Logistics market in Thailand: 3.90% annual growth rate in 2022

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The growth of the logistics market share in Thailand by the manufacturing segment will be significant during the forecast period. Growing need of manufacturers to increase their productivity is the major factor driving the adoption of industrial robots in their business processes to manage workplace logistics, which is expected to positively impact the targeted segment over the course of the same period.

  • Offscreen :
    • Automotive
    • Retail
    • Health care
    • Others

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Additionally, the report also provides Value chain analysis which helps businesses gain a competitive advantage in the marketplace. the Logistics market value chain in Thailand includes the following basic components:

  • Submissions
  • Operations
  • Marketing and Sales
  • Service
  • Support activities
  • Innovation

Strong points-

  • Segmentation- The report covers in detail market segmentation by end user (manufacturing, automotive, retail, healthcare and others) and by function (transportation, inventory management and administration)
  • Key Companies- 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. among others
  • Driver- Develop e-commerce to boost the market.
  • Challenge– Increased lead times and supply-demand imbalance to hinder market growth

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Overview of Suppliers-

The logistics market in Thailand is fragmented and vendors are deploying organic and inorganic growth strategies to compete in the market.

  • CMA CGM Group – The company offers one-stop logistics that includes transport, customs clearance, on-site handling and storage.
  • Deutsche Post AG – The company offers a wide range of logistics solutions such as green logistics, integrated logistics and many others.
  • Kerry Logistics Network Ltd.- The company offers integrated logistics such as warehousing and distribution, value-added services and logistics facilities.

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Learn more about key driver and market challenge-

  • logistics market in Thailand Driver:

As the incomes of countries in the Association of Southeast Asian Nations (ASEAN) continue to grow, there is demand for evolving e-commerce ecosystems and consumer goods, with increased spending inhabitants of these countries. Additionally, there are approximately 57 million internet users in the country who are familiar with using digital technology, mobile and e-commerce, which has made Thailand an ideal growth environment for e-commerce. Thus, providers such as Central Group, Aden, DHL Express Thailand, Kerry Express are introducing low-cost, high-quality logistics services domestically, and have started nationwide end-to-end delivery. For small and medium-sized enterprises (SMEs), this means more convenient and faster delivery to consumers at significantly lower costs. These factors are expected to have a positive impact on the growth of the market over the forecast period.

  • logistics market in Thailand Challenge:
    • Increased lead times and supply-demand imbalance:

More than half of shippers surveyed in 2021 by Infosys Consulting saw at least a quarter reduction in supply chain operations due to the COVID-19 pandemic. Logistics transportation and distribution networks are disrupted due to imbalance between supply and demand, lack of last mile fulfillment services and labor shortages. Additionally, sometimes delivery times increase from the manufacturer’s end due to raw material shortages, limited labor, and pandemic lockdowns. Additionally, the shift in consumer preference towards online shopping has been above pre-COVID-19 levels, which is expected to put pressure on the global transportation and logistics industry. Thus, supply chain disruptions and lead time increments are expected to be challenging for transportation and logistics providers in the logistics market in Thailand during the forecast period.

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Logistics market in Thailand

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 4.95%

Market Growth 2022-2026

$18.89 billion

Market structure

Fragmented

Annual growth (%)

3.90

Regional analysis

Thailand

Successful market contribution

100% Thailand

Main consumer countries

Thailand

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

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.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Customization overview

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Abstract

Market landscape

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: forecast for 2021 – 2026

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by end user

  • Market segments
  • Comparison by end user
  • Manufacturing – Market size and forecast 2021-2026
  • Automotive – Market size and forecast 2021-2026
  • Retail – Market size and forecast 2021-2026
  • Healthcare – Market size and forecast 2021-2026
  • Others – Market size and forecast 2021-2026
  • Market opportunity by end user

Market segmentation by function

  • Market segments
  • Comparison by function
  • Transport – Market size and forecast 2021-2026
  • Storage – Market size and forecast 2021-2026
  • Administration – Market size and forecast 2021-2026
  • Market opportunity by function

Customer landscape

  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • CMA-CGM Group
  • Deutsche Post AG
  • Kerry Logistics Network Ltd.
  • MY Logistics Group Co. Ltd.
  • SCG Logistics Management Co.Ltd.
  • Schenker AG
  • Unithai Group
  • WICE Logistics Public Company Ltd.
  • Yamato Unyu
  • YUSEN LOGISTICS CO. LTD.

appendix

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

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