Australia Paper Packaging Market Size
| Study Period | 2021 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2021 - 2022 |
| CAGR | 4.20 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Australia Paper Packaging Market Analysis
The market for Australia Paper Packaging is estimated to register a CAGR of 4.2% during the forecast period. Paper is one of the most commonly used materials for packaging products. The demand for paper packaging will continue to grow over the forecast period. Developing economies like Australia will drive the market for the paper packaging segment, with applications across industries like healthcare, personal care, home care, retail, and others.
- Australia is one of the fastest-growing packaging markets in the Asia-Pacific region. The increasing consumer consciousness regarding sustainable packaging and the strict regulations imposed by numerous environmental protection agencies (regarding the use of environmentally friendly packaging products) are the factors boosting the market's growth.
- With the focus now shifting towards eco-friendliness and sustainability, paper packaging is expected to gain traction, with many countries pushing for paper packaging products over plastic packaging, which poses a significant threat to the environment. Higher recycling demand will push the use of paper as packaging material further, with consumers and businesses looking for solutions that help in cost reduction as well as in keeping the environment safe while keeping government regulations intact.
- Australia has been witnessing huge demand for corrugated packaging in the e-commerce sector. According to Australia Post, e-commerce industries such as home and garden (37%), food and liquor (32%), hobbies and recreational goods (31%), variety stores (30%), fashion (27%), and health and beauty (24%) experienced year-on-year sales growth.Also, according to the National Australia Bank, the distribution of online spending in August 2021 on homeware and appliances, department stores, groceries and liquor, personal and recreational, fashion, games, and toys accounted for 23.8%, 16.3%, 15.3%, 12.45, 10.9%, and 8.9%, respectively. This has increased the demand for secondary packaging, such as folding cartons, in the country.
- However, even though there is an increase in demand for paper packaging, irresponsible deforestation will severely impact the paperboard packaging industry by causing a loss of raw materials soon. According to the Union of Concerned Scientists, "wood products," such as paper, account for around 10% of total deforestation. Other significant contributors include cattle, soybeans, and palm oil.
- As a result of the COVID-19 outbreak, consumer behavior changed substantially. Buyers got more concerned than ever before about the hygiene, disability, and sustainability of products.The shoppers' evolving needs and a consumer-focused approach remained crucial as the crisis continued. Consumer behavior continued to change in the forecast period as the market simultaneously acclimated more to the scenario. Thus, the post-COVID future for paper and paperboard packaging looks promising in terms of demand.
Australia Paper Packaging Market Trends
This section covers the major market trends shaping the Australia Paper Packaging Market according to our research experts:
Rise in Sustainable Packaging while Making Use of Recycling and Biodegradable Paper
- In Australia, consumers prefer recyclability and biodegradability as essential packaging parameters over reusability. This underlines the growing concerns of consumers about the environmental impact of packaging waste in the future. With advanced technologies attracting high investments, such as digitally printed paperboards, product distributors are increasingly adopting the following technology due to the solution offering interactive and colorful designs for consumers to notice.
- Recycled paper and paperboard products remain essential in the global economy, primarily as packaging and industrial paper grades. The most significant product manufactured from recycled paper and paperboard is corrugated cartons. Approximately half of all corrugated cartons are manufactured from recycled material.
- Further, the government of Australia has taken various steps to boost recycling. For instance, in 2022, the Australia Department of Agriculture, Water, and the Environment focused on phasing out several types of plastic packaging, such as non-compostable plastic packaging, loose fill and molded expanded polystyrene (EPS), and PVC packaging labels. This is all to reach the goal of having 100% of packaging be reusable, recyclable, or biodegradable by 2025.
- Corrugated packaging has become an important factor as a point-of-sale display in retail settings. This, along with the constant improvement of small flute and high-quality graphics boards, has made it possible for corrugated boxes to replace traditional folding cartons.
