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Business conditions should improve slightly in the retail rentals sector through 2022, though growth will be limited by the impact on consumer purchasing power of surging inflation and the rising cost of living. In addition, although the reopening of the country to foreign arrivals is helping the tourism sector to recover, at present this remains insufficient to have a major impact on retailers in areas that are dependent on tourist spending especially those in the downtown and tourist areas. Nevertheless, the situation will improve over 2023 and 2024 as economic recovery and a continuing rebound in tourism feeds into stronger private consumption, and progress on the build out of infrastructure helps to spur greater investment in new retail space.

The retail rental market is expected to gradually recover from 2025 to 2027. This recovery will be driven by a slow rebound in consumer purchasing power due to a weakening domestic economic outlook impacted by ongoing escalation of global trade tensions. Nevertheless, well-designed sites in high-potential downtown locations that are popular with tourists and that serve office workers in the CBD will continue to see steady demand

The retail rental market is expected to gradually recover from 2025 to 2027. This recovery will be driven by a slow rebound in consumer purchasing power due to a weakening domestic economic outlook impacted by ongoing escalation of global trade tensions. Nevertheless, well-designed sites in high-potential downtown locations that are popular with tourists and that serve office workers in the CBD will continue to see steady demand

The retail rental market is expected to gradually recover from 2025 to 2027. This recovery will be driven by a slow rebound in consumer purchasing power due to a weakening domestic economic outlook impacted by ongoing escalation of global trade tensions. Nevertheless, well-designed sites in high-potential downtown locations that are popular with tourists and that serve office workers in the CBD will continue to see steady demand

The market for retail space in the Bangkok Metropolitan Region will remain flat or possibly weaken slightly from the position last year as it struggles against:

Retail and wholesale, including Modern retailers are Reducing dependence on wholesalers Entrepreneurs are often large capitalists with many branch networks

Updated the key Industry Indicator: Retail Space in BMR in each industry.By Patchara Klinchuanchun

Business of retail space for rent in Bangkok And metropolitan areas during 2019-2021 are likely to grow in line with d

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