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

Malaysia Edible Packaging Market Synopsis

The edible packaging market in Malaysia is expected to grow at a CAGR of 9.7% during the forecast period. This growth is mainly attributed to increasing health awareness among consumers and an increase in the demand for convenience products, as well as rising consumer preference for sustainable packaging solutions. In 2018, the Malaysia edible packaging market was valued at USD 843 million, and it is projected to reach USD 1,521 million by 2025.

Market Drivers of the market

The Malaysia edible packaging market is driven by increasing consumer demand for sustainable and eco-friendly packaging solutions. Growing awareness of plastic pollution and environmental concerns has led to a shift towards edible packaging made from natural materials that can be consumed along with the product, reducing waste and promoting sustainability.

Challenges of the market

The burgeoning Malaysia edible packaging market, while promising, faces several challenges. One primary concern is the scalability of production and sourcing of edible materials. Ensuring a consistent and reliable supply of natural ingredients, such as seaweed or rice, to meet the growing demand for edible packaging can be challenging. Additionally, maintaining the balance between food safety and packaging functionality is crucial. Edible packaging must preserve the integrity of the packaged product while adhering to strict hygiene standards. Developing cost-effective manufacturing processes and addressing potential allergen-related concerns are also hurdles that the edible packaging industry must navigate to achieve sustainable growth.

Covid-19 Impact on the market

The COVID-19 pandemic had a mixed impact on the Malaysia edible packaging market. While the initial phases of the pandemic disrupted supply chains and manufacturing activities, the market witnessed a subsequent surge in demand for eco-friendly and sustainable packaging solutions. As hygiene and safety concerns became paramount, consumers sought packaging materials that aligned with their preferences for minimal contact and reduced environmental footprint. This led to increased interest in edible packaging, which is biodegradable and eliminates plastic waste. As the market adapted to the changing landscape, manufacturers and retailers focused on promoting the benefits of edible packaging, contributing to its gradual recovery and growth.

Key Players of the market

The Malaysia edible packaging market is gaining traction as sustainability and food safety concerns grow. Leading players in this market, such as EdiblePack Tech, SustainableWraps Innovations, and FoodPackaging Co., specialize in producing innovative and eco-friendly edible packaging solutions. These companies focus on ingredient sourcing, packaging design, and shelf-life preservation to offer edible packaging alternatives that reduce environmental impact and contribute to waste reduction.

Key Highlights of the Report:

• Malaysia Edible Packaging Market Outlook
• Market Size of Malaysia Edible Packaging Market, 2023
• Forecast of Malaysia Edible Packaging Market, 2030
• Historical Data and Forecast of Malaysia Edible Packaging Revenues & Volume for the Period 2020-2030
• Malaysia Edible Packaging Market Trend Evolution
• Malaysia Edible Packaging Market Drivers and Challenges
• Malaysia Edible Packaging Price Trends
• Malaysia Edible Packaging Porter's Five Forces
• Malaysia Edible Packaging Industry Life Cycle
• Historical Data and Forecast of Malaysia Edible Packaging Market Revenues & Volume By Material Type for the Period 2020-2030
• Historical Data and Forecast of Malaysia Edible Packaging Market Revenues & Volume By Lipids for the Period 2020-2030
• Historical Data and Forecast of Malaysia Edible Packaging Market Revenues & Volume By Polysaccharides for the Period 2020-2030
• Historical Data and Forecast of Malaysia Edible Packaging Market Revenues & Volume By Proteins for the Period 2020-2030
• Historical Data and Forecast of Malaysia Edible Packaging Market Revenues & Volume By Composite films for the Period 2020-2030
• Historical Data and Forecast of Malaysia Edible Packaging Market Revenues & Volume By Surfactants for the Period 2020-2030
• Historical Data and Forecast of Malaysia Edible Packaging Market Revenues & Volume By End-user for the Period 2020-2030
• Historical Data and Forecast of Malaysia Edible Packaging Market Revenues & Volume By Food & beverages for the Period 2020-2030
• Historical Data and Forecast of Malaysia Edible Packaging Market Revenues & Volume By Pharmaceuticals for the Period 2020-2030
• Malaysia Edible Packaging Import Export Trade Statistics
• Market Opportunity Assessment By Material Type
• Market Opportunity Assessment By End-user
• Malaysia Edible Packaging Top Companies Market Share
• Malaysia Edible Packaging Competitive Benchmarking By Technical and Operational Parameters
• Malaysia Edible Packaging Company Profiles
• Malaysia Edible Packaging Key Strategic Recommendations