The Volume of Food category products packaged in Foil made from Paper & Board in Thailand attained a value of 1.99 million kg in 2021
The indicator recorded a historical growth (CAGR) of 1.51% between 2018 to 2021, and is expected to grow by ...
GlobalData projects the indicator to grow at a CAGR of ...
The food industry is the largest users of packaging materials in 2021. In the food industry, flexible packaging is the most widely used pack material, followed by paper & board in the same year. Under this industry, dairy food and confectionery are the top sectors using paper & board packaging. The demand for flexible packaging in food products is mostly attributed to its high consumption in pasta & noodles, dried food and fish & seafood, where in consumers tend to look for products that offer convenience (zip locks, re-sealable seals, light weight, cost efficient and easy to carry). On the other hand, paper & board packages, while being low-weight, also include benefits such as easy-storage and recyclability, producing less environmental damage through landfills.
Long shelf life without refrigeration and ecofriendly attributes are major drivers of paper & board packaging – largely used by dairy food sector. Usage of paper & board material is also expected to rise in confectionery and ice cream sectors.
Innovations in designs are intended to enhance visual appeal and gain premium positioning of products. For instance, Shining Moonlight recently unveiled their award-winning pack design for mooncakes in the shape of a lantern with a handle for efficient transport and portability.
Growing eco-consciousness among consumers, together with recyclable features attracts consumers to opt for paper & board packaged products. Apart from sustainability, light weight and convenience features of this packaging along with long-shelf life are the key parameters that drive the growth of this pack material in sectors such as dairy food.
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