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Consumer goods and services
Consumer Goods & Retail is the largest services sector, providing the necessary link between producers and final consumers. The sector has a major socio-economic role, being among the biggest employment generators and contributors to economic growth. It is highly heterogeneous, using a variety of formats and channels to meet the needs of the more sophisticated global consumer. In today’s digital era, the increasing penetration of everyday life by information and communications technologies is reshaping the purchase decision process. This promotes the rapid development of online retail solutions that enhance customer retention and create tailor-made experience through both digital and mobile platforms.
Activities associated with Consumer Goods & Retail are the manufacturing and retailing of goods intended for everyday use by end consumers. Examples include food, textile products, apparel and footwear, household goods, furniture, hygiene and personal care products, jewellery, toys and sporting goods. It also covers all retail channels, from traditional supermarkets and specialised stores to non-store retailers such as e-stores, mail-order houses and direct selling establishments. Retail sale of fuels and vehicles is also included in this sector.
Thailand is the largest producer of four-wheel vehicles in the ASEAN region and the second-biggest market in the region. The strength of the industry lies in the long-standing presence of Japanese motor vehicle manufacturers, which have achieved a ...
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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 ...
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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 ...
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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 ...
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The Asian region is home to some of the world’s biggest automotive brands, which has eventually resulted in the birth of local brands in some of the countries. The Asian countries featured in this report – China, India, Thailand ...
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In 2018, Thailand was the largest producer of four-wheel vehicles in the ASEAN region and the 12th largest vehicle producer and market in the world. The country’s four-wheel vehicle market was the second-largest in ASEAN in that year. The ...
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The last few years have been tumultuous for Thailand, with political unrest, droughts, floods, and high household indebtedness threatening to derail the growth of the consumer goods and retail sector. Yet, the sector has continued to grow throughout ...
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The Thai retail sector is highly dynamic. Over the past years, modern retailing has almost supplanted traditional retail as the preferred way for Thai consumers to purchase their goods. The convenience store retail format is particularly popular in ...
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