The plastic market share in Thailand is expected to grow by USD 8.63 billion, decelerating at a CAGR of 4.72% during the forecast period. The increasing demand for packaging materials will offer immense growth opportunities to market vendors. In addition, effective waste management is the major plastic market trend in Thailand which will positively influence the growth of the market. However, the stringent regulations will hamper the market value.
Technavio's research report analyses all the growth drivers that are likely to boost market growth along with market trends. The report also assesses the market segments and regional segments to provide a comprehensive analysis of the market in focus. The purpose of the research report is to create a 360-degree view of the market. Unlock Free Sample Analysis Report
Plastic Market In Thailand: Segments and Geographical Regions
The plastic market share in Thailand is segmented by end-user (packaging, electronics, electrical appliances, construction, automotive, and others) and trade type (domestic and export).
The plastic market growth in Thailand by the packaging segment will be significant during the forecast period. Plastics are an integral part of the packaging industry and are used by most manufacturers as they are durable and act as a barrier to prevent moisture from affecting the product. These factors are expected to drive the segment's growth during the forecast period.
Technavio's research report will provide insights into the current market share of each segment along with growth projections for the next five years.
Plastic Market In Thailand: Vendor Analysis
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