Product Code: ETC007185 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
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.
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.
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.
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.
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 .
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 Paper & Paperboard Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Paper & Paperboard Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Paper & Paperboard Market - Industry Life Cycle |
3.4 Thailand Paper & Paperboard Market - Porter's Five Forces |
3.5 Thailand Paper & Paperboard Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Thailand Paper & Paperboard Market Revenues & Volume Share, By Grade Types, 2021 & 2031F |
3.7 Thailand Paper & Paperboard Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Paper & Paperboard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Paper & Paperboard Market Trends |
6 Thailand Paper & Paperboard Market, By Types |
6.1 Thailand Paper & Paperboard Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Thailand Paper & Paperboard Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Thailand Paper & Paperboard Market Revenues & Volume, By Flexible Paper Packaging, 2021-2031F |
6.1.4 Thailand Paper & Paperboard Market Revenues & Volume, By Boxboard, 2021-2031F |
6.1.5 Thailand Paper & Paperboard Market Revenues & Volume, By Corrugated Box, 2021-2031F |
6.1.6 Thailand Paper & Paperboard Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Paper & Paperboard Market, By Grade Types |
6.2.1 Overview and Analysis |
6.2.2 Thailand Paper & Paperboard Market Revenues & Volume, By Coated Unbleached ?kraft? Paperboard, 2021-2031F |
6.2.3 Thailand Paper & Paperboard Market Revenues & Volume, By White Line Chipboard (WLC), 2021-2031F |
6.2.4 Thailand Paper & Paperboard Market Revenues & Volume, By Label Paper, 2021-2031F |
6.2.5 Thailand Paper & Paperboard Market Revenues & Volume, By Folding Box Board (FBB), 2021-2031F |
6.2.6 Thailand Paper & Paperboard Market Revenues & Volume, By Solid Bleached Sulfate (SBS), 2021-2031F |
6.2.7 Thailand Paper & Paperboard Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Paper & Paperboard Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Thailand Paper & Paperboard Market Revenues & Volume, By Food, 2021-2031F |
6.3.3 Thailand Paper & Paperboard Market Revenues & Volume, By Beverages, 2021-2031F |
6.3.4 Thailand Paper & Paperboard Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.5 Thailand Paper & Paperboard Market Revenues & Volume, By Personal Care, 2021-2031F |
6.3.6 Thailand Paper & Paperboard Market Revenues & Volume, By Home Care, 2021-2031F |
6.3.7 Thailand Paper & Paperboard Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Paper & Paperboard Market Import-Export Trade Statistics |
7.1 Thailand Paper & Paperboard Market Export to Major Countries |
7.2 Thailand Paper & Paperboard Market Imports from Major Countries |
8 Thailand Paper & Paperboard Market Key Performance Indicators |
9 Thailand Paper & Paperboard Market - Opportunity Assessment |
9.1 Thailand Paper & Paperboard Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Thailand Paper & Paperboard Market Opportunity Assessment, By Grade Types, 2021 & 2031F |
9.3 Thailand Paper & Paperboard Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Paper & Paperboard Market - Competitive Landscape |
10.1 Thailand Paper & Paperboard Market Revenue Share, By Companies, 2024 |
10.2 Thailand Paper & Paperboard Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |