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Bangkok Post
Bangkok Post
Business

Food deliveries set to decline next year

Food delivery drivers travelling on Phloenchit Road in Bangkok. (Photo: Nutthawat Wicheanbut)

The value of Thailand's food delivery market is expected to decline by between 0.8% and 6.5% next year as people return to a normal lifestyle and eat out more, says Kasikorn Research Center (K-Research).

The market value is expected to total 81-86 billion baht in 2023, but this still exceeds pre-pandemic levels, partly driven by the use of apps to order food, marketing campaigns, and an increase in payment per order, the research house said.

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