Australia PE Films Market Analysis
Technological Advances and Impact on Cost
Major Global Trends in PE Films
Supplier List and Service Capabilities
Category Intelligence on PE Films Australia covers the following
Australian PE films packaging market is expected to grow at a CAGR of 2-3% to reach a value of 1.8 MMT by 2023, mainly driven by food and beverages market, which is expected to grow at a CAGR of 11-12% (2018-23F) .In beverages, alcoholic drinks segments which is expected to grow at a moderate CAGR of 3.5-4%(2018-23F) would be one of the major drivers of PE Films in the country. Large growth is expected from bottled water and soft drinks, which are likely to accelerate volume additions and low cost product advancements in Australian PE films packaging market.
APAC would witness a growth rate of 2-3 percent, until 2023. The major drivers would be high end use demand from food and beverages segment. The country would not face any supply constraints in PE Films owing to the presence of fairly fragmented supply base.
Technology and Innovation
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