Plastic Jerry Can Industry Analysis in Malaysia

Malaysia Plastic Jerry Can Industry Outlook from 2024 to 2034

Sales of plastic jerry cans in Malaysia are estimated to be valued at USD 252.7 million in 2024 and are anticipated to reach USD 347.3 million by 2034. Revenue in Malaysia is projected to rise at a CAGR of 3.2% through 2034.

In Malaysia, revenue generated by plastic jerry cans in 2023 was USD 242.5 million and is anticipated to exhibit a Y-o-Y growth of 4.2% in 2024. A combination of industrialization and growing demand for robust, lightweight, and cost-effective packaging solutions will spearhead this growth.

Plastic cans with a capacity of 20 to 25 liters capture around 50% of the industry share in the current year. This is because of the wide adoption of storing and transporting bulk materials.

Jerry cans are predominantly manufactured from HDPE because of robust strength and durability. The target segment is anticipated to record a CAGR of 3.4% during the assessment period.

High-density polyethylene is known for exceptional tensile strength, strength-to-density ratio, impact resistance, and melting point. These properties are tempting manufacturers to use this material for producing jerry cans.

Robust expansion of the manufacturing sector and growing demand for lightweight, cost-effective, and reusable packaging solutions are key growth drivers for plastic jerry can sector in Malaysia. Similarly, booming e-commerce and increasing chemical exports are anticipated to create opportunities for jerry cans and plastic container manufacturers in Malaysia.

Jerry cans are becoming ideal solutions for shipping hazardous and liquid materials because of high safety and protection features. The versatility of these cans for storing and transporting water, fuel, chemicals, and all kinds of bulk materials is increasing its adoption in Malaysia.

Plastic jerry cans are UN approved to be used for national and international trading. These are reusable, recyclable, long-lasting, and cost-effective, which makes these suitable for all kinds of applications. High adoption of these lightweight cans across several industries will likely improve Malaysia’s plastic jerry can industry size and share through 2034.

Leading plastic jerry can producers in Malaysia are innovating to develop more lightweight and cost-effective solutions. This will help manufacturers to gain a competitive edge over competitors.

Attributes	Description
Estimated Malaysia Plastic Jerry Can Industry Size (2024E)	USD 252.7 million
Projected Malaysia Plastic Jerry Can Industry Value (2034F)	USD 347.3 million
Value-based CAGR (2024 to 2034)	3.2%

Key Industry Highlights

Thriving Manufacturing Sector in Malaysia Generating Significant Demand

The growing manufacturing sector in Malaysia proves to be a significant booster for the jerry can industry. These cans play an essential role in storing and transporting various industrial chemicals, lubricants, oils, and other liquids and ensure efficient logistics in the expanding manufacturing sector.

In February 2023, Malaysia's Industrial Production Index (IPI) registered a growth of 3.6%, mainly driven by a considerable 4.9% increase in the manufacturing sector. The evolution of the manufacturing sector in Malaysia generates a significant need for reliable and durable jerry cans.

Plastic jerry cans are a cost-effective solution that is profitable for businesses and makes these an appealing choice for manufacturers. High adoption of these plastic packaging solutions will continue to boost sales growth in the country.

Malaysia is known for its export-oriented manufacturing industries, specifically in the electronics, automotive, and chemical sectors. The export-oriented industrial growth in Malaysia improved by 3.9% which is two-thirds of their manufacturing output.

Sectors like automotive and chemicals depend heavily on jerry cans. The demand for jerry cans in Malaysia is set to escalate, driven by high reliability, versatility, and compliance with storage and transportation needs.

Plastic Jerry Cans to Simplify Logistics and Improve Supply Chain Efficiency

Plastic jerry cans are emerging as a logistical breakthrough in the area of commercial operations. These address the spectrum of challenges that are faced in logistics and supply chains with the robust design and versatile functionality.

Plastic cans offer a streamlined solution for liquid and act as a portable reservoir, especially for chemicals and fuels. Commercial jerry cans meet the intricate requirements of transportation and storage, which is contributing to sales growth.

Plastic cans have robust construction to ensure the integrity of the products these contain and reduce the risks of liquid spillage and contamination. Industries such as agriculture, automotive, and construction are reliant on efficient supply chains, which pushes the usage of packaging solutions such as plastic cans.

Plastic jerry cans allow the seamless logistics and transport of the required materials and reduce concerns about reliability and availability. The products are available in standardized forms, which makes these convenient in the supply chain by allowing easy stacking and organization.

The standard size allows for optimizing the space capability and makes more efficient use of available space. Jerry cans are essential solutions for resolving the logistical complications faced by various industries because of the capacity to enhance mobility, safety, and organization.

Absence of Valves to Release Pressure and Inefficient Spouts in Jerry Cans

Jerry cans are not equipped with valves or spouts for releasing pressure generated by the accumulation of certain gasses. This feature is critical for storing flammable liquids, which can create a buildup of vapors, resulting in container expansion and leading to dangerous explosions.

2019 to 2023 Malaysia Plastic Jerry Can Sales Analysis Compared to Demand Forecast for 2024 to 2034

Plastic jerry can sales in Malaysia recorded a CAGR of 2.3% during the historical period. Total revenue in the country reached around USD 242.5 million at the end of 2023. This growth was mainly pushed by increased fuel and chemical transportation.

The outbreak of the COVID-19 pandemic resulted in a worldwide lockdown, and Malaysia was no exception. Industries and filling stations were closed to reduce the spread of the virus. This, however, generated significant demand for packaging solutions like jerry cans as these were increasingly used for transporting fuel and other chemicals.

Looking ahead, the future plastic jerry can outlook in Malaysia remains positive, with total value reaching USD 347.3 million by 2034. This growth is set to be mainly driven by the need for safe and bulk packaging solutions from various industries such as chemical, food, beverage, and agriculture.

Jerry cans are recyclable and reusable. This makes these an ideal choice for transportation and storage of bulk liquids, powders, and other viscous materials. High durability and cost-effective features make these the most attractive option for several industries.

Plastic cans are widely used in carrying materials such as petrol, diesel, and chemicals that can be hazardous as these meet the industry requirements and fulfill the government regulations. These are lightweight and sturdy, which makes these appropriate for logistical operations.

Escalating demand for chemicals such as paints, lubricants, oils, and petroleum products due to the expansion of the chemical sector is contributing to the adoption of plastic cans. Similarly, growing need for paints, inks, and dyes will likely create prospects for plastic jerry can suppliers in Malaysia.

Comparative Industry Overview

The section below compares two industries in the packaging division, namely, Vietnam plastic drum and Vietnam plastic jerry can industries. The information provided in the tables below would enable potential clients to make wise investment decisions and put efforts in the most beneficial zones.

Escalating demand from food and beverage will fuel the demand for plastic cans since these are reusable, safe, and convenient options for shipping and storage. The rising adoption of recycled and biodegradable plastic will open up expansion opportunities for plastic drum manufacturers.

Industries such as food, beverage, and pharmaceutical, and chemicals require convenient, safe, and quality rigid packaging solutions for use and transportation purposes. This is leading to a high demand for jerry cans in Vietnam.

Vietnam Plastic Drum Industry Assessment:

Industries like chemicals, food and beverage, construction, and fertilizers are witnessing significant growth in Vietnam. This, in turn, is set to uplift demand for plastic drums as these are often used for storing and transporting various materials in these sectors.

Plastic drums are becoming ideal alternatives to conventional metal drums due to lightweight, durability, corrosion resistance, and cost-effectiveness. High adoption of these plastic packaging solutions will boost sales growth in countries like Vietnam.

Attributes	Description
Related Industry	Vietnam Plastic Drum Industry
CAGR (2024 to 2034)	4.2%
Growth Factor	Surging demand for lightweight and cost-effective packaging solutions from diverse sectors.
Opportunity	Expansion of chemical and pharmaceutical industries.
Key Trend	Growing interest in recyclable and reusable packaging solutions.

Vietnam Plastic Jerry Can Industry Assessment:

Several sectors, including chemicals, food and beverage, pharmaceuticals, and agriculture, across Vietnam are increasingly using plastic cans. This is because the cans are more affordable than alternatives such as steel or fiber jerry cans and have the qualities of being lightweight and durable.

