Product Code: ETC307948 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Indonesia Thermoformed Plastics Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 10.79% in 2025, growth builds up to 13.41% by 2029.
The Thermoformed Plastics market in Indonesia is projected to grow at a high growth rate of 12.17% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Indonesia thermoformed plastics market was valued at USD 1 billion in 2017 and it is projected to grow at a CAGR of 7.1% during the forecast driven mainly by increasing domestic consumption due higher urbanization rates and rapid industrialization; this will be bolstered by rising disposable incomes among middle class households that continue driving growth across various end use industries including packaging & automotive among others. Furthermore, stringent regulations on single-use plastic products have spurred manufacturers towards using ecofriendly/biodegradable materials thereby propelling demand for thermoformed plastics across various sectors such as food & beverage packaging applications etc., especially those made from PLA or PETG material which offer superior mechanical strength while being biodegradable over time.
The thermoformed plastics market in Indonesia is projected to see growth due to its widespread applications in packaging, automotive, electronics, and consumer goods industries. Thermoforming offers cost-effective solutions for creating complex shapes from plastic sheets. As industries look for lightweight and customizable packaging and components, the demand for thermoformed plastics is likely to increase. Recycling and sustainable practices within the industry could also influence market trends.
The Thermoformed Plastics Market grapples with waste management concerns stemming from the disposal of single-use plastic products. To overcome this challenge, the industry should invest in research to develop sustainable alternatives and collaborate with the government to implement effective recycling and waste reduction initiatives.
The pandemic caused disruptions in supply chains, reduced manufacturing activities, and changed consumer preferences. The market may have experienced a decline due to these factors. As the situation stabilizes and industries adapt to the new normal, the market for thermoformed plastics could resume its growth trajectory.
Companies like Amcor plc, Sonoco Products Company, and Placon Corporation could be significant players in the thermoformed plastics market. These companies are known for providing packaging and plastics solutions through thermoforming processes.
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 Thermoformed Plastics Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Thermoformed Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Thermoformed Plastics Market - Industry Life Cycle |
3.4 Indonesia Thermoformed Plastics Market - Porter's Five Forces |
3.5 Indonesia Thermoformed Plastics Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Indonesia Thermoformed Plastics Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Indonesia Thermoformed Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Thermoformed Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and sustainable packaging solutions |
4.2.2 Growing food and beverage industry in Indonesia |
4.2.3 Rising adoption of thermoformed plastics in electronics and consumer goods packaging |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices |
4.3.2 Stringent regulations regarding plastic usage and waste management in Indonesia |
5 Indonesia Thermoformed Plastics Market Trends |
6 Indonesia Thermoformed Plastics Market, By Types |
6.1 Indonesia Thermoformed Plastics Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Thermoformed Plastics Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Indonesia Thermoformed Plastics Market Revenues & Volume, By Polymethyl Methacrylate (PMMA), 2021-2031F |
6.1.4 Indonesia Thermoformed Plastics Market Revenues & Volume, By Bio-degradable polymers, 2021-2031F |
6.1.5 Indonesia Thermoformed Plastics Market Revenues & Volume, By Polyethylene (PE), 2021-2031F |
6.1.6 Indonesia Thermoformed Plastics Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021-2031F |
6.1.7 Indonesia Thermoformed Plastics Market Revenues & Volume, By Poly Vinyl Chloride (PVC), 2021-2031F |
6.1.8 Indonesia Thermoformed Plastics Market Revenues & Volume, By High Impact Polystyrene (HIPS), 2021-2031F |
6.1.9 Indonesia Thermoformed Plastics Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.10 Indonesia Thermoformed Plastics Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.2 Indonesia Thermoformed Plastics Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Thermoformed Plastics Market Revenues & Volume, By Plug assist forming, 2021-2031F |
6.2.3 Indonesia Thermoformed Plastics Market Revenues & Volume, By Thick gauge thermoforming, 2021-2031F |
6.2.4 Indonesia Thermoformed Plastics Market Revenues & Volume, By Thin gauge thermoforming, 2021-2031F |
6.2.5 Indonesia Thermoformed Plastics Market Revenues & Volume, By Vacuum snapback, 2021-2031F |
6.3 Indonesia Thermoformed Plastics Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Thermoformed Plastics Market Revenues & Volume, By Healthcare & medical, 2021-2031F |
6.3.3 Indonesia Thermoformed Plastics Market Revenues & Volume, By Food packaging, 2021-2031F |
6.3.4 Indonesia Thermoformed Plastics Market Revenues & Volume, By Electrical & electronics, 2021-2031F |
6.3.5 Indonesia Thermoformed Plastics Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.6 Indonesia Thermoformed Plastics Market Revenues & Volume, By Construction, 2021-2031F |
6.3.7 Indonesia Thermoformed Plastics Market Revenues & Volume, By Consumer goods & appliances, 2021-2031F |
7 Indonesia Thermoformed Plastics Market Import-Export Trade Statistics |
7.1 Indonesia Thermoformed Plastics Market Export to Major Countries |
7.2 Indonesia Thermoformed Plastics Market Imports from Major Countries |
8 Indonesia Thermoformed Plastics Market Key Performance Indicators |
8.1 Percentage of thermoformed plastics used in packaging compared to traditional materials |
8.2 Adoption rate of thermoformed plastics in different industries in Indonesia |
8.3 Investment in research and development for sustainable thermoformed plastic solutions |
9 Indonesia Thermoformed Plastics Market - Opportunity Assessment |
9.1 Indonesia Thermoformed Plastics Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Indonesia Thermoformed Plastics Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Indonesia Thermoformed Plastics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Thermoformed Plastics Market - Competitive Landscape |
10.1 Indonesia Thermoformed Plastics Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Thermoformed Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |