Posts

Showing posts with the label Plastic Jerry Can Industry Analysis in Malaysia

Technological Advancements in Plastic Jerry Can Industry Analysis in Malaysia

 The Malaysian plastic jerry can market is on a steady growth trajectory, with sales estimated at USD 252.7 million in 2024 and projected to climb to USD 347.3 million by 2034 , registering a CAGR of 3.2% over the forecast period, according to the latest industry analysis. Driven by robust industrial expansion , increased demand for lightweight, cost-effective, and reusable packaging , and the versatility of high-density polyethylene (HDPE) containers , plastic jerry cans are becoming the preferred choice for sectors ranging from chemicals and automotive to agriculture and food & beverage. In 2023, Malaysia’s plastic jerry can industry generated USD 242.5 million , posting a 4.2% Y-o-Y growth in 2024. This rise is largely attributed to growing transportation needs for bulk liquids and hazardous materials, alongside Malaysia’s thriving export-oriented manufacturing sector. Request Your Sample and Stay Ahead with Our Insightful Report! https://www.futuremarketinsights.c...