From a supplier of local dairy products to a global supplier of flexible packaging material, carving a niche in innovation and technology. The new report by Expert Market Research titled, 'Global Flexible Plastic Packaging Market Size, Share, Report and Forecast 2022-2027', gives an in-depth analysis of the flexible plastic packaging market, assessing the market based on its segments like printing technology, application, type and material. Description; . It offers packaging solutions to many recognized brands in markets such as appliances and electronics, automotive, beverages, confection, construction, converted paperboard, fresh and natural food, frozen and refrigerated food, medical and pharmaceutical, healthcare, and recycling and snacks. At the same time, Huhtamaki celebrated the 20th anniversary of its Thailand operations. The packaging industry in Thailand is estimated to grow from 65.1 billion units in 2019 to 74.5 billion units by 2024. Corrugated boards, derived from . Converted Flexible Packaging Market. Industry Overview. 1 Study Coverage 1.1 Flexible Plastic Packaging Product Introduction 1.2 Market by Type 1.2.1 Global Flexible Plastic Packaging Market Size Growth Rate by Type 1.2.2 PP 1.2.3 PE 1.2.4 PET 1.2.5 . By packaging form, the Thailand flexible packaging market is bifurcated into Pouches, Bags, Wraps, Roll Stocks, Blister and Strip Packs. $ 4000. Rest of South Asia. Global and Chinese Thailand Flexible Packaging Market 2022 is a professional and in-depth study on the current state of the global market with a focus on the Global and Chinese market. Food and beverage remain the key factor in driving the demand for plastic uses. The Flexible Packaging Market Tracker This Members Only feature gives you up-to-the-minute information on market conditions. The global impact of COVID-19 has been unprecedented and staggering, with these products witnessing a positive demand shock across all regions amid the pandemic. Surge in demand of flexible plastic in food and pharmaceutical product packaging was observed during that same period. In June 2022, Toyo-Morton launched epoxy silane-free laminating adhesives for flexible packaging. Thailand's auto market has exhibited a turnaround in 2017 after four years of contraction. It is highly practical to close or reseal. Our global network of experts assists you to increase the functionality of the packaging itself or efficiency - whether in the printing process, further processing or at the packing stage. In Smithers latest market report The Future of Flexible Packaging to 2024 forecasts that it will continue growing by an annual rate of 3.3%, reaching $269 billion in 2024. Strong growth in the CPG industry . Our 50-press acquisition will enhance ePac's record breaking flexible packaging production on HP Indigo Digital Presses, further rooting our longstanding collaboration with HP. Siegwerk supplies printing inks, coatings and primers for flexible packaging. Established in 1969 Under the Progressive Co-Operation Among Experienced Business And Industrial People, The Thai Packaging Association Has Become Integral Body Successful Driving the Development of Thailand's Packaging Industry. Glass and flexible packaging were the other popular pack materials. The Association has been a Practical Channel for Member and Non-member. Rising demand for greener packaging solutions and increasing packaging needs of e-commerce platforms are anticipated to drive market growth. This transition . The Future of PCR Packaging to 202607/29/2022. This new report from Smithers addresses the world market for Post-Consumer Recycled packaging plastic across 2016-26. - Moreover, the use of plastics as flexible packaging is likely to increase in Thailand in the forecast period. The global food packaging market size was USD 323.81 billion in 2020. Indonesia. Flexible packaging market will reach an estimated valuation of USD 384.02 million by 2028, while registering this growth at a rate of 4.70% for the forecast period of 2021 to 2028. This is . August 2022. It has an extended shelf life. Thailand Flexible Packaging Market - Growth, Trends, COVID-19 Impact, And Forecasts (2021 - 2026) Published on: Jan 2021 | From: USD $3250 | Published By: MORDOR INTELLIGENCE | Number Of Pages: 120 This shifted the toothpaste market from aluminum tubes to the softer feel plastic tubes. Sep 27, 2022 (The Expresswire) -- Global Flexible Packaging Market 2022 document consists of the market strategy, market orientation, knowledge opinion and. 20209SCG PackagingIPO17 . Delivery time: 2-3 business days. Smithers forecasts global flexible packaging market to $269 billion by 2024 Over the last 10 years, flexible packaging has taken off, doubling in size to $228 billion in 2019. 