Market Share of Australia Contract Packaging Industry
The Australian contract packaging market is fragmented with the presence of major players like Multipack-LJM (Probiotec Limited), Rapid Pak, PakCo, Outsource Packaging, and FoodPak. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In April 2023, Joint venture developers Frasers Property Industrial and Aware Real Estate secured Probiotec, one of the industry leaders in the contract manufacturing and packing space for pharmaceuticals, for a built-to-suit 29,808 sqm facility on a 15-year lease at The YARDS, a Premium Estate at Kemps Creek in New South Wales. Probiotec would consolidate its packaging operations across the company at the architecturally-designed facility, including a 1,118 sqm office mezzanine.
Australia Contract Packaging Market Leaders
Multipack-LJM (Probiotec Limited)
Rapid Pak
PakCo
Outsource Packaging
Food-Pak
*Disclaimer: Major Players sorted in no particular order
