The FMCG industry in Thailand is a significant sector that contributes significantly to the country's economy. It includes products such as food and beverages, personal care items, and household essentials. In recent years, the FMCG industry in Thailand has been growing steadily, driven by increasing consumer demand and government initiatives. In this article, we will examine the key statistics, factors contributing to growth and success, industry trends, challenges, and future outlook of the FMCG industry in Thailand.
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TOA PAINT (THAILAND) PCL
463
+66 2 335 5555 contact@toagroup.com
Company Profile TOA Paint (Thailand) Public Company Limited is the largest decorative paint manufacturer in South East Asia and exporter of premium paint products including decorative paint, heavy paint, wood coating, protective coating, marine coating, chemical construction, aerosol spray and abrasive product. TOA is the leader of innovative and decorative paint manufacturer in South East Asia who offer and supply a variety of demand by a plenty innovative painting solution system in both household and industrial market. More than 40 years of paint business, our products continue to gain an increasing share of the highly competitive in both international market and domestic sales due to our premium product quality and high service level. With high standard and strong product portfolio, TOA has been growing faster than the industry average. We draw our strengths from the new products, best-managed behavior, and also strong sales force. During the past ten year, TOA has expanded its…
SHERA PUBLIC COMPANY LIMITED
142
+66 2 289 9888 callcenter@shera.com
SHERA has been established for over 40 years and is one of the largest manufacturers of fibre cement boards, siding and roofing and concrete roof tiles in Thailand. SHERA has led the way in the roofing and walling industry with its creative flare and pioneering spirit. The company owned Shera and Ha Huang brands. Our creations are unique both in terms of their originality and aesthetic qualities and they have made the company a leader in the fibre cement industry in the Asia region. Shera is ranked No 1 Consumer Preference of Fibre Cement building material in Thailand for 8 consecutive years 2012-2019. SHERA employs over 3,000 employees throughout its Headquarters in Bangkok and across five manufacturing/distribution plants in Thailand. Our environmentally friendly building material products are sold in Thailand and available in more than 20 countries in Asia, Middle East, Europe and Africa. Our cutting edge production technology, distribution networks, marketing strategies a…
REDWOOD INTERIOR
132
+65 6368 0838 redwood@redwood.com.sg
Redwood is a contractor specialising in providing high quality interior and façade solutions to the worlds leading luxury retailers. Headquartered in Singapore since July 1992, we have expanded globally with offices situated in Hong Kong, Seoul, Shanghai, Malaysia, Tokyo, New York and Paris. With a headcount of over 1000 global employees and 50,000+ square metres of production facilities in Malaysia and Singapore, Redwood has proven capable of serving clients anywhere and everywhere. Tapping on our extensive facilities, we are able to provide Pre-Engineering, Project Management and in-house Production as a one-stop service for our esteemed clients. Our team is also capable of offering turnkey project solutions which encompasses the development of new designs and concepts, drafting, procurement logistics, quality control, production and eventually installation and post-contract services. Our core in-house production capabilities include carpentry, metal, glass treatment, PVD, veneer…
ZI-ARGUS
172
+66 2 319 9949 sales.zaa@zi-argus.com
INDEPENDENT PROVIDER OF PROCESS AUTOMATION AND CONTROL SOLUTIONS ZI-ARGUS, as an independent Systems Integrator, provides total solutions in Process Control, Automation, Engineering, Process Consultancy and Plant Optimization. Adding value to a wide section of high performance customers within the Asia-Pacific region, our professionals execute turn-key projects in process, manufacturing, infrastructure and data centre environments. The company has established an excellent reputation in the market and operates from offices in Australia, Indonesia, Philippines and Thailand.
SMS GROUP
75
+66 2 598 1128 info@smscor.com
SMS Group is the global leader of modified tapioca starch manufacturing at 400,000 tons annual capacity. We are completely Non-GMO, Gluten-Free and internationally certified including ISO, FDA, HACCP, FSSC 22000, KOSHER, HALAL. The Research Center is fully equipped with technology and highly skilled starch modifying specialists working closely with clients for innovative solutions meeting challenges in the food, paper, textile, adhesive and construction industries.
