Product Code: ETC6190918 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The shrink bags market in Australia is experiencing steady growth, mainly due to their widespread use in the food packaging industry. Shrink bags are preferred for packaging meats, poultry, and seafood because of their ability to tightly conform to the product and extend shelf life. With consumer demand for fresh and hygienic packaging, shrink bags offer a protective barrier that prevents contamination. Additionally, technological advancements, including the development of biodegradable shrink bags, are contributing to the market`s evolution towards more sustainable packaging solutions.
The Australian shrink bags market is experiencing growth as the demand for flexible packaging solutions continues to rise. Shrink bags are particularly popular in the food packaging industry due to their ability to extend shelf life and enhance product visibility. There is a growing trend towards sustainable packaging options, with a focus on recyclable and biodegradable materials. Additionally, the rise of e-commerce and the need for tamper-evident packaging are driving the adoption of shrink bags for both retail and online sales.
The shrink bags market in Australia faces significant challenges related to environmental concerns and sustainability. The growing awareness about plastic waste and its impact on the environment is pushing companies to seek alternatives to traditional plastic shrink bags. However, the development and adoption of biodegradable or recyclable shrink bags are often hindered by higher production costs and the need for new manufacturing technologies. Additionally, the market is highly dependent on the food packaging industry, and any fluctuations in demand within this sector can directly affect shrink bag sales. The cost of raw materials, particularly plastic resins, has also been volatile, which poses a challenge to maintaining affordable prices.
The growth in packaged meat, cheese, and other perishable food segments is driving demand for shrink bags. Investments in high-barrier, recyclable materials, and advanced sealing technologies will benefit manufacturers aiming to cater to food processors and retailers. Innovation in packaging that extends shelf life or offers tamper-evident features is also gaining interest.
Government policies that promote sustainable packaging and reduce single-use plastics have a direct impact on the shrink bags market. The governments regulations around plastic use, waste management, and recycling standards are encouraging businesses to transition to recyclable or compostable shrink bag alternatives. Policy support through grants and innovation programs is also stimulating green packaging solutions.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Shrink Bags Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Shrink Bags Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Shrink Bags Market - Industry Life Cycle |
3.4 Australia Shrink Bags Market - Porter's Five Forces |
3.5 Australia Shrink Bags Market Revenues & Volume Share, By Barrier Type, 2021 & 2031F |
3.6 Australia Shrink Bags Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Australia Shrink Bags Market Revenues & Volume Share, By Thickness Type, 2021 & 2031F |
3.8 Australia Shrink Bags Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.9 Australia Shrink Bags Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Shrink Bags Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Shrink Bags Market Trends |
6 Australia Shrink Bags Market, By Types |
6.1 Australia Shrink Bags Market, By Barrier Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Shrink Bags Market Revenues & Volume, By Barrier Type, 2021- 2031F |
6.1.3 Australia Shrink Bags Market Revenues & Volume, By Low Barrier, 2021- 2031F |
6.1.4 Australia Shrink Bags Market Revenues & Volume, By Medium Barrier, 2021- 2031F |
6.1.5 Australia Shrink Bags Market Revenues & Volume, By High Barrier, 2021- 2031F |
6.1.6 Australia Shrink Bags Market Revenues & Volume, By Ultra High Barrier, 2021- 2031F |
6.2 Australia Shrink Bags Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Shrink Bags Market Revenues & Volume, By Round Bottom, 2021- 2031F |
6.2.3 Australia Shrink Bags Market Revenues & Volume, By Straight Bottom, 2021- 2031F |
6.2.4 Australia Shrink Bags Market Revenues & Volume, By Side Sealed, 2021- 2031F |
6.2.5 Australia Shrink Bags Market Revenues & Volume, By Sleeve Wrapper Bag, 2021- 2031F |
6.2.6 Australia Shrink Bags Market Revenues & Volume, By L-Sealers, 2021- 2031F |
6.2.7 Australia Shrink Bags Market Revenues & Volume, By Lap Sealers, 2021- 2031F |
6.3 Australia Shrink Bags Market, By Thickness Type |
6.3.1 Overview and Analysis |
6.3.2 Australia Shrink Bags Market Revenues & Volume, By Up to 50 Micron, 2021- 2031F |
6.3.3 Australia Shrink Bags Market Revenues & Volume, By 50 to 70 Micron, 2021- 2031F |
6.3.4 Australia Shrink Bags Market Revenues & Volume, By 70 to 90 Micron, 2021- 2031F |
6.3.5 Australia Shrink Bags Market Revenues & Volume, By 90 to 110 Micron, 2021- 2031F |
6.3.6 Australia Shrink Bags Market Revenues & Volume, By Above 110 Micron, 2021- 2031F |
6.4 Australia Shrink Bags Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Australia Shrink Bags Market Revenues & Volume, By Automatic, 2021- 2031F |
6.4.3 Australia Shrink Bags Market Revenues & Volume, By Semi-Automatic, 2021- 2031F |
6.4.4 Australia Shrink Bags Market Revenues & Volume, By Fully-Automatic, 2021- 2031F |
6.4.5 Australia Shrink Bags Market Revenues & Volume, By Manual, 2021- 2031F |
6.5 Australia Shrink Bags Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Australia Shrink Bags Market Revenues & Volume, By Food, 2021- 2031F |
6.5.3 Australia Shrink Bags Market Revenues & Volume, By Electronics, 2021- 2031F |
6.5.4 Australia Shrink Bags Market Revenues & Volume, By Cosmetics & Personal Care, 2021- 2031F |
6.5.5 Australia Shrink Bags Market Revenues & Volume, By Healthcare & Pharmaceuticals, 2021- 2031F |
6.5.6 Australia Shrink Bags Market Revenues & Volume, By Industrial, 2021- 2031F |
6.5.7 Australia Shrink Bags Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Shrink Bags Market Import-Export Trade Statistics |
7.1 Australia Shrink Bags Market Export to Major Countries |
7.2 Australia Shrink Bags Market Imports from Major Countries |
8 Australia Shrink Bags Market Key Performance Indicators |
9 Australia Shrink Bags Market - Opportunity Assessment |
9.1 Australia Shrink Bags Market Opportunity Assessment, By Barrier Type, 2021 & 2031F |
9.2 Australia Shrink Bags Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Australia Shrink Bags Market Opportunity Assessment, By Thickness Type, 2021 & 2031F |
9.4 Australia Shrink Bags Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.5 Australia Shrink Bags Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Shrink Bags Market - Competitive Landscape |
10.1 Australia Shrink Bags Market Revenue Share, By Companies, 2024 |
10.2 Australia Shrink Bags Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |