| Product Code: ETC9681675 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for the hemp market experienced a significant decline from 2023 to 2024, with a growth rate of -97.56%. The compound annual growth rate (CAGR) for the period of 2020-2024 stood at -64.36%. This sharp downturn could be attributed to shifts in regulatory frameworks impacting import volumes or changes in consumer preferences affecting demand dynamics.

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 Hemp Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Hemp Market Revenues & Volume, 2022 & 2032F |
3.3 Thailand Hemp Market - Industry Life Cycle |
3.4 Thailand Hemp Market - Porter's Five Forces |
3.5 Thailand Hemp Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Thailand Hemp Market Revenues & Volume Share, By Source, 2022 & 2032F |
3.7 Thailand Hemp Market Revenues & Volume Share, By Consumer Age Group, 2022 & 2032F |
3.8 Thailand Hemp Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Thailand Hemp Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and acceptance of hemp-based products for health and wellness |
4.2.2 Favorable government regulations supporting hemp cultivation and product development |
4.2.3 Growing demand for sustainable and eco-friendly products in the market |
4.3 Market Restraints |
4.3.1 Limited awareness about the benefits of hemp products among the general population |
4.3.2 Regulatory challenges and restrictions on hemp cultivation and processing |
4.3.3 Competition from traditional industries and existing products in the market |
5 Thailand Hemp Market Trends |
6 Thailand Hemp Market, By Types |
6.1 Thailand Hemp Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Hemp Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Thailand Hemp Market Revenues & Volume, By Hemp Seed, 2022-2032F |
6.1.4 Thailand Hemp Market Revenues & Volume, By Hemp Seed Oil, 2022-2032F |
6.1.5 Thailand Hemp Market Revenues & Volume, By CBD Hemp Oil, 2022-2032F |
6.1.6 Thailand Hemp Market Revenues & Volume, By Others, 2022-2032F |
6.2 Thailand Hemp Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Thailand Hemp Market Revenues & Volume, By Conventional, 2022-2032F |
6.2.3 Thailand Hemp Market Revenues & Volume, By Organic, 2022-2032F |
6.3 Thailand Hemp Market, By Consumer Age Group |
6.3.1 Overview and Analysis |
6.3.2 Thailand Hemp Market Revenues & Volume, By 18-24, 2022-2032F |
6.3.3 Thailand Hemp Market Revenues & Volume, By 25-34, 2022-2032F |
6.3.4 Thailand Hemp Market Revenues & Volume, By 35-44, 2022-2032F |
6.3.5 Thailand Hemp Market Revenues & Volume, By 45-54, 2022-2032F |
6.3.6 Thailand Hemp Market Revenues & Volume, By 55-64, 2022-2032F |
6.3.7 Thailand Hemp Market Revenues & Volume, By Above 65, 2022-2032F |
6.4 Thailand Hemp Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Thailand Hemp Market Revenues & Volume, By Personal Care Product, 2022-2032F |
6.4.3 Thailand Hemp Market Revenues & Volume, By Textiles, 2022-2032F |
6.4.4 Thailand Hemp Market Revenues & Volume, By Pharmaceuticals, 2022-2032F |
6.4.5 Thailand Hemp Market Revenues & Volume, By Construction & Materials, 2022-2032F |
6.4.6 Thailand Hemp Market Revenues & Volume, By Others, 2022-2032F |
7 Thailand Hemp Market Import-Export Trade Statistics |
7.1 Thailand Hemp Market Export to Major Countries |
7.2 Thailand Hemp Market Imports from Major Countries |
8 Thailand Hemp Market Key Performance Indicators |
8.1 Number of new hemp-based products launched in the market |
8.2 Growth in the number of hemp cultivation licenses issued by the government |
8.3 Increase in consumer engagement and interest in hemp-related content and events |
8.4 Expansion of distribution channels for hemp products |
8.5 Adoption rate of hemp-based products in various industries such as cosmetics, textiles, and food beverage |
9 Thailand Hemp Market - Opportunity Assessment |
9.1 Thailand Hemp Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Thailand Hemp Market Opportunity Assessment, By Source, 2022 & 2032F |
9.3 Thailand Hemp Market Opportunity Assessment, By Consumer Age Group, 2022 & 2032F |
9.4 Thailand Hemp Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Thailand Hemp Market - Competitive Landscape |
10.1 Thailand Hemp Market Revenue Share, By Companies, 2025 |
10.2 Thailand Hemp Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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