THE SIAM GYPSUM INDUSTRY
81
+66 2 555 0000 th_contact@siamgypsum.com
The Siam Gypsum Industry (SGI) or “Elephant Gypsum Board” was established in July 1982 to manufacture and supply gypsum wall and ceiling solutions. It categorizes Elephant Gypsum Board products into 6 categories: gypsum boards, gypsum tiles, metal profiles, gypsum compounds, gypsum partition systems, and accessories for walls and ceilings. In 2021, Elephant Gypsum Board changed its main shareholders and entered into a joint venture with Knauf, the worlds leading building materials company, and Siam Cement Group (SCG), the leading innovative construction materials and chemicals company in Thailand. Elephant Gypsum Board currently operates three factories and has a production capacity of more than 100 million square meters of gypsum boards per year, allowing it to meet the needs of customers throughout the country, including customers in more than 28 countries. The factory is located in SIL Industrial Estate, which has two factories in Saraburi province and one in Southern Industrial Es…
AMATA
218
+66 38 939 007 pongsupa@amata.com
Welcome to a world of exciting possibilities Amata is a leading developer and operator of industrial cities. Since 1989, we have helped global companies build an industrial base in Southeast Asia and grow their businesses. If you are looking to set up or expand your manufacturing base in the region, you need a partner with the infrastructure and professional support to guide your business towards success. Amata is that partner and Southeast Asia is the place to do it. Located at the very heart of global growth, it is no wonder investors view the region positively, especially with all the financial and commercial incentives on offer. Over the last 30 years, Amata has grown from a small entity to become an industrial giant, fired by the vision of Thai entrepreneur Vikrom Kromadit. We currently operate several prime sites in Thailand and Vietnam – with more in development in Laos – and offer a flexible package of services that create a secure and compelling investment opportunity. Organiz…
DZCARD
159
+66 2 705 1939 contact@dzcard.com
dzcard is the leading smart cards manufacturer in South-East Asia and Africa. dzcard is securing everyday lives in a connected world. Dzcard aims to provide solutions to the increasingly complex and fragmented digital lives by securing transactions, protecting identities and ensuring connections. It is empowering payment, fintech’s, telecom and governmental institutions with trustworthy product & solutions. dzcard is a fully integrated company and offer entire range products; cards, packaging, personalization, digital solutions and encrypted authentication. With more than 1,000 collaborators, operations in 3 continents, 2 factories and 5 scheme certified personalization centers, dzcard is delivering its solutions to clients all around the globe.
MINOR INTERNATIONAL
2,866
+65 3250 3325 feedback@minor.com
Minor International Public Company (MINT) is one of the largest hospitality and leisure companies in Asia Pacific Region. With over 535 hotels and resorts, 2,200 restaurants and 400 retails trading outlets, MINT meets the growing needs of consumers in 62 markets from Africa to Australia including South America and Europe. MINT is a hotel owner, operator and investor with a portfolio of more than 535 hotels, resorts and serviced suites under the Anantara, Avani, Elewana, Oaks, NH Hotels, NH Collection, nhow and TIVOLI. Through Minor Food Group Pcl, MINT operates over 2,200 outlets under The Pizza Company, Swensen’s, Sizzler, Dairy Queen, Burger King, Thai Express and The Coffee Club brands. The latest addition to the restaurant portfolio being Bonchon brand. MINT is also one of Thailand’s largest distributors of lifestyle brands with over 400 points of sale focusing primarily on fashion, cosmetics and contract manufacturing.
AMR ASIA
114
+66 2 591 7022 amr.pdpc@amrasia.com
The role of engineering is central to services AMR Asia offers in electrical and mechanical projects for the integration of various systems and sub-systems with high integrity and availability. Engineering services are offered in all phases of projects; planning, design, supply, implementation, commissioning, and maintenance. Specialized engineering services available for mega-projects currently include associated communication systems for mass transit, gas pipe-lines, ICT, and logistics. Engineering services are offered at a turnkey level with systems assurance studies and reports provided to specification. AMR Asia offers support and collaboration with premier manufacturers and systems providers. Through the project partnering philosophy; customers, prime-contractors, and sub-contractors all work together at a nominal level throughout the process (from initial design to eventual decommissioning). Furthermore, AMR Asia offers project partnerships in a number of different capacities …
COBRA INTERNATIONAL
109
+66 38 454 210 info@cobrainter.com
A one-stop shop for the serial production of strong, light, and beautiful composite products. A leading manufacturer of strong, light, and beautiful composite products for the Automotive, Watersports, Marine, Architectural and Luxury sectors. With over 40 years of innovation and development, COBRA prides itself on setting the reference point for quality in every market it supplies, and as a result is widely recognized as the worlds leading watersports OEM, manufacturing windsurf, surf and stand up paddle boards for leading brands including Starboard, Fanatic, JP Australia, Hobie, Surftech and NSP. From its state-of-the-art production plant in Chonburi, Thailand, one of the largest in Asia, COBRA has built an unparalleled expertise in composite manufacturing, and a conceptual one stop shop ‘design to final part delivery’ approach that optimizes series production solutions for customers around the world including the most respected premium European Automotive brands. Dedicated to…
UNILAMP
31
+66 2 943 2419 online@unilamp.co.th
The essence of light is one of the most important things in anyone’s life. To fascinate a buildings form or design is a prerequisite of any lighting designer, to this end we at Unilamp believe it our profession to assist in this process. Founded in Thailand in 1993 Unilamp has become the leading manufacturer of outdoor lighting and outdoor lighting applications. Our success has been based on a solid foundation of identifying our clients requirements for sustainability, reliability, design and functionality. During the past Two Decades of steady and continuous development, Unilamp has taken great strides in enterprise management, quality enhancement and technology innovation.
