Bangkok 10 Jul- Thai Packaging Association Thai Printing Association and the Thai Corrugated Packaging Association Accelerate the printing-packaging business that is continuously recovering. with a total value of more than 300 billion baht, accounting for 1.8% of Thailand’s GDP and is likely to grow another 2% next year, while the sustainable packaging trend is strong, emphasizing the sustainable green packaging trend.
Mr. Phongthira Phatthanapiradej, President of the Thai Printing Association, said that the printing industry for Thailand is considered a supporting industry (Supporting Industry), both printing and packaging for various products and services. Which grows in line with the country’s GDP. Currently, Thailand has a GDP of 16.5 trillion baht, with the printing and packaging industry accounting for 1.8 percent, worth about 300,000 million baht, divided into 60 percent of the packaging industry and 100 percent of the printing industry. 40 per cent, with the supporting factor from the expansion of the printing industry supporting the e-commerce business that is growing exponentially. Including the factor of the big election in Thailand during the second quarter of the past, causing money to flow around 20,000 – 30,000 million baht, creating value for the entire printing industry about 120,000 million baht.
Factors that encourage the printing-packaging business sector Growing strong and strong It is linked to changing behaviors in people’s lives today, causing both large and small entrepreneurs to accelerate their strategies. Emphasis on increasing production potential to create sustainable growth Both importing and developing modern technology for production that meets the needs of partners and consumers who turn to the importance of printing and packaging of products in terms of appearance. beautiful creative design It is safe to transport and considering being environmentally friendly As a result, Thailand, which has strengths as a production base that is stable, strong and stable continuously and is in the geographical center of Southeast Asia to aim to become a world-class production base in the future It is expected that the printing industry in Thailand in 2024 will grow by more than 2% or worth more than 122,500 million baht.
Mr. Prasert Loyuenyong, President of the Thai Packaging Association, said that packaging products are products that cannot be replaced by anything. Therefore, this is an opportunity for expansion. Together with the government’s policy to become the kitchen of the world, the packaging industry for ready-to-eat food for export has grown even more. In addition, the e-commerce market factor during the past COVID period is also an important part that causes the use of packaging for exports as well, such as the production of smart labels on the packaging. such as using QR codes and RFID to track parcels (Trace and Track), etc.
Latest Thai Packaging Association Thai Printing Association and the Thai Corrugated Packaging Association Prepare to join forces with Messe Düsseldorf Asia to organize an international exhibition for the packaging and printing industry. And corrugated paper in Asia or PACK PRINT INTERNATIONAL 2023 and CorruTec ASIA 2023 No. 9 between 20 – 23 September 2023 at the exhibition and convention center, BITEC, Bangna, to emphasize the potential of the corrugated packaging market that is growing rapidly. This is in line with government policies that are focusing on promoting the bioeconomy. circular economy and green economy Packaging and printing sector as well as sourcing sustainable raw materials. From 2022 to date, the global sustainable packaging industry is valued at $101.4 billion. and is expected to reach $ 211.5 billion by the year 2032 .-Thai News Agency
Source: Thai News Agency