Market Research Reports - Ken Research Thailand Warehousing Market Outlook to 2022

Thailand Warehousing Market Outlook to 2022: Ken Research The report titled “Thailand Warehousing Market Outlook to 2022 – By Business Model (Industrial / Retail Freight, Container Freight, Cold Storage, Agriculture and Others), By End Users (FMCG, Automotives, Electronics and Others; By Regional Landscape and By Third Party Warehousing” provides a comprehensive analysis of warehousing services in Thailand. The report focuses on number of warehouses, warehousing capacity, warehousing revenue, market segmentation by regions (Samutprakarn, Chonburi, Ayutthaya, Bangkok and Others); by end user (FMCG, Automotives, Electronics and Others); by business model (Industrial/ Retail freight, Container freight, Cold storage, Agriculture and Others); by regional landscape and by type of ownership (Company owned/ 3PL).The report also covers the overall comparative landscape in Thailand warehousing market. The report concludes with market projection for future and analyst recommendations highlighting the major opportunities and cautions. Thailand Warehousing Market Overview and Size 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 terms of revenue generation, the warehousing market in Thailand has increased at a single digit CAGR during 2012-2017. Over the past few years, rapid retail market developments have been evident in Thailand with a continuous increase in organized retail or modern shopping across the country. Raising standard of living of the Thai population 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. “Just-in- Time” and “Just-in-Case” manufacturing processes are trending across global warehousing industry including Thailand with a purpose of eliminating waste and inconsistencies which are hampering with overall productivity. Thailand Warehousing Market Segmentation By Number of Warehouses Samutprakarn province remains the most popular location for logistic service providers mainly because it is located not far from Bangkok, the capital city of Thailand, and the Suvarnabhumi Airport. Chonburi, which is a growing industrial and commercial district rich in coastal lines, takes the second highest amount of warehouse area in Thailand. This is mainly due to the lower rates for warehousing compared to the city of Bangkok and the convenient location of the city. Other cities such as Ayutthaya, Bangkok, Chachoengsao and others collectively represented the remaining share of warehouses in the country. Groups like JWD, WHA and Ticon are some of the major players in the warehousing market of Thailand.