Thailand Express Logistics Market is Expected to Reach Over THB 300 Billion by the Year Ending 2022: Ken Research

The growing E-commerce industry coupled with the raising standard of living of Thai population is expected to provide opportunities for foreign logistics companies, especially express delivery services and logistics services for E-commerce that find Thailand an appropriate place for investment. Increasing consumer preference towards faster delivery of goods has made last-mile delivery services a key differentiator among larger E-commerce players as well as emerging start ups. Express delivery services in Thailand are obtainable throughout Thailand and are represented by major international express delivery firms such as Kerry Express DHL, CJ Express and others. For instance, DHL express is planning to enhance the digital and last mile capabilities of its network in order to fulfill their client's expectations through the launch of on demand delivery service. This will provide cross-border E-tailors with several new opportunities in terms of online shopping.

The "last mile" delivery step to the consumers is gaining importance due to the rising share of B2C parcel logistics. With same-day delivery, orders are delivered within a few hours after purchasing them, or in a chosen time window on the same day, thus driving the demand for express delivery services in the country.

Analysts at Ken Research in their latest publication "Thailand Express Delivery and E-Commerce Logistics Market Forecast to 2022 - By International and Domestic Express; By Air and Ground Express; By B2B, B2C and C2C; By Channel (3PL and E-Commerce Merchants), By Speed of Delivery, By Intercity and Intracity Delivery" believe that infrastructural development, E-commerce tie-ups, technological advancement and robust customer feedback system will have a positive impact on market revenue. Thailand express logistics market is expected to register a positive CAGR of 6.3% whereas; Thailand E-commerce logistics market is expected to register an impressive CAGR of around 15% during the forecast period 2017-2022.

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For more information on the research report, refer to below link: 

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/thailand-express-delivery-ecommerce-logistics-market-forecast-2022/154989-100.html

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