Thailand Flexible Packaging Market Size, Share and Forecast to 2026
Thailand Flexible Packaging Market was valued at USD XX million in 2019 and is expected to reach USD xx million by 2026 with a CAGR of xx% during the forecast period 2019 to 2026.
(EMAILWIRE.COM, October 10, 2019 ) Market Overview:
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 sheet, laminated paper, and plastic layers.
Market Dynamics:
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 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, The 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, 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.
By Application
By 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.
Geographical Analysis:
By region, the market is segmented into:
• North America
• South America
• Asia-Pacific
• Europe
• The Middle East and Africa
Competitive Analysis:
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.
View full report: https://www.datamintelligence.com/research-report/thailand-flexible-packaging-market
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About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: pr@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
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 sheet, laminated paper, and plastic layers.
Market Dynamics:
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 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, The 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, 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.
By Application
By 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.
Geographical Analysis:
By region, the market is segmented into:
• North America
• South America
• Asia-Pacific
• Europe
• The Middle East and Africa
Competitive Analysis:
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.
View full report: https://www.datamintelligence.com/research-report/thailand-flexible-packaging-market
Download free sample: https://www.datamintelligence.com/download-sample/thailand-flexible-packaging-market
About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: pr@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results