| Product Code: ETC017505 | Publication Date: Jul 2023 | Updated Date: Mar 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Thailand import trend for the pumps market exhibited a notable growth rate of 33.93% from 2023 to 2024, with a compound annual growth rate (CAGR) of 3.45% from 2020 to 2024. This surge in imports can be attributed to the increasing demand for pumps in various sectors, indicating a positive momentum in import activities and a stable market for pump products in Thailand.

Thailand's Pumps market is anticipated to experience a stable growth rate of 4.50% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

The Thailand pumps market is expected to register a CAGR of 5.2% during the forecast period (2025-2031). Factors such as increasing investments in wastewater and sewage treatment infrastructure, growing industrialization, and rising concerns regarding water management are driving the growth of the market in Thailand. Furthermore, favorable government policies for energy efficiency further supplement industry expansion.
The Thailand government has been focusing on investing heavily in waste water treatment plants across urban areas with an aim to reduce pollution levels from rivers caused due to untreated domestic sewage discharge. For instance, Bangkok Metropolitan Administration invested US$ 76 million to upgrade its existing waste water treatment plant located at Bang Phlad district. This investment is expected to increase significantly over the coming years owing to rising concern towards environment protection from polluting activities carried out by industries and households that use sewers and septic tanks for their disposal needs. Thailand is one of the most industrialized countries in Asia-Pacific region with various sectors including automotive, electronics & electricals contributing significantly towards overall economic development which ultimately increases demand for pumps used within these industries for different applications such as cooling/lubrication or process transfer/control purposes. Moreover growing trends towards small scale manufacturing units have also increased demand among end user industries which further drives pump installation requirements thereby aiding market growth over forthcoming years.
Pumps require high capital investments associated with their installation cost along with additional costs related operational expenses due customer specific requirements thus leading higher prices resulting into cost sensitive customers opting other alternatives like manual labour instead of mechanized solutions provided by pumps thus hindering rapid adoption rates across industrial sector and limiting potential revenue generation opportunities available within this segment even though improving economical conditions combined with increasing consumer disposable income provide ample amount of future scope .
Thailand pumps market has been significantly impacted by the COVID-19 pandemic. The demand for pumps in Thailand is expected to decline due to weak economic conditions and supply chain disruptions caused by the virus outbreak. The construction, manufacturing, and agricultural sectors are experiencing a decline in investments as businesses struggle with liquidity issues. In addition, there has been a significant reduction in exports from Thailand due to global lockdowns and restrictions on trade.
The major players operating in the Thailand pumps market include Grundfos Pumps (Thailand) Co., Ltd., Wilo SE Asia Pacific Co., Ltd., Ebara Corporation (Thailand), Xylem Inc., KSB AG (Thailand), Sulzer Ltd./Pump Solutions Group, ITT Goulds Pumps/Xylem Inc.; Danfoss Industries A/S; Tsurumi Manufacturing Co., Ltd.; SPP Pumps International Limited; and Shimge Pump Industry Group Co., Ltd. These players have adopted various strategies such as product launches, partnerships & collaborations, mergers & acquisitions and expansions in order to remain competitive within the industry.
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 Pumps Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Pumps Market Revenues & Volume, 2022 & 2032F |
3.3 Thailand Pumps Market - Industry Life Cycle |
3.4 Thailand Pumps Market - Porter's Five Forces |
3.5 Thailand Pumps Market Revenues & Volume Share, By Product, 2022 & 2032F |
3.6 Thailand Pumps Market Revenues & Volume Share, By Position, 2022 & 2032F |
3.7 Thailand Pumps Market Revenues & Volume Share, By Driving Force, 2022 & 2032F |
3.8 Thailand Pumps Market Revenues & Volume Share, By Technology, 2022 & 2032F |
3.9 Thailand Pumps Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Thailand Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Pumps Market Trends |
6 Thailand Pumps Market, By Types |
6.1 Thailand Pumps Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Pumps Market Revenues & Volume, By Product, 2022-2032F |
6.1.3 Thailand Pumps Market Revenues & Volume, By Portable, 2022-2032F |
6.1.4 Thailand Pumps Market Revenues & Volume, By Stationary, 2022-2032F |
6.2 Thailand Pumps Market, By Position |
6.2.1 Overview and Analysis |
6.2.2 Thailand Pumps Market Revenues & Volume, By Submersible, 2022-2032F |
6.2.3 Thailand Pumps Market Revenues & Volume, By Non-submersible, 2022-2032F |
6.3 Thailand Pumps Market, By Driving Force |
6.3.1 Overview and Analysis |
6.3.2 Thailand Pumps Market Revenues & Volume, By Engine Driven, 2022-2032F |
6.3.3 Thailand Pumps Market Revenues & Volume, By Electrical Driven, 2022-2032F |
6.4 Thailand Pumps Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Thailand Pumps Market Revenues & Volume, By Centrifugal Pumps, 2022-2032F |
6.4.3 Thailand Pumps Market Revenues & Volume, By Diaphragm Pumps, 2022-2032F |
6.5 Thailand Pumps Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Thailand Pumps Market Revenues & Volume, By Mining, 2022-2032F |
6.5.3 Thailand Pumps Market Revenues & Volume, By Building & Construction, 2022-2032F |
6.5.4 Thailand Pumps Market Revenues & Volume, By Oil & Gas, 2022-2032F |
6.5.5 Thailand Pumps Market Revenues & Volume, By Industrial, 2022-2032F |
6.5.6 Thailand Pumps Market Revenues & Volume, By Municipal, 2022-2032F |
7 Thailand Pumps Market Import-Export Trade Statistics |
7.1 Thailand Pumps Market Export to Major Countries |
7.2 Thailand Pumps Market Imports from Major Countries |
8 Thailand Pumps Market Key Performance Indicators |
9 Thailand Pumps Market - Opportunity Assessment |
9.1 Thailand Pumps Market Opportunity Assessment, By Product, 2022 & 2032F |
9.2 Thailand Pumps Market Opportunity Assessment, By Position, 2022 & 2032F |
9.3 Thailand Pumps Market Opportunity Assessment, By Driving Force, 2022 & 2032F |
9.4 Thailand Pumps Market Opportunity Assessment, By Technology, 2022 & 2032F |
9.5 Thailand Pumps Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Thailand Pumps Market - Competitive Landscape |
10.1 Thailand Pumps Market Revenue Share, By Companies, 2025 |
10.2 Thailand Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here