THAILANDSICThailand Standard Industrial Classification

TSIC Activity

46493

Wholesale of leather goods and travel accessories

ประกอบกิจการขายส่งและขายปลีกสินค้าและผลิตภัณฑ์เครื่องหนัง กระเป๋าเดินทาง กระเป๋า และเครื่องแต่งกาย

What this activity covers

Companies in this sector wholesale leather goods, including luggage and travel accessories.

  • Leather luggage — Wholesale of various types of luggage
  • Handbags — Wholesale of handbags and similar articles
  • Saddlery and harness — Wholesale of saddlery and harness products
  • Pet toys — Wholesale of leather pet toys
  • Leather watch straps — Wholesale of leather watch straps
  • Other leather articles — Wholesale of miscellaneous leather items

What companies here also do

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

  • Retail sales — Retail of leather goods and bags
  • Import and export — Import and export of leather goods
  • Brokerage services — Acting as a broker for brand-name bags

Not included here

  • Wholesale leather clothing View 46414 activities
  • Wholesale leather shoes View 46415 activities

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.

373
active companies operate here
฿1.6Bregistered capital, combined
฿5.7B
Sector revenue · 2025
-31% since 2023
฿-89737600
Net profit · 2025
152 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
31%of new registered capital is foreign-held
฿9.0M foreign฿20.3M Thai

Foreigners are strongly represented in new investment under this activity.

New in 2026

12-25.0%

registrations, YTD

Registered capital

฿1.6B+7.6%

since year-end

Largest by revenue

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

  1. 1Narai Intertrade Co., Ltd.฿615.8M
  2. 2Carnival Supply Co., Ltd.฿483.9M
  3. 3BNG Corporation Co., Ltd.฿458.2M
  4. 4D. Goodline Trading฿371.2M
  5. 5Pao Li Lai International Co., Ltd.฿290.1M

Largest by registered capital

  1. 1SONGMONT TRADING (THAILAND) CO., LTD.intlBangkok฿100.0M
  2. 2Bangkok Handicraft Center Co., Ltd.Bangkok฿100.0M
  3. 3Leather Square Co., Ltd.Bangkok฿100.0M

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.

99
Registered
since 2022
91
Still active
8
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 30 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