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Australia packaging services market totalled A$1.1Bn in 2010

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Packaging Services in Australia: ISIC 7495 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-02 06:47:02
The Australian market for packaging services grew at an average annual rate of 9% over the review period of 2000-2010. Packaging is essential in contemporary Australian society, bringing real benefits to all Australians and playing a key role in the production, preservation, distribution and marketing of goods. In 2010 total sales value reached A$1.1 billion.

Despite the fact that currently the consumers in the reviewed market are largely diversified, there is a trend for buyer concentration. Many commercial consumers, which use packaging services are consolidating in order to benefit from economies of scale, hence the customer base in the reviewed market should also consolidate.

The largest proportion of services sold in the market was purchased by business-to-business buyers. These customers accounted for 95% of total market value throughout the review period, with this share fluctuating only marginally.

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