Market Size of Indonesia Plastic Packaging Films Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR (2024 - 2029) | 3.19 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Indonesia Plastic Packaging Films Market Analysis
The Indonesia Plastic Packaging Films Market size is estimated at 3.47 Million tonnes in 2024, and is expected to reach 4.06 Million tonnes by 2029, growing at a CAGR of 3.19% during the forecast period (2024-2029).
- The increasing advancements and end-user industry packaging applications are the significant factors pushing the market. In Indonesia, the use of packaging per person is rising due to consumer behavior trends, such as the use of convenience products.
- Implementing new ways for plastic packaging films to function significantly impacts Indonesia's packaging industry. Durable and versatile plastic packaging films are increasingly favored across industries, from food and pharmaceuticals to consumer goods. Their adaptability fuels the demand for diversification.
- Moreover, with multiple convenience stores, the food industry is one of the largest sectors among modern retail channels. They are projected to continue to expand in terms of the number of outlets, as they are closer to residential areas. With the rising demand for food packages, the market would escalate significantly regarding packaging options like plastic packaging films.
- Environmental laws are also anticipated to hinder the expansion of plastic packaging films. The government of Indonesia has enforced regulations to manage plastic waste and promote plastic recycling. Presidential Regulation Number 83 of 2018 on marine waste management governs the issue of marine plastic waste and aims to lower its impact on the environment.
- Further, the government is working towards its target of 70% waste management and 30% waste reduction by 2025. Also, the government is devoted to addressing waste from the upstream and downstream life cycle of products, targeting “zero waste” by 2030. Such government initiatives and plastic pollution might impact the market studied over the forecast period.
Indonesia Plastic Packaging Films Industry Segmentation
Plastic film packaging refers to various thin plastic materials that wrap or protect products. These films are commonly used in the food, pharmaceutical, and other industries. The report tracks the demand for converted packaging films across major resin and application types. This encompasses a range of materials and uses, reflecting the market's varied requirements and the evolving preferences of consumers and businesses.
The Indonesia Plastic Packaging Films Market is Segmented by Type (Polypropylene (Biaxially Oriented Polypropylene (BOPP) and Cast Polypropylene (CPP)), Polyethylene (Low-density Polyethylene (LDPE), and Linear Low-density Polyethylene (LLDPE)), Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET)), Polystyrene, Bio-based, and PVC, EVOH, PETG, and Other Film Types), by End-user Industry (Food [Candy & Confectionery, Frozen Foods, Fresh Produce, Dairy Products, Dry Foods, Meat, Poultry, and Seafood, Pet Food, and Other Food Products (Seasonings & Spices, Spreadable, Sauces, Condiments, etc.)], Healthcare, Personal Care & Home Care, Industrial Packaging, Other End-user Industry Applications). The report offers market forecasts and size in volume (tons) for all the above segments.
By Type | |
Polypropylene (Biaxially Oriented Polypropylene (BOPP), Cast Polypropylene (CPP)) | |
Polyethylene (Low-density Polyethylene (LDPE), Linear Low-density Polyethylene (LLDPE)) | |
Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET)) | |
Polystyrene | |
Bio-based | |
PVC, EVOH, PETG, and Other Film Types |
By End-user Industry | ||||||||||
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Healthcare | ||||||||||
Personal Care & Home Care | ||||||||||
Industrial Packaging | ||||||||||
Other End-user Industry Applications (Agricultural, Chemical, etc.) |
Indonesia Plastic Packaging Films Market Size Summary
The Indonesia plastic packaging films market is experiencing a steady growth trajectory, driven by advancements in packaging technology and increasing demand from various end-user industries. The rising consumer preference for convenience products is contributing to the increased per capita use of packaging films, particularly in sectors such as food, pharmaceuticals, and consumer goods. The expansion of modern retail channels, especially convenience stores, is further propelling the demand for plastic packaging films. However, the market faces challenges from environmental regulations aimed at managing plastic waste and promoting recycling, as the Indonesian government strives to achieve significant waste reduction and management targets by 2025 and beyond.
Innovations in packaging materials, such as recyclable and biodegradable polyethylene films, are aligning with the growing demand for sustainable packaging solutions. The shift towards reusable and robust packaging is expected to gain momentum, especially with government plans to phase out single-use plastics by 2029. The burgeoning e-commerce sector in Indonesia is also driving the demand for durable and protective packaging materials, with polyethylene films being a preferred choice due to their lightweight and flexible nature. The market is characterized by a few major players, and recent collaborations and innovations in recycling processes are enhancing the sustainability and functionality of plastic packaging films, supporting the industry's transition towards a more sustainable ecosystem.
Indonesia Plastic Packaging Films Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Buyers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitutes
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1.2.5 Intensity of Competitive Rivalry
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1.3 Industry Value Chain Analysis
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Polypropylene (Biaxially Oriented Polypropylene (BOPP), Cast Polypropylene (CPP))
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2.1.2 Polyethylene (Low-density Polyethylene (LDPE), Linear Low-density Polyethylene (LLDPE))
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2.1.3 Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET))
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2.1.4 Polystyrene
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2.1.5 Bio-based
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2.1.6 PVC, EVOH, PETG, and Other Film Types
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2.2 By End-user Industry
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2.2.1 Food
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2.2.1.1 Candy & Confectionery
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2.2.1.2 Frozen Foods
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2.2.1.3 Fresh Produce
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2.2.1.4 Dairy Products
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2.2.1.5 Dry Foods
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2.2.1.6 Meat, Poultry, and Seafood
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2.2.1.7 Pet Food
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2.2.1.8 Other Food Products (Seasonings & Spices, Spreadables, Sauces, Condiments, etc.)
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2.2.2 Healthcare
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2.2.3 Personal Care & Home Care
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2.2.4 Industrial Packaging
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2.2.5 Other End-user Industry Applications (Agricultural, Chemical, etc.)
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Indonesia Plastic Packaging Films Market Size FAQs
How big is the Indonesia Plastic Packaging Films Market?
The Indonesia Plastic Packaging Films Market size is expected to reach 3.47 million tonnes in 2024 and grow at a CAGR of 3.19% to reach 4.06 million tonnes by 2029.
What is the current Indonesia Plastic Packaging Films Market size?
In 2024, the Indonesia Plastic Packaging Films Market size is expected to reach 3.47 million tonnes.