DUBLIN, May 12, 2022 /PRNewswire/ — The “Thailand Tractor Market – Industry Analysis & Forecast 2022-2028” report has been added to ResearchAndMarkets.com’s offering.
The Thailand tractors market is expected to grow at a CAGR of 3.71%.
Increased food consumption and rapid population growth are driving the agricultural and forestry tractor market in Thailand. This increasing demand for food will have to be met by a tremendous increase in production and per hector yield. Recent socio-demographic changes in Thailand are also driving demand in the Thailand tractors market.
The number of people regularly working in agriculture is decreasing in Thailand. This increases the need for agricultural machinery in the country, thus positively impacting Thailand’s Agricultural Tractor Market.
The 20-40 HP segment generated the highest sales in almost all the regions of Thailand. Tractors with a…
