Southeast Asia Plastics Industry Report 2023-2032 with Malaysia, Vietnam, Thailand, Indonesia being the Major Exporters of the RFegion – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Research Report on Southeast Asia Plastics Industry 2023-2032” report has been added to ResearchAndMarkets.com’s offering.

The plastics industry in Southeast Asia will maintain growth from 2022-2032

Lower labor costs in Southeast Asian countries will prompt global plastics and its products producers to shift production capacity to these regions. On the other hand, rising market demand for plastics and their products in Southeast Asia will prompt global plastics and their products producers to increase their exports to these countries.

The development of the plastics industry in Southeast Asian countries varies widely. Malaysia, Vietnam, Thailand, Indonesia and the Philippines are the major exporters of plastic products in Southeast Asia. The plastics industry is one of the fastest growing industries in Vietnam, with an average annual growth…