Pharmaceuticals Packing and Labelling Services in Australia - Market Research Report (2014-2029)
Melbourne, Australia
Last Updated: September 2024
ANZSIC OD5451Revenue
$831.0m
Past 5-Year Growth
Profit
$XX.Xm
Employees
1,652
Businesses
220
Wages
$XXX.Xm
Pharmaceuticals Packing and Labelling Services in Australia industry analysis
The Pharmaceuticals Packing and Labelling Services industry’s performance is closely linked to upstream pharmaceutical manufacturing operations. Pharmaceutical packaging companies have continued to benefit from the perception that packaging is an integral part of the drug delivery system, especially given rising safety and counterfeit concerns. Continuous development of innovative pharmaceutical products like self-administered drug delivery devices is also driving demand for new pharmaceutical packaging products, including pre-filled syringes and unit dose vials. Simultaneously, pharmaceutical packaging companies have benefited from rapid technological change within the wider packaging sector, with a growing number of pharmaceutical packaging companies now incorporating RFID technologies and QR-enabled packaging.
Trends and Insights
- The Pharmaceuticals Packing and Labelling Services industry’s performance is closely linked to upstream pharmaceutical manufacturing operations. These interlinkages heighten packing companies' susceptibility to both local and global pharmaceutical supply chain developments.
- Primary packaging services are the industry’s main revenue stream. However, companies also offer labelling and various other services, sometimes for imported products that need to be repackaged or relabelled to comply with local requirements.
- Industry enterprises largely follow the same distribution trends as pharmaceutical product manufacturers. Pharmaceutical packaging companies prefer to be in close proximity to their target markets to more easily offer viable outsourcing processes.
- Competition is primarily based on cost, service range, technical expertise, location and reputation. Packaging companies that are competitively placed in these areas can gain a strong reputation and repeat business.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 0.9 % over the past five years, to reach an estimated $831.0m in 2024.
Trends and Insights
Upstream developments are swaying performance
- The Pharmaceuticals Packing and Labelling Services industry’s performance depends on the Pharmaceutical Product Manufacturing industry, which has recently undergone significant structural change as it adapts to a changing operating environment.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Modest growth prospects are ahead
- Prospects for the Pharmaceuticals Packing and Labelling Services industry appear favourable, supported by growth in the upstream Pharmaceutical Product Manufacturing industry. Any moves to strengthen local pharmaceutical manufacturing capacity to reduce Australia’s import reliance may benefit pharmaceutical packaging and labelling companies as associated contract packaging and labelling services demand increases.
Biggest companies in the Pharmaceuticals Packing and Labelling Services in Australia
| Company | Market Share (%)
2025 | Revenue ($m)
2025 |
|---|---|---|
Probiotec | 40.0 | |
Pact Group | 35.0 | |
Endeavour Foundation | 19.5 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Primary packaging services, Labelling, shrink-wrapping and cartoning and Other packing services. Primary packaging services is the largest segment of the Pharmaceuticals Packing and Labelling Services in Australia.
Trends and Insights
Primary packaging services represent the largest product segment
- Primary packaging refers to packing and sealing solid, liquid or semi-solid pharmaceutical doses. Some primary packaging includes blister packs, plastic bottles, caps and closures, parenteral containers, pre-fillable inhalers, pouches and medication tubes. Blister packs and bottles are this segment’s most common packaging.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Pharmaceutical Product Manufacturing in Australia
Complementors
- Plastic Pipe and Plastic Packaging Material Manufacturing in Australia
- Packaging Services in Australia
- Pharmacies in Australia
International industries
- Pharmaceuticals Packing & Labeling Services in the US
- Packaging Services in the UK
Table of Contents
About this industry
Industry definition
Industry operators provide packaging and labelling services to manufacturers and wholesalers of pharmaceutical goods on contract.
What's included in this industry?
Primary packaging servicesLabelling, shrink-wrapping and cartoning servicesCompanies
ProbiotecPact GroupEndeavour FoundationPurchase this report to view all 3 major companies in this industry.
Related Terms
BLISTER PACKOVER-THE-COUNTER (OTC)RADIOFREQUENCY IDENTIFICATION (RFID)Industry Code
ANZSIC 7320 - Pharmaceuticals Packing and Labelling Services in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
The Pharmaceuticals Packing and Labelling Services industry’s performance is closely linked to upstream pharmaceutical manufacturing operations. These interlinkages heighten ...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Primary packaging services are the industry’s main revenue stream. However, companies also offer labelling and various other services, sometimes for imported products that ne...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Industry enterprises largely follow the same distribution trends as pharmaceutical product manufacturers. Pharmaceutical packaging companies prefer to be in close proximity t...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Competition is primarily based on cost, service range, technical expertise, location and reputation. Packaging companies that are competitively placed in these areas can gain...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The Pharmaceuticals Packing and Labelling industry is highly fragmented. Manufacturers tend to only provide pharmaceutical packaging as a small subset of their packaging serv...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Probiotec's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Pact Group's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Endeavour Foundation's performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for Probiotec, and factors influencing its performance in the industry
- Description and key data for Pact Group, and factors influencing its performance in the industry
- Description and key data for Endeavour Foundation, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Industry manufacturers provide third-party packing and labelling services to upstream pharmaceutical product manufacturers and wholesalers. This dependency makes them suscept...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Individual manufacturers’ cost structure depends on the operational scale and service provisions. While the industry’s cost structure represents the average cost structure, p...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Pharmaceuticals Packing and Labelling Services industry in Australia in 2024?
The market size of the Pharmaceuticals Packing and Labelling Services industry in Australia is $831.0m in 2024.
How many businesses are there in the Pharmaceuticals Packing and Labelling Services in Australia industry in 2024?
There are 220 businesses in the Pharmaceuticals Packing and Labelling Services industry in Australia, which has grown at a CAGR of 0.3 % between 2019 and 2024.
Has the Pharmaceuticals Packing and Labelling Services industry in Australia grown or declined over the past 5 years?
The market size of the Pharmaceuticals Packing and Labelling Services industry in Australia has been declining at a CAGR of 0.9 % between 2019 and 2024.
What is the forecast growth of the Pharmaceuticals Packing and Labelling Services industry in Australia over the next 5 years?
Over the next five years, the Pharmaceuticals Packing and Labelling Services industry in Australia is expected to grow.
What are the biggest companies in the Pharmaceuticals Packing and Labelling Services market in Australia?
The biggest companies operating in the Pharmaceuticals Packing and Labelling Services market in Australia are Probiotec, Pact Group and Endeavour Foundation
What does the Pharmaceuticals Packing and Labelling Services in Australia include?
Primary packaging services and Labelling, shrink-wrapping and cartoning services are part of the Pharmaceuticals Packing and Labelling Services industry.
Which companies have the highest market share in the Pharmaceuticals Packing and Labelling Services in Australia?
The company holding the most market share in Australia is Probiotec.
How competitive is the Pharmaceuticals Packing and Labelling Services industry in Australia?
The level of competition is moderate and steady in the Pharmaceuticals Packing and Labelling Services industry in Australia.
