THAILANDSICThailand Standard Industrial Classification

TSIC Activity

46414

Wholesale of clothing

ประกอบกิจการผลิต นำเข้า จำหน่าย ผ้า ผ้าแฟชั่น เสื้อผ้าแฟชั่น ด้าย ครื่องนุ่งห่ม เสื้อผ้าสำเร็จรูป เครื่องแต่งกาย เครื่องประดับกาย เครื่องสำอาง เครื่องใช้และเครื่องมือเสริมความ

What this activity covers

Wholesale of clothing for all demographics and various materials, including fur and knitted fabrics.

  • Men's clothing — Wholesale of clothing specifically for men
  • Women's clothing — Wholesale of clothing specifically for women
  • Children's clothing — Wholesale of clothing specifically for children and infants
  • Fur articles — Wholesale of clothing and articles made of fur
  • Knitted clothing — Wholesale of clothing made of knitted and crocheted fabrics
  • Clothing parts — Wholesale of parts of clothing made of various materials

What companies here also do

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

  • Retail clothing — Retail of ready-made clothing
  • Trade accessories — Trade in clothing accessories
  • Import/export goods — Import and export of finished goods and fashion items
  • Sportswear wholesale — Wholesale of sportswear

Foreign ownership

List 3: Restricted, FBL/BOI route availableinherited from 46

Wholesale of goods of all kinds, where the minimum capital per store is below the level prescribed in the Act

Not a hard restriction — only applies while under-capitalised. A foreign-majority wholesaler is exempt from this List 3 item (no Foreign Business Licence needed) once minimum registered capital reaches the Act's threshold, typically THB 100 million per store. Verify current ministerial-regulation figures.

FBA B.E. 2542, List 3 (15)Routes: Foreign Business Licence, BOI promotion, 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.

3,061
active companies operate here
฿14.5Bregistered capital, combined
฿53.4B
Sector revenue · 2025
-14% since 2023
฿1.1B
Net profit · 2025
961 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
48%of new registered capital is foreign-held
฿317.0M foreign฿344.3M Thai

Foreigners are strongly represented in new investment under this activity.

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

New in 2026

316+69.9%

registrations, YTD

Registered capital

฿14.5B+3.6%

since year-end

Largest by revenue

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

  1. 1Adidas (Thailand) Co., Ltd.intl฿8.8B
  2. 2Nike (Thailand) Co., Ltd.intl฿5.0B
  3. 3Kittithun Co., Ltd.฿1.8B
  4. 4Pacifica Retail Co., Ltd.฿1.8B
  5. 5Gentlewoman Co., Ltd.฿1.7B

Largest by registered capital

  1. 1Adidas (Thailand) Co., Ltd.intlBangkok฿620.0M
  2. 2Aeterna Imperium Group Co., Ltd.Bangkok฿518.0M
  3. 3Star Fashion (2551) Co., Ltd.Bangkok฿450.0M

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.

1,396
Registered
since 2022
1,296
Still active
100
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 345 in 20242026

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