Cross-border transport, the shipment of bulky goods, integrated logistics services and cold chain delivery are regarded as blue ocean fields for parcel delivery operators to tap into amid immense competition in the segment, says the Economic Intelligence Center (EIC) of Siam Commercial Bank (SCB).

According to an analysis report by the EIC on the parcel delivery industry in Thailand, the market is expected to grow 17% year-on-year to 106 billion baht in 2022, albeit slower growth than a year before.