Malaysia Flexible Packaging Market Overview
Flexible packaging is gaining ground in the field of primary packaging. Increasing market demands for consumer-friendly packages and enhanced product protection have propelled Malaysia flexible packaging market as a viable and cost-effective alternative. The growing popularity of convenience foods is leading to increased demand for flexible packaging solutions. Flexible packaging is ideal for convenience foods because it is lightweight, durable, and easy to open and close.
Malaysia Flexible Packaging Market Dynamics
The Malaysian flexible packaging market is segmented by packaging form, raw material, and application. Pouches are the largest segment in the market, followed by bags and wraps. Plastic is the most common raw material used in flexible packaging, followed by paper and aluminum foil. The food and beverage segments are the largest applications for flexible packaging in Malaysia.
Pouches are widely used for single-use servers in Malaysia, as consumers have highly time-stressed lifestyles and are seeking greater convenience. Additionally, smaller household sizes have contributed to the trend of using single-use servers. The increasing popularity of convenience foods is also leading to growth in the expansion of microwavable and retort handy pouches.
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Flexible plastic packaging accounts for the largest market share in the Malaysian flexible packaging market. This segment is expected to continue its dominance in the coming years. China, Hong Kong, Singapore, Japan, and Indonesia are the primary consumers of Malaysian plastics. Demand from the main markets, i.e., the US and Japan, is stable due to improving economies.
Malaysia Flexible Packaging Market Segmentation Analysis
By Packaging Form
- Pouches
- Bags
- Wraps
- Roll Stocks
- Blister and Strip Packs
By Raw Material
- Plastics
- Paper
- Aluminum Foils
- Others
By Application
- Food Beverage
- Healthcare
- Personal and Household Care
- Others
Major Companies Covered
Malaysia Packaging Industry Bhd, Bemis Flexible Packaging Sdn Bhd, Amcor Ltd., Biszon Flexipack Sdn Bhd, Daibochi Plastic and Packaging Industry, Huhtamaki Group, Advanced Packaging Technology, Mabuchi Packaging Technology, Flexoprint Sdn Bhd, Sealed Air Co, Ltd, Tetra Pak Malaysia, Tomypak Berhad
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