Market Share of Indonesia Plastic Caps And Closures Industry
The Indonesian market for plastic caps and closures exhibits a moderate level of consolidation. Key domestic players, like PT Hasil Raya Industries and PT Indo Tirta Abadi, stand alongside international giants such as Aptar Group Inc., Pact Group Holdings Limited, and Weener Plastics Group BV. These firms bolster their market presence through new product launches, strategic partnerships, and mergers and acquisitions.
- In April 2024, Aptar Group Inc., a US-based company with operations in Indonesia, unveiled the Future Disc Top. This sustainable closure, tailored for the beauty and personal care sector, features a secure locking ring, guaranteeing leak-proof and damage-free transportation for E-commerce orders. By incorporating this design, Aptar aims to reduce product returns and eliminate the need for supplementary protective materials such as bubble wrap or shrink sleeves.
Indonesia Plastic Caps and Closures Market Leaders
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Pact Group Holdings Limited
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Aptar Group Inc.
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PT Indo Tirta Abadi
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Weener Plastics Group B.V
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PT Hasil Raya Industries
*Disclaimer: Major Players sorted in no particular order
