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Retail Market in Thailand 2024-2028

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    Report

  • 140 Pages
  • August 2024
  • Region: Thailand
  • TechNavio
  • ID: 5318176
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The retail market is forecasted to grow by USD 74.2 billion during 2023-2028, accelerating at a CAGR of 6.55% during the forecast period. The report on the retail market 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, provision of value-added services, and influx of numerous retail stores.

The retail market is segmented as below:

By Product

  • Grocery
  • Apparel and footwear
  • BPC
  • Home and garden
  • Others

By Distribution Channel

  • Offline
  • Online

By Geographical Landscape

  • Asia
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.

The report on the retail market covers the following areas:

  • Retail market sizing
  • Retail market forecast
  • Retail market industry analysis
A robust vendor analysis within the report 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 that include A.S. Watson Group, AEON CO. LTD., Berli Jucker Public Co. Ltd., Central Group of Company, Charoen Pokphand Group Co. Ltd., CJ Express Group Co. Ltd., Foodland Supermarket Co. Ltd., Home Product Center Public Co. Ltd., Isetan Mitsukoshi Holdings Ltd., Rimping Supermarket, Robinsons Retail Holdings 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 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.

The report 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 primary and secondary research. The 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.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Country Market Characteristics
  • Executive Summary - Chart on Market Segmentation by Product
  • Executive Summary - Chart on Market Segmentation by Distribution Channel
  • Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on Thailand - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Thailand - Market size and forecast 2023-2028 ($ billion)
  • Chart on Thailand: Year-over-year growth 2023-2028 (%)
  • Data Table on Thailand: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Retail Market in Thailand 2018 - 2022
  • Historic Market Size - Data Table on Retail Market in Thailand 2018 - 2022 ($ billion)
4.2 Product segment analysis 2018 - 2022
  • Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 Distribution Channel segment analysis 2018 - 2022
  • Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
  • Chart on Product - Market share 2023-2028 (%)
  • Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
  • Chart on Comparison by Product
  • Data Table on Comparison by Product
6.3 Grocery - Market size and forecast 2023-2028
  • Chart on Grocery - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Grocery - Market size and forecast 2023-2028 ($ billion)
  • Chart on Grocery - Year-over-year growth 2023-2028 (%)
  • Data Table on Grocery - Year-over-year growth 2023-2028 (%)
6.4 Apparel and footwear - Market size and forecast 2023-2028
  • Chart on Apparel and footwear - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Apparel and footwear - Market size and forecast 2023-2028 ($ billion)
  • Chart on Apparel and footwear - Year-over-year growth 2023-2028 (%)
  • Data Table on Apparel and footwear - Year-over-year growth 2023-2028 (%)
6.5 BPC - Market size and forecast 2023-2028
  • Chart on BPC - Market size and forecast 2023-2028 ($ billion)
  • Data Table on BPC - Market size and forecast 2023-2028 ($ billion)
  • Chart on BPC - Year-over-year growth 2023-2028 (%)
  • Data Table on BPC - Year-over-year growth 2023-2028 (%)
6.6 Home and garden - Market size and forecast 2023-2028
  • Chart on Home and garden - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Home and garden - Market size and forecast 2023-2028 ($ billion)
  • Chart on Home and garden - Year-over-year growth 2023-2028 (%)
  • Data Table on Home and garden - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
  • Chart on Others - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Others - Market size and forecast 2023-2028 ($ billion)
