Retail Market in Thailand by Product and Distribution Channel - Forecast and Analysis 2021-2025
- Published: Apr 2021
- Pages: 120
- SKU: IRTNTR70549
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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%.
This retail market in Thailand research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (grocery, apparel and footwear, BPC, home and garden, and others) and distribution channel (offline and online). 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.
What will the Retail Market Size in Thailand be in 2021?
Browse TOC and LoE with selected illustrations and example pages of Retail Market in Thailand
Retail Market in Thailand: Key Drivers and Trends
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. 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.
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. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
Who are the Major Retail Market in Thailand Vendors?
The report analyzes the market’s competitive landscape and 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
- The Mall Group
The retail market in Thailand is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the retail market in Thailand forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
What are the Revenue-generating Product Segments in the Retail Market in Thailand?
To gain further insights on the market contribution of various segments Request for a FREE sample
The grocery segment is one of the major contributors in terms of sales in the retail market in Thailand. 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. 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.
During the COVID-19-triggered lockdown period in 2020, the sales of grocery products through the online distribution channel witnessed a major rise. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the retail market in Thailand size.
What are the Key Factors Covered in this Retail Market in Thailand Report?
- 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
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- Growing demand for convenience food products
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