The plastics processing industry today is one of Malaysia's
most dynamic growth sectors. Its average growth over
the last 10 years rates at about 15 % annually. This
is helped by buoyant growth in the export sector.
The plastics industry can be broadly categorised into
the resin manufacturers, the intermediate raw material
processors and the end product fabricators. They produce
a wide range of products, the more visible ones being
bags, bottles and consumers goods.
The
plastic producing and manufacturing industry, however, is still a sector with
growth potential. Malaysia is able to produce high-quality products in the plastic
packaging sector at competitive prices. With emerging markets, especially in China,
Vietnam and Thailand, the demand for suppliers in the region is growing. For another
reason, Malaysia's economy is strongly export-oriented and therefore in need of
related industries on plastic packaging, especially for electronics or pharmaceutical
products. The expected recovery, especially of the world's electrical and electronics
industry, will again lead to a growing demand for plastic packaging materials
on the domestic market.
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