Please Wait.....
Report
Indonesia Rigid Plastic Packaging Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Market Report I 2023-01-23 I 132 Pages I Mordor Intelligence
The Indonesian rigid plastic packaging market will register a CAGR of 4.74% over the forecast period. The Indonesian packaging business now operates differently as a result of plastic packaging. Although Indonesia's downstream rigid plastic sector is highly developed, its reliance on imported raw materials has limited its growth potential.
Key Highlights
Plastic packaging is more popular with consumers than other products because plastic materials are lightweight and easy to handle. Even large manufacturers prefer plastic packaging solutions due to their low production costs. In addition, the emergence of polymers such as polyethylene terephthalate (PET) and high-density polyethylene (HDPE) expanded the applications of PET bottles. The market, demand for PET bottles is increasing in various markets.
In Indonesia, the demand for rigid plastic packaging is still on the rise as major environmental issues are brought up. Solutions for rigid plastic packaging are used in a variety of sectors, including industrial, retail, and healthcare. Due to its excellent barrier qualities, lengthy shelf life, and durability, plastic packaging has seen substantial growth in the healthcare sector.
Various manufacturers prefer rigid plastic packaging in the country as it is a cost-effective solution to protect food and beverages during delivery from farm to table and preserve food over longer durations. These packages also support innovations through different forms and shapes and are lighter in weight.
However, changing regulatory standards, fluctuating raw material costs, increasing waste volumes, and rising environmental waste regulations have expected to hinder the market growth during the forecast period. This will enable companies operating in this market segment to develop new products that are potentially disruptive and reduce the current risks in the market.
The outbreak of COVID-19 led to lockdowns and closures of businesses and supplies of raw materials across the country. But the demand for medicines and other essential items were at an all-time high. The shortage of packaging materials available to pack them and their subsequent shipment caused significant disruption to the supply chain for COVID-19 patients. These included several anesthetics, antibiotics, muscle relaxants, and off-label drugs. This led to the supply of plastic bottles to pharmaceutical companies.
Indonesia Rigid Plastic Packaging Market Trends
Polyethylene Terephthalate (PET) Expected to Witness Significant Growth
There is an increasing demand for Polyethylene Terephthalate from the packaging industry in Indonesia. Superior barrier properties, high tensile strength, better surface finish, and low cost allows Polyethylene Terephthalate to be an ideal product for numerous plastic packaging applications.
The introduction of PET allows for weight reductions of up to 90% compared to glass, enabling a more economical transportation process. PET plastic bottles are now replacing heavy and fragile glass bottles to provide reusable packaging for mineral water and other beverages.
In the rigid packaging industry, PET is used to manufacture microwavable food trays and plastic bottles for soft drinks, water, juices, sports drinks, beer, mouthwash, ketchup, salad dressings, and food jars. There is a growing demand for PET bottles from various end-user industries, such as home care, beverages, and personal care. The growth is driven by consumer preference and its properties, such as lightweight and high recycling rate.
In order to comply with requirements and establish a closed-loop recycling cycle, regional market vendors are also concentrating on making PET single-use packaging more recyclable. Growth opportunities for PET single-use packaging are anticipated, due to the growing emphasis on recycling these materials.
For instance, in November 2021, Amcor Rigid Packaging (ARP) developed and launched a solution to the problem of small polyethylene terephthalate (PET) bottles slipping through the cracks at recycling centers. The company modified and innovated the bottle design that, in turn, maximizes the collapsed container's width. The first application for the technology was a 50-ml PET bottle, which airlines use to serve liquor.
Food Sector Expected to Witness Significant Share
Rigid plastic packaging, including plastic bottles and containers, continues to be popular in industries for food packaging applications. Containers are used to pack sauces, and other consumer goods, which use HDPE and LDPE material for packaging.
Indonesia's food business employs a range of rigid plastic packaging options. Indonesians are becoming more interested in eating organic food, which has led to stores stocking and exporting an increasing amount of organic produce. One of the primary end uses of packaging in Indonesia is food. However, Indonesia has long imported many processed and essential food components.
Some materials used for making bottles and container products include Polyethylene terephthalate (PET) and polypropylene (PP), among others. PP is blow-molded to produce crates, bottles, and pots. PP thin-walled containers are standard across the country and used for food packaging.
Moreover, the Indonesian government has also introduced a new food contact packaging legislation to update the domestic packaging standards and bring them in line with international standards such as those used by the US FDA (Food and Drug Association) and EU food legislation. The revised regulation covers domestic and imported food packaging across the five packaging categories, including rigid plastics.
As a result of the regulation, major worldwide food product corporations will adhere to just one standard. However, given the nation's high poverty rates and the poor financial bases of several domestic packaging makers, it seems unlikely that the new regulation will be fully implemented and widely adopted.
Indonesia Rigid Plastic Packaging Market Competitor Analysis
The rigid plastic packaging market in Indonesia is fragmented. Further, to lower costs and enhance packaging performance, businesses are concentrating on offering lightweight and high-performance corrugated grades. Due to the presence of several major players, the market has intense competition.
In May 2022, Amcor Plc developed a bottle using the most recent PowerPostTM technology that is up to 30% lighter and 100% recyclable may be produced. The technology was created for hot-fill beverages to prevent overflow spills. PowerStrap, a vacuum-absorbing technology, is used to construct the device.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Consumers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 Assessment of Impact of COVID-19 on the Market
5 MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Strong Demand From the Food and Beverage Packaging Industry
5.2 Market Restraints
5.2.1 Stringent Laws & Regulations Pertaining to Plastic Industries
5.2.2 Competition From Flexible Plastic Packaging
6 MARKET SEGMENTATION
6.1 By Material Type
6.1.1 Polypropylene (PP)
6.1.2 Polyethylene Terephthalate (PET)
6.1.3 Polyethylene (PE)
6.1.4 Polystyrene (PS) and Expanded Polystyrene (EPS)
6.1.5 Other Material Types
6.2 By Product Type
6.2.1 Bottles & Jars
6.2.2 Trays & Containers
6.2.3 Caps & Closures
6.2.4 Other Product Types
6.3 By End-user Industry
6.3.1 Food
6.3.1.1 Fresh Foods
6.3.1.2 Baked Food
6.3.1.3 Frozen Food
6.3.1.4 Other Food Types
6.3.2 Beverage
6.3.2.1 Carbonated Soft Drinks (CSDs)
6.3.2.2 Bottled Water
6.3.2.3 Dairy Products
6.3.2.4 Other Beverage Types
6.3.3 Personal Care & Household Care
6.3.4 Pharmaceuticals & Healthcare
6.3.5 Other End-user Industries
7 COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Dynaplast
7.1.2 PT. Berlina Tbk
7.1.3 PT Indo Tirta Abadi
7.1.4 PT.Solusi Prima Packaging
7.1.5 Indo Cap Closures
7.1.6 PT. Hasil Raya Industries
7.1.7 Amcor PLC
8 INVESTMENT ANALYSIS
9 FUTURE OF THE MARKET
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security