The FMCG (Fast-moving Consumer Goods) industry in Malaysia is a critical contributor to the country's economy, supporting consumption and creating employment opportunities. As of 2022, the industry accounts for 13.2% of Malaysia's GDP and employs over 1 million workers, making up 8% of the total workforce in the country. Malaysia's growing middle class, coupled with its strategic location and strong infrastructure, has made it an attractive market for FMCG companies looking to expand their operations in Southeast Asia. In this article, we will explore the key statistics, factors contributing to the industry's growth and success, each industry's growth and comparison to previous years, key trends including technological disruptions, challenges, and future outlook of the FMCG industry in Malaysia.
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FRASER & NEAVE HOLDINGS BHD (F&N)
802
+60 3-2783 9299 cosec@fn.com.my
Fraser & Neave Holdings Bhd (F&NHB) is a Malaysian-incorporated and Shariah compliant company listed on Bursa Malaysia’s Main Board. The Group has an annual turnover of RM4 billion from its core businesses in the manufacture, sales and marketing of beverage, dairy and food products. With a rich heritage spanning 140 years, F&NHB is today synonymous with quality and halal products that are trusted by generations. F&NHB boasts a portfolio of brands which are leaders in many segments such as; 100PLUS, F&N Fun Flavours, F&N SEASONS, OYOSHI, F&N Magnolia, FARMHOUSE, F&N ICE MOUNTAIN; Condensed and Evaporated Milk under F&N, TEAPOT, Gold Coin, Cap Junjung, IDEAL and CARNATION brands; as well as NONA brand of ketupat and sauces. The Group’s subsidiary, Cocoaland, is also the largest gummy candy producer in Malaysia with its flagship Lot 100 brand. F&NHB is a constituent of FTSE4Good Bursa Malaysia (F4GBM) and F4GBM Shariah Index. The Group employs about 4,000 people across its operations in…
GREATECH TECHNOLOGY BERHAD
580
+60 4-646 3261 info@greatech-group.com
In response to growing markets and increasing competition, Greatech offers automation solutions in various industries in order to meet customer productivity challenges, improve on return on investment and cost effectiveness. Our design & engineering specialists are committed to develop the best possible automation solutions and use its competent capabilities to serve the sophisticated automation systems needs of multinational customers in this industry. Besides that, we have in-house manufacturing facility complete with precision machine shop, sheet metal fabrication shop, engineering facility and system assembly space. We are positioned and committed to serve the global customers with innovative, cost effective solutions and support.
ETIKA GROUP OF COMPANIES
324
+65 6865 0333 customercareline@etikaholdings.com
ETIKA - the only fully integrated Halal beverage company to offer all categories of beverages in the Malaysian market across 18 brands, making us a one-stop beverage partner of choice. At Etika, we recognise that our continued competitiveness is derived from our core competencies, supported by leading-edge performance standards and practices. Our Vision – “Happiness Made Simple” has been established to attract, engage, develop and reward our talents in order to deliver on more cohesive organizational objectives as well as driving high organizational performance. We are honoured to have won the following awards: 2019 Human Resources Excellence Awards - Excellence in Change Management (Silver); Excellence in Learning and Development (Bronze) 2019 Asia Recruitment Awards - Most Successful Recruitment Referral Scheme (Silver) 2019-2020 Employer Branding Awards - Asia’s Best Employer Brand and Best Employee Referral Program Today, Etika Group continues to make in-roads with its strong…
CTRM AERO COMPOSITES
776
+60 6-317 1007 info@ctrm.com.my
The pursuit of excellence has been the impetus and the driving force of our operation. From serving regional customers to being the strategic partners of choice for some of the most recognized aerospace brand in the world, this relentless pursuit of excellence has paved the way for CTRM to be a leading global player in composites and aerospace industry. For our partners, we strive to offer competitive, timely, and cutting-edge solutions that realized their aspirations. We invite you to explore our site and discover more of our excellence driven approach to solutions.
