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Bangkok Post

Business

Last-mile delivery set to grow by up to 15%

Kasikorn Research Center KResearch e-commerce Thailand

Last-mile delivery business is forecasted to grow this year in line with the rise of e-commerce.

Thailand's last-mile delivery business is expected to grow 10-15% to 98 billion baht in 2022 despite intense competition and rising fuel costs, says Kasikorn Research Center (K-Research).

But the growth will be slower than in 2021, which saw a surge of 41%, whipped up by the pandemic-induced lockdowns and a shift in people's shopping behaviour towards the online realm.

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