Thailand Bioprocess Bags Market Size & Outlook, 2023-2030
Thailand bioprocess bags market, 2018-2030 (US$M)
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Thailand bioprocess bags market highlights
- The Thailand bioprocess bags market generated a revenue of USD 18.3 million in 2023 and is expected to reach USD 60.3 million by 2030.
- The Thailand market is expected to grow at a CAGR of 18.6% from 2024 to 2030.
- In terms of segment, 2d bioprocess bags was the largest revenue generating product in 2023.
- 3D bioprocess bags is the most lucrative product segment registering the fastest growth during the forecast period.
Bioprocess bags market data book summary
| Market revenue in 2023 | USD 18.3 million |
| Market revenue in 2030 | USD 60.3 million |
| Growth rate | 18.6% (CAGR from 2023 to 2030) |
| Largest segment | 2d bioprocess bags |
| Fastest growing segment | 3D bioprocess bags |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 2D bioprocess bags, 3D bioprocess bags, Other bags & accessories |
| Key market players worldwide | Thermo Fisher Scientific Inc, Sartorius AG, Danaher Corp, Merck KGaA, Compagnie de Saint-Gobain SA, Corning Inc, Entegris Inc, Meissner, ProAnalytics, CellBios |
Other key industry trends
- In terms of revenue, Thailand accounted for 0.5% of the global bioprocess bags market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bioprocess bags market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 998.0 million by 2030.
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Bioprocess Bags Market Scope
Bioprocess Bags Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand bioprocess bags market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bioprocess bags market will help companies and investors design strategic landscapes.
2d bioprocess bags was the largest segment with a revenue share of 46.45% in 2023. Horizon Databook has segmented the Thailand bioprocess bags market based on 2d bioprocess bags, 3d bioprocess bags, other bags & accessories covering the revenue growth of each sub-segment from 2018 to 2030.
Thailand has a sophisticated technological infrastructure, advanced scientific capability, and holds a high strategic significance in the center of the Southeast Asia region, which makes it an attractive market for bioprocess bags.
The country is home to several well-established biotechnology companies that gain benefits from several supporting factors, such as intellectual property protection and the availability of a qualified workforce. Furthermore, the Thai government is considering economy as one of the 10 focus industries under the new “Thailand 4.0” growth model.
The model also emphasizes the country’s competitiveness and economic development by attracting national and international funding. Such developments are anticipated to positively impact the bioprocess bags market in Thailand.
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Our clientele includes a mix of bioprocess bags market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand bioprocess bags market , including forecasts for subscribers. This country databook contains high-level insights into Thailand bioprocess bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand bioprocess bags market size, by product, 2018-2030 (US$M)
Thailand Bioprocess Bags Market Outlook Share, 2023 & 2030 (US$M)
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