Logistics Market Analysis in Thailand: Growing E-commerce to Drive Growth

Deutsche Post AG, Kerry Logistics Network Ltd., MON Logistics Group Co. Ltd., and SCG Logistics Management Co. Ltd. are among the key vendors discussed in the research report

The logistics market in Thailand is set to post an incremental growth of USD 8.89 billion, progressing at a CAGR of 4.95% during the forecast period. CMA CGM Group, Deutsche Post AG, Kerry Logistics Network Ltd., MON Logistics Group Co. Ltd., SCG Logistics Management Co. Ltd., Schenker AG, Unithai Group, WICE Logistics Public Company Ltd., Yamato Unyu, and YUSEN LOGISTICS CO. LTD. are some of the major market participants.

The Thailand logistics report has been broadly categorized into the following demographic segmentations: 

• End-user - Manufacturing, automotive, retail, healthcare, and others
• Function - Transportation, inventory holding, and administration

Unlock the Sample Thailand logistics report 2022-2026 that provides a detailed understanding of the key players as well as their product portfolios and upcoming pipelines. These insights will enable our clients to gauge potential growth opportunities and thus design their business strategies.

Logistics Market in Thailand: Market Segments and Key Trends

The Logistics market in Thailand is segmented by End-user (Manufacturing, Automotive, Retail, Healthcare, and Others) and Market Landscape (transportation, inventory holding, and administration).

Based on End-user, the logistics market share growth in Thailand by the manufacturing segment will be significant during the forecast period. The growing manufacturers' need to increase productivity is the major factor driving the adoption of industrial robots into their business process to manage logistics, which is expected to positively impact the segment.

The use of blockchain with logistics is one of the key trends positively impacting the logistics market in Thailand. However, the increased lead time and supply-demand imbalance are one of the challenges that will need to be overcome to drive growth.

Logistics Market in Thailand: Top Drivers to Boost Demand

The growing e-commerce is one of the primary factors driving the growth of the logistics market in Thailand. 57 million internet users in the country are familiar with the use of digital technology, mobile, and e-commerce has made Thailand an ideal growth environment for the e-commerce business. Vendors are introducing low-cost, high-quality logistics services domestically and have begun end-to-end domestic delivery. More convenient and faster delivery to consumers at significantly lower costs will positively impact the logistics in Thailand.

Download the PDF sample report for highlights on the logistics industry overview, market size, growth momentum, regional growth opportunities, vendor analysis, and other factors influencing the growth of the market.  

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerating at a CAGR of 4.95%.
    
2. What is the incremental growth of the market?
   The market is expected to grow up to USD8.89 billion through 2021-2026.
    
3. What is a key factor driving this market?
   Growing e-commerce will drive market growth during the forecast period.
                                                                
4. Who are the leading market vendors?
   The leading vendors in this market are CMA CGM Group, Deutsche Post AG, Kerry Logistics Network Ltd., MON Logistics Group Co. Ltd., SCG Logistics Management Co. Ltd., Schenker AG, Unithai Group, WICE Logistics Public Company Ltd., Yamato Unyu, and YUSEN LOGISTICS CO. LTD.
    
5. What are the market segments covered in this report?
   The market is segmented by End-user (Manufacturing, Automotive, Retail, Healthcare, and Others) and Market Landscape (transportation, inventory holding, and administration).