with national network of strategically located warehouses and distribution centers . The sea freight segment followed road freight services in Thailand freight forwarding market in the year 2017 majorly due to increasing trade activities with FTA signatories . Ports of Laem Chabang and Bangkok are the leading seaports of Thailand and handle the majority of sea freight volume in the country , thereby offering services like cargo handling , tallying and warehousing . Other leading seaports include Chiang Saen port .
By International and Domestic Freight Forwarding
International freight forwarding accounted for majority of the revenues for overall Thailand freight forwarding market in 2017 . Free trade agreements with other nations over the period have provided significant boost to international freight forwarding sector in Thailand . On the other hand , the domestic freight forwarding segment was observed to capture the remaining share in 2017 .
By Flow Corridors
Asia flow corridor was observed to be the largest contributor in terms of revenue in Thailand freight forwarding market in the year 2017 . In accordance with International Trade Centre , Thailand ’ s import to Asia as well as export from Asia was recorded as of 2017 in comparison with other regions such as NAFTA countries , Europe , and others . The Thailand-Europe flow corridor followed Thailand-Asia with a double digit share in the year 2017 . Other major flow corridor includes the NAFTA countries which have been counted as emerging trading partners for Thailand .
Bangkok in the central region is drawing interest from a number of global investors seeking office / commercial space , retail and hospitality investment opportunities coupled with a high rise in buildings and a number of shopping centers in the city . The city is well connected with the rest of the world through air and sea routes and thereby , drawing huge foreign investments from international players to various sectors .
Competitive Landscape
The freight forwarding industry in Thailand was observed as highly fragmented with the presence of both domestic as well international freight forwarders in the country . According to the membership record of customs broker and Transport association of Thailand , there are around 1400 large scale international freight forwarders that provide all types of services including LCL , FCL and others , large scale operators exist which provide fewer services thus totaling ~ large scale international freight forwarders in the country . On the basis of revenue , major freight forwarding companies providing air freight services include - Kerry Logistics , DHL Express , CJ Express , Thai Post , DHL Post , Nikos Logistics , FedEx , TNT and UPS . Other freight