Market Share of Indonesia Plastic Food Tray Industry
The Indonesian plastic food trays market is highly fragmented, with the presence of major players like Amcor PLC, Sonoco Products Company, Thermopak Karya Indonesia, PT. Vacpack Indonesia, and PT. Gosyen Pacific Sukses Makmur. Players in the market are adopting strategies such as partnerships, mergers, innovations, investments, company expansions, and acquisitions to enhance their product offerings and gain a sustainable competitive advantage.
- April 2024 - Klöckner Pentaplast (KP) announced the industry's inaugural food packaging tray crafted solely from recycled materials. This innovation stems from its Tray2Tray closed-loop program, dedicated to reclaiming PET waste. Through Tray2Tray, the company retrieves and recycles used food trays, transforming them into fresh, sustainable food packaging solutions.
Indonesia Plastic Food Tray Market Leaders
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Amcor PLC
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Sonoco Products Company
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Thermopak Karya Indonesia
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PT. Vacpack Indonesia
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PT. gosyen Pacific Sukses Makmur
*Disclaimer: Major Players sorted in no particular order
