Online retail sales in Thailand projected to continue strong growth: yStats.com report
Internet connection increase and social media shopping result in more online shoppers
Thailand’s constant rate of growth of internet connectivity and the growing comfort of connected individuals in making purchases online have made the country the second largest B2C E-Commerce market in the Southeast Asia region, after Indonesia. The trends of mobile and social shopping combine to a degree that forecasts cited in the yStats.com reflect an annual grow rate of online retail sales above 20% through 2025.
Thai online shoppers buy from regional merchants as well as global providers
The top two online shopping sites in Thailand, have their home base in regional neighbor Singapore. Lazada and Shopee are the most visited destinations from both fixed computers and mobile screens, according to the yStats.com publication. Thailand’s leading retail conglomerate, Central group, is partnering with China’s JD.com to provide locally flavored competition for the attention of the nation’s growing number of online shoppers.
For further information, see: https://www.ystats.com/wp-content/uploads/2019/08/2019.07.31_Product-Brochure-Order-Form_Thailand-B2C-E-Commerce-Market-2019.pdf
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Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.
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