Product Code: ETC036285 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand men`s and boy`s clothing market has been experiencing steady growth since 2025. The market is expected to reach a value of USD 5.5 billion by 2031, expanding at a CAGR of 3.9% during the forecast period (2025-2031). This growth can be attributed to rising disposable income levels in the country, increasing demand for fashionable apparel among young population, high acceptance for online shopping platforms, and growing popularity of branded products among consumers. Additionally, evolving consumer preferences towards ethnic wear due to changing fashion trends have also had positive impacts on the industry???s performance in the recent years.
In Thailand, average per capita disposable income has been increasing over the past few years as a result of economic development and job opportunities created by various industrial sectors such as manufacturing and tourism. Growing disposable incomes enable people to purchase more expensive items which drive demand within the men???s and boys clothing market in Thailand. With increased exposure to international brands through high penetration of internet usage amongst youth population coupled with strong influence from media sources such as social networks & television channels have made Thailand millennials go crazy about fashionable apparel available in stores or online.Thus this increases revenue generated from sale of trendy kids` clothing products in Thailand consequently contributing significantly towards its overall economy.
Uncertainties surrounding political environment may affect investment decisions made by businesses hence disrupting trade activities which could potentially risk hampering future progress associated with this sector negatively impacting its financial performance.Limited availability popular foreign brands across retail outlets located outside urban areas makes it difficult attract new customer base thus limiting potential revenues generated from sales traditional apparels mostly found rural regions. Strong presence many local & global competitors provides customers multiple alternative options choose from when comes buying garments further intensifying competition.
The Covid-19 pandemic has had a significantly negative impact on the Thailand men`s and boy`s clothing market. Many businesses have been forced to close, while demand for certain products such as suits and formal wear has decreased drastically. In addition, many retailers have needed to increase their prices due to rising costs of supplies caused by disruption in global supply chains.
Despite this difficult situation, some clothing companies are still managing to perform well with new strategies and innovative approaches. Key players in the Thailand men`s and boy`s clothing market include B2S, H&M Thailand, Uniqlo Thailand, Zara Thailand, Topman/Topshop Thailand amongst others. These companies are adapting their business models by introducing e-commerce platforms or online ordering systems that allow customers to purchase items remotely without having to visit physical stores. They also offer various promotions such as discounts or free shipping which entice more consumers during tough times like these. Additionally they provide incentives for loyalty programs which help build customer relationships even further.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Men's and Boy's Clothing Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Men's and Boy's Clothing Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Men's and Boy's Clothing Market - Industry Life Cycle |
3.4 Thailand Men's and Boy's Clothing Market - Porter's Five Forces |
3.5 Thailand Men's and Boy's Clothing Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Men's and Boy's Clothing Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Men's and Boy's Clothing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Men's and Boy's Clothing Market Trends |
6 Thailand Men's and Boy's Clothing Market, By Types |
6.1 Thailand Men's and Boy's Clothing Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Men's and Boy's Clothing Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Men's and Boy's Clothing Market Revenues & Volume, By Top , 2021-2031F |
6.1.4 Thailand Men's and Boy's Clothing Market Revenues & Volume, By Bottom, 2021-2031F |
6.1.5 Thailand Men's and Boy's Clothing Market Revenues & Volume, By Underwear, 2021-2031F |
6.2 Thailand Men's and Boy's Clothing Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Men's and Boy's Clothing Market Revenues & Volume, By Men, 2021-2031F |
6.2.3 Thailand Men's and Boy's Clothing Market Revenues & Volume, By Boy, 2021-2031F |
7 Thailand Men's and Boy's Clothing Market Import-Export Trade Statistics |
7.1 Thailand Men's and Boy's Clothing Market Export to Major Countries |
7.2 Thailand Men's and Boy's Clothing Market Imports from Major Countries |
8 Thailand Men's and Boy's Clothing Market Key Performance Indicators |
9 Thailand Men's and Boy's Clothing Market - Opportunity Assessment |
9.1 Thailand Men's and Boy's Clothing Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Men's and Boy's Clothing Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Men's and Boy's Clothing Market - Competitive Landscape |
10.1 Thailand Men's and Boy's Clothing Market Revenue Share, By Companies, 2024 |
10.2 Thailand Men's and Boy's Clothing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |