Thailand Metal Packaging Market Drivers of Growth: Opportunities to 2033

Thailand Metal Packaging Market by Material Type (Aluminum, Steel), by Product Type (Cans, Bulk Containers, Shipping Barrels and Drums, Caps and Closures), by End-User Vertical (Beverage, Food, Paints and Chemicals, Industrial), by Thailand Forecast 2025-2033

Jun 8 2025
Base Year: 2024
197 Pages
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Thailand Metal Packaging Market Drivers of Growth: Opportunities to 2033

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Key Insights

The Thailand metal packaging market, valued at approximately $X million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 7.62% from 2025 to 2033. This expansion is driven primarily by the burgeoning food and beverage industry, coupled with increasing demand for convenient and durable packaging solutions across sectors like paints and chemicals. The rise of e-commerce and the consequent need for secure and tamper-evident packaging further fuels market growth. Aluminum and steel remain dominant materials, with aluminum cans particularly prevalent in the beverage sector. However, sustainable packaging trends are starting to influence material choices, with increased exploration of recycled metal and lighter-weight packaging options to reduce environmental impact. Key players like Asian-Pacific Can Co Ltd, Showa Denko K K, and Crown Holdings Inc. are actively shaping the market landscape through strategic investments and innovation in product design and manufacturing technologies. Competitive pressures are moderate, with established players maintaining significant market share. However, the emergence of new entrants with innovative products and sustainable practices presents a dynamic competitive environment. While fluctuating raw material prices and potential supply chain disruptions pose challenges, the overall market outlook remains positive, driven by consistent economic growth and evolving consumer preferences.

The segment analysis reveals significant contributions from aluminum cans within the beverage industry, reflecting Thailand's vibrant beverage sector. The aerosol can segment is also witnessing considerable growth, driven by the expanding personal care and household product markets. While steel packaging remains important for certain applications, aluminum's lightweight and recyclability are contributing to its market dominance. The future holds opportunities for companies focused on sustainable practices, particularly those incorporating recycled materials and innovative packaging designs that reduce environmental impact. This commitment to sustainability will likely become a critical differentiator in this increasingly competitive market. Further growth can be attributed to government initiatives supporting domestic manufacturing and improving infrastructure.

Thailand Metal Packaging Market Research Report - Market Size, Growth & Forecast

Thailand Metal Packaging Market: A Comprehensive Report (2019-2033)

This comprehensive report provides an in-depth analysis of the Thailand metal packaging market, offering invaluable insights for businesses operating within this dynamic sector. With a detailed study period spanning from 2019 to 2033, including a base year of 2025 and a forecast period from 2025 to 2033, this report delivers actionable intelligence on market size, segmentation, competitive landscape, and future growth prospects. The report utilizes data from the historical period of 2019-2024 and incorporates key industry developments to offer a holistic view of the market.

Thailand Metal Packaging Market Structure & Competitive Dynamics

This section analyzes the competitive intensity, innovation landscape, and regulatory environment of the Thailand metal packaging market. The market is moderately concentrated, with several key players holding significant market shares. Key players include Asian-Pacific Can Co Ltd (Thai Union Group PCL), Showa Denko K K (SDK), Thai Beverage Can Ltd, Lohakij Rung Charoen Sub Co Ltd, Royal Can Industries Company Limited, Crown Holdings Inc, ALUCON Public Company Limited (TAKEUCHI PRESS INDUSTRIES CO LTD), SWAN Industries (Thailand) Company Limited, Bangkok Can Manufacturing Co Ltd, Toyo Seikan Group Holdings Ltd, Standard Can Co Ltd (Thailand), and Next Can Innovation Co Ltd. However, the list is not exhaustive.

  • Market Concentration: The market exhibits a moderate level of concentration, with the top five players holding an estimated xx% market share in 2025. Further analysis reveals a trend towards consolidation through mergers and acquisitions (M&A).
  • Innovation Ecosystems: Significant innovation is observed in sustainable packaging solutions, focusing on lightweighting, recyclability, and the reduction of environmental impact. This is driven by increasing consumer demand for eco-friendly products and stringent government regulations.
  • Regulatory Frameworks: Government regulations play a significant role, focusing on material sourcing, waste management, and environmental sustainability. Compliance with these regulations is crucial for market players.
  • Product Substitutes: The primary substitute for metal packaging is plastic packaging; however, growing environmental concerns are driving a shift towards metal due to its recyclability.
  • End-User Trends: The beverage and food sectors are the major end-users, driving the overall demand for metal packaging. A growing preference for convenient and shelf-stable packaging fuels this trend.
  • M&A Activities: The past five years have seen xx M&A deals with a total estimated value of xx Million, indicating a consolidating market landscape. These activities are primarily driven by the need to expand market reach and access new technologies.

Thailand Metal Packaging Market Industry Trends & Insights

This section delves into the key drivers and challenges influencing market growth. The Thailand metal packaging market is experiencing a Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033). This growth is fueled by several factors:

  • Growing Demand from Food & Beverage Sector: The increasing demand for packaged food and beverages in Thailand is a major driver.
  • Technological Advancements: Innovations in metal packaging technology, such as lightweighting and improved printing capabilities, enhance product appeal and efficiency.
  • Shifting Consumer Preferences: Consumers increasingly prefer convenient and shelf-stable packaging, boosting demand for metal packaging.
  • Rising Disposable Incomes: Increased purchasing power fuels greater consumption of packaged goods.
  • Government Initiatives: Government support for sustainable packaging solutions is also contributing to market growth.
  • Market Penetration: The market penetration of metal packaging is estimated to reach xx% by 2033, indicating significant growth potential.
  • Competitive Dynamics: Intense competition among existing players drives innovation and efficiency gains.
Thailand Metal Packaging Market Growth

Dominant Markets & Segments in Thailand Metal Packaging Market

The report identifies key segments and their growth drivers. The beverage segment is currently the dominant end-user vertical, followed by the food sector. Aluminum is the leading material type due to its lightweight and recyclability features.

  • By Material Type:
    • Aluminum: Dominates due to its lightweight, recyclability, and barrier properties. Growth is driven by the increasing demand for lightweight and sustainable packaging solutions.
    • Steel: Offers strength and durability but faces challenges related to weight and recyclability. Growth is expected to be relatively slower compared to aluminum.
  • By Product Type:
    • Cans: This segment constitutes the largest share of the market, driven by high demand from the beverage and food industries.
    • Aerosol Cans: Shows steady growth due to the increasing popularity of aerosol products.
    • Bulk Containers, Shipping Barrels and Drums: This segment experiences moderate growth, primarily driven by the industrial sector.
    • Caps and Closures: A supporting segment with steady growth alongside the main product types.
    • Other Product Types: This category shows potential for growth driven by niche applications.
  • By End-User Vertical:
    • Beverage: This segment dominates the market due to the high consumption of packaged beverages in Thailand. Key drivers include increasing disposable incomes and a preference for convenient packaging.
    • Food: This segment exhibits strong growth due to the rise in demand for packaged food products.
    • Paints and Chemicals: This sector displays steady growth driven by industrial applications.
    • Industrial: Moderate growth, driven by the requirement for safe and durable packaging for various industrial goods.
    • Other End-users: This category shows varied growth based on evolving needs across different sectors.

Thailand Metal Packaging Market Product Innovations

Recent product innovations focus on enhancing sustainability, reducing material usage, and improving recyclability. Lightweighting of cans, use of recycled content, and development of innovative coatings are major trends. These innovations provide competitive advantages by reducing costs, improving environmental profiles, and meeting evolving consumer preferences.

Report Segmentation & Scope

This report provides a comprehensive segmentation of the Thailand metal packaging market across material type (aluminum, steel), product type (cans, aerosol cans, bulk containers, shipping barrels and drums, caps and closures, other product types), and end-user vertical (beverage, food, paints and chemicals, industrial, other end-users). Each segment includes growth projections, market size estimations, and competitive landscape analysis. For example, the aluminum can segment shows xx Million market size in 2025, with projected growth of xx% by 2033. Similarly, the beverage end-user segment is expected to dominate the market throughout the forecast period, with significant growth driven by rising consumption of ready-to-drink beverages.

Key Drivers of Thailand Metal Packaging Market Growth

The growth of the Thailand metal packaging market is propelled by factors such as rising disposable incomes leading to increased consumption of packaged goods, government initiatives promoting sustainable packaging, and technological advancements in lightweighting and recycling technologies. The burgeoning food and beverage sector, particularly the ready-to-drink beverage segment, is a key driver of demand.

Challenges in the Thailand Metal Packaging Market Sector

The industry faces challenges like fluctuating raw material prices (aluminum and steel), stringent environmental regulations requiring sustainable practices, and intense competition, which can pressure profit margins. Supply chain disruptions and rising energy costs pose additional hurdles, impacting overall market stability.

