THAILANDSICThailand Standard Industrial Classification

TSIC Activity

47222

Retail sale of non-alcohol beverages in specialized stores

ประกอบกิจการค้า ผัก ผลไม้ หน่อไม้ พริกไทย พืชสวน บุหรี่ ยาเส้น เครื่องดื่ม น้ำดื่ม น้ำแร่ น้ำผลไม้ สุรา เบียร์ อาหารสด อาหารแห้ง อาหารสำเร็จรูป อาหารทะเลบรรจุกระป๋อง เครื่องกระป๋อง เครื่องปรุงรสอาหาร

What this activity covers

This activity involves the retail sale of various non-alcoholic beverages in specialised stores.

  • Natural mineral water — Retail of bottled natural mineral and drinking water
  • Carbonated drinks — Retail of soda and other carbonated beverages
  • Coffee and tea — Retail of coffee, tea, and ready-to-drink herbal teas
  • Juices — Retail of vegetable, fruit, and cereal juices
  • Energy drinks — Retail of energy and sports drinks

What companies here also do

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

  • Baked goods — Selling baked items alongside beverages
  • Online retail — Selling beverages through online platforms
  • Wholesale activities — Engaging in wholesale beverage sales

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.

1,786
active companies operate here
฿5.2Bregistered capital, combined
฿33.0B
Sector revenue · 2025
-30% since 2023
฿1.4B
Net profit · 2025
774 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
4%of new registered capital is foreign-held
฿7.0M foreign฿178.8M Thai

Largely domestic, with some foreign investment.

New in 2026

158+167.8%

registrations, YTD

Registered capital

฿5.2B+9.5%

since year-end

Largest by revenue

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

  1. 1Yakult Sales (Bangkok) Co., Ltd.฿5.1B
  2. 2Serichai A S and D Co., Ltd.฿1.7B
  3. 3J. Sermsub Co., Ltd.฿1.6B
  4. 4Malitharnthip Co., Ltd.฿1.5B
  5. 5Wanpen Asia Drink Co., Ltd.฿1.2B

Largest by registered capital

  1. 1CB Distribution Co., Ltd.Bangkok฿595.0M
  2. 2TC-Trading and Leasing Co., Ltd.Bangkok฿240.0M
  3. 3Akrawari 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.

564
Registered
since 2022
513
Still active
51
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 132 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