Thailand B2C E-Commerce Market 2014

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A new publication from Hamburg-based secondary research organization yStats.com, “Thailand B2C E-Commerce Market 2014“, reveals that Thailand is among the fastest growing digital markets in South East Asia. Smartphone penetration and usage in Thailand has been growing rapidly in the past few years, more than doubling between 2012 and 2013 and showing one of the fastest growth rates worldwide. Internet connectivity also has been growing gradually. Thailand is behind some of its neighbors, such as Malaysia, in terms of Internet penetration, however, it is number one in the region in terms of online audience engagement.

Transcript of Thailand B2C E-Commerce Market 2014

THAILAND B2C E-COMMERCE MARKET

2014

June 2014

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General Information

Product Details

Language: English

Format: PDF & Power Point

Number of Pages/Charts: 56

Covered Countries/Regions: Thailand

Prices

Single User License: 950 (excl. VAT)

Site License: 1,900 (excl. VAT)

Global Site License: 2,850 (excl. VAT)

Questions Answered in This Report

How is B2C E-Commerce evolving in Thailand?

How high is the penetration of online shoppers on various demographic groups in Thailand?

What are major trends in development of B2C E-Commerce in this country?

Who are the leaders of different online shopping segments market in Thailand?

Thailand B2C E-Commerce Market 2014

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B2C E-Commerce in Thailand shows a promising future

While only a small double-digit share of Internet users makes purchases over the Internet in online shops, a

significant share do so through social networks and on mobile. Thailands online audience actively uses social network

users; Bangkok is the top city in the world in number of Facebook accounts. More than half of social network users

have participated in social commerce at least once, and over 20% use social networks with online shopping as the

primary purpose.

Thailand is the second only to China in the Asia-Pacific region In terms of mobile shopper penetration, Shopping via

mobile messaging apps is very popular in Thailand. One such popular app, Line, has over 5 million accounts

participating in mobile flash sales which it runs in cooperation with prominent brands, such as Maybelline, and online

shops, such as Tarad.com. Such sales have proved to be a huge success, with some promotions selling out in a

matter of minutes.

Cash on delivery remains the dominant payment method in Thailand, accounting for as much as two thirds of

transactions in some online shops, but online payments are on the rise. The number of credit cards owned by

consumers in Thailand is increasing steadily, with the share of E-Commerce on total credit card payments reaching a

small double-digit percentage share. Online payments via banks are also growing, increasing almost by 50% last

year. Assuring Internet users of the safety of online payment transactions and data entries on E-Commerce websites

could further increase consumer willingness to shop online, as fear of fraud is the main reason for the majority of

Internet users to not buy online.

Interestingly, political unrest that resulted in the shutdown of the countrys capital and other cities in January 2014

and continued for several weeks has proved to be a trigger for online shopping. Some online retailers reported a

surge in their website traffic and purchases during the turmoil.

Major E-Commerce players in Thailand are spread across different segments such as online marketplaces, pure B2C

and multi-channel retail. The fragmented E-Commerce competition landscape features many players, with models

such as B2C and C2C marketplaces, online retailers, auctions, and classifieds.

Online marketplaces and classifieds are popular among online shoppers in Thailand, The three segment leaders,

Olx.co.th, Weloveshopping.com and Tarad.com, each belong, respectively to major Internet service provider

Sanook.com, telecommunications company True Corp and Japanese E-Commerce giant Rakuten.

In the pure B2C segment, online department store Lazada and online clothing and beauty retailer Zalora are among

the leaders. An emerging B2C player is WhatsNew, with online shops Venbi.com (goods for children) and Petloft.com

(pet food and products). Store-based merchants are also active in the online market, including the two largest

retailers CP All with its online shop Shopat7.com and Central Retail though online shops Central.co.th, Robinson.co.th,

Powerbuy.co.th and others.

