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This report, which is titled “Thailand Freight Forwarding Market Outlook to 2022 – by freight movement (sea, road, air, and rail freight); by normal and express delivery; by international and domestic freight; by international flow corridors and by third party logistics,” offers a comprehensive analysis of the overall market size for freight forwarding in Thailand. The report also provides a segmentation of the market based on normal and express delivery, freight movement (sea freight, road freight, air freight, and rail freight), international and domestic freight forwarding, and flow corridors (asia countries, nafta countries, european countries and others). In addition to that, the paper discusses the broader competitive environment, as well as the role of the government and regulations. At the conclusion of the research, a market estimate for the future is presented, along with suggestions from analysts that emphasize the most significant opportunities and cautions. an analysis of the size and scope of the Thai freight forwarding market The expansion of main sectors in Thailand, including agriculture, retail, autos, and manufacturing, was a driving force behind the creation of the freight forwarding industry in Thailand. It is possible to credit the expansion of the freight forwarding business in the nation to the developing fast-moving consumer goods (FMCG) sector, retail sector, food industry, and e-commerce industry in the country. Thailand’s freight forwarding business has had growth at a compound annual growth rate (CAGR) that is positive during the last five years, from 2012 to 2017. the Thai government’s emphasis on enhancing several areas, such as the development of infrastructure and the reorganization of the rail freight market, as part of the transport infrastructure development initiatives The year 2022 will see the growth of the market for the transportation of goods by railroads and the expansion of the role of rail freight, notably in major economic zones as well as in distant locations. regular and expedited delivery are the two categories that are used to categorize the Thai freight forwarding sector. In the year 2017, the regular or standard delivery sector was the most dominant in the Thailand freight forwarding market, while the express delivery segment was able to acquire the remaining revenue share. When there is no immediate need for the items that have been purchased, the usual delivery services are often the ones that are favored. It has been observed that the majority of clients in Thailand choose the most cost-effective mode of shipment, and they are willing to wait for extended periods of time. The following are examples of prominent organizations that are involved in routine delivery: scg logistics, schenker limited, yusen logistics, ceva logistics, wice logistics, siam shipping agility logistics, iii logistics, and others. In terms of freight movement, the road freight segment dominated the Thailand freight forwarding market in the year 2017. This was due to the fact that Thailand had a larger fleet of vehicles, strong cross-border trade with its neighbors in Southeast Asia, and a national network of strategically located warehouses and distribution centers. In 2017, the sea freight sector of the Thai freight forwarding industry followed road freight services. This was mostly due to the fact that there was an increase in the number of trade operations with Foreign Trade Agreement signatories. Both Laem Chabang and Bangkok are considered to be the most important seaports in Thailand. These two ports are responsible for the bulk of the marine freight volume in the nation, and as a result, they provide services such as cargo handling, tallying, and storage. The Chiang Saen port is one of the several major seaports in Thailand. Domestic and international freight forwarding accounted for the bulk of the revenues generated by the whole Thai freight forwarding sector in 2017. International freight forwarding was the primary contributor to these revenues. The international freight forwarding business in Thailand has received a considerable boost as a result of free trade agreements that have been established with other countries during the course of this time. On the other hand, it was found that the domestic freight forwarding industry was able to take the remaining share in 2017. According to flow corridors, the Asia flow corridor was found to be the most significant contributor to the income generated in the Thailand freight forwarding business in the year 2017. Thailand’s imports to Asia and exports from Asia were reported as of 2017, according to the International Trade Center. This is in contrast to other areas such as the nations that are members of the North American Free Trade Agreement (NAFTA), Europe, and other regions. In 2017, the flow corridor between Thailand and Europe has a double-digit proportion, following the flow corridor connecting Thailand and Asia. Countries that are members of the North American Free Trade Agreement (NAFTA) are considered to be developing commercial partners for Thailand. This is another key flow corridor. With a high number of high-rise buildings and a number of shopping centers in the city, Bangkok, which is located in the central region, is attracting the attention of a number of global investors who are looking for opportunities to invest in office and commercial space, retail and hospitality, and other areas of the investment market. The city is well linked with the rest of the globe by air and sea lines, and as a result, it attracts enormous foreign investments from worldwide players to a variety of different industries. the terrain of competition Due to the existence of both local and foreign freight forwarders in Thailand, the industry of freight forwarding was reported to be extremely fragmented. This was noticed in the country. According to the membership record of the Customs Broker and Transport Association of Thailand, there are approximately 1400 large scale international freight forwarders in the country. These forwarders offer a wide range of services, including lcl, fcl, and other services. Additionally, there are large scale operators that offer fewer services, therefore bringing the total number of large scale international freight forwarders in the country to approximately ~. There are a number of significant freight forwarding firms that provide air freight services. These businesses include Kerry Logistics, DHL Express, CJ Express, Thai Post, DHL Post, nikos Logistics, FedEx, TNT, and UPS. These companies are ranked according to their revenue. Additionally, ceva logistics, agility logistics, db schenker, and other companies are examples of freight forwarders that concentrate on providing services related to ocean freight, contract logistics, and warehousing. It was observed that the markets in China, Japan, the United States, and Europe made a significant contribution to the freight forwarding sector in Thailand. market forecasts and estimates for the future of the Thailand freight forwarding industry By the end of the year 2022, it is anticipated that the Thailand freight forwarding market will generate significant revenues. This growth will be driven by the fact that both domestic and international demand will continue to increase, the e-commerce industry will continue to expand, and the government will continue to invest in the development of logistics infrastructure in Thailand. As a result of the growth that has been demonstrated by the automobile industry and the electronics manufacturing sector, the economy has been fueled during the difficult economic period that has occurred over the past few years, which has led to an increase in the demand for freight forwarding services. As the AEEC plan 2025 is implemented on the ground, it is anticipated that the nation would achieve favorable outcomes as a result of the implementation. Freight movement encompasses the following main segments: pipelines, railroads, roads, sea, and air; transportation services, postal services, and communications via delivery; and transportation services. •normal •express by freight forwarding •international •domestic by flow corridors •asian countries •nafta countries •european countries and others by companies •international companies •domestic companies key target audience •shipping companies •freight forwarders •logistics association •express and e-commerce logistics companies •consulting service providers •private equity/ vcs/ investment banking companies 2012–2017 is the time span that is covered in the report; this is the historical period. 2018-2022: a projection of the future Companies such as Damco Thailand, DHL Thailand, Triple I, Kerry Logistics Thailand, NCL Logistics Thailand, Nippon Express Thailand, Db Shenker, Twice Logistics, and Siam Shipping are among those that are included in the coverage. Bangkok freight forwarders, Royaltainer, and Axium Shipping are all examples of agility. The following link will provide you with further information on the research report: https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/thailand-freight-forwarding-market-outlook-2022/156566-100.html Related papers may be found at the following website: https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/poland-freight-forwarding-market/149480-100.html https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/oman-freight-forwarding-market/149658-100.html https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/vietnam-freight-forwarding-market/145654-100.html Get in touch with us: Ankur Gupta, head of marketing and communications at Ken Research, may be reached at sales@kenresearch.com or by calling +91 9015378249. articles that are connected to this topic include free trade agreements of Thailand, normal and express delivery in Thailand, and Send a friend an email with this story! 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