-
Sector Analysis
Electricals Retailing in Thailand – Market Shares, Summary and Forecast to 2022
"Electricals Retailing in Thailand, Market Shares, Summary and Forecasts to 2022", provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Thailand retail environment. In addition, it analyzes the key consumer trends influencing Thailand electricals industry. The electricals sector is forecast to register improved growth over the next five years compared to 2012-2017. The sector is forecast to grow at a CAGR of 3.5% between 2017 and 2022 to...
-
Analyst Opinions
Population Engines: The Rise of Urbanization; Identifying and understanding the future urban landscape
Cities are engines of economic growth and centers of economic activity, with the world's largest 600 cities accounting for 70% of global GDP growth in 2015–25. The urban landscape is in the midst of a transformation, with the focus of the urban world shifting east. Cities in emerging regions in Asia will become major hubs of economic activity, productivity, and innovation, while the dominance of established metropolitan areas in developed regions will decline.
-
Analyst Opinions
Retailing in Thailand– Market Summary & Forecasts
The Thai retail market recorded a CAGR of 3.2% over the past five years despite economy slowdown and political instability. It is expected to grow at a CAGR of 3.7% in 2015-2020 driven by increasing consumer spending, rising tourism, and a growing middle-income population. In addition, the Thai government has included boosting consumer spending among its main economic policies will support the growth retail market in the country. On the other hand, growing internet and smartphone penetration coupled with high...
-
Analyst Opinions
Competitor Profile: Alipay
Launched in 2004, Alipay is the largest alternative payment services provider globally in terms of transaction value. It is a subsidiary of Ant Financial Services, which is controlled by Alibaba Group. Alipay allows users to make fund transfers as well as online, in-app, and in-store payments at home and abroad. It is the primary method of payment for Alibaba’s online marketplaces, including AliExpress, Tmall, and Taobao. In FY 2019 ended March 31, almost 70% of gross merchandise value in Alibaba’s...