* 東盟現況 (只提供英文版)

Explore the latest ASEAN market news covering all hot topics in the plastics & rubber industries

With a combined population of over 660 million and a GDP exceeding USD 3.17 trillion (2019), ASEAN nations comprise both a substantial consumer base and a significant portion of the global market, particularly within the plastics & rubber industries. In fact, the GDP of the ASEAN region has been skyrocketing for a few years now, reflecting the region’s thriving economy.

The plastics & rubber markets for Southeast Asia is expected to grow at a CAGR of over 6% globally from 2020 to 2025. The market expansion is driven by the growth of various end-user industries, such as increased output from automotive and construction industries, rising demand for substitution for glass, metals, wood, and man-made materials, and a surge in demand for convenient packaging generated by the increase in single-person households.

The page of “ASEAN Brief” will explore the hottest industry trends in the region to help you identify potential opportunities, such as the rapidly growing medical & healthcare sector, manufacturing digitalization, robotics, 3D printing, circular economy, product innovation, etc.
VIETNAM

Population: 97.7 million

GDP: 262 billion USD

(2019)

PHILIPPINES

Population: 110.2 million

GDP: 377 billion USD

(2019)

MALAYSIA

Population: 32.6 million

GDP: 365 billion USD

(2019)

INDONESIA

Population: 274.9 million

GDP: 1119 billion USD

(2019)

THAILAND

Population: 69.9 million

GDP: 544 billion USD

(2019)

Singapore

Population: 5.7 million

GDP: 372.06 billion USD

(2019)

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