1. Market Research
  2. > Transportation
  3. > Logistics and Freight Market Trends
Thailand Freight Forwarding Market Outlook to 2022 – By Freight Movement (Sea, Road, Air and Rail Freight); By Normal and Express Delivery; By International and Domestic Freight; By International Flow Corridors and By Third Party Logistics

Thailand Freight Forwarding Market Outlook to 2022 – By Freight Movement (Sea, Road, Air and Rail Freight); By Normal and Express Delivery; By International and Domestic Freight; By International Flow Corridors and By Third Party Logistics

  • September 2018
  • 136 pages
  • ID: 5741259
  • Format: PDF
  • By Ken Research Private Limited

Summary

Table of Contents

Thailand Freight Forwarding Market Outlook to 2022 – By Freight Movement (Sea, Road, Air and Rail Freight); By Normal and Express Delivery; By International and Domestic Freight; By International Flow Corridors and By Third Party Logistics

The report titled "Thailand Freight Forwarding Market Outlook to 2022 - By Freight Movement (Sea, Road, Air and Rail Freight); By Normal and Express Delivery; By International and Domestic Freight; By International Flow Corridors and By Third Party Logistics" provides a comprehensive analysis of overall market size for freight forwarding in Thailand, segmentation by normal and express delivery, by freight movement (sea freight, road freight, air freight and rail freight), by international and domestic freight forwarding and by flow corridors (Asia Countries, NAFTA countries, European Countries and Others). The report also covers the overall competitive landscape and government role and regulations. The report concludes with market projection for future and analyst recommendations highlighting the major opportunities and cautions.

Thailand Freight Forwarding Market Overview and Size

The growth of freight forwarding in Thailand was supported by development in major industries such as manufacturing, retail, automobiles and agriculture. Expanding FMCG sector, retail sector, food and E-commerce industry in the country has attributed to the growth of the freight forwarding industry in the country. The freight forwarding industry in Thailand has grown at a five year positive CAGR in the review period 2012-2017. The Thai government’s focus on improving the sectors including infrastructure development, the restructure of the rail freight market under the transport infrastructure development strategies 2022 will see the development of the cargo transport market via railways and increase the role of rail freight, particularly in key economic zones as well as the remote areas.

Thailand Freight Forwarding Market Segmentation
By Normal and Express Delivery

The normal / standard delivery segment dominated Thailand freight forwarding market whereas the remaining revenue share was captured by the express delivery segment in the year 2017. Normal delivery services are generally preferred where there is no urgent requirement for ordered goods. In Thailand, majority of the customers prefer the cheapest form of shipping and are witnessed to wait for longer durations. Major companies operating into normal delivery includes SCG Logistics, Schenker Limited, Yusen Logistics, CEVA Logistics, Wice Logistics, Siam Shipping Agility Logistics, III Logistics and others.

By Freight Movement

The road freight segment dominated Thailand freight forwarding market in the year 2017 owing to a larger fleet of vehicles and strong cross-border trade with the ASEAN neighbors coupled with national network of strategically located warehouses and distribution centers. The sea freight segment followed road freight services in Thailand freight forwarding market in the year 2017 majorly due to increasing trade activities with FTA signatories. Ports of Laem Chabang and Bangkok are the leading seaports of Thailand and handle the majority of sea freight volume in the country, thereby offering services like cargo handling, tallying and warehousing. Other leading seaports include Chiang Saen port.

By International and Domestic Freight Forwarding

International freight forwarding accounted for majority of the revenues for overall Thailand freight forwarding market in 2017. Free trade agreements with other nations over the period have provided significant boost to international freight forwarding sector in Thailand. On the other hand, the domestic freight forwarding segment was observed to capture the remaining share in 2017.

By Flow Corridors

Asia flow corridor was observed to be the largest contributor in terms of revenue in Thailand freight forwarding market in the year 2017. In accordance with International Trade Centre, Thailand’s import to Asia as well as export from Asia was recorded as of 2017 in comparison with other regions such as NAFTA countries, Europe, and others. The Thailand-Europe flow corridor followed Thailand-Asia with a double digit share in the year 2017. Other major flow corridor includes the NAFTA countries which have been counted as emerging trading partners for Thailand.

Bangkok in the central region is drawing interest from a number of global investors seeking office / commercial space, retail and hospitality investment opportunities coupled with a high rise in buildings and a number of shopping centers in the city. The city is well connected with the rest of the world through air and sea routes and thereby, drawing huge foreign investments from international players to various sectors.

Competitive Landscape
The freight forwarding industry in Thailand was observed as highly fragmented with the presence of both domestic as well international freight forwarders in the country. According to the membership record of customs broker and Transport association of Thailand, there are around 1400 large scale international freight forwarders that provide all types of services including LCL, FCL and others, large scale operators exist which provide fewer services thus totaling ~ large scale international freight forwarders in the country. On the basis of revenue, major freight forwarding companies providing air freight services include - Kerry Logistics, DHL Express, CJ Express ,Thai Post, DHL Post, Nikos Logistics, FedEx, TNT and UPS. Other freight forwarders focusing on ocean freight / contract logistics / warehousing services include Ceva Logistics, Agility Logistics, DB Schenker and others. The China, Japan, US and EU market was witnessed to majorly contribute towards Thailand freight forwarding market.

Thailand Freight Forwarding Market Future Outlook and Projections

Thailand freight forwarding market is expected to generate significant revenues by the year ending 2022, driven by growth in both international and domestic demand, growing E-commerce industry and continuous investment by the government in development of logistics infrastructure in Thailand. The growth shown by the automobiles industry and electronics manufacturing has fuelled the economy during the tough economic period in the past few years, thus driving the demand for freight forwarding services. As the AEC blueprint 2025 is materialized on ground, the country is expected to be benefitted in a positive manner.

Key Segments Covered

By Freight Movement:

Pipelines

Railways

Road

Sea

Air

Transportation Services and Postal services & communications

By Delivery:

Normal

Express

By Freight Forwarding:

International

Domestic

By Flow Corridors:

Asian Countries

NAFTA Countries

European Countries and Others

By Companies:

International Companies

Domestic Companies

Key Target Audience

Shipping Companies

Freight Forwarders

Logistics Association

Express and E-Commerce Logistics Companies

Consulting service providers

Private Equity/ VCs/ Investment Banking Companies

Time Period Captured in the Report

2012-2017 – Historical Period

2018-2022 – Future Forecast

Companies Covered

Damco Thailand

DHLThailand

Triple I

Kerry Logistics Thailand

NCL Logistics Thailand

Nippon Express Thailand

DB Shenker

WICE Logistics

SIAM Shipping

Agility

Bangkok Freight Forwarders

Royaltainer

Axium Shipping

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Frost Radar for the Warehouse Services Provider Market in Singapore

Frost Radar for the Warehouse Services Provider Market in Singapore

  • $ 4950
  • December 2019

Warehousing accounts for 18% of the $12 trillion globally spent on logistics.Warehousing refers to the temporary storage of goods before they are distributed to the end user in the supply chain.The industry ...

Global Supply Chain Logistics Trends and Challenges and Their Implications on CVs, 2018–2025

Global Supply Chain Logistics Trends and Challenges and Their Implications on CVs, 2018–2025

  • $ 4950
  • October 2019

The logistics industry is inundated with challenges which have given rise to disruptive technologies to overcome them.Key challenges faced by the supply chain logistics industry are: (1) Increasing carbon ...

Fighting the Rising Costs of eCommerce with Optimized Shipping and Fulfillment

Fighting the Rising Costs of eCommerce with Optimized Shipping and Fulfillment

  • $ 4500
  • December 2019

This IDC Perspective addresses the rising costs that are accruing for retailers, brands, and manufacturers as a result of the rise in ecommerce, which is amplified during Black Friday, Cyber Monday, and ...

Transport and Storage in China $ 660 December 2019


ref:plp2018

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on