Retail Market in Thailand 2025-2029

Description

The retail market in Thailand is forecasted to grow by USD 71.7 billion during 2024-2029, accelerating at a CAGR of 6% during the forecast period. The 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, provision of value-added services, and influx of numerous retail stores.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	5.8%
CAGR	6%
Incremental Value	$71.7 bn

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

By Product

Grocery
Apparel and footwear
BPC
Home and garden
Others

By Distribution Channel

Offline
Online

By Pricing Scheme

Cash
Digital payment
Buy now pay later

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 in Thailand growth during the next few years. Also, innovative packaging and marketing initiatives by prominent companies 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 in Thailand covers the following areas:

Retail Market in Thailand sizing
Retail Market in Thailand forecast
Retail Market in Thailand industry analysis

The 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 in Thailand vendors that include AS Watson Group, AEON CO. LTD., Berli Jucker Public Co. Ltd., Central Retail Corp., Charoen Pokphand Group Co. Ltd., CJ Express Group Co. Ltd., Foodland Supermarket Co. Ltd., Home Product Center Public Co. Ltd., Mitsukoshi, 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 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 publisher 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.

Product Code: IRTNTR70549

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 Market Segmentation by Pricing Scheme
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on Thailand - Market size and forecast 2024-2029 ($ billion)
- Data Table on Thailand - Market size and forecast 2024-2029 ($ billion)
- Chart on Thailand: Year-over-year growth 2024-2029 (%)
- Data Table on Thailand: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Retail Market in Thailand 2019 - 2023
- Historic Market Size - Data Table on Retail Market in Thailand 2019 - 2023 ($ billion)
5.2 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ billion)
5.3 Distribution Channel segment analysis 2019 - 2023
- Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ billion)
5.4 Pricing Scheme segment analysis 2019 - 2023
- Historic Market Size - Pricing Scheme Segment 2019 - 2023 ($ billion)

6 Qualitative Analysis

6.1 The AI impact on Retail Market in Thailand

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Product

8.1 Market segments
- Chart on Product - Market share 2024-2029 (%)
- Data Table on Product - Market share 2024-2029 (%)
8.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
8.3 Grocery - Market size and forecast 2024-2029
- Chart on Grocery - Market size and forecast 2024-2029 ($ billion)
- Data Table on Grocery - Market size and forecast 2024-2029 ($ billion)
- Chart on Grocery - Year-over-year growth 2024-2029 (%)
- Data Table on Grocery - Year-over-year growth 2024-2029 (%)
8.4 Apparel and footwear - Market size and forecast 2024-2029
- Chart on Apparel and footwear - Market size and forecast 2024-2029 ($ billion)
- Data Table on Apparel and footwear - Market size and forecast 2024-2029 ($ billion)
- Chart on Apparel and footwear - Year-over-year growth 2024-2029 (%)
- Data Table on Apparel and footwear - Year-over-year growth 2024-2029 (%)
8.5 BPC - Market size and forecast 2024-2029
- Chart on BPC - Market size and forecast 2024-2029 ($ billion)
- Data Table on BPC - Market size and forecast 2024-2029 ($ billion)
- Chart on BPC - Year-over-year growth 2024-2029 (%)
- Data Table on BPC - Year-over-year growth 2024-2029 (%)
8.6 Home and garden - Market size and forecast 2024-2029
- Chart on Home and garden - Market size and forecast 2024-2029 ($ billion)
- Data Table on Home and garden - Market size and forecast 2024-2029 ($ billion)
- Chart on Home and garden - Year-over-year growth 2024-2029 (%)
- Data Table on Home and garden - Year-over-year growth 2024-2029 (%)
8.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ billion)
- Data Table on Others - Market size and forecast 2024-2029 ($ billion)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
8.8 Market opportunity by Product
- Market opportunity by Product ($ billion)
- Data Table on Market opportunity by Product ($ billion)

9 Market Segmentation by Distribution Channel

9.1 Market segments
- Chart on Distribution Channel - Market share 2024-2029 (%)
- Data Table on Distribution Channel - Market share 2024-2029 (%)
9.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
9.3 Offline - Market size and forecast 2024-2029
- Chart on Offline - Market size and forecast 2024-2029 ($ billion)
- Data Table on Offline - Market size and forecast 2024-2029 ($ billion)
- Chart on Offline - Year-over-year growth 2024-2029 (%)
- Data Table on Offline - Year-over-year growth 2024-2029 (%)
9.4 Online - Market size and forecast 2024-2029
- Chart on Online - Market size and forecast 2024-2029 ($ billion)
- Data Table on Online - Market size and forecast 2024-2029 ($ billion)
- Chart on Online - Year-over-year growth 2024-2029 (%)
- Data Table on Online - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ billion)
- Data Table on Market opportunity by Distribution Channel ($ billion)

