Industry Analysis & Industry Trends
The Paperboard Container Manufacturing industry has contracted over the past five years due to weak demand and high competition from plastic substitutes. 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 in downstream industries. Demand from pharmaceutical production has contracted, while the food and beverage product manufacturing sector has expanded. Australian cigarette production stopped in 2014-15, with the closure of Phillip Morris Australia's and British American Tobacco's manufacturing facilities. IBISWorld estimates that industry revenue has decreased at an annualised 1.6% over the five years through 2015-16, to total $510.0 million. This includes growth of 0.4%... purchase to read more
Industry Report - Industry Key Buyers Chapter
Four major players generate the bulk of Australian production and the majority of revenue for the Paperboard Container Manufacturing industry. IBISWorld estimates that the top four industry operators account for 76.6% of industry revenue in 2015-16. The top four companies are Orora, Visy, Detmold Holdings and Colorpak. Colorpak's acquisition of Carter Holt Harvey's folding carton business in 2011 led to the consolidation of two large industry operators, increasing market concentration.
In the past couple of years, market share concentration has increased due to product innovation by the larger industry operators, with larger research and development budgets, and consolidation in the industry. This has led to increased demand for these products... purchase to read more