Electronics Industry in Thailand

Top Online Store
Online Share
40-45%

eCommerce Revenue

US$8,049m
2024

Growth Forecast

15-20%
24/25

Growth

2024

Average Order Value

2024

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eCommerce Market Size & Growth

eCommerce Revenue by Year & Annual Growth Rate

The Thai Electronics eCommerce Market generated an eCommerce revenue of US$8,049m in 2024, reflecting an eCommerce growth rate of 15-20% compared to the previous year. Projections for 2025 see the eCommerce market trending toward a change of 15-20%.

Annual Revenue

US$8,049m
2024

Annual Growth Forecast

24/25

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

2022
2023
8,049
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 Electronics eCommerce Market, monthly revenues in April of 2025 were US$792m. This represents a change of 5-10% from the previous month.

Revenue Current Month

04/25

Growth from Previous Month

03/25-04/25

Monthly Revenue (in Million US$)

12/2024
01/2025
02/2025
03/2025
04/2025

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eCommerce Product Categories

In the Thai Electronics eCommerce Market, Consumer Electronics is the largest category, contributing 69% 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

Consumer Electronics (69%)

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Biggest Online Retailers

The largest eCommerce retailer in the Thai Electronics eCommerce Market is apple.com, with an online revenue of US$280m in 2024. Its revenue changed by 15-20% in 2024. Following in second place is central.co.th, followed by shopee.co.th in third place.

# 1
Biggest Category

Electronics

Biggest Country

United States

Growth 24/25

0-5%

Revenue

US$280m

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eCommerce Penetration & Online Market Share

The Thai Electronics eCommerce Market reached an online share of 40-45% in 2024. This eCommerce market share measures what percentage of revenues are generated through online channels. The online share is expected to reach 45-50% in 2025.

Online Share

40-45%
2024

Online Share Forecast

2026

Online Share/eCommerce Market Share

2022
2023
40-45%
2024
2025
2026

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eCommerce Transaction KPIs: Conversion Rate, Return Rate

In 2024, the add-to-cart rate for the Thai Electronics eCommerce Market was 7.0-7.5%, while the cart abandonment rate was 71.0-71.5%,. The eCommerce shopping statistics of consumers buying are used to benchmark performance for eCommerce retailers in the market.

Add-to-Cart Rate

7.0-7.5%2024

Cart Abandonment Rate

71.0-71.5%
2024

Conversion Rate

2024

Discount Rate

2024

Return Rate

2024

Averager Order Value

2024

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