The acceleration in digital adoption, e-commerce, is one of the many trends driven by the pandemic. During the pandemic, the packaging industry was considered to be an “essential” industry as it was not affected by the lockdown. In fact, there was a rise in the consumption of packed products & people continued to shop online.
Some of the top needs for the packaging industry include the usages below:
1. Transportation packaging
- Businesses are moving towards digitization. Industrial customers are buying products and containers in huge quantities, leading to a rise in needs for the products from the packaging industry.
2. Consumer packaging
- Consumers are relying more on food delivery services, and the majority of the consumers are moving towards grocery purchase online as well. Therefore, there is an increase in demand for packaging in the food industry.
3. Healthcare packaging
- Packaging in the food and medical industry has also faced a huge rise due to the massive production of PPE, gloves, mask and many other such medical products.
Packaging Industry Trends and Opportunities in Malaysia
Let’s see the top 10 keywords that were searched by global buyers on Alibaba.com.
According to Alibaba.com, paper packaging & plastic packaging are the best selling products in the industry. Refer to the graph below to find out about the number of inquiries on Alibaba.com for the packaging industry!
There is an increase in the number of small orders and big orders over the years. Among the active buyers in Alibaba.com. big buyers account for 15% in the global market and small & medium buyers account for 85%.
Are you looking for a potential market for your products in the packaging industry? Check out the top 10 potential buyer countries with large market size, high market growth below!
Hurry Up! If your business or business operation is registered under Selangor, then don’t miss the chance to claim your RM5,000 from SIDEC to digitize your business!
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