Glass Container Market Overview in Thailand
In value terms, glass container production amounted to $1.9B in 2010 estimated in export prices. The total output value increased at an average annual rate of +7.3% from 2007 to 2010; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2010 when production volume increased by 12% against the previous year. In that year, glass container production attained its peak level and is likely to continue its growth in the immediate term.
The revenue of the glass container market in Thailand amounted to $3B in 2010, growing by 4.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +6.1% from 2007 to 2010; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2008 with an increase of 16% against the previous year. Over the period under review, the glass container market attained its peak figure level in 2010 and is expected to retain its growth in the immediate term.