Industry Analysis & Industry Trends
The Plastic Bag and Film Manufacturing industry has struggled over the past five years due to strong and rising competition from cheaper imported products, and sluggish domestic demand for plastic bags and films. Imports from countries with lower operating costs, particularly China, dominate the industry's generic product segments, including high-density polyethylene (HDPE) supermarket bags, low-density polyethylene (LDPE) retail bags and other plastic garbage bags. Many small-scale local companies that manufacture these products have been increasingly unable to compete on price, which has caused enterprise and establishment numbers to decline over the past five years.
Revenue is expected to fall at a compound annual rate of 0.3% over the five years through 2015-16, to reach $2.2... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry exhibits a medium market share concentration. In 2015-16, the industry's four largest companies are estimated to account for just over 40% of total revenue. Amcor, Sealed Air Australia and Integrated Packaging, the industry's three major players, together account for over 35% of total revenue in 2015-16. These players have diversified product groups that are demanded in a range of downstream markets, including manufacturing, wholesaling, retailing, construction and agricultural industries.
Aside from the industry's three major players, there are a large number of small firms that satisfy niche markets in the industry... purchase to read more