QDOS FLEXCIRCUITS
170
+60 4-642 0000 info@qdos.com.my
Since its establishment in 1994 and the expansion to a larger plant in Penang in 2000, Qdos has emerged as a pioneer and fully integrated manufacturer of Flexible Printed Circuits (FPC) in Malaysia. The company provides a full range of support and services from circuit design, proto-type fabrication and mass production up to flex assembly. As a premier world-class flexible PCB manufacturer, QDOS has achieved its Quality-Standards from ISO 9001:2000 & TS-16949 and ISO 14001:2004. We also obtained recognition from customers for the UL Certifications, Sony Green Partnership, Canon Green Procurement and IPC membership. Qdos is part of a KLSE main board listed conglomerate, Suiwah Corporation Bhd. With continuous support from the Board of Directors, shareholders, employees and our valued customers throughout the years, Qdos has earned itself a reputable track record and also valuable partnerships with leading global manufacturers of telecommunications, consumer electronics, automotive, com…
SKRINE
224
+60 3-2094 3211 bdcsupportteam@skrine.com
Skrine is one of the largest legal firms in the country, with a sterling global reputation, and a wide range of highly-regarded practice groups. The firm is currently led by 48 partners with over 110 lawyers. Skrine is the exclusive Malaysian member of Lex Mundi, a network of leading independent law firms in over 160 jurisdictions around the world and the Pacific Rim Advisory Council, a network of 30 top tier independent member law firms. The Firm has been named as the Malaysia Law Firm of the Year 2019 by Benchmark Litigation; Malaysia Law Firm of the Year in 2015 and 2020 by Chambers Asia Pacific; Malaysian Firm of the Year 2013 - 2020 by Who’s Who Legal; ranked as Leading Firm by Chambers Asia Pacific 2011 - 2021; ranked as Top Tier Firm by Legal 500 Asia Pacific from 2014 - 2021; recognised as leading international arbitration firm since 2012 by Global Arbitration Review (GAR) 100 and have been named as Malaysian Firm of the Year for 2014 - 2016 by Managing Intellectual Propert…
XEPA-SOUL PATTINSON (MALAYSIA) SDN BHD
241
+60 6-335 1515 biz@xepasp.com
Xepa-Soul Pattinson (M) Sdn Bhd: A leading pharmaceutical manufacturing enterprise in Malaysia. Founded in 1967 in Singapore, Xepa has grown and evolved at the cutting edge of the pharmaceutical industry. From our modest early years when Xepa Laboratories Pte. Ltd. produced a limited range of pharmaceutical products in a small flatted factory, we have relocated twice, to larger manufacturing plants in Malacca, Malaysia. Today, Xepa is the leading manufacturer of off-patent pharmaceuticals in Malaysia. What we do Xepa aims to be the first to introduce off-patent pharmaceuticals to Malaysia and our regional markets. To this end, our laboratories develop products – formulating, designing and validating – that are then manufactured to exacting standards. From there, our marketing team researches, brands, positions, promotes and handles sales of our products to private and government-run pharmacies, clinics and hospitals, within Malaysia and across regional markets.
JAKEL TRADING
338
+60 3-2615 0778 info@jakel.my
In 1985, JAKEL opened a branch in Segamat, Johor. With additional capital of RM500,000, we expanded to increase our presence in retail and expand the supply of textiles to the Government Agencies and Private Suppliers. The business continued to grow despite the economic turmoil that swept around the year 1997. JAKEL has changed the perception of the Bumiputera community, especially in the textile business, previously monopolized by foreign nations, but is now led by Bumiputera. Aimed at opening one branch in each state, JAKEL now has 16 branches throughout the country to provide the best fabric choices to meet the needs of Malaysian society.
EASTERN PRETECH (MALAYSIA) SDN. BHD.
