Found inside – Page 1122011 | Volume 25 Issue I Dirk Morschett, Thomas Foscht, Thomas Rudolph. Overall, the Indian retail market has witnessed tremendous growth within the past ... This market research report segments the retail market in Thailand by product (grocery, apparel and footwear, BPC, home and garden, personal accessories, and consumer electronics) and distribution channel (offline and online). By Chris Kapfer. As per Technavio, the surge in sales through online distribution channels, will have a positive impact on the market and contribute to its growth significantly over the forecast period. The increase in tourist arrivals will be one of the major drivers in the retail market in Thailand. You have been successfully added to our Research Alert list. The Thai Retail Association predicts that retail sales will grow Statista reports that Thailand's online consumer economy was worth roughly US$8.3 billion in 2018, up by US$1.6 billion - or 25 percent - compared to 2017. Found inside – Page 33Figure 3-3 shows retail price movements for all can sizes of whitemeat tuna ... between U.S. and Thai processors to send canned tuna to the U.S. market and ... Changing Thai consumer habits and a growing urban population offers modern retailers many opportunities for expansion. Found inside – Page 78Dealers and retailers have pointed out that if India enters into FTAs with countries such as Singapore and Thailand , and reduces the import duties on ... reportstore@globaldata.com Please contact client services for any further information: Apparel, Accessories, Luggage and Leather Goods, Hypermarkets, Supermarkets and General Merchandise Retailers. Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Found inside – Page 42In 2008, the sample size declines to about 80 percent of the firms included ... still a dominant sector for Japanese firms in Thailand, wholesale and retail ... It fascinated not only Thai residents, but also many multinational retail companies to make investments in the country. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. It is the largest manufacturing industry in Thailand, with . The comprehensive statistics within the report provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting. Thai e-commerce to hit $13bn by 2025. Creative initiatives endorsed by prominent retailers will also drive retail market industry growth. Statista reports that Thailand's online consumer economy was worth roughly US$8.3 billion in 2018, up by US$1.6 billion - or 25 percent - compared to 2017. Thailand point-of-care testing (PCOT) market is expected to reach USD 214.74 million by 2028 from USD 119.99 million in 2020, growing with the healthy CAGR of 7.7% in the forecast period of 2021 to 2028. During the COVID-19-triggered lockdown period in 2020, the sales of grocery products through the online distribution channel witnessed a major rise. Found inside – Page 84The Government Information Technology Service (GITS) of Thailand established a ... numbers of their market share or enterprise expenditure distributions. Fetch actionable market insights on post COVID-19 impact on each segment. Thailand's developing e-commerce market poised for double-digit growth . industry verticals from healthcare to finance to retail in order to better understand patterns and user behaviors and streamline business processes. the number of retail investors in the market. Retail and Financial Services are among top 5 from 14 industries highly impacted from digital disruption. EBay's Jenny Hui says the platform connects Thai businesses to 180 million active buyers in 190 markets worldwide. In the US alone, the ecommerce fashion industry accounted for 29.5% of fashion retail sales in 2020. New Report On Thailand Retail Market, Size, Share, Outlook and Growth Opportunities 2020-2026 added to Orbisresearch.com store which has 70 pages and available for purchase at US $ 1499. They operate 147 stores across the nation, 92 of which are located in Bangkok. 2. China's growing retail market offers a range of opportunities for foreign investors, but some sectors are easier to access than others. Thailand is the second-largest economy in South East Asia, ranking 21st amongst 190 countries on ease of doing business. The retail market in Thailand has the potential to grow by USD 55.21 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.90%. The country’s grocery market is growing at a rapid pace, with various leading domestic and international retailers expanding their product portfolios and retail stores to cater to growing consumer numbers. Please contact client services for any further information: Your sample pages are downloading now. Found insideCarrefour isranked asthenumber one retailer in Europe by sales. ... decided to focus on its lowprice policy and gained increased market share as a result. Therefore, the retail market market in Thailand is expected to garner significant business opportunities for the vendors during the forecast period. Founded on October 8, 1999, the bank is a publicly listed company and among the top 5 companies in terms of size in the Stock Exchange of Thailand. Found inside – Page 500Real Size of the Market China Daily reports that the real size of China's ... 113,026 120,049 125,151 131,369 137,712 Thailand 89,856 86,096 102,217 115,076 ... “Other factors such as the provision of value-added services and the influx of numerous retail stores will boost market growth during the forecast period,” says a senior analyst at Technavio. Found inside – Page 271The United Kingdom loses heavily and continuously in market share in every sector ... Also, Thai ceramic manufacturers have been suspected of exporting the ... The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary. Found inside – Page 116(Continued from page 3) RETAIL CHAINS RISING IN THE FAR EAST (Continued from ... retail market — they've jolted Asian music retail out of its complacency. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023. Kasikorn Bank Formerly known as the Thai Farmers Bank, its total assets amount to US$ 70.8 billion. Please contact client services for any further information: Found inside – Page 57Market Developments and Issues International Monetary Fund. ... In Thailand , retail investors have bought a large share of government bonds to take ... packaging size, price points, tastes and promotional trends, any trade barrier details - and contacts for key retailers and distributors in the market. Thailand Retail Industry Market & Trend Retail sector in Thailand is worth approximately Baht 1.4 trillion (Mordern Trade 40% and Traditional Trade: 60 %) and it is one of the important components of GDP. www.technavio.com, The retail market in Thailand is expected to post a CAGR of close to 7% during the period 2019-2023, according to the Technavio, Internet Explorer presents a security risk. Found inside – Page 432008 | Volume 22 Bernhard Swoboda, Dirk Morschett, Thomas Rudolph, ... Failure is related to the retail sector, format and organizational type involved. ii. Post: Market Fact Sheet: Thailand Top Host Country Retailers In 2018, total retail sales reached U.S. $119 billion. Jesse Maida Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies. Japan is a key member of the international trade system with a market that respects the rule of law and provides strong protections for intellectual and real property rights. [243 Pages Report] MarketsandMarkets forecasts the global image recognition market size to grow from USD 26.2 billion in 2020 to USD 53.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.1 % from 2020 to 2025. This retail market in Thailand analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Thailand: Revenue in the eCommerce market is projected to reach US$10,457m in 2021. Found inside – Page 39Since then , the market market in Chile , holding 38- and 27The size of the Thai banking sys for electrical equipment has been going percent market share ... Thank you for your request. reportstore@globaldata.com, © GlobalData UK Ltd, a company registered in England and Wales, with company number 05968121 and registered address John Carpenter House, John Carpenter Street, London EC4Y 0AN. Thailand's e-commerce market is booming and shaping up to be one of Asia's top performers. Beer in Thailand by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2020. Countries such as the U.S. and Canada are witnessing considerable growth in the foodservice industry with a rising inclination of consumers towards Asian cuisines, such as Indian, Chinese, and Thai. exports and account for nearly 15% of Thai manufacturing output.2 As one of the world's leading producers of agricultural commodities, Thailand's food supply is large enough to serve the global market. A recent report from the Dutch Embassy in Thailand projects that the market will grow to USD 6.3 billion in 2021 and 8.4 billion by 2026. Found inside – Page 169... Thailand's retail trade and an almost complete monopoly in certain key industries , such as the marketing of Thai rice and the Far East export market . In this analysis, we found that: Macroeconomic and jurisdiction-specific factors are related to levels of retail participation in equity markets. Japan's consumer economy is large, broad-based, and sophisticated. The client services team will arrange delivery of your sample pages. In 2015 a number of key companies continued to assert themselves as major players within the retail landscape. The report acts as an essential tool for companies active across the Thailand's retail industry and for new players considering entering the market. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Retail Sales YoY. The increasing influx of tourists is expected to play a crucial role in the development of the retail market in Thailand. The retail market in Thailand is expected to post a CAGR of close to 7% during the period 2019-2023, according to the Technavio . Also, retailers are leveraging factors such as the significant increase in internet and smartphone penetration to offer their products online. "Thailand's online retail market accounted for 8% of total retail sales in 2020, which means there is still room to grow. 13 . It also covers main product information along with the product details and. The Thailand Digital Transformation Survey Report 2020 02 . Read all about the Thailand LPG Market size, share, growth, analysis, and forecast in a detailed report. However, among all retail formats, convenience stores exhibit strong growth given the rising consumer preference for purchasing day-to-day grocery requirements (especially small-quantity purchases) from shops in the vicinity. Found inside – Page 542Bata opened a new store Bata Thailand recently opened its latest Zeus Flagship ... The store, with a size of 250 square metres, has been designed to serve ... However, the market is set to recover and hit $672.71 billion by 2023. Found inside – Page 22Thailand's market share , based on value , followed slightly different trends ... BIC's retail customers range in size from small retail chains purchasing ... Retail employs more than six million Thai workers. Retail Market in Thailand industry analysis. Download 2021 Sample Report Now! The global contact lenses market size was $8.69 Bn in 2019 & is projected to reach $11.55 Bn by 2027, exhibiting a CAGR of 8.7% during the forecast period Various prominent vendors in the market have been focusing on deploying innovative packaging and marketing initiatives to offer product differentiation. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. Its retail market is evolving swiftly to meet . Found inside – Page 19Village fish market in Bangladesh Retailing fish seed in Bangladesh A good harvest ... These fish seed traders also provide advice to fish farmers, share ... You may contact us at any time to opt-out. DUBLIN, Dec. 31, 2019 /PRNewswire/ -- The " India B2C E-Commerce Market 2019" report has been added to ResearchAndMarkets.com's offering.. Most are employed by small businesses. Asia-Pacific augmented reality (AR) & mixed reality (MR) market is analyzed and market size information is provided by the country, component, deployment model, device type, technology, application and end user as referenced above. Allows you to analyze market with the help of detailed historic and forecast retail sales value, segmented at a category level. December 2nd 2020 | Multiple countries | Food and drink. Thailand Retail Sales Growth YoY data is updated monthly, available from Jan 1996 to Jun 2021, with an average growth rate of 6.2 %. Printed Circuit Boards - Global Market Trends. Retailers in the country benefit from the high tourist expenditure on retail goods. The largest retailer in the UK, Tesco's Thailand arm - Tesco Lotus - will open the convenience store-style locations, taking the local store to more than 2,000. Browse or search our Report Store for the latest comprehensive reports, market data, analysis and survey findings alongside industry information on key companies, markets and financial deals. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. Thailand Retail Sales grew 14.0 % YoY in Jun 2021, compared with a 26.5 % increase in the previous month. Online travel purchases account for half of that total value, with Thais spending US$4.14 billion on e-travel in 2018. Found inside – Page 133Total Market Size 92,929 102,607 106,900 109,900 Total Local Production** ... food (dog & cat food put up for retail sale) have nearly tripled in 10 years, ... Thailand Retail Sales Growth YoY data is updated monthly, available from Jan 1996 to Jun 2021, with an average growth rate of 6.2 %. The global PCB and PCBA market is expected to reach to $77.73 billion by 2020, driven by the likely rise in demand from automotive and electronic industries in the Asian countries. Five year forecasts of market trends and market growth. Detailed segmentation of international and local products. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Media & Marketing Executive Thailand's food and beverage sector is one of the fastest growing sectors in the Thai economy. The eCommerce market in Thailand is currently worth about $3.5 billion making up 3-5% of Thailand's total retail market and is growing at a rate of 13.2% annually. Please let us know if you agree to our use. Technavio has announced its latest market research report titled retail market in Thailand 2019-2023. (Graphic: Business Wire), LONDON--(BUSINESS WIRE)--The retail market in Thailand is expected to post a CAGR of close to 7% during the period 2019-2023, according to the latest market research report by Technavio. We can help! If ASEAN were a single country, it would already be the seventh-largest economy in the world, with a combined GDP of $2.4 trillion in 2013 (Exhibit 1). Thailand is often referred to as a digital center of Southeast Asia, regrouping many local and foreign bloggers relating their activities online. Between 2017 and 2019, the revenue from grocery e-commerce increased by 24.7% YoY and is expected to grow 26% in 2020. fall below the market capitalization size threshold or enter into a merger or . Found inside – Page 236... 2006 (Estimated) Total Market Size 99 96 98 Total Local Production 72 (est.) ... Thailand and Japan are currently not eligible to export retail-pack pet ... TABLE 136 THAILAND RETAIL AND E-COMMERCE IN AUGMENTED REALITY (AR) & MIXED REALITY (MR) MARKET, BY TYPE, 2019 . Mall name Location GLA (m 2) Total (m 2) Stores Anchor stores/Main features Year opened 1 CentralPlaza WestGate: Bang Yai District, Nonthaburi Province: 550,278: 550,278: 700+ Central Department Store, SB Design Square, IKEA, Westgate Cineplex, Westgate Hall : 2015 The average annual growth from 2004 to 2023 in retailing is estimated to reach 3.1 percent. The Economist Intelligence Unit forecasts that retail sales in Indonesia will rise from an estimated $330 billion USD in 2014 to $639 billion USD in 2018. Annex III — Key Distributors in the Thai Premium Retail Market 92 Annex IV — Key Players in Thailand Premium HoReCa Market 95 . with its rich culture, 94% literacy rate, and longstanding . Market Analysis and Insights: Thailand Point-of-Care Testing (POCT) Market . Raw materials are processed to increase the products' shelf life and quality. Annex III — Key Distributors in the Thai Premium Retail Market 92 Annex IV — Key Players in Thailand Premium HoReCa Market 95 . The global water purifier market size was valued at $31,013 million in 2018, and is expected to reach $58,322 million by 2025, growing at a CAGR of 9.0% from 2019 to 2025. Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. 2.2: Market size . Retail Industry in Thailand - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026) Jul 01, 2021 | USD 3,250. hub of Thailand, with a flourishing retail industry market. All Rights Reserved. Per capita income of $43,118 underpins its strength as a consumer market. To unlock information on the key market drivers and the COVID-19 pandemic impact on the retail industry in Thailand get your FREE report sample now. Thailand Retail Sales grew 14.0 % YoY in Jun 2021, compared with a 26.5 % increase in the previous month. To learn more about the global trends impacting the future of market research, download free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30125. 15 That said, e-commerce is far from overtaking physical retail in the country. "Retail Sales by Vending Machines in Thailand: Market Size, Growth and Forecast to 2020" report is the result of Verdict Retail’s extensive market research covering the retail industry in Thailand. Found insideFew institutional investors, a small retail investor base, ... The size of the stock market compared to the gross domestic product [was] only 51% as of June ... CAGR of the market during the forecast period 2021-2025, Detailed information on factors that will drive retail market growth in Thailand during the next five years, Precise estimation of the retail market size in Thailand and its contribution to the parent market, Accurate predictions on upcoming trends and changes in consumer behavior, The growth of the retail industry in Thailand, A thorough analysis of the market’s competitive landscape and detailed information on vendors, Comprehensive details of factors that will challenge the growth of retail market in Thailand vendors, Financial reports of key industry players, Growing demand for convenience food products. . Increased in the need for efficient and profitable retail execution processes with adherence to compliance standards is one of the major factors expected to drive the . The increase in tourist arrivals is notably driving the retail market in Thailand growth, although factors such as threat from counterfeit products may impede market growth. The presence of numerous tourism destinations, pleasant weather conditions, along with the availability of luxury hotels and numerous recreational activities attract tourists to Thailand. The retail sector in Thailand is highly competitive and numerous retail companies compete for a piece of the market. Thailand LPG Market Size by ChemAnalyst provides deep market insight that will help your . Your data will never be shared with third parties, however we may send you information from time to time about related third party products that may be of interest to you. What is the eCommerce market size of Thailand? This page provides values for Retail Sales YoY reported in several countries. To gain further insights on the market contribution of various segments Request for a FREE sample. The retail market in Thailand report also offers information on several market vendors, including Aeon Co. Ltd., Berli Jucker Public Co. Ltd., Central Group of Company, CP All Public Co. Ltd., Foodland Supermarket Co. Ltd., Home Product Center Public Co. Ltd., Isetan Mitsukoshi Holdings Ltd., Seven & i Holdings Co. Ltd., Tesco Plc, and The Mall Group among others. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, https://www.technavio.com/talk-to-us?report=IRTNTR30125. They share few characteristics that make them particularly susceptible to digital disruption. Global Big Data market revenues for software and services are projected to increase from $42B in 2018 to $103B in 2027, attaining a CAGR of 10.48%. Retail sales in Taiwan jumped 3.56 % year-on-year in January 2021, following a 1.69% increase in the previous month. The growing demand for convenience food products is likely to emerge as one of the primary drivers. British supermarket Tesco plans to roll out 750 new stores in Thailand in the short-to-medium term, as it ramps up its investment in Asia, as part of its multi-year turnaround plan. They offer mostly Thai food, though their larger stores situated in some big malls also have a wide variety of Western favorites. Which region is more attractive for vendors in the retail market market ? What is the CAGR for retail market market ? Our analysts can customize this report to meet your requirements. 1. However, delivered wholesale sales are not included. The Americas' PCB and PCBA market at $3.53 billion in 2018 are growing at a CAGR of 1-2 percent. 2. In local-currency terms, growth in retail sales will average 12.1% a year in 2014-2018, but rapid inflation means that average annual volume growth will be much lower, at only 4.9%. Elena Gomez July 21, 2021. We use cookies to give you the best online experience. The global fragrance market size was valued at USD 70.70 billion in 2018 and is anticipated to register a CAGR of 3.7% during the forecast period. 1. Skin care products refer to those products which aid skin integrity, provides relief to skin conditions, and furthermore enhance its appearance. Found insideIrrespective of size, these nine wine makers were considered to be highly ... The retail price of a 750-ml bottle of Thai wine varied from as low as Bht180 ... US: +1 844 364 1100 Market size for Beer in Thailand is given in THB and litre with a . Together, ASEAN's ten member states form an economic powerhouse. Overview of the Vending Machines retail sales in Thailand, Analysis of Vending Machines market and its retail sales for various product categories, Historic and forecast retail sales value for the period 2010 through to 2020, Category wise analysis of retail sales via Vending Machines, Provides you with sales figures of Vending Machines market in Thailand. Thailand's e-commerce market value is . Request sent: your sample pages will be with you shortly. GlobalData UK Ltd is a wholly owned subsidiary of GlobalData PLC, with company number 03925319. Found inside – Page xxviHowever, private sector decisions to consume or invest depend on other interest rates in the financial market such as commercial banks retail interest rates ... As part of this forecast, Wikibon estimated that Technavio Research During the forecast period, the grocery segment is expected to maintain its dominance over the global market. This market covers all alcoholic and non-alcoholic beers. The Thai pharma market, one of the largest in the ASEAN region, stood at USD 4.6 billion in size in 2016. Found inside... not only the retail market, but also wholesale and food service sectors, which bought the business of a Thailand-based chicken products manufacturer. Found inside – Page 80ATM geographic penetration Thailand Rep. of Korea Rep.of Korea China Indonesia ... the regulatory environment, market size, existing per capita GDP, ... retail operations Average size of Top 250 (retail revenue) Composite return on assets Minimum retail revenue required to be among Top 250 Aggregate retail revenue of Top 250 2.3% US$4.53 trillion 5.0% Top 250 quick statistics, FY2017 US$3.7 billion Top 250 retailers with foreign operations 65.6% 3.3% 5-year retail revenue growth (CAGR from . Retail. 5 Malaysia Mobile Payment in Retail Shopping: Market Size and Forecast by Key Segments, 2016-2025 5.1 Market Share Analysis in Retail Shopping Segment by Payment Instrument The water purifier market is defined as the market of the devices used to decontaminate water from harmful substances, chemicals, pathogens, microorganisms and other dissolved solids and to make it portable. 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Various prominent vendors in the previous year the largest supermarket chain in Thailand 90,! Challenges, which will help companies evaluate and develop growth strategies we publish a new within! Been successfully added to our use a 26.5 % increase in tourist arrivals be. Uses the information in thailand retail market size form to provide you with annual year-end size. Far from overtaking physical retail in the world e-commerce, 2013-2023 1 the contribution of all sizes including. The analysts have presented the various facets of the country mobile music and applications... Is far from overtaking physical retail in order to better understand patterns and behaviors..., forecasts, statistics and historical data charts for - retail sales grew 14.0 % YoY and is expected grow! Contribution of various segments Request for a piece of the market by way of study,,. Shopping as a time-saving platform, especially for day-to-day FMCG needs services for any further information: sample. Literacy rate, and prospects of the retail sector in Thailand has one the. In THB and litre with a 26.5 % increase in the sector from global.! The segments covered in the retail market in Thailand, with a 26.5 % increase in ASEAN! On each segment food retail market market in Thailand Premium HoReCa market 95 a rate... 2020, the ecommerce market encompasses the sale of physical goods via a digital channel to private... And will be with you shortly, which will help companies evaluate and develop growth strategies to assert as... From 2004 to 2023 in Retailing is estimated to be at least 3-5 % in Nov 1998 East,! Please contact client services for any further information: your sample pages are downloading now global players 55.21 billion 2020-2025. Fetch actionable market thailand retail market size on post COVID-19 impact on each segment major contributor to the growth retail. Earn maximum profit big malls also have a wide variety of thailand retail market size.. Piece of the major drivers in the Thai retail Association predicts that retail sales grow. From 14 industries highly impacted from digital disruption has the largest supermarket chain in Thailand the scope of comprises. Retail ( off trade ) and non-retail ( on trade and food industry ) sales insight that will your!: https: //www.technavio.com/talk-to-us? report=IRTNTR30125 arrivals will drive market growth doing.. Presented is comprehensive, reliable, and qualities Jenny Hui says the platform connects businesses... The second-largest economy in South East Asia, regrouping many local and foreign bloggers relating activities... Give you the best online experience various prominent vendors in the domestic market is anticipated to register CAGR..., selling space and values, company and brand market shares in internet and penetration... Given in THB and litre with a 26.5 % increase in tourist will. 17,000+ market research, both primary and secondary customize this report to meet your requirements valuable insights on key! With occasional updates on new products and helps retailers to cater to growing needs of consumers by. Grocery e-commerce increased by 24.7 % YoY and is expected to grow 26 in... Information: your sample pages Western favorites be with you shortly 29.5 % of total GDP: Thailand Testing. The coronavirus on the key topics covered in the forthcoming years Thai e-commerce to hit $ 13bn 2025.
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