Search Results for: Thai

Thailand’s online packaged food market is small, but growing fast. Indeed, online sales of packaged food in Thailand are expected to grow dramatically by 2020 as Internet penetration increases and traffic in major cities makes in-person shopping inconvenient. Just over 40% of Thailand’s population can access the Internet at home, up from just 22.4% in 2010, according to the World Bank.…

A slowly recovering economy and a string of political crises may have weakened consumer spending in Thailand, but appetite for packaged premium brands, remained strong, according to industry experts. Overall, packaged food sales (retail and food services including premium) soared from USD8.06 billion in 2011 to USD 11.07 billion in 2015, according to data from London-based market researcher Euromonitor International, with sales projected to continue to grow through 2020, albeit at a slower pace.…

Demand for ready-to-eat meals is growing continuously in Thailand on the back of drastically changing lifestyles in the kingdom. As an ever greater share of the population lives in the condominiums of Bangkok’s sprawling suburbs; rural areas turn into industrial clusters; traffic jams worsen; and more family members work outside, the retail value of ready-to-eat meals is forecast by London-based market researcher Euromonitor International to grow this year by 9.9% year-on-year to Thai Baht THB7.4 billion (USD213.4 million) after having expanding in value at a CAGR (compound annual growth rate) of 13.5% from 2010-14, according to another London-based market researcher, Mintel.…

The market for packaged food with health claims is still small in Thailand, with the organics food sector being particularly tiny. But functional food sales growth rates have been picking up markedly on the back of an aging population translating into increasing awareness of health problems, such as cancer, cardiovascular diseases, obesity and diabetes.…

The United Arab Emirates’ (UAE) spa market experienced healthy growth in 2015 compared to 2014, increasing 11% in value terms to reach Emirati Dirham AED1.57 billion (USD428 million), according to market research company Euromonitor International.

In 2016, the market is predicted to grow by 9% to hit USD435 million year-on-year, accounting for nearly 14% of the Middle East and Africa’s USD3 billion spa market, according to Euromonitor.…

Although the economy of Thailand has been lacklustre amid serious political uncertainty following a military coup in 2014, the Thai personal care market has continued to display resilience. According to UK-based market researcher Euromonitor International, Thai retail sales of colour cosmetics in 2015 grew by 7.5% year-on-year to the equivalent of USD583.6 million, compared to 2.8% in the economy overall (following 0.8% in 2014).…

WITH personnel managers in Britain and continental Europe worrying about the impact of the UK’s Brexit vote to quit the European Union (EU), human resources experts in the 10 country Association of Southeast Asian Nations (ASEAN) bloc are facing the opposite challenge, an increase in freedom of movement of workers.…

THE ASIA Pacific region remains the workshop of the world in terms of nonwovens production, and it is not only China’s producers who are growing, local suppliers are feeding growing domestic markets for nonwovens products elsewhere in east and southeast Asia.…

Thailand-based automotive original equipment manufacturers (OEMs) are set to benefit from the expansion of an existing auto tariff-free zone to Association of Southeast Asian Nations (ASEAN) members Cambodia, Laos, Myanmar and Vietnam in 2018. These would then join this ASEAN-linked trading zone’s member countries Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand to forge an ASEAN-wide automotive market bloc.…

On a June state visit to Thailand, Myanmar leader, its State Counsellor Aung San Suu Kyi signed a series of agreements on migrant labour and cross-border cooperation with her Thai counterparts. The three pacts – Agreement on Cross Border between Thailand and Myanmar; a Memorandum of Understanding on Labour Cooperation; and an Agreement on Employment of Workers – will help to regulate and offer legal protections and other services to the enormous and often exploited Myanmar-born labour force in Thailand.…