Based on the forecasted data, the import volume of illuminated signs and illuminated nameplates to Thailand is anticipated to show a steady increase from 2024 to 2028. The year-on-year growth trends project slight incremental increases, with the volume rising from 611.36 thousand kilograms in 2024 to 621.44 thousand kilograms in 2028. In 2023, the import volume stood at 608.76 thousand kilograms, reflecting a consistent upward trajectory when reviewing the year-over-year data.
Year-on-year variations from 2024 to 2028 are subtle but positive:
• 2024 to 2025: +0.43%
• 2025 to 2026: +0.41%
• 2026 to 2027: +0.40%
• 2027 to 2028: +0.40%
Over a longer horizon, the compound annual growth rate (CAGR) from 2023 to 2028 stands at approximately 0.41%, demonstrating a gradual yet steady increase in import volume.
Future trends to watch for include technological advancements in illuminated signage that may drive higher demand, policy changes affecting import regulations, and potential shifts in domestic production capacity, which could influence import volumes.
