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Market Research Cambodia

Want to know everything about what Cambodians think and feel?

Get consumer insights in Cambodia with our market research services. Make well-informed decisions with confidence and ease with our quality-driven methodology.

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A Cambodian woman and a display of market research and consumer insights and statistics.

A Better Way to Consumer Insights In Cambodia

Cambodia, with its rapidly emerging market, vibrant young population, and burgeoning middle class, presents a wealth of business opportunities.

However, as a complex and evolving market, it often lacks reliable and current information. Existing market research solutions are either prohibitively expensive or compromise on data quality and coverage.

At Standard Insights, we specialize in providing dependable market research services to assist brands and organizations in making informed decisions about their future.

With our unique approach, we have revamped essential market research services focusing on data quality and transparency. This enables our clients to access the highest quality insights, supporting their decision-making in Cambodia and beyond.

What You Can Expect From Us

Our experts will recommend the right methodology for your specific needs.

We take a unique approach to data quality, focusing solely on it. – Read more

Get respondents from across Cambodia, from Phnom Penh to rural regions and beyond.

Access our platform, where you can share and access all your projects and more. – Learn more

Effortlessly manage your data, apply filters, segment, and export in your preferred format.

We are here to help you navigate your research and support you at any stage of the process.

Understand the market landscape of Cambodia

Cambodia is a Southeast Asian country located in the southwestern region of the Indochinese Peninsula. It is bordered by Thailand to the west and northwest, Laos to the northeast, Vietnam to the east and southeast, and the Gulf of Thailand to the south. The country has an area of 181,035 km² and is divided into 25 provinces, which are further divided into districts and communes.

Capital

Phnom Penh

Population

16.59 Million

GDP 2021

$26.96 billion

Market Overview

Cambodia at a Glance

In the East Asia-Pacific region, Cambodia’s economy has been experiencing rapid growth, with a growth rate of 7% per year from 2010 to 2019. This makes it one of the world’s fastest-growing economies, driven by a robust manufacturing industry and increased foreign investment.

In 2022, Cambodia’s economy has been steadily recovering, with the services sector leading the way due to an increase in consumer demand. It is expected that the economy will grow by 5.2% in 2023. However, there are potential negative factors such as a possible decrease in external demand, global financial constraints, and another oil price shock. Read more on the state of inflation in Cambodia today.

On the positive side, China’s reopening presents an opportunity for Cambodia to enhance its travel and tourism industry and to attract more foreign investment.

Cambodia, as an ASEAN member since 1999 and a WTO member since 2004, boasts a highly open economy. Its key exports comprise gold, clothing, footwear, timber, and rubber, with clothing and petroleum oils being the primary imports. The United States, Japan, Singapore, and Japan are Cambodia’s major trading partners, while China, Thailand, and Vietnam account for a significant portion of its total imports.

Cambodia has become a popular tourist destination, offering iconic attractions like Angkor Wat, the bustling capital city of Phnom Penh, and serene beaches in Sihanoukville. In 2019, the country welcomed 6.61 million international tourists, highlighting its rich cultural heritage and natural beauty. Despite challenges from the global pandemic, Cambodia saw positive growth with 2.2 million international visitors in 2022, an 11% increase from the previous year. With ambitious goals, Cambodia aims to attract 4 million international tourists in 2023, showcasing its commitment to tourism development.

 

Cambodia has seen significant growth in internet usage, with 13.44 million internet users in January 2022 and an internet penetration rate of 78.8% of the total population. The number of internet users increased by 177 thousand (+1.3%) between 2021 and 2022, reflecting the country’s increasing connectivity and digital adoption. Cambodia’s investment in digital infrastructure is expected to drive further internet usage and penetration in the future.

As of 2022, Cambodia has roughly 12.3 million active social media users, representing around 73.9% of the eligible population. This number has seen a 5% increase from 2021 to 2022.

Over the past decade, Cambodia has witnessed a significant shift in its social media landscape, transitioning from Facebook being the sole accessible platform due to government restrictions to now having access to most international social media platforms within the country.

We have also been featured in...

Some of the leading news and media outlets in Cambodia. 

Resources

Explore our public insights in Cambodia

Blog Standard Insights

Blog & Reports

Enhance your knowledge with our complimentary online resources in Cambodia. 

Consumer Report 2023 Cambodia

Consumer Report

Download our PDF report, featuring insights from 1,000+ Cambodian respondents.

Let's Discuss Your Market Research Needs

Whether you have questions about our services, want to request a quote, or simply need more information, we are here to help. Contact us today and one of our representatives will get back to you shortly.