Thailand Flexible Packaging Market 2021 Analysis by Global Manufacturers - Sarnti Packaging Co. Ltd, Pongslip Plastic Company, Thug Hua Sinn

The Thailand Flexible Packaging Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Thailand Flexible Packaging market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Thailand Flexible Packaging market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Thailand Flexible Packaging market.

The Thai packaging market is expected to register a CAGR of 3.2% during the forecast period (2021 - 2026).

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Top Leading Companies of Thailand Flexible Packaging Market are - Thai Packaging & Printing Public Company Limited, Sarnti Packaging Co. Ltd, Pongslip Plastic Company, Thug Hua Sinn, Siam Flexible Company, Artec, Innopack, Toppan Thailand, TPBI Public Company Limited and others.

Industry News and Updates:

- In February 2020, Toppan Launched Food Packaging System for Freshness Preservation and Lower Environmental Impact. The food packaging system called Green Flat addresses the need to reduce plastic packaging and can be used as an alternative to conventional skin packs.

Key Market Trends:

BOPP is Expected to Hold a Significant Share

- The Thai packaging industry is characterized by packages that enhance the functionality of the products through on-the-go packs, sustainable packs, or personalized packs, among others. This trend is boosting the growth of the BOPP market in the region.
- Thailand is one of the most exciting beverage markets in Southeast Asia due to the rising per capita consumption of several beverages. Despite the recent political and economic turmoil, Thailand continues to be one of the most promising global markets for beverages. BOPP/pearl BOPP and single layer BOPP materials are often used for bottle label films.

Food and Beverages Industry to Drive the Market Growth

- According to the Thai Plastics Industry Association, the demand for plastic packaging continues to expand in Thailand. Flexible plastic-based projects are expected to witness demand across products and sectors, including beverage, food and water, household, and pharmaceutical sectors. The convenience and widespread use of plastic in food packaging is owed to its low cost, ease of processability, formability, chemical resistance, lightweight, and a variety of physical properties.
- PE and PP are the main polymers used for beverages in Thailand. PE's main market is in large volume juices, milk, and water. PE is also dominant in most medium and small volume beverage markets. Bottled water is presently the second major beverage type, by volume, in the Southeast Asian region, trailing behind carbonated soft drinks.
- There is a surge in the growth even during the ongoing lockdown caused due to COVID-19. Sales volume has increased 40-50% with gains in exports and domestic sales. In the food packaging category, TPBI saw a 10% increase in sales with the shutdown, pushing many into panic-buying groceries. 

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Thailand Flexible Packaging Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Thailand Flexible Packaging Market (%),2016 - 2026
- Thailand Flexible Packaging Market Share, By Brand
- Thailand Flexible Packaging Market Share, By Company
- Thailand Flexible Packaging Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Thailand Flexible Packaging Market Value Analysis & Forecast
- Promising Thailand Flexible Packaging Development by Major Companies
- Detailed Thailand Flexible Packaging Portfolio of the Major Companies
- Major Deals in the Thailand Flexible Packaging Market
- Major Companies Analysis

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