THAILANDSICThailand Standard Industrial Classification

TSIC Activity

46415

Wholesale of footwear

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

What this activity covers

Wholesale of various types of footwear and their components.

  • Footwear wholesale — Wholesale of all kinds of footwear
  • Footwear components — Wholesale of components of footwear
  • Uppers and parts — Wholesale of uppers and parts of uppers
  • Heels and parts — Wholesale of outer and inner parts, heels, etc.

What companies here also do

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

  • Retail footwear — Selling footwear directly to consumers
  • Import/export footwear — Trading footwear internationally
  • Wholesale clothing — Wholesale of clothing and wearable accessories

Not included here

  • Wholesale of leather goods and travel goods See activities 46493

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.

312
active companies operate here
฿2.7Bregistered capital, combined
฿8.9B
Sector revenue · 2025
-12% since 2023
฿229.4M
Net profit · 2025
117 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
42%of new registered capital is foreign-held
฿12.0M foreign฿16.6M Thai

Foreigners are strongly represented in new investment under this activity.

New in 2026

16+100.0%

registrations, YTD

Registered capital

฿2.7B-29.3%

since year-end

Largest by revenue

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

  1. 1Asics (Thailand) Co., Ltd.฿1.7B
  2. 2Nanyang Marketing Co., Ltd.฿1.4B
  3. 3Gold City Footwear Co., Ltd.฿862.6M
  4. 4Bangkok Athletic Co., Ltd.฿463.9M
  5. 5S.C.S. Footwear Co., Ltd.฿326.6M

Largest by registered capital

  1. 1NOBLE FOOTWEAR (THAILAND) CO., LTD.intlBangkok฿440.0M
  2. 2Gold City Footwear Co., Ltd.Samut Sakhon฿260.0M
  3. 3Bangkok Athletic Co., Ltd.Bangkok฿200.0M

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.

77
Registered
since 2022
69
Still active
8
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 25 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