Market Research Reports - Ken Research Thailand Warehousing Market Outlook to 2022 | Page 2

By End User
The need for specialized care with an increase in standard of living of the urban population has
made the FMCG sector the highest end user in the warehousing industry in the year 2017. The
second major sector major sector which contributed to the warehousing demand 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 contribute a sizeable
proportion. 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 remaining share to the Warehousing industry in Thailand.
By Business Model
The industrial/retail freight segment dominated overall Thailand warehousing market with a
massive revenue share of in the year 2017. Container freight followed industrial / retail with in
the year 2017. 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.
3PL (Third Party Logistics) make up the primary warehousing services market contributing the
largest share to the warehousing market.
Comparative Landscape in Thailand Warehousing Market
The warehousing companies in Thailand were observed to compete 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 end user needs which reduces extra cost of transportation and increases
time efficiency. 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.
Thailand Warehousing Market Future Outlook and Projections
Thailand warehousing market is expected to drive demand for more