Indonesia Polyethylene terephthalate (PET) Market (2025-2031) Outlook | Revenue, Analysis, Forecast, Industry, Growth, Size, Companies, Value, Share & Trends

Indonesia Polyethylene terephthalate (PET) Market Synopsis

Polyethylene terephthalate (PET) is a thermoplastic polymer resin of the polyester family and is widely used in synthetic fibers, film and engineering resins. It has become a common mainstay of the modern economy due to its versatile nature, strength and durability. In Indonesia, PET market demand is driven mainly by the rising demand for packaged food & beverages, increasing consumer awareness about healthy lifestyle and growing preference for lightweight packaging materials. Furthermore, government initiatives to promote plastic recycling are further expected to drive growth in the PET market over the forecast period.

Market Trends

The Indonesia PET market has been witnessing steady growth during recent years due to increasing consumption from various end-use industries such as food & beverage packaging, automotive components manufacturing etc. Moreover, rapid urbanization coupled with strong economic growth have also contributed towards increased sale of products made with PET resins in Indonesia. The number of organized retail outlets across major cities has also grown significantly which had led to rise in demand for convenience packaging solutions such as stand-up pouches made using PET films or sheets manufactured by local suppliers. Additionally, producers have been focusing on developing sustainable materials that reduce waste produced during production processes like extrusion blow molding. This has resulted into increased availability of recycled/ bio based polyester pellets for applications where high mechanical properties are not required.

Market Drivers

The changing dietary habits among consumers particularly amongst young population has led them increasingly opting ready-to-eat meals packed in convenient packs or containers made from Polyethylene Terephthalate (PET). This factor along with expanding middle class population increasingly choosing convenience foods instead of home cooked meals will result into higher usage rate for these materials going forward providing ample opportunities for manufacturers operating within this sector.

COVID-19 Impact on the Market

In wake up COVID-19 outbreak throughout world global supply chain disruptions caused due significant restrictions imposed countries globally resulting huge slump sales pet related products primarily witnessed within food beverage industry.

Challenges of the Market

One of the key challenges faced by the Indonesia Polyethylene terephthalate (PET) market is price volatility. The global PET industry is highly dependent on crude oil prices and, as a result, any fluctuations in crude oil prices can significantly impact PET resin pricing. This makes it difficult for manufacturers to accurately forecast their production costs and plan their operations accordingly. Another challenge faced by the Indonesia Polyethylene terephthalate (PET) market is that raw materials required for its production are expensive and not easily available domestically or regionally due to limited domestic resources or access to imports from other countries like China, Japan, South Korea etc., which may lead to an increase in costs for local producers leading them to opt out of manufacturing processes or increasing product prices making them non-competitive against overseas players.

Industry Key Players

Some of the major players operating in the Indonesia Polyethylene Terephthalate (PET) market include PT Indorama Synthetics TBK., United Petrochemical Co Ltd., SABIC Innovative Plastics, Maspion Group Indonesia, Sinar Mas Group and Inti Alam Perkasa among others.

Key Highlights of the Report:

• Indonesia Polyethylene terephthalate (PET) Market Outlook
• Market Size of Indonesia Polyethylene terephthalate (PET) Market, 2024
• Forecast of Indonesia Polyethylene terephthalate (PET) Market, 2031
• Historical Data and Forecast of Indonesia Polyethylene terephthalate (PET) Revenues & Volume for the Period 2021-2031
• Indonesia Polyethylene terephthalate (PET) Market Trend Evolution
• Indonesia Polyethylene terephthalate (PET) Market Drivers and Challenges
• Indonesia Polyethylene terephthalate (PET) Price Trends
• Indonesia Polyethylene terephthalate (PET) Porter's Five Forces
• Indonesia Polyethylene terephthalate (PET) Industry Life Cycle
• Historical Data and Forecast of Indonesia Polyethylene terephthalate (PET) Market Revenues & Volume By Types for the Period 2021-2031
• Historical Data and Forecast of Indonesia Polyethylene terephthalate (PET) Market Revenues & Volume By virgin for the Period 2021-2031
• Historical Data and Forecast of Indonesia Polyethylene terephthalate (PET) Market Revenues & Volume By Recycle for the Period 2021-2031
• Historical Data and Forecast of Indonesia Polyethylene terephthalate (PET) Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Indonesia Polyethylene terephthalate (PET) Market Revenues & Volume By Beverages for the Period 2021-2031
• Historical Data and Forecast of Indonesia Polyethylene terephthalate (PET) Market Revenues & Volume By Sheets & Films for the Period 2021-2031
• Historical Data and Forecast of Indonesia Polyethylene terephthalate (PET) Market Revenues & Volume By Consumer Goods for the Period 2021-2031
• Historical Data and Forecast of Indonesia Polyethylene terephthalate (PET) Market Revenues & Volume By Food Packaging for the Period 2021-2031
• Historical Data and Forecast of Indonesia Polyethylene terephthalate (PET) Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of Indonesia Polyethylene terephthalate (PET) Market Revenues & Volume By End-Users for the Period 2021-2031
• Historical Data and Forecast of Indonesia Polyethylene terephthalate (PET) Market Revenues & Volume By Packaging for the Period 2021-2031
• Historical Data and Forecast of Indonesia Polyethylene terephthalate (PET) Market Revenues & Volume By Electrical & Electronics for the Period 2021-2031
• Historical Data and Forecast of Indonesia Polyethylene terephthalate (PET) Market Revenues & Volume By Automotive for the Period 2021-2031
• Historical Data and Forecast of Indonesia Polyethylene terephthalate (PET) Market Revenues & Volume By Construction for the Period 2021-2031
• Historical Data and Forecast of Indonesia Polyethylene terephthalate (PET) Market Revenues & Volume By Others for the Period 2021-2031
• Indonesia Polyethylene terephthalate (PET) Import Export Trade Statistics
• Market Opportunity Assessment By Types
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By End-Users
• Indonesia Polyethylene terephthalate (PET) Top Companies Market Share
• Indonesia Polyethylene terephthalate (PET) Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Polyethylene terephthalate (PET) Company Profiles
• Indonesia Polyethylene terephthalate (PET) Key Strategic Recommendations