A new market study, titled “Discover Global Indonesia Flexible Packaging Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.
Indonesia has a developed industry for both flexible and rigid packaging market and is highly reliant on the importation of raw materials. Flexible Packaging market in Indonesia has a dominating share within the Association of Southeast Asian Nations (ASEAN) market and is expected to lead the region in the coming years.
Indonesia has used around 90.01 billion units of total packaging products in 2014 and registered CAGR of XX% from 2010-2016 and is estimated to reach 118.23 billion units by 2018. In 2016, the Indonesian flexible packaging market has accounted for a market share of 42% of the overall packaging market with million units.
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Flexible packaging products have the advantage to produce in various shapes and sizes at low cost.
The convenience of flexible packaging is one of the primary factor driving the growth of the market
• Growing demand for flexible packaging
Flexible packaging market is impacted by the low rate of recyclability at the global level with most of the plastic waste is mainly comprised of low-value flexible packaging making it difficult for the recycling of the plastic packaging, thus restraining the growth of the market.
SEGMENTATION BY PACKAGING FORM
Flexible packaging market is segmented by different packaging forms namely, pouches, bags, roll stocks, blister and strip packs. Bag type flexible packaging accounted for the most significant market share of 42% in the overall flexible packaging market, followed by pouch type with % market share.
Blister and strip pack flexible packaging accounted for the smallest share of 1% in overall flexible packaging market in Indonesia. In Pouches, stand-up pouch flexible packaging account for a most significant market share in the country. Increasing advancements in pouch design such as stand-up pouch with spout, seal and barrier properties, printing and sustainability will lead to the increasing growth in the flexible packaging market.
SEGMENTATION BY RAW MATERIAL
Flexible packaging has various quality grades regarding material quality. With raw material, the market is segmented into plastic, paper, aluminum, and multilayer.
Flexible plastic packaging segment is accounted for a most significant share in the overall flexible packaging market in Indonesia. Rising raw material prices such as plastic and aluminum, industry players are turning toward lower-quality flexible packaging, which is thinner and less durable.
Manufacturers are increasingly shifting from flexible aluminum/plastic to merely flexible plastic, due to high prices of aluminum/plastic.
Metalized flexible plastic is the cost-efficient alternative to adjustable aluminum/plastic, while still offering optimum protection for hot drinks and packaged food, in the form of sachets.
The Indonesia market is a highly competitive market with Amcor, Dia Nippon Printing Indonesia PT, and Ciptakemas Abadi leading the market share.
There are also large numbers of small companies in the market with less market share competing among them.
International players are undergoing mergers and acquisitions to enter in Indonesia and expand their product offerings.
New Product launches and acquisitions are some of the major key strategies of major companies in the industry
Segmentation by Packaging Form
Stand up Pouches
Blister and Strip Packs
Segmentation by Raw Material
Segmentation by Application
Personal and Beauty care
The report also covers the key factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.
REASONS FOR PURCHASING THIS REPORT?
• Visualize the composition of the Indonesia Flexible Packaging market with a clear distinction between each design type and usage type.
• Identify commercial opportunities in the Indonesia Flexible Packaging Market analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of the Indonesia Flexible Packaging market.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the principal products of all major market players.
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WHO CAN BENEFIT FROM THIS REPORT?
• Equipment Suppliers/ Buyers
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• Education & Research Institutes
• Research Professionals
• Emerging Companies
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