Thailand Warehousing Market Outlook to 2022: Ken Research


The report titled “Thailand Warehousing Market Outlook to 2022 – By Business Model (Industrial / Retail Freight, Container Freight, Cold Storage, Agriculture and Others), By End Users (FMCG, Automotives, Electronics and Others; By Regional Landscape and By Third Party Warehousing” provides a comprehensive analysis of warehousing services in Thailand. The report focuses on number of warehouses, warehousing capacity, warehousing revenue, market segmentation by regions (Samutprakarn, Chonburi, Ayutthaya, Bangkok and Others); by end user (FMCG, Automotives, Electronics and Others); by business model (Industrial/ Retail freight, Container freight, Cold storage, Agriculture and Others); by regional landscape and by type of ownership (Company owned/ 3PL).The report also covers the overall comparative landscape in Thailand warehousing market. The report concludes with market projection for future and analyst recommendations highlighting the major opportunities and cautions.

Thailand Warehousing MarketThailand Warehousing Market Overview and Size

Warehouses operating in Thailand are not just simply storage spaces, but instead host multiple value-adding processes, like just-in-time packaging, assembly, product customization and others. In terms of revenue generation, the warehousing market in Thailand has increased at a single digit CAGR during 2012-2017. Over the past few years, rapid retail market developments have been evident in Thailand with a continuous increase in organized retail or modern shopping across the country. Raising standard of living of the Thai population and sizeable young population coupled with flourishing tourism in Thailand has attracted a host of international brands, thus driving the demand for warehousing services in the country. “Just-in-Time” and “Just-in-Case” manufacturing processes are trending across global warehousing industry including Thailand with a purpose of eliminating waste and inconsistencies which are hampering with overall productivity.

Thailand Warehousing Market Segmentation

By Number of Warehouses

Samutprakarn province remains the most popular location for logistic service providers mainly because it is located not far from Bangkok, the capital city of Thailand, and the Suvarnabhumi Airport. Chonburi, which is a growing industrial and commercial district rich in coastal lines, takes the second highest amount of warehouse area in Thailand. This is mainly due to the lower rates for warehousing compared to the city of Bangkok and the convenient location of the city. Other cities such as Ayutthaya, Bangkok, Chachoengsao and others collectively represented the remaining share of warehouses in the country. Groups like JWD, WHA and Ticon are some of the major players in the warehousing market of Thailand.

By End User

The need for specialized care with an increase in standard of living of the urban population has made the FMCG sector the highest end user in the warehousing industry in the year 2017. The second major sector major sector which contributed to the warehousing demand is automotive. The growth in the number of passenger vehicles has led to an increased demand for vehicle parts and service equipment leading to the automotive sector contribute a sizeable proportion. The electronics sector takes the next highest market share as the demand for high grade electrical and electronic equipment is constantly on the rise in developing countries. Remaining sectors varied from textiles to consumer durables to pharmaceuticals cumulatively contributing remaining share to the Warehousing industry in Thailand.

By Business Model

The industrial/retail freight segment dominated overall Thailand warehousing market with a massive revenue share of in the year 2017. Container freight followed industrial / retail with in the year 2017. The use of containers in export shipments makes the transport and goods handling easier and faster. Additionally, the containers are designed to facilitate the carriage of goods without intermediate reloading.

3PL (Third Party Logistics) make up the primary warehousing services market contributing the largest share to the warehousing market.

Comparative Landscape in Thailand Warehousing Market

The warehousing companies in Thailand were observed to compete with each other on the basis of the size and location of the warehouse. The location of the warehouse has to be appropriate to the end user needs which reduces extra cost of transportation and increases time efficiency. Other important factors which influence the choice of warehouse are technologies/automation used in the warehouses; value added services, GDP-certified temperature and humidity-controlled environment and others.

Thailand Warehousing Market Future Outlook and Projections

Thailand warehousing market is expected to drive demand for more warehousing capacity in near future on account of rising production in the country. The market is forecasted to grow at a single digit CAGR during 2018-2022 driven by growth in end user industry which constantly have the demand for warehousing facilities. The price of warehousing in prime locations will rise significantly.  It is expected that lower amount of warehouse supply will enter to the market. The future supply of warehouse will increase, especially in the areas such as Chonburi and Chachoengsao provinces that were affected by the government’s Eastern Economic Corridor policy (EEC) and “Thailand 4.0” a policy, .

Key Segments Covered

By Regions

  • Samutprakarn
  • Chonburi
  • Ayutthaya
  • Bangkok

By Business Model:

  • Industrial / Retail Freight
  • Container Freight
  • Cold Storage
  • Agriculture and Others

By End Use

  • Fast Moving Consumer Goods (FMCG)
  • Automotive
  • Electronics

By Type of Ownership

  • 3PL
  • Owned

Key Target Audience

  • Warehousing Companies
  • Warehousing Contractors
  • Warehousing Technology Companies
  • Logistics Association
  • 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:

  • JWD Group
  • Ticon Group
  • WHA Group
  • Triple I Logistics
  • Agility Logistics
  • DB Schenker
  • Yusen Logistics
  • Kuehne + Nagel
  • Siam Shipping
  • Siam Nistrans
  • Eagles Thai
  • CEVA Logistics
  • Menlo Logistics
  • JSI Logistics

Key Topics Covered in the Report:

  • Executive Summary
  • Research Methodology
  • Thailand Warehousing Market Introduction
  • Value Chain Analysis in Thailand Warehousing Market
  • Thailand Warehousing Market Size, 2012-2017
  • Thailand Warehousing Market Segmentation, 2017
  • Regulatory Framework in Thailand Warehousing Market
  • Comparative Landscape in Thailand Warehousing Market
  • Thailand Warehousing Market Future Outlook and Projections, 2018-2022
  • Analyst Recommendations in Thailand Warehousing Market

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