Table of Contents
Executive Analysis of Thailand Logistics Industry : Economic Integration in ASEAN Drives Market Growth
As trade expansion and inflows of foreign capital quicken the pace of Thailand’s economic growth, the country’s logistics industry is establishing itself as a crucial contributor to national competitiveness, thereby bringing with it associated economic multipliers. This research provides insights into how regional developments, new trends, and key drivers and restraints will impact industry volume in Thailand and the various market scenarios likely to develop in the course of the year. It also provides the implications of the ASEAN Economic Community and the new opportunities that are expected to transform the logistics landscape of Thailand.
-Transportation and storage sector contributed $ billion, which was % of the GDP in 2014.
-Freight volume compound annual growth rate (CAGR) is estimated at % for the period 2010 to 2015. Sea freight contributed about % of the total freight in 2014.
- A linked transport network within ASEAN will improve transport accessibility and many opportunities will arise with the development of the ASEAN Economic Community (AEC).
-Based on the new National Economic and Social Development Board (NESDB) and Board of Investment (BOI) policies, five industries are expected to benefit: automotive, logistics, food and agriculture, FMCG, and medical services.
Get Industry Insights. Simply.
Talk to Ahmad
+1 718 618 4302
“The evolution of connected vehicles and increasing logistics transparency across the globe and the increasing adoption of connected and intelligent devices are some of the factors expected to drive ...
Hong Kong, with a GDP worth US$274 billion, once an exploited British colony, is today one of the most prosperous countries in the world. Its market is considered one of the freest in the world. Today, ...
The global Third Party Logistics (3PL) market is expected to reach USD 1.24 trillion by 2025, according to a new report by Grand View Research, Inc. The increasing outsourced-logistics functions availed ...