Industry Analysis & Industry Trends
Industry revenue has increased at a relatively stable pace in the five years through 2013-14, mainly due to steady demand from food and beverage manufacturers. The industry is characterised by a low level of international trade due to the low value of industry products. Industry performance therefore heavily depends on activity within downstream industries. IBISWorld estimates that industry revenue has increased at an annualised 4.9% over the past five years, but this is mainly due to revenue coming off a low base in 2008-09. Industry revenue contracted in 2008-09 due to lower consumer sentiment and expenditure resulting from the global financial crisis. Revenue is expected to increase by 2.1% over 2013-14 to $686.1 million... purchase to read more
Industry Report - Starting a New Business Chapter
The Paperboard Container Manufacturing industry has high barriers to entry, mainly concentrated around capital and financing required starting a business in paper and paperboard converting. Operators may need to purchase one or more converting machines, which range in price from thousands to tens of thousands of dollars. Finance is also needed for securing a location, and other fixed costs. No specific licences or permits are required for operations, lessening barriers for new entrants.
The majority of operations will have no choice but to borrow the kind of capital that is involved in operating within the industry. However, financial institutions can be reluctant to lend to a business that may be faced with strong competition from large corporations... purchase to read more