Thailand B2C E-Commerce Market 2014

Key Findings

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1. MANAGEMENT SUMMARY

2. OVERVIEW & INTERNATIONAL COMPARISONS

B2C E-Commerce Overview and Comparisons, 2014

Share of B2C E-Commerce on Total Retail Sales of Goods, in %, Compared to Selected Countries in

South East Asia, 2011 & 2016f

Internet User Penetration, in % of Population, Compared to Selected Countries in Asia, 2012

Average Time Spent Online, in Hours, Compared to Selected Countries in South East Asia, March 2013

Retail Category Reach, in % of Internet Users, and Average Time per Visitor on Retail Category, in

Hours, Compared to Selected Countries and Worldwide, March 2013

Smartphone Penetration, in % of Urban Residents, Compared to Selected Countries, 2012 & 2013

Mobile Shopper Penetration, in % of Respondents, Compared to Selected Countries in Asia-Pacific,

December 2013

Top 3 Product Categories in B2C E-Commerce, Compared to Selected Countries in South East Asia,

2013

3. TRENDS

M-Commerce Trends, 2014

The Share of Mobile on Total Online Traffic, in %, July 2012 & July 2013

Social Media in E-Commerce Trends and Major Activities Carried Out in Social Media, in % of Social

Media Users, May 2013

4. SALES

B2C E-Commerce Sales, in THB billion, and in % Year-on-Year Change, 2009 - 2012

B2C E-Commerce Sales and Forecast, in USD billion, and in % Year-on-Year Change, 2009 - 2015f

B2C E-Commerce Sales and Forecasts, in THB billion, by Comparative Estimates, Ranked by CAGR in

%, 2012 - 2015f

5. SHARES

Share of B2C E-Commerce on Total Retail Sales of Goods, in %, 2011 & 2016f

Thailand B2C E-Commerce Market 2014

Table of Contents (1 of 2)

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6. USERS / SHOPPERS

Online Shopper Overview and Trends, 2014

Number of Internet Users, in millions and in % Penetration on Total Population, 2009 - 2013

Mobile Phone, Internet and Computer Penetration, in % of Total Population, by Region, 2012

Devices Used to Access Internet, in % of Internet Users, 2012 & 2013

Breakdown of Internet Users, by Age Group, in %, March 2013

Breakdown of Internet Users, by Gender, in %, March 2013

Breakdown of Internet Users, by Monthly Household Income, in %, May 2013

Online Activities, in % of Internet Users, May 2013

Online Shopper Penetration, by Gender, Age and Region, in % of Internet Users, May 2013

Online Shopper Penetration by Monthly Household Income Group, in % of Internet Users, May 2013

Reasons for Not Shopping Online, in % of Internet Users, 2013

7. PRODUCTS

Product Categories Purchased Online via Social Media, in % of Online Shoppers Buying via Social

Media, May 2013

8. PAYMENT METHODS

Value and Volume of Online Payment, in BHT billion and in millions, by Bank, Non-Bank and Total,

2010 - 2013

Value and Volume of Mobile Payment, in BHT billion and in millions, by Bank, Non-Bank and Total,

2010 - 2013

Number of Credit Cards, in millions and in % Growth, 2009 - 2013

The Share of E-Commerce on Total Credit Card Payment Transactions, in %, 2011 & 2012

9. PLAYERS

Overview of E-Commerce Players, 2014

Most Visited Websites in Retail Category, by Unique Visitors, in Millions, March 2013

Breakdown of E-Commerce Businesses, by Segment, in %, May 2013

Used Channels of Communication with Customers, in % of E-Commerce Companies, May 2013

Overview of Leading E-Commerce Marketplaces, by Website Rank, June 2014

Overview of Leading Direct-to-Consumer B2C E-Commerce Companies, by Website Rank, June 2014

Thailand B2C E-Commerce Market 2014

Table of Contents (2 of 2)

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Samples

Thailand B2C E-Commerce Market 2014

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General Methodology of our Market Reports:

This report includes the results of secondary market research: By using various sources we ensure maximum

objectivity for all obtained data. As a result companies get a precise and unbiased impression of the market

situation.

This report covers the B2C E-Commerce market. It takes into account a wide definition of B2C E-Commerce, and

might include mobile commerce and social commerce. B2B E-Commerce and C2C E-Commerce are not included,

unless stated otherwise.

Cross referencing of data was conducted in order to ensure validity and reliability.

Besides providing information on the specific topic, every chart contains an Action Title, which summarizes the

main statement of the chart and a Sub Title, which gives information about the country, the topic, the unit or

currency, and the time period the data on the chart refers to.

Furthermore, the source of information and its release date are provided on every chart. It is possible that the

information included in one chart is derived from several sources. Then, all sources are mentioned on the chart.

This report also includes rankings. Within these rankings, it is possible that the total amount adds up to more

than 100%. If this is the case, multiple answers were possible, and this is then mentioned in the note of the

chart.

If available, additional information about the data collection, for