Malaysia Packaging Market Size, Analysing Key Pack Material (Pack Type, Closure Material and Type, Primary Outer Material and Type), Innovations and Forecast, 2021-2026
Summary
This report brings together multiple data sources to provide a comprehensive overview of the Malaysian packaging market. It includes market overview, growth analysis by pack material and industry, pack material growth analysis by industry and sector, analysis by pack material, and trends, case studies, and future outlook.
The packaging industry in Malaysia is set to witness growth from 18.4 billion units in 2021 to 22 billion units in 2026, at a CAGR of 3.6%. In 2021, flexible packaging garnered the maximum share of 37.5%, followed by rigid plastics and paper & board with shares of 22.2% and 20.4%, respectively. The moderate growth of the Malaysian packaging industry will be heavily influenced by changing demographics especially in terms of rise in urbanization rate, an aging population, and the increasing trend of consumption of packaging material in the middle class. These changes are expected to drive the need for new packaging formats with innovations in shapes, sizes, and materials.
Scope
This report brings together multiple data sources to provide a comprehensive overview of the Packaging industry in the Malaysia, as part of our coverage of the industry across 50 countries. It includes analysis on the following -
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