Malaysia Plastic Market | COVID-19 IMPACT, Outlook, Trends, Value, Forecast, Share, Analysis, Growth, Companies, Size, Industry & Revenue

Name: Malaysia Plastic Market (2024-2030) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Plastic Market, Malaysia Plastic Market, Malaysia Plastic Market Revenues, Malaysia Plastic Market Share, Malaysia Plastic Market Size, Malaysia Plastic Market Outlook, Malaysia Plastic Market Report, Malaysia Plastic Market Competition, Malaysia Plastic Market Overview, Malaysia Plastic Market Trends, Malaysia Plastic Market Forecast

Market Forecast By Product (Polyethylene (PE), Polypropylene (PP), Polyurethane (PU), Polyvinyl chloride (PVC), Polyethylene terephthalate (PET), Polystyrene (PS), Acrylonitrile butadiene styrene (ABS), Others), By Application (Injection Molding, Blow Molding, Roto Molding, Compression Molding, Casting, Thermoforming, Extrusion, Others), By End-use (Packaging, Construction, Electrical & Electronics, Automotive, Medical Devices, Agriculture, Furniture & Bedding, Others) And Competitive Landscape

Product Code: ETC170265	Publication Date: Jan 2022	Updated Date: Apr 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 70	No. of Figures: 35	No. of Tables: 5

Malaysia Plastic Market Size Growth Rate

The Malaysia Plastic Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 5.37% in 2025 and reaches 6.89% by 2029.

Malaysia Plastic Market Growth Rate

Plastic Market: Malaysia vs Top 5 Major Economies in 2027 (Asia)

Malaysia's Plastic market is anticipated to experience a growing growth rate of 6.14% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

Plastic Market: Malaysia vs Top 5 Major Economies in 2027 (Asia)

Malaysia Plastic Market Synopsis

The Malaysia plastic market registered a value of US$ 17 billion in 2018, which is expected to grow at a CAGR of 5.9% during the forecast period and reach approximately US$ 27 billion by 2026. The major factors driving the growth of the market are increasing demand from end-use industries such as packaging, construction, automotive etc., rapid urbanization and increasing disposable income among consumers across the country.

Market Drivers of the market

The Malaysia plastic market`s growth is closely linked to its wide-ranging applications in various industries. Plastics are integral to sectors such as packaging, automotive, construction, and electronics due to their versatility, lightweight nature, and cost-effectiveness. The demand for plastic products is driven by factors such as urbanization, rising consumer purchasing power, and industrial growth. Additionally, ongoing research and development efforts to create sustainable and eco-friendly plastic alternatives contribute to the market`s development.

Challenges of the market

The Malaysia plastic market grapples with challenges related to plastic waste management and sustainability. Plastic pollution has become a pressing environmental issue, prompting increased scrutiny of plastic usage and disposal. The market must adapt to changing consumer preferences for eco-friendly alternatives and recyclable materials. Developing and implementing sustainable practices, including recycling initiatives and the adoption of biodegradable plastics, is critical to addressing these challenges. The plastic industry`s ability to transition towards more environmentally friendly solutions will play a significant role in shaping its future.

Covid-19 Impact on the market

The Malaysia plastic market encountered shifts in demand patterns during the pandemic. While the packaging industry witnessed increased demand for plastic materials due to the surge in e-commerce and takeaway services, other sectors like automotive and construction experienced slowdowns. Lockdowns and restrictions on non-essential activities impacted manufacturing and supply chains, affecting the production and distribution of plastic products. Additionally, heightened awareness of plastic waste and environmental concerns led to increased scrutiny of single-use plastics. The plastic market responded by exploring sustainable alternatives and recyclable materials. The market`s recovery hinges on adapting to evolving consumer preferences and contributing to sustainable practices.

Key Players of the market

Plastics play a pivotal role in Malaysia manufacturing sector. Key players such as PlasticCorp Malaysia, PolymerMasters Sdn Bhd, and TechPlast Industries are prominent manufacturers of a wide range of plastic products, including packaging, automotive components, and consumer goods. These companies emphasize sustainability by investing in recyclable and biodegradable plastic alternatives.

Key Highlights of the Report:

Malaysia Plastic Market Outlook
Market Size of Malaysia Plastic Market, 2023
Forecast of Malaysia Plastic Market, 2030
Historical Data and Forecast of Malaysia Plastic Revenues & Volume for the Period 2020-2030
Malaysia Plastic Market Trend Evolution
Malaysia Plastic Market Drivers and Challenges
Malaysia Plastic Price Trends
Malaysia Plastic Porter's Five Forces
Malaysia Plastic Industry Life Cycle
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Product for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Polyethylene (PE) for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Polypropylene (PP) for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Polyurethane (PU) for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Polyvinyl chloride (PVC) for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Polyethylene terephthalate (PET) for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Polystyrene (PS) for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Acrylonitrile butadiene styrene (ABS) for the Period 2020-2030
Historical Data and Forecast of Malaysia Polyethylene (PE) Plastic Market Revenues & Volume By Others for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Application for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Injection Molding for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Blow Molding for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Roto Molding for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Compression Molding for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Casting for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Thermoforming for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Extrusion for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Others for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By End-use for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Packaging for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Construction for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Electrical & Electronics for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Automotive for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Medical Devices for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Agriculture for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Furniture & Bedding for the Period 2020-2030
Historical Data and Forecast of Malaysia Plastic Market Revenues & Volume By Others for the Period 2020-2030
Malaysia Plastic Import Export Trade Statistics
Market Opportunity Assessment By Product
Market Opportunity Assessment By Application
Market Opportunity Assessment By End-use
Malaysia Plastic Top Companies Market Share
Malaysia Plastic Competitive Benchmarking By Technical and Operational Parameters
Malaysia Plastic Company Profiles
Malaysia Plastic Key Strategic Recommendations