166
+65 6832 9500 info@easternpretech.com
Eastern Pretech is the regional leader in precast concrete products and prefabricated bathroom units. With over 40 years our experience, our industrially manufactured structural and architectural products revolutionize the traditional building trades to achieve speed and quality at competitive pricing. Eastern Pretech has a very strong international background and profound local business knowledge. Our proven track record in Malaysia and the region includes more than 3,000 number of prestigious building and infrastructure projects. Our product and service offerings lie in the principle of transferring works at site to a controlled factory environment equipped with automated facilities to enhance consistency in quality and cost-effective products.
CONCORD CORPORATION PTE LTD
80
+60 7-352 1242 recruit@cepl.com.sg
With a modest start-up as an electrical installer/sub-contractor in 1984, Concord has established a market reputation with its commitment in quality, on-schedule completion and guaranteed performance. We provide design engineering, procurement, project management, installation, test & commissioning, and maintenance for all spectrum of electrical and instrumentation projects in power distribution, signaling and communication system and have demonstrated our capability and commitment to meet customers’ requirements. Our key focus is in rail/transportation infrastructure, power, petrochemical and pharmaceutical plants. With more than 30 years of experience and continuous cultivation, we possess an invaluable asset of experienced and dedicated project management, engineers, technicians and skilled workforce with presence in Singapore, Malaysia, Dubai, Doha and Macau. The management principle is driven by our policy to consistently improve our service quality and to add value to our custo…
EMERY OLEOCHEMICALS
485
+60 3-3322 3670 global.office@emeryoleo.com
Emery Oleochemicals is a leading global specialty chemicals manufacturer. We provide formulators and manufacturers with best-in-class renewable solutions recognized for their ability to improve processing efficiencies, deliver outstanding technical performance and enhance environmental safety. Headquartered in the United States of America, our name Emery Oleochemicals has its roots in a rich history that began over 180 years ago in Cincinnati, Ohio, USA, when Thomas Emery Sr. began making candles from tallow. This started a sustainable business model that today, involves making high-performance specialty chemicals predominantly derived from natural oils and fats. Using pioneering and proprietary technology, in-depth market insights and superior technical knowledge, we are able to customize our products to specific application needs in many high-growth sectors such as plastics, automotive, industrial lubricants, electronics, building and construction, food and beverage, furniture and …
GCB COCOA
174
+60 7-251 1711 info@gcbcocoa.com
Guan Chong Berhad was incorporated in Malaysia as a public company on 22nd March 2004 and listed on Main Market of Bursa Malaysia on 8th April 2005. Since its incorporation, GCB has grown steadily and is now the worlds 4th largest manufacturer of cocoa-derived food ingredients, namely cocoa mass, cocoa butter, cocoa cake and cocoa powder. GCB is the investment holding company, which started with 3 subsidiaries namely, Guan Chong Cocoa Manufacturer (GCCM), Guan Chong Trading (GCT) and Enrich Mix (EM). Since then, the group has extended its footprint globally, and now have presence in Asia, Europe, North America and Africa. For any queries, contact us at info@gcbcocoa.com
KWANTAS GROUP OF COMPANIES
96
+60 88-486 777 info@kwantas.com.my
Who we are? Kwantas Group (Kwantas) is a Malaysia-based multinational company founded in 1995. It is amongst the well-known plantation companies in East Malaysia, Sabah. In 1996, Kwantas was listed on Main Market of Bursa Malaysia Securities Berhad(formerly known as Kuala Lumpur Stock Exchange) Our Vision: To be the recognized integrated global oil palm group of choice Our Mission: Strive towards Quality and Excellence without compromise Our Core Values: -Proactive and Promptness -Teamwork -Commitment and follow through -Integrity -Innovativeness -Loyalty Our Business: Plantations, palm oil mil, resource-based manufacturing (including refinery, kernel crushing plant, oleochemical, glycerine plants), bulking installation, marketing and trading and consumer products. Company Location: Kota Kinabalu- Headquaters Lahad Datu- Regional Office Sibu, Sarawak- Regional Office Guangzhou- (China) Zhangjiagang -(China)
STENTA GROUP
100
+60 3-8924 3388 enquiries@stentafilms.com
Though the world is observing social distancing. Our business is still standing by your side. Stenta Group of companies: Stenta Films and Stenta Multifilms, are suppliers to the food, rice, water, beverages, medical gloves, pharmaceutical and FMCG industries. As such our Group is considered an essential business and key supply chain player. We are continuing with operations whilst complying to Health Ministrys guidelines and MITIs regulations for the safety of employees. Our working from home team is ever ready to help our existing and new customers. Just give us a call or send an email to us and our team will be at your service : enquiries@stentafilms.com
MALAYSIA AUTOMOTIVE, ROBOTICS AND IOT INSTITUTE (MARII)
94
+60 3-8318 7742 info@marii.my
The Malaysia Automotive, Robotics and IoT Institute (MARii) - formally known as the Malaysia Automotive Institute (MAI) - is an agency under the Ministry of International Trade and Industry (MITI). MARii serves as the focal point, coordinating centre and think tank towards enhancing the competitiveness of the automotive industry and overall mobility, through adoption of robotics & IoT.
