Market Share of Thailand Metal Packaging Industry
The Thailand Metal Packaging Market is highly fragmented due to the presence of several market players significantly contributing to the overall market share. Various international producers of metal packaging have kept up their investments in Thailand. Joint ventures with local partners are the most common type of foreign investment in this industry. Prominent global firms investing in Thailand for several years include Toyo Seikan, Takeuchi Press, Ball Corporation, Showa Denko, and Crown Holdings Inc. Lohakij Rung Charoen Sub Co., Ltd., SWAN Industries (Thailand) Company Limited, and Thai Beverage Can Ltd. are a few prominent domestic operating players.
In December 2022, The TCP Business Group, a prominent Thai-based food, and beverage company, and Crown Holdings teamed up to establish the Crown TCP aluminum can plant with a combined investment of THB 1,500 million (USD 42.36 million), with an anticipated production capacity of more than 820 million cans per year to manufacture Red Bull (Red Bull) export packaging for the Asia-Pacific area.
In August 2022, UACJ Corporation and Toyo Seikan Group Holdings, Ltd. created a 100% recycled aluminium can that produces 60% less CO2 than a standard aluminium can. In its limited editions of The Premium Malt's CO2 Reduction Can (350ml, 5.5% ABV) and The Premium Malt's Kaoru-Ale CO2 Reduction Can (350ml, 6% ABV), Suntory Spirits Ltd. has announced that it would use the world's first 100% recycled aluminium can.
Thailand Metal Packaging Market Leaders
Toyo Seikan Group Holdings, Ltd.
Showa Denko K.K. (SDK)
Crown Holdings, Inc.
Lohakij Rung Charoen Sub Co., Ltd.
Thai Beverage Can Ltd.
*Disclaimer: Major Players sorted in no particular order
