Indonesia Plastics Market Insights, Share & Growth Trends 2024 to 2030

Markntel Advisors’ report, Indonesia Plastics Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Indonesia Plastics presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Indonesia Plastics Market Research Report & Market Summary:

The Indonesia Plastics Market size is estimated to grow at a CAGR of around 6.5% during the forecast period, i.e., 2024-30. The Indonesian market exhibits a robust growth trajectory, propelled by consistent economic expansion. This upward trend fosters a heightened demand for plastics across diverse sectors, including packaging, construction, automotive, and consumer goods.The growing industries fuel the consumption of plastic products, further amplified by Indonesia's notable urbanization. With a rapidly growing urban population, the need for plastic intensifies, particularly in construction, infrastructure development, and consumer goods.

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Indonesia Plastics Market Dynamics:

Key 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.

Indonesia Plastics Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Type

Traditional Plastics
- Polyethylene- Market Size & Forecast 2019-2030, (Thousand Tons)
- Polypropylene- Market Size & Forecast 2019-2030, (Thousand Tons)
- Polyvinyl Chloride- Market Size & Forecast 2019-2030, (Thousand Tons)
- Polystyrene- Market Size & Forecast 2019-2030, (Thousand Tons)
Engineering Plastics
- Polyethylene Terephthalate (PET)- Market Size & Forecast 2019-2030, (Thousand Tons)
- Polybutylene Terephthalate (PBT)- Market Size & Forecast 2019-2030, (Thousand Tons)
- Polycarbonates(PC)- Market Size & Forecast 2019-2030, (Thousand Tons)
- Styrene Polymers (ABS & SAN)- Market Size & Forecast 2019-2030, (Thousand Tons)
- Fluoropolymers- Market Size & Forecast 2019-2030, (Thousand Tons)
- Polyoxymethylene (POM)- Market Size & Forecast 2019-2030, (Thousand Tons)
- Polymethyl Methacrylate (PMMA)- Market Size & Forecast 2019-2030, (Thousand Tons)
- Polyamide (PA)- Market Size & Forecast 2019-2030, (Thousand Tons)
- Others (Liquid Crystal Polymer, Polyether Ether Ketone)- Market Size & Forecast 2019-2030, (Thousand Tons)
Bioplastics- Market Size & Forecast 2019-2030, (Thousand Tons)

By Plastics Molding Technology

Injection Molding- Market Size & Forecast 2019-2030, (Thousand Tons)
Extrusion Molding- Market Size & Forecast 2019-2030, (Thousand Tons)
Blow Molding - Market Size & Forecast 2019-2030, (Thousand Tons)
Others- Market Size & Forecast 2019-2030, (Thousand Tons)

Injection molding technology leads the Indonesian plastics market in terms of market share and value, exemplifying its dominance across various sectors.

By Application

Packaging- Market Size & Forecast 2019-2030, (Thousand Tons)
Electrical and Electronics- Market Size & Forecast 2019-2030, (Thousand Tons)
Building and Construction- Market Size & Forecast 2019-2030, (Thousand Tons)
Automotive and Transportation- Market Size & Forecast 2019-2030, (Thousand Tons)
Furniture and Bedding- Market Size & Forecast 2019-2030, (Thousand Tons)
Others (Houseware)- Market Size & Forecast 2019-2030, (Thousand Tons)

The Indonesian Plastic Market boasts a robust demand for packaging, making it one of its largest growing segments in terms of market share.

By Region

Java
Sumatra
Kalimantan
Sulawesi
Others.

As indicated in the latest market research report published by Markntel Advisors, “Indonesia Plastics Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Indonesia Plastics industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/indonesia-plastics-market.html

Top Companies Operating in the Indonesia Plastics Market:

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)
Trias Toyobo Astria (TTA)
Others (Solvay Chemicals Indonesia, Toray International Indonesia, etc.).

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Key Report Highlights:

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
What are the trends influencing the current scenario of the market?
What leading factors would propel and impede the industry across the geography?
How has the industry been evolving in terms of geography & Indonesia Plastics Market adoption?
How has the competition been shaping up across the geography?

Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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