2024/5/1 – CRI Report

Indonesia Plastic Industry Research Report 2024-2033

admin — Mon, 29 Apr 2024 19:04:03 +0000

Indonesia Plastic Industry

Indonesia, located in Southeast Asia, is the fourth most populous country in the world with a population exceeding 270 million. It is the largest economy in ASEAN and has the largest consumer base in Southeast Asia. The growth of Indonesia’s plastic industry has been fueled by the continuous growth of the Indonesian economy.

Indonesia’s GDP per capita has been growing, with a compound annual growth rate of 3.9% from 2014 to 2023, reaching US$ 4,914 in 2023, an increase of 2.7% year-over-year. In 2023, Indonesia’s real GDP was US$ 1.41 trillion, calculated at constant 2010 market prices, an increase of 5.05% year-over-year, although this was a 0.3% decrease from 2022. Despite a slight slowdown, Indonesia’s GDP growth rate remains well above the global rate of 2.6%.

The Indonesian plastic and plastic products industry is gradually recovering. In 2022, Indonesia’s imports of plastics and their products increased by 17.9% year-over-year, reaching US$11.2 billion, making it the 19th largest importer of plastics and their products globally. According to CRI analysis, plastics and their products are the fifth largest import category for Indonesia. Indonesia’s imports of plastics and their products mainly come from China (US$ 3.45 billion), Singapore (US$ 1.26 billion), Thailand (US$ 1.24 billion), South Korea (US$ 1 billion), and Malaysia (US $960 million).

In terms of exports, Indonesia’s exports of plastic raw materials and products have been trending upwards. In 2022, exports of plastics and their products amounted to US$ 3.13 billion, making Indonesia the 39th largest exporter of plastics and their products globally, a year-over-year increase of 20.4%. According to CRI analysis, Japan, China, Vietnam, Malaysia, and the United States are the top five export destinations for Indonesian plastic raw materials and products.

Plastics and plastic products in Indonesia are used extensively across various industries including packaging, construction, electronics, and automotive manufacturing. Driven by Indonesia’s continued economic development and population growth, the domestic consumer market is expected to continue expanding in the medium to long term. Moreover, as the penetration of e-commerce accelerates in Indonesia, the demand for plastic packaging is expected to remain strong. Additionally, growing demand from end-user industries such as electrical and electronics and the construction sector is expected to drive growth in the Indonesian plastic market.

To control environmental issues caused by disposable plastic products, the Indonesian government has issued a policy to phase out the use of various single-use plastic products by the end of 2029, including polystyrene foam used in food packaging, disposable plastic cutlery, plastic straws, plastic shopping bags, multi-layer packaging films, and small plastic packaging bags.

Despite the Indonesian government’s stringent environmental policies, which impose certain restrictions on the use of plastics, the long-term growth potential for the Indonesian plastic industry remains significant. The industry is expected to grow significantly through investments from both FDI and domestic companies, focusing on the development and production of environmentally friendly plastic products to mitigate policy impacts on the Indonesian plastic industry.

CRI predicts that there are substantial investment opportunities for foreign investors in the Indonesian plastic industry. Imports of plastics and their products are expected to continue growing in the coming years, with imports projected to reach US$ 16.08 billion by 2033, achieving a compound annual growth rate (CAGR) of 3.5% from 2024 to 2033.

Topics covered:

Overview of the Indonesian Plastic Industry
Economic and Policy Environment of the Indonesian Plastic Industry
How Foreign Investment Enters the Indonesian Plastic Industry
Market Size of the Indonesian Plastic Industry from 2024 to 2033
Analysis of Major Plastic Industry Manufacturers in Indonesia
Key Drivers and Market Opportunities for the Indonesian Plastic Industry
Main Drivers, Challenges, and Opportunities for the Indonesian Plastic Industry during the 2024-2033 Forecast Period
Who are the key players in the Indonesian plastic industry market, and what are their competitive advantages?
Expected revenue for the Indonesian Plastic Industry Market during the 2024-2033 forecast period
What strategies have major players adopted to increase their market share in the industry?
Which segment of the Indonesian plastic industry market is expected to dominate by 2032?
Major adverse factors facing the Indonesian plastic industry

1 Overview of Indonesia

1.1. Geography

1.2. Population Structure

1.3. Economic Overview

1.4. Minimum Wage Standards (2015-2024)

1.5. Impact of COVID-19 on the Plastic Industry

2 Development Environment of the Indonesian Plastic Industry

2.1. Historical Development

2.2. Types of Plastics Available

2.3. Policy Framework

3 Supply and Demand Dynamics in the Indonesian Plastic Industry

3.1. Supply Analysis

3.1.1. Production Capacity

3.1.2. Production Volume

3.2. Demand Analysis

3.2.1. Volume of Demand

3.2.2. Market Size

4 Import and Export Conditions of Indonesian Plastic Industry

4.1. Import Overview

4.1.1. Import Volume and Value

4.1.2. Primary Sources of Imports

4.2. Export Overview

4.2.1. Export Volume and Value

4.2.2. Key Export Destinations

5 Market Competition Analysis

5.1. Entry Barriers of Indonesian Plastic Industry

5.1.1. Brand Recognition

5.1.2. Quality Standards

5.1.3. Capital Investment

5.2. Competitive Landscape

5.2.1. Supplier Bargaining Power

5.2.2. Consumer Bargaining Power

5.2.3. Industry Competition

5.2.4. New Entrants

5.2.5. Substitutes

6 Analysis of Major Plastic Brands in Indonesia

6.1. Asahimas Chemical Company

6.2. BASF SE

6.3. Lotte Chemical Titan Holding Berhad

6.4. PT INNAN

6.5. PT Pertamina (Persero)

6.6. PT Polychem Indonesia Tbk

6.7. PT Chandra Asri Petrochemical

6.8. LyondellBasell Industries Holdings BV

6.9. PT Standard Toyo Polymer (Tosoh Corporation)

6.10. Sulfindo Adiusaha

Each entry includes development history, main products, and operational model.

7 2024-2033 Outlook for the Indonesian Plastic Industry

7.1. Development Factors

7.1.1. Growth Drivers and Opportunities

7.1.2. Challenges and Threats

7.2. Supply Forecast

7.3. Demand Forecast

7.4. Import and Export Projections

List of Charts

Chart: Total Population of Indonesia (2009-2023)

Chart: Per Capita GDP of Indonesia (2014-2023)

Chart: Government Policies Related to the Plastic Raw Material Industry (2019-2023)

Chart: Production of Plastic Raw Materials in Indonesia (2019-2023)

Chart: Domestic Consumption of Plastic Raw Materials in Indonesia (2019-2023)

Chart: Import Volume of Plastic Raw Materials in Indonesia (2019-2023)

Chart: Import Value of Plastic Raw Materials in Indonesia (2019-2023)

Chart: Importing Countries and Values for Plastic Raw Materials in Indonesia (2019-2023)

Chart: Export Volume of Plastic Raw Materials and Products from Indonesia (2019-2023)

Chart: Export Value of Plastic Raw Materials and Products from Indonesia (2019-2023)

Chart: Exporting Countries and Values for Plastic Raw Materials from Indonesia (2019-2023)

Chart: Production Forecast for Plastic Raw Materials in Indonesia (2024-2033)

Chart: Forecast of Domestic Market Size for Plastic Raw Materials in Indonesia (2024-2033)

Chart: Import Forecast for Plastic Raw Materials in Indonesia (2024-2033)

Chart: Export Forecast for Plastic Raw Materials in Indonesia (2024-2033)

The post Indonesia Plastic Industry Research Report 2024-2033 first appeared on CRI Report.

Vietnam Plastic Industry Research Report 2024-2033

admin — Mon, 29 Apr 2024 19:04:01 +0000

Vietnam Plastic Industry

Over the past decade, Vietnam’s economy has developed rapidly, with annual increases in GDP per capita, reaching US$ 4,284 in 2023. In 2023, Vietnam’s economy quickly rebounded, growing by 5.8% to US$ 435 billion, making it the 35th largest globally. Its economic growth rate, higher than the global average of 2.6%, classifies it as a high-growth nation. Alongside the development of Vietnam’s manufacturing sector, the plastic industry has also demonstrated strong growth momentum.

Compared to long-established industries like machinery, electrical electronics, chemicals, and textiles, Vietnam’s plastic industry is relatively young but has shown robust growth momentum in recent years. Between 2010 and 2020, the plastic industry was among the fastest-growing sectors in Vietnam, with an annual growth rate of 16%-18%, trailing only telecommunications and textiles. According to CRI analysis, Vietnam is home to nearly 4,000 plastic companies, 90% of which are small and medium enterprises concentrated in the southern region. In 2022, Vietnam’s plastic industry’s total revenue exceeded US$ 25 billion, with exports accounting for 22%. Some plastic products saw annual growth rates close to 100%, indicating substantial market potential. Compared to the world stage, Vietnam’s plastic industry is just beginning.

In 2021-2022, Vietnam’s plastic industry experienced recovery growth, but it declined in 2023. In that year, Vietnam imported US$ 9.76 billion in plastic raw materials, with plastic product imports reaching US$ 7.51 billion. South Korea is one of Vietnam’s primary sources of plastic raw materials, with overall import volumes of PVC, PE, PP resin showing an upward trend from the South Korean market.

Regarding exports, Vietnam’s plastic raw materials and products have generally shown an upward trend over the past five years. According to CRI analysis, in 2023, Vietnam’s plastic raw materials exports amounted to US$ 2.17 billion, with a compound annual growth rate (CAGR) of 14.4% from 2019 to 2023. Plastic products exports reached US$ 5.18 billion, with a CAGR of 10.8% over the same period. The United States, Japan, and South Korea are the main destinations for Vietnam’s plastic products, with 2023 exports to the U.S. totaling US$ 2.16 billion, a 1.5% decrease from the previous year, accounting for about 42% of the plastic product export share.

The plastic industry significantly contributes to Vietnam’s economy, with applications across multiple sectors, including packaging, consumer goods, electronics, automotive, aviation, textiles, and agriculture. According to CRI analysis, with substantial investment increases from FDI enterprises and domestic companies, the production scale of Vietnam’s plastic industry continues to expand. There’s a noticeable trend toward producing green and environmentally friendly products, making Vietnam a significant production base for plastic products, fulfilling numerous large import market orders.

In 2023, Vietnam’s plastic product output exceeded 10 million tons. According to CRI, Vietnam’s plastic industry holds substantial potential for foreign investors. In recent years, there has been a significant wave of investment shifting from China to Vietnam within the plastic industry. Several factors drive this shift, including cheaper labor costs compared to China and various policy factors, including international trade barriers. Additionally, Vietnam has signed several major free trade agreements with key partners, creating more investment and export opportunities, attracting more foreign investors to the Vietnam plastic industry. Notably, investors from ASEAN countries like Thailand, Indonesia, South Korea, and Japan have invested in and acquired shares in major Vietnamese plastic companies. According to CRI analysis, approximately 15% of Vietnamese plastic companies are foreign-owned.

CRI forecasts that the Vietnam market will become one of the fastest-growing plastic markets globally. For plastic raw material manufacturers, plastic product manufacturers, and distributors, the Vietnam market is becoming increasingly important.

Topics covered:

Overview of Vietnam’s Plastic Industry
Economic and Policy Environment of Vietnam’s Plastic Industry
How Can Foreign Capital Enter the Vietnam Plastic Market?
Market Size of Vietnam’s Plastic Industry from 2024 to 2033
Analysis of Major Vietnamese Plastic Industry Production Enterprises
Main Drivers and Market Opportunities of Vietnam’s Plastic Industry
What are the main drivers, challenges, and opportunities for Vietnam’s plastic industry during the forecast period of 2024-2033?
Who are the major players in the Vietnam plastic industry market, and what are their competitive advantages?
What is the expected revenue of the Vietnam plastic industry market during the forecast period of 2024-2033?
What strategies have the major players in the market adopted to increase their market share in the industry?
Which segment of the Vietnam plastic industry market is expected to dominate the market by 2033?
What are the main adverse factors facing the Vietnam plastic industry?

1 Overview of Vietnam

1.1 Geography

1.2 Population Structure of Vietnam

1.3 Economy of Vietnam

1.4 Minimum Wage Standards in Vietnam, 2015-2024

1.5 Impact of COVID-19 on the Vietnamese Plastic Industry

2 Development Environment of the Vietnamese Plastic Industry

2.1 Brief History of the Vietnamese Plastic Industry Development

2.2 Types of Plastics in Vietnam

2.3 Policy Environment of the Vietnamese Plastic Industry

3 Supply and Demand Status of the Vietnamese Plastic Industry

3.1 Supply Status of the Vietnamese Plastic Industry

3.1.1 Capacity

3.1.2 Output

3.2 Demand Status of the Vietnamese Plastic Industry

3.2.1 Demand Volume

3.2.2 Market Size

4 Import and Export Status of the Vietnamese Plastic Industry

4.1 Import Status of the Vietnamese Plastic Industry

4.1.1 Volume and Value of Plastic Imports in Vietnam

4.1.2 Major Sources of Plastic Imports in Vietnam

4.2 Export Status of the Vietnamese Plastic Industry

4.2.1 Volume and Value of Plastic Exports in Vietnam

4.2.2 Major Destinations for Vietnamese Plastic Exports

5 Market Competition in the Vietnamese Plastic Industry

5.1 Entry Barriers in the Vietnamese Plastic Industry

5.1.1 Brand Barriers

5.1.2 Quality Barriers

5.1.3 Capital Barriers

5.2 Competitive Structure of the Vietnamese Plastic Industry

5.2.1 Bargaining Power of Plastic Suppliers

5.2.2 Bargaining Power of Consumers

5.2.3 Competition in the Vietnamese Plastic Industry

5.2.4 Potential New Entrants in the Plastic Industry

5.2.5 Substitutes for Plastics

6 Analysis of Major Plastic Brands in Vietnam

6.1 Nam Thai Son Group

6.1.1 Development History of Nam Thai Son Group

6.1.2 Main Products of Nam Thai Son Group

6.1.3 Operational Model of Nam Thai Son Group

6.2 VN Plastic Co., Ltd

6.2.1 Development History of VN Plastic Co., Ltd

6.2.2 Main Products of VN Plastic Co., Ltd

6.2.3 Operational Model of VN Plastic Co., Ltd

6.3 Thuan Loi Manufacturing Co., Ltd

6.3.1 Development History of Thuan Loi Manufacturing Co., Ltd

6.3.2 Main Products of Thuan Loi Manufacturing Co., Ltd

6.3.3 Operational Model of Thuan Loi Manufacturing Co., Ltd

6.4 Hana Plastic Co., Ltd

6.4.1 Development History of Hana Plastic Co., Ltd

6.4.2 Main Products of Hana Plastic Co., Ltd

6.4.3 Operational Model of Hana Plastic Co., Ltd

6.5 Thai Loi Co Ltd

6.5.1 Development History of Thai Loi Co Ltd

6.5.2 Main Products of Thai Loi Co Ltd

6.5.3 Operational Model of Thai Loi Co Ltd

6.6 AN PHU PACKING CO.,LTD

6.7 Viet Nhat Plastic Production Co., Ltd.

6.8 Hiep Thanh Plastic – Trading – Manufacturing JSC

6.9 Danang Plastic JSC

6.10 HONG THANH TRADING PRODUCTION COMPANY LIMITED

7 Outlook for the Vietnamese Plastic Industry, 2024-2033

7.1 Analysis of Development Factors in the Vietnamese Plastic Industry

7.1.1 Drivers and Development Opportunities of the Vietnamese Plastic Industry

7.1.2 Threats and Challenges Faced by the Vietnamese Plastic Industry

7.2 Supply Forecast for the Vietnamese Plastic Industry

7.3 Demand Forecast for the Vietnamese Plastic Market

7.4 Import and Export Forecast for the Vietnamese Plastic Industry

LIST OF CHARTS

Chart Total Population of Vietnam, 2009-2023

Chart Per Capita GDP of Vietnam, 2014-2023

Chart Policies Related to the Plastic Raw Material Industry Issued by the Vietnamese Government, 2019-2023

Chart Production of Plastic Raw Materials in Vietnam, 2019-2023

Chart Domestic Consumption of Plastic Raw Materials in Vietnam, 2019-2023

Chart Import Volume of Plastic Raw Materials in Vietnam, 2019-2023

Chart Import Value of Plastic Raw Materials in Vietnam, 2019-2023

Chart Importing Countries and Import Values of Plastic Raw Materials in Vietnam, 2019-2023

Chart Export Volume of Plastic Raw Materials and Products in Vietnam, 2019-2023

Chart Export Value of Plastic Raw Materials and Products in Vietnam, 2019-2023

Chart Exporting Countries and Export Values of Plastic Raw Materials in Vietnam, 2019-2023

Chart Production Forecast of Plastic Raw Materials in Vietnam, 2024-2033

Chart Forecast of the Domestic Market Size for Plastic Raw Materials in Vietnam, 2024-2033

Chart Import Forecast for Plastic Raw Materials in Vietnam, 2024-2033

Chart Export Forecast for Plastic Raw Materials in Vietnam, 2024-2033

The post Vietnam Plastic Industry Research Report 2024-2033 first appeared on CRI Report.

Vietnam Automobile Tire Industry Research Report 2024-2033

admin — Mon, 29 Apr 2024 19:04:00 +0000

Vietnam Automobile Tire Industry

Vietnam is situated in the eastern part of the Indochina Peninsula, bordered by China to the north, Laos and Cambodia to the west, and the South China Sea to the east and south. Covering approximately 330,000 square kilometers, Vietnam had a population of about 103 million by the end of 2023. According to CRI analysis, over 60% of Vietnamese people own motorcycles, significantly higher than the global average, while car ownership is less than 30 vehicles per thousand people.

Automobile Tire Industry Overview

Tires, as a vital component of automobiles, are crucial to the industry’s supply chain. In recent years, Vietnam’s tire manufacturing industry has developed and matured, with production expected to exceed 30 million units in 2023, growing at a compound annual rate of more than 10% over the last five years. The tire market in Vietnam is segmented into OEM for vehicle manufacturing, replacement demand in the automotive aftermarket, and export demand.

Market Dynamics

Given the low rate of car ownership, motorcycles continue to be the preferred mode of transportation in Vietnam. Although it is the third most populous country in Southeast Asia and the 15th in the world, the automobile market in Vietnam grows slowly. The production of automobiles in 2022 rose by 14.84% to 334,000 units. With a significant need for both spare and large vehicle tires, the automotive industry’s tire demand is projected to reach about 2 million units in 2023, far exceeding the demand in vehicle manufacturing.

Trade Analysis

Vietnam has a substantial surplus in automobile tires. In 2022, the export value of tires was $2.172 billion, a 23.96% increase over the previous year, whereas tire imports totaled only $536 million, leading to a trade surplus of $1.636 billion. More than 90% of the tire production is exported, predominantly to the United States, which remains the major market driver.

Major Players in the Market

The top ten tire exporters from Vietnam include only two local companies, Casumina and Da Nang Rubber Co., Ltd. (DRC), alongside numerous foreign-invested enterprises. Renowned global manufacturers such as Bridgestone, Michelin, Yokohama, Kumho, and others have established extensive operations in the country. Chinese manufacturers like Sailun have also set up significant production capacities, with some exceeding 18 million units annually.

Market Forecast

CRI predicts that Vietnam’s tire exports will continue to increase in the forthcoming years, estimating the export volume to reach about 32.1 million units in 2024 and 52.42 million units by 2033. The anticipated compound annual growth rate from 2024 to 2033 is approximately 5.6%.

Topics covered:

Vietnam Automobile tire Industry Overview
Economic and policy environment for automobile tires in Vietnam
Vietnam automobile tire market size from 2019 to 2023
Analysis of major Vietnam automobile tire manufacturers
Key drivers and market opportunities for the Vietnam automobile tire industry
What are the key drivers, challenges and opportunities for the Vietnam automobile tire industry during the forecast period 2024-2033?
What is the expected revenue of the Vietnam Automobile tire market during the forecast period 2024-2033?
What strategies are adopted by the key players in the market to increase their market share in the industry?
Which segment of the Vietnam Automobile tire Market is expected to dominate the market in 2033?
Vietnam Automobile tire Market Forecast from 2024 to 2033
What are the main headwinds facing the Vietnam automobile tire industry?

Related Reports:

