Market Forecast By Product Type (Souvenirs and Novelty Items, Seasonal Decorations, Greeting Cards, Giftware, Other), By Distribution Channel (Online, Offline) And Competitive Landscape
Product Code: ETC043145 | Publication Date: Jul 2023 | Updated Date: May 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Thailand Gift Retailing Market |
Forecast period | 2025-2031 |
CAGR | 3.1% |
Growing Sector | Souvenirs & Novelty Items |
This report provides an in-depth analysis of the Thailand Gift Retailing Market, segmented by Distribution Channel and Product Type. It offers insights into market trends, growth drivers, challenges, and investment opportunities, enabling stakeholders to make informed decisions.
This growth is due to people having more money to spend, changing lifestyles, and the rise in fame of online shopping sites, which have helped gift shops in Thailand make more money.
According to 6Wresearch, the Thailand Gift Retailing Market is projected to grow at a CAGR of 3.1% during 2025–2031. Thailand's gift shop industry is growing because more and more people give gifts at holidays, celebrations, and important personal events. People want unique and culturally important gifts even more because the country has a lot of traditions and a thriving tourism industry.
But the market also has to deal with big problems. Retailers from all over the world are in a fierce battle with each other, which puts pressure on prices and profits. The changing cost of products and the need to find a balance between quality and price are still problems.
Some Notable Trends Include
Digital Transformation- The move towards online shopping has given people access to more gift items, such as personalised and unique items.
Personalisation- Gifts that are tailored to each person's tastes and interests are becoming more and more popular.
Sustainability- More and more people are looking for gifts that are good for the environment and will last.
Gifts Based on Experiences- Gifts that offer experiences, like trips or events, are becoming more popular.
Some Investment Opportunities include
Growth of e-commerce- Putting money into online sites is a good way to reach the growing number of people who buy things online.
Product diversification- You can get more customers if you sell a variety of items, such as personalised and eco-friendly gifts.
Strategic Partnerships- Working with local artists and foreign brands can help you make your products better and reach more customers.
Local and foreign stores that sell a lot of different gifts are big players in the market. Even though the sources don't give specific company names, the market is made up of many different stores that sell trinkets, novelty items, holiday decorations, greeting cards, and gifts.
The Thai government controls the retail sector with many rules meant to protect consumers, promote fair trade, and maintain high quality standards. Import-export controls, tax policies, and e-commerce rules are some examples of regulations that can affect how gift stores work.
The market is likely to keep growing because of digitalisation, the rise of e-commerce, and people's preferences for personalised and eco-friendly gifts. Retailers that focus on new ideas, the customer experience, and strategic relationships are likely to be able to beat their rivals.
The report provides a detailed analysis of the following market segments
According to Nitesh, Research Manager at 6Wresearch, Giftware is a big part of Thailand's gift retailing market, and it's doing very well thanks to cultural customs, new shopping trends, and more tourists. Thai giftware often shows off the country's rich culture by including arts, silk items, ceramics, and home decor that show off the country's skill.
Thailand's online gift shopping market has grown a lot in recent years. This is because more and more people are using e-commerce platforms and changing the way they shop to be more digital.
The report offers a comprehensive study of the subsequent market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Gift Retailing Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Gift Retailing Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Gift Retailing Market - Industry Life Cycle |
3.4 Thailand Gift Retailing Market - Porter's Five Forces |
3.5 Thailand Gift Retailing Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Gift Retailing Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Gift Retailing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Gift Retailing Market Trends |
6 Thailand Gift Retailing Market, By Types |
6.1 Thailand Gift Retailing Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Gift Retailing Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Gift Retailing Market Revenues & Volume, By Souvenirs and Novelty Items, 2021-2031F |
6.1.4 Thailand Gift Retailing Market Revenues & Volume, By Seasonal Decorations, 2021-2031F |
6.1.5 Thailand Gift Retailing Market Revenues & Volume, By Greeting Cards, 2021-2031F |
6.1.6 Thailand Gift Retailing Market Revenues & Volume, By Giftware , 2021-2031F |
6.1.7 Thailand Gift Retailing Market Revenues & Volume, By Other , 2021-2031F |
6.2 Thailand Gift Retailing Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Thailand Gift Retailing Market Revenues & Volume, By Online, 2021-2031F |
6.2.3 Thailand Gift Retailing Market Revenues & Volume, By Offline, 2021-2031F |
7 Thailand Gift Retailing Market Import-Export Trade Statistics |
7.1 Thailand Gift Retailing Market Export to Major Countries |
7.2 Thailand Gift Retailing Market Imports from Major Countries |
8 Thailand Gift Retailing Market Key Performance Indicators |
9 Thailand Gift Retailing Market - Opportunity Assessment |
9.1 Thailand Gift Retailing Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Gift Retailing Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Gift Retailing Market - Competitive Landscape |
10.1 Thailand Gift Retailing Market Revenue Share, By Companies, 2024 |
10.2 Thailand Gift Retailing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |