Thailand Retail Market 2023-2027

Technavio has been monitoring the retail market in Thailand and is forecast to grow by $63.19 bn during 2022-2027, accelerating at a CAGR of 5.95% during the forecast period. Our report on the retail market in Thailand provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for convenience food products, the provision of value-added services, and the influx of numerous retail stores.

Technavio's retail market in Thailand is segmented as below:

By Distribution Channel

Offline
Online

By Product

Grocery
Apparel and footwear
BPC
Home and garden
Others

This study identifies the surge in sales through online distribution channels as one of the prime reasons driving the retail market growth during the next few years. Also, innovative packaging and marketing initiatives by prominent vendors and rise in demand for private labels and low-cost products will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the retail market in Thailand covers the following areas:

Retail market sizing
Retail market forecast
Retail market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading retail market vendors in Thailand that include A.S. Watson Group, Aeon Co. Ltd., Berli Jucker Public Co. Ltd., Central Group of Company, CJ Express Group Co. Ltd., CP All Public Co. Ltd., Foodland Supermarket Co. Ltd., Home Product Center Public Co. Ltd., Isetan Mitsukoshi Holdings Ltd., Rimping Supermarket, Robinsons Retail Holding Inc., Seven and i Holdings Co. Ltd., SPAR International, Tesco Plc, The Mall Group Co. Ltd., and Villa Market JP Co. Ltd. Also, the retail market in Thailand analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR70549

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on Thailand - Market size and forecast 2022-2027 ($ billion)
Exhibit 12: Data Table on Thailand - Market size and forecast 2022-2027 ($ billion)
Exhibit 13: Chart on Thailand: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on Thailand: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Retail market in Thailand 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on Retail market in Thailand 2017 - 2021 ($ billion)
4.2 Distribution Channel Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ billion)
4.3 Product Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - Product Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

6.1 Market segments
Exhibit 25: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 26: Data Table on Distribution Channel - Market share 2022-2027 (%)
6.2 Comparison by Distribution Channel
Exhibit 27: Chart on Comparison by Distribution Channel
Exhibit 28: Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2022-2027
Exhibit 29: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 30: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 31: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Offline - Year-over-year growth 2022-2027 (%)
6.4 Online - Market size and forecast 2022-2027
Exhibit 33: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 34: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Online - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Distribution Channel
Exhibit 37: Market opportunity by Distribution Channel ($ billion)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 38: Chart on Product - Market share 2022-2027 (%)
Exhibit 39: Data Table on Product - Market share 2022-2027 (%)
7.2 Comparison by Product
Exhibit 40: Chart on Comparison by Product
Exhibit 41: Data Table on Comparison by Product
7.3 Grocery - Market size and forecast 2022-2027
Exhibit 42: Chart on Grocery - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on Grocery - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on Grocery - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Grocery - Year-over-year growth 2022-2027 (%)
7.4 Apparel and footwear - Market size and forecast 2022-2027
Exhibit 46: Chart on Apparel and footwear - Market size and forecast 2022-2027 ($ billion)
Exhibit 47: Data Table on Apparel and footwear - Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Chart on Apparel and footwear - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Apparel and footwear - Year-over-year growth 2022-2027 (%)
7.5 BPC - Market size and forecast 2022-2027
Exhibit 50: Chart on BPC - Market size and forecast 2022-2027 ($ billion)
Exhibit 51: Data Table on BPC - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Chart on BPC - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on BPC - Year-over-year growth 2022-2027 (%)
7.6 Home and garden - Market size and forecast 2022-2027
Exhibit 54: Chart on Home and garden - Market size and forecast 2022-2027 ($ billion)
Exhibit 55: Data Table on Home and garden - Market size and forecast 2022-2027 ($ billion)
Exhibit 56: Chart on Home and garden - Year-over-year growth 2022-2027 (%)
Exhibit 57: Data Table on Home and garden - Year-over-year growth 2022-2027 (%)
7.7 Others - Market size and forecast 2022-2027
Exhibit 58: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 59: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 60: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 61: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by Product
Exhibit 62: Market opportunity by Product ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 64: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends

10 Vendor Landscape

10.1 Overview
10.2 Vendor landscape
Exhibit 65: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 66: Overview on factors of disruption
10.4 Industry risks
Exhibit 67: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered
Exhibit 68: Vendors covered
11.2 Market positioning of vendors
Exhibit 69: Matrix on vendor position and classification
11.3 A.S. Watson Group
Exhibit 70: A.S. Watson Group - Overview
Exhibit 71: A.S. Watson Group - Product / Service
Exhibit 72: A.S. Watson Group - Key offerings
11.4 Aeon Co. Ltd.
Exhibit 73: Aeon Co. Ltd. - Overview
Exhibit 74: Aeon Co. Ltd. - Business segments
Exhibit 75: Aeon Co. Ltd. - Key offerings
Exhibit 76: Aeon Co. Ltd. - Segment focus
11.5 Berli Jucker Public Co. Ltd.
Exhibit 77: Berli Jucker Public Co. Ltd. - Overview
Exhibit 78: Berli Jucker Public Co. Ltd. - Business segments
Exhibit 79: Berli Jucker Public Co. Ltd. - Key news
Exhibit 80: Berli Jucker Public Co. Ltd. - Key offerings
Exhibit 81: Berli Jucker Public Co. Ltd. - Segment focus
11.6 Central Group of Company
Exhibit 82: Central Group of Company - Overview
Exhibit 83: Central Group of Company - Product / Service
Exhibit 84: Central Group of Company - Key news
Exhibit 85: Central Group of Company - Key offerings
11.7 CJ Express Group Co. Ltd.
Exhibit 86: CJ Express Group Co. Ltd. - Overview
Exhibit 87: CJ Express Group Co. Ltd. - Product / Service
Exhibit 88: CJ Express Group Co. Ltd. - Key offerings
11.8 CP All Public Co. Ltd.
Exhibit 89: CP All Public Co. Ltd. - Overview
Exhibit 90: CP All Public Co. Ltd. - Business segments
Exhibit 91: CP All Public Co. Ltd. - Key news
Exhibit 92: CP All Public Co. Ltd. - Key offerings
Exhibit 93: CP All Public Co. Ltd. - Segment focus
11.9 Foodland Supermarket Co. Ltd.
Exhibit 94: Foodland Supermarket Co. Ltd. - Overview
Exhibit 95: Foodland Supermarket Co. Ltd. - Product / Service
Exhibit 96: Foodland Supermarket Co. Ltd. - Key offerings
11.10 Home Product Center Public Co. Ltd.
Exhibit 97: Home Product Center Public Co. Ltd. - Overview
Exhibit 98: Home Product Center Public Co. Ltd. - Product / Service
Exhibit 99: Home Product Center Public Co. Ltd. - Key offerings
11.11 Isetan Mitsukoshi Holdings Ltd.
Exhibit 100: Isetan Mitsukoshi Holdings Ltd. - Overview
Exhibit 101: Isetan Mitsukoshi Holdings Ltd. - Business segments
Exhibit 102: Isetan Mitsukoshi Holdings Ltd. - Key news
Exhibit 103: Isetan Mitsukoshi Holdings Ltd. - Key offerings
Exhibit 104: Isetan Mitsukoshi Holdings Ltd. - Segment focus
11.12 Rimping Supermarket
Exhibit 105: Rimping Supermarket - Overview
Exhibit 106: Rimping Supermarket - Product / Service
Exhibit 107: Rimping Supermarket - Key offerings
11.13 Robinsons Retail Holding Inc.
Exhibit 108: Robinsons Retail Holding Inc. - Overview
Exhibit 109: Robinsons Retail Holding Inc. - Business segments
Exhibit 110: Robinsons Retail Holding Inc. - Key offerings
Exhibit 111: Robinsons Retail Holding Inc. - Segment focus
11.14 Seven and i Holdings Co. Ltd.
Exhibit 112: Seven and i Holdings Co. Ltd. - Overview
Exhibit 113: Seven and i Holdings Co. Ltd. - Business segments
Exhibit 114: Seven and i Holdings Co. Ltd. - Key offerings
Exhibit 115: Seven and i Holdings Co. Ltd. - Segment focus
11.15 SPAR International
Exhibit 116: SPAR International - Overview
Exhibit 117: SPAR International - Product / Service
Exhibit 118: SPAR International - Key offerings
11.16 Tesco Plc
Exhibit 119: Tesco Plc - Overview
Exhibit 120: Tesco Plc - Business segments
Exhibit 121: Tesco Plc - Key news
Exhibit 122: Tesco Plc - Key offerings
Exhibit 123: Tesco Plc - Segment focus
11.17 The Mall Group Co. Ltd.
Exhibit 124: The Mall Group Co. Ltd. - Overview
Exhibit 125: The Mall Group Co. Ltd. - Product / Service
Exhibit 126: The Mall Group Co. Ltd. - Key offerings

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 127: Inclusions checklist
Exhibit 128: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 129: Currency conversion rates for US$
12.4 Research methodology
Exhibit 130: Research methodology
Exhibit 131: Validation techniques employed for market sizing
Exhibit 132: Information sources
12.5 List of abbreviations
Exhibit 133: List of abbreviations