  • Chart on Others - Year-over-year growth 2023-2028 (%)
  • Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by Product
  • Market opportunity by Product ($ billion)
  • Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Distribution Channel
7.1 Market segments
  • Chart on Distribution Channel - Market share 2023-2028 (%)
  • Data Table on Distribution Channel - Market share 2023-2028 (%)
7.2 Comparison by Distribution Channel
  • Chart on Comparison by Distribution Channel
  • Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2023-2028
  • Chart on Offline - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
  • Chart on Offline - Year-over-year growth 2023-2028 (%)
  • Data Table on Offline - Year-over-year growth 2023-2028 (%)
7.4 Online - Market size and forecast 2023-2028
  • Chart on Online - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Online - Market size and forecast 2023-2028 ($ billion)
  • Chart on Online - Year-over-year growth 2023-2028 (%)
  • Data Table on Online - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Distribution Channel
  • Market opportunity by Distribution Channel ($ billion)
  • Data Table on Market opportunity by Distribution Channel ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
  • Overview on factors of disruption
10.4 Industry risks
  • Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
  • Companies covered
11.2 Market positioning of companies
  • Matrix on companies position and classification
11.3 A.S. Watson Group
  • A.S. Watson Group - Overview
  • A.S. Watson Group - Product / Service
  • A.S. Watson Group - Key offerings
11.4 AEON CO. LTD.
  • AEON CO. LTD. - Overview
  • AEON CO. LTD. - Business segments
  • AEON CO. LTD. - Key offerings
  • AEON CO. LTD. - Segment focus
11.5 Berli Jucker Public Co. Ltd.
  • Berli Jucker Public Co. Ltd. - Overview
  • Berli Jucker Public Co. Ltd. - Business segments
  • Berli Jucker Public Co. Ltd. - Key news
  • Berli Jucker Public Co. Ltd. - Key offerings
  • Berli Jucker Public Co. Ltd. - Segment focus
11.6 Central Group of Company
  • Central Group of Company - Overview
  • Central Group of Company - Product / Service
  • Central Group of Company - Key offerings
11.7 Charoen Pokphand Group Co. Ltd.
  • Charoen Pokphand Group Co. Ltd. - Overview
  • Charoen Pokphand Group Co. Ltd. - Product / Service
  • Charoen Pokphand Group Co. Ltd. - Key news
  • Charoen Pokphand Group Co. Ltd. - Key offerings
11.8 CJ Express Group Co. Ltd.
  • CJ Express Group Co. Ltd. - Overview
  • CJ Express Group Co. Ltd. - Product / Service
  • CJ Express Group Co. Ltd. - Key offerings
11.9 Foodland Supermarket Co. Ltd.
  • Foodland Supermarket Co. Ltd. - Overview
  • Foodland Supermarket Co. Ltd. - Product / Service
  • Foodland Supermarket Co. Ltd. - Key offerings
11.10 Home Product Center Public Co. Ltd.
  • Home Product Center Public Co. Ltd. - Overview
  • Home Product Center Public Co. Ltd. - Product / Service
  • Home Product Center Public Co. Ltd. - Key offerings
11.11 Isetan Mitsukoshi Holdings Ltd.
  • Isetan Mitsukoshi Holdings Ltd. - Overview
  • Isetan Mitsukoshi Holdings Ltd. - Product / Service
  • Isetan Mitsukoshi Holdings Ltd. - Key offerings
11.12 Rimping Supermarket
  • Rimping Supermarket - Overview
  • Rimping Supermarket - Product / Service
  • Rimping Supermarket - Key offerings
11.13 Robinsons Retail Holdings Inc.
  • Robinsons Retail Holdings Inc. - Overview
  • Robinsons Retail Holdings Inc. - Business segments
  • Robinsons Retail Holdings Inc. - Key offerings
  • Robinsons Retail Holdings Inc. - Segment focus
11.14 Seven and i Holdings Co., Ltd.
  • Seven and i Holdings Co., Ltd. - Overview
  • Seven and i Holdings Co., Ltd. - Product / Service
  • Seven and i Holdings Co., Ltd. - Key offerings
11.15 SPAR International
  • SPAR International - Overview
  • SPAR International - Product / Service
  • SPAR International - Key offerings
11.16 Tesco Plc
  • Tesco Plc - Overview
  • Tesco Plc - Business segments
  • Tesco Plc - Key offerings
  • Tesco Plc - Segment focus
11.17 The Mall Group Co. Ltd.
  • The Mall Group Co. Ltd. - Overview
  • The Mall Group Co. Ltd. - Product / Service
