THAILANDSICThailand Standard Industrial Classification

TSIC Activity

47712

Retail sale of footwear in specialized stores

ประกอบกิจการค้าขายออนไลน์ (e-Commerce) ผ่านเว็บไซต์ แอปพลิเคชัน และแพลตฟอร์มโซเชียลมีเดียต่างๆ แต่ไม่ใช่ธุรกิจขายตรง หรือธุรกิจการตลาดแบบตรง

What this activity covers

This activity involves the retail sale of various types of footwear in specialised stores.

  • Men's footwear — Retail of shoes designed for men
  • Women's footwear — Retail of shoes designed for women
  • Children's footwear — Retail of shoes designed for children
  • Infants' footwear — Retail of shoes designed for infants
  • Leather footwear — Retail of shoes made from leather
  • Rubber and plastic footwear — Retail of shoes made from rubber or plastics
  • Footwear accessories — Retail of insoles and shoe parts

What companies here also do

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

  • Wholesale footwear — Selling footwear in bulk to retailers
  • Retail leather goods — Selling leather products alongside footwear
  • Trade health-related footwear — Selling footwear designed for health purposes

Not included here

  • Sports shoe retail store View 47630 activities
  • Used shoe retailer View 47742 activities

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.

337
active companies operate here
฿2.6Bregistered capital, combined
฿4.9B
Sector revenue · 2025
+21% since 2023
฿-198018918
Net profit · 2025
129 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
6%of new registered capital is foreign-held
฿2.0M foreign฿32.3M Thai

Largely domestic, with some foreign investment.

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

New in 2026

29+81.3%

registrations, YTD

Registered capital

฿2.6B+33.4%

since year-end

Largest by revenue

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

  1. 1Rich Sport Public Company Limited฿1.3B
  2. 2T.W. Group Import-Export Holding Co., Ltd.฿527.2M
  3. 3Choo Global Co., Ltd.฿323.1M
  4. 4Nay Sport Co., Ltd.฿151.3M
  5. 5R.M.L. (Thailand) Co., Ltd.intl฿150.6M

Largest by registered capital

  1. 1Rich Sport Public Company LimitedBangkok฿743.0M
  2. 2T.W. Group Import-Export Holding Co., Ltd.Bangkok฿400.0M
  3. 3Modethai Co., Ltd.Pathum Thani฿310.0M

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.

146
Registered
since 2022
138
Still active
8
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 49 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