1 Overview of Vietnam

1.1 Geographic Conditions

1.2 Demographic Structure of Vietnam

1.3 Economic Situation in Vietnam

1.4 Minimum Wage Standards from 2013 to 2022

1.5 Impact of COVID-19 on the Automobile Tire Industry in Vietnam

2 Overview of Vietnam’s Automobile Tire Industry

2.1 Development History of Automobile Tires in Vietnam

2.2 Foreign Direct Investment (FDI) in Vietnam’s Tire Industry

2.3 Policy Environment of Vietnam’s Tire Industry

3 Supply and Demand Status of Vietnam’s Automobile Tire Industry

3.1 Supply Situation of the Tire Industry in Vietnam

3.2 Demand Situation of the Tire Industry in Vietnam

4 Import and Export Status of Vietnam’s Automobile Tire Industry

4.1 Import Status

4.1.1 Volume and Value of Tire Imports in Vietnam

4.1.2 Main Import Sources for Tires in Vietnam

4.2 Export Status

4.2.1 Volume and Value of Tire Exports from Vietnam

4.2.2 Main Export Destinations for Vietnam’s Tires

4.3 Cost Analysis of Vietnam’s Automobile Tire Industry

4.3.1 Labor costs

4.3.2 Plant rent and land costs

4.3.3 Electricity

4.3.4 Raw material prices

4.3.5 Other Costs

5 Cost and price analysis of automobile tire production in Vietnam

5.1 Cost Analysis

5.1.1 Labor Cost

5.1.2 Plant rent and land cost

5.1.3 Industrial electricity price

5.1.4 Raw material cost

5.1.5 Other Costs

5.2 Price Analysis of Automobile Tire in Vietnam

6 MARKET COMPETITION IN VIETNAM’S AUTOMOTIVE TIRE INDUSTRY

6.1 Barriers to Entry

6.1.1 Brand Barriers

6.1.2 Quality Barriers

6.1.3 Capital Barriers

6.2 Competition Structure

6.2.1 Bargaining Power of Suppliers

6.2.2 Consumer Bargaining Power

6.2.3 Industry Competition

6.2.4 Potential New Entrants

6.2.5 Substitutes for Automobile Tires

7 Analysis of Major Automobile Tire Manufacturing Companies in Vietnam

7.1 Bridgestone

7.1.1 Company Profile

7.1.2 Production and Sales

7.2 Michelin

7.2.1 Company Profile

7.2.2 Production and Sales

7.3 Kumho

7.3.1 Company Profile

7.3.2 Production and Sales

7.4 Sailun

7.4.1 Enterprise Overview

7.4.2 Production and Sales

7.5 Cheng Shin

7.5.1 Company Profile

7.5.2 Production and Sales

7.6 Kenda

7.6.1 Enterprise Overview

7.6.2 Production and Sales

7.7 Goodride

7.7.1 Corporate Profile

7.7.2 Production and Sales

7.8 Yokohama

7.8.1 Corporate Profile

7.8.2 Production and Sales

7.9 Pirelli

7.9.1 Corporate Profile

7.9.2 Production and Sales

7.10 Hankook

7.10.1 Company Profile

7.10.2 Production and Sales

7.11 Sao Vang Rubber JSC (SRC)

7.11.1 Company Profile

7.11.2 Production and Sales

7.12 Southern Rubber Industry Joint Stock Company (Casumina)

7.12.1 Company Profile

7.12.2 Production and Sales

7.13 Danang Rubber JSC (DRC)

7.13.1 Company Profile

7.13.2 Production and Sales

8 Outlook for Vietnam’s Automobile Tire Industry 2023-2032

8.1 Analysis of Development Factors

8.1.1 Driving Forces and Opportunities

8.1.2 Threats and Challenges

8.2 Supply Forecast

8.3 Market Demand Forecast

8.4 Import and Export Forecast

LIST OF CHARTS

Chart Total Population of Vietnam (2008-2023)

Chart GDP Per Capita in Vietnam (2014-2023)

Chart Policies Related to the Automobile Tire Industry Issued by the Vietnamese Government

Chart Automobile Tire Production in Vietnam (2019-2023)

Chart Domestic Consumption of Automobile Tires in Vietnam (2019-2023)

Chart Import Volume and Value of Automobile Tires in Vietnam (2019-2023)

Chart Export Volume and Value of Automobile Tires from Vietnam (2019-2023)

Chart Forecast of Automobile Tire Production in Vietnam (2024-2033)

Chart Market Size Forecast for Automobile Tires in Vietnam (2024-2033)

Chart Import and Export Forecast for Automobile Tires in Vietnam (2024-2033)

The post Vietnam Automobile Tire Industry Research Report 2024-2033 first appeared on CRI Report.

Thailand Automobile Tire Industry Research Report 2024-2033

admin — Mon, 29 Apr 2024 19:03:59 +0000

Thailand Automobile Tire Industry

Thailand, located in Southeast Asia, covers an area of over 500,000 square kilometers. As of the end of 2023, Thailand has a population of approximately 70 million people. Manufacturing is a vital component of Thailand’s economy, with the total output of the manufacturing sector reaching US$ 133.87 billion in 2022, accounting for 27% of that year’s GDP. According to CRI, Thailand is the strongest manufacturing country among the ASEAN-10, particularly noted for its automotive industry chain, which includes automobile tire manufacturing, whole vehicle manufacturing, and electronics manufacturing, holding a significant position in Southeast Asia.

Thailand is a major global producer and exporter of rubber, with a total natural rubber production of 4.707 million tons in 2023, accounting for one-third of the world’s production, thus giving the Thai automobile tire industry a raw material advantage. As Thailand’s economy has developed, the number of vehicles in the country has also steadily increased. According to Thai government statistics, in 2022, Thailand had 19 million vehicles, with a vehicle ownership rate of 271 per thousand people. In Bangkok alone, the annual increase in passenger vehicle ownership exceeds 250,000 units. The development of Thailand’s automotive industry has spurred the growth of its automobile tire industry.

Thailand was the world’s second-largest tire exporter in 2022, accounting for 7.1% of the global market, with a slight decrease in export volume in 2023 but still maintaining a leading position. In 2022, the export value of automobile tires reached US$ 2.89 billion. From 2021 to 2022, the fastest-growing export markets for Thai automobile tires were Malaysia, Vietnam, and South Korea.

In Thailand’s automotive market, passenger cars, including light commercial vehicles like pickup trucks, hold a significant market share. Since 2022, the sales of electric vehicles have seen exponential growth, breaking through the 50,000-unit mark in 2023. CRI predicts that the future electric vehicle market will experience a minor explosion, which will also affect the development pattern of Thailand’s automobile tire industry. According to CRI, in 2023, Thai automobile tire production was approximately 58 million units, with passenger car tires accounting for about 90% of the total automobile tire production.

The Thai tire market is highly competitive. Major players include Michelin, Dunlop, Yokohama Tire, and Llit Co., Ltd. According to CRI, the Thai automobile tire market not only features local enterprises but also multinational tire giants. Chinese tire brands such as Linglong Tire and Chengshan Tire have also established a significant presence in Thailand by setting up factories. Due to its advantageous geographic location, favorable labor conditions, and government incentives, an increasing number of Chinese tire companies are choosing to set up factories in Thailand. For example, Xinyuan Rubber (Thailand) Company is a state-owned multinational group involved in natural rubber processing and sales; in 2022, the Haomai Group set up its second tire mold factory in Thailand.

CRI forecasts that from 2024 to 2033, Thai tire production will continue to rise, with automobile tire production projected to reach 96.31 million units by 2033, achieving an annual compound growth rate (CAGR) of 5.2%. In the coming years, the growth of Thailand’s automobile tire industry will be driven by domestic market demand as well as the continually increasing volume of tire exports.

Topics covered:

Overview of the Automobile tire Industry in Thailand
Economic and Policy Environment for Automobile tires in Thailand
How can foreign investors enter Thailand’s automotive tire industry?
Market Size of Automobile tires in Thailand, 2019-2023
Analysis of Major Automobile tire Manufacturers in Thailand
Key Drivers and Market Opportunities for the Automobile tire Industry in Thailand
What are the main drivers, challenges, and opportunities for the Thai automobile tire industry during the forecast period of 2024-2033?
What is the projected revenue for the Thai automobile tire market during the forecast period of 2024-2033?
What strategies have major market players adopted to increase their market share in this industry?
Which segment of the Thai automobile tire market is expected to dominate by 2033?
Market Forecast for the Thai Automobile tire Industry, 2024-2033
What are the major adverse factors facing the automobile tire industry in Thailand?

1 Overview of Thailand

1.1 Geography

1.2 Population Structure of Thailand

1.3 Economy of Thailand

1.4 Minimum Wage Standards in Thailand, 2014-2024

1.5 Impact of COVID-19 on the Thai Automobile tire Industry

2 Development Environment of the Thai Automobile tire Industry

2.1 Economic Environment

2.1.1 Development Status of the Manufacturing Sector in Thailand

2.1.2 Analysis of Automobile tire Usage in the Thai Market

2.2 Technological Environment

2.2.1 Main Types of Automobile tires Used in Thailand

2.2.2 Technological Level of the Thai Automobile tire Manufacturing Industry

2.3 Policy Environment for the Automobile tire Industry in Thailand

2.3.1 Major Government Policies in the Thai Automobile tire Industry

2.3.2 Foreign Investment Policies in the Thai Automobile tire Industry

2.4 Analysis of Operational Costs in the Thai Automobile tire Industry

2.4.1 Labor Costs

2.4.2 Electricity Costs

2.4.3 Factory Rent

2.4.4 Other Costs

3 Supply and Demand Status of the Thai Automobile tire Industry

3.1 Supply Status of the Thai Automobile tire Industry

3.1.1 Total Production of Automobile tires in Thailand

3.1.2 Production of Different Types of Automobile tires

3.2 Demand Status of the Thai Automobile tire Industry

3.2.1 Analysis of Automobile tire Consumption in Thailand

3.2.2 Demand Analysis for Different Types of Automobile tires in the Thai Market

3.2.3 Market Forecast for Automobile tires in Thailand

3.3 Price Analysis of the Thai Automobile tire Market

4 Import and Export Status of the Thai Automobile tire Industry, 2019-2023

4.1 Import Status of the Thai Automobile tire Industry

4.1.1 Volume and Value of Automobile tire Imports in Thailand

4.1.2 Main Sources of Automobile tire Imports in Thailand

4.2 Export Status of the Thai Automobile tire Industry

4.2.1 Volume and Value of Automobile tire Exports from Thailand

4.2.2 Main Destinations for Thai Automobile tire Exports

5 Market Competition Analysis in the Thai Automobile tire Industry

5.1 Entry Barriers in the Thai Automobile tire Industry

5.1.1 Brand Barriers

5.1.2 Quality Barriers

5.1.3 Capital Barriers

5.2 Competitive Structure of the Thai Automobile tire Industry

5.2.1 Bargaining Power of Automobile tire Suppliers

5.2.2 Bargaining Power of Consumers

5.2.3 Competition in the Thai Automobile tire Industry

5.2.4 Potential New Entrants in the Automobile tire Industry

5.2.5 Substitutes for Automobile tires

6 Analysis of Major Automobile tire Manufacturers in Thailand

6.1 Llit Co., Ltd.

6.1.1 Development History

6.1.2 Main Products

6.1.3 Operational Model

6.2 Sentury Tire

6.2.1 Development History

6.2.2 Main Products

6.2.3 Operational Model

6.3 Bridgestone

6.3.1 Development History

6.3.2 Main Products

6.3.3 Operational Model

6.4 Michelin

6.4.1 Development History

6.4.2 Main Products

6.4.3 Operational Model

6.5 Dunlop

6.5.1 Development History

6.5.2 Main Products

6.5.3 Operational Model

6.6 Cockpit Thailand

6.6.1 Development History

6.6.2 Main Products

6.6.3 Operational Model

6.7 Yokohama Tires

6.7.1 Development History

6.7.2 Main Products

6.7.3 Operational Model

6.8 Frico Tyre

6.8.1 Development History

6.8.2 Main Products

6.9 IRC Tire

6.9.1 Development History of IRC Tire

6.9.2 Main Products of IRC Tire

6.9.3 Operational Model of IRC Tire

6.10 Hankook

6.10.1 Development History of Hankook

6.10.2 Main Products of Hankook

6.10.3 Operational Model of Hankook

7 Outlook for the Thai Automobile tire Industry, 2024-2033

7.1 Analysis of Development Factors in the Thai Automobile tire Industry

7.1.1 Drivers and Development Opportunities of the Thai Automobile tire Industry

7.1.2 Threats and Challenges Facing the Thai Automobile tire Industry

7.2 Supply Forecast for the Thai Automobile tire Industry

7.3 Demand Forecast for the Thai Automobile tire Market

7.4 Import and Export Forecast for the Thai Automobile tire Industry

LIST OF CHARTS

Chart: Total Population of Thailand (2013-2023)

Chart: Per Capita GDP of Thailand (2013-2023)

Chart: Government Policies Related to the Automobile Tire Industry (2018-2024)

Chart: Total Production of Automobile Tires in Thailand (2019-2023)

Chart: Domestic Consumption of Automobile Tires in Thailand (2019-2023)

Chart: Import Volume of Automobile Tires in Thailand (2019-2023)

Chart: Import Value of Automobile Tires in Thailand (2019-2023)

Chart: Importing Countries and Values for Automobile Tires in Thailand (2019-2023)

Chart: Export Volume of Automobile Tires from Thailand (2019-2023)

Chart: Export Value of Automobile Tires from Thailand (2019-2023)

Chart: Major Export Destinations for Thai Automobile Tires (2019-2023)

Chart: Production Forecast for Automobile Tires in Thailand (2024-2033)

Chart: Forecast of Domestic Market Size for Automobile Tires in Thailand (2024-2033)

Chart: Import Forecast for Automobile Tires in Thailand (2024-2033)

Chart: Export Forecast for Automobile Tires in Thailand (2024-2033)

The post Thailand Automobile Tire Industry Research Report 2024-2033 first appeared on CRI Report.

