Indonesia Plastic Bottles Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 321.12 Million |
| Market Size (2029) | USD 392.54 Million |
| CAGR (2024 - 2029) | 4.10 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Indonesia Plastic Bottles Market Analysis
The Indonesia Plastic Bottles Market size is estimated at USD 321.12 million in 2024, and is expected to reach USD 392.54 million by 2029, at a CAGR of 4.10% during the forecast period (2024-2029). In terms of production volume, the market is expected to grow from 0.35 million tonnes in 2024 to 0.42 million tonnes by 2029, at a CAGR of 3.99% during the forecast period (2024-2029).
- Advancements in technology and evolving consumer preferences are driving the demand for plastic bottles in Indonesia. As consumers increasingly favor convenience, per capita packaging usage in the country is on the rise.
- Innovations in plastic bottle manufacturing are reshaping the packaging landscape. The introduction of durable, lightweight, and user-friendly packaging solutions has cemented plastics' dominance in the country's packaging sector.
- In Indonesia, the demand for plastic bottles is significantly influenced by the local food, beverage, and pharmaceutical industries. The food and beverage sector, a cornerstone of Indonesia's economic growth, is bolstered by the nation's vast population and a burgeoning middle class, as noted in the January 2023 Business Indonesia Report.
- Modern retail channels, especially convenience stores, are witnessing the food and beverage industries emerge as dominant players. Given the rising appetite for food and drinks, these industries are set to expand further, establishing more outlets in proximity to residential areas.
- Statistics Indonesia reports that approximately 35.35% of monthly household expenditures in Indonesia are allocated to prepared food and beverages. This trend is expected to persist, driving an increased demand for plastic bottles across the nation.
- In 2023, Indonesia's government unveiled an online event licensing system, aiming to attract foreign stakeholders and international events. This initiative is anticipated to bolster the economy, particularly benefiting the food and beverage sector. With its dynamic market, Indonesia offers fertile ground for business innovation.
- Plastic bottles, crafted from diverse plastic polymers, are facing scrutiny. Heightened awareness about the environmental ramifications of single-use plastics has spurred consumer demand for eco-friendlier products. In response, strategies to mitigate plastic pollution are being rolled out, focusing on waste collection, recycling, and promoting sustainable consumption.
Indonesia Plastic Bottles Market Trends
Resins Such as Polyethylene Terephthalate (PET) and Others to Witness Growth
- Indonesia's packaging industry is swiftly embracing a circular economy, a move highlighted by major investments from top companies focused on reducing, recycling, and reusing plastics. Traditional glass bottles are increasingly being replaced by plastic bottles made from PET. The properties of PET can be customized to meet specific brand needs through the addition of colorants, UV blockers, oxygen barriers/scavengers, and other additives.
- In Indonesia, companies are collaborating with associations to champion a circular economy. In June 2023, Coca-Cola Indonesia, in collaboration with Coca-Cola EuropacificPartners Indonesia (CCEP Indonesia), unveiled bottles crafted from 100% recycled PET for their soft drink brands. CCEP Indonesia has set a target to ensure that by 2025, at least 50% of their plastic bottles will be made from rPET.
- In July 2024, ALBA Tridi Plastics Recycling Indonesia, in partnership with the ADB and the Ministry of Finance, announced a substantial investment of USD 60 million in its rPET facility. Covering an area of 2.6 ha, this facility underscores a commitment to curbing plastic pollution, advancing a circular economy, and aiding Indonesia's ambition of achieving net-zero carbon emissions by 2060. Such initiatives are poised to bolster the country's market for PET resin.
- Data from Statistics Indonesia reveals that the GDP from rubber and plastic product manufacturers was IDR 82.86 trillion (USD 0.527 million) in 2020, climbing to IDR 83.86 trillion (USD 0.534 million) subsequently. As the production of plastics in Indonesia surges, it paves the way for greater opportunities for PET plastics in the nation. Polyethylene terephthalate (PET) bottles are gaining traction across various product categories. Their cost-effectiveness, lightweight nature, and advancements in printing technology have made them particularly appealing to premium consumers.
