The market is dominated by foreign suppliers, as imports account for 73.3% of total market size in 2022. Investments drive market demand, with investments representing 70.9% of total demand in 2022. Australia has the 13th largest market size for machinery for rubber, plastics and paper industries and other special purpose machinery across the top 20 developed countries, with demand reaching USD4.7 billion in 2022. Huyck Wangner Australia Pty Ltd is the largest company in Australia, generating 3.4% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 6.5% of total production value in 2022. The total number of companies increases in 2022, to 103 units. The costs of the industry decrease by 2.1% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 8.7% of production value in 2022, the eighth highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 21.0% of total production output. With production value of USD1.4 billion, Australia accounts for 85.6% of the Australasia total in 2022.
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This Euromonitor industrial report provides unique information on Machinery for Rubber, Plastics and Paper Industries and Other Special Purpose Machinery in Australia: ISIC 2929. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Rubber, Plastics and Paper Industries and Other Special Purpose Machinery in Australia: ISIC 2929 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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