Product Code: ETC037185 | 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 office equipment market in Thailand is estimated to witness a CAGR of 4.9% during 2025-2031. The increasing demand for new technology based products such as printers, scanners and photocopiers will drive the growth of the office equipment market in Thailand over the forecast period. Additionally, various government initiatives to promote digitalization and automation are also expected to bolster the market growth during the forecast period. Furthermore, rising disposable incomes among individuals coupled with changing lifestyle has resulted into increased spending on consumer electronics which is expected to positively affect the overall market size during 2025-2031.
As businesses strive towards higher efficiency through improved productivity and cost savings, they are increasingly investing in automated solutions that enable them to streamline their operations effectively while simultaneously reducing costs associated with manual labor or paper filing systems. This growing demand for automated solutions is driving up sales of printers, copiers and other related products thereby boosting growth of office equipment industry in Thailand over the forecast period. Multiple government initiatives have been undertaken by Thailand authorities aimed at improving digital infrastructure across different sectors including banking & finance services, education system etc., as well as promoting digitization across offices spaces throughout country which is further augmenting adoption rate of office automation products leading to increase in sales volume resulting into robust growth outlook for office equipment industry over coming years till 2031.
Despite rapid technological advancements witnessed within sector over past few years one major challenge faced by manufacturers operating within sector relates low adoption rate among small medium enterprises or SME???s due high cost associated with these advanced technologies which cannot be easily afforded by smaller players resulting into lower penetration rate hence impacting revenue generation potential within segment over long term horizon stretching till 2031 end point.
Due to Covid-19 pandemic there has been significant fall off observed within global economy leading many organizations undertake measures like layoffs, wage cuts etc so as able remain afloat amidst uncertain times thus exerting direct negative influence upon sale volumes being generated from sector even though since relaxation several firms have started reviving back but still long road ahead before situation completely resumes normalcy again .
The top players in the market are Canon Inc., Ricoh Company Ltd., Epson Corporation, Konica Minolta Business Solutions (Thailand) Co., Ltd., Brother Industries Limited, Hewlett Packard Enterprise Development LP (HPE), Lexmark International Inc., Kyocera Corporation, Sharp Electronics Corp., and Toshiba Tec Corporation. These companies are focusing on providing innovative products with advanced features along with superior quality services to gain competitive advantage over other players in the market.
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 Office Equipment Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Office Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Office Equipment Market - Industry Life Cycle |
3.4 Thailand Office Equipment Market - Porter's Five Forces |
3.5 Thailand Office Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Office Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Office Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Office Equipment Market Trends |
6 Thailand Office Equipment Market, By Types |
6.1 Thailand Office Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Office Equipment Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Office Equipment Market Revenues & Volume, By Photocopiers, 2021-2031F |
6.1.4 Thailand Office Equipment Market Revenues & Volume, By Printers and Scanners, 2021-2031F |
6.1.5 Thailand Office Equipment Market Revenues & Volume, By Fax Machines, 2021-2031F |
6.1.6 Thailand Office Equipment Market Revenues & Volume, By Coin and Currency Counting Devices, 2021-2031F |
6.2 Thailand Office Equipment Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Thailand Office Equipment Market Revenues & Volume, By Online, 2021-2031F |
6.2.3 Thailand Office Equipment Market Revenues & Volume, By Offline, 2021-2031F |
7 Thailand Office Equipment Market Import-Export Trade Statistics |
7.1 Thailand Office Equipment Market Export to Major Countries |
7.2 Thailand Office Equipment Market Imports from Major Countries |
8 Thailand Office Equipment Market Key Performance Indicators |
9 Thailand Office Equipment Market - Opportunity Assessment |
9.1 Thailand Office Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Office Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Office Equipment Market - Competitive Landscape |
10.1 Thailand Office Equipment Market Revenue Share, By Companies, 2024 |
10.2 Thailand Office Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |