Australia Supplements And Nutrition Packaging Market Size & Outlook
Australia supplements and nutrition packaging market, 2018-2028 (US$M)
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Australia supplements and nutrition packaging market highlights
- The Australia supplements and nutrition packaging market generated a revenue of USD 187.2 million in 2023 and is expected to reach USD 247.1 million by 2028.
- The Australia market is expected to grow at a CAGR of 5.7% from 2024 to 2028.
- In terms of segment, primary packaging was the largest revenue generating type in 2023.
- Secondary & Tertiary Packaging is the most lucrative type segment registering the fastest growth during the forecast period.
Supplements and nutrition packaging market data book summary
| Market revenue in 2023 | USD 187.2 million |
| Market revenue in 2028 | USD 247.1 million |
| Growth rate | 5.7% (CAGR from 2023 to 2028) |
| Largest segment | Primary packaging |
| Fastest growing segment | Secondary & Tertiary Packaging |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Primary Packaging, Secondary & Tertiary Packaging |
| Key market players worldwide | Gerresheimer AG ADR, Enerpac Tool Group Corp Class A, Graham Packaging, Glenroy, Inc., Alpha Packaging, Comar, Law Print & Packaging Management, Mold Tek Packaging, OPM Corporation, Container and Packaging |
Other key industry trends
- In terms of revenue, Australia accounted for 0.4% of the global supplements and nutrition packaging market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China supplements and nutrition packaging market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 8,690.3 million by 2028.
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Supplements And Nutrition Packaging Market Scope
Supplements And Nutrition Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia supplements and nutrition packaging market outlook
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 supplements and nutrition packaging market will help companies and investors design strategic landscapes.
Primary packaging was the largest segment with a revenue share of 58.81% in 2023. Horizon Databook has segmented the Australia supplements and nutrition packaging market based on primary packaging, secondary & tertiary packaging covering the revenue growth of each sub-segment from 2018 to 2028.
Australia has been witnessing significant growth in demand for packaging solutions in the recent years, despite poor performance from downstream manufacturers. They have been struggling to scale profit against rising imports of materials which are cheaper to source from other countries like China, Thailand, and other developing nations in the region. Furthermore, end use product manufacturers are outsourcing packaging activities to reduce cost and remain competitive.
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Target buyers of Australia supplements and nutrition packaging market databook
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Our clientele includes a mix of supplements and nutrition packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia supplements and nutrition packaging market , including forecasts for subscribers. This country databook contains high-level insights into Australia supplements and nutrition packaging market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Australia supplements and nutrition packaging market size, by type, 2018-2028 (US$M)
Australia Supplements And Nutrition Packaging Market Outlook Share, 2023 & 2028 (US$M)
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