Kenanga Research said waste management is the biggest concern in the plastics packaging industry.
PETALING JAYA: Order recovery visibility remains cloudy amid subdued external demand and cautious client replenishment for the plastic packaging industry.
Kenanga Research said the valuation pullback seen across the companies stemmed from persistent headwinds including global trade uncertainties, rising regional competition and unfavourable foreign exchange movements, as it anticipated the ringgit to further strengthen against the US dollar in 2026.
