Technavio’s Thailand Retail Market Research Report Forecasts Growth of $55.21 Billion – 5.01% YoY Growth Achieved in 2021


The retail market in Thailand is segmented by Product (Grocery, Apparel & Footwear, PCB, Home & Garden, and Others) and Distribution Channel (Offline and Online).

Based on product, the grocery segment generated maximum revenue in the market in 2021. The segment is driven by the expansion of product portfolios and retail stores by international retailers to cater to the growing number of clients. Additionally, factors such as changing lifestyles, increasing disposable incomes, and rapid urbanization will positively impact the growth of the segment.

Likewise, in terms of distribution channel, the offline segment will account for the maximum revenue generation in the market during the forecast period. The segment is driven by the expansion of specialty stores, hypermarkets, supermarkets and department stores across Thailand.

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The retail market in Thailand is expected to witness substantial growth over the forecast period, mainly due to the growing demand for ready-to-eat food products. Factors such as the increase in busy daytime schedules and the increase in the number of working women have increased consumer preference for ready-to-eat food products in Canada. Thailand. As men and women go to work, the time spent on household chores decreases due to their busy work schedules. This has led to a reduction in the traditional method of cooking food and resulted in a shift in consumer preferences towards nutrient rich processed food products. Additionally, changing consumer preferences are encouraging foodservice businesses to offer a wide range of products in different forms, such as chilled, frozen, and canned. All these factors are driving the growth of the retail market in Thailand.

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The retail market in Thailand is highly competitive and fragmented due to the presence of international and local players operating across the country. With increasing competition, vendors are coming up with innovative products to meet changing consumer demands and to increase their customer base. The competition is expected to intensify during the forecast period with the entry of several new players, private labels, price wars and mergers and acquisitions.

Here are some of the products offered by the main suppliers:

Aeon Co.Ltd. : The Company operates through its subsidiary, AEON (Thailand) Co., Ltd., in Thailand and has 30 branches of Maxvalu Supermarket around bangkok and Greater Bangkok.

Berli Jucker Public Co. Ltd. : The company operates its retail business in Thailand through the public company Big C. It includes 125 Supercenter stores, 15 Big C Extra stores, 60 Market stores, 642 MiniBig C stores, 85 franchise stores, 135 Pure pharmacies and various other stores across Thailand.

Core group of companies: The company operates a retail business and owns numerous retail stores across Thailand.

Along with market data, Technavio offers customizations according to specific business needs. The following customization options are available for the retail market report:

Regional analysis

  • Further breakdown of market segmentation in demanded regions.

Information on market players

  • Detailed analysis and profiling of additional market players, vendor segmentation, and vendor offerings.
  • Know the strategies adopted by sellers during the recovery phase. Talk to our analyst now

Our Customers Who Bought This Report Also Bought,

Retail market in Thailand: scope

Report cover


Page number


base year


Forecast period


Growth momentum and CAGR

Accelerate at a CAGR of 6%

Market Growth 2021-2025

$55.21 billion

Market structure


Annual growth (%)


Regional analysis


Successful market contribution

100% Thailand

Main consumer countries


Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Aeon Co. Ltd., Berli Jucker Public Co. Ltd., Central Group of Company, CP All Public Co. Ltd., Foodland Supermarket Co. Ltd., Home Product Center Public Co. Ltd., Isetan Mitsukoshi Holdings Ltd., Seven & i Holdings Co. Ltd., Tesco Plc and The Mall Group

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents :


Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Predictions for 2020 – 2025

Five forces analysis

  • Summary of the five forces
  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by product

  • Market segments
  • Comparison by product
  • Grocery – Market size and forecast 2020-2025
  • Clothing and footwear – Market size and forecast 2020-2025
  • PCB – Market size and forecast 2020-2025
  • Home and Garden – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by product

Market segmentation by distribution channel

  • Market segments
  • Comparison by distribution channel
  • Offline – Market size and forecast 2020-2025
  • Online – Market size and forecast 2020-2025
  • Market opportunity by distribution channel

Customer landscape

  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Competitive scenario
  • Supplier landscape
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • Aeon Co.Ltd.
  • Berli Jucker Public Co. Ltd.
  • Enterprise Core Group
  • CP All Public Co. Ltd.
  • Foodland Supermarket Co. Ltd.
  • Home Public Co. Ltd. Product Center
  • Isetan Mitsukoshi Holdings Ltd.
  • Seven & i Holdings Co. Ltd.
  • Tesco Plc
  • The mall group


  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

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