2014-02-07 06:53:01 - Plastic Products in Australia: ISIC 252 - a new market research report on companiesandmarkets.com
Australian plastic products market contracts 2% over 2007-2012, but market recovers and registers annual growth of 5-6% towards end of review period. Plastic plates, sheets, tubes and profiles form best-selling category, capturing around 46% of sales at end of review period.
Over review period value of imports grows by average of 3% annually, importance of imports in market increases. Value of local production of plastic products contracts nearly 9% over 2007-2012 to nearly A$10.5 billion at end of review period.
Profits decline 4% over review period to A$1.3 billion in 2012, profitability reaches 12%. Industry turnover expected to see 3% CAGR over 2013-2018 forecast period.
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