Australia plastic industry comprise of everything from manufacturing of plastic products to marketing those products within and outside Australia. The major products and services offered by Australia plastic industry include housewares, packaging, transport applications, garbage bins, electrical appliances, pipe fittings, furniture, toys etc.
Products and services of Australia plastic industry
Some major activities of the producers of Australia plastic industry are manufacturing automotive components, plastics buckets, plastic injection, garbage bins, hard surface floor coverings, moulded junctions, plastic pipes, kitchenware, picnic ware, etc.
Some key components of Australia plastic industry
Some of the key components and activities of Australia plastic industry are taxation, industry assistance programmes, capital, labor intensity and volatility checking, and use of modern technologies. There are three layers of revenue concentration, which are high concentration (70% or more revenue), medium concentration (40% and below 70%) and low concentration( less than 40%).
Taxation refers to all sorts of taxation that are specific to the Australia plastic industry. Industry assistance means granting subsidies for the improvement of the industry. The cost structure is the average cost of a company operating for this plastic industry and modern technologies refer to the machinery and equipments utilized for this plastic industry.
One market survey shows that in the year 2005, the total number of plastic establishments were 260 units, total number of enterprises were 220 units and the total number of employment were 190,050 units.
Leading companies involved with Australia plastic industry
Some of the leading companies operating in the Australia plastic industry are:
Pacific Brands Limited, Huntsman Corporation Australia Pvt. Limited, Huhtamaki Holdings Pvt. Limited etc.
Risks associated with Australia plastic industry
Major risk categories associated with this industry include:
Structural risk: These are risks associated within the industry itself
Growth risk: These are the risks, which may come up from this industry in near future
External risk: These are the risks which are external to this industry