THAILANDSICThailand Standard Industrial Classification

TSIC Activity

46439

Wholesale of other cultural and recreation goods, not elsewhere classified

ประกอบกิจการค้าขาย พระเครื่อง เครื่องราง วัตถุมงคล ของเก่า ของสะสม

What this activity covers

Wholesale of various cultural and recreational goods, including handicrafts and souvenirs.

  • Thai handicrafts — Wholesale of products like silverware, nielloware, and lacquerware
  • Souvenirs — Wholesale of items such as antiques, art objects, and collectibles
  • Cultural products — Wholesale of religious products, stamps, and coins
  • Folk handicrafts — Wholesale of traditional crafts and artisanal goods
  • Miscellaneous items — Wholesale of other cultural and recreational products not classified elsewhere

What companies here also do

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

  • Retail sales — Selling cultural and recreational products directly to consumers
  • Promotional items — Designing and producing gifts and promotional products
  • Tourist souvenirs — Selling souvenirs specifically targeted at tourists
  • Antiques trading — Trading in antiques and collectibles

Not included here

  • Wholesale of sporting two-wheeled and three-wheeled bicycles. See activities 46433

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.

519
active companies operate here
฿2.1Bregistered capital, combined
฿5.6B
Sector revenue · 2025
+1% since 2023
฿175.2M
Net profit · 2025
180 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
24%of new registered capital is foreign-held
฿4.0M foreign฿12.8M Thai

Foreigners are actively investing in this activity.

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

New in 2026

16-11.1%

registrations, YTD

Registered capital

฿2.1B-1.1%

since year-end

Largest by revenue

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

  1. 1Sino Inter Development Co., Ltd.฿398.4M
  2. 2Jia Ying Trading Co., Ltd.฿335.1M
  3. 3Eastern Chinaware Co., Ltd.฿333.1M
  4. 4Banyan Tree Gallery (Thailand) Co., Ltd.intl฿208.5M
  5. 5Ta Tour Supply System Co., Ltd.฿203.3M

Largest by registered capital

  1. 1B.N. Farm Group Co., Ltd.Phetchabun฿253.5M
  2. 2D & T.F.S. Co., Ltd.Bangkok฿200.0M
  3. 3Banyan Tree Gallery (Thailand) Co., Ltd.intlBangkok฿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.

124
Registered
since 2022
112
Still active
12
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 32 in 20222026

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