Market revenue in 2023 | USD 1,039.2 million |
Market revenue in 2030 | USD 1,558.5 million |
Growth rate | 6% (CAGR from 2023 to 2030) |
Largest segment | Plastic |
Fastest growing segment | Metal |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Plastic, Metal, Wood |
Key market players worldwide | AMETEK Inc, Incitec Pivot Ltd, Packaged Pumping Stations, Tri-pack Packaging Systems, ORBIS Corp., Nefab Group, CHEP, Four U Packaging & Supplies, UBEECO Packaging Solutions, Returnable Packaging Resource, RPP Containers, Brookfield Business Partners LP |
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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 returnable packaging market will help companies and investors design strategic landscapes.
Plastic was the largest segment with a revenue share of 62.17% in 2023. Horizon Databook has segmented the Australia returnable packaging market based on plastic, metal, wood covering the revenue growth of each sub-segment from 2018 to 2030.
Australia is witnessing a notable growth in the demand for packaging machinery and products. The entire packaging industry is focused majorly on developing packaging solutions to reduce costs and improve efficiency.
Growth of e-commerce business in the country has triggered a major shift in the packaging demand owing to the changing consumer preferences towards sustainable packaging.
Environment ministers of Australia founded the Australian Packaging Covenant organization and developed a five-year strategic plan in consultation with Australian states and territory government for the years 2017-2022.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia returnable packaging market , including forecasts for subscribers. This country databook contains high-level insights into Australia returnable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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