The retail market in Thailand and is poised to grow by close to USD 58 bn during 2019-2023, progressing at a CAGR of almost 7% during the forecast period.
The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increase in tourist arrivals has been instrumental in driving the growth of the market.
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