestion, cut down on binge eating, and reduce food waste. This trend of portioning food and beverages has gained tremendous popularity because it helps digest food better, reduces over-eating, and minimizes the loss of food. Their appealing visual appearance and the ease with which they can be customized and printed on flexible packaging led to drawing attention to the food and beverage products. Furthermore, services like Deliveroo and UberEats provide inexpensive meals and delivery that may have an impact on consumer behavior. The growing domestic production of convenient meals will accelerate the flexible packaging market in Australia.

Restraining Factors

Difficulty in recycling due to the multiple layers hampers the market of flexible packaging in Australia. Furthermore, the end-user industries may incline more toward rigid packaging as it is made of hard plastic or another material, such as glass, and the flexible box is made of plastic. The inclination towards more robust packaging may limit the expansion of the flexible packaging industry in Australia.

Market Segmentation

The Australia flexible packaging market share is classified into material and end-user.

• The plastic segment is expected to hold the largest market share through the forecast period.

The Australia flexible packaging market is segmented by material into plastic, paper & paperboard, and aluminum. Among these, the plastic segment is expected to hold the largest market share through the forecast period. This is attributed to its extreme flexibility and adaptability, plastic packaging enables manufacturers to alter its size, shape, and style to suit the needs of their clients.

• The food & beverage segment is expected to dominate the Australia flexible packaging market during the forecast period.       

Based on the end-user, the Australia flexible packaging market is divided into food & beverage, pharmaceutical, personal care & cosmetics, homecare, industrial, e-commerce, and others. Among these, the food & beverage segment is expected to dominate the Australia flexible packaging market during the forecast period. The demand for these packaging types is rising due to the growing number of online food outlets and door-to-door delivery services, which is helping to propel this market's expansion.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Australia flexible packaging market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• The Bag Broker AU
• Orora packaging Australia Pty Ltd.
• FPS Super Pty Ltd.
• Filton Packaging
• Gravure packaging Pty Ltd.
• Perfection Packaging Pty Ltd.
• Wing Flexible Packaging Pty Ltd.
• Supreme Packaging Pty Ltd.
• Metal Print Australia Pty Ltd.
• A&M Packaging Pty Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Australia, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Australia flexible packaging market based on the below-mentioned segments:

Australia Flexible Packaging Market, By Material

• Plastic
• Paper & Paperboard
• Aluminum

Australia Flexible Packaging Market, By End-User

• Food & Beverage
• Pharmaceutical
• Personal Care & Cosmetics
• Homecare
• Industrial
• E-commerce
• Others