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NEW YORK, Feb. 18, 2022 /PRNewswire/ — The Logistics Market Share in Thailand is expected to increase by USD 18.89 billion from 2021 to 2026, at an accelerated CAGR of 4.95%, according to the recent market study by Technavio.
Segmentation by End-user (In-Scope/Out-of-Scope)
- In-Scope:
- Manufacturing:
The logistics market share growth in Thailand by the manufacturing segment will be significant during the forecast period. The growing manufacturers’ need to increase productivity is the major factor driving the adoption of industrial robots into their business process to manage logistics on the work floor, which is expected to positively impact the segment in focus during the same period.
- Out-of-Scope:
- Automotive
- Retail
- Healthcare
- Others
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Moreover, the report also provides Value Chain Analysis which helps companies gain a competitive advantage in the market. The Value Chain of the Logistics Market in Thailand includes the following core components:
- Inputs
- Operations
- Marketing and sales
- Service
- Support activities
- Innovation
Highlights-
- Segmentation- The report extensively covers market segmentation by End-user (manufacturing, automotive, retail, healthcare, and others) and Function (transportation, inventory holding, and administration)
- Key Companies- CMA CGM Group, Deutsche Post AG, Kerry Logistics Network Ltd., MON Logistics Group Co. Ltd., SCG Logistics Management Co. Ltd., Schenker AG, Unithai Group, WICE Logistics Public Company Ltd., Yamato Unyu, and YUSEN LOGISTICS CO .LTD. among others
- Driver- Growing e-commerce to drive the market.
- Challenge– Increased lead time and supply-demand imbalance to hamper the market growth
Download FREE Sample: for more additional information about the Logistics Market in Thailand
Vendor Insights-
The logistics market in Thailand is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
- CMA CGM Group- The company offers a one-stop logistical shop that includes transportation, customs clearance, onsite handling and storage.
- Deutsche Post AG- The company offers a wide range of logistic solutions such as green logistics, integrated logistics and many more.
- Kerry Logistics Network Ltd.- The company offers integrated logistics such as warehousing and distribution, value-added services and logistics facilities.
Find additional highlights on the vendors and their product offerings. Download Free Sample Report
Learn More about Key Driver & Challenge of the Market-
- Logistics Market in Thailand Driver:
- Growing e-commerce:
As the incomes of Association of Southeast Asian Nations…
Full story available on Benzinga.com
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