eCommerce Industry in Thailand

Top Online Store
Top Category
Country
Online Share
10-15%

eCommerce Revenue

US$29,127m
2024

Growth

10-15%
2024

Growth Forecast

20-25%
24/25

Average Order Value

2024

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Thai eCommerce: Market Size & Growth

eCommerce Revenue by Year & Annual Growth Rate

The Thai eCommerce Market generated an eCommerce revenue of US$29,127m in 2024, reflecting an eCommerce growth rate of 10-15% compared to the previous year. Projections for 2025 see the eCommerce market trending toward a change of 20-25%.

Annual Revenue

US$29,127m
2024

Annual Growth Forecast

20-25%
24/25

eCommerce Market Size by Annual Revenue (in Million US$)

2022
2023
29,127
2024
2025
2026

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Monthly eCommerce Revenue & Growth

Online sales are subject to changes throughout a year that are determined by broader consumer habits, cultural preferences, and the general state of the economy. In the Thai eCommerce Market, monthly revenues in May of 2025 were US$2,949m. This represents a change of <0% from the previous month.

Revenue Current Month

US$2,949m
05/25

Growth from Previous Month

<0%
04/25-05/25

Monthly Revenue (in Million US$)

01/2025
02/2025
03/2025
04/2025
2,949
05/2025

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Thai eCommerce: Product Categories

In the Thai eCommerce Market, Electronics is the largest category, contributing 25% to the markets's total revenue. Among all eCommerce product categories, it holds the leading position in terms of revenue share and consumer demand.

Revenue Breakdown by Category

2024

Electronics (25%)

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Biggest Online Retailers in Thai eCommerce

The largest eCommerce retailer in the Thai eCommerce Market is central.co.th, with an online revenue of US$762m in 2024. Its revenue changed by 10-15% in 2024. Following in second place is shopee.co.th, followed by supersports.co.th in third place.

# 1
Biggest Category

Electronics

Biggest Country

Thailand

Growth 24/25

5-10%

Revenue

US$762m

# 2
shopee.co.thshopee.co.th
Biggest Category

Biggest Country

Growth 24/25

Revenue

# 3
Biggest Category

Biggest Country

Growth 24/25

Revenue

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Thai eCommerce Penetration: Online Market Share

The Thai eCommerce Market reached an online share of 10-15% in 2024. This eCommerce market share measures what percentage of revenues are generated through online channels. The online share is expected to reach 10-15% in 2025.

Online Share

10-15%
2024

Online Share Forecast

10-15%
2025

Online Share/eCommerce Market Share

2022
2023
10-15%
2024
10-15%
2025
2026

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Thai eCommerce: Conversion Funnel KPIs

In 2024, the add-to-cart rate for the Thai eCommerce Market was 9.0-9.5%, while the cart abandonment rate was 75.0-75.5%,. The eCommerce shopping statistics of consumers buying are used to benchmark performance for eCommerce retailers in the market.

9.0-9.5%2024
75.0-75.5%
2024

Conversion Rate

2024

Discount Rate

2024

Return Rate

2024

Averager Order Value

2024

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