Thailand Paper & Paperboard Market: Import Trend Analysis
Thailand import trend for the paper and paperboard market experienced a decline from 2023 to 2024, with a growth rate of -22.93%. The compound annual growth rate (CAGR) for the period 2020-2024 was -8.19%. This negative momentum could be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.
Thailand PaperPaperboard Market Synopsis
The paper and paperboard market in Thailand is one of the fastest-growing markets in South East Asia. The market size was valued at USD 11.99 billion in 2025 and it is expected to reach USD 14.62 billion by 2031, growing at a CAGR of 3% during the forecast period (2025-2031). This growth can be attributed to the steady economic growth, increasing urban population, rising per capita income, changing consumer lifestyle & preferences and technological advancements that have led to an increase in demand for quality products like paper products.
Market Drivers
The rapid urbanization has been a major driver for the paper and paperboard industry as there has been an increased demand for packaging materials from food service establishments like restaurants which are being increasingly setup in cities across Thailand due to its rapidly growing population. An increase in disposable incomes has also fuelled the demand for better quality papers used mainly for printing books & magazines which are becoming increasingly popular among readers with access to higher purchasing power due to their improved financial position over time. Advances in technology such as digital printing have enabled manufacturers to produce high-quality papers more efficiently leading further boosting profits margins while providing customers with superior quality products resulting into increased demand from all sectors using printed materials such as advertising companies or educational institutions amongst others.
Challenges of the Market
Paper prices depend largely on raw material prices which vary significantly depending on seasonality or international events making it difficult for suppliers/manufacturers to determine future pricing trends accurately impacting overall profitability negatively. With increasing awareness around ecological conservation efforts there is mounting pressure on organizations operating within this sector take measures towards reducing emissions caused by production processes as well as use recyclable raw materials wherever possible so that they can comply with regulations set up by respective governments worldwide.
Covid-19 Impact on the Market
The COVID-19 pandemic has caused an unprecedented decline in global economic activities, leading to supply chain disruptions across many industries including paper & paperboard markets in Thailand. The closure of international borders due to lockdown restrictions imposed by various governments have hampered raw material imports from China, India, Indonesia, etc., which are used as a raw material for producing paper & paperboard products in Thailand. This has led to increased prices and heightened shortages of these essential items needed by the industry. In addition, restricted access to retail outlets coupled with people opting for online shopping has resulted in a fall in sales revenue for several companies operating within this industry.
Key Players of the Market
Some of the major players operating within Thailand PaperBoard Market include SCG Packaging Co Ltd., Nine Dragons Paper (Holdings) Limited, ITC Limited, International Paper Company, Nippon Paper Industries Co Ltd., Oji Holding Corporation, Oren Hydrocarbons PLC, Sappi Limited, Stora Enso Oyj .
Key Highlights of the Report:
- Thailand Paper & Paperboard Market Outlook
- Market Size of Thailand Paper & Paperboard Market, 2025
- Forecast of Thailand Paper & Paperboard Market, 2032
- Historical Data and Forecast of Thailand Paper & Paperboard Revenues & Volume for the Period 2022-2032F
- Thailand Paper & Paperboard Market Trend Evolution
- Thailand Paper & Paperboard Market Drivers and Challenges
- Thailand Paper & Paperboard Price Trends
- Thailand Paper & Paperboard Porter's Five Forces
- Thailand Paper & Paperboard Industry Life Cycle
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Types for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Flexible Paper Packaging for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Boxboard for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Corrugated Box for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Others for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Grade Types for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Coated Unbleached ?kraft? Paperboard for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By White Line Chipboard (WLC) for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Label Paper for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Folding Box Board (FBB) for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Solid Bleached Sulfate (SBS) for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Others for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Applications for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Food for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Beverages for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Healthcare for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Personal Care for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Home Care for the Period 2022-2032F
- Historical Data and Forecast of Thailand Paper & Paperboard Market Revenues & Volume By Others for the Period 2022-2032F
- Thailand Paper & Paperboard Import Export Trade Statistics
- Market Opportunity Assessment By Types
- Market Opportunity Assessment By Grade Types
- Market Opportunity Assessment By Applications
- Thailand Paper & Paperboard Top Companies Market Share
- Thailand Paper & Paperboard Competitive Benchmarking By Technical and Operational Parameters
- Thailand Paper & Paperboard Company Profiles
- Thailand Paper & Paperboard Key Strategic Recommendations
