Thailand Matches Market (2025-2031) Outlook | Size, Companies, Industry, Value, Forecast, Growth, Analysis, Trends, Revenue & Share

Thailand Matches Market Synopsis

The matches market in Thailand was estimated to be worth around US$1 million in 2018 and is projected to register a moderate CAGR over the forecast period attributed primarily towards lack of any significant technological advancement or innovation witnessed by this category during recent years thus limiting its penetration amongst end users such lighters have been replacing safety matches since few years leading to an overall decline observed within this industry segment globally including Thai markets also.

Drivers of the Market

The Thailand matches market is primarily driven by its widespread use in households for lighting purposes. As electricity reaches more remote areas and as a backup lighting source during power outages, matches remain a fundamental product. Additionally, the tourism and hospitality sectors contribute to the demand for matches in hotels and restaurants.

Challenges of the Market

The Thailand matches market faces challenges related to safety regulations and alternative fire-starting methods. The production and distribution of matches must adhere to safety standards to prevent accidents. Furthermore, the availability of electronic lighters and other fire-starting alternatives presents challenges to maintaining the demand for traditional matches.

COVID-19 Impact on the Market

The Thailand matches market faced challenges during the Covid-19 pandemic as hospitality and food service establishments experienced closures and reduced operations. With fewer dining out opportunities, the demand for matches used in restaurants and cafes declined. However, the demand for matches for household purposes like lighting stoves and candles saw an increase as people spent more time at home. As the market aligns with changing consumer habits and the recovery of the food service sector, the matches market is expected to stabilize.

Key Players in the Market

Prominent names in the Thailand matches market include Swedish Match AB, Japan Match Co., Ltd., and ITC Limited. These companies are recognized for their production of safety matches for household and industrial use. Their commitment to safety standards and product quality has established them as key players in the matches market.

Key Highlights of the Report:

• Thailand Matches Market Outlook
• Market Size of Thailand Matches Market, 2024
• Forecast of Thailand Matches Market, 2031
• Historical Data and Forecast of Thailand Matches Revenues & Volume for the Period 2021-2031
• Thailand Matches Market Trend Evolution
• Thailand Matches Market Drivers and Challenges
• Thailand Matches Price Trends
• Thailand Matches Porter's Five Forces
• Thailand Matches Industry Life Cycle
• Historical Data and Forecast of Thailand Matches Market Revenues & Volume By Product for the Period 2021-2031
• Historical Data and Forecast of Thailand Matches Market Revenues & Volume By Match Boxes for the Period 2021-2031
• Historical Data and Forecast of Thailand Matches Market Revenues & Volume By Match Books for the Period 2021-2031
• Historical Data and Forecast of Thailand Matches Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Thailand Matches Market Revenues & Volume By Supermarkets and Hypermarkets for the Period 2021-2031
• Historical Data and Forecast of Thailand Matches Market Revenues & Volume By Independent Retailers for the Period 2021-2031
• Historical Data and Forecast of Thailand Matches Market Revenues & Volume By Convenience Stores for the Period 2021-2031
• Historical Data and Forecast of Thailand Matches Market Revenues & Volume By Specialist Retailers for the Period 2021-2031
• Historical Data and Forecast of Thailand Matches Market Revenues & Volume By Online Retailers for the Period 2021-2031
• Thailand Matches Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Application
• Thailand Matches Top Companies Market Share
• Thailand Matches Competitive Benchmarking By Technical and Operational Parameters
• Thailand Matches Company Profiles
• Thailand Matches Key Strategic Recommendations