Thailand Freight and Logistics Market Booming to Surpass USD 90 Billion by 2031

Published | 28 March 2025

Thailand Freight and Logistics Market is flourishing, primarily due to economic growth, government infrastructure investments, e-commerce expansion, strategic location, and foreign direct investment.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Thailand Freight and Logistics Market size by value at USD 55.29 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Thailand Freight and Logistics Market size to boom at a robust CAGR of 7.23% reaching a value of USD 90.13 billion by 2031. The Freight and Logistics Market in Thailand is experiencing robust growth, driven by several key factors. The government's substantial investments in infrastructure, such as the USD 25.2 billion allocated to 36 projects including road, rail, airport, and seaport developments, aim to position Thailand as a transportation hub within ASEAN. The rapid expansion of the e-commerce sector, propelled by a significant increase in internet users, has heightened the demand for efficient logistics services. Additionally, Thailand's strategic location and participation in the ASEAN Economic Community have attracted foreign investments, further enhancing its logistics capabilities. Further, the development of high-speed rail links, such as the planned connection to China expected to be operational by 2030, underscores Thailand's commitment to becoming a pivotal logistics hub in the region.

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Opportunity – Growing Adoption of Green Logistics

Thailand Freight and Logistics Market is experiencing significant growth, due to the increasing adoption of green logistics practices. Rising environmental concerns and stringent government regulations on carbon emissions are driving logistics companies to invest in eco-friendly transportation, such as electric trucks, fuel-efficient fleets, and sustainable packaging. Additionally, the expansion of rail and waterway transport to reduce road congestion and carbon footprints is gaining momentum. E-commerce growth and global supply chain sustainability commitments are further pushing businesses to integrate energy-efficient warehousing and digital tracking systems to optimize routes and reduce fuel consumption. As Thailand moves toward carbon neutrality goals, green logistics is becoming a key differentiator for companies seeking to enhance operational efficiency and sustainability in the market.

Freight Transport Segment Leads Thailand Freight and Logistics Market

The freight transport segment is the largest mode of transport in Thailand Freight and Logistics Market. This dominance is driven by significant infrastructure developments, including nearly 80 transportation projects such as port developments and multimodal transport facilities. Thailand's strategic location, bridging Europe, the Middle East, and Africa, further enhances this segment's prominence. The government's Vision 2030 aims to expand port handling capacity to 370 million metric tons from the current 120 million metric tons, alongside developing new railway networks and improving road infrastructure to bolster freight transport capabilities.

Impact of Escalating Geopolitical Tensions on Thailand Freight and Logistics Market

Escalating geopolitical tensions could impact the growth of Thailand Freight and Logistics Market by disrupting trade routes, increasing shipping costs, and causing supply chain delays. Rising fuel prices due to global conflicts drive up transportation expenses, affecting overall logistics efficiency. Trade restrictions and sanctions can reduce import-export volumes, particularly with key partners like China and the United States. Additionally, uncertainties in global markets weaken investor confidence, potentially slowing infrastructure investments in Thailand’s logistics sector. Supply chain diversification efforts may increase demand for regional trade routes and multimodal transport solutions, benefiting Thailand as a logistics hub. However, prolonged tensions could strain port operations, air freight capacity, and overall supply chain resilience, challenging Thailand’s position as a Southeast Asian trade and logistics gateway.

Competitive Landscape

Thailand Freight and Logistics Market is highly fragmented, with numerous players serving the market. Major companies dominating the market include CEVA Logistics, DB Schenker, Nippon Express, Expeditors, Yusen Logistics, FedEx Corporation, DHL Group, Kuehne + Nagel, Bolloré Logistics, UPS Supply Chain Solutions, and Agility Logistics. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in Thailand Freight and Logistics Market.

Don’t miss the business opportunity in Thailand Freight and Logistics Market. Consult our analysts to gain crucial insights and facilitate your business growth.

The report's in-depth analysis provides information about growth potential, upcoming trends, and Thailand Freight and Logistics Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Thailand Freight and Logistics Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

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