Thailand Catering Market is driven by Rising Number of Weddings, Mice Events and Tourists in the Country: Ken Research

1
Thailand Catering Market is driven by Rising
Number of Weddings, Mice Events and Tourists in
the Country Ken Research
2
Rising frozen food market, number of weddings,
corporate events, tourists, hospitals and schools
will drive the catering market in Thailand.
According to Ken Research report titled
Thailand Catering Market by Type (5 Star Hotels,
4 Star Hotels, 3 Star Hotels, Wedding Halls,
Inflight, Education, Healthcare, and Others)
Outlook to 2022, growing trend of destination
weddings organized in Thailand is further
projected to boost the requirement for catering
services in the country, adding to the growth of
hospitality caterers and pure-play catering
players in the country.
3

• Catering market in Thailand is at a mid growth
  stage with a continuous expectation of witnessing
  significant growth in the recent future.
  Expansions in caterers service portfolio to meet
  the changing preferences of various sectors
  across all regions of Thailand have led to a
  surge in the revenues of the overall catering
  industry. Growing tourism has significantly aided
  the market. The tourism industry has witnessed a
  continuous rise in the number of foreign tourists
  in the country over the last 15 years. Most
  international visitors in the country are from
  Asia Pacific region followed by the European
  tourists. Thailands capital city Bangkok is
  listed in the top 10 of the worlds most
  attractive cities to visit and saw an increase in
  the tourists from China, USA, India and the
  Middle East. Thailand witnessed over 32 million
  international visitors by in 2017.
• Strong growth rates in Thailands tourism
  industry have resulted in increased investments
  in the hotels of the country. Major players which
  have led to an expansion of the hotel industry of
  Thailand are

4

• Accor, InterContinental, Starwood and Marriot.
  Some of domestic hotel groups have also gained
  significant popularity over the recent past. Such
  players include Centara Hotels and Resorts, Dusit
  International and Minor International. Apart from
  Bangkok, Phuket, and Pattaya, the regions of Koh
  Lak, Krabi and Koh Samui are emerging as the
  preferred locations for setting up new hotels.
  The continuous rise in the number of hotels over
  the years has assisted in the growth of revenues
  generated by the catering companies operating in
  Thailand. Increasing number of hotels reflected
  more number of ballrooms and event spaces being
  constructed, thus expanding the customer base for
  caterers in the country overtime. Hotels and
  resorts usually generate higher cross business
  revenue from hosting corporate parties, private
  events and weddings ceremonies along with
  accommodating the guest in the rooms.
• There has been a continuous rise in the numbers
  of aircraft passengers in Thailand between 2012
  and 2016. This has proved

5
beneficial to in-flight catering services
providers. With the registration of more numbers
of passengers, the demand for caterers also
increases, owing to the food requirements of
passengers on board. Number of aircraft
passengers has inclined from 36.4 million in 2012
to 60.4 million in 2016. Key Topics Covered in
the Report Top Wedding Hotels Thailand Catering
business in Thailand Railway Catering Market
Thailand Number of Hotels Thailand Hotel Industry
Revenue Thailand Hospitality Industry Revenue
Thailand Wedding Package Thailand MICE Industry
Thailand Hospitality Market Thailand
6

• Wedding Planners in Thailand
• Number of MICE events Thailand
• Corporate Meetings Package Thailand
• Meal Menu In-flight Catering Thailand
• Major Wedding Halls Thailand
• Destination Wedding in Thailand
• Education Catering Thailand
• For more information on the research report,
  refer to below link
• https//www.kenresearch.com/food-beverage-and-toba
  cco/food-services/thailand-catering-market/142999-
  11.html
• Related Reports
• https//www.kenresearch.com/food-beverage-and-toba
  cco/food-services/saudi-arabia-catering-services-m
  arket/129370-11.html

7
https//www.kenresearch.com/food-beverage-and-toba
cco/food-services/uae-catering-services-market/129
798-11.html https//www.kenresearch.com/food-beve
rage-and-tobacco/food-services/qatar-catering-serv
ices-market/130092-11.html Contact Ken
Research Ankur Gupta, Head Marketing
Communications sales_at_kenresearch.com 91-124-42302
04
8
(No Transcript)