Thailand Travel and Tourism Market Summary, Competitive Analysis and Forecast to 2027
Summary
Travel & Tourism in Thailand industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming market.
- The Thai travel and tourism industry had total revenues of $113.9 billion in 2022, representing a negative compound annual rate of change (CARC) of 1.1% between 2017 and 2022.
- Casinos and gaming was the industry's largest segment in 2022, with total revenues of $38.9 billion, equivalent to 34.1% of the industry's overall value.
- Thailand hosted 2022 Asia-Pacific Economic Cooperation (APEC) meetings year long. These meeting enabled the country’s government to stimulate its economy, display the country’s potential and boost tourism.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Thailand
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Thailand
- Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Thailand travel & tourism market with five year forecasts by both value and volume
- What was the size of the Thailand travel & tourism market by value in 2022?
- What will be the size of the Thailand travel & tourism market in 2027?
- What factors are affecting the strength of competition in the Thailand travel & tourism market?
- How has the market performed over the last five years?
- Who are the top competitors in Thailand's travel & tourism market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players in the foodservice industry?
- 7.2. What strategies do these leading players follow?
- 7.3. How is technology being used by these leading companies?
- 7.4. Who are the leading players in the hotels and motels industry?
- 7.5. What strategies do the leading players follow?
- 7.6. What are the strengths of leading players?
- 7.7. How is technology being used by these leading companies?
- 7.8. Are there any threats to these leading players?
- 7.9. What have been the most recent developments in the hotels and motels industry?
- 8 Company Profiles
- 8.1. McDonald's Corp
- 8.2. Yum! Brands, Inc.
- 8.3. Marriott International Inc
- 8.4. The Pizza Company
- 8.5. Charoen Pokphand Foods Public Company Limited
- 8.6. InterContinental Hotels Group Plc
- 8.7. Nok Airlines Public Company Ltd
- 8.8. Thai Airways International Public Co Ltd
- 8.9. Centara Hotels & Resorts
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Thailand travel & tourism industry value: $ billion, 2017–22(e)
- Table 2: Thailand travel & tourism industry category segmentation: % share, by value, 2017–2022(e)
- Table 3: Thailand travel & tourism industry category segmentation: $ billion, 2017-2022
- Table 4: Thailand travel & tourism industry geography segmentation: $ billion, 2022(e)
- Table 5: Thailand travel & tourism industry value forecast: $ billion, 2022–27
- Table 6: McDonald's Corp: key facts
- Table 7: McDonald's Corp: Annual Financial Ratios
- Table 8: McDonald's Corp: Key Employees
- Table 9: McDonald's Corp: Key Employees Continued
- Table 10: McDonald's Corp: Key Employees Continued
- Table 11: Yum! Brands, Inc.: key facts
- Table 12: Yum! Brands, Inc.: Annual Financial Ratios
- Table 13: Yum! Brands, Inc.: Key Employees
- Table 14: Yum! Brands, Inc.: Key Employees Continued
- Table 15: CRG Holdings, LLC : key facts
- Table 16: Marriott International Inc: key facts
- Table 17: Marriott International Inc: Annual Financial Ratios
- Table 18: Marriott International Inc: Key Employees
- Table 19: Marriott International Inc: Key Employees Continued
- Table 20: Marriott International Inc: Key Employees Continued
- Table 21: Marriott International Inc: Key Employees Continued
- Table 22: The Pizza Company: key facts
- Table 23: Charoen Pokphand Foods Public Company Limited: key facts
- Table 24: Charoen Pokphand Foods Public Company Limited: Annual Financial Ratios
- Table 25: Charoen Pokphand Foods Public Company Limited: Key Employees
- Table 26: Charoen Pokphand Foods Public Company Limited: Key Employees Continued
- Table 27: InterContinental Hotels Group Plc: key facts
- Table 28: InterContinental Hotels Group Plc: Annual Financial Ratios
- Table 29: InterContinental Hotels Group Plc: Key Employees
- Table 30: InterContinental Hotels Group Plc: Key Employees Continued
- Table 31: InterContinental Hotels Group Plc: Key Employees Continued
- Table 32: Nok Airlines Public Company Ltd: key facts
- Table 33: Nok Airlines Public Company Ltd: Annual Financial Ratios
- Table 34: Nok Airlines Public Company Ltd: Key Employees
- Table 35: Thai Airways International Public Co Ltd: key facts
- Table 36: Thai Airways International Public Co Ltd: Annual Financial Ratios
- Table 37: Thai Airways International Public Co Ltd: Key Employees
- Table 38: Centara Hotels & Resorts: key facts
- Table 39: Centara Hotels & Resorts: Key Employees
- Table 40: Thailand size of population (million), 2018–22
- Table 41: Thailand gdp (constant 2005 prices, $ billion), 2018–22
- Table 42: Thailand gdp (current prices, $ billion), 2018–22
- Table 43: Thailand inflation, 2018–22
- Table 44: Thailand consumer price index (absolute), 2018–22
- Table 45: Thailand exchange rate, 2018–22
- List of Figures
- Figure 1: Thailand travel & tourism industry value: $ billion, 2017–22(e)
- Figure 2: Thailand travel & tourism industry category segmentation: $ billion, 2017-2022
- Figure 3: Thailand travel & tourism industry geography segmentation: % share, by value, 2022(e)
- Figure 4: Thailand travel & tourism industry value forecast: $ billion, 2022–27
- Figure 5: Forces driving competition in the travel & tourism industry in Thailand, 2022
- Figure 6: Drivers of buyer power in the travel & tourism industry in Thailand, 2022
- Figure 7: Drivers of supplier power in the travel & tourism industry in Thailand, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Thailand, 2022
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Thailand, 2022
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Thailand, 2022
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