Australia

In 2023, homewares in Australia witnessed a convergence of functionality and aesthetics, with consumers prioritising practicality alongside visual appeal. Space-saving solutions became a dominant theme, as evidenced by the surge in popularity of…

In 2023, Ryobi (Techtronic Industries Australasia Pty Ltd) recorded more than 40% value growth in home improvement in Australia, driven by its leadership of power tools, where its range includes cordless drills and other corded power tools. Ryobi is…

Despite a marginal decline for home furnishings in Australia in 2023, value sales remained above pre-pandemic levels. The Australian housing landscape, particularly in urban areas, is witnessing a rise in compact apartments and houses. This trend,…

In 2023, value sales of home and garden in Australia experienced a marginal decline following an increase the previous year. This was due to several factors, including the higher cost of living. As inflation swept Australia in 2023, it led to a rise…

In 2023, value sales of indoor plants in Australia recorded a further increase, driven in part by the rising influence of biophilic designs. Biophilia, which translates to “love of nature”, involves the integration of natural elements within indoor…

In 2023, thin wall plastic containers recorded dynamic growth in jam and preserves packaging, helping this pack type to gain share in this category. Thin wall plastic containers have good barrier properties to protect against external elements such…

In 2023, glass bottles continued to maintain their dominance in packaging unit volume terms in chilli sauces, and also continued to gain share in this category. Glass bottles are inert, meaning they do not react chemically with the contents of the…

In 2023, flexible plastic, already the leading pack type in frozen processed meat, was also continuing to gain share in this category. Flexible plastic provides a barrier that helps protect the meat from freezer burn, which can occur when air meets…

In 2023, thin wall plastic containers continued to gain unit volume share from metal food cans in shelf stable fruit. As thin wall plastic containers provide a balance between protection, convenience and cost-effectiveness. This makes them a popular…

Plant-based milk remains the dominant product in plant-based dairy in Australia, with the overall category continuing to benefit from the growing veganism trend in Australia in 2023. This trend is significantly impacting the popularity of plant-based…

Thin wall plastic containers have been gaining share in soup packaging, with this shift due to a number of reasons. Firstly, these containers are lightweight as well as easy to use and handle, making them a convenient option for both manufacturers…

Due to their versatile nature, PET bottles continued to gain share from HDPE bottles in fresh milk packaging in 2023. PET bottles are lightweight, which makes them easier to handle and transport, while also offering resistance to breakage. PET…

Folding cartons remained the main pack type in boxed assortments packaging, as these products are often associated with luxury in Australia. Boxed assortments containing high-grade chocolate or exotic nuts are generally packaged in folding cartons.…

Plastic pouches continued to account for the largest pack type share in Australian baby food in 2023, driven by their leadership in prepared baby food, which is the largest baby food category in unit volume sales terms. Plastic pouches are relatively…

Contrary to traditional toys and games, video games in Australia maintained strong double-digit growth in 2023, driven mainly by digital games. Unlike traditional toys, video games is far from reaching maturity in the local market as the category…

Value sales of traditional toys and games in Australia experienced a double-digit decline in 2023, as high inflation and interest rates notably impacted the cost of living. This resulted in low consumer confidence as many Australians attempted to…

Traditional toys and games and video games in Australia recorded contrasting performances in 2023. Traditional toys and games suffered a significant blow due to soaring inflation and interest rates, sparking concerns about the rising cost of living.…

In 2023, Australia’s real GDP growth slowed to 2.0%, but still surpassed the average growth of developed economies. Following a projected further deceleration in 2024, the economy is predicted to expand at a CAGR of 2.1% over 2023-2028, supported by…