Construction Market in Thailand Projected to grow at 7.99% CAGR during 2018-2022

A new research document with title 'Construction Market in Thailand 2018-2022' covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions and important players/vendors such as ITALIAN-THAI DEVELOPMENT, CH. Karnchang, TTCL Public Company, etc. The report will help user gain market insights, future trends and growth prospects for forecast period to 2022.

HTF’s analysts forecast the construction market in Thailand to grow at a CAGR of 7.99% during the period 2018-2022.

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HTF recognizes the following companies as the key players in the construction market in Thailand: ITALIAN-THAI DEVELOPMENT, CH. Karnchang, TTCL Public Company, Sino -Thai Engineering & Construction, Unique Construction and Engineering, and STP&I.

Commenting on the report, an analyst from HTF’s team said: “One trend in the market is growth in prefab constructions. Prefabricated construction involves the assembly of the components or units of a building structure, which are manufactured in a controlled facility and then transported to the construction site. It refers to any building or structure, whose sections have been manufactured under factory conditions, and then assembled at the construction site to create the complete house, buildings or structure.”

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According to the report, one driver in the market is rising investment in public infrastructure projects. The Thai government has been heavily investing in public infrastructure development projects in the recent years, which is expected to remain one of the major factors driving growth in the country’s construction market.

Further, the report states that one challenge in the market is construction labor and materials shortage. Thailand’s construction market is heavily dependent on foreign labor and material imports to run the industry. But, the country is currently facing challenges due to a shortage of manual labor and supply of construction materials, which may hinder the future growth in the construction market.

Table of Contents

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

• Market ecosystem

• Market characteristics

• Market segmentation analysis

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PART 05: MARKET SIZING

• Market definition

• Market sizing 2017

• Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

• Bargaining power of buyers*

• Bargaining power of suppliers

• Threat of new entrants

• Threat of substitutes

• Threat of rivalry

• Market condition

....Continued

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