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10 Jul 2024

Thai Economy

Thai seniors’ spending expected to reach THB 2.2 trillion in 2029; businesses must adapt to an aged society (Current Issue No.3511 Full Ed.)

คะแนนเฉลี่ย

Thai seniors’ spending expected to reach THB 2.2 trillion in 2029; businesses must adapt to an aged society
  • Spending by the elderly in Thailand is projected to reach THB 2.2 trillion by 2029. This figure represents an average annual growth rate (CAGR 2024-2029) of 5.3 percent, fueled by the growing number of elderly people.
  • Beneficiaries would include health-related businesses such as food and beverages, and healthcare. Furthermore, businesses that cater to the lifestyle and daily needs of the elderly will also see positive effects.

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