Thailand Retail Report Q2 2016

Thailand Retail Report Q2 2016

BMI View: Thailand's retail industry will benefit in the medium term from increasing urbanisation andrising incomes, which will support a growing demand for luxury and non-essential retail products, mostly inthe capital, Bangkok. However, the country will remain deeply divided in terms of incomes, with a largeproportion of rural dwellers still on low incomes, limiting scope for retailers to expand. Thailand,particularly Bangkok, has a thriving retail environment, with a large number of retailers, both domestic andinternational active in the market. The mass grocery retail, department store and shopping mall segmentsare particularly well developed.

Key Developments And BMI Forecasts

Global furniture and accessories retailer IKEA began constructing its second Thai store, like the first, inBangkok, in February 2016.

We forecast that the Thai population will increase from 68.1mn in 2016 to 68.6mn by 2020. However, thepopulation is ageing, with the younger demographics set to decline steadily, which is bad news forretailers who are seeking to target aspirational consumers with higher incomes.

BMI Industry View
Industry Forecast
Headline Retail Forecast
Table: Total Household Spending (Thailand 2013-2020)
Table: Retail Sector Spending, % Of Total (Thailand 2013-2020)
Table: Retail Sector Spending, % Of GDP (Thailand 2013-2020)
Table: Headline Retail Sector Spending (Thailand 2013-2020)
Retail Sector Forecast
Food, Drink And Tobacco
Table: Food, Drink And Tobacco Spending (Thailand 2013-2020)
Clothing And Footwear
Table: Clothing And Footwear Spending (Thailand 2013-2020)
Household Goods
Table: Household Goods Spending (Thailand 2013-2020)
Table: Consumer Electronics Spending (Thailand 2013-2020)
Personal Care
Table: Personal Care Spending (Thailand 2013-2020)
Household Numbers And Income Forecast
Table: Household Income Data (Thailand 2013-2020)
Table: Labour Market Data (Thailand 2013-2020)
Demographic Forecast
Table: Total Population (Thailand 2013-2020)
Table: Population: Babies (Thailand 2013-2020)
Table: Population: Young Children (Thailand 2013-2020)
Table: Population: Children (Thailand 2013-2020)
Table: Population: Young Teens And Older Children (Thailand 2013-2020)
Table: Population: Young People (Thailand 2013-2020)
Table: Population: Older Teenagers (Thailand 2013-2020)
Table: Population: 21 Years-Plus(Thailand 2013-2020)
Table: Population: Young Adults (Thailand 2013-2020)
Table: Population: Middle Aged (Thailand 2013-2020)
Table: Population: Urban And Rural (Thailand 2013-2020)
Industry Risk/Reward Index
Asia Risk/Reward Index
Table: Asia Pacific Retail Risk/Reward Index, Q216
Industry Risk/Reward Index
Market Overview
Competitive Landscape
Clothing And Footwear
Table: Selected Clothing And Footwear Retailers
Household Goods
Table: Selecetd Household Goods, Homeware And Home Improvement Retailers
Table: Selected Electronics Retailers
Pharmacies And Drugstores
Table: Selected Pharmacies And Drugstores
Department Stores
Table: Selected Department Stores
E-Commerce And Online Marketplaces
Table: Selected E-Commerce And Online Marketplaces
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: Retail Risk/Reward Index Indicators
Table: Weighting Of Indicators

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