Retail Industry in Thailand - Major trends, Growth and Opportunities (2020 - 2025)

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The retail industry in Thailand continues to maintain its momentum, driven by technology, economic developments and population growth. Key factors in the growth of retail industry are economic growth, rising population, growing youth segment and rising purchasing power. Retail industry in the Thailand region will expand at a CAGR of 8.2% over 2013-18 which is lowest in Asia-Pacific. The Overall size of Thailand retail market will be $196 billion USD in 2018.

Thailand retail sector is driven by rising disposable income, consumer confidence and increased high net worth Individuals. Retail market is badly affected by low GDP per capita.

Liberal retail policies and removal of trade barriers and restrictions on foreign investment and linkage to World Trade Organization (WTO) are helping the retail sector growth in Thailand.

What the report offers

The study elucidates the situation of Thailand and predicts the growth of its Retail Industry. Report talks about growth, market trends, progress, challenges, opportunities, technologies in use, growth forecast, major companies, upcoming companies and projects etc. in the Retail sector of Thailand. In addition to it, the report also talks about economic conditions of and future forecast of its current economic scenario and effect of its current policy changes in to its economy, reasons and implications on the growth of this sector. Lastly, the report is segmented by various types’ Retail available in the country.

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