Bangkok Bank's Bnomics column says Thailand's share of people aged 65+ is about 15%, versus 30% in Japan and 20% in South Korea. The article expects more demand for healthcare, long-term care, health food, health insurance, travel and specialised products aimed at older customers. It also says an ageing workforce pushes firms toward automation. For a small business, this is a signal to think about who your older customers are and what they need over the next few years, not a change to act on this quarter.
← Back to all articles