Indonesian Packaging Market Overview, Growth in use of Pack Material by Sector, Analysis, Trends, Future Outlook & Industry across 20 Countries
19 June 2017
“Trends and Opportunities in the Indonesian Packaging Industry: Analysis of changing packaging trends in the Food, Cosmetics and Toiletries, Beverages and Other Industries” magnify the decision making potentiality and helps to create an effective counter strategies to gain competitive advantage.
The Indonesian Packaging market was valued at 101,232.4 million units in 2016 and is estimated to grow at a CAGR of 5.2% to reach 130,325.8 million units in 2021. Flexible Packaging is the largest packaging type accounting for 42,538.6 million units 2016, while Rigid Plastics is estimated to witness the highest CAGR of 7.7% during 2016-2021. Strong favorable demographic factors such as increasing disposable income levels and spending capabilities, rising consumer awareness and a hectic lifestyle of busy professionals are driving the growth of the packaging industry in Indonesia.