16.3.5. The market for multilayer flexible packaging is expected to surge by 50 basis share points (BPS) in H1-2022 (O) against comparison with H1-2021, according to an FMI analysis. The bioplastics market is expected to grow at a CAGR of 13.1% from 2022 to 2029 to reach USD 25.93 billion by 2029.. Converted flexible packaging is anticipated to reach USD 94,895 million by the year 2027 and register a CAGR of 5.5%. The Thai flexible packaging market was valued at USD 4,268.2 million in 2021, and it is expected to reach USD 6,029.9 million by 2027, registering a CAGR of 6.20% over the forecast period (2022-2027). Elif, a Huhtamaki company, has been a pioneer for sustainable flexible packaging solutions for food, beverage, pet, home and personal care industries with two world-class plants in Istanbul, Turkey and Cairo, Egypt. . Later, in 1971, Thai Offset started the first Rotogravure printing for flexible packaging in Thailand. To learn more about how InnoPack can help you, please contact the company and let the experts develop a customized solution to fit your needs. Mordor Intelligence Pvt Ltd. Established Kim Pai Lamitube Company as the first manufacturer of laminated tubes in Thailand. Our manufacturing unit cares for the environment, hygiene and safety, for which we have been granted BRC/Iop, GMP, HACCP and ISO 9001:2015 certifications (for . Kim Pai Lamitube started manufacturing Extruded Tubes for . The global corrugated board market size was valued at USD 90.79 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2021 to 2028. 16.3.3. NatureWorks' global Ingeo PLA manufacturing expansion plan continues with the recent announcement that the company's parent companies, GC International Corp., sub. of Thailand's PTT Global Chemical Public Company (GC) and Cargill Inc. have authorized an investment in excess of $600 million to build a new fully-integrated PLA manufacturing complex in Thailand. The artwork file in Adobe Illustrator (AI) and/or Photoshop (PS) format, PDF File will be accepted only in case-by-case basis. Leader on the global market. 888 Moo 3, Soi Srisamphan, Bangplee-tamru Road, Prakasamai, Muang Samutprakan, Samutprakan, 10280 Thailand Feel Free to Call Us Now (+66) 2752-5656 (+66) 2180 0309 ext.10 LINE @sysconpack Flexible packaging paper market is expected to reach the value of US$ 65.2 Bn by the end of 2029, increasing demand of sustainable and environment-friendly packaging solutions is a major driver of the flexible packaging paper industry . Article (PDF-2MB) Sustainabilityparticularly regulatory and public concerns around single-use packaging wasteis combining with other powerful trends 1 to drive major changes in consumer packaging. According to the Flexible Packaging Association, flexible packaging is any package or any . RFJ offers flexible contract packaging to drive your sales. The technologies in flexible packaging have undergone significant change in recent years, with semi flexible packaging to advance flexible packaging. Among all, the 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. Historical Market Value . (photo: Campbell Soup) According to an analysis conducted by Freedonia, demand for converted flexible packaging is projected to increase 3.8% annually to US $ 18.2 billion in 2015. Top Leading Companies of Thailand Flexible Packaging Market are Sarnti Packaging Co. Ltd., Pongslip Plastic Company, Thug Hua Sinn, Siam Flexible Company, Artec, Innopack, Toppan Thailand, TPBI. Our approach to sustainable product development includes risk management and eco-efficiency improvements, as well as a proactive approach in working with suppliers, customers, and industry trade groups to promote best practices. Fast, flexible, efficient - these are just three of the many countless benefits of SIG NEO! About TPA. Visiongain has published a new report entitled the Fresh Food Packaging 2022-2032. Sep 22, 2022 (AmericaNewsHour) -- The Thai packaging market is expected to register a CAGR of 3.2% during the forecast period (2022 - 2031). Regulators are moving on the issue, and Fast-Moving Consumer Goods (FMCG) companies and retailers are proactively making bold commitments to . We are converting HDPE LLDPE LDPE BOPP CPP CLL NYLON PET MPET MCPP film and ALU foils , Stand up pouch , 3 side seal pouch , 4 seal pouch, K Seal, Center Seal, Zipper bag , Wrap around label, Form Fill Seal , LLDPE Shrink Film , T-shirt bag , bottom seal, Die cut bag. 