Vietnam Corrugated Packaging Industry Research Report 2024-2033

admin — Mon, 29 Apr 2024 19:03:57 +0000

Vietnam Corrugated Packaging Industry

Vietnam, located on the eastern part of the Indochina Peninsula and bordered by China to the north and Laos and Cambodia to the west, with the South China Sea to the east and south, is ASEAN’s fourth-largest economy. It has a total land area of 329,556 square kilometers. As of the end of 2023, Vietnam’s population is approximately 103 million.

The packaging industry is one of the fastest-growing sectors in Vietnam, expected to grow at a high rate of 15%-20% in the future. As of the end of 2023, Vietnam has over 900 packaging companies and factories, with nearly 70% of them located in the southwestern regions such as Ho Chi Minh City, Binh Duong Province, and Dong Nai Province. According to CRI analysis, the paper product packaging sector is the largest segment within Vietnam’s packaging production industry, with corrugated packaging being one of its most crucial categories. In 2023, the market size for corrugated packaging in Vietnam was approximately US$1.02 billion, with a year-on-year growth of 3.5%.

The main downstream users of the corrugated packaging industry in Vietnam are the manufacturing and logistics sectors. Manufacturing is one of the three core economic pillars in Vietnam, with its manufacturing output growing approximately fivefold from 2010 to 2022 and surpassing US$100 billion in 2022, accounting for 25% of the GDP. CRI notes that Vietnam focuses on developing its export manufacturing sector through open trade policies and business-friendly environments, doubling its ratio of manufactured goods in exports from 43% to 86% from 2000 to 2022, making it the largest export manufacturing country in Southeast Asia.

Moreover, with Vietnam’s continued economic development and population growth, packaged food, bottled beverages, cosmetics, and personal care are expected to grow steadily during the forecast period. CRI analysis shows that rapid growth in Vietnam’s manufacturing exports and the expansion of domestic consumer markets have increased the demand for corrugated packaging.

In the logistics sector, the rise of e-commerce has spurred the market demand for corrugated packaging. In 2023, Vietnam’s B2C e-commerce revenue reached US$20.5 billion, up from US$8 billion in 2018, accounting for nearly 8% of the total national retail sales of goods and services. According to CRI predictions, over 60% of Vietnam’s population of more than 100 million will shop online by 2024. As internet users increase and infrastructure improves, online shopping will become a significant aspect of Vietnamese consumers’ lives. Corrugated packaging, with its low cost, environmental friendliness, recyclability, and durability, meets the e-commerce industry’s needs to reduce packaging and transportation costs. Moreover, corrugated packaging can also meet consumers’ specific needs through printing and design.

Currently, the market concentration of corrugated packaging in Vietnam is relatively low, with intense competition still present. According to CRI analysis, key players in the Vietnamese corrugated packaging market include Song Lam Trading & Packaging Production Co. Ltd, Khang Thanh Manufacturing Co., Ltd, and Binh Minh Pat Co. Ltd. Foreign or joint-venture companies like Oji Interpack Vietnam Co. Ltd, Tetra Pak International SA, and Bien Hoa Packaging Joint Stock Company (Rengo Co. Ltd) also have a presence in the Vietnamese market. In recent years, climate change and other ecological issues have become increasingly significant, leading many companies to explore environmentally friendly options at the raw material end of corrugated packaging.

According to CRI forecasts, with the rapid development of Vietnam’s manufacturing and logistics industries, the corrugated paper products industry is also expected to grow rapidly in the coming years. CRI predicts that the market size of the corrugated packaging industry in Vietnam will reach US$ 3.06 billion by 2033, with an annual compound growth rate (CAGR) of 11.6% from 2024 to 2033.

Topics covered:

Overview of the Corrugated Packaging Industry in Vietnam
Economic and Policy Environment for Corrugated Packaging in Vietnam
How foreign investors can enter Vietnam’s corrugated packaging market
Market Size of Corrugated Packaging in Vietnam, 2019-2023
Analysis of Major Corrugated Packaging Manufacturers in Vietnam
Key Drivers and Market Opportunities for the Corrugated Packaging Industry in Vietnam
What are the main drivers, challenges, and opportunities for the Vietnamese corrugated packaging industry during the forecast period of 2024-2033?
What is the projected revenue for the Vietnamese corrugated packaging market during the forecast period of 2024-2033?
What strategies have major market players adopted to increase their market share in this industry?
Which segment of the Vietnamese corrugated packaging market is expected to dominate by 2033?
Market Forecast for the Vietnamese Corrugated Packaging Industry, 2024-2033
What are the major adverse factors facing the corrugated packaging industry in Vietnam?

1.Overview of Vietnam

1.1. Geographical Overview

1.2. Population Structure

1.3. Economic Profile

1.4. Minimum Wage Standards (2014-2024)

1.5. Impact of COVID-19 on the Corrugated Packaging Industry

2.Development Environment of the Vietnamese Corrugated Packaging Industry

2.1. Economic Context

2.1.1. Current State of the Packaging Industry

2.1.2. Analysis of Corrugated Packaging Usage

2.2. Core Technologies in Corrugated Packaging

2.3. Regulatory Environment

2.3.1. Key Government Policies

2.3.2. Foreign Investment Policies

2.4. Analysis of Operating Costs

2.4.1. Labor Costs

2.4.2. Electricity Costs

2.4.3. Factory Rental Costs

2.4.4. Raw Materials Costs

2.5. Foreign Investment Status

3.Supply and Demand Status of the Vietnamese Corrugated Packaging Industry

3.1. Supply Analysis

3.1.1. Capacity Overview

3.1.2. Production Analysis

3.2. Demand Analysis

3.2.1. Consumption Volume and Value

3.2.2. Industry-specific Demand

3.2.2.1. Manufacturing Industry

3.2.2.2. Logistics Industry

3.3. Price Trends (2021-2024)

4.Import and Export Dynamics (2019-2023)

4.1. Import Analysis

4.1.1. Import Volume and Value

4.1.2. Main Import Sources

4.2. Export Analysis

4.2.1. Export Volume and Value

4.2.2. Key Export Destinations

5.Market Competition Analysis

5.1. Entry Barriers

5.1.1. Brand Recognition

5.1.2. Quality Standards

5.1.3. Capital Requirements

5.2. Competitive Dynamics

5.2.1. Supplier Bargaining Power

5.2.2. Consumer Bargaining Power

5.2.3. Industry Competition

5.2.4. New Entrants

5.2.5. Packaging Alternatives

6.Analysis of Major Corrugated Packaging Brands in Vietnam

6.1. Song Lam Trading & Packaging Production Co. Ltd

6.2. Oji Interpack Vietnam Co. Ltd

6.3. Khang Thanh Manufacturing Co., Ltd

6.4. Binh Minh Pat Co. Ltd

6.5. Tetra Pak International SA

6.6. Bien Hoa Packaging Joint Stock Company (Rengo Co. Ltd)

6.7. HC Packaging Vn Company Limited

6.8. Starprint Vietnam Jsc

6.9. New Asia Industries Co., Ltd. (SCG)

6.10. Hiep Luc Carton Box Private Enterprise

Each entry includes the company overview and operational status.

7.2024-2033 Outlook for the Vietnamese Corrugated Packaging Industry

7.1. Development Factors

7.1.1. Growth Drivers and Opportunities

7.1.2. Industry Threats and Challenges

7.2. Supply Forecast

7.3. Demand Forecast

7.4. Import and Export Projections

6.10. Thai Packaging Industry PCL

Each company’s development history, main products, and business strategies are detailed.

7. Future Outlook (2024-2033)

7.1. Development Factors

7.1.1. Growth Drivers and Opportunities

7.1.2. Industry Challenges

7.2. Supply Forecast

7.4. Import and Export Projections

LIST OF CHARTS

Chart: Total Population of Vietnam (2013-2023)

Chart: Per Capita GDP of Vietnam (2013-2023)

Chart: Government Policies Related to the Corrugated Packaging Industry (2018-2024)

Chart: Total Production of Corrugated Packaging in Vietnam (2019-2023)

Chart: Production of NPK Fertilizers in Vietnam (2019-2023)

Chart: Domestic Consumption of Corrugated Packaging in Vietnam (2019-2023)

Chart: Import Volume of Corrugated Packaging in Vietnam (2019-2023)

Chart: Import Value of Corrugated Packaging in Vietnam (2019-2023)

Chart: Importing Countries and Values for Corrugated Packaging in Vietnam (2019-2023)

Chart: Export Volume of Corrugated Packaging from Vietnam (2019-2023)

Chart: Export Value of Corrugated Packaging from Vietnam (2019-2023)

Chart: Major Export Destinations for Vietnamese Corrugated Packaging (2019-2023)

Chart: Production Forecast for Corrugated Packaging in Vietnam (2024-2033)

Chart: Forecast of Domestic Market Size for Corrugated Packaging in Vietnam (2024-2033)

Chart: Import Forecast for Corrugated Packaging in Vietnam (2024-2033)

Chart: Export Forecast for Corrugated Packaging in Vietnam (2024-2033)

The post Vietnam Corrugated Packaging Industry Research Report 2024-2033 first appeared on CRI Report.

Thailand Corrugated Packaging Industry Research Report 2024-2033

admin — Mon, 29 Apr 2024 19:03:56 +0000

Thailand Corrugated Packaging Industry

Thailand, situated in Southeast Asia, occupies a central position on the Indochina Peninsula. It borders the Gulf of Siam to the south and the Andaman Sea to the west. As of the end of 2023, Thailand’s population has surpassed 70 million. Manufacturing plays a crucial role in the Thai economy, contributing 30% to the GDP and surpassing other major sectors like services and trade. The growth of Thailand’s manufacturing industry has been a key driver for the development of its corrugated paper products industry.

The packaging industry is one of Thailand’s fastest-growing sectors. Propelled by the expansion of e-commerce and the transportation industries, the carton and packaging box industry has shown a consistent upward trend. According to CRI analysis, there are 1,190 carton and packaging box manufacturing companies in Thailand, representing 0.15% of all businesses. In 2023, the market size of Thailand’s corrugated packaging reached approximately US$ 1.231 billion, marking a year-on-year increase of 2.9%.

