Travel & Tourism in Thailand industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Travel & tourism industry is segmented into passenger airlines, passenger rail, foodservice, hotels & motels, and travel intermediaries.
- The Thai travel & tourism industry recorded revenues of $37.4 billion in 2023, representing a negative compound annual growth rate (CAGR) of 2.9% between 2018 and 2023.
- The hotels & motels segment accounted for the industry's largest proportion in 2023, with total revenues of $13.5 billion, equivalent to 36.1% of the industry's overall value.
- In 2023, the industry experienced a significant value increase, recovering from recent declines, primarily driven by increasing capital investment, particularly in sectors such as airlines, railways, foodservice, and accommodation. Investors are channelling more funds into expanding travel infrastructure to meet rising demand. According to the World Bank, the capital investment in travel and tourism in Thailand reached $12.6 billion in 2023, reflecting a 7.2% increase from 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Thailand
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Thailand
- Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Thailand travel & tourism market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Thailand travel & tourism market by value in 2023?
- What will be the size of the Thailand travel & tourism market in 2028?
- What factors are affecting the strength of competition in the Thailand travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up Thailand's travel & tourism market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Central Plaza Hotel PCL
- Thai Airways International Public Co Ltd
- A&F Tour Travel Co., Ltd
- Hot Pot Public Company Limited
