Market Share of Indonesia Industrial Packaging Industry
Indonesia's industrial packaging market is fragmented as major factors governing this force are sustainable competitive advantage through innovation, levels of market penetration, barriers to exit, the power of competitive strategy, and the firm concentration ratio. Some of the players include PTT Global Chemical Public Company Limited, PT Kadujaya Perkasa, PT Rheem Indonesia, PT Novo Complast Indonesia, and PT Prajamita Internusa.
• May 2024 - PT. SCHÜTZ Container Systems Indonesia inaugurated a new extrusion blow molding line at its Karawang facility. The company produces its PE bung barrel, the F1 220 liters, utilizing a sophisticated multi-layer process. This addition seamlessly integrates with Schütz's established IBC product lineup.
• April 2024 - International technology group ANDRITZ secured an order from PT. Pabrik Kertas Indonesia (PT. Pakerin) to revamp two existing OCC (old corrugated containers) lines at its Surabaya mill in Indonesia. This modernization aims to significantly enhance pulp quality, enabling the production of more competitive products. Therefore, industrial packaging recycling and technological innovations that include trace and tracking are poised to steer industrial packaging toward a more sustainable future.
Indonesia Industrial Packaging Market Leaders
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PTT Global Chemical Public Company Limited
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PT Kadujaya Perkasa
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PT Rheem Indonesia
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PT Novo Complast Indonesia
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PT Prajamita Internusa
*Disclaimer: Major Players sorted in no particular order