Indonesia’s packaging sector spur demand for plastics.

The industrial sector of Indonesia has been contributing to its overall economic growth, regardless of the upward momentum of its production in terms of volume and value in the past few years. Government incentives to investors, favorable business environment, significant improvement in technologies and skilled manpower are among the factors that encourage the expansion of the industrial sector. In particular, the plastics industry in Indonesia is exhibiting sustained growth in the next few years owing to rising demand spurred by increase in consumer expenditure.

From a linear model, Indonesia’s packaging industry is fast moving towards a circular economy. This has been made more pronounced by the investments of leading companies into areas that will reduce, recycle and re-use plastics. As an economy battling huge plastic waste stockpile reaching 18.99 million tons per year based on Environment and Forestry Ministry data, Indonesia has placed circular economy as its main focus by implementing Golden Indonesia Vision 2045 which is the long-term national development plan. Thus, the utilization of recycled materials has become the goal of many Indonesian companies that plan to go through the route of circular economy route. This has brought huge opportunities to companies supplying advanced recycling solutions and sustainable materials.

印尼包裝產業刺激了塑​​膠需求。儘管過去幾年印尼的塑膠產量和產值均呈現上升勢頭，但工業部門一直為其整體經濟成長做出貢獻。政府對投資者的激勵措施、良好的營商環境、技術的顯著進步以及熟練的勞動力都是促進工業部門擴張的因素。尤其值得一提的是，由於消費支出成長刺激了需求成長，印尼塑膠產業在未來幾年將呈現持續成長。

從線性模型來看，印尼包裝產業正快速轉型為循環經濟。龍頭企業在塑膠減量、回收和再利用領域的投資，使這一進程更加顯著。根據環境與林業部的數據，印尼每年的塑膠垃圾堆積量高達1,899萬噸，而作為一個正在應對這一巨大挑戰的經濟體，印尼已將循環經濟作為重點發展方向，並實施了國家長期發展規劃—「黃金印尼2045願景」。因此，回收已成為許多計劃走循環經濟路線的印尼企業的目標。這為提供先進回收解決方案和永續材料的公司帶來了巨大的機會。

Source: thepackman.in