2014-02-03 09:59:02 - Packaging Services in Indonesia: ISIC 7495 - a new market research report on companiesandmarkets.com
Indonesian packaging services market grows 70% over 2007-2012, uninterrupted by global economic downturn. Expenditure of Indonesian firms on packaging services abroad rises 21% over review period. Value of local packaging services increases 103% over 2007-2012 to Rp2.6 trillion.
Nominal profits soar at 20% CAGR over review period to reach Rp464.4 billion in 2012, profitability reaches 18%. Value of local industry´s services provided to foreign businesses increases by 14% annually on average. Industry rather fragmented as four largest companies capture 16% of turnover in 2010.
Industry´s turnover expected to grow by 11% annually on average over 2013-2018, underpinned by solid consumer demand fundamentals, convenience trend and general economic development.
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