Market Forecast By Material (Steel, Aluminum, Others), By Product Type (Cans, Caps & Closures, Drums & Barrels, Others), By End User (Food, Beverage, Personal Care, Healthcare, Others) And Competitive Landscape
Product Code: ETC028368 | Publication Date: Oct 2020 | Updated Date: Nov 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Indonesia Metal Packaging Market |
Forecast period | 2024-2030 |
Market Size | USD 3.8 Billion โย USD 6.2 Billion |
CAGR | 7.9% |
Growing Sector | Industrial Manufacturing |
The Indonesia Metal Packaging report thoroughly covers the market by type and by end user. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
In 2024, the Indonesia Metal Packaging market is valued at approximately $ 3.8 billion, with a projected compound annual growth rate (CAGR) of 7.9% over the next five years. Additionally, by 2030, the market is expected to reach around $ 6.2 billion. The industrial manufacturing sector holds significant position in the overall market.
The Indonesia metal packaging market is witnessing significant growth, driven by the country's rapidly expanding food and beverage sector, urbanization, and changing consumer preferences. As a key player in Southeast Asia, Indonesia's increasing population and rising disposable incomes are propelling demand for convenient and packaged food products, leading to a greater need for reliable packaging solutions. Metal packaging, particularly aluminum and steel cans, is favored for its durability, recyclability, and ability to preserve product freshness, making it an ideal choice for various applications including beverages, processed foods, and personal care products. Additionally, the government's focus on sustainability and waste management is encouraging investments in eco-friendly packaging solutions and recycling initiatives, further boosting the market's potential. Overall, the Indonesia metal packaging market is well-positioned for continued expansion as manufacturers adapt to consumer demands and regulatory requirements.
According to 6Wresearch, Indonesia Metal Packaging market size is projected to grow at a CAGR of 7.9% during 2024-2030. The growth of the Indonesia metal packaging market is primarily driven by several key factors, including the rapid expansion of the food and beverage industry, urbanization, and a rising middle-class population with increasing disposable incomes. As consumers seek convenience and quality, the demand for ready-to-eat meals and beverages packaged in metal formats continues to rise, particularly in urban areas. Moreover, the metal packaging's recyclability aligns with growing environmental awareness, prompting manufacturers to adopt sustainable practices. However, the Indonesia Metal Packaging industry faces challenges such as fluctuations in raw material prices, which can impact production costs and profitability.
Additionally, competition from alternative packaging materials like plastics and glass poses a threat, as these options are sometimes perceived as more lightweight and cost-effective. Furthermore, the industry must navigate regulatory requirements related to food safety and environmental standards, which can add complexity to operations. Addressing these challenges while capitalizing on growth opportunities will be crucial for stakeholders in the Indonesian metal packaging market.
Sustainability Focus - Increasing demand for eco-friendly packaging solutions, leading to higher adoption of recyclable materials and sustainable practices in metal packaging production.
Lightweight Packaging - Growing preference for lightweight aluminum cans that reduce transportation costs and environmental impact, driving innovation in can design and materials.
Product Diversification - Expanding product offerings in the beverage sector, including craft beers and health-oriented drinks, leading to more specialized metal packaging solutions.
Smart Packaging Technologies - Integration of smart packaging features, such as QR codes and temperature indicators, enhancing consumer engagement and product traceability.
E-commerce Growth - The rise of online shopping is prompting manufacturers to develop packaging that withstands transit challenges while maintaining product integrity.
Investment in Recycling Infrastructure - Increased investments in recycling facilities and initiatives driven by government regulations and corporate sustainability goals, promoting a circular economy in metal packaging.
Expansion of Production Facilities - Investment in new manufacturing plants and upgrades to existing facilities to increase production capacity and meet rising demand for metal packaging.
Research and Development - Funding R&D initiatives focused on innovative packaging solutions, such as lightweight designs and sustainable materials, to stay competitive in the market.
Recycling and Waste Management Initiatives - Opportunities to invest in advanced recycling technologies and waste management solutions to support sustainability goals and enhance recycling rates.
Partnerships with Beverage Companies - Collaborations with beverage producers to develop customized packaging solutions tailored to emerging trends in the market, such as craft beverages and health drinks.
Smart Packaging Technology - Investment in smart packaging solutions that integrate technology for enhanced consumer engagement, product tracking, and supply chain efficiency.
Key The key players in the Indonesia metal packaging market include prominent companies such as Crown Holdings, Inc., a leading global provider of metal packaging solutions known for its innovative designs and sustainability initiatives. ArcelorMittal, a major steel manufacturer, also plays a significant role by supplying high-quality steel for various packaging applications. Ball Corporation, recognized for its expertise in aluminum packaging, has a strong presence in the beverage can segment, catering to the growing demand for sustainable packaging. Canpack Group, with its focus on aluminum beverage cans, is expanding its operations to meet local needs.
Additionally, Amcor plc, a global packaging leader, offers a wide range of metal packaging products, contributing to the sector's growth. Additionally, some of these players hold majority of the Indonesia Metal Packaging market share. Moreover, other notable companies include PT. H.J. Heinz Indonesia, which utilizes metal packaging for food products, and PT. Bumi Menara Internusa, a local player focusing on providing tailored packaging solutions. These companies are instrumental in driving innovation, sustainability, and market expansion within the Indonesian metal packaging landscape.
The Indonesian metal packaging market is influenced by various government regulations aimed at ensuring food safety, environmental protection, and sustainability. The National Agency of Drug and Food Control (BPOM) enforces strict standards for food and beverage packaging to ensure that materials used are safe and do not leach harmful substances into products. Additionally, the government has implemented regulations to promote recycling and waste management, aligning with the countryโs commitment to reducing plastic waste and encouraging the use of recyclable materials, including metals.
