Thailand is being counted in the list of nations with upper-middle income economy in the year 2011. From last few decades, Thailand has been making notable evolution in economic development, thereby shifting from a less-earning to an upper-income nation. Conversely, the average growth has declined to 3.5% in the period of last 10 years i.e. between 2005 and 2015. The government has got on board a motivated development program to lift its growth pathway and attain greater earnings status. Thailand’s economy mainly depends on its exports. And, amongst the highest budding industry in Thailand is the plastic industry. In the past ten years, the plastic products exports increased by nearly 26 percent yearly, which is higher than other industry exports that grew at an average of 19 percent.
The industrial resources of Thailand make the country a great hub for the plastics industry, and the government of Thailand has implemented active methods to enhance investment into the booming and emerging sector. The well-built agricultural sector of the country and the sustaining government associations make it an idyllic spot for plastics sector investment.