Naperville, IL -- (SBWIRE) -- 02/12/2014 -- Reportstack, provider of premium market research reports announces the addition of Latest Trends and Key Issues in the Thailand Retail Packaging Market - The outlook for primary packaging containers, closures and outers market report to its offering
- Latest Trends and Key Issues in the Thailand Retail Packaging Market" is a detailed industry report providing comprehensive analysis of the emerging trends and opportunities in Thailand packaging market.
- The report is a result of a thorough analysis of consumer trends, packaging manufacturing trends, and packaging innovations within Thailand's consumer packaged goods market. The report provides both qualitative and quantitative insights into each of the packaging materials- Flexible, Glass, Rigid Plastic, Rigid Metal, and Paper andBoard.
- The report includes detailed tables and charts to provide a comprehensive understanding of packaging consumption to clearly establish market trends, packaging dynamics, and areas of future growth potential.
- It provides an overview of the competitive landscape of the Thailand packaging sector with an analysis of the key market leaders including a snap shot of major deals.
Introduction and Landscape
Why was the report written?
Packaging companies and retailers seek the latest information on consumer trends and opportunities to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging growth opportunities within the CPG market.
What is the current market landscape and what is changing?
As consumer product demand evolves, the dynamics between different packaging types also evolves - favoring some packaging types and formats and leaving others increasingly out of line with demand patterns. As a result, understanding the shifting market dynamics is key to ensuring maximum sales in the future.
What are the key drivers behind recent market changes?
The differential growth across different packaging materials and formats drive fundamental shifts in the market. These differentials result from various factors such as changing consumer preferences, regulatory compliance, and innovation within the packaging market.
What makes this report unique and essential to read?
The report is a unique combination of in-depth qualitative analysis and authoritative packaging data for the years 2010-2016. Each packaging material has detailed data break up by packaging type, closure material, closure type, outer material, and outer type.
Key Features and Benefits
Comprehensive coverage of the key consumer trends affecting the CPG market. Markets covered include Alcoholic Drinks, Food, Health andBeauty, Home Improvement, Household Care, Non-Alcoholic Drinks, Pet Care, and Tobacco andTobacco Products.
Detailed analysis of each packaging material providing detailed break up including pack types, closures, and outers.
Provides key manufacturing and innovation trends in the packaging industry.
Highlights the key regulatory framework governing the Thailand packaging industry.
Overview of the competitive landscape in Thailand's packaging industry including key players in each of the packaging material segments and major deals.
Thailand's population policies introduced in 1970 to reduce population growth rate and increase quality of life have contributed towards decrease in average household size over past four decades. This trend has encouraged CPG manufacturers to introduce smaller sized packaging suitable for smaller households. This will lead to increase in demand for packaging material as more packaging material is required to manufacture multiple small packs rather than large packs
The large segment of the rural population in Thailand provides a significant potential for growth to the CPG companies and packaging manufacturers alike. Rural consumers in Thailand are likely to prefer products in affordable pack sizes that fit their limited budget.
Thailand is witnessing continuous inflow of FDI and major international retailers such as Tesco and Carrefour has captured a notable market share in total retail market. Additionally, growing urban population is increasing the demand for modern retail and subsequently the demand for retail ready pack formats.
Lightweight convenient packs are increasingly being preferred by Thai consumers. Flexible packaging replacing other heavy pack material is witnessing a rise in certain categories. For instance, Maxx Drinks launched fruit flavored products in flexible pouch which weighs less than half the weight of a beverage can.
According to , Thailand is one of the largest markets for Prepared Meals in South East Asian countries and continues to see a rise in demand. Packaging manufacturers need to offer more functional (such as microwaveable) and convenient (such as easy-to-open) pack formats to cash-in the growing demand for Prepared Meals.
Amcor, Bangkok Glass Public Company Ltd., Berli Jucker Public Company Ltd., Crown Seal Public Limited Company, Flexi-Pack limited, Hoong Seng Kee Co. Ltd., Huhtamaki, International Paper, K.M. Packaging Co. Ltd., Royal Can Industries Co. Ltd., Slam Gas Industries Co. Ltd., SIG Combibloc, Tetra Pak, World Packaging Industries Co. Ltd.
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