THAILANDSICThailand Standard Industrial Classification

TSIC Activity

15121

Manufacture of luggage and handbags

ประกอบกิจการค้า ผ้า ผ้าทอจากใยสังเคราะห์ ด้าย ด้ายยางยืด เส้นใยไนล่อน ใยสังเคราะห์ เส้นด้ายยืด เครื่องนุ่งห่ม เสื้อผ้าสำเร็จรูป เครื่องแต่งกาย เครื่องประดับกาย ถุงเท้า ถุงน่อง เครื่องหนัง รองเท้า กระเ

What this activity covers

This activity involves the manufacture of luggage, handbags, and similar products from various materials.

  • Luggage manufacturing — Production of various types of luggage
  • Handbag production — Creation of handbags from different materials
  • Bag manufacturing — General production of bags, including travel bags
  • Textile bags — Manufacture of bags made from textile materials
  • Plastic bags — Production of bags made from plastic sheets
  • Watch straps — Manufacture of non-metal watch straps

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Manufacturing accessories — Production of luggage parts and accessories
  • Import and export — Trading in luggage and bag products

Not included here

  • Manufacture of watch straps made of precious metals. See activity 32111.
  • Manufacture of watch straps made from non-precious metals. See activity 32120.

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

445
active companies operate here
฿4.0Bregistered capital, combined
฿12.4B
Sector revenue · 2025
+2% since 2023
฿-184111461
Net profit · 2025
199 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
0%of new registered capital is foreign-held
฿0 foreign฿7.7M Thai

Almost entirely Thai-held — little foreign capital enters here.

1 of the 5 largest companies here are foreign-owned Thailand subsidiaries.

New in 2026

10-44.4%

registrations, YTD

Registered capital

฿4.0B+6.5%

since year-end

Largest by revenue

Latest filed-year revenue, not a multi-year total

  1. 1Hennyway (Thailand) Co., Ltd.฿1.5B
  2. 2T.W.T. Manufacturing Co., Ltd.฿1.3B
  3. 3ITP (Thailand) Co., Ltd.intl฿1.2B
  4. 4You Tour (Thailand) Co., Ltd.฿661.9M
  5. 5Wintech Luggage (Thailand) Co., Ltd.฿555.1M

Largest by registered capital

  1. 1Hennyway (Thailand) Co., Ltd.Chon Buri฿388.0M
  2. 2T.W.T. Manufacturing Co., Ltd.Chon Buri฿250.0M
  3. 3Wintech Luggage (Thailand) Co., Ltd.Nakhon Pathom฿164.0M

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

113
Registered
since 2022
105
Still active
8
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 31 in 20232026

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

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