In the bag: Growing demand from downstream markets has aided industry revenue

Revenue for the Plastic Bag and Film Manufacturing industry has grown over the past five years due to favourable conditions in downstream industries. Buyers of industry products include operators in the food manufacturing, agriculture, construction and retail markets. Industry revenue is expected to rise at an annualised 1.4% over the five years through 2017-18 to reach $2.1 billion. The rise in demand has stemmed from favourable downstream conditions. However, profit has fallen over the period as industry purchase costs have grown and imports have put downward pressure on industry product prices.Industry-manufactured products include flexible plastic strips, film and sheets, and plastic bags and sacks. A...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 13-18
1.4%
Forecast Growth 18-23
Profit
Employment
4,133
Businesses
261

Industry Threats & Opportunities

  • Increased prices and favourable downstream conditions have boosted revenue
  • Industry wage costs have declined as a share of revenue due to improved efficiency
  • Continued growth in food product manufacturing and agricultural production is projected to aid revenue
  • Industry Report - Industry Locations Chapter

    The distribution of industry enterprises is skewed towards Victoria, which is expected to account for 44.7% of enterprises in 2017-18. This significantly exceeds the state's share of national population and economic activity. The industry's four largest players are headquartered in Victoria and have substantial manufacturing operations in that state. This includes Amcor Ltd, Sealed Air Australia, Integrated Packaging Group and Innovia Films (Asia Pacific). Victoria is also the main location for food manufacturing companies, which are a major demand market.Most of the remaining enterprises are located in New South Wales and Queensland. Hig...purchase to read more.

    Additional Insights for the Plastic Bag and Film Manufacturing Industry

    IBISWorld has determined the most important Key Success Factors for the Plastic Bag and Film Manufacturing are:

  • Economies of scale
  • Optimum capacity utilisation
  • Supply contracts in place for key inputs
  • IBISWorld analysts also discuss how external factors such as Demand from food product manufacturing and Demand from agriculture in the Plastic Bag and Film Manufacturing industry impact industry performance..

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    What's in this report

    What is the Plastic Bag and Film Manufacturing Industry?

    Industry firms manufacture unsupported polymer films and sheets into packaging materials such as plastic bags, thin plastic films, food wrapping, garbage bags and bubble wrap packaging.

    Industry Products
  • Plastic films
  • Plastic bags
  • Industry Activities
  • Plastic bag
  • Plastic food wrapping
  • Plastic film
  • Plastic garbage bag
  • Bubble wrap packaging
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from food product manufacturing
  • Demand from agriculture
  • Household consumption expenditure
  • Trade-weighted index
  • Demand from building construction
  • Public concerns over environmental issues

  • Current Performance
  • Import penetration
  • Downstream uses
  • Profit weakens
  • Chart: Revenue Growth

  • Industry Outlook
  • Downstream demand
  • Industry structure
  • Table: Plastic Bag and Film Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Plastic Bag and Film Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing
  • Wool Wholesaling
  • Livestock and Other Agricultural Supplies Wholesaling
  • Supermarkets and Grocery Stores

  • Key Selling Industries
  • Industrial and Agricultural Chemical Product Wholesaling
  • Industrial Machinery Manufacturing
  • Synthetic Resin and Synthetic Rubber Manufacturing

  • Products & Services
  • Plastic films
  • Plastic bags
  • Other
  • Chart: Plastic Bag and Film Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Manufacturing market
  • Agriculture market
  • Wholesale and retail markets
  • Construction market
  • Other markets
  • Chart: Major Market Segmentation for the Plastic Bag and Film Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Plastic Bag and Film Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Plastic Bag and Film Manufacturing Industry

  • Industry Globalization
    Amcor Ltd, Sealed Air Australia (Holdings) Pty Limited, Pro-Pac Packaging Limited,
  • Table: Amcor Ltd - financial performance
  • Table: Sealed Air Australia (Holdings) Pty Limited - financial performance
  • Table: Pro-Pac Packaging Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Plastic Bag and Film Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Plastic Bag and Film Manufacturing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Extrusion
  • A process used to create objects with fixed cross-sectional profiles, by pushing or drawing input materials through a die.
  • Flexibles
  • Packaging containers made of flexible or yielding materials that can easily change shape.
  • High-Density Polyethylene (Hdpe)
  • A type of thermoplastic made from petroleum that is used to make plastic supermarket bags.
  • Low-Density Polyethylene (Ldpe)
  • A type of thermoplastic made from petroleum that is used to make thicker retail bags.
  • Polymer
  • A large, molecular compound used as an input in the production of synthetic fibres such as plastic.
  • Resin
  • A natural or synthetic compound that can take many forms, depending on its chemical composition.
  • What Our Customers Say

    Why buy this report?

    The Plastic Bag and Film Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Plastic Bag and Film Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Plastic Bag and Film Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Plastic Bag and Film Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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