The report covers Thailand Plastic Manufacturers and is segmented by Type (Traditional Plastics, Engineering Plastics, and Bioplastics) and Application (Packaging, Electrical and Electronics, Building and Construction, Automotive and Transportation, Furniture and Bedding, and Other Applications). The report offers market size and forecasts for the Thailand plastics market in terms of value (USD million) for all the above segments.

Thailand Thermoformed Plastic Market is projected to reach USD 2,129.61 million by 2032, growing at a CAGR of 4.5% from 2024-2032.

The Thai plastic supports market rose to $141M in 2024, increasing by 3.7% against the previous year. Over the period under review, consumption, however, posted a prominent increase. Plastic supports consumption peaked at $145M in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

The Thailand Flexible Plastic Packaging Market Report is Segmented by Material (Polyethene [PE], Bi-Oriented Polypropylene [BOPP], Cast Polypropylene [CPP], Polyvinyl Chloride [PVC], Ethylene Vinyl Alcohol [EVOH], and Other Material Types [Polycarbonate, PHA, PLA, Acrylic, and ABS]), Product Type (Pouches, Bags, Films and Wraps, and Other Product Types), End-User Industry (Food [Frozen Food, Dry Food, Meat, Poultry, and Sea Food, Candy & Confectionery, Pet Food, Dairy Products, Fresh Produce and Other Food (Seasonings & Spices, Spreadables, Sauces, Condiments, Etc. )], Beverage, Medical and Pharmaceutical, Personal Care and Household Care, and Other End User Industry [Automotive, Chemical, Agriculture ]). The Market Sizes and Forecasts are Provided in Terms of Volume (Tonnes) for all the Above Segments.

In the second quarter of 2024, the manufacturing production index (MPI) for plastics in Thailand amounted to over 96 points. In that same period, the most contracting production index was plastic sacks, other plastic packaging, pipes, and fittings.

The Thailand Plastic Market size was valued at USD 17.6 Billion in 2024 and is projected to reach USD 26.4 Billion by 2032, growing at a CAGR of 5.2% from 2026 to 2032.

Thailand Plastic Market Dynamics

The key market dynamics that are shaping the Thailand plastic market include:

Key Market Drivers

Growing Packaging Industry Demand: The increasing demand for packaging materials, is fueled by the country’s thriving consumer goods sector. As e-commerce and retail continue to expand, there is a heightened need for durable, lightweight, and cost-effective packaging solutions. The Thailand Board of Investment (BOI) reported that the packaging industry in Thailand grew by 6.8% in 2022, with plastics playing a crucial role. According to the Thai Packaging Association, the country’s packaging market reached a value of 450 billion baht in 2022, with plastic packaging accounting for approximately 60% of this total.

The Thailand Plastic Packaging Films Market Report is Segmented by Type (Polypropylene (Biaxially Oriented Polypropylene (BOPP), Cast Polypropylene (CPP)), Polyethylene (Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE)), Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET)), Polystyrene, Bio-Based, and PVC, EVOH, PETG, and Other Film Types), by End-User Industry (Food [Candy & Confectionery, Frozen Foods, Fresh Produce, Dairy Products, Dry Foods, Meat, Poultry, and Seafood, Pet Food, and Other Food Products (Seasonings & Spices, Spreadables, Sauces, Condiments, Etc. ), Healthcare, Personal Care & Home Care, Industrial Packaging, Other End-Use Industry Applications). The Market Sizes and Forecasts are Provided in Terms of Volume (Tonnes) for all the Above Segments.

