Malaysia Flexible Packaging Market Size & Outlook
Malaysia flexible packaging market, 2018-2030 (US$M)
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Malaysia flexible packaging market highlights
- The Malaysia flexible packaging market generated a revenue of USD 503.3 million in 2023 and is expected to reach USD 723.2 million by 2030.
- The Malaysia market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating raw material in 2023.
- Bioplastics is the most lucrative raw material segment registering the fastest growth during the forecast period.
Flexible packaging market data book summary
| Market revenue in 2023 | USD 503.3 million |
| Market revenue in 2030 | USD 723.2 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Bioplastics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Paper, Metal, Bioplastics |
| Key market players worldwide | Amcor PLC, Mondi PLC, Huhtamäki Oyj, Sonoco Products Co, Constantia Flexibles, Berry Global Group Inc, Transcontinental Inc Shs -A- Voting Subord., Coveris, DS Smith PLC, Allegion PLC, CCL Industries Inc Registered Shs -B- Non Vtg, Cosmo Films, Graphic Packaging Holding Co, Bemis Manufacturing, ProAmpac, Flexpak, Flex-Pack Engineering, Novolex, Sigma Plastics Group, Bischof + Klein, SÜDPACK, American Packaging Corporation |
Other key industry trends
- In terms of revenue, Malaysia accounted for 0.2% of the global flexible packaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China flexible packaging market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 33,251.1 million by 2030.
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Flexible Packaging Market Scope
Flexible Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Malaysia flexible packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flexible packaging market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 69.64% in 2023. Horizon Databook has segmented the Malaysia flexible packaging market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
The flexible packaging market in Malaysia is witnessing significant growth within the food & beverage industry owing to the presence of several flexible packaging manufacturers in the country who are engaged in scaling up the production of flexible packaging solutions for food & beverage applications.
For instance, on January 3, 2023, SABIC collaborated with Scientex Berhad to launch instant noodles packed in a flexible packaging solution made from 30% PCR plastic across the Malaysian market. Such new product launches are expected to boost the demand for flexible packaging solutions in the country over the forecast period.
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Target buyers of Malaysia flexible packaging market databook
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Our clientele includes a mix of flexible packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Malaysia flexible packaging market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Malaysia flexible packaging market size, by raw material, 2018-2030 (US$M)
Malaysia Flexible Packaging Market Outlook Share, 2023 & 2030 (US$M)
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