OMNI INTERNATIONAL CONSULTANTS
40
+66 2 661 6349 info@omni-interconsult.com
For over 20 years Omni International Consultants has supplied high caliber personnel to the global Construction, Aviation, Banking, Logistics, IT, Hospitality, Healthcare, Oil/Gas,Manufacturing sectors and many more. We specialize in recruiting the highest quality, right-fit professional and have helped many candidates find their ideal opportunity. Our Head Office is located in Bangkok, Thailand and we have 6 liaison offices located in the UK, Australia, UAE, India (Mumbai & Delhi) and Rayong, Thailand. Omni International combines best traditional practice with state of the art technology, ensuring our place at the forefront of global recruitment and specialized talent acquisition. Our highly experienced recruitment team utilizes one of the industrys most comprehensive personnel databases, enabling us to respond rapidly to our clients individual requirements. We have an extensive & strong global network of contacts and personal within major companies and government organisations …
TBN CORPORATION PLC.
55
+66 2 258 5842 hrd@tbn.co.th
TBNs mission is to solve biggest challenge in digital transformation, delivering business apps with Mendix Low Code Enterpise Platform with speed and quality. Over the past years we have implemented enterprise business applications in various industries - banking and insurance, manufacturing, retail, and real-estate. Mendix is the most powerful High Productivity and Low Code platform for Enterprise, which can design and develop 6x faster than traditional coding with built-in Dev Ops capabilities.
CARPETS INTERNATIONAL THAILAND PCL.
68
+66 2 314 5402 info@carpetsinter.com
At Carpets Inter, we aim higher. We work to be a better company. This endeavor has its foundation in the manufacturing of modular carpet products that are well designed, durable, and comfortable underfoot; and is sustained through shared values of environmental responsibility, social accountability, and economic fairness that make a positive impact wherever our products are sold or used throughout the world. We are, above all, a multinational company with a multicultural commitment to good global citizenship. Carpets Inter is a brand under TCM Corporation Plc. https://www.tcm-corporation.com
STREAM I.T. CONSULTING LTD.
166
+66 2 679 1691 marketing@stream.co.th
Stream was established in November 1998. Stream’s mission is “Digital Ready”. We combine our advanced technology with our clients’ innovative digital use cases to become the leading tech consultancy firm in Thailand. We bring our expertise to offer digital solutions to fulfil clients’ needs for their vertical industries and partner ecosystems. We provide domain consulting, solution design, implementation, and managed services to ensure project success. We collaborate with our global digital and tech partners while cultivating our local talents to build expertise in both client domain knowledge and technology adoption. Today, we have grown to a team of 300 talented tech professionals led by our next-generation leaders. Stream invests in our people with our commitment to contribute towards Thailands digital economy and the Thai society. We are ready to be your strategic partner on your digital journey! Digital Portfolio: 1. Digital Experience 2. Digital Payments 3. Digital Transform…
NR INSTANT PRODUCE PCL
32
+66 2 652 0527 nrf.comsec@nrinstant.com
NR Instant produce Public Company Limited or NRF is a global producer of sustainably produced foods based in Thailand. NRF primary purpose is global food system transformation for a more inclusive and sustainable world that will enable society to transition to a low carbon world or a green economy. We believe in the near future everyone should be consuming sustainably produced foods that improve the lives of our stakeholders from our producers all the way down to our consumers. We have three primary verticals 1) Alternative proteins 2) Ethnic foods and 3) functional foods. Central to our purpose is our belief that foods produced from alternative proteins will be a part of our daily consumption and our primary strategy is to be the largest co-manufacturer of alternative protein ingredients and foods in the world.
NAN YANG TEXTILE GROUP
130
+66 2 421 1066 contact.us@nanyangtextile.com
Nan Yang Textile Group is a vertically integrated textile company with products and manufacturing facilities ranging from yarn manufacturing, fabric forming, apparel manufacturing to wholesales distribution. Please visit our website : www.nanyangtextile.com
ORBIT FASTENER CO., LTD.