The Thailand plastic market, valued at $37.42 billion in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 5.18% from 2025 to 2033. This expansion is fueled by several key factors. The burgeoning packaging industry, fueled by increasing consumer goods demand and e-commerce growth, significantly contributes to market expansion. Simultaneously, the electronics and electrical appliances sector, a major consumer of plastic components, is experiencing steady growth, further boosting demand. The construction and automotive industries also play crucial roles, utilizing plastics for various applications ranging from insulation to interior components. Technological advancements in plastic processing techniques, such as injection molding and blow molding, are enhancing efficiency and enabling the creation of more sophisticated plastic products. However, growing environmental concerns regarding plastic waste and stricter regulations aimed at reducing plastic pollution represent significant restraints. The market is segmented by end-user (packaging, electronics, construction, automotive, others) and technique (injection molding, blow molding, roto molding, casting, others). Major players, including 3M Co., BASF SE, Berry Global Inc., and Dow Chemical Co., compete through strategic partnerships, technological innovation, and expansion into new market segments. The competitive landscape is dynamic, with companies focused on developing sustainable plastic alternatives and optimizing their manufacturing processes to enhance efficiency and reduce their environmental impact. The focus on sustainable practices is expected to shape the market's future trajectory. The forecast period (2025-2033) anticipates continued market growth, although the rate may fluctuate due to global economic conditions and shifts in consumer preferences toward eco-friendly alternatives. Continued investment in research and development of biodegradable and recyclable plastics will be crucial for sustainable growth. The regional focus on Thailand underscores its importance as a manufacturing hub in Southeast Asia, benefiting from a growing economy and supportive government policies, albeit with a need to address environmental challenges associated with plastic waste management. Analyzing the market share of each segment, and the competitive strategies of key players, provides a comprehensive understanding of the Thailand plastic market's dynamics and future potential.

Thailand Rigid Plastic Packaging Market Report is Segmented by Product Type (Bottles and Jars, Trays and Containers, Caps and Closures, Intermediate Bulk Containers (IMCs), Drums, Pallets, and Other Product Types), Material Type (Polyethylene (PE) (LDPE & LLDPE and HDPE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS) and Expanded Polystyrene (EPS), Polyvinyl Chloride (PVC), and Other Rigid Plastic Packaging Materials), and by End-Use Industries (Food (Candy & Confectionary, Frozen Foods, Fresh Produce, Dairy Products, Dry Foods, Meat, Poultry and Seafood, Pet Food and Other Food Products), Foodservice (Quick Service Restaurants, Full Service Restaurants, Coffee and Snack Outlets, Retail Establishments, Institutional, Hospitality, and Other Foodservice End-Uses), Beverage, Healthcare, Cosmetics and Personal Care, Industrial, Building and Construction, Automotive, and Other End-Use Industries (Household Products, and Logistics)). The Market Sizing and Forecasts are Provided in Terms of Volume (tons) for all the Above Segments.

The Thailand Plastic Bottles Market Report is Segmented by Resin (Polyethylene [PE], Polyethylene Terephthalate [PET], Polypropylene [PP], and Other Resins) and End-User Industry (Food, Beverage {Bottled Water, Carbonated Soft Drinks, Alcoholic Beverages, Juices and Energy Drinks and Other Beverages [Powdered and Dairy-Based Beverages}], Pharmaceuticals, Personal Care and Toiletries, Household Chemicals, Paints and Coatings, and Other End-User Industries). The Market Sizes and Forecasts are Provided in Terms of Value (USD) and Volume (Tonnes) for all the Above Segments.

The South-East Asia Plastic Market Report is Segmented by Type (Traditional Plastics, Engineering Plastics, And Bioplastics), Technology (Blow Molding, Extrusion, Injection Molding, And Other Technologies), Application (Packaging, Electrical and Electronics, Building and Construction, Automotive, And Transportation, Housewares, Furniture, And Bedding, And Other Applications), And Geography (Indonesia, Thailand, Malaysia, Singapore, Philippines, Vietnam, And Rest of South-East Asia). The Report Offers Market Size and Forecasts for the South-East Asia Plastics Market Based On Volume (tons) for all the Above Segments.

The Thailand rigid plastic packaging market is projected to grow at a CAGR of 5.28% from 2025 to 2033, driven by increasing demand for packaged food, beverages, and personal care products. The rising disposable income and changing lifestyles are also contributing to the growth of the market. However, the market is facing challenges such as the rising cost of raw materials and environmental concerns. The market is dominated by domestic players, with Amcor Group GmbH, Berry Global Inc., and Crown Seal Public Company Limited being the major players. The increasing demand for packaged food and beverages is a major driver for the growth of the Thailand rigid plastic packaging market. The growing population and urbanization are leading to a rise in the consumption of packaged food and beverages. The convenience and affordability of packaged products are also contributing to the growth of the market. The market is also benefiting from the growing demand for personal care products, such as cosmetics and toiletries. The rising disposable income and changing lifestyles are leading to an increase in the consumption of personal care products. The growth of the e-commerce industry is also driving the demand for rigid plastic packaging. Recent developments include: April 2024: Suntory PepsiCo Beverage (Thailand) Co. Ltd, a manufacturer and distributor of beverages under the Suntory and PepsiCo brands in Thailand, unveiled its new Pepsi 1.45-liter rPET (recycled PET) bottles. This initiative underscores the company's commitment to sustainability and aims to bolster its brand image as an environmentally-conscious entity., April 2024: Amcor Group GmbH, a Switzerland-based company with operations in Thailand, introduced a one-liter polyethylene terephthalate (PET) bottle crafted entirely from 100% post-consumer recycled (PCR) content, specifically designed for carbonated soft drinks (CSDs).. Key drivers for this market are: Rising Demand for Convenient and Durable Food and Beverage Packaging Solutions, Increasing Investment in Product Innovations by Manufacturers. Potential restraints include: Rising Demand for Convenient and Durable Food and Beverage Packaging Solutions, Increasing Investment in Product Innovations by Manufacturers. Notable trends are: Polyethylene Terephthalate (PET) Segment is Estimated to Have the Largest Market Share.

For the fourth year in a row, the Thai hard plastic comb market recorded growth in sales value, which increased by 16% to $5.8M in 2024. In general, consumption continues to indicate prominent growth. Over the period under review, the market reached the peak level in 2024 and is expected to retain growth in years to come.

In 2024, the Thai market for floor, wall or ceiling coverings of plastics decreased by -14% to $96M, falling for the third consecutive year after four years of growth. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Consumption of peaked at $149M in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

Forecast: Import of Machinery for Rubber and Plastics Industry to Thailand 2024 - 2028 Discover more data with ReportLinker!

The Thai plastic packaging market fell slightly to $2.3B in 2024, remaining constant against the previous year. The market value increased at an average annual rate of +1.6% from 2012 to 2024; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Plastic packaging consumption peaked at $2.3B in 2023, and then fell modestly in the following year.

The Thai plastic box market declined slightly to $902M in 2024, dropping by -5% against the previous year. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $1.1B in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

Plastic Packaging Price in Thailand - 2023. Find the latest marketing data on the IndexBox platform.

Malaysia and Thailand Thermoformed Plastic Market size was valued at USD 474.24 Million in 2024 and is projected to reach USD 651.03 Million by 2031, growing at a CAGR of 4.04% from 2024 to 2031.

Malaysia and Thailand Thermoformed Plastic Market Drivers

Rising Demand in Packaging Industry: The packaging industry in both Malaysia and Thailand is expanding due to increased consumerism and a growing e-commerce sector. Thermoformed plastics are widely used in packaging applications due to their lightweight, durability, and cost-effectiveness, driving demand in the region.

Growth in Food and Beverage Sector: The food and beverage industry in these countries is a major consumer of thermoformed plastics for packaging. The increasing preference for packaged and processed foods is boosting the demand for thermoformed plastic packaging, especially for convenience and ready-to-eat products.

Automotive Industry Expansion: The automotive sector in Malaysia and Thailand is growing, and thermoformed plastics are increasingly used for manufacturing various components, such as interior panels, dashboards, and other lightweight parts. The push for lightweight vehicles to improve fuel efficiency is further driving the demand for thermoformed plastics in this industry.

The Thai market for plastics pipes and pipe fittings stood at $1.6B in 2024, leveling off at the previous year. Over the period under review, the total consumption indicated prominent growth from 2012 to 2024: its value increased at an average annual rate of +5.0% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -2.6% against 2022 indices.