Thailand Express Delivery and E-Commerce Logistics Market: Ken Research

0


Thailand E-Commerce Logistics Market Segmentation

By Channel

3PL companies in Thailand E-Commerce Logistics Market have dominated E-commerce logistics market with the share of ~% in terms of number of orders received during 2017. Some of the major 3PL companies include Kerry Logistics, DHL, CJ Logistics and others which provide end to end services i.e. from securing inventory in a warehouse to transporting goods from one place to another. E-commerce merchants via their in-house logistics team captured the remaining market share of ~% in terms of number of orders in the year 2017. Major Major E-commerce companies in Thailand include Lazada Thailand, Shopee, 11Street and JIB which have their own well established distribution channel in the country.

Thailand, average ecommerce order size is found to be around ~ USD; thereby companies here go the extra-mile for fast delivery. Growing expectations of consumers towards fast shipping from e-retailers has led to rise of same-day delivery option in Thailand. The segment captured a market share of ~%, thus evaluated at ~ million orders in Thailand E-commerce logistics market in the year 2017.  The 2 day delivery segment also known as the standard delivery segment, followed with a market share of ~% in terms of number of orders, thus evaluated at THB ~ million in Thailand E-commerce logistics market in 2017.

By Speed of Delivery

The 1 day delivery, commonly known as express delivery segment was observed to be chosen as the most preferred shipping choice for Thailand’s digital buyers owing to the rise in availability for free shipping among many e-retailers in the country and e-logistics service providers.

Thailand, average ecommerce order size is found to be around ~ USD; thereby companies here go the extra-mile for fast delivery. Growing expectations of consumers towards fast shipping from e-retailers has led to rise of same-day delivery option in Thailand. The segment captured a market share of ~%, thus evaluated at ~ million orders in Thailand E-commerce logistics market in the year 2017.  The 2 day delivery segment also known as the standard delivery segment, followed with a market share of ~% in terms of number of orders, thus evaluated at THB ~ million in Thailand E-commerce logistics market in 2017.

By Payment Method

The Cash on Delivery (COD) segment established itself as market leader in Thailand E-commerce logistics market with a massive revenue share of ~% in the year 2017. COD remains the dominant means of payment method accepted by merchants in the country owing to low consumer confidence in online payments and limited card penetration.  Thai consumers appreciate the simplicity and value of COD, which comes without additional charges.

Other payment modes such as bank transfers, payment cards, e-wallets and scratch cards collectively captured the remaining share ~% in Thailand E-commerce logistics market in 2017.

By Area of Delivery

The intra-city segment within Thailand E-commerce logistics market established itself as market leader with a massive market share of ~% in terms of number of orders, thus evaluated at ~ million orders in the year 2017. The reason for the capture of the E-commerce logistics market has been the growing number of investments in the intra-city logistics sector and launch of logistics firms like Ninja Van, Lalamove, Skootar, Alpha, SCG Express and Others.

The intercity segment within Thailand E-commerce logistics market accounts for USD ~ million worth of deliveries and account for the rest ~% of the market.

Comparative Landscape in Thailand E-Commerce Logistics Market

The E-commerce logistics market in Thailand was observed to highly concentrate with the presence of major players such as Kerry Logistics, DHL, CJ Express, SK Logistics, Shippop, aCommerce, FedEx, TNT and Others in the year 2017. These logistics companies in Thailand compete on the basis of shipping points, coverage area, delivery boys, prices, payment collection methods and associations with E-commerce merchants.

The e-commerce logistics companies either have their own fleet of shippers or have employees act as shippers or outsource the delivery aspect to a third party. Since the E-commerce business environment has become more dynamic and competitive, the companies tend to demand better logistics services which are flexible and cost effective in nature. The e-commerce logistics companies either have their own fleet of shippers or have employees act as shippers or outsource the delivery aspect to a third party.

Thailand E-Commerce Logistics Market Future Outlook and Projections

Over the forecast period, Thailand E-commerce logistics market is expected to drive demand from rising E-commerce spending especially by a young, smart phone addicted and incredibly internet-savvy millennial group which has prompted E-commerce platforms in Thailand to alter strategies to cater to the younger generation. The Thailand 4.0 policy vision promises to be a huge boost for the economy turning the Thai economy into an innovation driven enterprise. This will not only drive the demand for smart machines and better connectivity but also expand the market of ecommerce and hence e-logistics in Thailand. Online shoppers in Thailand expect their delivery experience to be convenient, intuitive and seamless. Likewise, e-tailers want to be able to sync their orders from click to delivery, tracking shipments on their mobiles and, able to inform and update customers about the delivery progress. Thailand E-commerce logistics market is expected to generate revenues worth THB ~ billion in 2018 to THB ~ billion by the year ending 2022, thus growing at a CAGR of ~% in the forecast period 2018-2022.

For more information on the research report, refer to below link:

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/thailand-express-delivery-ecommerce-logistics-market-forecast-2022/154989-100.html

Related Reports

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/indonesia-logistics-warehousing-market/142316-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/malaysia-logistics-market-research-report/142315-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/qatar-logistics-warehousing-market-report/87939-100.html

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91 9015378249

Share.

Comments are closed.