Thailand Retail Report - Business Monitor International - Industry Reports

Thailand Retail Report

Thailand Retail Report - Business Monitor International - Industry Reports
Thailand Retail Report
Published Sep 03, 2016
63 pages — Published Sep 03, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

BMI View: After a difficult ----, Thailand s economy is starting to recover, supported by large public spending on infrastructure projects and flourishing tourism sector. While political instability remains a constant risk, especially with the much revered King Bhumibol being in poor health, the retail sector has proven its resilience and ability to rebound strongly after political crises in the past. ...While political instability remains a constant risk, especially with the much revered King Bhumibol being in poor health, the retail sector has proven its resilience and ability to rebound strongly after political crises in the past. In the meantime, we do not expect major changes in household spending distribution among different product/service categories over the coming year, but we note that constantly rising incomes will enable consumers to afford higher- value purchases across the board. In the meantime, we do not expect major changes in household spending distribution among different product/service categories over the coming year, but we note that constantly rising incomes will enable consumers to afford higher- value purchases across the board.

...� Business Monitor International Ltd Page - SWOT Analysis - Continued Rising incomes will mean that a significant majority of households will have a net income of more than USD-,--- a year by ----, creating opportunities for budget retailers to expand across the country. Rising incomes further up the scale will also create opportunities, particularly in Bangkok, for retailers of luxury and non-essential items. ...� Business Monitor International Ltd Page - SWOT Analysis - Continued Rising incomes will mean that a significant majority of households will have a net income of more than USD-,--- a year by ----, creating opportunities for budget retailers to expand across the country. Rising incomes further up the scale will also create opportunities, particularly in Bangkok, for retailers of luxury and non-essential items. The essentials segment of food and drink spending will continue to take the lion s share of retail spending. The creation of the ASEAN Economic Community is forecast to increase cross-border shopping opportunities, benefiting Thailand s border areas. As increasing numbers of Thais move to urban areas, and as the service industry grows, the amount of spending on personal care and effects products is set to grow significantly.

...Although the population is growing, key target demographics for retailers, particularly young, aspirational adults, are declining. Almost -- of Thais still live in rural areas, where incomes tend to be lower and there are fewer opportunities for modern retailers. ...Almost -- of Thais still live in rural areas, where incomes tend to be lower and there are fewer opportunities for modern retailers. By ---- some -- of households will still have net incomes of less than USD--,--- a year, meaning that retail purchases for many will remain restricted to essential and budget items. Uncertainty about Thailand s political trajectory and when the country will return to democracy is putting some investors off. ...

  
Source:
Document ID
2058-6442
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Thailand Retail Report" Sep 03, 2016. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Thailand-Retail-Report-2026-1736>
  
APA:
Business Monitor International - Industry Reports. (2016). Thailand Retail Report Sep 03, 2016. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Thailand-Retail-Report-2026-1736>
  
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