Further, these initiatives have further boosted the Indonesia Metal Packaging market revenues. Moreover, these regulations not only aim to protect public health but also drive the industry towards adopting eco-friendlier and sustainable packaging solutions, pushing manufacturers to innovate and comply with national standards while also enhancing their corporate social responsibility initiatives.
The future of the Indonesia metal packaging market looks promising, driven by the continued expansion of the food and beverage sector, evolving consumer preferences for sustainable and convenient packaging, and the increasing emphasis on environmental sustainability. By 2030, the market is expected to see significant growth, projected to reach approximately $6 billion, as manufacturers invest in advanced technologies and innovative designs to meet consumer demands for lightweight and eco-friendly solutions.
The rise of e-commerce is likely to spur the development of more durable packaging that can withstand transit challenges, while government initiatives to improve recycling infrastructure will enhance the sustainability of metal packaging. Additionally, the integration of smart packaging technologies, such as digital printing and QR codes, will enhance consumer engagement and traceability.
According to Ravi Bhandari, Research Head, 6Wresearch, the steel category within the Indonesia metal packaging market is experiencing robust growth, driven by increasing demand for durable and recyclable packaging solutions. Steel packaging, particularly in the food and beverage sectors, is favored for its strength, preservation qualities, and recyclability, making it an ideal choice for products requiring longer shelf life. The rise in consumer preference for canned food and beverages, including soft drinks and alcoholic beverages, has significantly boosted steel can production.
Furthermore, innovations in steel manufacturing processes, such as the development of thinner and lighter materials, are enhancing product efficiency while maintaining structural integrity. This trend, combined with growing environmental awareness and regulatory support for sustainable packaging, is expected to propel the steel category's market share in the coming years, positioning it as a key player in Indonesia's evolving packaging landscape.
The growth of the cans type segment in the Indonesia metal packaging market is being propelled by the rising consumption of canned beverages and food products, particularly soft drinks, beer, and ready-to-eat meals. Consumers increasingly favor convenient and portable packaging options, and cans offer an ideal solution with their lightweight, durability, and excellent preservation properties. The aluminum can segment, in particular, is witnessing significant growth due to its recyclability and sustainability, appealing to environmentally conscious consumers and brands.
Additionally, the craft beverage movement is driving demand for specialized can designs and sizes, further fueling innovation within the sector. As the market expands, manufacturers are focusing on enhancing production capabilities and implementing advanced technologies to meet the growing consumer demand for diverse and attractive can offerings, positioning this segment for sustained growth in the coming years.
The report offers a comprehensive study of the subsequent market segments:
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 Metal Packaging Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Metal Packaging Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Metal Packaging Market - Industry Life Cycle |
3.4 Indonesia Metal Packaging Market - Porter's Five Forces |
3.5 Indonesia Metal Packaging Market Revenues & Volume Share, By Material, 2020 & 2030F |
3.6 Indonesia Metal Packaging Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.7 Indonesia Metal Packaging Market Revenues & Volume Share, By End User, 2020 & 2030F |
4 Indonesia Metal Packaging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Metal Packaging Market Trends |
6 Indonesia Metal Packaging Market, By Types |
6.1 Indonesia Metal Packaging Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Metal Packaging Market Revenues & Volume, By Material, 2020 - 2030F |
6.1.3 Indonesia Metal Packaging Market Revenues & Volume, By Steel, 2020 - 2030F |
6.1.4 Indonesia Metal Packaging Market Revenues & Volume, By Aluminum, 2020 - 2030F |
6.1.5 Indonesia Metal Packaging Market Revenues & Volume, By Others, 2020 - 2030F |
6.2 Indonesia Metal Packaging Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Metal Packaging Market Revenues & Volume, By Cans, 2020 - 2030F |
6.2.3 Indonesia Metal Packaging Market Revenues & Volume, By Caps & Closures, 2020 - 2030F |
6.2.4 Indonesia Metal Packaging Market Revenues & Volume, By Drums & Barrels, 2020 - 2030F |
6.2.5 Indonesia Metal Packaging Market Revenues & Volume, By Others, 2020 - 2030F |
6.3 Indonesia Metal Packaging Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Metal Packaging Market Revenues & Volume, By Food, 2020 - 2030F |
6.3.3 Indonesia Metal Packaging Market Revenues & Volume, By Beverage, 2020 - 2030F |
6.3.4 Indonesia Metal Packaging Market Revenues & Volume, By Personal Care, 2020 - 2030F |
6.3.5 Indonesia Metal Packaging Market Revenues & Volume, By Healthcare, 2020 - 2030F |
6.3.6 Indonesia Metal Packaging Market Revenues & Volume, By Others, 2020 - 2030F |
7 Indonesia Metal Packaging Market Import-Export Trade Statistics |
7.1 Indonesia Metal Packaging Market Export to Major Countries |
7.2 Indonesia Metal Packaging Market Imports from Major Countries |
8 Indonesia Metal Packaging Market Key Performance Indicators |
9 Indonesia Metal Packaging Market - Opportunity Assessment |
9.1 Indonesia Metal Packaging Market Opportunity Assessment, By Material, 2020 & 2030F |
9.2 Indonesia Metal Packaging Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.3 Indonesia Metal Packaging Market Opportunity Assessment, By End User, 2020 & 2030F |
10 Indonesia Metal Packaging Market - Competitive Landscape |
10.1 Indonesia Metal Packaging Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Metal Packaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |