Thailand Is the 22nd Largest Market for E-Commerce with Current Y-O-Y Growth Rates Of 16%, Even Higher Than USA: Ken Research

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Thailand E-Commerce Logistics Market Ecosystem

Thailand E-Commerce Logistics Market is in the growing stage, the growth of Thailand’s logistics sector is also being supported by booming exports with automotive, agribusiness, chemicals and electronics being in-demand industries at the moment.

Key Market Findings:

• Increase in international shipment is expected in 2026F compared 2021. Consumers are increasingly turning to cross-border e-commerce as per capita incomes rise and access to international brands increases.
• AI and a horde of other devices like drones, electric vehicles, automated systems, high-tech security and efficient management systems have made the processes much easier for logistics companies as well as their clients.
• Companies in the e-commerce segment are battling against each other to acquire and retain clients, expand geographical presence, expand service offerings and improve unit economics to increase margins.

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Technology advancement: This helps to boost E-Commerce as easier and more secure digital payment options can make the online shopping experience more convenient for both customer and merchant online payments also allow for more flexible delivery arrangements like the living parcel to lockers since the consumer does not need to be present to make the payment.

Internet-Savvy Consumers Comfortable with making Online Purchases: Given Thailand's mobile phone penetration rate of 98% and smartphone penetration at 71% in 2021, it is no surprise that smartphone users dominate E-Commerce activities. ETDA notes that generation why those now around 17 to 36 years old spent most of the time online last year especially on Facebook Instagram Twitter in Pantip from where the make all their transactions.

Platform Integration: E-Commerce platforms face a major challenge in integrating a critical mass of multiple user bases, i.e. sellers and buyers. Often, a platform's perceived value rests largely on this factor. High delivery failure rates due to lack of order and delivery consolidation between retailers.

Analysts at Ken Research in their latest publication “Thailand E-Commerce Logistics Market Outlook to 2026F- Driven by Change in Consumption Pattern of Consumers, Government Initiatives and Innovation of Advanced Technologies” by Ken Research observed that Thailand E-commerce Logistics Market is in a growing phase. Technology will have a huge role to play in the sector as applications and AI, horde of other devices like drones, electric vehicles, automated systems, and high-tech security are some of the factors that will contribute to the Thailand E-commerce Logistics Market growth over the period of 2021-2026F. It is expected that Thailand's E-commerce Logistics Market will grow at a CAGR of 9.5% for the above-forecasted period.

Key Segments Covered in the report: -

Thailand E-commerce Logistics Market

By Delivery

• Same Day
• Next Day
• Two day

By International and domestic:

• Domestic
• International

By Mode of Payment

• Cash
• Online

By Shipment Weight

• 0 -1 Kg
• Greater than 6 Kg
• 3 – 6 Kg
• 1 – 3 Kg

By Age Distribution

• (17 – 36 Years)
• (37 – 50 Years)
• (51 and above)

By E-Commerce Value

• B2G
• B2B
• B2C

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By Booking Mode

• Online
• Offline

By Product Category

• Mobile & Electronics
• Fashion
• Beauty
• Lifestyle & Hobby
• Health & Wellness
• Home & Living
• Toys
• Mom & Baby
• Automotives
• Sports
• Others

Key Target Audience

• E-Commerce Companies aiming to establish in Thailand
• Thailand E-Commerce logistics industries
• Government Bodies & Regulating Authorities
• E-Commerce Industry
• Logistics industry
• Shipping company
• Warehousing Companies
• E-Commerce users
• Industry Associations

Time Period Captured in the Report:

• Historical Period: 2017-2021
• Base Period: 2021
• Forecast Period: 2022-2026F

Companies Covered:

• Kerry Express
• Lazada Logistics
• J&T Express
• Flash Express
• Eleven Street
• Tarad
• Weloveshopping
• Look Si

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Key Topics Covered in the Report

Ecosystem of major entities in Thailand e-commerce logistics market

Overview of Thailand logistics infrastructure and dependent market

Market overview & genesis

Logistics business model

Value chain analysis e-commerce logistics

Thailand E-commerce Logistics Market Size, 2019 - 2022

Segmentation by type of shipment and type of company on the basis of revenue

Segmentation by mode of shipment & delivery period on the basis of revenue

Segmentation by modes of payment & type of product on the basis of revenue

Factors influencing partnership decision with logistics provider

Cost component analysis for logistics provider

SWOT analysis of Thailand e-commerce logistics market

Trends & development of Thailand e-commerce logistics market

Growth driver of Thailand e-commerce logistics market

Issues and challenges of Thailand e-commerce and e-commerce logistics market

Government regulations for Thailand e-commerce logistics market

Impact of covid-19 on Thailand e-commerce and e-commerce logistics

Key elements of the recovery phase for companies from pandemic

Cross-comparison of major players in Thailand e-commerce logistics market

Brand awareness

Strength & weakness of major players in Thailand e-commerce logistics market

Future Outlook

Analyst recommendation

For more insights on market intelligence, refer to the link below: -

Future Outlook of Thailand E-Commerce Logistics Market

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