14
+66 2 211 0053 contact@orbit-clips.com
ORBIT has been a well-known brand of hose clips in world markets for more than 50 years. It was originally established in the UK in the 1960s and since then has been well known for its reliability and high quality. However, ORBIT had been moved to Bangkok, Thailand in 1985 due to the UK economic down turn during that time. So, ORBIT hose clips now 100% own by Thai, and are manufactured in Thailand. Today, “ORBIT” becomes a common name for hose clips, and ORBIT hose clips are widely exported to many countries on various continents and are accepted as a competitive, high quality product. Our main markets are ranging from Middle East, Africa, Europe, South America, Southeast Asia and including Japan and Russia. ORBIT hose clips are accepted and distributed to various industries including hardware, tooling, agricultural, automotive, and marine. Even though ORBIT is a well-established brand for more than 50 years, we still aim to strengthen our brand and to establish ourselves as one of t…
LENSO AEROSPACE CO., LTD.
21
+66 2 136 7555 sales@lensoaero.com
Lenso Aerospace is a leading aerospace manufacturer of precision and complex aircraft components in the area of ultra-high precision machining, sheet metal fabrication and build to print assemblies. We have been providing total manufacturing solutions to the global aerospace industry with a proven track record of technical expertise to many applications such as Avionics, Engine Components, Aircraft Interior Components, Landing Gear Systems, System Control and Structural Components. https://twitter.com/LensoAerospace
Top Fmcg Manufacturing Companies in Thailand
Key Statistics from 2022
In 2022, the FMCG industry contributed roughly 6.3% to the national GDP, with a total value of THB 1.42 trillion (USD 42.6 billion). Furthermore, the FMCG industry provided employment opportunities for over 2.1 million individuals, accounting for nearly 5.4% of the Thai labor force.
Factors Contributing to Growth and Success
The Thai government has played a crucial role in promoting the growth of the FMCG industry. It has implemented several policies and initiatives to create a favorable business environment, including reducing barriers to trade and investment. The government has also launched several campaigns to promote Thai products and encourage exports.
The increasing consumer demand has also contributed to the growth of the FMCG industry in Thailand. The growing middle class and increasing disposable income have led to an increase in consumer spending on FMCG products.
Industry Growth and Comparison to Previous Years
The FMCG industry in Thailand has been growing steadily in recent years. According to the Nielsen Total Consumer Panel Q4 2021, the FMCG industry in Thailand grew by 1.6% in Q4 2021 compared to the same period in 2020. The food and beverage category showed the highest growth, with a 2.2% increase in Q4 2021. This growth can be attributed to the government's efforts to promote exports and the increasing consumer demand for FMCG products.
Key Trends
Technological disruptions have been a significant trend in the FMCG industry in Thailand. Many FMCG companies have adopted new technologies to improve their operations and enhance the customer experience. For example, some companies have introduced online ordering and delivery services to provide convenience to customers.
Another trend in the FMCG industry is the growing demand for sustainable and eco-friendly products. Many FMCG companies are turning to sustainable sourcing and packaging and implementing environmental sustainability programs to reduce their carbon footprint.
Challenges
The FMCG industry in Thailand faces several challenges. One of the major challenges is the impact of the COVID-19 pandemic. The pandemic has significantly impacted the industry, with reduced demand for some FMCG products and supply chain disruptions. The industry needs to continue to adapt to the changing landscape and implement measures to ensure the safety of employees and customers.
Another challenge is the competition from other FMCG companies, both domestic and international. The industry is highly competitive, and companies need to innovate and differentiate their products and services to remain competitive in the market.
Future Outlook
The FMCG industry in Thailand has a promising future. The government's efforts to promote exports, increasing consumer demand for FMCG products, and adoption of new technologies and sustainable practices will continue to drive the industry's growth. Additionally, the industry can leverage the ASEAN region's economic integration to expand its market reach and attract more foreign investment.
To sustain the industry's growth, the FMCG industry needs to continue to innovate and adopt new technologies to improve efficiency and sustainability. The industry can also explore new product lines and services to meet the evolving needs of consumers.
Moreover, the FMCG industry in Thailand can benefit from the integration of digital technologies. The emergence of e-commerce and digital platforms can provide an opportunity for the industry to reach more customers and offer personalized services. Digital technologies can also streamline supply chain operations and improve the efficiency of the industry.
Another opportunity for the FMCG industry in Thailand is to focus on sustainable and eco-friendly products. The demand for green products is growing, and companies can leverage this trend to attract more customers and differentiate themselves from their competitors. Developing sustainable and eco-friendly products can also reduce operating costs and enhance the value of the brand.
Conclusion
In conclusion, the FMCG industry in Thailand is a growing and competitive sector with significant potential for sustainable development. The government's commitment to promoting exports, increasing consumer demand for FMCG products, and adoption of new technologies and sustainable practices will drive the industry's growth. The industry needs to continue to innovate and promote financial literacy to sustain its growth and success. The FMCG industry in Thailand is a crucial sector for the country's economic development, and its contribution to the country's exports and job opportunities makes it a promising sector for investment.