The import value of laboratory, hygienic, or pharmaceutical glassware to Thailand in 2023 was $9.849 million, marking a 1.5% year-on-year increase from 2022. The COVID-19 pandemic in 2020 had significantly impacted imports, resulting in a 15.61% decline. However, recovery has been seen with a substantial 22.43% increase in 2021. Over the last five years, the compound annual growth rate (CAGR) was 1.78%. Looking ahead, forecasts for 2028 predict a CAGR of 1.18%, with an overall growth rate of 6.02%.
Key future trends to watch for include advancements in medical research and technology, economic conditions impacting healthcare budgets, and possible policy changes affecting international trade and import tariffs. Additionally, growing healthcare needs driven by an aging population could further influence import trends.
