Display mode (Doesn't show in master page preview)

14 Feb 2024

Services

Retail sales in 2024 are expected to grow by 3.0 percent; Thai manufacturers face intense competition from Chinese products (Current Issue No.3457)

คะแนนเฉลี่ย
  • KResearch anticipates that retail sales in 2024 will expand slower than the previous year. The growth is projected to reach 3.0 percent YoY, with an estimated value of THB 4.1 trillion. Supporting factors remain foreign tourists’ spending and a potential increase in some product prices.
  • Even though the overall retail market will continue to grow in 2024, intense competition from the influx of imported products, especially those from China, will present a challenging business environment for Thai manufacturers.

Services