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. The primary propellant for the market currently is the large scale consolidation efforts taken by the leading players in the . Thailand Flexible Packaging Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) Published: January 17, 2022. Amcor, Prepack Thailand, Huhtamaki Group, Sealed Air, and Tetra Pak are the major players operating the Thailand market. By the Raw Material, the Thailand flexible packaging market is segmented into Plastics, Paper, Aluminium Foils, and Multilayer. Based on our analysis, the global market exhibited a huge growth of 6.3% in 2020. As per the deep research carried out by Verified Market Research, the global Pharmaceutical Packaging Equipment Market was valued at USD 7.24 Billion in 2022 and is projected to reach USD 13.75 . Adhesive tape bag, Soft Loop Bag, Vacuum bag, Frozen . Film packaging We are always searching for new applications to fulfill the basic functions of flexible packaging, and also provide proposals with enhancing product value in mind. Packaging and printing industries are shifting to produce bio-flexible packaging products in line with the government's policy to ban plastic packaging in the future. The ASEAN flexible packaging market is likely to show an optimistic CAGR of 5.7% within a forecast period from 2016 to 2024. Our flexible packaging manufacture spans more than 435 years. Flexible packaging has many advantages over rigid packages due to the following factors: It is easier to store. Campbell has launched a line of skillet sauces in pouches, designed to make dishes like scampi or Thai green curry chicken easy. READ MORE. 16.4. The growth of this market is mainly attributed to the consumer preference for biobased products over synthetic products, rising R&D in bioplastics, adoption of bioplastics by the packaging industry, and increased utilization of flexible packaging by the food & beverages industry. Since 2015, Prepack Thailand has been affiliated with SCG Packaging, Thailand's largest packaging company, and a subsidiary of Siam Cement Group, a leading industrial conglomerate in the Southeast Asia Region. The global plastic packaging market size was valued at USD 355.0 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2030. The economic growth in Thailand has resulted in the production and consumption of flexible packaging products that have increased steadily over the years. Global Thailand Flexible Packaging market size was ** billion USD in 2021, and will expand at a CAGR of **% from 2022 to 2026, according to the report. The global flexible packaging market size was valued at USD 236.2 billion in 2017 and is anticipated to grow at a CAGR of 4.3% during the forecast period. Flexible plastic packaging is . March 2022. Thai Auto Market Likely Growing 2-5% in 2018 Offering Scores of Choices and Innovations (Current Issue No. According to the Thai Packaging Association, Thailand's packaging and printing industries are moving away from . Pune, India, Sept. 28, 2022 (GLOBE NEWSWIRE) -- The Southeast Asia polyurethane market size was USD 3.32 billion in 2021. Flexible . DUBLIN, Sept. 3, 2021 /PRNewswire/ -- The "Flexible Packaging Market Research Report by End-User, by Material, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been . Leader in ink performance. Market growth is likely to result from the ongoing . Rigid plastic was the largest consumed pack material while rigid metal was the least consumed pack material. Our vast supply chain and industry partners makes RFJ your comprehensive approach, offering the one-stop-shop for all your co-packing . 16.3.4. The market is fragmented and growing competitive. It is expected to reach US$6.71 bn by the end of 2024, from its valuation of US$4.32 bn in 2015. Flexible packaging is use of non-rigid packaging structures for packaging and protection of products. It is expected to reach 36.3% by 2024. In September 2021, Elif became part of Huhtamaki, a key global provider of sustainable packaging for consumers around the world. The Comexi Offset CI8 press is the result of combining the advantages of offset variable size printing with central drum technology. For the cost of purchasing bio-plastic products between 01 Jan 2022 and 31 Dec 2024, a corporate tax deduction concession for 125% of the purchase costs, i.e: The usual 100% deduction for the purchase costs; plus. The report tracks the newest trends within the industry and studies their impact on . TPN FlexPak provides the highest standard in innovative flexible packaging solutions with reliable end-to-end servicefilm extrusion, prepress to convertingfor both printed and unprinted packaging for fast-moving consumer goods for domestic and international customers.TPN FlexPak prioritises innovation and utilises the most sophisticated technology. The Thailand flexible packaging market is witnessing growth and contributing significantly to the economy. "Within global flexible packaging market, stand-up pouches market size is estimated to be valued over USD 75 billion by 2024 while pillow pouches will witness growth of over 4% CAGR up to 2024." It is more convenient to open. Overall flexible plastic packaging market growth experienced slight dip in 2020-2021 due to closing of manufacturing plants and reduced production. Get the Latest Information. The Thailand flexible packaging market is fragmented with a large number of regional players in the country. Content info: 187 Pages. The Thailand packaging market size was 60.6 billion units in 2021. The economic growth in Thailand has resulted in the production and consumption of flexible packaging products that have increased steadily over the years. The cigarette market revenue in Thailand increased from USD 3,179.2 million in 2022 to USD 3,255.2 million in 2022, and it is further expected to boost the flexible packaging market. The report projects that the market will decelerate at a CAGR of 4.72%. 2890 Full Ed.) United Kingdom (UK) Packaging Market Size, Analysing Key Pack Material (Pack Type, Closure Material and Type, Primary Outer Material and Type), Innovations and Forecast, 2021-2026. 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). From a modest paper mill in Ronsberg, Germany to one of the world's most sophisticated packaging manufacturers. 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). Address: 6002 Rural Road, Tambon Bang Changin Amphawa District, Samut Songkhram- 75110, Thailand Prepack has been in the industry since 1973 by adopting the flexible packaging technology from France. We deliver market news & information relevant to your business. UK unveils 60 million (US $76.4 million) funding to develop sustainable packaging: The funding, to be bolstered by industry support, and delivered by UK Research and Innovation (UKRI) through the Industrial Strategy Challenge Fund aims at support the development of new forms of packaging and plastic made from farming, food and industrial . They were Thailand's first flexible packaging manufacturer. Ecolean--producer of lightweight, flexible packages--highlights its growth in Thailand amid increased market demand for sustainable packaging; company's Ecolean Air is used by Dairy Home as well as by Toiyibun Food for its products in 7-Eleven The market is projected to grow from USD 3.46 billion in 2022 to USD 4.98. Malaysia. The rising wave of new technologies such as bio plastics based flexible packaging are creating significant potential in food and beverage, cosmetic and toiletries, and healthcare applications, due . The most popular flexible packages are wraps, bags, pouches and envelopes. The economic growth in Thailand has resulted in the. Thailand. In June 2019, Thailand's cabinet approved the promotion of bioplastic packaging, with tax deductions of up to 125% from January 2019 to December 2021 for companies that purchase and use bioplastics. We also look at current market trends as a guide to help identify areas where improvement is needed. It includes profiles of Fresh Food Packaging and Forecasts Market Segment by Material, (Plastic, Metal, Paper and . Today it has been in the market for over 50 years now. Rigid plastics was the most consumed pack material in Thailand packaging industry that accounted for a market share of 35.8% in 2019. Flexible Packaging Market size is anticipated to grow over USD 390 billion by 2028 and is estimated to grow at over 5.5% CAGR between 2022 and 2028 owing to the rapid development of processed and packed food industry along with growing consumer awareness regarding the importance of safe food storage practices.. Get more details on this report - Request Free Sample PDF