Published in Real Estate and Construction category by MBA Skool Team
Siam Cement is one of the leading brands in the real estate and construction sector. Siam Cement SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of Siam Cement:
Comprises of over 100 companies and operates in 5 business groups
Was ranked among the largest cement company in Thailand by Forbes2000
Successfully completed more than 100 years of operations
Handles over 60,000+ product items
Most companies in the Group have been accredited with ISO 9002 certification for quality management, ISO 14001 certification for environmental management, and TIS 18001 certification for occupation health and safety management
Concern for CSR initiatives as a part of their values
Above are the strengths in the SWOT Analysis of Siam Cement. The strengths of Siam Cement looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Siam Cement Weaknesses
Lesser global presence as compared to the competitors
Low brand awareness in countries outside Thailand
Brand associated with Cement production, but deals in other construction materials also. So they need to do brand awareness activities
These were the weaknesses in the Siam Cement SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Siam Cement Opportunities
Expansion into other countries
Competitors growing strongly in Asian and European countries, SCG can look for acquisitions in these companies
Opportunities in developing countries
Above we covered the opportunities in Siam Cement SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Siam Cement Threats
Economic downturn might impact new projects
Environmental regulations keep changing and are different for various countries. These might impact cement business
Tough competition in the cement and other sectors
The threats in the SWOT Analysis of Siam Cement are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Committed to the concept of Fair practice to all the parties
Siam Cement STP
Country wise, Rural and Urban areas, Builders and Consumers
Cement Dealers and Builders in Urban Regions
Trusty worthy quality products( as it believes in concept of fair practice)
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