The
report titled “Thailand
Warehousing Market Outlook to 2022 – By Business Model (Industrial / Retail
Freight, Container Freight, Cold Storage, Agriculture and Others), By End Users
(FMCG, Automotives, Electronics and Others; By Regional Landscape and By Third
Party Warehousing” provides a comprehensive analysis of warehousing
services in Thailand. The report focuses on number of warehouses, warehousing
capacity, warehousing revenue, market segmentation by regions (Samutprakarn,
Chonburi, Ayutthaya, Bangkok and Others); by end user (FMCG, Automotives,
Electronics and Others); by business model (Industrial/ Retail freight,
Container freight, Cold storage, Agriculture and Others); by regional landscape
and by type of ownership (Company owned/ 3PL).The report also covers the
overall comparative landscape in Thailand warehousing market. The report
concludes with market projection for future and analyst recommendations
highlighting the major opportunities and cautions.
Thailand Warehousing Market Overview
and Size
Warehouses
operating in Thailand are not just simply storage spaces, but instead host
multiple value-adding processes, like just-in-time packaging, assembly, product
customization and others. In terms of revenue generation, the warehousing
market in Thailand has increased at a single digit CAGR during 2012-2017. Over
the past few years, rapid retail market developments have been evident in Thailand
with a continuous increase in organized retail or modern shopping across the
country. Raising standard of living of the Thai population and sizeable young
population coupled with flourishing tourism in Thailand has attracted a host of
international brands, thus driving the demand for warehousing services in the
country. “Just-in-Time” and “Just-in-Case” manufacturing processes are trending
across global warehousing industry including Thailand with a purpose of
eliminating waste and inconsistencies which are hampering with overall
productivity.
Thailand Warehousing Market
Segmentation
By Number of Warehouses
Samutprakarn
province remains the most popular location for logistic service providers
mainly because it is located not far from Bangkok, the capital city of
Thailand, and the Suvarnabhumi Airport. Chonburi, which is a growing industrial
and commercial district rich in coastal lines, takes the second highest amount
of warehouse area in Thailand. This is mainly due to the lower rates for
warehousing compared to the city of Bangkok and the convenient location of the
city. Other cities such as Ayutthaya, Bangkok, Chachoengsao and others
collectively represented the remaining share of warehouses in the country.
Groups like JWD, WHA and Ticon are some of the major players in the warehousing
market of Thailand.
By End User
The
need for specialized care with an increase in standard of living of the urban
population has made the FMCG sector the highest end user in the warehousing
industry in the year 2017. The second major sector major sector which
contributed to the warehousing demand is automotive. The growth in the number
of passenger vehicles has led to an increased demand for vehicle parts and
service equipment leading to the automotive sector contribute a sizeable
proportion. The electronics sector takes the next highest market share as the
demand for high grade electrical and electronic equipment is constantly on the
rise in developing countries. Remaining sectors varied from textiles to
consumer durables to pharmaceuticals cumulatively contributing remaining share
to the Warehousing industry in Thailand.
By Business Model
The
industrial/retail freight segment dominated overall Thailand warehousing market
with a massive revenue share of in the year 2017. Container freight followed
industrial / retail with in the year 2017. The use of containers in export
shipments makes the transport and goods handling easier and faster.
Additionally, the containers are designed to facilitate the carriage of goods
without intermediate reloading.
3PL
(Third Party Logistics) make up the primary warehousing services market
contributing the largest share to the warehousing market.
Comparative Landscape in Thailand
Warehousing Market
The
warehousing companies in Thailand were observed to compete with each other on
the basis of the size and location of the warehouse. The location of the
warehouse has to be appropriate to the end user needs which reduces extra cost
of transportation and increases time efficiency. Other important factors which
influence the choice of warehouse are technologies/automation used in the
warehouses; value added services, GDP-certified temperature and
humidity-controlled environment and others.
Thailand Warehousing Market Future
Outlook and Projections
Thailand
warehousing market is expected to drive demand for more warehousing capacity in
near future on account of rising production in the country. The market is
forecasted to grow at a single digit CAGR during 2018-2022 driven by growth in
end user industry which constantly have the demand for warehousing facilities.
The price of warehousing in prime locations will rise significantly. It is expected that lower amount of warehouse
supply will enter to the market. The future supply of warehouse will increase, especially
in the areas such as Chonburi and Chachoengsao provinces that were affected by
the government’s Eastern Economic Corridor policy (EEC) and “Thailand 4.0” a
policy, .
Key Segments Covered
By Regions
·
Samutprakarn
·
Chonburi
·
Ayutthaya
·
Bangkok
By Business Model:
·
Industrial /
Retail Freight
·
Container Freight
·
Cold Storage
·
Agriculture and
Others
By End Use
·
Fast Moving
Consumer Goods (FMCG)
·
Automotive
·
Electronics
By Type of Ownership
·
3PL
·
Owned
Key Target Audience
·
Warehousing
Companies
·
Warehousing
Contractors
·
Warehousing
Technology Companies
·
Logistics
Association
·
Consulting
service providers
·
Private Equity/
VCs/ Investment Banking Companies
Time Period Captured in the Report:
2012-2017
– Historical Period
2018-2022
– Future Forecast
Companies Covered:
·
JWD Group
·
Ticon Group
·
WHA Group
·
Triple I
Logistics
·
Agility Logistics
·
DB Schenker
·
Yusen Logistics
·
Kuehne + Nagel
·
Siam Shipping
·
Siam Nistrans
·
Eagles Thai
·
CEVA Logistics
·
Menlo Logistics
·
JSI Logistics
Key Topics Covered in the Report:
·
Executive Summary
·
Research
Methodology
·
Thailand
Warehousing Market Introduction
·
Value Chain
Analysis in Thailand Warehousing Market
·
Thailand
Warehousing Market Size, 2012-2017
·
Thailand
Warehousing Market Segmentation, 2017
·
Regulatory
Framework in Thailand Warehousing Market
·
Comparative
Landscape in Thailand Warehousing Market
·
Thailand
Warehousing Market Future Outlook and Projections, 2018-2022
·
Analyst
Recommendations in Thailand Warehousing Market
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report, refer to below link:
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