Australia And New Zealand Plastic Packaging Film Market Share

Market Share of Australia And New Zealand Plastic Packaging Film Industry

The plastic packaging film market in Australia and New Zealand is fragmented, comprising several global and regional players like Amcor Group GmbH, Surepak Pty Ltd, and Richdale Plastics Pty Ltd, who are vying for attention in a contested market space. This market is characterized by low product differentiation, growing levels of product penetration, and high levels of competition.

• February 2024 - Cadbury, a leading food and beverage brand in Australia, partnered with Amcor, a global packaging company, to secure approximately 1000 tonnes of post-consumer recycled plastic. This move is part of Cadbury's broader strategy to reduce its reliance on virgin plastic. In 2022, Cadbury already transitioned 30% (on a mass balance basis) of the plastic used for its 160 g to 185 g Cadbury Dairy Milk family blocks in Australia to recycled materials. With this recent agreement, Cadbury is pushing further, targeting a 50% (on a mass balance basis) usage of recycled plastic across its entire range of chocolate blocks, bars, and pieces manufactured in Australia. This shift cuts Cadbury's virgin plastic requirements in half for these products.

Australia and New Zealand Plastic Packaging Film Market Leaders

1. Amcor Group GmbH

2.  Surepak Pty Ltd 

3. Richdale Plastics Pty Ltd 

4. Wales Industries Pty Ltd.

5. POLIFILM PROTECTION AUSTRALIA PTY LIMITED

*Disclaimer: Major Players sorted in no particular order