Press release
Indonesia Flexible Packaging Market 2022 Size, Status and Growth Outlook - Prima Jaya Eratama, PT Inkote Indonesia, PT Argha Karya Prima Industry, Dinakara Putra PT
The Indonesia Flexible Packaging Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The Indonesian flexible packaging market is expected to register a CAGR of 4.6% during the forecast period (2021 - 2026).
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Top Leading Companies of Indonesia Flexible Packaging Market are Prima Jaya Eratama, PT Inkote Indonesia, PT Argha Karya Prima Industry, Dinakara Putra PT, Dai Nippon Printing Indonesia PT, Ciptakemas Abadi PT, Amcor Flexibles, Innopack and others.
Industry News and Updates
In February 2020 - Prima Jaya Eratama acquired a new flexographic press, a Comexi F4, and the newly launched laminator, the Comexi ML1 MC, installed at their facilities, located in Tangerang. The relation between both companies dates back to April 2012, when the Indonesian converter purchased its first Comexi machine, a slitter.
- In September 2019 - Amcor, in partnership with Materials Recovery for the Future (MRFF) research program, launched single-stream curbside recycling of flexible plastic packaging (FPP) in Pennsylvania, the United States. As films, wraps, bags, and pouches become a larger part of the packaging waste stream, the need for scalable recycling collection strategies is critical to its sustainability. This initiative aligns with the aim of the company to deliver the recyclable packing materials by 2025.
Key Market Trends
Food and Beverage Industry to Witness Highest Growth
- The food and beverage industry is driving the market for flexible packaging in Indonesia. The packaged food and beverage sale in Indonesia is anticipated to grow to USD 56 billion in 2020, from USD 33 billion in 2015. This is further expected to boost the market in the foreseen period.
- Even foods with high liquid content, such as juices, soups, are being transitioned from rigid packaging containers to flexible pouches, and the fastest advances toward flexible packaging, through 2021, are anticipated from the beverages in Indonesia.?
- The non-alcoholic beverages industry is expected to emerge as a major growth driver for the flexible packaging industry. This growth may be attributed to the hectic lifestyles of consumers that are driving the growth of small-sized, easy to store/open/close packs, and on-the-go packaging in the country.
Regional Outlook of Indonesia Flexible Packaging Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Indonesia Flexible Packaging Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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