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Food & Grocery Retailing in Thailand, Market Shares, Summary and Forecasts to 2021

Food & Grocery Retailing in Thailand, Market Shares, Summary and Forecasts to 2021

  • December 2017
  • 53 pages
  • ID: 5363287
In this report:
Furthermore, health & beauty is expected to witness the fastest growth with a CAGR of ##.##% during 2016-2021.
On the other hand, convenience stores are expected to increase rapidly, especially in urban areas, as the top retailers are planning to expand their store count in the next five years.
Despite registering a low value share of ##.##% in 2016, online sales in Thailand are expected to witness the fastest growth during 2016-2021 with a CAGR of ##.##%.

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Food & Grocery Retailing in Thailand, Market Shares, Summary and Forecasts to 2021

Brief

"Food & Grocery Retailing in Thailand (TH), Market Shares, Summary and Projections to 2021", offers info for historic and forecast retail sales, and also includes info on the business environment and country risk related to Thailand retail environment. Additionally, it examines the top consumer trends influencing Thailand food and grocery retail industry.

Food and grocery products are the most important component of household spending in Thailand (TH), and food & grocery was the dominant sector in the country's retail industry. In 2016, the sector registered sales of ?2,496.9 billion and commanded a market share of 59.50 percent of global sales in 2016. With growing disposable income and changing lifestyles, Thai consumers are increasingly demanding high quality food products. Food and drinks specialists was the dominant distribution channel in the food & grocery sector and accounted for a share of 45.0 percent in 2016. Moreover, it is expected to register a compound annual growth rate (CAGR) of 3.40 percent during 2016-2021. The food & grocery sector in Thailand (TH) was moderately fragmented with the best 10 retailers accounting for a market share of 28.60 percent in 2016.

Why purchasing this study can help you?

- In-depth analysis of the recent trends in consumer shopping, covering the factors driving shopping, consumer insights, market forces

- The report also details main retailers in Food & Grocery category group with their product proposition analysis and market positioning in 2016 along with new main developments

- Market insights established on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors

- Retail sales and the quickest-rising product categories in Food & Grocery sector

- Qualitative and quantitative insights of changing retail dynamics in Food & Grocery sector

Overview

- Popularity of e-commerce and social media increasing quickly among Thai consumers

- Urban consumers are main contributors to the growth of the sector

- Specialist retailers is most preferred distribution channel

- 7-Eleven is the biggest retailer in the food & grocery sector

- Frequent visits for fresh food to drive sales at convenience stores

Great reasons to purchase

- Gain a exhaustive knowledge on food and grocery sector in the Thailand retail market and develop a challenging advantage from the start of your supply chain

- Investigate current and forecast behavior trends in food and grocery category to recognize the best opportunities to exploit

- Analysis of top worldwide and domestic players operating in the food and grocery market

- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, main consumer and technology trends influencing the food and grocery market

- Analyze the recommended actions to align your marketing strategies with the important trends influencing consumer behavior

- Comprehend the quickest-increasing categories in the sector with business insights on the performance of individual product categories, across top channels from 2011, with estimations until 2021

- Analysis of main worldwide and domestic players operating in Thailand retail market - including store counts and revenues that give you a ambitious edge and analyze alternatives to improve your market share.

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