Logistics Market in Thailand to grow by USD 8.89 Bn; CMA CGM Group, Deutsche Post AG, Kerry Logistics Network Ltd. emerge as key vendors - Technavio

NEW YORK, Nov. 9, 2022 /PRNewswire/ -- The logistics market in Thailand is expected to grow by USD 8.89 billion, accelerating at a CAGR of 4.95% between 2021 and 2026, according to the latest market research report by Technavio. The logistics market in Thailand is in its growth stage and is expected to grow at a moderate pace during the forecast period. The market has established vendors such as CMA CGM Group, Deutsche Post AG, Schenker AG, and they are trying to gain market share by expanding their business to new regions and launching products. This tends to increase competition among vendors. However, the cost of switching products and product differentiation is low, which tends to reduce the competition among vendors. Therefore, the threat of rivalry was moderate in 2021 and is expected to remain the same during the forecast period. Get detailed insights into the vendor landscape and make informed decisions. Buy Full Report Now!

Logistics Market in Thailand 2022-2026: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our logistics market in Thailand report covers the following areas:

• Logistics Market Size
• Logistics Market Trends
• Logistics Market Industry Analysis

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Logistics Market in Thailand 2022-2026: Segmentation

The logistics market in Thailand is segmented as below:

• End-user 
• Manufacturing
• Automotive
• Retail
• Healthcare
• Others

The manufacturing segment will witness significant growth in the market. The growing manufacturers' need to increase productivity is the major factor driving the adoption of industrial robots into their business process to manage logistics on the work floor. Combining AI with robotics is helping manufacturers leverage benefits such as increased uptime, higher productivity through predictive maintenance, and reduced programming time.

• Function 
• Transportation
• Inventory Holding
• Administration

The transportation segment will account for the maximum revenue generation in the market during the forecast period. The growing demand for last-mile delivery solutions in Thailand, backed by the growth in the global e-commerce industry, is driving the growth of the segment. Identify potential segments to invest in over the forecast period. Download Free Sample Report Now

Logistics Market in Thailand 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the logistics market in Thailand. Backed with competitive intelligence and benchmarking, our research report on the logistics market in Thailand is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

CMA CGM Group, Deutsche Post AG, Kerry Logistics Network Ltd., MON Logistics Group Co. Ltd., SCG Logistics Management Co. Ltd., Schenker AG, Unithai Group, WICE Logistics Public Company Ltd., Yamato Unyu, and YUSEN LOGISTICS CO. LTD. are some of the major market participants.

Although the growing e-commerce will offer immense growth opportunities, increased lead time and supply-demand imbalance will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Learn more about the additional trends impacting the future of the market and the positive and negative consequences on the businesses. Download Free Sample Report

Logistics Market in Thailand 2022-2026: Key Highlights

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist logistics market growth in Thailand during the next five years
• Estimation of the logistics market size in Thailand and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the logistics market in Thailand
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of logistics market vendors in Thailand

Related Reports:

• The e-commerce logistics market share in Southeast Asia is expected to increase by USD 58.93 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 20.16%. The rise in social commerce is notably driving the e-commerce logistics market growth in Southeast Asia, although factors such as the high logistics costs may impede the market growth.
• The cross-border e-commerce logistics market share is projected to surge by USD 55.47 billion by 2026 at a CAGR of 11.71%. The increasing penetration of mobile computing devices is notably driving the market growth, although factors such as the high cost of air freight and logistics may impede the market growth.

Table Of Contents:

Executive Summary

Market Landscape

• Market ecosystem

Market Sizing

• Market definition
• Market segment analysis
• Market size 2021
• Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by End-user

• Market segments
• Comparison by End-user
• Manufacturing - Market size and forecast 2021-2026
• Automotive - Market size and forecast 2021-2026
• Retail - Market size and forecast 2021-2026
• Healthcare - Market size and forecast 2021-2026
• Others - Market size and forecast 2021-2026
• Market opportunity by End-user

Market Segmentation by Function

• Market segments
• Comparison by Function
• Transportation - Market size and forecast 2021-2026
• Inventory holding - Market size and forecast 2021-2026
• Administration - Market size and forecast 2021-2026
• Market opportunity by Function

Customer landscape

• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• CMA CGM Group
• Deutsche Post AG
• Kerry Logistics Network Ltd.
• MON Logistics Group Co. Ltd.
• SCG Logistics Management Co. Ltd.
• Schenker AG
• Unithai Group
• WICE Logistics Public Company Ltd.
• Yamato Unyu
• YUSEN LOGISTICS CO. LTD.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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