SOURCE: MarketResearch.com

MarketResearch.com

August 21, 2012 05:00 ET

Thailand Packaging Market to Reach $11 Billion in 2016

ROCKVILLE, MD--(Marketwire - Aug 21, 2012) -  MarketResearch.com has announced the addition of Packaging Industry Outlook in Thailand: Market Size, Key Trends, Drivers and Challenges to 2016," to their collection of Industrial Packaging market reports. For more information, visit http://www.marketresearch.com/BRICdata-v3901/Packaging-Outlook-Thailand-Size-Key-7087267/.

The report provides detailed market analysis, information and insights into the Thai packaging industry, including:

  • Current, historic and forecast values and trends for the Thai packaging industry, including individual categories
  • Comprehensive, country-specific analysis of the industry's market attractiveness, covering key trends and drivers, Thailand's competitive landscape and benchmarking with other key markets
  • Description and analysis of the packaging categories and end-user markets for the overall packaging industry
  • Porter's Five Forces Analysis of all individual categories and overall packaging industry

The packaging industry in Thailand registered strong growth during the review period growing with a CAGR of 8.21%, supported by both growing food exports and the entry of major industry competitors into the domestic market. The food and beverages sector remains the key growth driver of the domestic packaging industry and is supported by export demand and easy access to raw materials. Over the forecast period, the industry is expected to grow at a CAGR 6.41% to reach a value of US$11.1 billion in 2016. The estimated growth rate for the industry over the forecast period is significantly lower than the growth rate achieved in the review period. The slow growth in the demand for packaging products is expected to reduce revenue growth, and hence the financial performance, of Thai packaging companies.

For more information, http://www.marketresearch.com/BRICdata-v3901/Packaging-Outlook-Thailand-Size-Key-7087267/.

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