Australia Pallet Wraps Market Report and Forecast 2024-2032

Australia Pallet Wraps Market Outlook

The Australia pallet wraps market size is projected to grow at a CAGR of 4.0% between 2024 and 2032.

Key Takeaways

• The Australian Packaging Covenant Organisation established targets for recycled content in plastic packaging: 30% for polyethylene terephthalate (PET), 20% for high-density polyethylene (HDPE), and 20% for polypropylene (PP).

• Australia set the 2025 National Packaging Targets in 2018, aiming for all packaging to be reusable, recyclable, or compostable, 70% plastic recycling, 50% recycled content, and phasing out single-use plastics.

• As per the Department of Climate Change, Energy, the Environment, and Water, Australia had 6.74 million tonnes of packaging placed on the market (POM) in 2020–21.

Machine rolls drive the Australia pallet wraps market growth as they are tailored to pallet wrapping machines, streamlining the pallet wrapping process for substantial time savings and enhanced efficiency with high pallet volumes

Machine rolls automate pallet wrapping, saving time, and ensuring consistency with controlled tension, resulting in long-term cost savings, reduced labour, and operator safety.

Hand wrap rolls offer versatility, ease of use, flexibility, portability, and cost-effectiveness for small-scale operations without requiring a pallet wrapping machine.

A significant advancement for the Australia pallet wraps industry occurred as Great Wrap, a Melbourne-based material science company, introduced the world's inaugural compostable pallet wrap made from food waste.

Further, A B Corp-certified material science firm partnered with Spiral Foods to introduce Great Wrap's compostable cling wrap in their supply chain. Great Wrap, Australia's sole compostable stretch wrap producer, debuted the world's first compostable pallet wrap from food waste.

Market Segmentation

Australia Pallet Wraps Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

• Machine Rolls

• Hand Wrap Rolls

• Others

Market Breakup by Material Type

• Polyvinylidene Chloride (PVDC)

• Polypropylene (PP)

• Polyamide (PA)

• Polyethylene Terephthalate (PET)
  • HDPE
  • LLDPE
  • LDPE

• Others

Market Breakup by Thickness

• Less than 15 mm

• 15 mm to 30 mm

• 31 mm to 45 mm

• Above 45 mm

Market Breakup by Film Type

• Cast Film

• Blow Film

• Others

Market Breakup by Machine Type

• Pallet Stretch Wrappers

• Pallet Shrink Wrappers

Market Breakup by Automation Type

• Manual

• Semi-automatic

• Automatic

Market Breakup by End Use

• Pharmaceuticals

• Food and Beverages

• Personal Care and Cosmetics

• Chemical and Fertilizers

• Automotive

• Electrical and Electronics

• Consumer goods

• Others

Market Breakup by Region

• New South Wales

• Victoria

• Queensland

• Australian Capital Territory

• Western Australia

• Others

The key players in the Australia pallet wraps market are Signode Industrial Group LLC, Pacific Bags Australia Pty Ltd., Fromm Packaging Australia Pty Ltd, Australian Wrapping Company Pty Ltd., Green Master Packaging Pty Ltd., Power Packaging Pty Ltd., and Allpack Packaging Technologies Pty Ltd. among others.

Key Highlights of the Report

Australia Pallet Wraps Market Report Snapshots

Australia Pallet Wraps Market Size

Australia Pallet Wraps Companies