Product Code: ETC420501 | Publication Date: Oct 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand advertising market is a dynamic and essential component of the country`s media and business landscape. It encompasses a wide spectrum of advertising channels, including television, radio, print, digital, and outdoor advertising. With a growing economy and a tech-savvy population, digital advertising has seen remarkable growth, leading to a shift in advertising spending towards online platforms. Thai businesses, both small and large, understand the importance of effective advertising in reaching their target audiences and driving brand awareness. Creative agencies, media companies, and digital marketing firms actively contribute to the advertising ecosystem, creating innovative campaigns that resonate with consumers. As Thailand advertising industry continues to evolve, it remains a cornerstone of the country`s commercial landscape, reflecting changing consumer behaviors and preferences.
The Thailand advertising market remains robust due to multiple driving factors. One of the main drivers is the country`s growing economy, attracting both domestic and international businesses seeking to tap into the expanding consumer base. This has led to increased competition, prompting companies to invest in advertising to gain market share. Moreover, the proliferation of digital advertising channels and social media platforms has provided advertisers with more targeted and cost-effective ways to reach their audience. Additionally, the government`s initiatives to promote tourism and investments in infrastructure have further stimulated the advertising industry, as various sectors compete for attention in a competitive marketplace.
The advertising market in Thailand confronts challenges related to evolving consumer behavior and digital advertising trends. As consumers spend more time online, traditional advertising channels like print and TV are losing their effectiveness. Advertisers need to navigate the digital landscape, leverage data analytics, and invest in creative digital marketing strategies to engage with their target audiences effectively.
The advertising industry in Thailand faced challenges during the pandemic due to reduced consumer spending and uncertainty in the business environment. Many advertisers cut their budgets, resulting in a slowdown in advertising activities. However, digital advertising saw growth as more people turned to online platforms during lockdowns. Advertisers shifted their strategies to target online audiences, emphasizing social media and e-commerce channels. As Thailand economy gradually recovers, the advertising market is expected to rebound, with a stronger focus on digital advertising strategies.
In the dynamic Thailand advertising market, leading players like J. Walter Thompson Thailand, Ogilvy Thailand, and BBDO Bangkok have consistently demonstrated creativity and innovation in their campaigns. These advertising agencies are known for their ability to develop effective and impactful advertising strategies for both local and international brands, influencing consumer behavior and shaping the advertising landscape in Thailand.
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 Advertising Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Advertising Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Advertising Market - Industry Life Cycle |
3.4 Thailand Advertising Market - Porter's Five Forces |
3.5 Thailand Advertising Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Thailand Advertising Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Advertising Market Trends |
6 Thailand Advertising Market, By Types |
6.1 Thailand Advertising Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Advertising Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Advertising Market Revenues & Volume, By Television, 2021-2031F |
6.1.4 Thailand Advertising Market Revenues & Volume, By Print (Newspaper and Magazine), 2021-2031F |
6.1.5 Thailand Advertising Market Revenues & Volume, By Radio, 2021-2031F |
6.1.6 Thailand Advertising Market Revenues & Volume, By Outdoor, 2021-2031F |
6.1.7 Thailand Advertising Market Revenues & Volume, By Internet (Search, Display, Classified, Video), 2021-2031F |
6.1.8 Thailand Advertising Market Revenues & Volume, By Mobile, 2021-2031F |
7 Thailand Advertising Market Import-Export Trade Statistics |
7.1 Thailand Advertising Market Export to Major Countries |
7.2 Thailand Advertising Market Imports from Major Countries |
8 Thailand Advertising Market Key Performance Indicators |
9 Thailand Advertising Market - Opportunity Assessment |
9.1 Thailand Advertising Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Thailand Advertising Market - Competitive Landscape |
10.1 Thailand Advertising Market Revenue Share, By Companies, 2024 |
10.2 Thailand Advertising Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |