Sustainable packaging: towards a circular economy in the Asian market Packaging Market in Thailand report offers insight into key trends and developments in the industry. is highly honored from being able to settle the best flexible packaging solution to customers. Accordingly, specialized packaging specifically for e-commerce is trending. Clear Pack (Thailand) Company Limited. [email protected] 44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ|. By 2024, the Asia Pacific aseptic packaging market is estimated to produce a revenue of US$31,488.9 million, generating 39.1% of the global demand. ROCKVILLE, MD-- - MarketResearch.com has announced the addition of Packaging Industry Outlook in Thailand: Market Size, Key Trends, Drivers and Challenges to 2016," to their collection of . Research the industry and its top performing companies. The Fresh Food Packaging market is projected to witness a compound annual growth rate of 4.20% to grow to US$112.789 billion by 2026, from US$84.562 billion in 2019. Food Innovation And Packaging Center - - WorldPlaces Packaging in Thailand - marketpublishers.com Food products are packed using several materials to protect them from adverse environmental conditions such as weather adversities, pollution, dust, etc. The machines take care of entire operation ranging from filling, packaging to storing. It was followed by non-alcoholic beverages industry with share at 38.6%, respectively. The global food packaging market size was valued at USD 346.5 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2030. Get in-depth details about factors influencing the market shares of the important regions like United States, Asia-Pacific, United Kingdom, France & Germany? Thailand Packaging Industry - Trends and Opportunities - ReportLinker Over the forecast period to 2024, it is expected that the pharmaceutical market will reach a value of USD6.9bn, undergoing a compound annual growth rate (CAGR) of 3.1%. BANGKOK, March 10, 2021 - According to the IDC Worldwide Quarterly Industrial Printer Tracker, label and packaging product of industrial printer tracker showed significant growth in the 2020H2 period by 88.9% recover from 2020H1, -50 declined semi annual. . Smithers latest market report, 'The Future of Global Packaging to 2024' forecasts the global packaging market value will increase from $917 billion in 2019 to $1.05 trillion by 2024, with a compound annual growth rate (CAGR) of 2.8%. This growth can be largely attributed to strong household consumption, despite tough momentarily economic conditions owing to COVID-19 pandemic, reflecting strong level of disposable incomes. Packaging Industry in Thailand - GII The report also examines trends and prospect for various pack types and closures: metal packaging, rigid plastic, glass, liquid cartons, paper-based containers; flexible packaging. Top 5 Flexible Packaging Companies in Thailand - Logospack In 2020 forecasts show that the market might grow by 4.5%, reaching a value of USD6.4bn. The limiting factor for the growth of the barrier packaging market is its susceptibility to degradation, recycling problems and cost. Fresh food Packaging Market Report: Industry Share, 2021-2026 EVOH, also termed as Ethyl Vinyl Alcohol Copolymer, is a high oxygen barrier material which is widely used for the perishable food packaging applications. The Bottom Line: There is a huge potential for Food, Cosmetic, Pharma Industries in the Thailand market as per the recent trends. Thai (SET) Packaging Industry Analysis. The packaging sector in Thailand is expected to reach 74.5 billion units by 2024 at a compound annual growth rate (CAGR) of 2.7% for the forecast period of 2019-2024, according to new GlobalData report, 'Thailand Packaging Industry - Trends and Opportunities'. Rigid plastics was the most consumed pack material in Thailand . The COVID-19 pandemic saw the Thai authorities implement strict alcohol consumption laws - with the sale of alcohol temporarily prohibited in restaurants. Food industry characterized the most use of packaging in Thailand and accounted for 44.9% market share. Thailand Flexible Packaging Market Size Study with Top Countries Data The expanding size of key application industries including food and beverages, pharmaceuticals, personal and household care, and growing penetration of organized as well as . Based on our analysis, the global market exhibited a huge growth of 6.3% in 2020. Thai (SET) Packaging Industry Analysis - Simply Wall St The report revealed that the sector is majorly driven by . Address: Quality Box and Display Co.,Ltd. Mordor Intelligence Pvt Ltd. (Sales Office) Modern Town 87/48 3rd Floor Soi Ekkamai3, Soi Sukhumvit 63, Klong tan nua, Watthana, Bangkok 10110, Thailand. Global Ampoules Packaging Market, By Material (Glass and Plastic), End-Users (Pharmaceutical, Personal Care and Cosmetic, Other End-user Industries) - Industry Trends and Forecast to 2029. The economic growth in Thailand has resulted in the production and consumption of flexible packaging products that have increased steadily over the years. Some bars. Opportunities for the Pet Food Packaging Market in Thailand Content info: 187 Pages. Thailand Folding Carton Packaging Market - Mordor Intelligence The report also examines trends and prospect for various pack types and closures: metal packaging, rigid plastic, glass, liquid cartons, paper-based containers; flexible packaging. Food Innovation And Packaging Center: The Thai flexible packaging market was valued at USD 4,268.2 million in 2021, and it is expected to reach USD 6,029.9 million by 2027, registering a CAGR of 6.20% over the forecast period (2022-2027). 