Historically, Thailand’s corrugated packaging industry has predominantly served the manufacturing sector, playing a vital role in the upstream and downstream supply chains. This industry is essential for the transportation and sale of various manufactured goods. Thailand has long been a leader in manufacturing within Southeast Asia, although its growth has decelerated since 2022. Major sectors of Thailand’s manufacturing industry include automobile assembly, electronics, plastics, textiles, food processing, toys, building materials, and petrochemicals, with annual manufacturing exports exceeding US$ 300 billion.

Thailand’s logistics industry has also seen robust growth in recent years, particularly with the rise of e-commerce, which has significantly boosted the express delivery sector and, in turn, the corrugated paper products industry. Over the past decade, the logistics sector’s contribution to Thailand’s GDP has steadily increased.

Following the COVID-19 outbreak, Thai consumers have increasingly turned to online shopping. In 2022, food, personal care, and electronic products dominated Thailand’s e-commerce market share. According to CRI analysis, this surge in e-commerce activity has also fueled the growth of the packaging industry. Thailand ranks as the second-largest e-commerce market in Southeast Asia, trailing only behind Indonesia. It hosts over 40 million consumers, with the Thai e-commerce GMV in 2023 expected to grow by more than 10%.

The Thai corrugated paper market is highly fragmented. According to CRI analysis, among the notable local manufacturers are Thai Containers Group (SCG Packaging), Sarnti Packaging Co. Ltd, and Balance Packing Co. Ltd. Additionally, international players like ASA Group Company Limited and Continental Packaging (Thailand) Co. Ltd have significant presence through foreign investments or joint ventures.

With continued economic development, particularly in the manufacturing and e-commerce sectors, the Thai corrugated paper products industry is poised for further growth. According to CRI predictions, the market size of Thailand’s corrugated packaging industry is expected to reach US$ 2.68 billion by 2033, growing at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2033.

Topics covered:

Overview of Thailand’s corrugated packaging industry
Economic environment and policy environment of corrugated packaging in Thailand
Thailand’s corrugated packaging market size from 2019 to 2023
Analysis of major Thai corrugated packaging manufacturers
The main driving forces and market opportunities of Thailand’s corrugated packaging industry
What are the key drivers, challenges, and opportunities for the Thailand corrugated packaging industry during the forecast period 2024-2033?
What is the expected revenue of the Thailand corrugated packaging market during the forecast period 2024-2033?
What strategies are adopted by the key players in the market to increase their market share in the industry?
Which segment of the Thailand corrugated packaging market is expected to dominate the market in 2033?
Thailand corrugated packaging market forecast from 2024 to 2033
What are the main headwinds facing Thailand’s corrugated packaging industry?

1.Overview of Thailand

1.1. Geographical Characteristics

1.2. Demographic Structure

1.3. Economic Overview

1.4. Evolution of Minimum Wage Standards (2014-2024)

1.5. Impact of COVID-19 on the Corrugated Packaging Industry

2.Development Environment of Thailand’s Corrugated Packaging Industry

2.1. Economic Environment

2.1.1. Current State of the Packaging Industry

2.1.2. Analysis of Corrugated Packaging Usage

2.2. Core Technology in Corrugated Packaging

2.3. Policy Framework

2.3.1. Government Policies Affecting the Industry

2.3.2. Foreign Investment Policies

2.4. Operational Cost Analysis

2.4.1. Labor Costs

2.4.2. Electricity Costs

2.4.3. Factory Rent

2.4.4. Raw Material Costs

2.5. Foreign Investment Trends

3.Supply and Demand Dynamics

3.1. Supply Overview

3.1.1. Production Capacity

3.1.2. Output Analysis

3.2. Demand Overview

3.2.1. Consumption Volume and Value

3.2.2. Industry-specific Demand

3.2.2.1. Manufacturing Sector

3.2.2.2. Logistics Sector

3.3. Price Trends (2021-2024)

4. Trade Dynamics (2019-2023)

4.1. Import Overview

4.1.1. Import Volume and Value

4.1.2. Major Import Sources

4.2. Export Overview

4.2.1. Export Volume and Value

4.2.2. Main Export Destinations

5.Market Competition Analysis

5.1. Entry Barriers

5.1.1. Brand Recognition

5.1.2. Quality Standards

5.1.3. Financial Requirements

5.2. Competitive Structure

5.2.1. Supplier Bargaining Power

5.2.2. Consumer Bargaining Power

5.2.3. Industry Competition

5.2.4. Potential Entrants

5.2.5. Alternative Packaging Options

6. Analysis of Major Corrugated Packaging Brands in Thailand

6.1. ASA Group Company Limited

6.2. Thai Containers Group (SCG Packaging)

6.3. Sarnti Packaging Co. Ltd

6.4. Continental Packaging (Thailand) Co. Ltd

6.5. Balance Packing Co. Ltd

6.6. BG Packaging Company Limited

6.7. Tri-Wall Ltd

6.8. C&H Paperbox (Thailand) Co. Ltd

6.9. Hong Thai Packaging Company

6.10. Thai Packaging Industry PCL

Each company’s development history, main products, and business strategies are detailed.

7. Future Outlook (2024-2033)

7.1. Development Factors

7.1.1. Growth Drivers and Opportunities

7.1.2. Industry Challenges

7.2. Supply Forecast

7.3. Market Demand Forecast

7.4. Import and Export Projections

LIST OF CHARTS

Chart: Total Population of Thailand (2013-2023)

Chart: Thailand’s GDP Per Capita (2013-2023)

Chart: Key Policies for the Corrugated Packaging Industry Issued by the Thai Government (2018-2024)

Chart: Total Production of Corrugated Packaging in Thailand (2019-2023)

Chart: Production of Nitrogen, Phosphorus, and Potassium Fertilizers in Thailand (2019-2023)

Chart: Domestic Consumption of Corrugated Paper Packaging in Thailand (2019-2023)

Chart: Import Volume of Corrugated Packaging in Thailand (2019-2023)

Chart: Import Value of Corrugated Packaging in Thailand (2019-2023)

Chart: Importing Countries and Import Amounts of Thailand’s Corrugated Packaging (2019-2023)

Chart: Export Volume of Corrugated Packaging in Thailand (2019-2023)

Chart: Export Value of Corrugated Packaging in Thailand (2019-2023)

Chart: Main Export Destinations for Thailand’s Corrugated Packaging (2019-2023)

Chart: Forecast of Corrugated Packaging Production in Thailand (2024-2033)

Chart: Forecast of Domestic Market Size for Corrugated Packaging in Thailand (2024-2033)

Chart: Forecast of Corrugated Packaging Imports to Thailand (2024-2033)

Chart: Forecast of Corrugated Packaging Exports from Thailand (2024-2033)

The post Thailand Corrugated Packaging Industry Research Report 2024-2033 first appeared on CRI Report.

Singapore Corrugated Packaging Industry Research Report 2024-2033

admin — Mon, 29 Apr 2024 19:03:55 +0000

Singapore Corrugated Packaging Industry

The Republic of Singapore, often referred to simply as Singapore, is a tropical city-state situated at the southern tip of the Malay Peninsula, at the entrance to the Strait of Malacca. It covers a land area of 728.6 square kilometers. As of the end of 2023, Singapore boasts a total population of approximately 5.92 million, including 4.15 million citizens and permanent residents. The ethnic composition is predominantly Chinese, constituting about 76% of the population, with Malays, Indians, and other groups making up the remainder.

Singapore stands as the sole developed nation in Southeast Asia, with a remarkable per capita GDP exceeding US$ 80,000 in 2023. Within the packaging sector, corrugated paper packaging plays a critical role in Singapore’s logistics and transportation industries, representing a significant subcategory. In 2023, the market size for corrugated paper packaging in Singapore reached around US$ 230 million. According to CRI, the demand for this packaging is largely driven by the manufacturing and logistics sectors. Notably, Singapore’s manufacturing industry, which is dominated by high-end sectors such as electronics, petrochemicals, biomedicine, and aerospace, contributes approximately 25% to the gross national product and is crucial to the nation’s economy.

Singapore’s manufacturing sector, heavily reliant on foreign trade, depends significantly on markets in the US, Japan, Europe, and ASEAN. In 2023, due to a sluggish global economy and diminishing demand, Singapore saw a slowdown in exports of semiconductor devices, electronic products, and pharmaceuticals. The total export value for the year decreased by 10.1% year-over-year to US$ 638.4 billion. However, after 13 consecutive months of contraction, Singapore’s non-oil exports began to grow again in December 2023, indicating a stabilizing and improving recovery trend.

Singapore is recognized as the most digital economy in Southeast Asia, supported by robust logistics infrastructure and high consumer spending levels. According to CRI, this environment provides an excellent foundation for the growth of the e-commerce market, which in turn boosts the corrugated paper products industry. Over 3.3 million Singaporeans shop on e-commerce platforms, with total annual spending around US$ 6.16 billion, equating to approximately US$ 1,869 per capita. The e-commerce market size was approximately US$ 5.84 billion in 2023, with expectations for rapid future growth.

In response to environmental concerns, the Singapore government introduced the “Zero Waste Master Blueprint” in 2019 and the “Singapore Green Development Blueprint 2030” in 2021, aiming to reduce per capita landfill waste by 20% by 2026 and an additional 30% by 2030. This heightened environmental awareness has also spurred the growth of the corrugated packaging industry, which benefits from being reusable and predominantly made from recycled paper.

Despite the gradual recovery trend in the manufacturing sector at the end of 2023, geopolitical risks continue to pose a threat, adding uncertainty to the industry’s outlook. However, the rise of online shopping, coupled with a governmental and consumer focus on environmental sustainability, suggests that the corrugated packaging industry in Singapore is poised for relatively rapid and stable growth. According to CRI, the corrugated packaging market in Singapore is expected to reach US$ 390 million by 2033, growing at a compound annual growth rate of 5.5% from 2024 to 2033.

Topics covered:

Overview of the corrugated packaging industry in Singapore
The economic environment and policy environment of corrugated packaging in Singapore
Singapore corrugated packaging market size from 2019 to 2023
Analysis of major corrugated packaging manufacturers in Singapore
The main driving forces and market opportunities of Singapore’s corrugated packaging industry
What are the key drivers, challenges and opportunities for the corrugated packaging industry in Singapore during the forecast period 2024-2033?
What is the expected revenue of the Singapore corrugated packaging market during the forecast period 2024-2033?
What strategies are adopted by the key players in the market to increase their market share in the industry?
Which segment of the Singapore corrugated packaging market is expected to dominate the market in 2033?
Singapore corrugated packaging market forecast from 2024 to 2033
What are the major headwinds facing the corrugated packaging industry in Singapore?

