Thailand Flexible Packaging Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022-2027)
The Thai Flexible Packaging Market was valued at USD 4,370.85 million in 2021 and is expected to register a CAGR of 5.81% over the forecast period (2022-2027). The economic growth in Thailand has resulted in the production and consumption of flexible packaging products that have increased steadily over the years. The Thai flexible packaging market is witnessing growth and contributing significantly to the economy. This is because of the increasing demand for suitable packaging materials that can be used to pack anything.
Key HighlightsThe Thailand Flexible Packaging Market is highly competitive in nature, with a high number of market players. This market is characterized by low product differentiation, growing levels of product penetration, and high levels of competition. Sustainable competitive advantage can be gained through design, technology, and application innovation.
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