Thailand Industry Reports

Thailand has a long-established reputation for being the “kitchen of the world”, with its food and beverage producers reaching consumers worldwide. Thailand is Asia’s second-largest net food exporter. The country ...

Thailand has a fragmented insurance sector, with approximately 80 licensed insurers active in the market. Despite the numerous market players, insurance penetration in Thailand remains low at 5.4% of GDP in 2020, significantly lower than ...

Thailand’s oil and gas sector benefits from the country’s strong economic fundamentals as energy is crucial in sustaining the growth momentum of the country. As consumption is expected to ramp up, the depletion ...

Thailand's Agriculture, Hunting, Forestry and Fishing sector accounted for 8% of the GDP, growing 1.6% y/y, in 2019. The sector accounted for 33.7% of Thailand’s total employment in 2019. Agricultural land claimed some 47% of the ...

In October 2018, the government launched Thailand 4.0 to transform the country into a digital economy. This has proven to be beneficial for the ICT sector as it remains one of the fundamental drivers of digitalisation. ...

Thailand is the third-largest power producer and consumer in ASEAN. The electric power sector takes 2.6% of the Thai economy, and contributes to about 0.3% of the overall employment. At the same time, the power sector is an important ...

The SEA region has had an admirable record in improving its record against infectious diseases over the nearly three decades from 1990 to 2019. The region’s rapid economic growth relative to the rest of the world has contributed to ...

Although Thailand’s pharmaceuticals and healthcare sector has developed considerably over the past few decades, there is still considerable runway for further growth. Thailand stands out amongst emerging market countries for offering universal ...

Thailand is the largest producer of four-wheel vehicles in the ASEAN region and the 11th largest vehicle producer in the world. Additionally, the Thai four-wheel vehicle market is the second-largest in ASEAN and the 17th-largest market in ...

Thailand’s population has generally enjoyed the fruits of increased wealth over the past few decades. The incidence of poverty has considerably diminished from more than 60% in 1988 to less than 10% by 2018. According to the Boston ...