Market Research in Thailand

Economic Transformation

Over the past four decades, Thailand has transformed from a low-income country into an upper middle-income economy, becoming a regional success story in social and economic development. Sustained growth, industrial expansion, and poverty reduction have positioned Thailand as a key player in Southeast Asia’s economic landscape.

2025 Economic Performance

In 2025, Thailand’s economy expanded by ~3.1%, reflecting gradual acceleration supported by stronger exports, recovering tourism, and resilient domestic consumption. Export growth rebounded alongside improving global demand, while the services sector—particularly tourism—continued its recovery. Private consumption remained a key driver, supported by stable employment conditions and government stimulus measures.

Growth Outlook & Investment Climate

Looking ahead, Thailand’s growth is expected to remain in the ~2.8–3.3% range, supported by infrastructure investment, digital transformation initiatives, and continued tourism inflows. With its strategic location at the heart of mainland Southeast Asia, competitive manufacturing base, and expanding digital economy, Thailand presents compelling opportunities for businesses seeking regional expansion.

Why Choose Vodus for Market Research in Thailand

Vodus Research empowers businesses with deep insights into Thailand’s evolving market landscape. Through partnerships with leading online publishers, we deliver real-time, actionable insights across diverse consumer segments. Leveraging advanced research methodologies and technology, we equip businesses with the intelligence needed to remain competitive and succeed in Thailand’s growing economy.

Thailand Key Insights 2025

Population:

71.6

Million

By Gender:

49%

Male

51%

Female

Ethnic Groups:

97.5%

Thai

1.3%

Burmese

1.1%

Other

Age Groups:

16.8%

0 – 14 yrs old

71.2%

15 – 64 yrs old

11.9%

65+ yrs old

Mobile Users:

99.5

Million

Internet Users:

65.4

Million

Key Growth Sectors

Tourism, Fintech, E-commerce

2.3%

GDP in 2025

10,000+

Startups

$53 Billion

Automotive Market

63 Million

Internet Users

Market Research in Thailand FAQ

What are the emerging trends in Thai consumer Spending?​

Emerging trends in Thai consumer spending include a shift towards digital and e-commerce, driven by increased internet use and a preference for convenience. Awareness of health and wellness is rising, leading to more spending on organic foods and fitness products, while sustainability is becoming important, with consumers seeking eco-friendly options. There’s also a growing preference for premium products and experiences, such as travel and dining, over material goods, especially among younger consumers.

What are the key cultural considerations for conducting online surveys in Thailand?

When conducting online surveys in Thailand, it’s important to consider the significance of hierarchy and respect in communication. Ensure that survey language and tone reflect cultural sensitivity, acknowledging local customs and festivals. Using the Thai language  Emphasizing the role of family and community in decision-making can also help frame questions in a way that resonates with respondents, ultimately leading to more meaningful and relevant insights.

How can companies effectively address diverse market segments in Thailand?

​Thailand's market includes diverse segments, from high-income urban consumers to rural populations, each with unique needs. Urban consumers often seek premium products that reflect their lifestyle, favoring brands that emphasize quality. In contrast, rural populations prioritize affordability and practicality, valuing local brands that address their specific challenges.

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