Leading Players in the Thailand Metal Packaging Market Market

  • Asian-Pacific Can Co Ltd (Thai Union Group PCL)
  • Showa Denko K K (SDK)
  • Thai Beverage Can Ltd
  • Lohakij Rung Charoen Sub Co Ltd
  • Royal Can Industries Company Limited
  • Crown Holdings Inc
  • ALUCON Public Company Limited (TAKEUCHI PRESS INDUSTRIES CO LTD)
  • SWAN Industries (Thailand) Company Limited
  • Bangkok Can Manufacturing Co Ltd
  • Toyo Seikan Group Holdings Ltd
  • Standard Can Co Ltd (Thailand)
  • Next Can Innovation Co Ltd

Key Developments in Thailand Metal Packaging Market Sector

  • October 2022: A webinar titled "2022 Metal Packaging: Challenges and Opportunities" highlighted sustainability concerns, specifically BPA-NI in metal packaging and the impact of CBAM (Carbon Border Adjustment Mechanism).
  • February 2022: Crown Holdings announced new recycling commitments for aluminum cans, aiming for an 80% recycling rate in APAC by 2030, with specific targets for Thailand set by the end of 2025.

Strategic Thailand Metal Packaging Market Outlook

The Thailand metal packaging market presents significant growth opportunities driven by increasing consumer demand, government support for sustainable packaging, and technological innovations. Strategic investments in sustainable packaging solutions, expansion into new product segments, and strengthening supply chain resilience will be crucial for sustained success in this competitive market. The focus on lightweighting, improved recyclability and the implementation of circular economy initiatives presents significant growth opportunities for companies in the sector.

Thailand Metal Packaging Market Segmentation

  • 1. Material Type
    • 1.1. Aluminum
    • 1.2. Steel
  • 2. Product Type
    • 2.1. Cans
      • 2.1.1. Food Cans
      • 2.1.2. Beverage Cans
      • 2.1.3. Aerosol Cans
    • 2.2. Bulk Containers
    • 2.3. Shipping Barrels and Drums
    • 2.4. Caps and Closures
  • 3. End-User Vertical
    • 3.1. Beverage
    • 3.2. Food
    • 3.3. Paints and Chemicals
    • 3.4. Industrial

Thailand Metal Packaging Market Segmentation By Geography

  • 1. Thailand
Thailand Metal Packaging Market Regional Share

Thailand Metal Packaging Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of 7.62% from 2019-2033
Segmentation
    • By Material Type
      • Aluminum
      • Steel
    • By Product Type
      • Cans
        • Food Cans
        • Beverage Cans
        • Aerosol Cans
      • Bulk Containers
      • Shipping Barrels and Drums
      • Caps and Closures
    • By End-User Vertical
      • Beverage
      • Food
      • Paints and Chemicals
      • Industrial
  • By Geography
    • Thailand

Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Growing Urbanization and Consistent Economic Growth in the Country; Growing Demand for Canned Food may Drive the Market Growth
      • 3.3. Market Restrains
        • 3.3.1. Monitoring issues and lack of standardization
      • 3.4. Market Trends
        • 3.4.1. Growing Demand for Canned Food may Drive the Market Growth
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Thailand Metal Packaging Market Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Material Type
      • 5.1.1. Aluminum
      • 5.1.2. Steel
    • 5.2. Market Analysis, Insights and Forecast - by Product Type
      • 5.2.1. Cans
        • 5.2.1.1. Food Cans
        • 5.2.1.2. Beverage Cans
        • 5.2.1.3. Aerosol Cans
      • 5.2.2. Bulk Containers
      • 5.2.3. Shipping Barrels and Drums
      • 5.2.4. Caps and Closures
    • 5.3. Market Analysis, Insights and Forecast - by End-User Vertical
      • 5.3.1. Beverage
      • 5.3.2. Food
      • 5.3.3. Paints and Chemicals
      • 5.3.4. Industrial
    • 5.4. Market Analysis, Insights and Forecast - by Region
      • 5.4.1. Thailand
  6. 6. Competitive Analysis
    • 6.1. Market Share Analysis 2024
      • 6.2. Company Profiles
        • 6.2.1 Asian-Pacific Can Co Ltd (Thai Union Group PCL)
          • 6.2.1.1. Overview
          • 6.2.1.2. Products
          • 6.2.1.3. SWOT Analysis
          • 6.2.1.4. Recent Developments
          • 6.2.1.5. Financials (Based on Availability)
        • 6.2.2 Showa Denko K K (SDK)
          • 6.2.2.1. Overview
          • 6.2.2.2. Products
          • 6.2.2.3. SWOT Analysis
          • 6.2.2.4. Recent Developments
          • 6.2.2.5. Financials (Based on Availability)
        • 6.2.3 Thai Beverage Can Ltd
          • 6.2.3.1. Overview
          • 6.2.3.2. Products
          • 6.2.3.3. SWOT Analysis
          • 6.2.3.4. Recent Developments
          • 6.2.3.5. Financials (Based on Availability)
        • 6.2.4 Lohakij Rung Charoen Sub Co Ltd
          • 6.2.4.1. Overview
          • 6.2.4.2. Products
          • 6.2.4.3. SWOT Analysis
          • 6.2.4.4. Recent Developments
          • 6.2.4.5. Financials (Based on Availability)
        • 6.2.5 Royal Can Industries Company Limited*List Not Exhaustive
          • 6.2.5.1. Overview
          • 6.2.5.2. Products
          • 6.2.5.3. SWOT Analysis
          • 6.2.5.4. Recent Developments
          • 6.2.5.5. Financials (Based on Availability)
        • 6.2.6 Crown Holdings Inc
          • 6.2.6.1. Overview
          • 6.2.6.2. Products
          • 6.2.6.3. SWOT Analysis
          • 6.2.6.4. Recent Developments
          • 6.2.6.5. Financials (Based on Availability)
        • 6.2.7 ALUCON Public Company Limited (TAKEUCHI PRESS INDUSTRIES CO LTD )
          • 6.2.7.1. Overview
          • 6.2.7.2. Products
          • 6.2.7.3. SWOT Analysis
          • 6.2.7.4. Recent Developments
          • 6.2.7.5. Financials (Based on Availability)
        • 6.2.8 SWAN Industries (Thailand) Company Limited
          • 6.2.8.1. Overview
          • 6.2.8.2. Products
          • 6.2.8.3. SWOT Analysis
          • 6.2.8.4. Recent Developments
          • 6.2.8.5. Financials (Based on Availability)
        • 6.2.9 Bangkok Can Manufacturing Co Ltd
          • 6.2.9.1. Overview
          • 6.2.9.2. Products
          • 6.2.9.3. SWOT Analysis
          • 6.2.9.4. Recent Developments
          • 6.2.9.5. Financials (Based on Availability)
        • 6.2.10 Toyo Seikan Group Holdings Ltd
          • 6.2.10.1. Overview
          • 6.2.10.2. Products
          • 6.2.10.3. SWOT Analysis
          • 6.2.10.4. Recent Developments
          • 6.2.10.5. Financials (Based on Availability)
        • 6.2.11 Standard Can Co Ltd (Thailand)
          • 6.2.11.1. Overview
          • 6.2.11.2. Products
          • 6.2.11.3. SWOT Analysis
          • 6.2.11.4. Recent Developments
          • 6.2.11.5. Financials (Based on Availability)
        • 6.2.12 Next Can Innovation Co Ltd
          • 6.2.12.1. Overview
          • 6.2.12.2. Products
          • 6.2.12.3. SWOT Analysis
          • 6.2.12.4. Recent Developments
          • 6.2.12.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: Thailand Metal Packaging Market Revenue Breakdown (Million, %) by Product 2024 & 2032
  2. Figure 2: Thailand Metal Packaging Market Share (%) by Company 2024

List of Tables

  1. Table 1: Thailand Metal Packaging Market Revenue Million Forecast, by Region 2019 & 2032
  2. Table 2: Thailand Metal Packaging Market Revenue Million Forecast, by Material Type 2019 & 2032
  3. Table 3: Thailand Metal Packaging Market Revenue Million Forecast, by Product Type 2019 & 2032
  4. Table 4: Thailand Metal Packaging Market Revenue Million Forecast, by End-User Vertical 2019 & 2032
  5. Table 5: Thailand Metal Packaging Market Revenue Million Forecast, by Region 2019 & 2032
  6. Table 6: Thailand Metal Packaging Market Revenue Million Forecast, by Country 2019 & 2032
  7. Table 7: Thailand Metal Packaging Market Revenue Million Forecast, by Material Type 2019 & 2032
  8. Table 8: Thailand Metal Packaging Market Revenue Million Forecast, by Product Type 2019 & 2032
  9. Table 9: Thailand Metal Packaging Market Revenue Million Forecast, by End-User Vertical 2019 & 2032
  10. Table 10: Thailand Metal Packaging Market Revenue Million Forecast, by Country 2019 & 2032

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Thailand Metal Packaging Market?

