THAILANDSICThailand Standard Industrial Classification

TSIC Activity

47112

Discount stores/Supercenters/Hypermarkets

ประกอบกิจการจำหน่ายสินค้า อุปโภค บริโภค อาหารเสริม และเครื่องสำอาง

What this activity covers

Retail stores offering a wide range of essential and general products at low prices, alongside additional services.

  • Discount stores — Retail outlets focusing on low-priced essential products
  • Supercenters — Large retail spaces combining grocery and general merchandise
  • Hypermarkets — Massive retail stores selling groceries and non-food items
  • Pharmacies — In-store pharmacies providing health-related products
  • Food courts — Dining areas within the retail space offering various food options

What companies here also do

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

  • Department stores — Retail outlets selling a wide variety of goods
  • Shopping centres — Complexes housing multiple retail stores and services
  • Wholesale goods — Selling products in bulk at discounted prices

Foreign ownership

List 3: Restricted, FBL/BOI route availableinherited from 47

Retail sale of goods of all kinds, where the aggregate minimum capital or 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 retailer is exempt from this List 3 item (no Foreign Business Licence needed) once registered capital meets the Act's minimum, typically THB 100 million in total and THB 20 million per store. Verify current ministerial-regulation figures.

FBA B.E. 2542, List 3 (14)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.

286
active companies operate here
฿12.7Bregistered capital, combined
฿145.4B
Sector revenue · 2025
-75% since 2023
฿1.4B
Net profit · 2025
135 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
44%of new registered capital is foreign-held
฿4.0M foreign฿5.0M Thai

Based on few new registrations this year — read as a rough signal only.

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

New in 2026

2-75.0%

registrations, YTD

Registered capital

฿12.7B-44.6%

since year-end

Largest by revenue

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

  1. 1Big C Supercenter Public Company Limited฿111.6B
  2. 2OfficeMate (Thai) Co., Ltd.intl฿7.4B
  3. 3Siam Vichgo Co., Ltd.฿5.0B
  4. 4Yala Seven Co., Ltd.฿3.3B
  5. 5Tang Ngie Soon Superstore Co., Ltd.฿2.0B

Largest by registered capital

  1. 1Big C Supercenter Public Company LimitedBangkok฿8.3B
  2. 2OfficeMate (Thai) Co., Ltd.intlBangkok฿691.5M
  3. 3Big C Food Service Co., Ltd.Bangkok฿600.0M

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.

71
Registered
since 2022
64
Still active
7
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 28 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