Construction in Thailand

May 2026 | 45 pages | ID: C05ED64EA45EN
MarketLine

Abstracts

Summary

Construction in Thailand industry profile provides top-line qualitative and quantitative summary information including: market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The construction market includes both residential and non-residential construction. Market value refers to the total output value of construction activity in a specific year. Construction output value is defined as the total value of construction activity in any given period, including costs related to all materials, equipment, and services used.
• The Thai construction industry recorded a revenue of $25.3 billion in 2025, representing a negative compound annual growth rate (CAGR) of 0.3% between 2020 and 2025.
• The non-residential segment accounted for the industry's largest proportion in 2025, with total revenue of $16.4 billion, equivalent to 65.0% of the industry's overall value.
• In 2025, the Thai construction industry recorded a growth of 5.6%. The growth of the industry is primarily driven by rising demand for modern and efficient housing alongside the need to replace outdated properties.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in Thailand
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Thailand
• Leading company profiles reveal details of key construction market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Thailand construction market with five year forecasts

Reasons to Buy

• What was the size of the Thailand construction market by value in 2025?
• What will be the size of the Thailand construction market in 2030?
• What factors are affecting the strength of competition in the Thailand construction market?
• How has the market performed over the last five years?
• What are the main segments that make up Thailand's construction market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis
2.3. Market trends
2.4. Regulatory landscape

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What are the recent developments in the industry?

8 COMPANY PROFILES

8.1. Italian-Thai Development PCL
8.2. Sino-Thai Engineering & Construction Public Co Ltd
8.3. CH. Karnchang Pcl
8.4. Unique Engineering and Construction Public Co Ltd

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Thailand construction industry value: $ million, 2020-25
Table 2: Thailand construction industry category segmentation: % share, by value, 2020-25
Table 3: Thailand construction industry category segmentation: $ million, 2020-25
Table 4: Thailand construction industry geography segmentation: $ million, 2025
Table 5: Thailand construction industry value forecast: $ million, 2025-30
Table 6: Italian-Thai Development PCL: Key Facts
Table 7: Italian-Thai Development PCL: Annual Financial Ratios
Table 8: Italian-Thai Development PCL: Key Employees
Table 9: Sino-Thai Engineering & Construction Public Co Ltd: Key Facts
Table 10: Sino-Thai Engineering & Construction Public Co Ltd: Key Employees
Table 11: Sino-Thai Engineering & Construction Public Co Ltd: Key Employees Continued
Table 12: CH. Karnchang Pcl: Key Facts
Table 13: CH. Karnchang Pcl: Annual Financial Ratios
Table 14: CH. Karnchang Pcl: Key Employees
Table 15: Unique Engineering and Construction Public Co Ltd: Key Facts
Table 16: Unique Engineering and Construction Public Co Ltd: Annual Financial Ratios
Table 17: Unique Engineering and Construction Public Co Ltd: Key Employees
Table 18: Thailand Size of Population (Million), 2021-25
Table 19: Thailand Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 20: Thailand GDP (Current Prices, $ Billion), 2021-25
Table 21: Thailand Inflation, 2021-25
Table 22: Thailand Consumer Price Index (Absolute), 2021-25
Table 23: Thailand Exchange Rate, 2020-25

List Of Figures

LIST OF FIGURES

Figure 1: Thailand construction industry value: $ million, 2020-25
Figure 2: Thailand construction industry category segmentation: $ million, 2020-25
Figure 3: Thailand construction industry geography segmentation: % share, by value, 2025
Figure 4: Thailand construction industry value forecast: $ million, 2025-30
Figure 5: Forces driving competition in the construction industry in Thailand, 2025
Figure 6: Drivers of buyer power in the construction industry in Thailand, 2025
Figure 7: Drivers of supplier power in the construction industry in Thailand, 2025
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Thailand, 2025
Figure 9: Factors influencing the threat of substitutes in the construction industry in Thailand, 2025
Figure 10: Drivers of degree of rivalry in the construction industry in Thailand, 2025