Product Code: ETC4508307 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The packaging resins market in Malaysia is experiencing significant growth as the packaging industry evolves to meet changing consumer preferences and sustainability requirements. Packaging resins, which include materials like polyethylene and polypropylene, play a crucial role in the production of various types of packaging, from food containers to industrial packaging. The market is being driven by a shift toward eco-friendly packaging solutions, the need for extended shelf life of products, and the growth of e-commerce. In Malaysia, businesses are increasingly adopting packaging resins that offer recyclability, reduced material usage, and improved product protection. The market for packaging resins is poised for further expansion as innovative solutions and sustainable materials become key priorities in the packaging industry.
The Malaysia packaging resins market is primarily driven by the burgeoning demand in various industries such as food and beverage, healthcare, and consumer goods. The rapid urbanization and changing lifestyles have led to an increased preference for packaged products, boosting the demand for packaging materials, including resins. Additionally, the growing e-commerce sector has significantly contributed to the surge in demand for packaging materials, as online retailers prioritize secure and durable packaging. Furthermore, advancements in packaging technologies and the adoption of sustainable practices are driving the market towards eco-friendly resins, which are gaining popularity due to their reduced environmental impact.
The Malaysia packaging resins market faces ongoing challenges. Consumer preferences for sustainable and recyclable packaging materials are driving the need for innovation, which can be resource-intensive. Meeting quality and safety standards is imperative in the packaging industry, and maintaining cost-effectiveness in production while achieving these standards remains a constant struggle. Competition and the need for customization further add complexity to this market.
The Malaysia packaging resins market experienced a significant impact due to the COVID-19 pandemic. The restrictions imposed to contain the virus led to disruptions in the supply chain and reduced demand from various end-user industries. With lockdowns and reduced economic activities, the consumption of packaging materials saw a temporary decline. However, as the country gradually recovered, there was a resurgence in demand, driven by the e-commerce sector and the need for safe and hygienic packaging solutions. Manufacturers in the packaging resins market adapted to the new normal by implementing safety measures and exploring innovative solutions to cater to evolving consumer preferences.
Leading players in the Malaysia packaging resins market are ExxonMobil Corporation, SABIC, Dow Chemical Company, Borealis AG, and Braskem. These companies provide a wide range of packaging resins for the food, beverage, and pharmaceutical industries.
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 Malaysia Packaging Resins Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Packaging Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Packaging Resins Market - Industry Life Cycle |
3.4 Malaysia Packaging Resins Market - Porter's Five Forces |
3.5 Malaysia Packaging Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Packaging Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia Packaging Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Packaging Resins Market Trends |
6 Malaysia Packaging Resins Market, By Types |
6.1 Malaysia Packaging Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Packaging Resins Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Packaging Resins Market Revenues & Volume, By LDPE, 2021-2031F |
6.1.4 Malaysia Packaging Resins Market Revenues & Volume, By PP, 2021-2031F |
6.1.5 Malaysia Packaging Resins Market Revenues & Volume, By HDPE, 2021-2031F |
6.1.6 Malaysia Packaging Resins Market Revenues & Volume, By PET, 2021-2031F |
6.1.7 Malaysia Packaging Resins Market Revenues & Volume, By PS, 2021-2031F |
6.1.8 Malaysia Packaging Resins Market Revenues & Volume, By PVC, 2021-2031F |
6.2 Malaysia Packaging Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Packaging Resins Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.3 Malaysia Packaging Resins Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.4 Malaysia Packaging Resins Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.5 Malaysia Packaging Resins Market Revenues & Volume, By Industrial, 2021-2031F |
7 Malaysia Packaging Resins Market Import-Export Trade Statistics |
7.1 Malaysia Packaging Resins Market Export to Major Countries |
7.2 Malaysia Packaging Resins Market Imports from Major Countries |
8 Malaysia Packaging Resins Market Key Performance Indicators |
9 Malaysia Packaging Resins Market - Opportunity Assessment |
9.1 Malaysia Packaging Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Packaging Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia Packaging Resins Market - Competitive Landscape |
10.1 Malaysia Packaging Resins Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Packaging Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |