Product Code: ETC105527 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia is one of the largest producers and consumers of crown closures in Southeast Asia. The country produces a wide range of crown closures to meet the needs and demands of its domestic market as well as for international export markets. Crown closures are mainly used to package beverages such as carbonated drinks, beer, juices, wines, spirits etc. In recent years there has been an increasing demand from food & beverage industries for high quality packaging solutions which have stimulated the growth in production and exports of these closures from Indonesia.
Over the past few years there has been a significant increase in innovation and technological advancements within this sector that have resulted in improving product quality while reducing manufacturing costs which has allowed more companies to operate profitably on a larger scale in Indonesia packaging industry. This includes innovations such as magnetic induction welding (MIW) technology which allows manufacturers to produce higher-grade seals with less manual process work at lower cost compared to traditional methods like crimping or heat sealing techniques. Additionally, growing awareness among local customers about environmental protection policies related to plastic packaging materials is encouraging them towards using recyclable material such as aluminum cans with crown closure lids instead where possible resulting further boosting demand for these products domestically.
One key driver driving growth for Indonesia crown closure market is rapid urbanization across many cities throughout the country which is creating large opportunities within various sectors including food & beverage industry due increased disposable incomes leading people eat outside their homes more often than before thus stimulating need for convenient consumer packaging solutions that can be used by eateries or store owners alike when selling drinks or other liquid items packaged into cans featuring crown lids. Moreover, rising investments from international players into local infrastructure projects coupled with government initiatives promoting foreign direct investment (FDI) also supports further development within this space enabling greater accesses resources needed by manufactures operating here allowing them expand operations quicker ad efficiently compared prior times period allowing them introducing modern technologies and machines helping achieve better economies scales mass production activities hence cheaper unit prices goods being offered buyers both locally abroad opening up wider markets potential sales revenues.
The COVID-19 pandemic has had a major impact on the Indonesia crown closure market. The main impacts include reduced demand for closures due to decreased economic activities, disrupted supply chains, and higher costs of raw materials. Additionally, social distancing measures implemented by the government have caused a shift in consumer behavior towards online shopping which is likely to cause further disruption in the Indonesia crown closure market.
One of the biggest challenges facing this industry is rising competition from imports as many companies are looking for cheaper suppliers outside Indonesia. This has put pressure on local manufacturers as they are unable to compete with overseas prices. Additionally, there is a lack of innovation in this sector which has hindered growth opportunities for producers. Furthermore, lower purchasing power among consumers due to restrictions imposed during the pandemic will limit revenues generated by domestic firms operating within the Indonesia crown closure market over the next few years.
Some of the key players operating in the Indonesia crown closure market include PT Lippo Multi Manufaktur (LMM), Artha Graha Internusa Tbk., PT Daya Adicipta Mustika (DAM), and Trimitra Indah Sari Packaging Industries (TISPI). These firms specialize in producing different types of plastic closures such as caps and lids used for food containers, bottles and other packaging solutions.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Crown Closure Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Crown Closure Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Crown Closure Market - Industry Life Cycle |
3.4 Indonesia Crown Closure Market - Porter's Five Forces |
3.5 Indonesia Crown Closure Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Crown Closure Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Indonesia Crown Closure Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Crown Closure Market Trends |
6 Indonesia Crown Closure Market, By Types |
6.1 Indonesia Crown Closure Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Crown Closure Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Indonesia Crown Closure Market Revenues & Volume, By Metal, 2018 - 2031F |
6.1.4 Indonesia Crown Closure Market Revenues & Volume, By Plastic, 2018 - 2031F |
6.2 Indonesia Crown Closure Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Crown Closure Market Revenues & Volume, By Beer, 2018 - 2031F |
6.2.3 Indonesia Crown Closure Market Revenues & Volume, By Carbonated Soft Drinks, 2018 - 2031F |
6.2.4 Indonesia Crown Closure Market Revenues & Volume, By Others, 2018 - 2031F |
7 Indonesia Crown Closure Market Import-Export Trade Statistics |
7.1 Indonesia Crown Closure Market Export to Major Countries |
7.2 Indonesia Crown Closure Market Imports from Major Countries |
8 Indonesia Crown Closure Market Key Performance Indicators |
9 Indonesia Crown Closure Market - Opportunity Assessment |
9.1 Indonesia Crown Closure Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Crown Closure Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Indonesia Crown Closure Market - Competitive Landscape |
10.1 Indonesia Crown Closure Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Crown Closure Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |