Turnover in the packaging industry of Indonesia stood at around IDR 50 trillion (approx. USD $3.8 billion) in the first three quarters of 2016, flat from turnover generated in the same period one year earlier. Ariana Susanti, Director of Business Development at the Indonesian Packaging Federation (FPI), said turnover in the industry grew in Q1-2016 but was under pressure in the following two quarters. Overall, the situation is still better in 2016 compared to 2015 when - amid sliding economic growth and bleak purchasing power - turnover fell.

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Dwi Aneka Jaya Kemasindo, a listed packaging company, announced it has postponed its plan to purchase one packaging company and one retail stationary company until 2016 due to current weak economic conditions. Earlier this year, Dwi Aneka Jaya Kemasindo had been in talks to acquire the packaging company for a price of IDR 125 billion (USD $8.6 million) and the retail stationary company for IDR 225 billion (USD $15.5 million).

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