The market value of business-to-business (B2B) e-commerce was forecast to reach around 1.1 trillion Thai baht in 2021. The market value for B2B e-commerce was expected to increase compared to 2020.
<
E-commerce market value
Together with the rapidly increasing number of internet users in Thailand, the e-commerce market has shown significant growth and the ability to meet trendy online shoppers over the past years. The e-commerce market value in Thailand was forecasted to grow continuously, reaching about 3.42 billion U.S. dollars in 2020.
Digital payment
Online shopping in Thailand has never been made easier, various online payment platforms were introduced to Thai spenders, providing convenience and swiftness to the e-commerce market even more. In 2019 alone, 28 new fintech and e-payment businesses were established in Thailand. In that same year, cash was the preferred online payment method among Thai consumers, accounting for around 60.8 percent.
E-commerce value in Thailand from 2018 to 2020 with a forecast for 2021, by type
(in trillion Thai baht)
Characteristic
2018
2019
2020
2021*
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
ETDA. (October 13, 2021). E-commerce value in Thailand from 2018 to 2020 with a forecast for 2021, by type (in trillion Thai baht) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1003739/thailand-e-commerce-value-type/
ETDA. "E-commerce value in Thailand from 2018 to 2020 with a forecast for 2021, by type (in trillion Thai baht)." Chart. October 13, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1003739/thailand-e-commerce-value-type/
ETDA. (2021). E-commerce value in Thailand from 2018 to 2020 with a forecast for 2021, by type (in trillion Thai baht). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1003739/thailand-e-commerce-value-type/
ETDA. "E-commerce Value in Thailand from 2018 to 2020 with a Forecast for 2021, by Type (in Trillion Thai Baht)." Statista, Statista Inc., 13 Oct 2021, https://www.statista.com/statistics/1003739/thailand-e-commerce-value-type/
ETDA, E-commerce value in Thailand from 2018 to 2020 with a forecast for 2021, by type (in trillion Thai baht) Statista, https://www.statista.com/statistics/1003739/thailand-e-commerce-value-type/ (last visited July 22, 2024)
E-commerce value in Thailand from 2018 to 2020 with a forecast for 2021, by type (in trillion Thai baht) [Graph], ETDA, October 13, 2021. [Online]. Available: https://www.statista.com/statistics/1003739/thailand-e-commerce-value-type/