Panca Budi Sets Ambitious Sales Target for 2026

Maintaining Market Leadership

PT Panca Budi Idaman Tbk (PBID), a leading player in Indonesia's plastic packaging industry, has set a sales growth target of 10% for 2026. The company currently holds a significant market share of 33-35% in the national plastic packaging market. According to Lukman Hakim, Director and Secretary of the company, maintaining market share remains a top priority alongside driving sales growth.

Strategic Focus Areas

To achieve its growth targets, PBID is focusing on several key strategic areas:

1. Market Expansion: The company is looking to expand its market reach while maintaining its current customer base.
2. Quality Improvement: Enhancing product quality remains a crucial element in maintaining customer satisfaction and market position.
3. Innovation: Continuous innovation in product development and packaging solutions is essential to stay competitive.
4. Operational Efficiency: Improving operational efficiency is key to maintaining profitability while expanding sales.

Growth Strategy

Lukman Hakim emphasized that the company's strategy is centered around maintaining its market share while growing sales. The 10% growth target for 2026 is considered moderate and aligns with the company's projections for 2025. This approach indicates a balanced strategy between expansion and stability, reflecting a cautious yet optimistic outlook on market conditions.