Market Share of Indonesia Plastic Packaging Industry
As the demand for plastic packaging has been increasing significantly in the Indonesian region, the market is mildly concentrated with the presence of major players like Amcor, Coveris Holding, Berry Global, Sealed Air Corporation, and Constantia Flexibles, among others.
- September 2022: Toyobo Co. Ltd, a Japanese fiber and textile manufacturer, stated that it would establish a second facility in Indonesia to produce polyester films for packaging at Pt. Trias Toyobo Astria. Toyobo and the well-known Indonesian film producer Pt. Trias Sentosa formed TTA as a joint venture company to meet the growing demand for environmentally friendly film goods. A JPY 10 billion (~USD 73.97 million) investment would be made to quadruple TTA's production capacity. Toyobo intends to begin building the plant in the spring of 2024 and have it operational by the end of 2025.
Indonesia Plastic Packaging Market Leaders
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Amcor Plc
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Coveris Holding
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Berry Global
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Constantia Flexibles
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Wipak Group
*Disclaimer: Major Players sorted in no particular order
