Product Code: ETC073964 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Cellulose Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 2.95% in 2025, growth builds up to 12.55% by 2029.
By 2027, Thailand's Cellulose market is forecasted to achieve a stable growth rate of 4.82%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The cellulose market in Thailand has witnessed significant growth in recent years. Cellulose is a natural polymer found in plant cell walls, and its derivatives have a wide range of industrial applications. In Thailand, the market for cellulose and its derivatives is robust due to the country`s rich agricultural resources, which provide a steady supply of raw materials. The demand for cellulose is driven by various industries, including textiles, paper and pulp, pharmaceuticals, food and beverages, and cosmetics. Additionally, the growing awareness of sustainable and eco-friendly materials has further boosted the adoption of cellulose-based products in various sectors.
Several factors contribute to the growth of the cellulose market in Thailand. Firstly, the thriving textile industry is a major driver for cellulose-based products, especially in the production of natural fibers like rayon and lyocell. The versatility of cellulose derivatives in applications such as fabric softeners and textile coatings has fueled its demand in the textile sector. Furthermore, the paper and pulp industry extensively utilizes cellulose fibers to manufacture paper and packaging materials, driven by the country`s increasing demand for packaging materials due to the growth of e-commerce and retail sectors. Additionally, the pharmaceutical and food industries rely on cellulose as an excipient, stabilizer, and thickening agent in various products.
Despite the positive growth trajectory, the cellulose market in Thailand faces certain challenges. One of the primary challenges is the competition from synthetic alternatives, which may offer specific advantages in certain applications. Manufacturers and industries need to continually innovate and demonstrate the unique properties and eco-friendliness of cellulose-based products to maintain market share. Additionally, fluctuating raw material prices and supply chain disruptions can impact the production costs of cellulose derivatives, affecting overall market dynamics.
The COVID-19 pandemic had both positive and negative impacts on the cellulose market in Thailand. The increased demand for packaging materials, driven by the rise in e-commerce and home deliveries during lockdowns, bolstered the demand for cellulose-based products in the paper and pulp sector. However, disruptions in industrial activities and supply chains affected the manufacturing and distribution of cellulose derivatives in certain sectors. The pandemic also highlighted the importance of sustainable and biodegradable materials, providing an opportunity for cellulose-based products to gain more prominence in the post-pandemic world.
The cellulose market in Thailand is supported by a mix of domestic and international players. Several global companies have a significant presence in the country, providing a range of cellulose derivatives for various industries. Some of the key players in the Thailand cellulose market include Sappi Limited, Rayonier Advanced Materials, Grasim Industries Ltd., International Paper, and Bracell Limited. These companies have established strong manufacturing capabilities and distribution networks to cater to the diverse needs of the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Cellulose Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cellulose Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Cellulose Market - Industry Life Cycle |
3.4 Thailand Cellulose Market - Porter's Five Forces |
3.5 Thailand Cellulose Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Thailand Cellulose Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Cellulose Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Cellulose Market Trends |
6 Thailand Cellulose Market, By Types |
6.1 Thailand Cellulose Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cellulose Market Revenues & Volume, By Fiber Type, 2021-2031F |
6.1.3 Thailand Cellulose Market Revenues & Volume, By Natural Cellulose Fibers, 2021-2031F |
6.1.4 Thailand Cellulose Market Revenues & Volume, By Man-made Cellulose Fibers, 2021-2031F |
6.2 Thailand Cellulose Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Cellulose Market Revenues & Volume, By Apparel, 2021-2031F |
6.2.3 Thailand Cellulose Market Revenues & Volume, By Home Textile, 2021-2031F |
6.2.4 Thailand Cellulose Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Thailand Cellulose Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Cellulose Market Import-Export Trade Statistics |
7.1 Thailand Cellulose Market Export to Major Countries |
7.2 Thailand Cellulose Market Imports from Major Countries |
8 Thailand Cellulose Market Key Performance Indicators |
9 Thailand Cellulose Market - Opportunity Assessment |
9.1 Thailand Cellulose Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Thailand Cellulose Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Cellulose Market - Competitive Landscape |
10.1 Thailand Cellulose Market Revenue Share, By Companies, 2024 |
10.2 Thailand Cellulose Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |