The Indonesia Plastics Market size is estimated to grow at a CAGR of around 6.5% during the forecast period, i.e., 2025-30.
Global Indonesia Plastics Market Driver:
Growing Demand from the Packaging Industry Driving Market Growth & Expansion – Plastics are crucial in the packaging industry as they offer numerous benefits that drive market growth, including exceptional wear and chemical resistance, ease of shaping, recyclability, puncture resistance, and high mechanical strength. Indonesia favors polyethylene terephthalate (PET) for its outstanding characteristics when it comes to packing applications. Plastics reign supreme across industries like food retailing and pharmaceuticals thanks to features such as lightweight design adaptability, easy maintenance, and moisture protection capabilities, making them superior alternatives compared with other materials.
Furthermore, PET plastic boasts properties that make it an excellent choice, particularly for food packaging, because of its low handling risks, minimal toxicity, and absence of bisphenol A(BPA) or heavy metals, which guarantee safety standards. Additionally, pharmaceutical companies can’t function without using plastics due to their versatility in critical areas like blood bags, syringes, nebulizers, and medicine bottles, amongst others. Notably, Indonesia’s rising population fuels pharmaceutical advancements, consequently escalating plastic consumption within the nation, thereby further driving the market forward.
In addition, plastic packaging usage is on the rise within Indonesia’s e-commerce sector. For instance,
- As per the report by Agriculture and Agri-Food Canada, e-commerce sales at the retail level in Indonesia experienced a sharp rise to USD 48.1 billion in the year 2022 and are anticipated to witness an upsurge reaching USD 90.5 billion by the end of the year 2026.
- According to the United States Department of Agriculture, the value of packaged food sales in Indonesia’s retail market grew from USD 33.5 billion in 2021 to USD 38.2 billion in 2022.
This trend, which shows the growing consumption of plastics in food packaging within the country, is expected to continue in the coming years as well.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Indonesia Plastics Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Type
- Traditional Plastics
- Polyethylene- Market Size & Forecast 2020-2030, (Thousand Tons)
- Polypropylene- Market Size & Forecast 2020-2030, (Thousand Tons)
- Polyvinyl Chloride- Market Size & Forecast 2020-2030, (Thousand Tons)
- Polystyrene- Market Size & Forecast 2020-2030, (Thousand Tons)
- Engineering Plastics
- Polyethylene Terephthalate (PET)- Market Size & Forecast 2020-2030, (Thousand Tons)
- Polybutylene Terephthalate (PBT)- Market Size & Forecast 2020-2030, (Thousand Tons)
- Polycarbonates(PC)- Market Size & Forecast 2020-2030, (Thousand Tons)
- Styrene Polymers (ABS & SAN)- Market Size & Forecast 2020-2030, (Thousand Tons)
- Fluoropolymers- Market Size & Forecast 2020-2030, (Thousand Tons)
- Polyoxymethylene (POM)- Market Size & Forecast 2020-2030, (Thousand Tons)
- Polymethyl Methacrylate (PMMA)- Market Size & Forecast 2020-2030, (Thousand Tons)
- Polyamide (PA)- Market Size & Forecast 2020-2030, (Thousand Tons)
- Others (Liquid Crystal Polymer, Polyether Ether Ketone)- Market Size & Forecast 2020-2030, (Thousand Tons)
- Bioplastics- Market Size & Forecast 2020-2030, (Thousand Tons)
- Traditional Plastics
- By Plastics Molding Technology
- Injection Molding- Market Size & Forecast 2020-2030, (Thousand Tons)
- Extrusion Molding- Market Size & Forecast 2020-2030, (Thousand Tons)
- Blow Molding – Market Size & Forecast 2020-2030, (Thousand Tons)
- Others- Market Size & Forecast 2020-2030, (Thousand Tons)
- By Application
- Packaging- Market Size & Forecast 2020-2030, (Thousand Tons)
- Electrical and Electronics- Market Size & Forecast 2020-2030, (Thousand Tons)
- Building and Construction- Market Size & Forecast 2020-2030, (Thousand Tons)
- Automotive and Transportation- Market Size & Forecast 2020-2030, (Thousand Tons)
- Furniture and Bedding- Market Size & Forecast 2020-2030, (Thousand Tons)
- Others (Houseware)- Market Size & Forecast 2020-2030, (Thousand Tons)
- By Region
- Java
- Sumatra
- Kalimantan
- Sulawesi
- Others
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Asahimas Chemical Company, BASF SE, Lotte Chemical Titan Holding Berhad, PT ALBA Tridi Plastics Recycling, PT Pertamina (Persero), Polychem Indonesia Tbk, Chandra Asri Petrochemical, LyondellBasell Industries Holdings BV, Standard Toyo Polymer (Tosoh Corporation), Pt. Trias Toyobo Astria (TTA), Others
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