Product Code: ETC259165 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Cards Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 0.21% in 2025, growth builds up to 0.77% by 2029.
In the Asia region, the Cards market in Thailand is projected to expand at a stable growth rate of 0.30% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Thailand Cards Market encompasses various types of cards, including credit cards, debit cards, and loyalty cards. With the shift towards a cashless society, the adoption of electronic payment methods is on the rise. The market is witnessing increased issuance of cards by financial institutions and businesses.
The Cards market in Thailand includes various types of cards, such as credit, debit, and prepaid cards. The market is driven by the expansion of the financial services sector and the increasing preference for cashless transactions. Government initiatives to promote financial inclusion and digital payments have further fueled the growth of this market.
The Thailand Cards market faces challenges driven by technological shifts and security concerns. One significant challenge is the decline in physical payment cards due to the rise of digital payment methods and mobile wallets. Manufacturers and financial institutions must adapt by incorporating contactless and digital technologies into their card offerings. Security is a paramount concern, with the need to protect cardholders` data from cyber threats and fraud. Additionally, regulatory compliance is crucial in the financial sector, necessitating ongoing monitoring and adaptation to changing regulations. Lastly, the market must cater to changing consumer preferences for card design and customization, requiring efficient production processes that can handle small-batch orders.
The Thailand Cards Market experienced a noticeable shift during the pandemic. With social distancing measures and a preference for contactless payments to reduce the risk of virus transmission, there was a surge in demand for debit and credit cards. Online shopping and digital payments also gained popularity, further boosting the demand for payment cards. While the physical issuance of cards faced challenges due to lockdowns, the digital card market saw significant growth. As the country continues to adapt to digital payments, the cards market is expected to see sustained growth.
In the Thailand cards market, several key players have established themselves as leaders in the industry. Notable names include "CardCorp Thailand," a renowned manufacturer of a wide range of cards, including credit cards, debit cards, and smart cards. They have a strong reputation for quality and security in the financial services sector. Another prominent player is "CardTech Thailand," known for its innovative card printing solutions and secure authentication technologies. Additionally, "PlasticCard Co." has gained prominence in the market for its expertise in loyalty cards, membership cards, and gift cards, catering to various industries.
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 Cards Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cards Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Cards Market - Industry Life Cycle |
3.4 Thailand Cards Market - Porter's Five Forces |
3.5 Thailand Cards Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Cards Market Revenues & Volume Share, By Usage, 2021 & 2031F |
3.7 Thailand Cards Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Thailand Cards Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital payment methods in Thailand |
4.2.2 Growth in e-commerce and online shopping activities |
4.2.3 Government initiatives to promote cashless transactions |
4.3 Market Restraints |
4.3.1 Security concerns related to card transactions |
4.3.2 Limited merchant acceptance of card payments in certain regions |
4.3.3 High dependency on cash transactions in rural areas |
5 Thailand Cards Market Trends |
6 Thailand Cards Market, By Types |
6.1 Thailand Cards Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cards Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Cards Market Revenues & Volume, By General Purpose, 2021-2031F |
6.1.4 Thailand Cards Market Revenues & Volume, By Private Label, 2021-2031F |
6.2 Thailand Cards Market, By Usage |
6.2.1 Overview and Analysis |
6.2.2 Thailand Cards Market Revenues & Volume, By General Purpose Re-Loadable Card, 2021-2031F |
6.2.3 Thailand Cards Market Revenues & Volume, By Government Benefit/Disbursement Card, 2021-2031F |
6.2.4 Thailand Cards Market Revenues & Volume, By Payroll Card, 2021-2031F |
6.2.5 Thailand Cards Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Cards Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Thailand Cards Market Revenues & Volume, By Retail Establishments, 2021-2031F |
6.3.3 Thailand Cards Market Revenues & Volume, By Corporate Institutions, 2021-2031F |
6.3.4 Thailand Cards Market Revenues & Volume, By Government, 2021-2031F |
6.3.5 Thailand Cards Market Revenues & Volume, By Financial Institutions, 2021-2031F |
6.3.6 Thailand Cards Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Cards Market Import-Export Trade Statistics |
7.1 Thailand Cards Market Export to Major Countries |
7.2 Thailand Cards Market Imports from Major Countries |
8 Thailand Cards Market Key Performance Indicators |
8.1 Average transaction value per card |
8.2 Percentage of population with access to banking services |
8.3 Number of card transactions per capita |
8.4 Adoption rate of contactless payment technologies |
8.5 Average card usage frequency per month |
9 Thailand Cards Market - Opportunity Assessment |
9.1 Thailand Cards Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Cards Market Opportunity Assessment, By Usage, 2021 & 2031F |
9.3 Thailand Cards Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Thailand Cards Market - Competitive Landscape |
10.1 Thailand Cards Market Revenue Share, By Companies, 2024 |
10.2 Thailand Cards Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |