Market Forecast By Material (Plastic, Metal), By Packaging Type (Flexible, Rigid, Paper & Paperboard), By Application (Alcoholic Beverages, Non-alcoholic Beverages, Fruits & Vegetables, Bakery & Confectionery) And Competitive Landscape
Product Code: ETC4601006 | Publication Date: Jul 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Thailand Food Service Packaging Market report thoroughly covers the market by material, packaging type, application and Competitive Landscape. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The food service packaging market in Thailand reflects a dynamic and growing industry driven by the country's vibrant food culture, rising urbanization, and burgeoning hospitality sector. With a diverse array of street food vendors, restaurants, and catering services, the Thailand food service packaging market caters to the varied needs of this thriving sector. The market encompasses a wide range of packaging solutions, including disposable containers, wraps, and bags, tailored to ensure food safety, convenience, and aesthetic appeal. Additionally, the food service packaging market in Thailand is witnessing transformative trends that align with changing consumer preferences and industry dynamics. A prominent trend is the increasing demand for sustainable and eco-friendly packaging solutions, driven by heightened environmental awareness. Thermoformed and moulded fibre packaging, as well as compostable materials, are gaining popularity as businesses seek alternatives to traditional single-use plastics. Customization and branding have become essential, with food service establishments opting for personalized and visually appealing packaging to enhance brand recognition.
The rise of food delivery services and online platforms has spurred innovation in tamper-evident and secure packaging designs to ensure the integrity of delivered meals. However, the Thailand food service packaging industry faces several challenges that impact its operational dynamics and growth trajectory. One significant challenge is the persistent issue of single-use plastics, prompting regulatory pressures and consumer demand for more sustainable alternatives. Balancing the need for packaging convenience with environmental concerns poses a dilemma for businesses, necessitating the adoption of eco-friendly solutions while ensuring practicality. Supply chain disruptions and fluctuations in raw material prices are additional challenges that impact the cost-effectiveness of food service packaging. Meeting hygiene standards and ensuring food safety while using sustainable packaging materials require continuous innovation and rigorous testing.
According to 6Wresearch, Thailand Food Service Packaging market size is projected to grow at a CAGR of 11.2% during 2025-2031. The food service packaging market in Thailand is experiencing robust growth driven by several key factors that underscore the nation's evolving food culture and dynamic hospitality sector. The expanding urban population and changing lifestyles contribute to the rising demand for convenient and on-the-go food options, propelling the need for innovative and efficient food service packaging solutions. The increasing popularity of food delivery services, spurred by the growth of e-commerce platforms, further stimulates market expansion. Sustainability emerges as a significant growth driver, with heightened awareness among consumers and businesses, driving the adoption of eco-friendly packaging materials. Government initiatives promoting sustainable practices and stringent regulations on single-use plastics also influence the market positively. Technological advancements in packaging design and the integration of smart packaging solutions further enhance the overall appeal and functionality of food service packaging. As Thailand's food industry continues to diversify and modernize, the food service packaging market plays a pivotal role in facilitating the safe, convenient, and sustainable consumption of a diverse array of culinary offerings.
The Thailand food service packaging market is propelled by proactive government initiatives aimed at fostering sustainability and responsible consumption. The Thai government has implemented stringent measures to reduce single-use plastics, encouraging the adoption of eco-friendly alternatives in the food service industry. These initiatives include regulations on plastic usage, campaigns promoting reusable packaging, and incentives for businesses transitioning to sustainable practices.
Moreover, these plans have upraised the Thailand Food Service Packaging Market Share. Additionally, the government actively engages with industry stakeholders and provides support for research and development in sustainable packaging solutions. Collaborative efforts between government bodies and businesses ensure alignment with national goals for environmental conservation and waste reduction. As Thailand strives to become a leader in sustainable practices, these government initiatives create a conducive environment for the food service packaging market to flourish, promoting innovation and responsible packaging choices across the diverse spectrum of the country's culinary landscape.
Some of the key players in the Thailand Food Service Packaging market are PR Packaging Co., Ltd., Thai Nippon Plastics Ltd., UWC Packaging Co., Ltd., INOAC Packaging Group Ltd. and Berry Global Inc. Additionally, some of the businesses conquer gigantic Thailand Food Service Packaging Market Revenues. Further, Thailand is renowned for its authentic cuisine, which has become increasingly popular in recent years, globally. This surge in demand for Thai food has created a significant opportunity for the food industry in the country. Along with the increase in demand for tasty Thai dishes, the demand for food service packaging is also increasing rapidly. The convenience and versatility of such packaging options have made them widely popular in the Thai food industry.
According to Ravi Bhandari, Research Head, 6Wresearch, the primary products are packaging for takeaway or delivery of food, such as paper bags, plastic trays, and containers made of biodegradable materials. The material used for packaging food items is either paper, plastic, or metal. Additionally, paper as a packaging material has become increasingly popular in the market due to its biodegradable property, making it environmentally friendly and easier to dispose of. These features make it ideal for takeaway containers, paper bags, and sandwich wraps.
Another significant benefit of paper packaging is that it is recyclable, making it more sustainable for the environment and cost-effective for the food industry. Further, despite the growing demand for paper packaging, plastics still dominate the food service packaging market in Thailand. The country has a high usage of single-use plastic bags, straws, and takeout containers, which pose a significant environmental threat.
The Thai government took action in July 2019 by enforcing a ban on the use of single-use plastics in several retail stores and food service businesses. These regulations have limited the usage of plastic among plastic manufacturers. Moreover, metal packaging has a comparatively more limited market share. Metal containers are typically used to package canned foods or drinks, such as Beer cans, fizzy drinks, and canned seafood. The material has a longer shelf life, making it cost-effective for companies that focus on preserving their products. However, it is essential to note that high-quality metal packaging is pricier than paper or plastic packaging.
The Alcoholic beverages segment has seen a surge in demand, with more consumers opting to take-away beers, wines and spirits. This has resulted in the increased need for beverage packaging items such as cans, bottles, and corks. Glass bottles innovatively designed with advanced features such as UV protection have helped preserve and maintain beer quality. In addition, bag-in-box and PET bottles have become very popular for wines, enhancing their shelf life and preserving their flavors.
Further, non-alcoholic beverages have seen a surge in packaging options as customers are becoming increasingly health-conscious. The need to have safe and reliable beverage packaging that preserves the contents is more critical. Thailand has made strides in this space, with advanced technologies in biodegradable plastic cups and transparent PET cups with custom designs e.g. with unique lids that are ideal for easy transportation. These custom-designed cups come in various sizes and shapes making it the perfect solution for various needs, from a family picnic to a corporate event.
The Thailand Food Service Packaging market report provides a detailed analysis of the following market segments:
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 Food Service Packaging Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Food Service Packaging Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Food Service Packaging Market - Industry Life Cycle |
3.4 Thailand Food Service Packaging Market - Porter's Five Forces |
3.5 Thailand Food Service Packaging Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Thailand Food Service Packaging Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.7 Thailand Food Service Packaging Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Food Service Packaging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Food Service Packaging Market Trends |
6 Thailand Food Service Packaging Market, By Types |
6.1 Thailand Food Service Packaging Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Thailand Food Service Packaging Market Revenues & Volume, By Material, 2021 - 2031F |
6.1.3 Thailand Food Service Packaging Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.1.4 Thailand Food Service Packaging Market Revenues & Volume, By Metal, 2021 - 2031F |
6.2 Thailand Food Service Packaging Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Food Service Packaging Market Revenues & Volume, By Flexible, 2021 - 2031F |
6.2.3 Thailand Food Service Packaging Market Revenues & Volume, By Rigid, 2021 - 2031F |
6.2.4 Thailand Food Service Packaging Market Revenues & Volume, By Paper & Paperboard, 2021 - 2031F |
6.3 Thailand Food Service Packaging Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Food Service Packaging Market Revenues & Volume, By Alcoholic Beverages, 2021 - 2031F |
6.3.3 Thailand Food Service Packaging Market Revenues & Volume, By Non-alcoholic Beverages, 2021 - 2031F |
6.3.4 Thailand Food Service Packaging Market Revenues & Volume, By Fruits & Vegetables, 2021 - 2031F |
6.3.5 Thailand Food Service Packaging Market Revenues & Volume, By Bakery & Confectionery, 2021 - 2031F |
7 Thailand Food Service Packaging Market Import-Export Trade Statistics |
7.1 Thailand Food Service Packaging Market Export to Major Countries |
7.2 Thailand Food Service Packaging Market Imports from Major Countries |
8 Thailand Food Service Packaging Market Key Performance Indicators |
9 Thailand Food Service Packaging Market - Opportunity Assessment |
9.1 Thailand Food Service Packaging Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Thailand Food Service Packaging Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.3 Thailand Food Service Packaging Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Food Service Packaging Market - Competitive Landscape |
10.1 Thailand Food Service Packaging Market Revenue Share, By Companies, 2024 |
10.2 Thailand Food Service Packaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |