Product Code: ETC213457 | Publication Date: May 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Thailand Apparel Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 3.79% in 2025 and reaches 11.09% by 2029.
Thailand's Apparel market is anticipated to experience a stable growth rate of 4.61% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Thailand apparel market is a diverse and competitive industry catering to the fashion tastes of a culturally rich society. It encompasses a wide range of clothing, from traditional Thai garments to Western-style fashion. The market has seen a significant shift towards online retail, with e-commerce platforms becoming increasingly popular among consumers. Sustainability and ethical practices have also gained prominence, influencing consumers` choices and leading to a rise in demand for eco-friendly and socially responsible brands. Thai consumers are looking for quality, affordability, and the latest fashion trends in their apparel choices. The market is highly dynamic and is expected to continue adapting to changing consumer preferences.
The overall Thailand Apparel market is primarily driven by a combination of factors such as changing consumer preferences, urbanization, and economic growth. Rising disposable income levels, particularly among the middle-class population, have increased consumer spending on clothing. Fashion-conscious consumers are continuously looking for the latest styles and trends, driving regular purchases of apparel. The growth of shopping malls and the e-commerce industry has provided consumers with more options and convenience. Additionally, an increasing number of international fashion brands entering the Thai market has further intensified competition and contributed to market growth.
The Thailand apparel market is highly competitive, with local and international brands vying for market share. The challenges here include the need to maintain a balance between affordability and quality, as price-sensitive consumers are demanding better value for their money. Sustainability concerns, such as ethical sourcing and eco-friendly manufacturing, are also growing challenges in this market.
The apparel market in Thailand faced substantial challenges due to COVID-19. Lockdowns and social distancing measures affected physical retail stores, leading to a surge in e-commerce. Consumers also shifted their preferences towards comfortable and casual wear, such as loungewear and activewear, while demand for formal wear dwindled. Many apparel manufacturers and retailers had to adapt their business models to cater to online shoppers, emphasizing contactless shopping and delivery services.
The Thailand Apparel Market is a vibrant and dynamic sector that has attracted several leading players, such as Central Group, The Mall Group, and The Siam Paragon Group. These companies have established themselves as major retail giants in the country, offering a wide range of clothing options to cater to the diverse tastes of consumers. The market`s growth is driven by factors like rising disposable income, urbanization, and changing fashion preferences among Thai consumers.
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 Apparel Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Apparel Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Apparel Market - Industry Life Cycle |
3.4 Thailand Apparel Market - Porter's Five Forces |
3.5 Thailand Apparel Market Revenues & Volume Share, By By End User, 2021 & 2031F |
3.6 Thailand Apparel Market Revenues & Volume Share, By By Type, 2021 & 2031F |
3.7 Thailand Apparel Market Revenues & Volume Share, By By Type, 2021 & 2031F |
4 Thailand Apparel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Apparel Market Trends |
6 Thailand Apparel Market, By Types |
6.1 Thailand Apparel Market, By By End User |
6.1.1 Overview and Analysis |
6.1.2 Thailand Apparel Market Revenues & Volume, By By End User, 2021-2031F |
6.1.3 Thailand Apparel Market Revenues & Volume, By Men, 2021-2031F |
6.1.4 Thailand Apparel Market Revenues & Volume, By Women, 2021-2031F |
6.1.5 Thailand Apparel Market Revenues & Volume, By Kids, 2021-2031F |
6.2 Thailand Apparel Market, By By Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Apparel Market Revenues & Volume, By Formal Wear, 2021-2031F |
6.2.3 Thailand Apparel Market Revenues & Volume, By Casual Wear, 2021-2031F |
6.2.4 Thailand Apparel Market Revenues & Volume, By Sports Wear, 2021-2031F |
6.2.5 Thailand Apparel Market Revenues & Volume, By Night Wear, 2021-2031F |
6.2.6 Thailand Apparel Market Revenues & Volume, By Other, 2021-2031F |
6.3 Thailand Apparel Market, By By Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Apparel Market Revenues & Volume, By Formal Wear, 2021-2031F |
6.3.3 Thailand Apparel Market Revenues & Volume, By Casual Wear, 2021-2031F |
6.3.4 Thailand Apparel Market Revenues & Volume, By Sports Wear, 2021-2031F |
6.3.5 Thailand Apparel Market Revenues & Volume, By Night Wear, 2021-2031F |
6.3.6 Thailand Apparel Market Revenues & Volume, By Other, 2021-2031F |
7 Thailand Apparel Market Import-Export Trade Statistics |
7.1 Thailand Apparel Market Export to Major Countries |
7.2 Thailand Apparel Market Imports from Major Countries |
8 Thailand Apparel Market Key Performance Indicators |
9 Thailand Apparel Market - Opportunity Assessment |
9.1 Thailand Apparel Market Opportunity Assessment, By By End User, 2021 & 2031F |
9.2 Thailand Apparel Market Opportunity Assessment, By By Type, 2021 & 2031F |
9.3 Thailand Apparel Market Opportunity Assessment, By By Type, 2021 & 2031F |
10 Thailand Apparel Market - Competitive Landscape |
10.1 Thailand Apparel Market Revenue Share, By Companies, 2024 |
10.2 Thailand Apparel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |