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Malaysia Plastic Industry Outlook 2024 - 2028

See how Malaysia Plastic performed compared to key markets.

Key Market Indicators

KUALA LUMPUR, Malaysia – Malaysia's plastic export industry is projected to hit $12 billion by 2028, up from $10.5 billion in 2023, marking an average annual growth rate of 2.2%. The steady rise in plastic exports has been consistent since 1994, with the industry recording a 2.1% year-on-year increase over the past decades. In parallel, Malaysia's plastic imports are expected to reach $11.5 billion by 2028, ascending from $10 billion in 2023, translating to an average yearly growth rate of 2.3%. Since 1994, the demand for plastic imports has climbed steadily, registering a 2.7% year-on-year growth rate.

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Malaysia Plastic Market Data and Forecasts

How much will Malaysia Plastic Market grow to 2028?

Forecast: Export of Plastics and Articles Thereof from Malaysia
Forecast: Import of Plastics and Articles Thereof to Malaysia
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