- Additionally, owing to the steps taken by the government to boost the recyclability of packaging materials such as paper and paperboard, the demand for paper-based packaging has increased in Australia. Moreover, online e-commerce companies also use recycled material to pack their products, complying with government norms. For instance, according to Australia Post, in 2021, 79% of respondents said they recycled cardboard boxes for packaging their online orders, and only 22% of respondents said they recycled plastic satchel packages.
Folding Cartons Will have a Significant Share in Future
- Folding cartons are one of the most popular eco-friendly packaging solutions, owing to their ability to be produced in numerous sizes with a small footprint compared to other packaging options, making them feasible for use in various end-user industries. Also, as consumers continue to demand sustainable attributes in packaging, the recyclability of folding carton packaging may be highly beneficial to that format. With technical innovations in eco-friendly coatings, folding cartons may experience increased usage to package liquids, extending their use into new product lines.
- The food sector, healthcare industry, domestic care industry, and personal care business are among the ones that employ folding cartons most frequently. Also, the healthcare and pharmaceutical industries' need for easy-to-transport, biodegradable, and recyclable packaging for medicines and similar items is good for the demand for folding cartons.
- Also, manufacturers in the folding carton market increase the production of packaging solutions using solid whiteboard, which is strong, rigid, and accepts printing ink well. However, this material can be potentially expensive. Nevertheless, solid whiteboard folding cartons are extensively used for packaging books, cosmetics, and electronics, among other products.
- Additionally, advances in printed electronics technology are making smart packaging economical. The development and growing popularity of "smart" folding cartons and the availability of a variety of digital printing options will drive the future growth of the folding carton market. Also, smart folding cartons enable vendors to track the package throughout the delivery process. They provide customers with product information using QR codes or feature individualized designs and messages for customers.
- The growing demand for such cartons in e-commerce is expected to propel the demand for folding cartons in the forecast period. For instance, according to Australia Post, of the Australian e-commerce industry's year-over-year sales increase in 2021, the variety store e-commerce segment experienced growth of over 16% compared to the previous year. Other segments that experienced year-on-year growth of over 12 percent included the fashion and home and garden e-commerce segments.
Australia Paper Packaging Industry Overview
The paper packaging market in Australia is moderately fragmented, with major players such as Visy Industries, Paper Australia Pty Ltd, and Abbe Corrugated Pty Ltd occupying most of the market share. Companies in the country are forming numerous alliances and mergers to increase their market share.
In April 2022, Australian-American paper and packaging company Visy has announced a AUD 700 million (USD 499.52 million) investment to expand its recycling and remanufacturing operations in Queensland, Australia.
Australia Paper Packaging Market Leaders
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Visy Industries Holdings Pty Ltd.
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Paper Australia Pty Ltd (Nippon Paper Industries)
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Abbe Corrugated Pty Ltd.
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Pro-Pac Packaging Limited
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JacPak Pty Ltd
*Disclaimer: Major Players sorted in no particular order
Australia Paper Packaging Market News
October 2022: The Recycling Modernization Fund (RMF) is a national initiative expanding Australia's capacity to sort, process, and remanufacture glass, plastic, tires, paper, and cardboard. The Australian Government is investing AUD 250 million (USD 178.37 million) into new and upgraded recycling infrastructure through the RMF. The Fund will see over AUD 1 billion (USD 713.5 million) investment in recycling infrastructure, with contributions from the states, territories, and industry.
In October 2022: Visy Industries will process 1.3 million metric tons of used cardboard and paper from commercial centers and other collection hubs to remanufacture new paper and cartonboard for Australia- and New Zealand-based brands. With this, the company can create a circular economy for its customers and provide sustainable fiber packaging solutions.
