THAILANDSICThailand Standard Industrial Classification

TSIC Activity

47521

Retail sale of metal products

ประกอบกิจการค้า วัสดุก่อสร้าง อุปกรณ์และเครื่องมือใช้ในการก่อสร้าง เครื่องมือช่างทุกประเภท สี เครื่องมือทาสี เครื่องตกแต่ง อาคาร เครื่องเหล็ก เครื่องทองแดง เครื่องทองเหลือง เครื่องเคลือบ เครื่องสุขภัณ

What this activity covers

Companies in this sector retail general metal products, including tools and construction materials.

  • Hand tools — Retail of various hand tools
  • Construction metal products — Includes items like door locks, nails, and screws
  • Hardware products — Retail of general hardware items
  • Metal retailing — Selling metal products directly to consumers

What companies here also do

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

  • Wholesale metal parts — Importing and selling metal components
  • Trade construction equipment — Selling tools and machinery for construction
  • Retail electrical appliances — Selling electrical tools and devices

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.

1,132
active companies operate here
฿6.9Bregistered capital, combined
฿32.3B
Sector revenue · 2025
-18% since 2023
฿1.0B
Net profit · 2025
583 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
20%of new registered capital is foreign-held
฿4.0M foreign฿15.7M Thai

Foreigners are actively investing in this activity.

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

New in 2026

16-33.3%

registrations, YTD

Registered capital

฿6.9B-1.1%

since year-end

Largest by revenue

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

  1. 1SKF (Thailand) Co., Ltd.intl฿2.5B
  2. 2Lertwilai & Sons Co., Ltd.฿1.2B
  3. 3TT Fuji Tool Support Co., Ltd.฿1.0B
  4. 4Namchai Jaroen Co., Ltd.฿936.3M
  5. 5Kriangkamol 2009 Co., Ltd.฿912.7M

Largest by registered capital

  1. 1KAN KHAO PASUT CO., LTD.Bangkok฿500.0M
  2. 2JK (Thai) Diamond Tools Co., Ltd.intlRayong฿408.0M
  3. 3Kriangthai Watthana Group Co., Ltd.Bangkok฿250.0M

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.

153
Registered
since 2022
146
Still active
7
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2020peak 42 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