The industrial hemp market in the Asia-Pacific region is experiencing significant growth, driven by increased adoption across various industries such as textiles, bioplastics, and construction. This expansion is attributed to rapid industrialization and a growing awareness of material sustainability. The market is projected to reach USD 14.92 billion by 2032, with a compound annual growth rate (CAGR) of 27.47% from 2024 to 2032.

 

In Thailand, the hemp industry has seen substantial development following the legalization of hemp cultivation. The country’s favorable climate and strategic location make it an attractive hub for hemp production and investment. The CBD market, in particular, is expanding rapidly, with demand rising for products such as cannabis oil, medical substances, beauty items, and health supplements. While regulatory frameworks continue to evolve, businesses that stay informed and adaptable will find promising opportunities in Thailand’s expanding hemp and CBD markets.

 

The Asia International Hemp Expo & Forum 2025 presents a valuable opportunity for international exhibitors to engage with key stakeholders, explore emerging market trends, and navigate the evolving regulatory landscape in the region.