Our expert team has studied Bangkok based upon changing market trends, demand & supply of products & services, government schemes & policies and have identified, traditional as well as new emerging business opportunities, and collected a few potential & profitable business ideas. And prepared a “Market Research & Opportunity Analysis Report for the Bangkok”.
Bangkok is the capital of Thailand located in the Central part of the country that covers a total area of 1,568 sq.km. and it is the 73rd largest city globally. Its population is estimated to be 10.7 million in the year 2021 that ranks it as the 31st most populous city in the world and has 15.36% population of the country.
The city is in the delta of Chao Phraya river that empty into the Gulf of Thailand which is 25 km. from the city centre. The closest mountain range from the city is the Khao Khiao Massif i.e. 40 km. to the southeast. The climate is tropical savanna with 3 seasons – hot, rainy and cool.
The GRP i.e. Gross Regional Product of Bangkok and its vicinities is THB 87,60,280 million (US$ 281.8 billion) i.e. 52.3% of total GDP of the country in the year 2021. It ranks 46th in the list of the richest cities in the world.
The sector-wise contribution to GRP of each sector is as agriculture 0.6%, industrial 22.3% and service 77.1%. The industrial sector has different activities as manufacturing; electricity, gas, stem supply; water supply and mining. In the service sector the wholesale and retail trade contributes 21% of the total GDP of the city followed by finance and insurance activities (10.7%), transportation and storage (7.8%), accommodation and food service activities (7.5%).
The city is divided in 6 zones which are Rajchaprasong a shopping district, Rattanakosin Island an oldest part of the city, Sukhumvit is main street with number of shopping zones and restaurants, Silon is a business street, Chatuchak is a zone of business, trading and services and Yaowarat is an age-old downtown with many businesses.
The government of Bangkok provides full support to businesses and has implemented various initiatives as issue a manufacture permits within 10 days, minimum tax duties between 10 to 30%, The digital Bangkok 4.0 program, the eastern economic corridor.
Business ideas for the Bangkok consist of
- Food processing businesses as agro and seafood processing
- Healthcare businesses as IV fluid, First Aid kits manufacturing
- Tech businesses as fintech, edtech, e-commerce apps
- Service businesses as event management, transport
We have done market research and analysis and come up with the best business opportunities in Bangkok that are focusing on present situations. The ideas are based on the availability of resources and have huge growth potential in this country.
What I will get from this report?
- You will get researched based business ideas for the region.
- You will get geographical, demographical, and market data.
- You will get the market insights & dynamics (growth drivers, opportunities, threats, restraints).
- You will get the demand-supply matrix which will show the market potential.
- Most importantly you will get key details for each business idea.
Key questions answered in the report: –
- Which are the most profitable businesses in the selected locations?
- What are the major drivers, trends, restraints, threats, and opportunities of business ideas?
- What Infrastructure is available in a selected location.
All these and many more questions will be answered in the report with detailed information.
Why one should get this innovative report?
- This is the most innovative format of the report which helps you make the decision about the business idea on the basis of information provided.
- Most systematically researched and constructed report.
- Prepared by experts and professionals from the industry.
How I can order this report?
- You can ask for all business planning reports related to the subject.
- Drop a line about your interest to info@meticulousbplans.com
- OR fill up the inquiry form.
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