Apparel and footwear in 2024: The big picture
The apparel and footwear market in Thailand is expected to show improved performance in retail volume terms in 2024, driven by a recovery in international tourism and increased private consumption. A growing focus on health and fitness, coupled with the rise of hybrid work arrangements, has boosted demand for comfortable and versatile clothing options.
2024 key trends
The market for apparel and footwear is being positively influenced by rising levels of health consciousness among Thai consumers. Regular exercise and fitness routines have become a key part of daily life for many, driving demand for comfortable yet stylish clothing and footwear.
Competitive landscape
The apparel and footwear market in Thailand remains highly fragmented, with numerous international and domestic brands vying for share. In this competitive landscape, brands frequently rely on new product launches, collaborative capsule collections, and aggressive pricing promotions as key differentiation strategies.
Retailing developments
Consumers are increasingly returning to physical stores when shopping for apparel and footwear, particularly for branded items, for which they seek the tactile experience of trying on products. However, Thais still enjoy engaging with online platforms for brand updates, product reviews, and, of course, online shopping.
What next for apparel and footwear?
The apparel and footwear market in Thailand is expected to experience steady growth in retail value terms (at constant 2024 prices) over the forecast period, driven by increasing consumption, especially in the luxury segment. However, while demand for high-end brands is anticipated to remain strong, this growth will be predominantly concentrated in urban cities, which benefit from higher levels of consumer purchasing power.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Apparel and Footwear industry in Thailand with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Childrenswear
- Apparel and Accessories
- Menswear
- Womenswear
- Jeans
- Hosiery
- Footwear
- Sportswear
If you're in the Apparel and Footwear industry in Thailand, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Apparel and Footwear in Thailand report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Apparel and Footwear in Thailand?
- Which are the leading brands in Thailand?
- How are products distributed in Thailand?
- How is the rise of e-commerce shaping demand?
- What % of apparel and footwear sales are made via grocery retailers?
- Do consumers want premium quality or fast fashion?
- How will COVID-19 and recession impact demand?
- How important is sustainability in Apparel and Footwear in Thailand?
- Where is future growth expected to be most dynamic?
Apparel and Footwear in Thailand
Apparel and footwear in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for apparel and footwear?
DISCLAIMER
Childrenswear in Thailand
KEY DATA FINDINGS
Parents value both design and functionality when comes to childrenswear
Greater demand for second-hand childrenswear
Unbranded items gain ground as consumers face financial pressures
Childrenswear players will offer price discounts to capture consumers’ attention, but second-hand market could present obstacle to growth
Licenced characters will continue to appeal to young consumers
Omnichannel strategies will continue to gain traction
Apparel Accessories in Thailand
KEY DATA FINDINGS
Modest growth for apparel accessories in 2024
Strong presence on unbranded items results in fragmented and polarised market landscape
Fast-fashion trend boosts demand
Fashion trends will drive growth, although the growing popularity of casual wear in professional settings and the rise of second-hand items may impact sales
Recovery of tourism industry should boost demand
Online platforms will help to fuel demand
Menswear in Thailand
KEY DATA FINDINGS
Innovation drives growth in menswear market
Sustainable fashion gains momentum
E-commerce drives sales in menswear
Growth will be driven by innovation and inclusivity
Streetwear and other contemporary fashion trends will shape menswear market
Brands will embrace sustainability
Womenswear in Thailand
KEY DATA FINDINGS
Women’s’ fashion shifts towards greater versatility and inclusivity
Rising demand for sustainable womenswear
Pre-loved clothing gains traction
Womenswear market could face challenges in the form of macroeconomic factors
Athleisure and inclusivity will continue to shape the market
E-commerce will continue to play a significant role in the expansion of womenswear
Jeans in Thailand
KEY DATA FINDINGS
Stable demand for jeans, thanks to their versatility
Brands look to enhance customer experience, with store-based retail remaining key focus
Players continue to invest in e-commerce
Jeans will remain popular staple in Thai wardrobes
Product innovation will be key to driving sales
Sustainability will be key driver of change
Hosiery in Thailand
KEY DATA FINDINGS
Modest growth for hosiery, amid changing fashion trends and economic pressures
Players invest in new product development in attempt to drive recovery
Tourism recovery and health and wellness trend drive growth
Hosiery to see modest growth, led by health and wellness trends
Greater fragmentation expected, due to increasing number of unbranded, value-focused offerings
E-commerce will gain traction as price sensitivity continues to shape hosiery purchases
Footwear in Thailand
KEY DATA FINDINGS
Emphasis on new product development supports growth in footwear
Sustainability drives innovation, as local brands embrace eco-friendly solutions
Emerging demand for localised footwear options
More brands are expected to enter the footwear market
Innovative technologies and sustainability set to shape future product offerings
Brands to push pay-it-forward activities through CSR programmes
Sportswear in Thailand
KEY DATA FINDINGS
Sportswear enjoys strong performance, thanks to rising levels of health consciousness and more active lifestyles
Sustainability gains momentum in sportswear ?
Brands champion sports culture through community events and activities
Sportswear will see positive performance, driven by emergence of international brands, health and wellness trend and rise of athleisure
Sustainability and social responsibility initiatives will drive growth
Players will continue with omnichannel strategies
The following categories and subcategories are included:
Apparel and Footwear
-
-
- Baby and Toddler Wear
- Boys' Apparel
- Girls' Apparel
-
- Belts
- Gloves
- Hats/Caps
- Scarves
- Ties
- Other Apparel Accessories
-
-
- Men's Nightwear
-
-
- Economy Men's Jeans
- Standard Men's Jeans
- Premium Men's Jeans
- Super Premium Men's Jeans
-
- Men's Jackets and Coats
- Men's Jumpers
- Men's Shirts
- Men's Shorts and Trousers
- Men's Suits
- Men's Tops
- Other Men's Outerwear
-
- Men's Swimwear
- Men's Underwear
-
- Women's Nightwear
-
-
- Economy Women's Jeans
- Standard Women's Jeans
- Premium Women's Jeans
- Super Premium Women's Jeans
-
- Women's Dresses
- Women's Jackets and Coats
- Women's Jumpers
- Women's Leggings
- Women's Shirts and Blouses
- Women's Shorts and Trousers
- Women's Skirts
- Women's Suits
- Women's Tops
- Other Women's Outerwear
-
- Women's Swimwear
- Women's Underwear
-
-
- Nightwear
-
-
- Economy Jeans
- Standard Jeans
- Premium Jeans
- Super Premium Jeans
-
- Dresses
- Jackets and Coats
- Jumpers
- Leggings
- Shirts and Blouses
- Shorts and Trousers
- Skirts
- Suits
- Tops
- Other Outerwear
-
- Swimwear
- Underwear
-
- Sheer Hosiery
- Non-Sheer Hosiery
-
-
- Children's Footwear
- Men's Footwear
- Women's Footwear
-
-
- Performance Apparel
- Outdoor Apparel
- Sports-inspired Apparel
-
- Performance Footwear
- Outdoor Footwear
- Sports-inspired Footwear
-
Apparel and Footwear
Apparel is the aggregation of clothing and footwear. This dataset covers retail sales of apparel through both store-based retailers and non-store retailers. Excludes black market sales (i.e. untaxed, generated within informal retailing)and duty free sales (travel retail). Items must be new when sold to the consumer; second-hand/used items are excluded. Antique and/or vintage clothing and footwear is also excluded.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Apparel and Footwear research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!