Summary - A new market study, titled “Thailand Flexible Packaging Market - 2018 - 2025” has been featured on
Thailand Flexible Packaging Market was valued at USD XX million in 2017 and is expected to reach USD xx million by 2025 with a CAGR of xx% during the forecast period 2018 to 2025.
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 key components of flexible packaging products, which are made from foil, paper sheet, laminated paper, and plastic layers.
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Flexible packaging products have the advantage to produce in various shapes and sizes at 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.
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 flexible 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
On Basis of Packaging Form:
On the basis of packaging form, the Thailand flexible packaging market is bifurcated into Pouches, Bags, Wraps, Roll Stocks, Blister and Strip Packs. Among all, The flexible packaging bags have large 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 are driving the growth of the market.
On Basis of Raw Material:
On the basis of the Raw Material, the Thailand flexible packaging market is segmented into Plastics, Paper, Aluminium Foils, and Multilayer. Among all, 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 nature.
However, Increasing costs of the raw materials, increasing production costs, stringent regulations and consumer preference towards use of eco-friendly products are the major factors restraining the growth of the market
On Basis of Application:
On the basis of the Application, the Thailand flexible packaging market is segmented into Food & Beverage, Healthcare, Personal and Household Care, and Others. Food & Beverage segment has one of the largest shares in Thailand packaging industry, due to 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.
Company Profiles
Amcor, Inno Pack, Huhtamaki Group, Prepack Thailand, Pongslip Plastic Company, Siam Flexible Company, Thug Hua Sinn, Sealed Air Co, Toppan Printing Co, and Tetrapak Thailand are among the few key operating players in the Thailand Flexible Packaging Market.
Why purchase the report?
• Identify commercial opportunities in Thailand Flexible Packaging Market by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of the Thailand Flexible Packaging Market by segmentation level.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key Flexible Packaging of all major market players.
Target Audience
• Raw Material Suppliers/ Buyers
• Product Suppliers/ Buyers
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Research Professionals
• Emerging Companies
• Manufacturers
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