Construction in Thailand - Market Summary, Competitive Analysis and Forecast to 2025

Construction in Thailand industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

The construction market is defined as the value of work put in place annually, for both: residential and non-residential construction.
The Thai construction industry had total revenues of $23,886.6bn in 2020, representing a compound annual growth rate (CAGR) of 1.8% between 2016 and 2020.
The non-residential construction segment was the industry's most lucrative in 2020, with total revenues of $14,589.4bn, equivalent to 61.1% of the industry's overall value.
The value of the Thai construction industry declined by 7.8% in 2020.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in Thailand
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Thailand
Leading company profiles reveal details of key construction market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Thailand construction market with five year forecasts by both value and volume

Reasons to Buy

What was the size of the Thailand construction market by value in 2020?
What will be the size of the Thailand construction market in 2025?
What factors are affecting the strength of competition in the Thailand construction market?
How has the market performed over the last five years?
What are the main segments that make up Thailand's construction market?

Frequently Asked Questions about the Construction Market in Thailand

What is the estimated value of the Construction Market in Thailand?

The Construction Market in Thailand was estimated to be valued at $14.59 billion in 2020.

What is the growth rate of the Construction Market in Thailand?

The growth rate of the Construction Market in Thailand is 8.7%, with an estimated value of $22.21 billion by 2025.

What is the forecasted size of the Construction Market in Thailand?

The Construction Market in Thailand is estimated to be worth $22.21 billion by 2025.

Who are the key companies in the Construction Market in Thailand?

Key companies in the Construction Market in Thailand include Sino, Thai Engineering & Construction Public Co Ltd, Italian, Thai Development PCL, Unique Engineering and Construction Public Co Ltd and CH. Karnchang Pcl.

Report Attribute	Details
No. of Pages	45
Published	December 2021
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	$ 14.59 billion
Forecasted Market Value ( USD ) by 2025	$ 22.21 billion
Compound Annual Growth Rate	8.7%
Regions Covered	Thailand

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?
7.2. What strategies do leading players follow?
7.3. How has the COVID-19 pandemic affected the market?
7.4. What opportunities are present for construction companies in the market?

8 Company Profiles

8.1. Sino-Thai Engineering & Construction Public Co Ltd
8.2. Italian-Thai Development PCL
8.3. Unique Engineering and Construction Public Co Ltd
8.4. CH. Karnchang Pcl

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher

List of Tables

Table 1: Thailand construction industry value: $ million, 2016-20
Table 2: Thailand construction industry category segmentation: $ million, 2020
Table 3: Thailand construction industry geography segmentation: $ million, 2020
Table 4: Thailand construction industry value forecast: $ million, 2020-25
Table 5: Sino-Thai Engineering & Construction Public Co Ltd: key facts
Table 6: Sino-Thai Engineering & Construction Public Co Ltd: Annual Financial Ratios
Table 7: Sino-Thai Engineering & Construction Public Co Ltd: Key Employees
Table 8: Sino-Thai Engineering & Construction Public Co Ltd: Key Employees Continued
Table 9: Italian-Thai Development PCL: key facts
Table 10: Italian-Thai Development PCL: Annual Financial Ratios
Table 11: Italian-Thai Development PCL: Key Employees
Table 12: Italian-Thai Development PCL: Key Employees Continued
Table 13: Unique Engineering and Construction Public Co Ltd: key facts
Table 14: Unique Engineering and Construction Public Co Ltd: Annual Financial Ratios
Table 15: Unique Engineering and Construction Public Co Ltd: Key Employees
Table 16: CH. Karnchang Pcl: key facts
Table 17: CH. Karnchang Pcl: Annual Financial Ratios
Table 18: CH. Karnchang Pcl: Key Employees
Table 19: Thailand size of population (million), 2016-20
Table 20: Thailand gdp (constant 2005 prices, $ billion), 2016-20
Table 21: Thailand gdp (current prices, $ billion), 2016-20
Table 22: Thailand inflation, 2016-20
Table 23: Thailand consumer price index (absolute), 2016-20
Table 24: Thailand exchange rate, 2016-20

List of Figures

Figure 1: Thailand construction industry value: $ million, 2016-20
Figure 2: Thailand construction industry category segmentation: % share, by value, 2020
Figure 3: Thailand construction industry geography segmentation: % share, by value, 2020
Figure 4: Thailand construction industry value forecast: $ million, 2020-25
Figure 5: Forces driving competition in the construction industry in Thailand, 2020
Figure 6: Drivers of buyer power in the construction industry in Thailand, 2020
Figure 7: Drivers of supplier power in the construction industry in Thailand, 2020
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Thailand, 2020
Figure 9: Factors influencing the threat of substitutes in the construction industry in Thailand, 2020
Figure 10: Drivers of degree of rivalry in the construction industry in Thailand, 2020