  • The Mall Group Co. Ltd. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
12.3 Currency conversion rates for US$
  • Currency conversion rates for US$
12.4 Research methodology
  • Research methodology
12.5 Data procurement
  • Information sources
12.6 Data validation
  • Data validation
12.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
12.8 Data synthesis
  • Data synthesis
  • 360 degree market analysis
  • 360 degree market analysis
12.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Product
Exhibits 5: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on Thailand - Market size and forecast 2023-2028 ($ billion)
Exhibits 14: Data Table on Thailand - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Chart on Thailand: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on Thailand: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Retail Market in Thailand 2018 - 2022 ($ billion)
Exhibits 18: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Product - Market share 2023-2028 (%)
Exhibits 28: Data Table on Product - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Product
Exhibits 30: Data Table on Comparison by Product
Exhibits 31: Chart on Grocery - Market size and forecast 2023-2028 ($ billion)
Exhibits 32: Data Table on Grocery - Market size and forecast 2023-2028 ($ billion)
Exhibits 33: Chart on Grocery - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Grocery - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Apparel and footwear - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Data Table on Apparel and footwear - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Chart on Apparel and footwear - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Apparel and footwear - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on BPC - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Data Table on BPC - Market size and forecast 2023-2028 ($ billion)
Exhibits 41: Chart on BPC - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on BPC - Year-over-year growth 2023-2028 (%)
Exhibits 43: Chart on Home and garden - Market size and forecast 2023-2028 ($ billion)
Exhibits 44: Data Table on Home and garden - Market size and forecast 2023-2028 ($ billion)
Exhibits 45: Chart on Home and garden - Year-over-year growth 2023-2028 (%)
Exhibits 46: Data Table on Home and garden - Year-over-year growth 2023-2028 (%)
Exhibits 47: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 48: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 49: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 50: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 51: Market opportunity by Product ($ billion)
Exhibits 52: Data Table on Market opportunity by Product ($ billion)
Exhibits 53: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibits 54: Data Table on Distribution Channel - Market share 2023-2028 (%)
Exhibits 55: Chart on Comparison by Distribution Channel
Exhibits 56: Data Table on Comparison by Distribution Channel
Exhibits 57: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibits 58: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibits 59: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on Offline - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on Online - Market size and forecast 2023-2028 ($ billion)
Exhibits 62: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Exhibits 63: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on Online - Year-over-year growth 2023-2028 (%)
Exhibits 65: Market opportunity by Distribution Channel ($ billion)
Exhibits 66: Data Table on Market opportunity by Distribution Channel ($ billion)
Exhibits 67: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 68: Impact of drivers and challenges in 2023 and 2028
Exhibits 69: Overview on criticality of inputs and factors of differentiation
Exhibits 70: Overview on factors of disruption
Exhibits 71: Impact of key risks on business
Exhibits 72: Companies covered
Exhibits 73: Matrix on companies position and classification
Exhibits 74: A.S. Watson Group - Overview
Exhibits 75: A.S. Watson Group - Product / Service
Exhibits 76: A.S. Watson Group - Key offerings
Exhibits 77: AEON CO. LTD. - Overview
Exhibits 78: AEON CO. LTD. - Business segments
