Malaysia Plastic Tenders

Malaysia's plastic and rubber market is thriving, valued at USD 905.2 million in 2022 and projected to reach USD 964.0 million in 2023. This growth reflects a 7.6% CAGR, fueled by strong demand in various sectors like construction, automotive, and healthcare.

The Malaysian government actively procures various plastic and rubber products and services for its diverse needs. This includes items like medical gloves, road safety equipment, building materials, and packaging solutions.

Top Procured Products and Services are:
Essential Supplies: The government primarily procures essential plastic and rubber products such as:
Medical gloves: Used in hospitals and healthcare facilities across the country.
Rubber boots and gloves: Essential for safety and protection in various industries.
Building materials: Pipes, hoses, and other plastic and rubber components used in construction projects.
Packaging solutions: Plastic bags, containers, and wraps for various government departments and agencies.

Several government agencies oversee the procurement of plastic and rubber products and services. These include:
Ministry of Finance: responsible for overall budget allocation and procurement guidelines.
Public Works Department: procures materials and services for infrastructure projects.
Ministry of Health: responsible for medical supplies and equipment procurement.

Numerous companies compete for government contracts in the plastic and rubber sector. Some of the leading winners include:
Top Glove Corporation: a major player in the medical glove market.
Hartalega Holdings Bhd: another prominent manufacturer of medical gloves.
Karex Bhd: a leading producer of condoms and other rubber products.
Boustead Holdings Bhd: diversified conglomerate with interests in the plastic and rubber industry.

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