KLIQXE
44
+60 12-427 0014 keith.cochrane@kliqxe.com
We are a Salesforce and Mulesoft partner with a focus on the Manufacturing Industry and eco-System. With a presence in Asia and EMEA, we wake up everyday with the goal of improving customer experiences and guiding our clients through digital transformation and continuous improvement.
AAF ASIA (AMERICAN AIR FILTER)
84
+60 3-5039 7777 customerservice@aafasia.com
AAF International is a prominent global brand and trusted air filtration products and solution provider for almost 100 years. We are constantly growing from 22 manufacturing and R&D facilities worldwide. Expanding our regional presence in America, Europe, Asia, Oceania and Middle East providing localized service addressing each regions unique environmental conditions and requirements. We manufacture different types of air filter products ranging from pre-filter, HEPA, ULPA, gas and particle filters and providing top-notch innovative air filtration solutions that is continuously evolving to address tougher environmental challenges.
DRB-HICOM BERHAD
663
+60 3-2052 8000 info@drb-hicom.com
DIVERSITY IS OUR STRENGTH Over the last three decades, with the staff strength of more than 60,000 people, the DRB-HICOM Group has evolved to emerge as one of the important engines of growth for the nation. Our business span across three core sectors, namely the AUTOMOTIVE DISTRIBUTION & MANUFACTURING, PROPERTY, ASSET & CONSTRUCTION as well as SERVICES. We are able to actively create synergies as we form strategic alliances with respectable global brands. At DRB-HICOM, our growth and expansion plans have always been in tandem with creating mobility and employability for our talents and leaders. It allows them to acquire various work experiences across a portfolio of diversified businesses. In line with our development, we provide the platform for dynamic talents with the tenacity to take on challenges and are performance-driven to excel and forge ahead in their careers. For more info on career opportunities, please do visit our Group Talent Acquisition LinkedIn page :- https://m…
MANDRILL TECH SDN BHD
63
+60 3-2780 7018 hello@mandrill.com.my
Mandrill Tech is a digital transformation powerhouse specializing in developing financial technology applications that cover domains such as banking and finance solutions, payment gateway solutions, corporate billing and settlement systems, manufacturing automation, and medical solutions. We assist clients in automating and digitizing their business processes, reducing daily manual overhead by delivering innovative cloud-based solutions that promote business growth. As a strategic technology partner to you, we want your business idea to be materialized and your startup to reach its highest potential on the growth and market acquisition. We offer all you need, from comprehensive technology consultation, go-to-market plan & execution, up to providing the reliable technical resource team.
SWAP ASIA
88
+60 3-7940 2888 lets@swap-asia.com
Swap Asia represents the regions leader in Value-Add Services focusing on creating values in the end-to-end device lifecycles for carriers and manufacturers. Our core DNA has always been to assist our partners to deepen their relationship with every customers life using data-driven products and platforms. Reducing their financial exposure and maintaining their position as the market leader in the industry. We make it easier for you to focus where it matters, your customers.
Top Fmcg Manufacturing Companies in Malaysia
Factors Contributing to Growth and Success
The Malaysian government has played a significant role in the growth and success of the FMCG industry. The government has introduced several initiatives to promote the growth of the industry, including the implementation of tax incentives for the establishment of new manufacturing plants and the liberalization of foreign investment in the industry. Additionally, the government has introduced policies to promote the development of a skilled workforce, through initiatives such as the National Occupational Skills Standard.
Each Industry's Growth and Comparison to Previous Years
The FMCG industry in Malaysia comprises several sub-sectors, including food and beverage, personal care, household care, and tobacco. In 2022, the food and beverage sector has shown significant growth, with an increase in sales revenue by 4.7% compared to the previous year. The personal care sector has also shown growth, with an increase in sales revenue by 3.9% compared to the previous year. However, the household care and tobacco sectors experienced a decline in sales revenue by 0.6% and 1.2%, respectively, compared to the previous year.
Key Trends Including Technological Disruptions
The FMCG industry in Malaysia has been undergoing a transformation through the adoption of new technologies such as e-commerce and digital marketing. These technologies can help to improve the efficiency of supply chain management, reduce costs, and improve the customer experience. The government has introduced several initiatives to promote the adoption of these technologies, such as the National eCommerce Strategic Roadmap and the Digital Free Trade Zone.
Challenges
Despite the growth and success of the FMCG industry in Malaysia, there are several challenges that the industry faces. One significant challenge is the need to address changing consumer preferences and behavior, particularly with the rise of health and wellness trends. Additionally, the industry is also facing challenges related to the need for a skilled workforce and the need to address environmental concerns related to packaging waste and the impact of manufacturing processes on the environment.
Future Outlook
The future outlook of the FMCG industry in Malaysia remains positive. The government has introduced several initiatives to address the challenges facing the industry, including the development of policies to promote the adoption of new technologies and the establishment of training and development programs to develop a skilled workforce. Additionally, the government has also introduced policies to promote sustainable manufacturing and packaging practices.
Looking forward, the FMCG industry in Malaysia is expected to continue to adapt to changing consumer preferences and embrace new technologies to remain competitive in the global marketplace. The adoption of new technologies such as e-commerce and digital marketing, as well as the development of a skilled workforce, are expected to drive further growth and transformation in the industry. Additionally, the promotion of sustainable manufacturing and packaging practices will be important factors in driving the industry's success in the future.
Conclusion
In conclusion, the FMCG industry in Malaysia is a critical contributor to the country's economy, supporting consumption and creating employment opportunities. The government's commitment to promoting the growth and development of the industry, along with the adoption of new technologies and sustainable manufacturing practices, will be critical factors in driving the industry's success in the future. With continued government support and industry innovation, the FMCG industry in Malaysia is poised for further growth and transformation in the years ahead.
As the FMCG industry in Malaysia continues to grow and evolve, companies operating in this sector must remain vigilant of emerging trends and shifts in consumer behavior. The rise of e-commerce, mobile technologies, and social media has transformed the way consumers engage with brands and make purchasing decisions. To remain competitive, companies must adapt to these trends and embrace new technologies to improve their marketing, distribution, and supply chain operations.
Furthermore, the industry must address environmental concerns related to packaging waste and the impact of manufacturing processes on the environment. The adoption of sustainable manufacturing and packaging practices is not only a social responsibility but can also be a competitive advantage, appealing to consumers who are increasingly conscious of the environmental impact of their purchasing decisions.
Overall, the FMCG industry in Malaysia is a vibrant and dynamic sector of the economy, playing a critical role in driving consumption and employment growth. With continued government support, the adoption of new technologies and sustainable manufacturing practices, and a focus on addressing changing consumer preferences, the industry is well-positioned to continue its growth trajectory in the years ahead.