- The market in focus is experiencing vigorous growth, propelled by a rising population, increasing disposable incomes, and a flourishing middle class. Additionally, the plastic bottle market is poised for significant expansion, driven by a heightened demand for recycled plastics, especially in the food and beverage sectors.
Plastic Bottles Set to Dominate the Beverage Sector
- Beverages ranging from fruit juices and non-alcoholic drinks to meal replacement shakes are increasingly turning to plastic bottles. The shift toward lightweight packaging materials, combined with a focus on cutting production, shipment, and handling costs, propels the plastic bottle packaging trend in the beverage sector. Packed Beverages in plastic bottles extend their shelf life. Given their reliance on extended shelf life, businesses are swiftly adopting plastic bottle packaging.
- According to PT IslandSun Indonesia, the Indonesian beverage industry is witnessing a surge in growth. Factors such as evolving consumption habits, a hot climate prompting more frequent beverage purchases, and innovative product offerings have fueled this demand and diversification. In 2023, despite encountering challenges, the Indonesian beverage sector showcased notable expansion.
- Data from the Indonesian Soft Drink Industry Association (ASRIM) indicated a 3.1% growth in the beverage sector from 2022 to 2023, with packaged drinking water (AMDK) being the primary driver. Several beverages have notably seen a boost in sales. Innovations are driving a surge in soda beverage sales. These innovations encompass a range of enhancements, including carbonated drinks infused with natural fruit extracts and options with reduced sugar content.
- In Indonesia, the beverage industry is witnessing dynamic shifts, with manufacturers continually innovating to cater to evolving consumer preferences. According to Statistics Indonesia, the coffee production in 2019 was 752.5 thousand metric tons and was expected to reach 7,602 thousand metric tons in 2023. The rise in coffee production may further push the demand for plastic bottles owing to the need for ready-to-drink dairy-based beverages in the country.
- According to the World Travel & Tourism Council (WTTC) 2024 Economic Impact Research (EIR), Indonesia's Travel & Tourism sector is on track for a record-breaking year in 2024. Projections indicate that jobs in the industry will surpass 2019 levels, reaching over 12.5 million. WTTC's annual data highlights a sector brimming with opportunities. Key metrics, including economic contributions and domestic visitor spending, are set to achieve new highs. Looking ahead to 2034, the industry is projected to account for 5.3% of the economy. A rise in tourism would push the beverage industry in the country to leverage the plastic bottle market.
Indonesia Plastic Bottles Industry Overview
The Indonesian plastic bottles market is fragmented, with the presence of global and domestic players such as Amcor Group, Jebsen and Hessen Group, PT Jayatama Selaras. KADUJAYA PERKASA, and PT Biggy Cemerlang. Companies expand their business through collaborations, mergers, and product innovations.
Indonesia Plastic Bottles Market Leaders
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PT Jayatama Selaras
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PT Biggy Cemerlang
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Jebsen & Jessen Pte Ltd
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Amcor Group
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PT. KADUJAYA PERKASA
*Disclaimer: Major Players sorted in no particular order
Indonesia Plastic Bottles Market News
- February 2024: Bluewater, a leader in cutting-edge water purification technologies, unveiled a groundbreaking smart bottling solution in Indonesia. This initiative highlighted Bluewater's dedication to curbing single-use plastic water bottles, especially in hotels and restaurants. The inaugural system is home at the Pullman Hotel Central Park in Jakarta. This compact station sanitizes used bottles, fills labels, and seals them with water purified by Bluewater's advanced PRO water purifiers.
- November 2023: Pan Era Group, alongside diversified global manufacturer Milliken & Company, announced signing a memorandum of understanding (MoU) to forge a strategic partnership. This collaboration marked a pivotal moment in the industry, merging Pan Era Group's prowess in collecting and producing recycled PP plastic resin with Milliken's cutting-edge additive technology solutions. The collaboration aimed to advance sustainable practices and promote the use of recycled PP in Indonesia. Leveraging Pan Era Group's vast local collection network for plastic waste and Milliken's advanced material science technology, they planned to produce an enhanced recycled polypropylene resin.
