SOUTH EAST ASIA CORRUGATED PACKAGING MARKET ANALYSIS
The companies are adopting various organic and inorganic growth strategies to retain their market position. For instance, Thai Containers Group Co., Ltd, which is a joint venture between SCG Packaging Public Company Limited has acquired 80% stake in PT Indocorr Packaging Cikarang in April 2017. Key market players operating corrugated packing in the South East Asia corrugated packaging include Perhimpunan Industry Corrugated Cardboard Indonesia, PT. IPI (International Packaging Industries Ltd.), The Box Company, Acter Carton Sdn Bhd, FinePac Industries Sdn Bhd, Stanpack Industries Pte Ltd., Tat Seng Packaging Group Ltd, Cheng Heng Paper Product Co. Pte Ltd., and Binh Minh Packaging.
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