1. Overview of Singapore

1.1 Geographical conditions

1.2 Demographic structure of Singapore

1.3 Singapore’s economy

1.4 Singapore’s minimum wage standards from 2014 to 2024

1.5 Impact of COVID-19 on Singapore’s corrugated packaging industry

2. Development environment of corrugated packaging industry in Singapore

2.1 Economic environment

2.1.1 Status of Singapore Packaging Industry

2.1.2 Analysis of corrugated packaging usage in the Singapore market

2.2 Core technology of corrugated packaging

2.3 Policy environment of Singapore’s corrugated packaging industry

2.3.1 Main government policies for the corrugated packaging industry in Singapore

2.3.2 Foreign investment policies in Singapore’s corrugated packaging industry

2.4 Analysis of operating costs of Singapore’s corrugated packaging industry

2.4.1 Human resource costs

2.4.2 Electricity price

2.4.3 Factory rent

2.4.4 Raw materials

2.5 Investment status of foreign enterprises in Singapore’s corrugated packaging industry

3. Supply and demand status of corrugated packaging industry in Singapore

3.1 Supply status of Singapore’s corrugated packaging industry

3.1.1 Capacity Overview

3.1.2 Analysis of corrugated packaging production in Singapore

3.2 Demand status of corrugated packaging industry in Singapore

3.2.1 Analysis of corrugated packaging consumption volume and consumption amount in Singapore

3.2.2 Singapore corrugated packaging demand analysis, by industry

3.2.2.1 Manufacturing industry

3.2.2.2 Logistics industry

3.3 Price Trend of Corrugated Packaging Products in Singapore from 2021 to 2024

4. Import and export status of Singapore’s corrugated packaging industry from 2019 to 2023

4.1 Import status of Singapore’s corrugated packaging industry

4.1.1 Singapore’s corrugated packaging import volume and import value

4.1.2 Main import sources of corrugated paper packaging in Singapore

4.2 Export status of Singapore’s corrugated packaging industry

4.2.1 Singapore’s corrugated packaging export volume and export value

4.2.2 Main export destinations of corrugated packaging in Singapore

5. Market competition analysis of Singapore’s corrugated packaging industry

5.1 Barriers to entry in Singapore’s corrugated packaging industry

5.1.1 Brand barriers

5.1.2 Quality barriers

5.1.3 Capital barriers

5.2 Competitive Structure of Singapore’s Corrugated Packaging Industry

5.2.1 Bargaining power of corrugated packaging suppliers

5.2.2 Consumer bargaining power

5.2.3 Competition in Singapore’s corrugated packaging industry

5.2.4 Potential entrants to the corrugated packaging industry

5.2.5 Alternatives to corrugated packaging

6 Analysis of major corrugated packaging brands in Singapore

6.1 Far East Packaging Group

6.1.1 Company Profile of Far East Packaging Group

6.1.2 Far East Packaging Group ’s operating conditions

6.2 Interpak Industries Pte Ltd

6.2 .1 Company Profile of Interpak Industries Pte Ltd

6.2 .2 Operating status of Interpak Industries Pte Ltd

6.3 Trio Packaging Industrial Pte Ltd

6.3.1 Company Profile of Trio Packaging Industrial Pte Ltd

6.3.2 Operating status of Trio Packaging Industrial Pte Ltd

6.4 Cheng Heng Paper Products Co (Pte) Ltd

6.4.1 Company Profile of Cheng Heng Paper Products Co (Pte) Ltd

6.4.2 Operating status of Cheng Heng Paper Products Co (Pte) Ltd

6.5 Singapore Cartons Pte Ltd

6.5.1 Company Profile of Singapore Cartons Pte Ltd

6.5.2 Operating status of Singapore Cartons Pte Ltd

6.6 Tat Seng Packaging Group Ltd

6.6.1 Company introduction of Tat Seng Packaging Group Ltd

6.6.2 Operating status of Tat Seng Packaging Group Ltd

7 Outlook of Singapore’s corrugated packaging industry from 2024 to 2033

7.1 Analysis of development factors of Singapore’s corrugated packaging industry

7.1.1 Driving forces and development opportunities of Singapore’s corrugated packaging industry

7.1.2 Threats and challenges faced by the corrugated packaging industry in Singapore

7.2 Supply Forecast of Singapore’s Corrugated Packaging Industry

7.3 Singapore corrugated packaging market demand forecast

7.4 Singapore’s Corrugated Packaging Import and Export Forecast

Table of selected charts

Chart Singapore’s total population from 2013 to 2023

Chart Singapore’s GDP per capita from 2013 to 2023

Chart Relevant policies for the corrugated packaging industry issued by the Singapore government from 2018 to 2024

Chart Singapore’s total corrugated packaging production 2019-2023

Chart Singapore’s nitrogen, phosphorus and potassium fertilizer production 2019-2023

Chart Domestic consumption of corrugated paper packaging in Singapore from 2019 to 2023

Chart Singapore’s corrugated packaging import volume 2019-2023

Chart Singapore’s corrugated packaging import value 2019-2023

Chart Singapore’s corrugated packaging importing countries and import amounts 2019-2023

Chart Singapore’s corrugated packaging export volume 2019-2023

Chart Singapore’s corrugated packaging export value 2019-2023

Chart Singapore’s main export destinations for corrugated packaging 2019-2023

Chart Singapore corrugated packaging production forecast 2019-2023

Chart Singapore domestic corrugated packaging market size forecast 2019-2023

Chart Singapore’s corrugated packaging import forecast 2019-2023

Chart Singapore’s corrugated packaging export forecast 2019-2023

The post Singapore Corrugated Packaging Industry Research Report 2024-2033 first appeared on CRI Report.

Malaysia Corrugated Packaging Industry Research Report 2024-2033

admin — Mon, 29 Apr 2024 19:03:53 +0000

Malaysia Corrugated Packaging Industry

Malaysia, situated in Southeastern Asia near the equator, had a population of approximately 33.4 million people by the end of 2023. According to CRI analysis, Malaysia’s per capita GDP exceeds US$ 10,000, classifying it as a relatively developed nation within Southeast Asia. The manufacturing sector is a major component of Malaysia’s economy, contributing more than US$ 70 billion in 2023, which accounts for over 20% of the GDP.

The packaging production industry is among the fastest-growing industries in Malaysia. Propelled by advancements in manufacturing, as well as the burgeoning e-commerce and logistics sectors, the Malaysian corrugated packaging industry has maintained a consistent growth trajectory. According to CRI analysis, Malaysia hosts over 1,000 corrugated packaging manufacturers, and in 2023, the market size for Malaysian corrugated packaging was approximately US$ 597 million.

The production and sales of corrugated packaging are closely linked to the developments within the manufacturing and logistics industries. According to CRI analysis, Malaysia’s manufacturing sector continues to lead in Southeast Asia, showing a modest growth of 0.8% in 2023. Key expanding sectors within the industry include food, beverages and tobacco; and textiles, clothing, leather, and footwear. The evolution of these sectors has significantly spurred the growth of Malaysia’s corrugated packaging industry.

Malaysia’s strategic location and economic growth have also fueled the expansion of the logistics industry, with e-commerce playing a crucial role. Despite not being as large as Indonesia’s or Thailand’s, Malaysia’s e-commerce market size is comparable to that of Vietnam and the Philippines. The COVID-19 pandemic further accelerated online shopping habits among Malaysian consumers.

In 2023, with more than 30 million active internet users, the GMV of Malaysia’s e-commerce sector reached US$ 13 billion. The boom in e-commerce has not only bolstered the express delivery industry but has also significantly enhanced the corrugated packaging industry in Malaysia.

According to CRI analysis, the Malaysian corrugated packaging market is currently highly fragmented, with numerous local companies such as Mabuchi Package (M) Sdn Bhd, Biszon Flexipack Sdn Bhd, and Far East Corrugated Carton Industrial Sdn. Bhd. playing significant roles. Additionally, international firms like International Paper Packaging Malaysia Johor Sdn Bhd, Westrock Packaging Solutions (M) Sdn. Bhd., and Amcor PLC have established their presence through foreign investment or joint ventures.

Looking ahead, CRI predicts that with ongoing population growth and economic development, the Malaysian corrugated packaging industry will continue to expand. By 2033, the market size is projected to reach US$ 1.39 billion, growing at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2033.

Topics covered:

Overview of the corrugated packaging industry in Malaysia
Economic environment and policy environment of corrugated packaging in Malaysia
Malaysia’s corrugated packaging market size from 2019 to 2023
Analysis of major Malaysian corrugated packaging manufacturers
The main driving forces and market opportunities of Malaysia’s corrugated packaging industry
What are the key drivers, challenges and opportunities for the Malaysian corrugated packaging industry during the forecast period 2024-2033?
What is the expected revenue of the Malaysian corrugated packaging market during the forecast period 2024-2033?
What strategies are adopted by the key players in the market to increase their market share in the industry?
Which segment in the Malaysia corrugated packaging market is expected to dominate the market by 2033?
Malaysia corrugated paper packaging market forecast 2024-2033
What are the key headwinds facing the corrugated packaging industry in Malaysia?

1. Overview of Malaysia

1.1 Geographical conditions

1.2 Demographic structure of Malaysia

1.3 Malaysia’s economy

1.4 Malaysia’s minimum wage standards from 2014 to 2024

1.5 Impact of COVID-19 on Malaysia’s corrugated packaging industry

2. Development environment of corrugated packaging industry in Malaysia

2.1 Economic environment

2.1.1 Status of Malaysian Packaging Industry

2.1.2 Analysis of corrugated packaging usage in the Malaysian market

2.2 Core technology of corrugated packaging

2.3 Policy environment of Malaysia’s corrugated packaging industry

2.3.1 Main government policies for the corrugated packaging industry in Malaysia

2.3.2 Foreign investment policies in Malaysia’s corrugated packaging industry

2.4 Analysis of operating costs of Malaysia’s corrugated packaging industry

2.4.1 Human resource costs

2.4.2 Electricity price

2.4.3 Factory rent

2.4.4 Raw materials

2.5 Investment status of foreign enterprises in Malaysia’s corrugated packaging industry

3. Supply and demand status of corrugated packaging industry in Malaysia

3.1 Supply status of Malaysia’s corrugated packaging industry

3.1.1 Capacity Overview

3.1.2 Analysis of corrugated packaging production in Malaysia

3.2 Demand status of corrugated packaging industry in Malaysia

3.2.1 Analysis of corrugated packaging consumption volume and consumption amount in Malaysia

3.2.2 Malaysia corrugated packaging demand analysis, by industry

3.2.2.1 Manufacturing industry

3.2.2.2 Logistics industry

3.3 Price Trend of Corrugated Packaging Products in Malaysia from 2021 to 2024

4. Import and export status of Malaysia’s corrugated packaging industry from 2019 to 2023

4.1 Import status of Malaysia’s corrugated packaging industry

4.1.1 Malaysia’s corrugated packaging import volume and import value

4.1.2 Main import sources of corrugated paper packaging in Malaysia

4.2 Export status of Malaysia’s corrugated packaging industry

4.2.1 Malaysia’s corrugated packaging export volume and export value

4.2.2 Main export destinations of corrugated packaging in Malaysia

5. Market competition analysis of Malaysia’s corrugated packaging industry

5.1 Barriers to entry in Malaysia’s corrugated packaging industry

5.1.1 Brand barriers

5.1.2 Quality barriers

5.1.3 Capital barriers

5.2 Competitive Structure of Malaysia’s Corrugated Packaging Industry

5.2.1 Bargaining power of corrugated packaging suppliers

5.2.2 Consumer bargaining power

5.2.3 Competition in Malaysia’s corrugated packaging industry

5.2.4 Potential entrants to the corrugated packaging industry

5.2.5 Alternatives to corrugated packaging

6 Analysis of major corrugated packaging brands in Malaysia

6.1 International Paper Packaging Malaysia Johor Sdn Bhd

6.1.1 The development history of International Paper Packaging Malaysia Johor Sdn Bhd

6.1.2 International Paper Packaging Malaysia Johor Sdn Bhd’s main products

6.1.3 International Paper Packaging Malaysia Johor Sdn Bhd’s operating model

6.2 Westrock Packaging Solutions (M) Sdn. Bhd.

6.2.1 Development History of Westrock Packaging Solutions (M) Sdn.Bhd.

6.2.2 Main products of Westrock Packaging Solutions (M) Sdn. Bhd.

6.2.3 Westrock Packaging Solutions (M) Sdn. Bhd.’s operating model

6.3 Amcor PLC

6.3.1 The development history of Amcor PLC

6.3.2 Main products of Amcor PLC

6.3.3 Amcor PLC’s operating model

6.4 Mabuchi Package (M) Sdn Bhd

6.4.1 The development history of Mabuchi Package (M) Sdn Bhd

6.4.2 Main products of Mabuchi Package (M) Sdn Bhd

6.4.3 Mabuchi Package (M) Sdn Bhd’s operating model

6.5 Biszon Flexipack Sdn Bhd

6.5.1 The development history of Biszon Flexipack Sdn Bhd

6.5.2 Biszon Flexipack Sdn Bhd’s main products

6.5.3 Biszon Flexipack Sdn Bhd’s operating model

6.6 Box-Pak (Malaysia) Bhd

6.6.1 The development history of Box-Pak (Malaysia) Bhd

6.6.2 Box-Pak (Malaysia) Bhd ’s main products

6.6.3 Box-Pak (Malaysia) Bhd’s operating model

6.7 KYM Industries (M) Sdn Bhd

6.7.1 The development history of KYM Industries (M) Sdn Bhd

6.7.2 KYM Industries (M) Sdn Bhd’s main products

6.7.3 KYM Industries (M) Sdn Bhd’s operating model

6.8 Far East Corrugated Carton Industrial Sdn. Bhd.

6.8.1 The development history of Far East Corrugated Carton Industrial Sdn. Bhd.

6.8.2 Main products of Far East Corrugated Carton Industrial Sdn. Bhd.

6.8.3 Far East Corrugated Carton Industrial Sdn. Bhd.’s operating model

6.9 FinePac Industries Sdn Bhd

6.9.1 The development history of FinePac Industries Sdn Bhd

6.9.2 Main Products of FinePac Industries Sdn Bhd

6.9.3 FinePac Industries Sdn Bhd’s operating model

6.10 Megabox Industries Sdn Bhd

6.10.1 Development History of Megabox Industries Sdn Bhd

6.10.2 Main Products of Megabox Industries Sdn Bhd

6.10.3 Megabox Industries Sdn Bhd’s operating model

7 Outlook of Malaysia’s corrugated packaging industry from 2024 to 2033

7.1 Analysis of development factors of Malaysia’s corrugated packaging industry

7.1.1 Driving forces and development opportunities of Malaysia’s corrugated packaging industry

7.1.2 Threats and challenges faced by the corrugated packaging industry in Malaysia

7.2 Supply Forecast of Malaysia’s Corrugated Packaging Industry

7.3 Malaysian corrugated packaging market demand forecast

7.4 Malaysia’s Corrugated Packaging Import and Export Forecast

Table of selected charts

Chart illustrating the total population of Malaysia from 2013 to 2023.

Chart depicting Malaysia’s GDP per capita from 2013 to 2023.

Chart outlining relevant policies for the corrugated packaging industry issued by the Malaysian government from 2018 to 2024.

Chart displaying Malaysia’s total production of corrugated packaging from 2019 to 2023.

Chart presenting Malaysia’s production of nitrogen, phosphorus, and potassium fertilizers from 2019 to 2023.

Chart illustrating domestic consumption of corrugated paper packaging in Malaysia from 2019 to 2023.

Chart depicting Malaysia’s import volume of corrugated packaging from 2019 to 2023.

Chart showing the import value of corrugated packaging in Malaysia from 2019 to 2023.

Chart detailing the importing countries and import amounts of Malaysia’s corrugated packaging from 2019 to 2023.

Chart presenting Malaysia’s export volume of corrugated packaging from 2019 to 2023.

Chart outlining Malaysia’s export value of corrugated packaging from 2019 to 2023.

Chart displaying Malaysia’s main export destinations for corrugated packaging from 2019 to 2023.

Chart forecasting Malaysia’s corrugated packaging production from 2024 to 2033.

Chart predicting the size of the Malaysian domestic corrugated packaging market from 2024 to 2033.

Chart projecting Malaysia’s corrugated packaging import forecasts from 2024 to 2033.

Chart forecasting Malaysia’s corrugated packaging exports from 2024 to 2033.

The post Malaysia Corrugated Packaging Industry Research Report 2024-2033 first appeared on CRI Report.

Indonesia Corrugated Packaging Industry Research Report 2024-2033

admin — Mon, 29 Apr 2024 19:03:52 +0000

Indonesia Corrugated Packaging Industry

Indonesia, located between the Indian and Pacific Oceans, is a nation within both Southeast Asia and Oceania. As of 2023, it boasts a population of approximately 280 million, making it the largest economy in Southeast Asia. The manufacturing industry significantly contributes to this status, adding more than US$ 250 billion to the Indonesian economy and accounting for about 18% of its GDP.

The packaging industry is among the fastest-growing sectors in Indonesia. With the expansion of e-commerce and the transportation sector, the corrugated packaging industry has seen consistent growth. According to CRI, currently, there are over 170 corrugated cardboard production lines in Indonesia, predominantly situated in the Greater Jakarta area of West Java, producing more than 4.5 million tons annually. In 2023, the corrugated packaging market in Indonesia is valued at approximately US$ 1.39 billion.

Corrugated packaging production and sales in Indonesia are heavily reliant on the manufacturing and logistics sectors. In 2023, the manufacturing sector’s output grew by 4.07% year-on-year. According to CRI, key industries such as food and beverages, coal and refined petroleum, chemicals, transportation, and metals and electronics are significant contributors to Indonesia’s manufacturing GDP. Over the past decade, from 2014 to 2023, Indonesia’s manufacturing industry has averaged a growth rate of 3.5% per year.

Although Indonesia’s logistics industry has experienced rapid growth, it still faces significant inefficiencies, with logistics costs amounting to more than 14% of GDP in 2023, indicating substantial potential for improvement.

The surge in e-commerce has notably boosted the logistics sector. In 2022, Indonesia led ASEAN countries with an e-commerce gross merchandise value (GMV) of approximately US$ 51.9 billion, a figure that is projected to climb to US$ 62 billion in 2023. This boom in e-commerce has also spurred the growth of the packaging industry, particularly the corrugated paper products sector.

The market for corrugated paper products in Indonesia is currently fragmented, featuring both international companies and local suppliers. According to CRI , prominent local players include Asia Pulp & Paper (APP), Industri Pembungkus Internasional Pt, and PT. Fajar Surya Wisesa Tbk (Fajar Paper), alongside foreign entities like Rengo Co. Ltd, which operate as joint ventures or foreign investments. The Indonesian government’s 2019 initiative to ban single-use plastic products nationwide is expected to further boost the corrugated paper products industry.

With a growing population and expanding manufacturing and logistics industries, the corrugated packaging sector in Indonesia is poised for continued growth. According to CRI estimates, the market size for Indonesia’s corrugated packaging is expected to reach US$ 3.41 billion by 2033, with a compound annual growth rate (CAGR) of 9.4% from 2024 to 2033.

Topics covered:

Overview of Indonesia’s corrugated packaging industry
Economic environment and policy environment of corrugated packaging in Indonesia
Indonesian corrugated packaging market size from 2019 to 2023
Analysis of major Indonesian corrugated packaging manufacturers
The main driving forces and market opportunities of Indonesia’s corrugated packaging industry
What are the key drivers, challenges and opportunities for the Indonesian corrugated packaging industry during the forecast period 2024-2033?
What is the expected revenue of the Indonesian corrugated packaging market during the forecast period 2024-2033?
What strategies are adopted by the key players in the market to increase their market share in the industry?
Which segment of the Indonesian corrugated packaging market is expected to dominate the market in 2033?
Indonesia corrugated packaging market forecast from 2024 to 2033
What are the main headwinds facing the Indonesian corrugated packaging industry?