Indonesia Plastic Bottles Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Demand for Light-Weight and Single Serve Beverages
5.1.2 Rise in Tourism to Push the Market Growth
5.2 Market Challenges
5.2.1 Environmental Concerns and Recycling Challenges
6. MARKET SEGMENTATION
6.1 By Resin
6.1.1 Polyethylene (PE)
6.1.2 Polyethylene Terephthalate (PET)
6.1.3 Polypropylene (PP)
6.1.4 Other Resins
6.2 By End-use Industry
6.2.1 Food
6.2.2 Beverage**
6.2.2.1 Bottled Water
6.2.2.2 Carbonated Soft Drinks
6.2.2.3 Alcoholic Beverages
6.2.2.4 Juices and Energy Drinks
6.2.2.5 Other Beverages
6.2.3 Pharmaceuticals
6.2.4 Personal Care and Toiletries
6.2.5 Industrial
6.2.6 Household Chemicals
6.2.7 Paints and Coatings
6.2.8 Other End-use Industries
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Jebsen & Jessen Pte Ltd
7.1.2 PT Biggy Cemerlang
7.1.3 PT Berlina Tbk
7.1.4 PT SOLUSI PRIMA PACKAGING
7.1.5 PT. KADUJAYA PERKASA
7.1.6 PB PT Indah Putih Cemerlang
7.1.7 PT Anshell Jaya
7.1.8 PT Jayatama Selaras
7.1.9 Amcor PLC
- *List Not Exhaustive
7.2 Competitor Analysis - Emerging Vs. Established Players
8. RECYCLING AND SUSTAINABILITY LANDSCAPE
9. FUTURE OF THE MARKET
Indonesia Plastic Bottles Industry Segmentation
The scope of this study is that bottles are defined as rigid plastic containers with an open cap medium or a dispensing interface that the manufacturer primarily uses to pack fluid products. The research also examines underlying growth influencers and significant industry vendors, all of which help to support market estimates and growth rates throughout the anticipated period. The market estimates and projections are based on the base year factors and arrived at top-down and bottom-up approaches.
The Indonesian plastic bottles market is segmented by resin (polyethylene (PE), polyethylene terephthalate (PET), polypropylene (PP), and other resins) and by end-use industries (food, beverage (bottled water, carbonated soft drinks, alcoholic beverages, juices and energy drinks, and other beverages (powdered and dairy-based beverages), pharmaceuticals, personal care and toiletries, household chemicals, paints and coatings, and other end-use industries). The report offers the market size in value(USD) for all the abovementioned segments.
| By Resin | |
| Polyethylene (PE) | |
| Polyethylene Terephthalate (PET) | |
| Polypropylene (PP) | |
| Other Resins |
| By End-use Industry | |||||||
| Food | |||||||
| |||||||
| Pharmaceuticals | |||||||
| Personal Care and Toiletries | |||||||
| Industrial | |||||||
| Household Chemicals | |||||||
| Paints and Coatings | |||||||
| Other End-use Industries |
Indonesia Plastic Bottles Market Research FAQs
How big is the Indonesia Plastic Bottles Market?
The Indonesia Plastic Bottles Market size is expected to reach USD 321.12 million in 2024 and grow at a CAGR of 4.10% to reach USD 392.54 million by 2029.
What is the current Indonesia Plastic Bottles Market size?
In 2024, the Indonesia Plastic Bottles Market size is expected to reach USD 321.12 million.
Who are the key players in Indonesia Plastic Bottles Market?
PT Jayatama Selaras, PT Biggy Cemerlang, Jebsen & Jessen Pte Ltd, Amcor Group and PT. KADUJAYA PERKASA are the major companies operating in the Indonesia Plastic Bottles Market.
What years does this Indonesia Plastic Bottles Market cover, and what was the market size in 2023?
In 2023, the Indonesia Plastic Bottles Market size was estimated at USD 307.95 million. The report covers the Indonesia Plastic Bottles Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Indonesia Plastic Bottles Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Indonesia Plastic Bottles Industry Report
Statistics for the 2024 Indonesia Plastic Bottles market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Indonesia Plastic Bottles analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