Attributes	Description
Related Industry	Vietnam Plastic Jerry Can Industry
CAGR (2024 to 2034)	3.6%
Growth Factor	Growing need for more convenient, lightweight, and safe packaging solutions from different industries.
Opportunity	Booming e-commerce and logistics sectors.
Key Trend	Surging demand for food-grade jerry cans with taps from the food, beverage, and chemical sectors.

Sub-region-wise Insights

The section below covers the future plastic jerry can industry forecast in sub-regions. Information on key sub-regions of the country, including Southern Peninsula, Northern Peninsula, East Coast, and others, is provided. Southern Peninsula is anticipated to remain at the forefront, exhibiting a CAGR of 4% throughout the forecast period.

The section below also aims to explore current trends in plastic jerry can industry across prominent sub-regions. This depicts key factors creating opportunities for plastic jerry can manufacturing companies.

Sub-region	CAGR 2024 to 2034
Southern Peninsula	4%
Central Malaysia	2.4%

Increasing Industrial Activities Fueling Demand in Southern Malaysia

Southern Malaysia is poised to exhibit a CAGR of 4% between 2024 and 2034, offering lucrative growth opportunities for leading plastic jerry can distributors in Malaysia. This is attributable to increasing industrial and agricultural activities in the region.

Southern Malaysia is witnessing rapid expansion of industries like chemicals, food and beverages, and agrochemicals. These industries often need safe and bulk packaging solutions, thereby fueling demand for plastic-based jerry cans in the sub-region.

Plastic cans provide a secure and reliable way to store and transport liquids such as chemicals, pesticides, oils, and fertilizers. As the demand for these products continues to increase in Southern Malaysia, so will sales of jerry cans made of plastic.

Central Malaysia to Present Lucrative Opportunities to Manufacturers

Central Malaysia is contributing significantly to the increasing demand for plastic jerry cans. Urbanization and population growth are highly impacting the consumption patterns of plastic cans in the region.

Escalating demand for various consumer goods and a high concentration of businesses are influencing sales growth in the region. Central Malaysia has a vibrant retail sector with an increasing number of supermarkets, hypermarkets, and convenience stores. The growth of the retail sector in the region is expanding the industry forward.

Robust E-Commerce Growth Propelling Sales in Northern Peninsula

Sales in the Northern Peninsula are projected to rise steadily during the next ten years. This will create lucrative growth opportunities for jerry can companies in Malaysia.

Multiple factors are set to stimulate growth in Northern Peninsula through 2034. These include growing fuel and chemical transportation, booming e-commerce and logistics, and increasing preference for plastic packaging.

Expansion of transportation networks in the region is creating demand for packaging solutions. Similarly, growth of e-commerce is leading to increasing plastic jerry can demand as these are often used to deliver liquids to customers safely.

Category-wise Insights

The section contains information about the leading segments. The HDPE jerry cans segment is estimated to account for a share of 86.2% by 2034. Based on capacity, the 20 to 25-liter category is projected to hold a dominant value share of 55.8% in 2034.

HDPE Cans to Witness Surging Demand in Malaysia due to High Versatility

Segment	HDPE (Material)
Value Share (2034)	86.2%

Plastic jerry can manufacturers in Malaysia often prefer HDPE for manufacturing new products. This is due to its excellent properties, including versatility, high strength, corrosion resistance, lightweight, and cost-effectiveness.

Sales of HDPE jerry cans in Malaysia are anticipated to increase at 3.4% CAGR during the forecast period. Further, the target segment is set to hold a value share of 86.2% in 2034.

HDPE jerry cans have become suitable for transportation and shipping of various materials owing to high molecular weight and density. The inertness and resistance to different PH levels make these suitable for a variety of hazardous and non-hazardous chemicals.

Jerry cans made from HDPE have the tendency to withstand bumps and general wear and tear due to the high strength-to-weight ratio. As a result, these are becoming ideal for transporting several liquids.

HDPE also offers excellent chemical and temperature resistance. These combined properties make HDPE the ideal choice for manufacturing robust, long-lasting, and versatile jerry cans that can safely store and transport a variety of liquids.

