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The Singapore Plastic and Rubber market is a thriving sector, driven by diverse industries like packaging, automotive, construction, and consumer goods. Its strategic location as a global trading hub has further boosted the demand for plastics and rubber products. The market is expected to reach USD 7.5 billion by 2028.
The Singapore government is a major player, driving demand through its procurement of plastic and rubber products. This spans medical supplies, construction materials, packaging solutions, and more. In 2022, government procurement alone contributed over $500 million to the market.
The government procures a wide range of plastic and rubber products, such as:
Packaging materials
Medical equipment
Construction materials
Automotive components
Electrical and electronic components
Waste management solutions
Top Authorities for Singapore Plastic and Rubber Procurement are:
Government Procurement Office (GPO): Responsible for overseeing all government procurement activities.
Ministry of Trade and Industry (MTI): Develops policies and regulations for the plastic and rubber industry.
Public Utilities Board (PUB): Procures water and sanitation-related plastic and rubber products.
Land Transport Authority (LTA): Procures transport-related plastic and rubber products.
Some of the top companies that have won Singapore government contracts for plastic and rubber products include: Singapore Packaging Industries Pte Ltd
Tiong Hin Plastic Industries Pte Ltd
Rex International Holdings Ltd
Tri-Union Engineering Pte Ltd
Kian Ho Plastic Industries Pte Ltd
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