Australia Paper Packaging Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Assessment of the Impact of COVID-19 on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing Consumer Consciousness Regarding Sustainable Packaging
5.1.2 The Surging E-commerce Sector
5.2 Market Challenges
5.2.1 Effects of Deforestation on Paper Packaging
6. AUSTRALIA PAPER INDUSTRY STATISTICS
6.1 Industry Revenue of Pulp, Paper, and Paperboard Manufacturing in Australia, from 2011 to 2023 (in USD million)
6.2 Corrugated Paper or Paperboard Import Value and Quantity
6.3 Corrugated Paper or Paperboard Export Value and Quantity
6.4 Corrugated Paper or Paperboard Trade Balance
7. AUSTRALIA CONTAINERBOARD STATISTICS
7.1 Kraft Liner Import & Export Value and Quantity
7.2 Test Liner Import & Export Value and Quantity
7.3 Fluting Paper Import & Export Value and Quantity
8. RECOVERED PAPER STATISTICS
8.1 Australia Recovered Paper, Production Quantity
8.2 Australia Recovered Paper, Import Value, and Import Quantity
8.3 Australia Recovered Paper, Export Value, and Export Quantity
9. AUSTRALIA PAPER PACKAGING MARKET SEGMENTATION
9.1 Product Type
9.1.1 Folding Cartons
9.1.2 Corrugated Boxes
9.1.3 Other Types (Flexible Paper and Liquid Cartons)
9.2 End-User Industry
9.2.1 Beverage
9.2.2 Food
9.2.3 Pharmaceutical and Healthcare
9.2.4 Personal Care and Household Care
9.2.5 Other End-user Industries
10. COMPETITIVE LANDSCAPE
10.1 Company Profiles*
10.1.1 Visy Industries (Visy Industries Holdings Pty Ltd.)
10.1.2 Paper Australia Pty Ltd (Nippon Paper Industries)
10.1.3 Abbe Corrugated Pty Ltd.
10.1.4 Austcor Packaging
10.1.5 Pro-Pac Packaging Limited
10.1.6 JacPak Pty Ltd.
10.1.7 Networkpak Pty Ltd.
10.1.8 United Printing & Packaging Company
10.1.9 Oji Fibre Solutions (AUS) Pty Ltd.
10.1.10 WestRock Company
11. FUTURE OUTLOOK OF THE MARKET
Australia Paper Packaging Industry Segmentation
Paper-based packaging products like cardboard, paperboard, shipping sacks, and paper bags are used in packaging by numerous industries. These are made from renewable resources (trees and recycled paper fiber) that are replanted to ensure a sustainable supply. This packaging type is used to pack, store, and transport goods, to store and protect the product inside during transportation.
The Australia Paper Packaging Market study tracks the demand for paper packaging through the revenue derived from selling Folding Cartons, Corrugated Boxes, and other products. The study also tracks the effects of regulations and market drivers on growth, along with factors hindering the market growth. Australia Paper Packaging Market is segmented By Product Type (Folding Cartons, Corrugated Boxes, and Others), By End-User Industry (Beverage, Food, Pharmaceutical and Healthcare, and Personal Care and Household Care). The market sizes and projections are provided in USD million for all the mentioned segments.
| Product Type | |
| Folding Cartons | |
| Corrugated Boxes | |
| Other Types (Flexible Paper and Liquid Cartons) |
| End-User Industry | |
| Beverage | |
| Food | |
| Pharmaceutical and Healthcare | |
| Personal Care and Household Care | |
| Other End-user Industries |
Australia Paper Packaging Market Research FAQs
What is the current Australia Paper Packaging Market size?
The Australia Paper Packaging Market is projected to register a CAGR of 4.20% during the forecast period (2024-2029)
Who are the key players in Australia Paper Packaging Market?
Visy Industries Holdings Pty Ltd., Paper Australia Pty Ltd (Nippon Paper Industries), Abbe Corrugated Pty Ltd., Pro-Pac Packaging Limited and JacPak Pty Ltd are the major companies operating in the Australia Paper Packaging Market.
What years does this Australia Paper Packaging Market cover?
The report covers the Australia Paper Packaging Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Australia Paper Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Australia Paper Packaging Industry Report
Statistics for the 2024 Australia Paper Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Australia Paper Packaging analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