20 to 25 Liter Jerry Cans Remain Popular in Malaysia

Segment	20 to 25 Liter (Capacity)
Value Share (2034)	55.8%

Plastic jerry cans having a capacity of 20 to 25 liters are prominently used in Malaysia because of portability and convenience. Medium-size jerry cans are preferred as these are easy to transport and easily stackable.

Medium jerry cans are ideal for low quantity requirements. The convenience and portability offered by these jerry cans contribute to segment’s growth.

Demand for 20 to 25 liter jerry cans in Malaysia is anticipated to surge at 4.5% CAGR throughout the forecast period. By 2034, the target segment is projected to account for a revenue share of 55.8%.

Competition Outlook

The plastic jerry can industry is becoming competitive, with key plastic jerry can players in Malaysia accounting for significant shares. Several strategies, including new product launches and innovative facility establishments, are adopted by leading producers of plastic jerry cans in Malaysia to succeed.

Sustainability is becoming a key agenda of jerry can manufacturers, prompting to use recycled materials in new products to woo eco-conscious customers. Several companies are also innovating to develop jerry cans that are more efficient, durable, or stackable.

Key players are concentrating on locally manufacturing jerry cans to reduce costs associated with transportation and import duties. This will help companies to offer competitive prices to customers in Malaysia.

Several recent innovations in plastic jerry can sector are prompting companies to rethink and change existing strategies accordingly. For instance, the lightweight trend is encouraging leading companies for plastic jerry can production in Malaysia to optimize the design and material composition of new products.

Industry Updates

• In March 2024, Grief, Inc., headquartered in the United States, completed acquisition of Ipackchem Group SAS. This will help the company to further grow as a global leader in high-performance jerry cans and strengthen presence in Malaysia, India, Thailand, and other nations.
• In April 2024, Grief Malaysia announced the establishment of a new IBC manufacturing facility in Malaysia to strengthen the global presence.

Leading Plastic Jerry Can Brands in Malaysia

• Can-One Berhad (Aik Joo)
• T-Venture Industries (M) Sdn.Bhd
• Gaia Plas Sdn Bhd
• Ralco Corporation Bhd
• Gold Bell Industries Sdn. Bhd.
• Medicplas Industries Sdn Bhd.
• Singa Plastics Limited. (UNITED PLASTICS SDN. BHD.)
• Polytainer
• Mapo Industries Sdn Bhd
• Kinoro Engineering & Services Sdn. Bhd.
• Greif Inc.
• Medicplas Enterprise
• Mitsu Chem Plast Ltd
• A-Pack Marketing Sdn Bhd
• Kumaran & Company Sdn Bhd

Key Segments of Industry Report

By Material:

On the basis of material, the industry is segregated into HDPE, PP, PVC, and PET.

By Capacity:

In terms of capacity, the report is divided into below 20 liters, 20 to 25 liters, and above 25 liters.

By End-use:

Few of the leading end-users of plastic-based jerry cans include oleo chemicals, agrochemicals, industrial chemicals, pharmaceuticals, food and beverages, flavor and fragrances, petroleum and lubricants, and others (home care and personal care).

By Sub-region:

Malaysia is further categorized into Northern Peninsula, Southern Peninsula, Central, East Coast, and East Malaysia. All these sub-regions are covered in the industry analysis.

Frequently Asked Questions

How big is the plastic jerry can industry in Malaysia?

Sales in Malaysia are estimated to total USD 252.7 million in 2024.

What is the future of Malaysia industry?

Demand in Malaysia is set to record 3.2% CAGR by 2034.

What is the predicted industry value for 2034?

Revenue in Malaysia is anticipated to total USD 347.3 million by 2034.

Which sub-region will showcase high CAGR?

Southern Peninsula is set to record a CAGR of 4% by 2034.

Who are the key plastic jerry can manufacturing companies in Malaysia?

Can-One Berhad and T-Venture Industries (M) Sdn Bhd.

What is the price of plastic jerry cans in Malaysia?

A 5-liter HDPE jerry can cost around RM 2.5 in Malaysia.