In Thailand the DIY trend saw increased popularity among a minority of consumers who enjoy decorating or performing home improvements themselves. In 2014 there were many retailers offering DIY tool kit products for purchase, such as power tool or wall covering sets. However, despite this DIY is not practised by most Thais, with the majority employing professionals to perform complex tasks such as floor covering. Customers prefers to pay to have such jobs completed to a high standard by a professional, with the customer choosing the home improvement brand for quality control and cost management purposes.
Toa Paint (Thailand) Co Ltd led sales in 2014. The company’s sales rose by 4% to reach a value of Bt6.8 billion. The company also accounted for 14% of home improvement value share and 53% of home paint sales. The company aims to maintain its position as leader in home paints, increasing distribution via dealers with more than 5,000 stores across the country. The company collaborates with contractors and home specialists to introduce its products, and continues to develop the quality of and introduce new technology to its product.
Full Report Details at
Home improvement is expected to see a 2% constant value CAGR over the forecast period. The forecast period performance is expected to be slower than that seen over the review period. However, renovations home restorations are expected to continue to grow and see greater development than the new home build environment.
Home Improvement Market Research
Analyse key trends and developments in Thailand for all product categories, competitors and channels.
Evaluate the market position and financial performance of the leading national and international market players.
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)
You may also be interested in these related reports:
- Home Improvement in Mexico
- Home Improvement in Romania
- Home Improvement in China
- Home Improvement in Russia
- Home Improvement in Turkey
"Home Improvement in Thailand" now available at Fast Market Research
Contact Name: Bill Thompson
Contact Email: firstname.lastname@example.org
Contact Phone: 1-413-485-7001