Key Market Indicators
Malaysia's plastic packaging export is forecast to reach $1.2 billion by 2026, up from $1.1 billion in 2021, with a year-on-year growth rate of 1%. Since 1994, the country's supply has grown at a rate of 2.2% per year. Malaysia was ranked 15th in 2021, with Thailand ahead at $1.1 billion. The United States, Germany, and France ranked second, third, and fourth respectively. Meanwhile, Malaysia's plastic packaging import is predicted to hit $431 million by 2026, up from $390 million in 2021, with a year-on-year growth rate of 1.8%. Since 1994, the country's demand has grown at a rate of 2.4% per year. Malaysia was ranked 30th in 2021, with Romania ahead at $390 million. Germany, France, and Mexico ranked second, third, and fourth respectively.
