Nina Jobst
Research expert covering South Korea
Apparel and footwear market in Thailand - statistics & facts
The apparel and footwear market in Thailand is built upon the country’s large textile industry, which consists of other sub-sectors such as the spinning industry, the synthetic fiber industry, the weaving industry, and the garment dyeing industry. Thailand has established itself as a popular hub for apparel production and garment outsourcing for brands across the globe, including fast fashion brands in Europe, due to the availability of low-cost labor and its production capabilities. In recent years, production has shifted towards higher quality items to meet new fashion trends and rising demand from domestic consumers. In 2024, forecast spending on clothing and footwear in Thailand was forecasted to reach over nine billion U.S. dollars.