10 Market Segmentation by Pricing Scheme

10.1 Market segments
- Chart on Pricing Scheme - Market share 2024-2029 (%)
- Data Table on Pricing Scheme - Market share 2024-2029 (%)
10.2 Comparison by Pricing Scheme
- Chart on Comparison by Pricing Scheme
- Data Table on Comparison by Pricing Scheme
10.3 Cash - Market size and forecast 2024-2029
- Chart on Cash - Market size and forecast 2024-2029 ($ billion)
- Data Table on Cash - Market size and forecast 2024-2029 ($ billion)
- Chart on Cash - Year-over-year growth 2024-2029 (%)
- Data Table on Cash - Year-over-year growth 2024-2029 (%)
10.4 Digital payment - Market size and forecast 2024-2029
- Chart on Digital payment - Market size and forecast 2024-2029 ($ billion)
- Data Table on Digital payment - Market size and forecast 2024-2029 ($ billion)
- Chart on Digital payment - Year-over-year growth 2024-2029 (%)
- Data Table on Digital payment - Year-over-year growth 2024-2029 (%)
10.5 Buy now pay later - Market size and forecast 2024-2029
- Chart on Buy now pay later - Market size and forecast 2024-2029 ($ billion)
- Data Table on Buy now pay later - Market size and forecast 2024-2029 ($ billion)
- Chart on Buy now pay later - Year-over-year growth 2024-2029 (%)
- Data Table on Buy now pay later - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by Pricing Scheme
- Market opportunity by Pricing Scheme ($ billion)
- Data Table on Market opportunity by Pricing Scheme ($ billion)

11 Customer Landscape

11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview
13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
- Overview on factors of disruption
13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered
14.2 Company ranking index
- Company ranking index
14.3 Market positioning of companies
- Matrix on companies position and classification
14.4 AS Watson Group
- AS Watson Group - Overview
- AS Watson Group - Product / Service
- AS Watson Group - Key offerings
- SWOT
14.5 AEON CO. LTD.
- AEON CO. LTD. - Overview
- AEON CO. LTD. - Business segments
- AEON CO. LTD. - Key offerings
- AEON CO. LTD. - Segment focus
- SWOT
14.6 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
- SWOT
14.7 Central Retail Corp.
- Central Retail Corp. - Overview
- Central Retail Corp. - Business segments
- Central Retail Corp. - Key offerings
- Central Retail Corp. - Segment focus
- SWOT
14.8 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
- SWOT
14.9 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
- SWOT
14.10 Foodland Supermarket Co. Ltd.
- Foodland Supermarket Co. Ltd. - Overview
- Foodland Supermarket Co. Ltd. - Product / Service
- Foodland Supermarket Co. Ltd. - Key offerings
- SWOT
14.11 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
- SWOT
14.12 Mitsukoshi
- Mitsukoshi - Overview
- Mitsukoshi - Product / Service
- Mitsukoshi - Key offerings
- SWOT
14.13 Rimping Supermarket
- Rimping Supermarket - Overview
- Rimping Supermarket - Product / Service
- Rimping Supermarket - Key offerings
- SWOT
14.14 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
- SWOT
14.15 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
- SWOT
14.16 SPAR International
- SPAR International - Overview
- SPAR International - Product / Service
- SPAR International - Key offerings
- SWOT
14.17 Tesco Plc
- Tesco Plc - Overview
- Tesco Plc - Business segments
- Tesco Plc - Key offerings
- Tesco Plc - Segment focus
- SWOT
14.18 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
- SWOT

15 Appendix

15.1 Scope of the report
15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
15.3 Currency conversion rates for US$
- Currency conversion rates for US$
15.4 Research methodology
- Research methodology
15.5 Data procurement
- Information sources
15.6 Data validation
- Data validation
15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
15.8 Data synthesis
- Data synthesis
15.9 360 degree market analysis
- 360 degree market analysis
15.10 List of abbreviations
- List of abbreviations