Laos Plastics Market - Segmented by Type, Technology, Application and Geography - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4536328
  • Report
  • Region: Laos
  • 82 pages
  • Mordor Intelligence
UP TO OFF
until Dec 31st 2018
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FEATURED COMPANIES

  • Asia Plastic Factory
  • BASF SE
  • D&L Industries Inc.
  • DowDuPont
  • Lao Coca-Cola
  • Laosamay Plastic Factory
  • MORE
The Laos Plastics Market is expected to grow at a moderate rate during the forecast period, 2018 - 2023. The demand in Laos is estimated to lead the market owing to the rapid growth of the packaging sector in the country.

The plastic industry in South East Asian countries is expected to increase at appreciable growth rates due to the increasing globalization, urbanization, and consumer demand. Laos, being poorly developed and low on connectivity, has been expanding its base for plastic consumption and production, particularly consumption, due to the growing government aims through collaborative private and public investments into SEZs to increase socio-economic conditions.

Increasing Investments to Capitalize from the Industrial Segment

The growing share of national revenue from natural resources (agriculture, forestry, livestock, hydro-electricity, mining, etc.), as well as increasing investments in the upcoming industries, will lead to growth of the service sector. The increase in the investments in various industrial sectors to increase the commercial production scales in order to maintain the increasing trade demands from the neighboring countries. Domestic and foreign private investment focus mainly on the energy and mining sectors followed by the services and agriculture sectors.

Packaging Industry to Dominate the Market

The packaging sector is the largest consumer of plastics, in terms of application, and it is expected to grow owing to the growing demand from packaged goods and FMCG industries. However, restrictions, such as lack of materials, technology, and investments are expected to restrict the market growth.

Increasing investments to increase export production as a part of ASEAN economic integration leading to industrial expansion, increasing demand for bio-degradable plastics, and an anticipated growth in the healthcare industry expenditure are expected to provide a huge opportunity for the increasing consumption of plastics in Laos.

Key Developments in the Market:

Feb 2018: DowDuPont announced brand names for the three independent companies it intends to create, reflecting ongoing progress towards separations.

Major Players: BASF SE, DowDuPont, Sumitomo Corporation, Continental Plastic Industry Co., Laosamay Plastic Factory, Pikulthong Plastic Co. Ltd., and Saysana Plastic Factory, amongst others.

Reasons to Purchase this Report

To understand the impact of end-user applications on the market

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

To understand the dominating technology in the market

Identify the latest developments, market shares, and strategies employed by the major market players

3-month analyst support, along with the Market Estimate sheet (in Excel)

Customization of the Report

This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you to get a report that suits your needs.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Asia Plastic Factory
  • BASF SE
  • D&L Industries Inc.
  • DowDuPont
  • Lao Coca-Cola
  • Laosamay Plastic Factory
  • MORE
1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report

2. Executive Summary

3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter's Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 PESTEL Analysis
3.4 Price Analysis
3.5 Trade Analysis

4. Market Dynamics
4.1 Drivers
4.1.1 Increasing Investment to Capitalize from Natural Resources - (Agriculture, forestry, mining, and power related industries)
4.1.2 Growing Demand from Construction and Food & Beverage Industries
4.1.3 Rising Demand from Transportation Sector
4.2 Restraints
4.2.1 Restrictions on Capital Outflows on Foreign Direct Investment
4.2.2 High Dependence on Import of Raw Materials
4.3 Opportunities
4.3.1 Increasing Demand For Bio-Degradable Plastics
4.3.2 Engineering Plastics Replacing Traditional Materials

5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Type
5.1.1 Polyolefins
5.1.2 Polystyrene (PS)
5.1.3 Polyethylene Terephthalate (PET)
5.1.4 Polyvinyl Chloride (PVC)
5.1.5 Polyurethane (PU)
5.1.6 Engineering Plastics
5.1.7 Bioplastics
5.1.8 Elastomers
5.1.9 Epoxy Resin
5.1.10 Expanded Polystyrene (EPS)
5.1.11 Fluoropolymers
5.1.12 Thermosetting Plastics
5.1.13 Thermoplastics
5.2 By Technology
5.2.1 Blow Molding
5.2.2 Extrusion Molding
5.2.3 Injection Molding
5.2.4 Other
5.3 By Application
5.3.1 Packaging
5.3.2 Films & Sheets
5.3.3 Pipes & Fittings
5.3.4 Tarpaulin
5.3.5 Industrial
5.3.6 Building & Construction
5.3.7 Transportation
5.3.8 Electrical & Electronics
5.3.9 Furniture & Bedding
5.3.10 Household
5.3.11 Others

6. Competitive Landscape
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players

7. Company Profiles (Overview, Financials**, Products & Services and Recent Developments)
7.1 Asia Plastic Factory
7.2 BASF SE
7.3 Continental Plastic Industry Co. Ltd
7.4 D&L Industries Inc.
7.5 DowDuPont
7.6 Far East Enterprise Co. Ltd
7.7 Lam Plastic Products Factory/ Diamond Drinking Water Factor
7.8 Lao-China Woven Plastic Sack Co. Ltd
7.9 Lao Coca-Cola
7.10 Laosamay Plastic Factory
7.11 Linglong Electrical Co. Ltd
7.12 Million Polyseal Industry Co. Ltd
7.13 Pikulthong Plastic Co. Ltd
7.14 Saysana Plastic Factory
7.15 SP Plastic Factory Ltd
7.16 Sumitomo Corporation Asia & Oceania Pte. Ltd
7.17 Tien Phong-smp Lao Plastic Pipe Factory
7.18 Viet Lao Plastic Export-Import Co.
*List not exhaustive

8. Disclaimer
**Subject to availability on public domain
Note: Product cover images may vary from those shown
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  • Asia Plastic Factory
  • BASF SE
  • Continental Plastic Industry Co. Ltd
  • D&L Industries Inc.
  • DowDuPont
  • Far East Enterprise Co. Ltd
  • Lam Plastic Products Factory/ Diamond Drinking Water Factor
  • Lao-China Woven Plastic Sack Co. Ltd
  • Lao Coca-Cola
  • Laosamay Plastic Factory
  • Linglong Electrical Co. Ltd
  • Million Polyseal Industry Co. Ltd
  • Pikulthong Plastic Co. Ltd
  • Saysana Plastic Factory
  • SP Plastic Factory Ltd
  • Sumitomo Corporation Asia & Oceania
  • Tien Phong-smp Lao Plastic Pipe Fac
  • Viet Lao Plastic Export-Import Co.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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