Exhibits 79: AEON CO. LTD. - Key offerings
Exhibits 80: AEON CO. LTD. - Segment focus
Exhibits 81: Berli Jucker Public Co. Ltd. - Overview
Exhibits 82: Berli Jucker Public Co. Ltd. - Business segments
Exhibits 83: Berli Jucker Public Co. Ltd. - Key news
Exhibits 84: Berli Jucker Public Co. Ltd. - Key offerings
Exhibits 85: Berli Jucker Public Co. Ltd. - Segment focus
Exhibits 86: Central Group of Company - Overview
Exhibits 87: Central Group of Company - Product / Service
Exhibits 88: Central Group of Company - Key offerings
Exhibits 89: Charoen Pokphand Group Co. Ltd. - Overview
Exhibits 90: Charoen Pokphand Group Co. Ltd. - Product / Service
Exhibits 91: Charoen Pokphand Group Co. Ltd. - Key news
Exhibits 92: Charoen Pokphand Group Co. Ltd. - Key offerings
Exhibits 93: CJ Express Group Co. Ltd. - Overview
Exhibits 94: CJ Express Group Co. Ltd. - Product / Service
Exhibits 95: CJ Express Group Co. Ltd. - Key offerings
Exhibits 96: Foodland Supermarket Co. Ltd. - Overview
Exhibits 97: Foodland Supermarket Co. Ltd. - Product / Service
Exhibits 98: Foodland Supermarket Co. Ltd. - Key offerings
Exhibits 99: Home Product Center Public Co. Ltd. - Overview
Exhibits 100: Home Product Center Public Co. Ltd. - Product / Service
Exhibits 101: Home Product Center Public Co. Ltd. - Key offerings
Exhibits 102: Isetan Mitsukoshi Holdings Ltd. - Overview
Exhibits 103: Isetan Mitsukoshi Holdings Ltd. - Product / Service
Exhibits 104: Isetan Mitsukoshi Holdings Ltd. - Key offerings
Exhibits 105: Rimping Supermarket - Overview
Exhibits 106: Rimping Supermarket - Product / Service
Exhibits 107: Rimping Supermarket - Key offerings
Exhibits 108: Robinsons Retail Holdings Inc. - Overview
Exhibits 109: Robinsons Retail Holdings Inc. - Business segments
Exhibits 110: Robinsons Retail Holdings Inc. - Key offerings
Exhibits 111: Robinsons Retail Holdings Inc. - Segment focus
Exhibits 112: Seven and i Holdings Co., Ltd. - Overview
Exhibits 113: Seven and i Holdings Co., Ltd. - Product / Service
Exhibits 114: Seven and i Holdings Co., Ltd. - Key offerings
Exhibits 115: SPAR International - Overview
Exhibits 116: SPAR International - Product / Service
Exhibits 117: SPAR International - Key offerings
Exhibits 118: Tesco Plc - Overview
Exhibits 119: Tesco Plc - Business segments
Exhibits 120: Tesco Plc - Key offerings
Exhibits 121: Tesco Plc - Segment focus
Exhibits 122: The Mall Group Co. Ltd. - Overview
Exhibits 123: The Mall Group Co. Ltd. - Product / Service
Exhibits 124: The Mall Group Co. Ltd. - Key offerings
Exhibits 125: Inclusions checklist
Exhibits 126: Exclusions checklist
Exhibits 127: Currency conversion rates for US$
Exhibits 128: Research methodology
Exhibits 129: Information sources
Exhibits 130: Data validation
Exhibits 131: Validation techniques employed for market sizing
Exhibits 132: Data synthesis
Exhibits 133: 360 degree market analysis
Exhibits 134: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the retail market: A.S. Watson Group, AEON CO. LTD., Berli Jucker Public Co. Ltd., Central Group of Company, Charoen Pokphand Group Co. Ltd., CJ Express Group Co. Ltd., Foodland Supermarket Co. Ltd., Home Product Center Public Co. Ltd., Isetan Mitsukoshi Holdings Ltd., Rimping Supermarket, Robinsons Retail Holdings Inc., Seven and i Holdings Co., Ltd., SPAR International, Tesco PLC, The Mall Group Co. Ltd., and Villa Market JP Co. Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is surge in sales through online distribution channels."

According to the report, one of the major drivers for this market is the growing demand for convenience food products.

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 a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • A.S. Watson Group
  • AEON CO. LTD.
  • Berli Jucker Public Co. Ltd.
  • Central Group of Company
  • Charoen Pokphand Group Co. Ltd.
  • CJ Express Group Co. Ltd.
  • Foodland Supermarket Co. Ltd.
  • Home Product Center Public Co. Ltd.
  • Isetan Mitsukoshi Holdings Ltd.
  • Rimping Supermarket
  • Robinsons Retail Holdings Inc.
  • Seven and i Holdings Co. Ltd.
  • SPAR International
  • Tesco Plc
  • The Mall Group Co. Ltd.
  • Villa Market JP Co. Ltd.