Market revenue in 2024 | USD 6,250.1 million |
Market revenue in 2030 | USD 8,743.6 million |
Growth rate | 5.8% (CAGR from 2024 to 2030) |
Largest segment | Flexible |
Fastest growing segment | Flexible |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Rigid, Semi-rigid, Flexible |
Key market players worldwide | Amcor PLC, Sealed Air Corp, Sonoco Products Co, Berry Global Group Inc, WestRock Co, Mondi PLC, Genpak, Pactiv Evergreen Inc Ordinary Shares, Winpak Ltd, Alpha Packaging, Packaging Corp of America, Emmerson Resources Ltd, ProAmpac |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to food packaging market will help companies and investors design strategic landscapes.
Flexible was the largest segment with a revenue share of 48.56% in 2024. Horizon Databook has segmented the Australia food packaging market based on rigid, semi-rigid, flexible covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing awareness among the Australian population regarding their health, coupled with rising awareness among them about the importance of consuming high-quality packaged food, is expected to increase the demand for food packaging solutions incorporated with antimicrobial and antioxidant additives in the coming years.
Furthermore, increasing efforts undertaken by food packaging companies to use recycled plastic or alternate sustainable packaging materials, such as paper, bagasse, and biodegradable plastics, among others, are expected to bolster market growth over the forecast period.
The high level of design flexibility offered by flexible packaging is expected to offer new opportunities to food packaging companies to bring about innovations in food packaging products, thus driving the market growth in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia food packaging market , including forecasts for subscribers. This country databook contains high-level insights into Australia food packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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