The Plastic Injection Moulded Product Manufacturing industry has struggled over the past five years. With the rise of developing Asian economies, Australian manufacturing industries are finding it very difficult to compete with low-cost manufacturers that are able to import products and sell these goods at far lower prices. The industry is no exception and players have struggled because their major downstream markets also face intense import penetration, which limits overall domestic demand for a range of plastic injection-moulded products. Imports from China have flooded the local market, and now account for over 50.0% of the total imports in the industry.
Companies in the industry primarily manufacture rigid or semi-rigid polymer products using plastic injection moulded methods.
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.