Due to their ease of use and cost advantages, demand for plastic blow moulded products has grown. The application of industry products for packaging purposes has expanded to include alcoholic beverages, such as beer and wine. In the process, the industry's production capabilities and efficiencies have risen to meet growing demand from downstream industries, while staying comfortably profitable in tough economic conditions.
Industry growth has remained stable over the past five years, even during periods of economic downturn. Revenue and profit margins being largely unaffected by tough economic conditions shows the steady demand for plastic blow moulded products in Australia.
Companies in this industry manufacture plastic bottles and other plastic products using the blow moulding method.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.