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Packaging Services in Australia - Market Research Report (2015-2030)

Andrew Ledovskikh Andrew Ledovskikh Melbourne, Australia Last Updated: February 2025 ANZSIC N7320

Revenue

$3.6bn

2025-26

$3.8bn

Past 5-Year Growth

Profit

$XXX.Xm

Employees

11,666

Businesses

1,025

Wages

$XXX.Xm

Packaging Services in Australia industry analysis

Stable growth in population and consumption expenditure have supported demand for packaging. Disruptions due to the pandemic and spiking material costs post-pandemic have created some volatility, but average packaging demand growth has remained steady overall. The industry temporarily benefited from supply chain logjams and soaring shipping during the pandemic, which boosted demand over the three years through 2021-22 as companies shifted from foreign packaging services providers to domestic firms. The industry normalised over the two years through 2024-25 with stagnant demand growth as companies returned to foreign packaging providers as shipping costs and delivery times rebounded closer to pre-pandemic levels. Overall, industry revenue is forecast to grow by an annualised 4.0% over the five years through 2024-25, to reach an estimated $3.6 billion, this includes a 0.1% decline in the current year.

Trends and Insights

  • Activity in many of the industry’s key markets has been subdued in recent years. However, manufacturers and wholesalers are increasingly outsourcing packaging services to reduce costs and boost competitiveness with imports.
  • Operators that provide pharmaceutical goods packaging services have benefited from a rise in demand from pharmaceutical product manufacturers. An ageing population, the pandemic and a greater incidence of chronic disease have lifted demand for pharmaceutical products.
  • The geographical distribution of industry enterprises is broadly correlated with the distribution of the Australian population and national economic activity. That’s why most establishments are located in Victoria, New South Wales and Queensland.
  • The Packaging Services industry displays a moderate level of competition. Due to the specialised nature of many packaging operations, packaging services providers generally compete with other operators that offer similar services instead of the wider industry.

Access hundreds of data points and trends

  • Market estimates from 2015-2030
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2015-2030)

Industry revenue has grown at a CAGR of 4.0 % over the past five years, to reach an estimated $3.6bn in 2025.

Trends and Insights

Rising material costs have supported growth but eroded margins

  • Surging world crude oil prices and supply chain disruptions have caused plastic, glass and paper prices to soar over the past five years. Material prices remained relatively steady over the two years through 2020-21, in the early stages of the pandemic, as economic uncertainty dampened demand. However, over the two years through 2022-23 prices spiked due to the onset of the Russia-Ukraine conflict and supply chain logjams.
  • Additional trends and insights available with purchase
Packaging Services in Australia
Revenue (2015-2030)
IBISWorld Logo Source: IBISWorld

Industry outlook (2025-2030)

Market size is projected to grow over the next five years.

Trends and Insights

A growing focus on sustainable packaging will affect packaging services providers

  • The effect that packaging products have on the environment is a growing issue for the industry. Consumer awareness of the environmental issues related to packaging, particularly plastic packaging, is rising and this is encouraging companies to use alternative materials and promote increased recyclability for their products. This is set to contribute to materials like paper and paperboard consuming demand for plastic packaging, as these alternatives are more recyclable and recoverable.

Biggest companies in the Packaging Services in Australia

Company
Market Share (%)
2025
Revenue ($short_0)
2025

There are no companies that hold a large enough market share in the Packaging Services in Australia industry for IBISWorld to include in this product.

Products & Services Segmentation

Packaging Services in Australia
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Pharmaceutical goods packaging, Cosmetics and toiletries packaging and Food and beverage packaging. Pharmaceutical goods packaging is the largest segment of the Packaging Services in Australia.

Trends and Insights

Growing import competition has limited food and beverage packaging demand

  • This segment includes packing foodstuffs, fresh fruits and vegetables, and alcoholic and non-alcoholic beverages.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Industry firms pack goods in bottles, cans, collapsible tubes, cartons, plastic sachets, film or bags, and other containers or materials.

What's included in this industry?

Pharmaceutical goods packagingCosmetics and toiletries packagingFood and beverage packagingChemical goods packagingGeneral merchandise packagingCleaning products packagingPaint and adhesives packaging

Companies

Purchase this report to view all major companies in this industry.

Related Terms

BIOPLASTICSCOUNTRY OF ORIGINRETORT POUCHCARBON FOOTPRINTCIRCULAR ECONOMY

Industry Code

ANZSIC 2006

ANZSIC 7320 - Packaging Services in Australia

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Activity in many of the industry’s key markets has been subdued in recent years. However, manufacturers and wholesalers are increasingly outsourcing packaging services to red...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2015-2024) and forecast (2025-2030)
  • Employees, including historical (2015-2024) and forecast (2025-2030)
  • Businesses, including historical (2015-2024) and forecast (2025-2030)
  • Profit, including historical (2015-2025)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Operators that provide pharmaceutical goods packaging services have benefited from a rise in demand from pharmaceutical product manufacturers. An ageing population, the pande...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2025
  • Product innovation level

Charts

  • Products & services segmentation in 2025
  • Major market segmentation in 2025

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

The geographical distribution of industry enterprises is broadly correlated with the distribution of the Australian population and national economic activity. That’s why most...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2025

Tables

  • Number and share of establishments in each region in 2025
  • Number and share of revenue each region accounts for in 2025
  • Number and share of wages each region accounts for in 2025
  • Number and share of employees in each region in 2025

Detailed analysis

  • Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

The Packaging Services industry displays a moderate level of competition. Due to the specialised nature of many packaging operations, packaging services providers generally c...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2020-2025
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

No companies in the Packaging Services industry account for over 5.0% of the market. Operators tend to operate on a small scale, specialising in providing packaging services ...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2021 through 2025
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2025

Detailed analysis

    External Environment

    Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

    Analyst insights

    The Packaging Services industry is subject to moderate regulation, a trend that has increased in recent years. Regulations regarding packaging and labelling products vary wid...

    In this chapter

    • External Drivers
    • Regulation & Policy
    • Assistance

    Key metrics

    • Regulation & policy level and trend
    • Assistance level and trend

    Charts

    • Regulation & Policy historical data and forecast (2015-2030) 
    • Assistance historical data and forecast (2015-2030) 

    Detailed analysis

    • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
    • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
    • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

    Financial Benchmarks

    View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

    Analyst insights

    Increasing prices for many inputs and fierce price-based competition have caused profit margins to fall in recent years. However, solid demand growth has limited this decline...

    In this chapter

    • Cost Structure
    • Financial Ratios
    • Key Ratios

    Key metrics

    • Profit margin, and how it compares to the sector-wide margin
    • Average wages, and how it compares to the sector-wide average wage
    • Largest cost component as a percentage of revenue
    • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

    Charts

    • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
    • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
    • Investment vs. share of economy

    Data tables

    • Cash Flow & Debt Service Ratios (2015-2030)
    • Revenue per Employee (2015-2030)
    • Revenue per Enterprise (2015-2030)
    • Employees per Establishment (2015-2030)
    • Employees per Enterprise (2015-2030)
    • Average Wage (2015-2030)
    • Wages/Revenue (2015-2030)
    • Establishments per Enterprise (2015-2030)
    • IVA/Revenue (2015-2030)
    • Imports/Demand (2015-2030)
    • Exports/Revenue (2015-2030)

    Detailed analysis

    • Trends in the cost component for industry operators and their impact on industry costs and profitability 

    Key Statistics

    Industry Data

    Data Tables

    Including values and annual change:

    • Revenue (2015-2030)
    • IVA (2015-2030)
    • Establishments (2015-2030)
    • Enterprises (2015-2030)
    • Employment (2015-2030)
    • Exports (2015-2030)
    • Imports (2015-2030)
    • Wages (2015-2030)

    Top Questions Answered

    Unlock comprehensive answers and precise data upon purchase. View purchase options.

    What is the market size of the Packaging Services industry in Australia in 2025?

    The market size of the Packaging Services industry in Australia is $3.6bn in 2025.

    How many businesses are there in the Packaging Services in Australia industry in 2025?

    There are 1,025 businesses in the Packaging Services industry in Australia, which has grown at a CAGR of 0.4 % between 2020 and 2025.

    Has the Packaging Services industry in Australia grown or declined over the past 5 years?

    The market size of the Packaging Services industry in Australia has been growing at a CAGR of 4.0 % between 2020 and 2025.

    What is the forecast growth of the Packaging Services industry in Australia over the next 5 years?

    Over the next five years, the Packaging Services industry in Australia is expected to grow.

    What does the Packaging Services in Australia include?

    Pharmaceutical goods packaging and Cosmetics and toiletries packaging are part of the Packaging Services industry.

    How competitive is the Packaging Services industry in Australia?

    The level of competition is moderate and increasing in the Packaging Services industry in Australia.

    Related Industries

    Widen your competitive advantage with related industries

    Competitors

    • There are no industries to display.

    View all industries in Australia

    Methodology

    How are IBISWorld reports created?

    IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

    Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

    IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

    What data sources do IBISWorld analysts use?

    Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

    Key data sources in Australia include:

    • Australian Bureau of Statistics
    • Australian Taxation Office
    • Australian Securities & Investments Commission

    Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

    These sources include:

    • Industry and trade associations
    • Industry federations or regulators
    • Major industry players annual or quarterly filings

    Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

    How does IBISWorld forecast its data?

    IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

    IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

    Learn more about our methodology and data sourcing on the Help Center.