Product Code: ETC9693629 | Publication Date: Sep 2024 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Quick Commerce market in Thailand is experiencing rapid growth, propelled by the increasing demand for convenient and quick delivery services. With the rise of e-commerce and changing consumer preferences, there is a growing need for fast delivery of goods, particularly in urban areas. Key players in the market, such as GrabMart, Foodpanda, and Line Man, are expanding their services and partnerships to cater to this demand. The market is characterized by fierce competition, innovation in logistics and technology, and a focus on providing a seamless customer experience. As more consumers prioritize convenience and time-saving solutions, the Quick Commerce market in Thailand is expected to continue flourishing, offering opportunities for further expansion and development in the coming years.
The Quick Commerce market in Thailand is experiencing rapid growth driven by increasing demand for convenient and fast delivery services. With the rise of e-commerce platforms and changing consumer preferences, there is a growing need for on-demand delivery of goods and services. This trend has created opportunities for both established players and new entrants to capitalize on the market potential. Key opportunities include leveraging technology to optimize delivery routes and improve operational efficiency, expanding into underserved regions, and enhancing customer experience through personalized services. As competition intensifies, companies that can offer quick, reliable, and cost-effective delivery solutions stand to gain a competitive edge in the dynamic Thailand Quick Commerce market.
In the Thailand Quick Commerce Market, challenges include intense competition among a growing number of players, leading to price wars and pressure on profit margins. Additionally, logistics and last-mile delivery pose significant challenges due to traffic congestion in urban areas and the need for efficient systems to ensure timely delivery to customers. Another challenge is consumer behavior, as Thai consumers may still prefer traditional shopping methods over online quick commerce platforms, requiring companies to invest in marketing and education to drive adoption. Lastly, regulatory hurdles and compliance issues in the rapidly evolving e-commerce landscape in Thailand can create obstacles for quick commerce companies looking to expand and innovate in the market.
The Thailand Quick Commerce market is being primarily driven by the increasing demand for convenient and fast delivery services, driven by the rise in e-commerce activities and changing consumer preferences. The rapid urbanization and busy lifestyles of consumers have led to a greater need for on-demand delivery of goods, including groceries, meals, and other everyday items. The COVID-19 pandemic has further accelerated the adoption of quick commerce services as more people avoid crowded places and prioritize contactless delivery options. Additionally, the competitive landscape in the market is intensifying, with both local and international players investing in logistics infrastructure and technology to enhance their delivery capabilities and offer a seamless customer experience, further fueling the growth of the Quick Commerce market in Thailand.
The Thailand Quick Commerce Market is regulated by various government policies aimed at promoting fair competition and protecting consumer rights. The government has implemented regulations related to food safety, labor practices, and data privacy to ensure that quick commerce platforms operate ethically and responsibly. In addition, there are policies in place to oversee pricing practices, delivery standards, and environmental sustainability within the quick commerce sector. The government also encourages innovation and entrepreneurship through initiatives such as providing support for startups and digital transformation. Overall, the regulatory environment in Thailand`s quick commerce market aims to balance the interests of businesses, consumers, and society as a whole while fostering growth and innovation in the sector.
The Quick Commerce market in Thailand is poised for significant growth in the coming years. With the increasing demand for convenience and fast delivery services, the Quick Commerce sector is expected to expand rapidly as more consumers opt for on-demand delivery of everyday items such as groceries, meals, and other essentials. The market is also likely to benefit from advancements in technology and logistics, enabling quicker and more efficient delivery services. Furthermore, the rise of e-commerce platforms and changing consumer preferences towards online shopping will drive the Quick Commerce market`s growth in Thailand. Overall, the future outlook for the Quick Commerce market in Thailand appears promising, with ample opportunities for companies to innovate and capture a larger share of this burgeoning 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 Quick Commerce Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Quick Commerce Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Quick Commerce Market - Industry Life Cycle |
3.4 Thailand Quick Commerce Market - Porter's Five Forces |
3.5 Thailand Quick Commerce Market Revenues & Volume Share, By Product Category, 2021 & 2031F |
3.6 Thailand Quick Commerce Market Revenues & Volume Share, By Payment Mode, 2021 & 2031F |
3.7 Thailand Quick Commerce Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Thailand Quick Commerce Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing internet penetration and smartphone usage in Thailand. |
4.2.2 Growing demand for convenience and time-saving solutions in urban areas. |
4.2.3 Expansion of e-commerce platforms and digital payment options in the country. |
4.3 Market Restraints |
4.3.1 Infrastructure challenges such as traffic congestion and last-mile delivery logistics. |
4.3.2 Competition from traditional brick-and-mortar stores and informal street vendors. |
4.3.3 Consumer concerns regarding data privacy and security in online transactions. |
5 Thailand Quick Commerce Market Trends |
6 Thailand Quick Commerce Market, By Types |
6.1 Thailand Quick Commerce Market, By Product Category |
6.1.1 Overview and Analysis |
6.1.2 Thailand Quick Commerce Market Revenues & Volume, By Product Category, 2021- 2031F |
6.1.3 Thailand Quick Commerce Market Revenues & Volume, By Food & Groceries, 2021- 2031F |
6.1.4 Thailand Quick Commerce Market Revenues & Volume, By Stationary, 2021- 2031F |
6.1.5 Thailand Quick Commerce Market Revenues & Volume, By Personal Care Items, 2021- 2031F |
6.1.6 Thailand Quick Commerce Market Revenues & Volume, By Medicines, 2021- 2031F |
6.1.7 Thailand Quick Commerce Market Revenues & Volume, By Small Electronics & Accessories, 2021- 2031F |
6.1.8 Thailand Quick Commerce Market Revenues & Volume, By Clothing, 2021- 2031F |
6.2 Thailand Quick Commerce Market, By Payment Mode |
6.2.1 Overview and Analysis |
6.2.2 Thailand Quick Commerce Market Revenues & Volume, By Cash on Delivery, 2021- 2031F |
6.2.3 Thailand Quick Commerce Market Revenues & Volume, By Online, 2021- 2031F |
6.3 Thailand Quick Commerce Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Thailand Quick Commerce Market Revenues & Volume, By Application Based Operation, 2021- 2031F |
6.3.3 Thailand Quick Commerce Market Revenues & Volume, By Website Based Operation, 2021- 2031F |
6.3.4 Thailand Quick Commerce Market Revenues & Volume, By Hybrid Operation, 2021- 2031F |
7 Thailand Quick Commerce Market Import-Export Trade Statistics |
7.1 Thailand Quick Commerce Market Export to Major Countries |
7.2 Thailand Quick Commerce Market Imports from Major Countries |
8 Thailand Quick Commerce Market Key Performance Indicators |
8.1 Average delivery time for quick commerce orders. |
8.2 Customer retention rate for quick commerce platforms. |
8.3 Frequency of purchases per customer on quick commerce platforms. |
8.4 Average order value for quick commerce transactions. |
8.5 Percentage of repeat customers on quick commerce platforms. |
9 Thailand Quick Commerce Market - Opportunity Assessment |
9.1 Thailand Quick Commerce Market Opportunity Assessment, By Product Category, 2021 & 2031F |
9.2 Thailand Quick Commerce Market Opportunity Assessment, By Payment Mode, 2021 & 2031F |
9.3 Thailand Quick Commerce Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Thailand Quick Commerce Market - Competitive Landscape |
10.1 Thailand Quick Commerce Market Revenue Share, By Companies, 2024 |
10.2 Thailand Quick Commerce Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |