How big is the Thailand Flexible Packaging Market?

The Thailand Flexible Packaging Market size is expected to reach USD 5.12 billion in 2024 and grow at a CAGR of 6.31% to reach USD 6.95 billion by 2029. Read More

What is the current Thailand Flexible Packaging Market size?

In 2024, the Thailand Flexible Packaging Market size is expected to reach USD 5.12 billion. Read More

Who are the key players in Thailand Flexible Packaging Market?

Huhtamaki OYJ, Sealed Air Corporation, T Tarutani Pack Co. Ltd, Amcor PLC and Thug Hua Sinn Group (TPN FlexPak) are the major companies operating in the Thailand Flexible Packaging Market. Read More

What years does this Thailand Flexible Packaging Market cover, and what was the market size in 2023?

In 2023, the Thailand Flexible Packaging Market size was estimated at USD 4.80 billion. The report covers the Thailand Flexible Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Thailand Flexible Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Thailand Flexible Packaging Market Report | Industry Analysis, Size & Forecast

Flexible Packaging Industry in Thailand Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Thai Flexible Packaging Market Report is Segmented by Product Type (Pouches (Type (Stand-Up and Flat), End User (Food, Beverage, Pet Food, and Other End Users)), Bags, Film-Wraps (Type (BOPP (Biaxially Oriented Polypropylene), BOPET (Biaxially-Oriented Polyethylene Terephthalate), CPP (Cast Polypropylene), PVC (Polyvinyl Chloride), PE (Polyethene), Other Types), End User (Food, Consumer Goods, Medical, and Other End Users), and Other Product Types)). The Market Sizes and Forecasts are Provided in Terms of Value for all the Above Segments.

Thailand Flexible Packaging Industry Overview

The Thai flexible packaging market is fragmented and competitive, with a high number of market players such as Thug Hua Sinn Group (TPN FlexPak), Amcor PLC, T Tarutani Pack Co. Ltd, Sealed Air Corporation, and Huhtamaki OYJ. This market is distinguished by limited product differentiation, increasing product penetration, and intense competition. Design, technology, and application innovation can provide a long-term competitive edge.

In December 2023, Kao Industrial Co. Ltd, a Thai-based company, partnered with SCG Chemicals, a Thai-based chemical manufacturer, and Dow Thailand Group to develop sustainable packaging using innovative plastics such as INNATE, ELITE, and Dow PCR. This partnership will develop new materials and use innovative manufacturing technologies to provide rigid and flexible sustainable packaging, enabling Kao to lower its carbon footprint and meet consumer demand.

In July 2023, TPBI launched the “LifeHakStore by TPBI” to provide online distribution services, providing convenience to customers who wish to order various packaging from TPBI and its partners anytime. Such business expansion approaches enable the company to reach a broader customer base while generating new revenue streams.