Indonesia is a bigger market for plastics products than Malaysia, Thailand and Singapore combined. Government policy targets 70% of plastics products to be produced domestically – increasing demand for the latest production technology throughout the country’s manufacturing and processing industries.
Currently the world’s second largest rubber producer, after Thailand, Indonesia will become the number 1 producer by 2020. Annual production is forecast to reach 4 million tons or 31% of the world’s total natural rubber production. The government will utilize the increased revenue to revitalize the rubber processing industry and maximize added value within Indonesia, increasing the demand for processing technology and production machinery. With a population of over 240 million people, the demand for processing and packaging machinery and materials is increasing.