The study was conducted by the Office of Small and Medium Enterprise Promotion (OSMEP).
OSMEP director Weerapong Malai revealed on Tuesday that the office has been analysing expansion trends among SMEs over the past few years by drawing data from operators and relevant agencies.
Researchers came up with a prediction on the economic outlook of each business in 2024 based on projected market value, consumer demands, employment rate and changes in investment capital.
The anticipated high-growth SMEs in 2024 include:
• Self-service laundromats: A staggering 1,925% year-on-year growth is projected, attributed to the rising number of condominiums and apartments in major cities and the evolving lifestyle of the new generation.
• Carbonated drink manufacturing: Expecting a 1,109% year-on-year growth due to the rising popularity of locally produced soft drinks, that offer consumers…
