Indonesia Plastic Packaging Films Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 3.47 Million tonnes |
| Market Volume (2029) | 4.06 Million tonnes |
| CAGR (2024 - 2029) | 3.19 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Indonesia Plastic Packaging Films Market Analysis
The Indonesia Plastic Packaging Films Market size is estimated at 3.47 Million tonnes in 2024, and is expected to reach 4.06 Million tonnes by 2029, growing at a CAGR of 3.19% during the forecast period (2024-2029).
- The increasing advancements and end-user industry packaging applications are the significant factors pushing the market. In Indonesia, the use of packaging per person is rising due to consumer behavior trends, such as the use of convenience products.
- Implementing new ways for plastic packaging films to function significantly impacts Indonesia's packaging industry. Durable and versatile plastic packaging films are increasingly favored across industries, from food and pharmaceuticals to consumer goods. Their adaptability fuels the demand for diversification.
- Moreover, with multiple convenience stores, the food industry is one of the largest sectors among modern retail channels. They are projected to continue to expand in terms of the number of outlets, as they are closer to residential areas. With the rising demand for food packages, the market would escalate significantly regarding packaging options like plastic packaging films.
- Environmental laws are also anticipated to hinder the expansion of plastic packaging films. The government of Indonesia has enforced regulations to manage plastic waste and promote plastic recycling. Presidential Regulation Number 83 of 2018 on marine waste management governs the issue of marine plastic waste and aims to lower its impact on the environment.
- Further, the government is working towards its target of 70% waste management and 30% waste reduction by 2025. Also, the government is devoted to addressing waste from the upstream and downstream life cycle of products, targeting “zero waste” by 2030. Such government initiatives and plastic pollution might impact the market studied over the forecast period.
Indonesia Plastic Packaging Films Market Trends
Polyethylene Segment is Expected to Witness Significant Growth
- Growing awareness of environmental issues is leading to increased demand for sustainable packaging. Innovations in recyclable and biodegradable PE films align with these consumer and regulatory demands.
- In June 2023, Indonesia's Environment and Forestry Minister announced intentions to ban single-use plastic film products by 2029. With the phasing out of single-use plastics, the market is set to witness a surge in demand for reusable and robust packaging solutions.
- Polyethylene (PE) packaging films, prized for their durability and adaptability, are poised to emerge as a favored substitute, fueling their market demand. This shift aligns with global trends towards sustainability and environmental responsibility, further bolstering the growth prospects for PE packaging films.
- The surge in e-commerce sales leads to a higher volume of shipped products, increasing the demand for durable and protective packaging materials. Polyethylene packaging films are ideal for e-commerce packaging due to their lightweight, flexibility, and protective qualities.
- Indonesia boasts one of Southeast Asia's largest retail e-commerce markets, as highlighted by Agriculture and Agri-Food Canada. In 2021, retail e-commerce sales in Indonesia reached USD 37.34 billion, almost five times higher than in 2017. Retail e-commerce sales are anticipated to reach USD 90.47 billion by 2026.
Food Segment to Show Significant Growth
- Innovations in packaging technology, such as multi-layer films, high-barrier films, and biodegradable films, are enhancing the functionality and sustainability of plastic packaging. These advancements cater to the specific needs of the food industry, such as extended shelf life and improved food safety.
- One of the industry insiders' critical steps was establishing the Indonesian Packaging and Recycling Association for Sustainable Environment (PRAISE). Coca-Cola Indonesia, Indian Food Sukses McMar, Nestle Indonesia, Tetra Pak Indonesia, Tirta Investama, and Unilever Indonesia Foundation founded this non-profit organization.
- In 2030, Indonesia aimed to establish a sustainable ecosystem by converting plastic packaging waste into valuable resources, fostering economic, social, and environmental advantages.
- The rising sales of processed meat, seafood, and meat alternatives indicate a growing consumer preference for convenient, ready-to-eat, and easy-to-cook food products. These products require efficient and reliable packaging solutions, driving the demand for plastic packaging films.
- According to an article published by the United States Department of Agriculture in July 2023, the significant increase in retail sales of processed meat, seafood, and alternatives to meat in Indonesia from USD 1,431.9 million in 2017 to USD 1,976.8 million in 2022 highlights a growing demand for these products.
Indonesia Plastic Packaging Films Industry Overview
Indonesia's plastic packaging films market is consolidated, with a few major players such as Amcor Group GmbH, PT Polyplex Films Indonesia, and PT. Urban Plastik Indonesia and PT MC PET Film Indonesia occupy most of the market share. Several companies in the Nordic are forging alliances and engaging in mergers to bolster their market presence.
- March 2024: INEOS Olefins & Polymers Europe, PepsiCo, and Amcor have collaborated to introduce an innovative snack packaging solution for Sunbites crisps, which integrates 50% recycled plastic. The companies revealed that the packaging is manufactured by converting plastic waste into food-grade material through a cutting-edge recycling process.
- March 2023: ePac Flexible Packaging has announced its early compliance with all state deadlines concerning PFAS and plastic packaging. In 2023, several states started enforcing laws and regulations prohibiting the intentional addition of polyfluoroalkyl substances (PFAS) in packaging.
Indonesia Plastic Packaging Films Market Leaders
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PT Polyplex Films Indonesia
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PT. Urban Plastik Indonesia
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PT MC PET Film Indonesia
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PT MASPLAST POLY FILM
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Amcor Group GmbH
*Disclaimer: Major Players sorted in no particular order
Indonesia Plastic Packaging Films Market News
- June 2024: Prevented Ocean Plastic inaugurates its newest collection center in Indonesia. The center, located in Makassar, boasts high capacity and is dedicated to recycling plastic. Its grand opening coincided with UN World Oceans Day 2024.
- The new collection center will increase the availability of high-quality recycled plastic, providing a steady supply of raw materials for manufacturing plastic packaging films. This can reduce reliance on virgin plastic, making the production process more sustainable and cost-effective.
- March 2024: Supply Chain partners unite to introduce innovative film packaging utilizing 50% recycled plastic. The packaging transforms, turning plastic waste into high-quality, food-grade material. This is achieved through an advanced recycling method, distinct from mechanical recycling. This process ensures the recycled materials meet the stringent EU regulations, particularly for applications like food contact, sensitive contacts, and medical devices.
Indonesia Plastic Packaging Films Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumption and Market Defintion
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 Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Rapid Growth of HoReCa and Food Industry
5.2 Market Restraints
5.2.1 Lack of Defined Recycling Plans Coupled with Environmental Challenges
6. MARKET SEGMENTATION
6.1 By Type
6.1.1 Polypropylene (Biaxially Oriented Polypropylene (BOPP), Cast Polypropylene (CPP))
6.1.2 Polyethylene (Low-density Polyethylene (LDPE), Linear Low-density Polyethylene (LLDPE))
6.1.3 Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET))
6.1.4 Polystyrene
6.1.5 Bio-based
6.1.6 PVC, EVOH, PETG, and Other Film Types
6.2 By End-user Industry
6.2.1 Food
6.2.1.1 Candy & Confectionery
6.2.1.2 Frozen Foods
6.2.1.3 Fresh Produce
6.2.1.4 Dairy Products
6.2.1.5 Dry Foods
6.2.1.6 Meat, Poultry, and Seafood
6.2.1.7 Pet Food
6.2.1.8 Other Food Products (Seasonings & Spices, Spreadables, Sauces, Condiments, etc.)
6.2.2 Healthcare
6.2.3 Personal Care & Home Care
6.2.4 Industrial Packaging
6.2.5 Other End-user Industry Applications (Agricultural, Chemical, etc.)
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles*
7.1.1 PT Polyplex Films Indonesia
7.1.2 PT. Urban Plastik Indonesia
7.1.3 PT MC PET Film Indonesia
7.1.4 PT MASPLAST POLY FILM
7.1.5 Amcor Group GmbH
7.1.6 ePac Holdings, LLC.
7.1.7 PT. Dinakara Putra.
7.1.8 Pt Trias Sentosa TBK
7.1.9 Pt Indopoly Swakarsa Industry TBK
7.1.10 Pt Argha Karya Prima Industry
8. RECYCLING & SUSTAINABILITY LANDSCAPE
9. FUTURE OUTLOOK OF THE MARKET
Indonesia Plastic Packaging Films Industry Segmentation
Plastic film packaging refers to various thin plastic materials that wrap or protect products. These films are commonly used in the food, pharmaceutical, and other industries. The report tracks the demand for converted packaging films across major resin and application types. This encompasses a range of materials and uses, reflecting the market's varied requirements and the evolving preferences of consumers and businesses.
The Indonesia Plastic Packaging Films Market is Segmented by Type (Polypropylene (Biaxially Oriented Polypropylene (BOPP) and Cast Polypropylene (CPP)), Polyethylene (Low-density Polyethylene (LDPE), and Linear Low-density Polyethylene (LLDPE)), Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET)), Polystyrene, Bio-based, and PVC, EVOH, PETG, and Other Film Types), by End-user Industry (Food [Candy & Confectionery, Frozen Foods, Fresh Produce, Dairy Products, Dry Foods, Meat, Poultry, and Seafood, Pet Food, and Other Food Products (Seasonings & Spices, Spreadable, Sauces, Condiments, etc.)], Healthcare, Personal Care & Home Care, Industrial Packaging, Other End-user Industry Applications). The report offers market forecasts and size in volume (tons) for all the above segments.
| By Type | |
| Polypropylene (Biaxially Oriented Polypropylene (BOPP), Cast Polypropylene (CPP)) | |
| Polyethylene (Low-density Polyethylene (LDPE), Linear Low-density Polyethylene (LLDPE)) | |
| Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET)) | |
| Polystyrene | |
| Bio-based | |
| PVC, EVOH, PETG, and Other Film Types |
| By End-user Industry | ||||||||||
| ||||||||||
| Healthcare | ||||||||||
| Personal Care & Home Care | ||||||||||
| Industrial Packaging | ||||||||||
| Other End-user Industry Applications (Agricultural, Chemical, etc.) |
Indonesia Plastic Packaging Films Market Research FAQs
How big is the Indonesia Plastic Packaging Films Market?
The Indonesia Plastic Packaging Films Market size is expected to reach 3.47 million tonnes in 2024 and grow at a CAGR of 3.19% to reach 4.06 million tonnes by 2029.
What is the current Indonesia Plastic Packaging Films Market size?
In 2024, the Indonesia Plastic Packaging Films Market size is expected to reach 3.47 million tonnes.
Who are the key players in Indonesia Plastic Packaging Films Market?
PT Polyplex Films Indonesia, PT. Urban Plastik Indonesia, PT MC PET Film Indonesia, PT MASPLAST POLY FILM and Amcor Group GmbH are the major companies operating in the Indonesia Plastic Packaging Films Market.
What years does this Indonesia Plastic Packaging Films Market cover, and what was the market size in 2023?
In 2023, the Indonesia Plastic Packaging Films Market size was estimated at 3.36 million tonnes. The report covers the Indonesia Plastic Packaging Films Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Indonesia Plastic Packaging Films Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Indonesia Plastic Packaging Films Industry Report
Statistics for the 2024 Indonesia Plastic Packaging Films market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Indonesia Plastic Packaging Films 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.
