Product Code: ETC015945 | 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 ethnic clothing market is expected to grow at a CAGR of 5.5% during the forecast period 2025-2031. The growing demand for traditional attire, fashion trends, and increasing number of global tourists in the country are some of the factors driving this growth. Moreover, increasing disposable income among individuals coupled with government initiatives to promote local products are further augmenting the market growth.
There has been an increase in demand for traditional Thailand dresses from locals as well as international tourists due to its unique design and patterns that showcase their cultural heritage. This trend has also increased export opportunities for domestic producers in foreign markets. With changing times, there have been some modifications made in traditional clothes such as adding modern touches or using different types of fabrics like silk or cotton instead of just cotton which enhances its appeal and makes it more attractive to people who want to look fashionable but still maintain a traditional touch when dressing up. Additionally, online shopping portals have enabled easy accessibility making them more popular than ever before across various demographics globally.
Producing high-quality ethnic apparel requires intricate craftsmanship which can be expensive since these pieces often involve hand weaving techniques along with use of quality materials like silk etc., leading to higher costs associated with production limiting profits earned by local vendors operating within this segment.. Furthermore, transportation fees incurred while sourcing raw materials from other countries add on additional costs making them less competitive vis-?-vis competitors operating within same space from other countries where labour charges tend to be lower.
The pandemic had put a halt on most retail stores worldwide including those selling ethnic apparel in Thailand thus adversely affecting sales revenue generated by companies operating within this sector.. Moreover, lack of visitor influx into tourist hotspots where local artisans would sell their items directly was another factor contributing towards decline witnessed by industry players during crisis period last year. However,with gradual easing down restrictions imposed due restrictions there seems hope that situation will improve over upcoming quarters.
Some key players currently dominating the Thailand Ethnic Clothing Market include ??? Mekong Plus Co Ltd., Yupha`s Textile Co Ltd., Thailand Wholesale Textiles Co Ltd., Thaipolytex Corp PLC,. Alikas Co Ltd., Autrey Silk Distributors
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 Ethnic Clothing Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Ethnic Clothing Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Ethnic Clothing Market - Industry Life Cycle |
3.4 Thailand Ethnic Clothing Market - Porter's Five Forces |
3.5 Thailand Ethnic Clothing Market Revenues & Volume Share, By Gender Type, 2021 & 2031F |
3.6 Thailand Ethnic Clothing Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Ethnic Clothing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Ethnic Clothing Market Trends |
6 Thailand Ethnic Clothing Market, By Types |
6.1 Thailand Ethnic Clothing Market, By Gender Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Ethnic Clothing Market Revenues & Volume, By Gender Type, 2021-2031F |
6.1.3 Thailand Ethnic Clothing Market Revenues & Volume, By Men, 2021-2031F |
6.1.4 Thailand Ethnic Clothing Market Revenues & Volume, By Women, 2021-2031F |
6.1.5 Thailand Ethnic Clothing Market Revenues & Volume, By Kids, 2021-2031F |
6.2 Thailand Ethnic Clothing Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Thailand Ethnic Clothing Market Revenues & Volume, By Online, 2021-2031F |
6.2.3 Thailand Ethnic Clothing Market Revenues & Volume, By Offline, 2021-2031F |
7 Thailand Ethnic Clothing Market Import-Export Trade Statistics |
7.1 Thailand Ethnic Clothing Market Export to Major Countries |
7.2 Thailand Ethnic Clothing Market Imports from Major Countries |
8 Thailand Ethnic Clothing Market Key Performance Indicators |
9 Thailand Ethnic Clothing Market - Opportunity Assessment |
9.1 Thailand Ethnic Clothing Market Opportunity Assessment, By Gender Type, 2021 & 2031F |
9.2 Thailand Ethnic Clothing Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Ethnic Clothing Market - Competitive Landscape |
10.1 Thailand Ethnic Clothing Market Revenue Share, By Companies, 2024 |
10.2 Thailand Ethnic Clothing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |