Research Report on Southeast Asia Plastics Industry 2023-2032

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Description

The development of the plastics industry in Southeast Asian countries varies widely. According to CRI’s analysis, Malaysia, Vietnam, Thailand, Indonesia and the Philippines are the major exporters of plastic products in Southeast Asia. The plastics industry is one of the fastest growing industries in Vietnam, with an average annual growth rate of about 17%, and Vietnam’s plastic products have been exported to more than one hundred and sixty countries and regions around the world. In contrast, Singapore, Laos and Brunei have almost no plastics industry in their own countries and rely on imports of plastic products.

Southeast Asia in this report includes 10 countries: Singapore, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Myanmar, Brunei, Laos and Cambodia. With a total population of over 600 million by the end of 2021, Southeast Asia has an overall economic growth rate higher than the global average and is one of the key drivers of future global economic growth.

According to CRI’s analysis, the economic levels of the 10 Southeast Asian countries vary greatly, with Singapore being the only developed country with a per capita GDP of about US$73,000 in 2021. While Myanmar and Cambodia will have a GDP per capita of less than US$2,000 in 2021. The population and minimum wage levels also vary greatly from country to country, with Brunei, which has the smallest population, having a total population of less than 500,000 people in 2021, and Indonesia, which has the largest population, having a population of about 275 million people in 2021. The most economically advanced countries in Southeast Asia do not have a legal minimum wage, with the actual minimum wage exceeding US$400 per month (for foreign maids), while the lowest minimum wage level in Myanmar is only about US$93 per month.

Overall, the overall market size of the plastics industry in Southeast Asian countries has shown an upward trend in recent years, especially in Vietnam, Malaysia, Thailand and other countries with sustained economic growth, promoting the market demand for plastics and their products.

According to CRI forecast, the plastics industry in Southeast Asia will maintain growth from 2022-2032. On the one hand, lower labor costs in Southeast Asian countries will prompt global plastics and its products producers to shift production capacity to these regions. On the other hand, rising market demand for plastics and their products in Southeast Asia will prompt global plastics and their products producers to increase their exports to these countries.

Topics covered:

  • Southeast Asia Plastics Industry Status and Major Sources in 2018-2022 
  • What is the Impact of COVID-19 on Southeast Asia Plastics Industry?
  • Which Companies are the Major Players in Southeast Asia Plastics Industry Market and What are their Competitive Benchmarks?
  • Key Drivers and Market Opportunities in Southeast Asia Plastics Industry   
  • What are the Key Drivers, Challenges, and Opportunities for Southeast Asia Plastics Industry during 2023-2032?
  • What is the Expected Revenue of Southeast Asia Plastics Industry during 2023-2032?
  • What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
  • What are the Competitive Advantages of the Major Players in Southeast Asia Plastics Industry Market?
  • Which Segment of Southeast Asia Plastics Industry is Expected to Dominate the Market in 2032?
  • What are the Major Adverse Factors Facing Southeast Asia Plastics Industry?

Table of Contents

1 Analysis of the Plastics Industry in Singapore 

1.1 Singapore’s Plastics Industry Development Environment 

1.1.1 Geography 

1.1.2 Population 

1.1.3 Economy 

1.1.4 Singapore Manufacturing Minimum Wage 

1.2 Singapore Plastics Industry Operation Status 2018-2022 

1.2.1 Singapore Plastics Industry Production Status 

1.2.2 Singapore Plastics Industry Sales Status 

1.2.3 Singapore Plastics Industry Import and Export Status 

1.3 Analysis of Major Processing and Trading Companies of Singapore Plastics and its Products

 

2 Analysis of Thailand Plastics Industry 

2.1 Development Environment of Thailand Plastics Industry 

2.1.1 Geography 

2.1.2 Population 

2.1.3 Economy

2.1.4 Thailand Manufacturing Minimum Wage 

2.2 Thailand Plastics Industry Operation Status 2018-2022

2.2.1 Thailand Plastics Industry Production Status 

2.2.2 Thailand Plastics Industry Sales Status 

2.2.3 Thailand Plastic Industry Import and Export Status

2.3 Major Processing and Trading Companies of Thailand Plastics and its Products

 

3 Analysis of the Philippine Plastics Industry 

3.1 Philippine Plastics Industry Development Environment 

3.1.1 Geography

3.1.2 Population 

3.1.3 Economy 

3.1.4 Philippines Manufacturing Minimum Wage

3.2 Philippine Plastics Industry Operation Status 2018-2022 

3.2.1 Production Status of Plastics Industry in the Philippines 

3.2.2 Philippines Plastics Industry Sales Status 

3.2.3 Philippine Plastics Industry Import and Export Status 

3.3 Major Processing and Trading Companies of Plastic and its Products in Philippines

 

4 Malaysia Plastics Industry Analysis 

4.1 Malaysia Plastics Industry Development Environment 

4.1.1 Geography 

4.1.2 Population 

4.1.3 Economy 

4.1.4 Malaysia Manufacturing Minimum Wage 

4.2 Malaysia Plastics Industry Operation Status 2018-2022

4.2.1 Malaysia Plastics Industry Production Status 

4.2.2 Malaysia Plastics Industry Sales Status 

4.2.3 Malaysia Plastics Industry Import and Export Status 

4.3 Major Processing and Trading Companies of Plastics and its Products in Malaysia

 

5 Indonesia Plastics Industry Analysis  

5.1 Development Environment of Indonesia Plastics Industry

5.1.1 Geography 

5.1.2 Population 

5.1.3 Economy 

5.1.4 Indonesia Manufacturing Minimum Wage 

5.2 Indonesia Plastics Industry Operation Status 2018-2022 

5.2.1 Indonesia Plastics Industry Production Status

5.2.2 Indonesia Plastics Industry Sales Status 

5.2.3 Indonesia Plastic Industry Import and Export Status 

5.3 Major Processing and Trading Companies of Indonesia Plastics and its Products

 

6 Vietnam Plastics Industry Analysis 

6.1 Development Environment of Vietnam’s plastics industry 

6.1.1 Geography 

6.1.2 Population 

6.1.3 Economy 

6.1.4 Minimum Wage of Vietnam Manufacturing Industry 

6.2 Vietnam Plastics Industry Operation Status 2018-2022 

6.2.1 Vietnam Plastics Industry Production Situation 

6.2.2 Vietnam Plastics Industry Sales Status 

6.2.3 Import and Export Status of Vietnam Plastics Industry 

6.3 Major Processing and Trading Enterprises of Vietnam Plastics and its Products

 

7 Analysis of Myanmar Plastics Industry 

7.1 Development Environment of Myanmar Plastics Industry 

7.1.1 Geography 

7.1.2 Population 

7.1.3 Economy 

7.1.4 Myanmar Manufacturing Minimum Wage 

7.2 Myanmar Plastics Industry Operation Status 2018-2022 

7.2.1 Myanmar Plastics Industry Production Status 

7.2.2 Myanmar Plastics Industry Sales Status

7.2.3 Import and Export Status of Myanmar Plastics Industry

7.3 Major Processing and Trading Enterprises of Plastics and its Products in Myanmar

 

8 Brunei Plastics Industry Analysis

8.1 Brunei Plastics Industry Development Environment

8.1.1 Geography 

8.1.2 Population

8.1.3 Economy 

8.1.4 Brunei Manufacturing Minimum Wage 

8.2 Brunei Plastics Industry Operation 2018-2022 

8.2.1 Brunei Plastics Industry Production Status 

8.2.2 Brunei Plastics Industry Sales Status 

8.2.3 Import and Export Status of Brunei Plastics Industry 

8.3 Major Processing and Trading Enterprises of Brunei Plastics and its Products

 

9 Analysis of the Plastics Industry in Laos 

9.1 Development Environment of Laos Plastics Industry 

9.1.1 Geography 

9.1.2 Population 

9.1.3 Economy 

9.1.4 Minimum Wage of Manufacturing Industry in Laos 

9.2 Operation of the Plastics Industry in Laos 2018-2022 

9.2.1 Production Status of the Plastics Industry in Laos 

9.2.2 Laos Plastics Industry Sales Status 

9.2.3 Import and Export Status of Laos Plastics Industry 

9.3 Major Processing and Trading Enterprises of Laos Plastics and its Products

 

10 Cambodia Plastics Industry Analysis 

10.1 Development Environment of Cambodia Plastics Industry 

10.1.1 Geography 

10.1.2 Population 

10.1.3 Economy 

10.1.4 Minimum Wage of Manufacturing Industry in Cambodia 

10.2 Cambodia Plastics Industry Operation Status 2018-2022 

10.2.1 Cambodia Plastics Industry Production Status

10.2.2 Cambodia Plastics Industry Sales Status 

10.2.3 Cambodia Plastics Industry Import and Export Status 

10.3 Major Processing and Trading Enterprises of Plastic and its Products in Cambodia

 

11 Southeast Asia Plastics Industry Outlook 2023-2032 

11.1 Southeast Asia Plastics Industry Development Influencing Factors Analysis 

11.1.1 Favorable Factors 

11.1.2 Unfavorable Factors 

11.2 Southeast Asia Plastics Industry Supply Forecast 2023-2032 

11.3 Southeast Asia Plastics Market Demand Forecast 2023-2032 

11.4 Impact of COVID -19 Epidemic on Plastics Industry

Additional information

Publisher

Geography Covered

Date Published

Pages

Charts

Format

Base Year

2023

Base Market Size

5.4

Currency

million sets(China's valve export volume)

Forecast Year

2032

Market Size Forecast

11.1

CAGR

8.3%

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