THAILANDSICThailand Standard Industrial Classification

TSIC Activity

31001

Manufacture of wood furniture

ประกอบกิจการรับจ้างผลิต และทำเครื่องเฟอร์นิเจอร์ รูปแบบโครงสร้างงานจากเหล็ก งานไม้ และวัสดุทุกประเภท

What this activity covers

Companies in this sector produce wooden furniture for various uses, including household and commercial applications.

  • Household furniture — Production of wooden furniture for home use, like tables and chairs.
  • Office furniture — Manufacture of wooden desks and storage units for offices.
  • School furniture — Creation of wooden desks and chairs for educational institutions.
  • Commercial furniture — Production of wooden furniture for shops and restaurants.
  • Furniture components — Manufacturing of parts for wooden furniture.

What companies here also do

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

  • Home decor — Manufacturing and selling decorative wooden products.
  • Furniture retail — Retail and wholesale of wooden furniture and decor.
  • Wood product distribution — Importing and exporting various wood products.

Not included here

  • Cutting and assembly that takes place in the production of timber frames, see subsection 16.
  • Blackboard Production View 28170 activities
  • Manufacture of seats for automobiles, trains and aircraft. See activities 29301, 30200 and 30300.
  • Production of rattan and bamboo furniture. See activity 31009.

Foreign ownership

List 2: Restricted, Cabinet routeinherited from 31

Timber processing for the production of furniture and utensils

Mapped broadly to wood processing and furniture manufacture divisions; the item is limited to timber processing for furniture and utensils.

FBA B.E. 2542, List 2, Chapter 3 (13)Routes: Cabinet permission, US Treaty of Amity

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Industry at a glance

as of 23 ก.ค. 69

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

1,019
active companies operate here
฿16.2Bregistered capital, combined
฿23.1B
Sector revenue · 2025
+4% since 2023
฿49.0M
Net profit · 2025
431 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
42%of new registered capital is foreign-held
฿52.5M foreign฿74.0M Thai

Foreigners are strongly represented in new investment under this activity.

New in 2026

60+71.4%

registrations, YTD

Registered capital

฿16.2B+6.7%

since year-end

Largest by registered capital

  1. 1GOLDEN HOME (THAILAND) CO., LTD.intlRayong฿3.5B
  2. 2GULFWELL TECHNOLOGY (THAILAND) CO., LTD.Chachoengsao฿700.0M
  3. 3Magnolia Home Furnishing (Thailand) Co., Ltd.Phetchaburi฿700.0M

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.

254
Registered
since 2022
240
Still active
14
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 67 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.

Emerhub

Restricted activity? There is usually a route.

Emerhub structures foreign-owned companies around FBA restrictions: Foreign Business Licence applications, BOI promotion, and compliant shareholding structures. Talk through your case before you commit to one.

Talk to Emerhub Thailand