FLEXIBLE PACKAGING MARKET IN INDONESIA SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)


Indonesia Flexible Packaging Market Analysis:

The estimated size of the Indonesia Flexible Packaging Market is USD 4.17 billion in 2023, with an expected growth to USD 5.26 billion by 2028, at a CAGR of 4.75% during the forecast period (2023–2028).

Flexible packaging offers a cost-effective and customizable option for packaging products, making it a popular choice in industries such as food and beverage, personal care, and pharmaceuticals. The flexible packaging industry in Indonesia plays a crucial role in the country’s sustainability efforts, with a shift towards multilayer, high-barrier, and recyclable packaging materials.

The industry’s growth is primarily driven by the country’s increasing population and high demand for low-cost, flexible packaging. The local food, beverage, and pharmaceutical industries have significantly influenced the demand for flexible packaging in the country. Despite the challenges posed by the pandemic, the food and beverage industry is expected to recover rapidly over the forecast period, maintaining the demand for flexible packaging formats.

The rise in economic growth and demand for single-serve, on-the-go convenience foods in Indonesia has led to an increase in flexible packaging production. As a result, market vendors are investing in capacity expansion. For instance, Putra Naga Indotama, a fast-growing Indonesian flexible packaging manufacturer, is investing in new, state-of-the-art machinery to increase business with existing and new customers.

Plastic packaging solutions are widely used in various industries, including manufacturing, retail, and healthcare. Due to its high barrier qualities, lengthy shelf life, and durability, plastic packaging has seen substantial growth in the healthcare sector.

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