| Product Code: ETC5233204 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Laos saw a shift in the concentration of thermoformed plastics import shipments, with top exporters being Vietnam, China, Thailand, Areas, nes, and Hong Kong. The Herfindahl-Hirschman Index (HHI) moved from very high concentration in 2022 to high concentration in 2023, indicating a more balanced market share among exporters. However, the compound annual growth rate (CAGR) for thermoformed plastics imports in Laos was -20.1%, with a significant decline in growth rate at -50.82%. This data highlights a challenging market environment for thermoformed plastics imports in Laos in 2023.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Laos Thermoformed Plastics Market Overview |
3.1 Laos Country Macro Economic Indicators |
3.2 Laos Thermoformed Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Laos Thermoformed Plastics Market - Industry Life Cycle |
3.4 Laos Thermoformed Plastics Market - Porter's Five Forces |
3.5 Laos Thermoformed Plastics Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Laos Thermoformed Plastics Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Laos Thermoformed Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Laos Thermoformed Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and cost-effective packaging solutions |
4.2.2 Growth in the food and beverage industry, driving the need for packaging materials |
4.2.3 Rise in disposable income leading to higher consumption of packaged goods |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials in Laos |
4.3.2 Lack of skilled labor for thermoforming processes |
4.3.3 Environmental concerns and regulations regarding plastic usage |
5 Laos Thermoformed Plastics Market Trends |
6 Laos Thermoformed Plastics Market Segmentations |
6.1 Laos Thermoformed Plastics Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Laos Thermoformed Plastics Market Revenues & Volume, By Polymethyl Methacrylate (PMMA), 2021-2031F |
6.1.3 Laos Thermoformed Plastics Market Revenues & Volume, By Bio-degradable polymers, 2021-2031F |
6.1.4 Laos Thermoformed Plastics Market Revenues & Volume, By Polyethylene (PE), 2021-2031F |
6.1.5 Laos Thermoformed Plastics Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021-2031F |
6.1.6 Laos Thermoformed Plastics Market Revenues & Volume, By Poly Vinyl Chloride (PVC), 2021-2031F |
6.1.7 Laos Thermoformed Plastics Market Revenues & Volume, By High Impact Polystyrene (HIPS), 2021-2031F |
6.1.9 Laos Thermoformed Plastics Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.10 Laos Thermoformed Plastics Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.2 Laos Thermoformed Plastics Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Laos Thermoformed Plastics Market Revenues & Volume, By Plug assist forming, 2021-2031F |
6.2.3 Laos Thermoformed Plastics Market Revenues & Volume, By Thick gauge thermoforming, 2021-2031F |
6.2.4 Laos Thermoformed Plastics Market Revenues & Volume, By Thin gauge thermoforming, 2021-2031F |
6.2.5 Laos Thermoformed Plastics Market Revenues & Volume, By Vacuum snapback, 2021-2031F |
6.3 Laos Thermoformed Plastics Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Laos Thermoformed Plastics Market Revenues & Volume, By Healthcare & medical, 2021-2031F |
6.3.3 Laos Thermoformed Plastics Market Revenues & Volume, By Food packaging, 2021-2031F |
6.3.4 Laos Thermoformed Plastics Market Revenues & Volume, By Electrical & electronics, 2021-2031F |
6.3.5 Laos Thermoformed Plastics Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.6 Laos Thermoformed Plastics Market Revenues & Volume, By Construction, 2021-2031F |
6.3.7 Laos Thermoformed Plastics Market Revenues & Volume, By Consumer goods & appliances, 2021-2031F |
7 Laos Thermoformed Plastics Market Import-Export Trade Statistics |
7.1 Laos Thermoformed Plastics Market Export to Major Countries |
7.2 Laos Thermoformed Plastics Market Imports from Major Countries |
8 Laos Thermoformed Plastics Market Key Performance Indicators |
8.1 Recycling rate of thermoformed plastics in Laos |
8.2 Adoption rate of sustainable packaging solutions in the market |
8.3 Investment in research and development for eco-friendly thermoformed plastics |
8.4 Efficiency and utilization rate of thermoforming machinery in manufacturing facilities |
9 Laos Thermoformed Plastics Market - Opportunity Assessment |
9.1 Laos Thermoformed Plastics Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Laos Thermoformed Plastics Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Laos Thermoformed Plastics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Laos Thermoformed Plastics Market - Competitive Landscape |
10.1 Laos Thermoformed Plastics Market Revenue Share, By Companies, 2024 |
10.2 Laos Thermoformed Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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