Iconic Market Research (Thailand)

🍜📱 Thailand's Food Delivery App Market: A Recipe for Success The Land of Smiles is experiencing a digital dining revolution! Here's what you need to know: Market size jumped from ฿35 billion in 2019 to ฿68 billion in 2020, with projections exceeding ฿100 billion by 2025. 🔑 Key players: Grab, foodpanda, Gojek, Robinhood, and LINE MAN Driving factors: ◾ Urbanization ◾ High smartphone penetration ◾ Traffic congestion ◾ Changing work culture ◾ COVID-19 impact Challenges include intense competition and thin profit margins, while opportunities lie in market expansion and technology integration. The future night bring consolidation, hyper-localization, and innovative tech solutions. For businesses and entrepreneurs, Thailand's food delivery scene is serving up a feast of opportunities. Are you ready to take a bite? Read more - https://lnkd.in/dYuUXGGE #ThailandFoodDelivery #DigitalInnovation #MarketInsights #FoodTech

🟠 Best Practices for Conducting Focus Groups in Thailand At Iconic Research, we've revolutionized focus groups for the Thai market. Here's what sets us apart: 1️⃣ Deep Cultural Understanding • Respecting 'face' and social harmony • Navigating hierarchy sensitively 2️⃣ Unique Methodology • Culturally-informed planning and participant selection • Thai-centric moderation techniques 3️⃣ Language Mastery • Thai-first policy with dialect sensitivity • Expert in-house translation 4️⃣ Insightful Analysis • Cultural context integration • Actionable, Thai-specific recommendations Whether you're a local brand or multinational entering Thailand, our approach delivers authentic, actionable insights. Ready to truly understand the Thai consumer? Let's connect! ➡ Read more: https://lnkd.in/gctFcRyS #MarketResearch #Thailand #FocusGroups #IconicResearch #ThaiConsumerInsights

Electric Vehicles Industry in Thailand 🚗 Key points 🔑 ◾ Thailand's Electric Vehicles market is projected to reach a revenue of US$1,103.0m in 2024. ◾ This market is expected to experience an annual growth rate (CAGR 2024-2028) of 5.06%, resulting in a projected market volume of US$1,344.0m by 2028. ◾ The unit sales of Electric Vehicles market in Thailand are expected to reach 27.32k vehicles in 2028. ◾ Furthermore, the volume weighted average price of Electric Vehicles market in Thailand is expected to be US$50.5k in 2024. ◾ Thailand is rapidly emerging as a key player in the electric vehicle market, with government incentives and a growing charging infrastructure driving significant adoption. 📌 Read more - https://bit.ly/48PZ1ZT