The projected CAGR is approximately 7.62%.

2. Which companies are prominent players in the Thailand Metal Packaging Market?

Key companies in the market include Asian-Pacific Can Co Ltd (Thai Union Group PCL), Showa Denko K K (SDK), Thai Beverage Can Ltd, Lohakij Rung Charoen Sub Co Ltd, Royal Can Industries Company Limited*List Not Exhaustive, Crown Holdings Inc, ALUCON Public Company Limited (TAKEUCHI PRESS INDUSTRIES CO LTD ), SWAN Industries (Thailand) Company Limited, Bangkok Can Manufacturing Co Ltd, Toyo Seikan Group Holdings Ltd, Standard Can Co Ltd (Thailand), Next Can Innovation Co Ltd.

3. What are the main segments of the Thailand Metal Packaging Market?

The market segments include Material Type, Product Type, End-User Vertical.

4. Can you provide details about the market size?

The market size is estimated to be USD XX Million as of 2022.

5. What are some drivers contributing to market growth?

Growing Urbanization and Consistent Economic Growth in the Country; Growing Demand for Canned Food may Drive the Market Growth.

6. What are the notable trends driving market growth?

Growing Demand for Canned Food may Drive the Market Growth.

7. Are there any restraints impacting market growth?

Monitoring issues and lack of standardization.

8. Can you provide examples of recent developments in the market?

October 2022: A webinar titled "2022 Metal Packaging: Challenges and Opportunities" was organized by the Thai Metal Packaging Association (TMPA), Kasetsart University (KU), and the Thailand Greenhouse Gas Management Organization (TGO) on October 19, 2022. For the corporation's sustainability GROWTH in the current era, both Challenges' topics-BPA-NI in Metal Packaging and CBAM-Environmental Issue-are essential.

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in Million.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Thailand Metal Packaging Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Thailand Metal Packaging Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Thailand Metal Packaging Market?

To stay informed about further developments, trends, and reports in the Thailand Metal Packaging Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.

Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step Chart
Bar Chart
Method Chart

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Approach Chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
Analyst Chart

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

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Discover the booming laminated label market, projected to reach $XX million by 2033 with a 5.17% CAGR. Explore key drivers, trends, and restraints shaping this dynamic industry, including e-commerce growth, sustainable packaging demands, and technological advancements. Learn about leading players and regional market insights.

July 2025
Base Year: 2024
No Of Pages: 234
Price: $4750

Glass Packaging Market XX CAGR Growth Analysis 2025-2033

The global glass packaging market is booming, projected to reach $XX million by 2033 with a CAGR of 4.21%. Driven by sustainability trends and rising demand for premium products, this report analyzes market size, growth drivers, regional trends, key players (Ardagh, Owens-Illinois), and end-use segments (food, beverage, personal care). Discover key insights and forecast data for informed decision-making.

July 2025
Base Year: 2024
No Of Pages: 234
Price: $4750

GCC Digital Printing Market Market Demand and Consumption Trends: Outlook 2025-2033

Discover the booming GCC digital printing market! This in-depth analysis reveals a CAGR of 8.93%, driven by e-commerce, personalized packaging, and brand enhancement. Explore market trends, segmentation (electrophotography, inkjet, various packaging formats), key players, and future projections for 2025-2033. Learn about growth opportunities in Saudi Arabia, UAE, Qatar, and the wider GCC region.

July 2025
Base Year: 2024
No Of Pages: 197
Price: $3800

Growth Strategies in APAC Blister Packaging Industry Market: 2025-2033 Outlook

The APAC blister packaging market is booming, projected to reach $X billion by 2025, with a CAGR of 6.5%. Discover key drivers, trends, and restraints shaping this dynamic industry, including the rise of sustainable materials and the dominance of key players like Uflex and Amcor. Learn more about market segmentation and regional insights.

July 2025
Base Year: 2024
No Of Pages: 210
Price: $4750

Germany Packaging Market Market Trends and Insights

Discover the booming German packaging market projected to reach €22 billion by 2033. This in-depth analysis reveals key trends, drivers, and restraints impacting growth, including sustainability initiatives, e-commerce surge, and regional market share. Learn about leading companies and future opportunities.

July 2025
Base Year: 2024
No Of Pages: 197
Price: $3800

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