1405.73 million in 2019 and is expected to reach USD 2283.4 million by 2025, registering a CAGR of 8.42%, during the period of 20202025. Among all, flexible packaging bags have a significant demand from the food and beverage market with plastic being the is the most used material. Plast and Starflex of 3.1% and 5.3%, respectively. Containers/Packaging: Industry Performance Thailand - TradingView Rigid plastics and paper & board packaging expected to lead growth. The packaging industry in Thailand registered strong growth during the review period growing with a CAGR of 8.21%, supported by both growing food exports and the entry of major industry competitors. Packaging Market in Thailand - DocShare.tips 10 10. Euromonitor International's Packaging in Thailand report offers insight into key trends and developments in the industry. Packaging Boxes Manufacturers and Suppliers in Thailand - Suneco Box Nowadays, we extended in tube . The Thailand flexible packaging market is witnessing growth and contributing . Plastic Packaging Market Size & Share Report, 2022-2030 Sustainable packaging is shaping the flexible packaging market in Thailand Market Research Reports Business & Finance Packaging Machines for Food, Cosmetic, Pharma Industries in Thailand The economic growth in Thailand has resulted in the production and consumption of flexible packaging products that have increased steadily over the years. Label and Packaging Market in Thailand Posts a 88.9% Growth Semi Annual Thailand Packaging Industry - Trends and Opportunities Thailand Metal Packaging Market (2020 - 2026) | Trends, Outlook & Forecast Thailand ESD Foam Packaging Market Research Report 2020 EVOH for Packaging Market - Future Market Insights PDF Thailand Pharma Market & Regulatory Report Packaging industry in Thailand Sukhapiban 8. The Thai Folding Carton Packaging Market was valued at USD 2.11 Billion in 2021 and is expected to reach USD 2.97 Billion in 2027, registering a CAGR of 5.74% during the forecast period (2022-2027). Strong growth in the CPG industry . Top 8 website Flexible Packaging in Thailand - PkgMaker Thailand Packaging & Containers Industry - Top 10 Companies by Market Cap Thailand Packaging & Containers Industry - Top 10 Companies Details as of April 1, 2022 Company By packaging form, the Thailand flexible packaging market is bifurcated into Pouches, Bags, Wraps, Roll Stocks, Blister, and Strip Packs. Thailand Flexible Packaging Market - DataMIntelligence The Indonesia flexible packaging market is estimated to be USD 2,814.9 million in 2017 with the market growing at a CAGR of 4.41% in the forecasted period 2021-2028.". Thailand Folding Cartons And Corrugated Packaging Market 2020 - openPR.com The market research report identifies and prioritizes opportunities for Pet Food Packaging Market by product type (plastic bottles & jars, pouches, folding cartons, metal cans, bags, and others), material type (paperboard, plastics metal, and others), animal type (dog food, cat food, bird food, fish food, and others), and application (dry foods, wet foods, frozen foods, and others) Food Packaging Market Size, Share & Growth Report, 2030 Government continuous efforts to boycott the usage of plastic owing to the rising environment issues beholds the growth of metal packaging market. Global and Chinese Thailand Flexible Packaging Market 2022 is a professional and in-depth study on the current state of the global market with a focus on the Global and Chinese market. The global plastic packaging market size was valued at USD 355.0 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2030. Most . Market Analysis and Size. Countries such as India, Thailand, and Indonesia are projected to be the frontrunners in terms of usage of aseptic packaging. Research Reports Hub [email protected] +1 512 487 7970; The Thailand flexible packaging market is fragmented with a large number of regional players in the country. The packaging industry in Thailand is set to post a moderate CAGR of 1.5% between 2020 and 2025, to reach 67.6 billion units by 2025, growing from 62.6 billion units in 2020. The Thailand folding carton and corrugated packaging market (henceforth referred to as the market studied) was valued at USD 1405.73 million in 2019, and is expected to reach USD 2283.4 million by . Strong growth in the CPG industry . Conclusions. June 2016. Thailand Flexible Packaging Market Size Study with Top Countries Data Thailand is befitting as the region's polestar for bioplastics considering its robust . Packaging of fresh food is . It is commonly used as a barrier film in the prevailing flexible and rigid packaging formats such as pouches, bags, etc. Amazon is the giant of e-commerce, and there are some valid lessons to learn from Amazon's e-commerce packaging. The packaging industry in Thailand is estimated to grow from 65.1 billion units in 2019 to 74.5 billion units by 2024. Thai Paper Cartons Company Limited. Sell Prospects per Machinery Type. Prepack Thailand Co.,Ltd. This growth can be largely attributed to strong household consumption, despite tough momentarily economic conditions owing to COVID-19 pandemic, reflecting strong level of disposable incomes. Packaging in Thailand | Market Research Report | Euromonitor The Asian region accounts for over 50% of bioplastic production, and Thailand aims to lead in this niche market that is pegged to cross US$3 trillion by end of 2021, growing at a CAGR of 16% to 2026, according to a market forecast by Mordor Intelligence.