1. Overview of Indonesia

1.1 Geographical conditions

1.2 Indonesia’s demographic structure

1.3 Indonesia’s economy

1.4 Indonesia’s minimum wage standards from 2014 to 2024

1.5 Impact of COVID -19 on Indonesia’s corrugated packaging industry

2. Development environment of corrugated packaging industry in Indonesia

2.1 Economic environment

2.1.1 Status of Indonesian Packaging Industry

2.1.2 Analysis of corrugated packaging usage in the Indonesian market

2.2 Core technology of corrugated packaging

2.3 Policy environment of Indonesia’s corrugated packaging industry

2.3.1 Main government policies of Indonesia’s corrugated packaging industry

2.3.2 Foreign investment policies in Indonesia’s corrugated packaging industry

2.4 Analysis of operating costs of Indonesia’s corrugated packaging industry

2.4.1 Human resource costs

2.4.2 Electricity price

2.4.3 Factory rent

2.4.4 Raw materials

2.5 Investment status of foreign enterprises in Indonesia’s corrugated packaging industry

3. Supply and demand status of Indonesia’s corrugated packaging industry

3.1 Supply status of Indonesia’s corrugated packaging industry

3.1.1 Capacity Overview

3.1.2 Analysis of Indonesian Corrugated Packaging Production

3.2 Demand status of Indonesia’s corrugated packaging industry

3.2.1 Analysis of corrugated packaging consumption volume and consumption amount in Indonesia

3.2.2 Indonesia corrugated packaging demand analysis, by industry

3.2.2.1 Manufacturing industry

3.2.2.2 Logistics industry

3.3 Price Trend of Corrugated Packaging Products in Indonesia from 2021 to 2024

4. Import and export status of Indonesia’s corrugated packaging industry from 2019 to 2023

4.1 Import status of Indonesia’s corrugated packaging industry

4.1.1 Indonesia’s corrugated packaging import volume and import value

4.1.2 Main import sources of corrugated packaging in Indonesia

4.2 Export status of Indonesia’s corrugated packaging industry

4.2.1 Indonesia’s corrugated packaging export volume and export value

4.2.2 Main export destinations of corrugated packaging in Indonesia

5. Market competition analysis of Indonesia’s corrugated packaging industry

5.1 Barriers to entry in Indonesia’s corrugated packaging industry

5.1.1 Brand barriers

5.1.2 Quality barriers

5.1.3 Capital barriers

5.2 Competitive Structure of Indonesia’s Corrugated Packaging Industry

5.2.1 Bargaining power of corrugated packaging suppliers

5.2.2 Consumer bargaining power

5.2.3 Competition in Indonesia’s corrugated packaging industry

5.2.4 Potential entrants to the corrugated packaging industry

5.2.5 Alternatives to corrugated packaging

6 Analysis of major corrugated packaging brands in Indonesia

6.1 Industri Pembungkus Internasional Pt

6.1.1 Industri Pembungkus The development history of Internasional Pt

6.1.2 Industri Pembungkus Main products of Internasional Pt

6.1.3 Industri Pembungkus Operating model of Internasional Pt.

6.2 PT. Fajar Surya Wisesa ikB ( FajarPaper )

6.2.1 PT. Fajar Surya Wisesa The development history of Tbk ( FajarPaper )

6.2.2 PT. Fajar Surya Wisesa Tbk ( FajarPaper ) main products

6.2.3 PT. Fajar Surya Wisesa Tbk ( FajarPaper ) operating model

6.3 Rengo Co. Ltd

6.3.1 The development history of Rengo Co. Ltd

6.3.2 Main products of Rengo Co. Ltd

6.3.3 Rengo Co. Ltd’s operating model

6.4 APP (Asia Pulp & Paper)

6.4.1 The development history of APP (Asia Pulp & Paper)

6.4.2 Main products of APP (Asia Pulp & Paper)

6.4.3 Operation model of APP (Asia Pulp & Paper)

6.5 PT Pabrik Kertas Indonesia (PT Pakerin

6.5.1 PT Pabrik The development history of Kertas Indonesia (PT Pakerin

6.5.2 PT Pabrik Kertas Indonesia ( main products of PT Pakerin

6.5.3 PT Pabrik Kertas Indonesia (PT Pakerin ’s operating model

6.6 PT Kanepackage Indonesia

6.6.1 The development history of PT Kanepackage Indonesia

6.6.2 Main products of PT Kanepackage Indonesia

6.6.3 PT Kanepackage Indonesia’s operating model

6.7 PT Asia Carton Lestari

6.7.1 The development history of PT Asia Carton Lestari

6.7.2 Main products of PT Asia Carton Lestari

6.7.3 PT Asia Carton Lestari’s operating model

6.8 PT Pura Barutama

6.8.1 The development history of PT Pura Barutama

6.8.2 Main products of PT Pura Barutama

6. 8 .3 PT Pura Barutama’s operating model

6.9 Indopack Pratama (IP)

6. 9 .1 Indopack The development history of Pratama (IP)

6.9.2 Indopack Pratama (IP)’s main products

6.9.3 Indopack Pratama (IP) operating model

6. 10 Indo Packaging

6. 10.1 The development history of Indo Packaging

6.10.2 Indo Packaging’s Main Products

6.10.3 Indo Packaging’s operating model

7 Outlook for Indonesia’s corrugated packaging industry from 2024 to 2033

7.1 Analysis of development factors of Indonesia’s corrugated packaging industry

7.1.1 Driving forces and development opportunities of Indonesia’s corrugated packaging industry

7.1.2 Threats and challenges faced by Indonesia’s corrugated packaging industry

7.2 Supply Forecast of Indonesia’s Corrugated Packaging Industry

7.3 Indonesia corrugated packaging market demand forecast

7.4 Indonesia’s Corrugated Packaging Import and Export Forecast

LIST OF CHARTS

Chart of Indonesia’s total population from 2013 to 2023

Chart: Indonesia’s GDP per capita from 2013 to 2023

Chart showing relevant policies for the corrugated packaging industry issued by the Indonesian government from 2018 to 2024

Chart Indonesia’s total corrugated packaging production 2019-2023

Chart Indonesia’s nitrogen, phosphorus and potassium fertilizer production 2019-2023

Chart Domestic consumption of corrugated paper packaging in Indonesia 2019-2023

Chart Indonesian corrugated packaging import volume 2019-2023

Chart Indonesian corrugated packaging import value 2019-2023

Chart Indonesia’s corrugated packaging importing countries and import amounts 2019-2023

Chart Indonesia’s corrugated packaging export volume 2019-2023

Chart Indonesia’s corrugated packaging export value 2019-2023

Chart Indonesia’s main export destinations for corrugated packaging 2019-2023

Chart Indonesian corrugated packaging production forecast 2024-2033

Chart Indonesian domestic corrugated packaging market size forecast 2024-2033

Chart Indonesian corrugated packaging import forecast 2024-2033

Chart Indonesia’s corrugated packaging export forecast 2024-2033

The post Indonesia Corrugated Packaging Industry Research Report 2024-2033 first appeared on CRI Report.

China Polycarbonate Import Research Report 2024-2033

admin — Mon, 29 Apr 2024 19:03:50 +0000

China Polycarbonate Import

Polycarbonate (PC) is a colorless transparent, amorphous, thermoplastic polymer known for its clarity, heat resistance, impact resistance, and flame retardancy, maintaining good mechanical properties within normal operating temperatures. Polycarbonates are categorized into aliphatic, aromatic, and aliphatic-aromatic types; currently, aromatic polycarbonates, such as Bisphenol A polycarbonate, are the most widely used.

Polycarbonate is a high-performance thermoplastic extensively used across various industries due to its exceptional transparency, impact resistance, and ease of processing. According to CRI, it finds applications in consumer electronics, automotive components, medical devices, packaging materials, household goods, and optical industries. With the expansion of these industries and technological innovations, demand for polycarbonate is expected to increase.

In recent years, China’s polycarbonate production capacity has grown at an average annual rate of 30%. According to CRI, by the end of 2023, it is estimated that China’s annual polycarbonate production capacity has exceeded 4 million tons. Despite significant increases in domestic production capacity, the majority of domestically produced material is used for lower-end general-grade products such as sheets and films. High-end, high-value polycarbonates used in medical, electronics, automotive, and optical industries still require substantial imports.

In 2023, China imported approximately 1.04 million tons of polycarbonate, worth $2.463 billion. According to CRI, in 2023, China imported polycarbonate from over 60 countries and regions, with major sources including Taiwan, South Korea, Thailand, Japan, the United States, and Saudi Arabia, with Taiwan being the largest source.

In 2023, Mainland China imported 235,787 tons of polycarbonate from Taiwan, worth $563 million, accounting for 22.7% and 22.9% of the total imports for that year. According to the “Anti-Dumping Regulations of the People’s Republic of China,” on November 30, 2022, China’s Ministry of Commerce issued Announcement No. 35 of 2022, deciding to initiate an anti-dumping case investigation on imported polycarbonate originating from Taiwan.

On April 19, 2024, China’s Ministry of Commerce proposed to the State Council’s Tariff Policy Commission to impose anti-dumping duties, which, based on the Ministry’s recommendation, were decided to be implemented from April 20, 2024, for a period of five years. It is anticipated that imports and import values of polycarbonate from Taiwan will significantly decrease in the coming years.

Economic growth has driven higher consumption levels and increased demand for new products, directly promoting the need for high-performance materials. According to CRI, technological advancements have also fostered the development of new applications for materials beyond traditional areas, such as in sustainable energy and high-tech products.

For instance, in electric vehicles and renewable energy equipment, polycarbonate, due to its lightweight and durable properties, becomes an ideal choice for manufacturing components. It is expected that with the global emphasis on sustainable development and environmental awareness, developing and using environmentally friendly polycarbonate products will become a significant trend.

Therefore, it can be foreseen that in the coming years, both global and Chinese consumption of polycarbonate will continue to grow. According to CRI, with the ongoing increase in domestic production capacity and technological advancements, it is expected that the volume and value of polycarbonate imports into China will decline somewhat over the next few years. However, due to the short-term inability of domestic production to meet the demand for high-end polycarbonate products, the annual import volume of polycarbonate in China is expected to remain at several hundred thousand tons annually from 2024 to 2033.

Topics covered:

Analysis of China’s Polycarbonate Import Policies
Polycarbonate Imports in China from 2019-2023 and Main Sources
Main Drivers and Market Opportunities for Polycarbonate Imports in China
What are the main drivers, challenges, and opportunities for polycarbonate imports in China during the 2024-2033 forecast period?
Who are the key players in China’s polycarbonate import market, and what are their competitive advantages?
What is the expected revenue for the polycarbonate import market in China during the 2024-2033 forecast period?
Polycarbonate Imports from Japan to China from 2019-2024
Polycarbonate Imports from South Korea to China from 2019-2024
Polycarbonate Imports from Thailand to China from 2019-2024
Polycarbonate Imports from the United States to China from 2019-2024
Polycarbonate Imports from Saudi Arabia to China from 2019-2024
Monthly Status of Polycarbonate Imports in China from 2021-2024
What strategies have major market players adopted to increase their market share in this industry?
Which segment of China’s polycarbonate import market is expected to dominate by 2032?
What are the competitive advantages of the main participants in China’s polycarbonate import market?
What are the major limiting factors restraining the growth of polycarbonate imports in China?

1. China Polycarbonate Import Analysis 2019-2023

1.1. China polycarbonate import scale

1.1.1. china polycarbonate import volume

1.1.2. china polycarbonate import amount

1.1.3. China Polycarbonate Import Price

1.1.4 China Polycarbonate Apparent Consumption

1.1.5. China Polycarbonate Import Dependence

1.2. China Polycarbonate Main Import Sources

1.2.1 By Import Volume

1.2.2. by Import Value

2. 2019-2023 China Polycarbonate Main Import Sources Analysis

2.1. Taiwan

2.1.1 Import Volume Analysis

2.1.2 Import Value Analysis

2.1.3 Average Import Price Analysis

2.2 South Korea

2.2.1 Import Volume Analysis

2.2.2 Import Amount Analysis

2.2.3 Average Import Price Analysis

2.3. Thailand

2.3.1 Import Volume Analysis

2.3.2 Import Value Analysis

2.3.3 Average Import Price Analysis

2.4. United States

2.5. Japan

2.6. Saudi Arabia

3. China Polycarbonate Monthly Analysis 2021-2024

3.1 Monthly Analysis of Import Volume

3.2 Monthly Import Value Analysis

3.3 Monthly Average Import Price Forecast

4 Major Factors Affecting China’s Polycarbonate Imports Analysis

4.1 Policy factors

4.1.1 The current status of import policy

4.1.2 Trend forecast of import policy

4.2 Economic factors

4.2.1 Market price

4.2.2 Growth Trend of Polycarbonate Capacity in China

4.3 Technical Factors

5 China’s Polycarbonate Import Outlook, 2024-2033

5.1 China Polycarbonate Import Forecast 2024-2033

5.2 China’s Polycarbonate Import Value Forecast, 2024-2033

5.3 China’s Polycarbonate Average Import Price Forecast, 2024-2033

5.4 Forecast of Major Import Sources of Polycarbonate in China, 2024-2033

Table of selected charts

Chart China Polycarbonate Imports 2019-2023

Chart China Polycarbonate Import Value 2019-2023

Chart Average Price of Polycarbonate Imports in China 2019-2023

Chart China Polycarbonate Import Dependence 2019-2023

Chart Main Import Sources of Polycarbonate in China by Import Volume, 2019-2023

Chart Main Import Sources of Polycarbonate in China by Import Value, 2019-2023

Chart China’s Imports of Polycarbonate from Japan 2019-2023

Chart China Imports of Polycarbonate from Thailand 2019-2023

Chart Polycarbonate Quantity of Saudi Arabia Imported by China 2019-2023

Chart China Imports of South Korea Polycarbonate Quantity 2019-2023

Chart Forecast of Polycarbonate Imports from China 2024-2033

Chart Forecast of China’s Polycarbonate Import Amount, 2024-2033

The post China Polycarbonate Import Research Report 2024-2033 first appeared on CRI Report.

2024/5/1 – CRI Report

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