Thailand Warehousing Market Research Report to 2022: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit How Thailand Warehousing Market is positioned? Warehouses Operating in Thailand are not just simply storage spaces, but instead host multiple value-adding processes, like just-in-time packaging, assembly, product customization and others. In the past, warehouse was known as a cost center but now organizations in Thailand use warehouse as a place to add value by doing many related jobs such as labeling and packaging. Due to lingering price disparity in the country, the modern way of handling warehousing or distribution centers is commonly targeted for premium products and the conventional way is frequently utilized and is used by the rate-conscious firms. The demand of the warehousing in Thailand comes from logistics firm, distribution and trading and other industry sources. The increase in demand can be attributed to the consumers which need fast, accurate and safe Delivery of goods. In terms of revenue generation, the warehousing market in Thailand was evaluated Raising living standard in the country and sizeable young population coupled with flourishing tourism in Thailand has attracted a host of international brands, thus driving the demand for warehousing services in the country. The attractiveness of the market conditions has led to increased competition from growing players in domestic and foreign markets with more companies aiming to become end to end suppliers for logistics and warehousing services in the country. Thailand warehousing market reached its highest revenues worth USD ~ billion in the year 2017, thus growing at a five year CAGR of ~% for the review period 2012-2017. Thailand Warehousing Market Segmentation By Warehouse Space Most of warehouse space is located in Samutprakarn province, with a total area of ~sqm or ~% of entire market. Samutprakarn still remain the most popular location for logistic service providers. This is mainly because this province is located not far from Bangkok, the capital city of Thailand, and the Suvarnabhumi Airport. Chonburi takes the second highest amount of warehouse area in Thailand contributing almost ~ sqm which equals about ~% of the overall warehousing market in Thailand mainly due to the lower rates for warehousing compared to the city of Bangkok and the convenient location of Chonburi. Ayyuthaya contributes the third highest share in terms of warehouse area available In Thailand with a share of about ~% By End User The FMCG sector drives significant investment and value for Thailand warehousing market by capturing revenue share worth ~% in the year 2017. The fast moving consumer goods sector in Thailand has had a slow pace recently in terms of growth. The marginal growth it has had over the last 5 years has been caused mainly due to the increase in The second major sector contributing to the warehousing sector is automotive. The growth in the number of passenger vehicles has led to an increased demand for vehicle parts and service equipment leading to the automotive sector having a market size of THB ~ Billion. The electronics sector takes the next highest market share as the demand for high grade electrical and electronic equipment is constantly on the rise in developing countries. Remaining sectors varied from textiles to consumer durables to pharmaceuticals cumulatively contributing THB ~ Billion to the Warehousing industry in Thailand By Type of Ownership 3PL (Third Party Logistics) make up the primary warehousing services market contributing a share of about ~% to the total market. The overall contribution is of about THB ~Billion. Most of the warehousing service providers in Thailand have their own physical warehouses. In-house warehousing contributes about THB ~Billion to the warehousing market. The companies with their own warehousing facilities are rarely located within the city in Thailand. Thailand Warehousing Market Segmentation By Business Model The industrial / retail freight segment dominated overall Thailand warehousing market with a massive revenue share of ~% in the year 2017. The rising retail sector in Thailand has elevated the requirement of warehouses in the country majorly due to increasing demand for storage of processed packaged foods and beverages, as modern food retailing businesses expanded their operations in order to meet the consumer requirements. The use of containers in export shipments makes the transport and goods handling easier and faster. Additionally, the containers are designed to facilitate the carriage of goods without intermediate reloading. The cold storage segment in Thailand warehousing market captured revenue share worth ~% in the year 2017 owing to the rise in products requiring cold storage. Major selling cold storage products in Thailand include the pharmaceutical products such as vaccines and injections which have a requirement of being stored in a temperature controlled environment. Comparative Landscape in Thailand Warehousing Market The market encompasses a mix of unorganized and organized players. The companies in the country are competing with each other on the basis of the size and location of the warehouse. The location of the warehouse has to be appropriate to the needs of the customer which reduces extra cost of transportation and increases time efficiency. The other important factors which influence the choice of warehouse are technologies/automation used in the warehouses; value added services, GDP-certified temperature and humidity-controlled environment and others. Though there is high initial cost in terms of investment while adopting these technologies, players know that it will reap huge benefits in the long term in terms of competitive advantage over other players and efficiency in operations. Thailand Warehousing Market Future Outlook and Projections The key drivers behind the boost in growth rate are to be the increase in the standard of living of the Thai population causing more businesses to enter into Thai markets increasing the demand for warehousing facilities and increasing the price of warehousing in prime locations significantly. The market is forecasted to grow at a CAGR of ~% from a size of about THB ~Billion to almost THB ~Million. It is expected that approximately ~ square meters of warehouse supply will enter to the market. The future supply of warehouse has increased, especially in the areas that were affected by the government’s Eastern Economic Corridor policy (EEC) and a “Thailand 4.0” policy, such as Chonburi and Chachoengsao provinces. The secondary reason is the increase in investment towards development of lower tier cities in Thailand to make them equivalent to the current status of Bangkok which is one the most critical cities in Thailand and is the biggest individual contributor to the economy of Thailand. For more information on the research report, refer to below link: https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/thailand-warehousing-market/157171-100.html Related Reports https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/kuwait-warehousing-market/150167-100.html https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/poland-warehousing-market/149481-100.html https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/vietnam-warehousing-market/145652-100.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Sales@kenresearch.com +91-9015378249 Tags: Agricultural Warehousing Market Thailand, Captive Warehousing in Thailand, Cold Storage Market Thailand, Cold Storage Warehouses in Thailand, Container Freight Warehouses in Thailand, Domestic Warehousing Companies Thai, Government Regulations Thailand Logistics, Industrial Freight Warehousing Market Thailand, Industrial Warehouse Market Thailand, International Warehousing Companies Thailand, Major Players Thailand Warehousing, Number of Pallets Warehouse Thailand, Number of Warehousing Service Providers Thailand, Role of Warehousing in Thailand, Thailand Warehousing Competition, Thailand Warehousing Competition Scenario, Thailand Warehousing Future, Thailand Warehousing Market, Thailand Warehousing Sector, Thailand Warehousing Space, Thailand Warehousing Trends, Third Party Warehousing Market Thailand, Types of Warehouses Thailand, Warehousing Automation Market Thailand, Warehousing Capacity Thailand, Warehousing Cost in Thailand, Warehousing Demand Thailand, Warehousing Future Outlook Thailand, Warehousing Revenue Thailand, Warehousing Services in Bangkok, Warehousing Services in Thailand, Warehousing Supply Thailand, Warehousing Technologies in Thailand