Thailand Flexible Packaging Market

SKU: DMPAC433 | Last Updated On: Oct 04 2022 | Available Formats

>Thailand Flexible Packaging Market Expected to reach a high CAGR By 2029:

Thailand Flexible Packaging Market By Packaging Form (Pouches, Bags, Wraps, Roll Stocks, Blister and Strip Packs, Others), By Raw Material (Plastics (Polyethylene, Polypropylene, Polyethylene Terephthalate, Polyvinyl Chloride, Others), Paper, Aluminum Foils, Others), By Application (Food & Beverage, Healthcare, Personal and Household Care, Others), and By Region – Size, Share, Outlook, and Opportunity Analysis, 2022-2029.

Thailand Flexible Packaging Market is expected to grow at a high CAGR during the forecasting period (2022-2029).

Thailand Flexible Packaging Market - Strategic Insights

Metrics

Details

Market CAGR

 High

Segments Covered

By Packaging Form, By Raw Material, By Application and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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  • Flexible packaging refers to a package or material made of flexible and easily yielding materials, that when filled or closed can be readily changed into multiple shapes. It is composed of plastics, papers, and metals as the critical components of flexible packaging products, which are made from foil, paper sheets, laminated paper, and plastic layers.

Drivers and Restraints

  • Flexible packaging products have the advantage to produce in various shapes and sizes at a low cost. It offers convenient features such as zip-locks and plastic closures. Due to their convenience and functionality, it is widely used in packaging food products. These are some of the factors propelling the market growth.

  • The flexible packaging market is impacted by the low rate of recyclability at the global level. Most of the plastic waste is mainly comprised of low-value plastic packaging items. However, Low-value flexible packaging materials are difficult to recycle, for reusing them in packaging. These are some of the factors restraining the market growth

Market Segmentation

By Packaging Form

  • By packaging form, the Thailand flexible packaging market is bifurcated into Pouches, Bags, Wraps, Roll Stocks, Blister, and Strip Packs.

  • Among all, flexible packaging bags have a significant demand from the food and beverage market with plastic being the is the most used material. Additionally, High growth in the retail and snacks market is driving the growth of the market.

By Raw Material

  • By the Raw Material, the Thailand flexible packaging market is segmented into Plastics, Paper, Aluminium Foils, and Multilayer.

  • Among all, the Plastic segment accounts for the largest market by value and volume owing to its properties such as High adaptable nature, easy to convert to any shape, highly flexible, durable quality.

  • However, increasing costs of the raw materials, increasing production costs, stringent regulations, and consumer preference towards the use of eco-friendly products are the major factors restraining the growth of the market

By Application

  • By the Application, the Thailand flexible packaging market is segmented into Food & Beverage, Healthcare, Personal and Household Care, and Others.

  • The Food & Beverage segment has one of the largest shares in Thailand's packaging industry, due to the increasing women workforce, changing lifestyles, altering food habits, and rising demand for convenient food products. Additionally, Increasing technological innovations, growing demand for convent packaging are some of the major driving factors for the Thailand flexible packaging market.

FAQ

What is the Thailand Flexible Packaging Market growth?

The market is growing at a High CAGR.

What is Thailand Flexible Packaging Market size in 2022

The Thailand Flexible Packaging Market size was valued at USD YY million in 2022.

Who are the key players in Thailand Flexible Packaging Market?

Huhtamaki Group, Prepack Thailand, Pongslip Plastic Company, Siam Flexible Company, Thug Hua Sinn, Sealed Air Co, Toppan Printing Co.

Trending Topics

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