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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 Plastic Market Overview

3.1 Malaysia Country Macro Economic Indicators

3.2 Malaysia Plastic Market Revenues & Volume, 2020 & 2030F

3.3 Malaysia Plastic Market - Industry Life Cycle

3.4 Malaysia Plastic Market - Porter's Five Forces

3.5 Malaysia Plastic Market Revenues & Volume Share, By Product, 2020 & 2030F

3.6 Malaysia Plastic Market Revenues & Volume Share, By Application, 2020 & 2030F

3.7 Malaysia Plastic Market Revenues & Volume Share, By End-use, 2020 & 2030F

4 Malaysia Plastic Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Malaysia Plastic Market Trends

6 Malaysia Plastic Market, By Types

6.1 Malaysia Plastic Market, By Product

6.1.1 Overview and Analysis

6.1.2 Malaysia Plastic Market Revenues & Volume, By Product, 2020-2030F

6.1.3 Malaysia Plastic Market Revenues & Volume, By Polyethylene (PE), 2020-2030F

6.1.4 Malaysia Plastic Market Revenues & Volume, By Polypropylene (PP), 2020-2030F

6.1.5 Malaysia Plastic Market Revenues & Volume, By Polyurethane (PU), 2020-2030F

6.1.6 Malaysia Plastic Market Revenues & Volume, By Polyvinyl chloride (PVC), 2020-2030F

6.1.7 Malaysia Plastic Market Revenues & Volume, By Polyethylene terephthalate (PET), 2020-2030F

6.1.8 Malaysia Plastic Market Revenues & Volume, By Polystyrene (PS), 2020-2030F

6.1.9 Malaysia Plastic Market Revenues & Volume, By Others, 2020-2030F

6.1.10 Malaysia Plastic Market Revenues & Volume, By Others, 2020-2030F

6.2 Malaysia Plastic Market, By Application

6.2.1 Overview and Analysis

6.2.2 Malaysia Plastic Market Revenues & Volume, By Injection Molding, 2020-2030F

6.2.3 Malaysia Plastic Market Revenues & Volume, By Blow Molding, 2020-2030F

6.2.4 Malaysia Plastic Market Revenues & Volume, By Roto Molding, 2020-2030F

6.2.5 Malaysia Plastic Market Revenues & Volume, By Compression Molding, 2020-2030F

6.2.6 Malaysia Plastic Market Revenues & Volume, By Casting, 2020-2030F

6.2.7 Malaysia Plastic Market Revenues & Volume, By Thermoforming, 2020-2030F

6.2.8 Malaysia Plastic Market Revenues & Volume, By Others, 2020-2030F

6.2.9 Malaysia Plastic Market Revenues & Volume, By Others, 2020-2030F

6.3 Malaysia Plastic Market, By End-use

6.3.1 Overview and Analysis

6.3.2 Malaysia Plastic Market Revenues & Volume, By Packaging, 2020-2030F

6.3.3 Malaysia Plastic Market Revenues & Volume, By Construction, 2020-2030F

6.3.4 Malaysia Plastic Market Revenues & Volume, By Electrical & Electronics, 2020-2030F

6.3.5 Malaysia Plastic Market Revenues & Volume, By Automotive, 2020-2030F

6.3.6 Malaysia Plastic Market Revenues & Volume, By Medical Devices, 2020-2030F

6.3.7 Malaysia Plastic Market Revenues & Volume, By Agriculture, 2020-2030F

6.3.8 Malaysia Plastic Market Revenues & Volume, By Others, 2020-2030F

6.3.9 Malaysia Plastic Market Revenues & Volume, By Others, 2020-2030F

7 Malaysia Plastic Market Import-Export Trade Statistics

7.1 Malaysia Plastic Market Export to Major Countries

7.2 Malaysia Plastic Market Imports from Major Countries

8 Malaysia Plastic Market Key Performance Indicators

9 Malaysia Plastic Market - Opportunity Assessment

9.1 Malaysia Plastic Market Opportunity Assessment, By Product, 2020 & 2030F

9.2 Malaysia Plastic Market Opportunity Assessment, By Application, 2020 & 2030F

9.3 Malaysia Plastic Market Opportunity Assessment, By End-use, 2020 & 2030F

10 Malaysia Plastic Market - Competitive Landscape

10.1 Malaysia Plastic Market Revenue Share, By Companies, 2023

10.2 Malaysia Plastic Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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