Trends and Opportunities in the Indonesian Packaging Industry: Analysis of changing packaging trends in the Food, Cosmetics and Toiletries, Beverages and Other Industries

NEW YORK, July 5, 2017 /PRNewswire/ -- Trends and Opportunities in the Indonesian Packaging Industry: Analysis of changing packaging trends in the Food, Cosmetics and Toiletries, Beverages and Other Industries

Summary

Indonesian packaging industry is expected to grow from 101,232.4 Million units in 2016 to 130,325.8 Million units in 2021, registering a CAGR of 5.2%. This growth can be largely attributed to the growth of the country's economy, rising disposable incomes, and spending capabilities, leading to the increased consumption of packaged products. The growing number of busy professionals leading a hectic lifestyle will drive the demand for smaller, on-the-go packs, mostly available in Flexible packages. Furthermore, consumer consciousness towards environment protection/preservation will drive the demand for eco-friendly packaging formats.

Packaging industry in Indonesia is characterized by packages that enhance the utility of the products through on-the-go, convenience, and sustainability benefits. In terms of packaging material, Rigid Plastic is the highest market share gainer, with share growth of 3.2% during 2016-2021, with wide applications in the Soft Drinks and Food industries. Paper & Board packs are forecast to lose 1.3% of share each during 2016-2021, while Flexible Packages and Rigid Metal are expected to lose 1.8% and 0.2% shares respectively during the same period.

Rigid Plastics accounted for a share of 24.9% in 2016 (25,251.1 Million units) and is projected to grow at a CAGR of 7.7% during 2016-2021, to reach 36,664.4 Million units in 2021. Rigid Plastic packaging is preferred by manufacturers as it is a cost-effective solution to protect food and beverages during delivery from farm to table, and preserve food over longer durations. These packages also support innovations through different forms and shapes and are lighter in weight. The Soft Drinks and Food industries are the major users of Rigid Plastics, accounting for 69.1% and 26.5% shares respectively in 2016.

Flexible Packaging occupied a market share of 42.0% in 2016, accounting for 42,538.6 Million units in 2016, and is forecast to reach 52,448.9 Million units in 2021, at a CAGR of 4.3% during 2016-2021, with major usage in the Food industry (74.0% share in 2016). This growth is largely driven by its low cost, flexibility to suit multiple shapes and sizes, convenience (zip-locks, plastic closures), and low-carbon foot print on the environment as compared to Rigid Plastics. As a result, manufacturers prefer to use Flexible Packaging for products such as Pasta & Noodles, Fish & Seafood, and Bakery & Cereals, to give them a convenient and cost-effective packaging.

Paper & Board packages accounted for a share of 24.8% in 2016, totaling 25,156.5 Million units, and are expected to reach 30,677.8 Million units in 2021, registering a CAGR of 4.0%. Paper & Board packages are largely used in Tobacco products such as Cigarettes, and Food products such as Dairy Food. Paper & Board packages are gaining popularity in Indonesia as they are perceived to be environmentally-friendly and are easy to manufacture. In addition, Paper & Board is increasingly being used as an Outer material to hold products together in multi/bundle packs.

The report "Trends and Opportunities in the Indonesian Packaging Industry" provide a comprehensive overview of the Packaging industry in Indonesia, as part of our coverage of the industry across 20 countries.

It includes analysis on the following -
- Market Overview: Provides an overview of the usage of different packaging materials across different industries in terms of the number of units, packaging share and growth rates during 2011-2021
- Growth in use of Pack Material by Sector: Provides an overview of the shift in the utilization of various packaging materials across sectors during 2016-2021
- Key Packaging Materials: Includes data and analysis - number of units (Millions), volumes (Million kg/lit/units), growth rates - for five packaging types viz. Rigid Plastics, Rigid Metal, Glass, Paper & Board, Flexible Packaging and Others (other than the afore mentioned five types) during 2016-2021. It also covers:
- Sub-material: Includes Aluminum, Aluminum foil/paper/plastic, Brick, Flexible Plastic, Gable Top, Glass, HDPE, Metal, Paper, Paper & Board, PET, Plastic, Ready Metal Trays, Shaped, Thin-Walled and Others.
- Container Type: Includes Aerosol, Jar, Can - Food, Bag/Sachet, Pouch, Tray, Tub, Carton, Film, Tin, Bottle, Box, Blister Pack, Foil, Wrapper, Clamshell, Tube, Can - Composite, Can - Drink, Other Line Items, Sleeve, Can - Paint, Keg/Drum, Cup, Bag-in-Box, Specialty Cosmetic Containers and Others.
- Closure Material: Includes Metal, natural, Plastic, Synthetic and Others.
- Closure Type: Includes Cap, Twist Off, Prize Off, Foil, Film, Screw Top, Stopper, Dispenser, Flip/Snap Top, Sports Cap, Plastic Tie, Crown, Lever Closure and Others.
- Outer material: Includes Flexible, Paper & Board, Rigid Plastic and Others.
- Outer Type: Includes Box, Sleeve, Bag, Shrink Wrap, Blister Pack and Others.
- Trends, Case Studies and Future Outlook: Provides an understanding of the ongoing packaging trends in the country - convenience, affordability, multi-packs, eco-friendly etc.- across the five packaging materials. The report also provides a view into the future prospects of the packaging industry. The case studies in each packaging section give a success example highlighting the packaging innovations, strategies and best practices.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Packaging industry in Indonesia, as part of our coverage of the industry across 20 countries. It includes analysis on the following -
- Market Overview: Provides an overview of the usage of different packaging materials across different industries in terms of the number of units, packaging share and growth rates during 2011-2021
- Growth in use of Pack Material by Sector: Provides an overview of the shift in the utilization of various packaging materials across sectors during 2016-2021
- Key Packaging Materials: Includes data and analysis - number of units (Millions), volumes (Million kg/lit/units), growth rates - for five packaging types viz. Rigid Plastics, Rigid Metal, Glass, Paper & Board, Flexible Packaging and Others (other than the afore mentioned five types) during 2016-2021. It also covers:
- Sub-material: Includes Aluminum, Aluminum foil/paper/plastic, Brick, Flexible Plastic, Gable Top, Glass, HDPE, Metal, Paper, Paper & Board, PET, Plastic, Ready Metal Trays, Shaped, Thin-Walled and Others
- Container Type: Includes Aerosol, Jar, Can - Food, Bag/Sachet, Pouch, Tray, Tub, Carton, Film, Tin, Bottle, Box, Blister Pack, Foil, Wrapper, Clamshell, Tube, Can - Composite, Can - Drink, Other Line Items, Sleeve, Can - Paint, Keg/Drum, Cup, Bag-in-Box, Specialty Cosmetic Containers and Others
- Closure Material: Includes Metal, natural, Plastic, Synthetic and Others
- Closure Type: Includes Cap, Twist Off, Prize Off, Foil, Film, Screw Top, Stopper, Dispenser, Flip/Snap Top, Sports Cap, Plastic Tie, Crown, Lever Closure and Others
- Outer Material: Includes Flexible, Paper & Board, Rigid Plastic and Others
- Outer Type: Includes Box, Sleeve, Bag, Shrink Wrap, Blister Pack and Others
- Trends, Case Studies and Future Outlook: Provides an understanding of the ongoing packaging trends in the country - convenience, affordability, multi-packs, eco-friendly etc.- across the five packaging materials. The report also provides a view into the future prospects of the packaging industry. The case studies in each packaging section gives a success example highlighting the packaging innovations, strategies and best practices.

Reasons to buy

- Packaging companies and retailers seek the latest information on consumer trends and opportunities to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the CPG market.
- As consumer product demand evolves the dynamics between different packaging types also evolves favoring some packaging types and formats and leaving others increasingly out of line with demand patterns. As a result, understanding the shifting market dynamics is key to ensuring maximum sales in the future.
- The differential growth across different packaging materials and formats drive fundamental shifts in the market. These differentials result from various factors such as changing consumer preferences, regulatory compliance, and innovation within the packaging market
- The report is a unique combination of in-depth qualitative analysis and authoritative packaging data for the years 2011-2021. Each packaging material has detailed data breakdown by packaging type, closure material, closure type, outer material, and outer type.
Read the full report: http://www.reportlinker.com/p04948904/Trends-and-Opportunities-in-the-Indonesian-Packaging-Industry-Analysis-of-changing-packaging-trends-in-the-Food-Cosmetics-and-Toiletries-Beverages-and-Other-Industries.html

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