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Industry Outlook Analysis

11 Nov 2019

Services

Thailand Will Become an Aged Society in 2022 at the Earliest Amid Business Opportunities and Challenges in Terms of Income (Current Issue No.3053)

The rapid aging of population is being seen in many developing countries, while most advanced nations have become full-fledged aging societies. Thailand has been an aging society since 2005 and is expected to become an aged society in 2022 or three years at the earliest. Currently, about 6-8 provinc... Read more

8 Nov 2019

Services

E Logistics Marketplace: Opportunity for Thai carriers amid intensifying competition in the digital era (Current Issue No.3051)

Over the past five years, Thai companies offering road transport services have faced fiercer competition due to an expansion of international logistics giants in Thailand. In the past, these international logistics giants used to focus on serving export oriented industrial manufacturers. Recently... Read more

8 Nov 2019

Services

Retail Trade, 2020: Growing 2.8%...Weak Purchasing Power Continues to Dampen Business (Current Issue No.3052)

As subdued consumer purchasing power continues to pressure the retail business, we at KResearch expect that retail sales will grow approximately 2.7-3.0 percent YoY in 2020, against the 3.1 percent pace projected for 2019. Traditional retail stores and hypermarkets, focusing on grassroots and low-to... Read more

24 Sep 2019

Services

Turnover in Last-mile Delivery Business May Reach THB36 Billion in 2020 amid Challenges (Current Issue No.3033)

We at KResearch expect that the last-mile delivery business will grow steadily at 11.0 percent p.a. over the next 2-3 years. Its turnover is projected to reach approximately THB36-37 billion in 2020, supported chiefly by steady growth in the e-commerce business in terms of the number of online shopp... Read more

27 Mar 2019

Services

Senior freelance community…an option for the elderly to earn income and create opportunities for businesses (Current Issue No.2974)

Thailand has been an aging society since 2005. According to the latest information in 2018, there are 11.8 million senior citizens, representing 17.7 percent of the total population. From the business perspective, the demographic shift creates an opportunity for Thai companies to rethink and adjust ... Read more

11 Dec 2018

Services

New Year: Bangkokians expected to spend more than THB30.8 billion, and to be more selective about recipients and gifts (Current Issue No.2944)

KResearch survey reveals that more than 59 percent of the respondents choose to celebrate the 2019 New Year in Bangkok, which is close to last year’s figure of 60 percent, due to heavy traffic, the crowded atmosphere and concerns over their spending power. However, most of the respondents have made ... Read more

4 Jun 2018

Services

Private Hospital Business, 2018: Opportunities to Tap into Chinese Medical Tourists (Current Issue No. 2912)

KResearch is of the view that there is heightened competition among private hospitals vying for Thai patients here because purchasing power of such patients remains subdued. Although private hospitals have opportunities to expand their customer bases by capturing the growing number of senior citizen... Read more

9 Mar 2018

Services

Restaurant Business: Expected to Rise 4-5% in 2018 (Current Issue No. 2904)

At present, more restaurateurs are setting up in department stores and other large retail facilities. The current expansion in new shopping malls a... Read more