Thantawan Industry PCL

SET:THIP

Business Description

Sector

Materials

Industry

Packaging

Headquarters

Thailand TH

Employees

2 001

IPO date

Dec 1, 1994

Thantawan Industry PCL makes plastic packaging and disposable consumer goods, mainly items such as bags, food wrap, and other everyday plastic products. It sells these products to retailers, wholesalers, food businesses, industrial customers, and export buyers, often under its own brands as well as through contract manufacturing for other companies.

The company makes money by turning raw plastic resin into finished goods and selling them through both branded and private-label channels. In practical terms, it sits in the middle of the packaging value chain: it buys basic materials, manufactures standardized products at scale, then ships them to customers that need low-cost, ready-to-use packaging and household items.

What makes the business easy to understand is that demand comes from everyday use rather than big one-off projects. People, restaurants, stores, and factories all need packaging regularly, so the company’s role is to supply repeat-purchase products that are simple to make, easy to distribute, and tied to routine consumption.