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Industry Outlook 2019-2021: Modern Trade

Industry Outlook 2023-2025: Modern Trade

Industry Outlook 2021-2023: Modern Trade

The modern trade industry can look forward to average annual growth of 5.0-5.5% over 2024 to 2026. Expansion will be driven by: (i) growth in the economy ; ii)(ii) the continuing rebound in the tourism sector; iii) ; (iii) progress on government-backed infrastructure megaprojects and the drafting of new planning regulations for Bangkok,

Updated the key Industry Indicator: Modern Trade in each industry.By Narin Tunpaiboon

Updated the key Industry Indicator: Modern Trade in each industry.By Narin Tunpaiboon

In 2026, modern retail businesses are facing pressure from a slowing Thai economy, which is weighing on purchasing power amid ongoing global uncertainties. As a result, middle- to lower-income consumers are increasingly prioritizing essential goods

Modern retail business It is part of wholesale and retail activity, valued at 2.6 trillion baht in 2018, an 8.5% increase from 2017

Sales of ready-to-eat food will increase through 2022-2024. The domestic market, the main source of income for the industry, will be buoyed by sales of instant noodles, as weak spending power encourages consumers to turn to low-cost foods. Sales of chilled and frozen food are also expected to rise with the spread of modern trade outlets, of which are the main distribution channel. In addition, ongoing urbanization is also encouraging consumers to adopt lifestyles that place a greater premium on convenience and speed, which will naturally translate into stronger sales of ready-to-eat meals.