Market Research Reports - Ken Research Thailand Logistics and Warehousing Market Outlook | Page 2

sector, retail sector, and food and E-commerce industry in the country which has attributed to
the extraordinary growth of the freight forwarding industry in the country. In Thailand, road
transport has dominated the overall freight forwarding industry which has accounted for
maximum revenue share in the overall logistics market during 2017, followed by air, sea,
pipeline and railway transport, respectively.
Thailand Express Logistics Market
The express logistics market in Thailand was evaluated to show a positive CAGR in 2017. The
industry is known for providing complete end to end solutions for all the logistics needs right
from packaging to delivery, sorting, storage, clearance and payment of duties as well. The
delivery time for a standard package to be delivered via express logistics usually ranges
between 24 to 72 hours. Express mail services are available throughout Thailand, and
represented by all major express delivery firms such as DHL Express, Kerry Express and CJ
Express. Other postal services include Nikos Logistics, FedEx, UPS and TNT. Kerry Logistics is the
largest player offering logistics services to Greater China and the ASEAN region. Express delivery
is majorly used by B2B and B2C clients.
Thailand E-Commerce Logistics Market
Thailand is the leading country in terms of e-commerce development within Asia-Pacific region
and has seen significant boom over the past few years. The industry is at a nascent stage and is
expected to enhance further in the coming years. Thailand E-commerce logistics market
showed positive growth during 2017. Market is shared by international giants like Alibaba and
also regional contenders like Singapore based Shopee Thailand; Korea based Lazada Thailand,
11Street Thailand and others. Besides this, there are numerous other small players operating in
the e-commerce marketplace and e-commerce logistics operators for their support. Growing E-
commerce activities has led to high frequency of large scale deliveries across provinces,
therefore giving growth to logistics services specific for e-commerce activities in Thailand.
Thailand Warehousing Market
The warehousing market of Thailand has grown slowly over the last 5 years exhibiting a single
digit CAGR for the 5 year period between 2012 and 2017. Thailand has witnessed significant
ecommerce boom over the past five years. The e-commerce boom combined with customer
demand for same-day and next-day delivery has obligated e-commerce companies and their
logistics associates to streamline their warehousing needs. In Bangkok, e-commerce
warehousing hub is located in and around Bang Na-Trat Road from between 15-23 km.
Comparative Landscape in Thailand Logistics and Warehousing Market