THAILAND MEDICAL DEVICES GATE TO FAR EAST
ASEAN (THE ASSOCIATION OF SOUTHEAST ASIAN NATIONS) is commonly considered on of the most important sanitary hubs in Asia. Healthcare sector is a flourishing branch of such market; products are generally imported and it represents a good option for investors and new projects.
Hospital Sector is the primary business for Medical Devices Importers in Thailand, with over 1.000 public and around 500 private hospitals, 65 of which accredited JCI.
Our Regulatory Department can register medical devices in Thai FDA, our logistic Department takes care of Import and warehousing, and your Sub-distributors Network sells through your desired channel.
THAILAND, WORLD LEADING MARKET
FOR DIETARY SUPPLEMENTS
Perspectives of Dietary Supplements market in Thailand
The Nutraceutical and Dietary Supplements market in Thailand is expected to grow 15-20% in the next five years.
Weight loss, sports nutrition and beauty supplements are leading such a fast growth. Thai people are eager to spend more on health due to the desire to look younger and the consciousness of a possible healthier and more balanced life.
Generally in provinces, lack of physical activity and the high consumption of sugar led to a prevalence of obesity and type 2 diabetes, which is increasing the demand for weight loss supplements and diabetes management over the years.Growth in wages, the purchasing power of households and full employment among the Kingdom (unemployment rate is 0,9%) are the main factors of a positive trend for the medium term.
Being such a good and profitable market (prices are high, being most of products imported) it’s worthed for foreign companies to evaluate a direct entrance in the market with a license holding program, where Kha Bangkok gets the registration (protecting the intellectual property), and manage the sales, that can be in three different channels: hospitals/clinics, Retail, e-commerce.
Contact us to know more.
Are you selling online food, dietary supplements, or retail medical device online and want to expand your market in Thailand?
Kha Bangkok has the solution for you.
Our One Stop Shop Service allows you to register, import, stock and deliver your products in Thailand through the major e-commerce platforms.
Let’s see the market in detail.
The eCommerce market in Thailand is currently the second largest in Southeast Asia and is expected to grow around 22% annually until 2020. With support from the Thai government, a “Digital Thailand” initiative, that started in 2016, has brought about a wave of opportunities for businesses across different industries to digitize their operations and services, especially for SMEs seeking to undergo digital transformation. As a result, cross-border market opportunities offer growth rates of approximately 25%, which is well above those found in most traditional retail markets. Cross-border B2C eCommerce is estimated to grow to $1 trillion in 2020.
Selling on line in Thailand can be safe and profitable, but the manufacturer must consider that Rules are strict and compliance must be respected. In order to do it, only two roads are walkable: opening your local branch in Thailand or using Kha Bangkok One Stop Shop Service. Two know more about it contact firstname.lastname@example.org