Thailand is entering a super-aging society. In 2030, more than 28% of the Thai population will be over 60 years old. The challenge is not just caring for the elderly, but also designing a "new life system" that allows service businesses to grow along with retirement income.

According to an analysis by LWS Wisdom and Solutions (LPN Group), there are 6 main businesses that will be the new pillars of the Thai economy in the next 10 years as follows:

1. Senior Living Community     A comprehensive housing project that emphasizes Universal Design and healthcare services, meeting the needs of both buying and renting, suitable for seniors who want to live independently.
2. Renovation for Senior Home     Renovating an existing home to accommodate retirement, such as ramps, handrails, and non-slip floors, is a booming business in Japan and is starting to gain traction in Thailand.
3. Pet Therapy     Pets have become "heart friends," a business that can be expanded into both animal therapy training and even hourly pet rentals.
4. Home Care     Home nursing and physical therapy services are growing rapidly among the elderly who cannot help themselves.
5. Elderly Tech     From smart homes, chatting robots, to telemedicine and fall alert systems, the technology market for the elderly is expanding rapidly.
6. Silver Tourism & Medical Wellness     Health tourism for healthy retirees, focusing on safe tours, hotels supporting healthy food, and anti-aging activities

A huge market of 2.2 trillion baht
     Kasikorn Research Center predicts that spending by Thai seniors will grow by an average of 5.3% per year, from 1.7 trillion baht (2024) to 2.2 trillion baht in 2029. Thailand is also seen as a global retirement destination that international seniors are looking for. From "population crisis" to "economic opportunity", the six service business groups are not just answering the needs of elderly care, but are also the driving force of Thailand's New Economy in the next decade.