Indonesia Flexible Packaging Market 2024-2030

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    INDONESIA FLEXIBLE PACKAGING MARKET

     

    INTRODUCTION

     

    Customers are increasingly choosing flexible food packaging, stand-up pouches, and lay-flat pouches because they are always looking for practical packaging that fits into their hectic lifestyles. Flexible packaging is taking over the shelves of merchants all around the world thanks to its benefits.

     

    The modern marketing tool is flexible packaging. The protection and marketing of products have undergone a revolutionary change thanks to flexible packaging. Demand is increasing in Indonesia.

     

    Indonesia is heavily dependent on the importation of raw materials and has an established market for both flexible and rigid packaging. The ASEAN (Association of Southeast Asian Nations) market for flexible packaging is dominated by Indonesia, which is predicted to lead the area in the ensuing years. Flexible packaging products have the benefit of being inexpensively produced in a variety of shapes and sizes.

     

    SIZE AND FORECAST

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    The Indonesia Flexible Packaging market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    MARKET DYNAMICS

     

    Epac has a solution for anyone who needs powder, liquid, snack, or frozen food packaging. The following alternatives are available in their Asia Pacific flexible packaging catalogue:

     

    Lay-flat bags: They provide lay-flat and pillow pouches with a quad- and three-side seal. Stand-up pouches: Make a statement on the shelves with one of the several stand-up pouch formats. Roll stock: As an alternative, request laminated packaging on rolls.

     

    They provide short and medium-length runs, making it simple for customers to combine and match your product line however they see fit. Their cutting-edge printing method uses premium inks to produce outstanding prints of any design. Customers may relax knowing that their packaging will be distinctive. The printing method produces vivid colours, captivating images, and inventive labelling with great accuracy and precision..

     

    With a progressive transition away from single-layer plastic films and towards multilayer, high-barrier, recyclable packaging material, Indonesia’s flexible packaging industry is crucial to the nation’s efforts to become more sustainable.

     

    The nation’s expanding population and growing need for affordable, flexible packaging are the main drivers of the business.Flexible packaging offers more affordable and scalable choices for product packaging.

     

    Products with flexible packaging are advantageous in sectors that need adaptable packaging, like the food and beverage, personal care, and pharmaceutical sectors.

     

    It has become more well-liked as a result of its great effectiveness and affordability. The domestic food, beverage, and pharmaceutical industries have had a considerable impact on the demand for flexible packaging in the nation.

     

    The food and beverage sector in Indonesia is a major driver of the country’s expansion. The industry has seen a sharp rise in revenue, which was hampered by the pandemic but is anticipated to rebound swiftly over the projected period, maintaining the need for flexible packaging formats from the food and beverage industry.

     

    Production of flexible packaging has increased in Indonesia due to the country’s economic growth and rising demand for single-serve, on-the-go convenience foods. 

     

    As a result, market suppliers are spending money to increase their capacity. Putra Naga Indotama, an Indonesian company that produces flexible packaging at a rapid rate, is investing in new, cutting-edge equipment as part of a growth strategy to boost sales to both current and potential clients.

     

    Plastic packaging is used in many sectors, including industry, retail, and healthcare. Plastic packaging has expanded significantly in the healthcare industry because of its excellent barrier properties, long shelf life, and durability.

     

    However, as single-use plastic and unsustainable corporate practices come to light more frequently, customers are now empowered to demand products that meet better standards and have a beneficial ecological impact. 

     

    The market’s expansion is anticipated to be hampered by this. In the Asia-Pacific, Indonesia is a potential e-commerce market with plenty of local and international competitors.

     

    The expansion of e-commerce is being fueled by the internet’s widespread use, rising digitization, rising tourism, and the proliferation of websites. E-commerce sales in Indonesia were further pushed by the COVID-19 outbreak.

     

    Additionally, the growing demand for medical and healthcare products would likely lead to growth for flexible packaging in the market under study. When the global economy starts to recover from the pandemic, which is presently happening, industrial activity is projected to increase over the forecast period.

     

    The survey tracks Indonesia’s appetite for goods using flexible packaging. To comprehend significant trends, advancements, the function of alternatives, etc., the full supply chain—from resin manufacturing to product use and recycling—has been researched. Packaging Films (PE, BOPET, CPP & BOPP, and PVC), Bags, and Pouches are a few of the crucial items taken into account in the scope

     

    NEW PRODUCT LAUNCH

     

    Coca-Cola Indonesia and Coca-Cola Europacific Partners (CCEP) have announced the introduction of bottles made entirely of recycled PET plastic (rPET), with the exception of the cap and label, across the country.

     

    For the first time in the nation, Coca-Cola Trademark products Fanta, Sprite in 390ml, and Sprite Waterlemon in 425ml are now offered in rPET packaging. This important accomplishment demonstrates CCEP’s dedication to its aim of using 50% recycled plastic in its packaging and is a step towards the development of a closed loop circular economy in Indonesia. This goal is consistent with the Coca-Cola Company’s A World Without Waste sustainability vision.

     

    The introduction of 100% rPET bottles represents a significant step towards this objective, reducing Indonesia’s dependency on new plastics and cutting carbon emissions throughout the production process. 

     

    Coca-Cola Euro Pacific Partners Indonesia (CCEP) and Dynapack Asia built a cutting-edge recycling factory in West Java where they manufacture recycled PET bottles, enhancing recycling capacity in the area. Mahija Parahita Nusantara, a jointly founded foundation, is also housed in the facility. This foundation is a significant tool for promoting circular outcomes for PET bottles, maintaining feedstock pricing, and assuring just and ethical trash collecting practises for waste collectors.

     

    According to the company, Guangdong Jinming Machinery Co., Ltd., a producer of plastic packaging equipment, and Bolsas de los Altos, a major producer of plastic film and packaging, have joined forces with SABIC, a world leader in the chemical industry, to support the expansion of novel applications based on polyolefins in the flexible packaging market.

     

    SABIC’s aim of providing market-driven innovation to customers still depends on engagement with value chain participants. This agreement will guarantee the establishment of a strong applications pipeline based on current and anticipated industry trends by exchanging mutual experience on polymer technology and processing. 

     

    The flexible packaging sector is still changing as a result of sustainability initiatives. Due to the need to meet modern circularity requirements, existing film structures must be modified.These difficulties can be overcome by a collaboration including the extensive material expertise of SABIC, the world-class equipment production of Jinming, and the converting ability of Bolsas.

     

    The partnership will give SABIC the opportunity to test and confirm the performance of its polyolefin resin goods, including polyethylene resins from Gulf Coast Growth Ventures (GCGV) and TRUCIRCLE, SABIC’s circularity initiative for plastics. At the Bolsas factory in Mexico, Jinming’s multilayer co extrusion equipment will be installed as part of the collaborative efforts.

     

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Flexible Packaging are manufactured per annum in Indonesia? Who are the sub-component suppliers in this region?
    2. Cost breakup of a Indonesia Flexible Packaging and key vendor selection criteria
    3. Where is the Flexible Packaging manufactured? What is the average margin per unit?
    4. Market share of Indonesia Flexible Packaging market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Indonesia Flexible Packaging in-house
    6. key predictions for next 5 years in Indonesia Flexible Packaging market
    7. Average B-2-B Flexible Packaging market price in all segments
    8. Latest trends in Flexible Packaging market, by every market segment
    9. The market size (both volume and value) of the Flexible Packaging market in 2023-2030 and every year in between?
    10. Production breakup of Flexible Packaging market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
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