Plastics, Packaging and Printing in Indonesia
Indonesia has a huge demand for plastics. The country imports more than 40% of its plastics requirements. Its plastics industry is also expected to benefit from an annual turnover rate of 11% on average through to 2018, where plastics sales is predicted to increase to 7 million tonnes.
Processing & Packaging Sector
With Indonesia’s growing middle class and expanding ageing population, demand for healthcare services and pharmaceuticals are on the rise, increasing the nation’s need for pharmaceutical packaging. Growth of automotive and construction industries in Indonesia is also expected to drive the regional growth for packaging over the next 6 years.
The 2018 value forecast for Asia Pacific’s print industry is close to US$427.5 billion. In line with this, the turnover of Indonesia’s print industry is projected to see an increase of 6% CAGR over the next 3 years. As the 4th highest populated country in the world with more than 253 million people, Indonesia will be the ideal place to enter the lucrative market in Southeast Asia.