Thailand E-Commerce Logistics Market
Segmentation
By Channel
3PL
companies in Thailand E-Commerce
Logistics Market have dominated
E-commerce logistics market with the share of ~% in terms of number of orders
received during 2017. Some of the major 3PL companies include Kerry Logistics,
DHL, CJ Logistics and others which provide end to end services i.e. from
securing inventory in a warehouse to transporting goods from one place to
another. E-commerce merchants via their in-house logistics team captured the
remaining market share of ~% in terms of number of orders in the year 2017.
Major Major E-commerce companies in Thailand include Lazada Thailand, Shopee,
11Street and JIB which have their own well established distribution channel in
the country.
Thailand,
average ecommerce order size is found to be around ~ USD; thereby companies
here go the extra-mile for fast delivery. Growing expectations of consumers
towards fast shipping from e-retailers has led to rise of same-day delivery
option in Thailand. The segment captured a market share of ~%, thus evaluated
at ~ million orders in Thailand E-commerce logistics market in the year 2017. The 2 day delivery segment also known as the
standard delivery segment, followed with a market share of ~% in terms of
number of orders, thus evaluated at THB ~ million in Thailand E-commerce
logistics market in 2017.
By Speed of Delivery
The
1 day delivery, commonly known as express delivery segment was observed to be
chosen as the most preferred shipping choice for Thailand’s digital buyers
owing to the rise in availability for free shipping among many e-retailers in
the country and e-logistics service providers.
Thailand,
average ecommerce order size is found to be around ~ USD; thereby companies
here go the extra-mile for fast delivery. Growing expectations of consumers
towards fast shipping from e-retailers has led to rise of same-day delivery
option in Thailand. The segment captured a market share of ~%, thus evaluated
at ~ million orders in Thailand E-commerce logistics market in the year
2017. The 2 day delivery segment also
known as the standard delivery segment, followed with a market share of ~% in
terms of number of orders, thus evaluated at THB ~ million in Thailand
E-commerce logistics market in 2017.
By Payment Method
The
Cash on Delivery (COD) segment established itself as market leader in Thailand
E-commerce logistics market with a massive revenue share of ~% in the year
2017. COD remains the dominant means of payment method accepted by merchants in
the country owing to low consumer confidence in online payments and limited
card penetration. Thai consumers
appreciate the simplicity and value of COD, which comes without additional
charges.
Other
payment modes such as bank transfers, payment cards, e-wallets and scratch
cards collectively captured the remaining share ~% in Thailand E-commerce
logistics market in 2017.
By Area of Delivery
The
intra-city segment within Thailand E-commerce logistics market established
itself as market leader with a massive market share of ~% in terms of number of
orders, thus evaluated at ~ million orders in the year 2017. The reason for the
capture of the E-commerce logistics market has been the growing number of
investments in the intra-city logistics sector and launch of logistics firms
like Ninja Van, Lalamove, Skootar, Alpha, SCG Express and Others.
The
intercity segment within Thailand E-commerce logistics market accounts for USD
~ million worth of deliveries and account for the rest ~% of the market.
Comparative Landscape in Thailand
E-Commerce Logistics Market
The
E-commerce logistics market in Thailand was observed to highly concentrate with
the presence of major players such as Kerry Logistics, DHL, CJ Express, SK
Logistics, Shippop, aCommerce, FedEx, TNT and Others in the year 2017. These
logistics companies in Thailand compete on the basis of shipping points,
coverage area, delivery boys, prices, payment collection methods and
associations with E-commerce merchants.
The
e-commerce logistics companies either have their own fleet of shippers or have
employees act as shippers or outsource the delivery aspect to a third party.
Since the E-commerce business environment has become more dynamic and
competitive, the companies tend to demand better logistics services which are
flexible and cost effective in nature. The e-commerce logistics companies
either have their own fleet of shippers or have employees act as shippers or
outsource the delivery aspect to a third party.
Thailand E-Commerce Logistics Market
Future Outlook and Projections
Over
the forecast period, Thailand E-commerce logistics market is expected to drive
demand from rising E-commerce spending especially by a young, smart phone
addicted and incredibly internet-savvy millennial group which has prompted
E-commerce platforms in Thailand to alter strategies to cater to the younger
generation. The Thailand 4.0 policy vision promises to be a huge boost for the
economy turning the Thai economy into an innovation driven enterprise. This
will not only drive the demand for smart machines and better connectivity but
also expand the market of ecommerce and hence e-logistics in Thailand. Online
shoppers in Thailand expect their delivery experience to be convenient,
intuitive and seamless. Likewise, e-tailers want to be able to sync their
orders from click to delivery, tracking shipments on their mobiles and, able to
inform and update customers about the delivery progress. Thailand E-commerce
logistics market is expected to generate revenues worth THB ~ billion in 2018
to THB ~ billion by the year ending 2022, thus growing at a CAGR of ~% in the
forecast period 2018-2022.
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