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Monday, April 29, 2024

Retail Market Size in Thailand to Grow by USD 55.21 Billion | By Product (grocery, apparel and footwear, BPC, home and garden, and others) and Distribution channel (offline and online)

  • In-Scope:
    • Grocery:
      The retail market share growth in Thailand by the grocery segment will be significant during the forecast period. The grocery segment is one of the major contributors in terms of sales in the retail market in Thailand. The country’s grocery market is growing at a rapid pace, with various leading domestic and international retailers expanding their product portfolios and retail stores to cater to growing consumer numbers. However, among all retail formats, convenience stores exhibit strong growth given the rising consumer preference for purchasing day-to-day grocery requirements (especially small-quantity purchases) from shops in the vicinity.
  • Out-of-Scope:
    • Apparel and footwear
    • BPC
    • Home and garden
    • Others

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Moreover, the report also provides Value Chain Analysis

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