What is the current Thailand Luxury Goods Market size?

The Thailand Luxury Goods Market is projected to register a CAGR of 6.15% during the forecast period (2024-2029) Read More

Who are the key players in Thailand Luxury Goods Market?

Moet Hennessy Louis Vuitton (LVMH), Hermes International SA, Chanel SA, The Swatch Group Ltd and Kering SA are the major companies operating in the Thailand Luxury Goods Market. Read More

What years does this Thailand Luxury Goods Market cover?

The report covers the Thailand Luxury Goods Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Thailand Luxury Goods Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Thailand Luxury Goods Industry - Analysis, Brands & Size

Thailand Luxury Goods Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Thailand Luxury Goods Market Trends & Key Players and it is Segmented by Type (Clothing and Apparel, Footwear, Bags, Jewelry, Watches, and Other Accessories); and by Distribution Channel (Single-branded Stores, Multi-brand Stores, Online Retail Stores, and Other Distribution Channels). The market size and forecasts are provided in terms of value (USD million) for the above segments.

Thailand Luxury Goods Industry Overview

The Thailand luxury goods market is highly competitive with the presence of various companies. Some of the major players in the market are LVMH Moët Hennessy, Chanel SA, Hermès International SA, and Kering SA. Emphasis is given to the merger, expansion, acquisition, and partnerships of the companies along with the new product development as a strategy adopted by the leading companies to boost their brand presence among consumers. In October 2019, Louis Vuitton Thailand, the renowned fashion house, launched its maiden store in Phuket. The new store is located in the Central Phuket mall which is characterized by its distinctive interiors - a perfect mix of local elements and international spirit. Players in the market are diversifying their products and expanding their distribution circles, and they are experimenting and advertising through online channels to acquire a competitive edge in the market.