THAILANDSICThailand Standard Industrial Classification

TSIC Activity

47713

Retail sale of leather articles in specialized stores (except footwear)

ประกอบกิจการ นำเข้า ซื้อ จำหน่าย ขายส่ง ขายปลีก สินค้าจำพวกกระเป๋าแฟชั่น ทั้งหญิงและชาย ที่ทำจากหนังเทียมและหนังอื่น ๆ

What this activity covers

Retail sale of leather and leather substitute goods, excluding footwear, in specialised stores.

  • Leather handbags — Retail of various types of leather handbags
  • Leather briefcases — Retail of leather briefcases and business bags
  • Leather wallets — Retail of leather wallets and purses
  • Travel goods — Retail of leather travel bags and luggage
  • Saddlery and harness — Retail of saddlery and harness made of leather
  • Leather accessories — Retail of various leather-related accessories

What companies here also do

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

  • Wholesale leather goods — Wholesale activities related to leather products
  • Import leather products — Importing leather goods for retail

Not included here

  • Leather clothing retail store View activities 47711
  • Leather shoe retail store View 47712 activities
  • Leather watch strap retail store View 47731 activities
  • Pet Toy Retail Store View 47734 activities
  • Used Leather Retail Store 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.

348
active companies operate here
฿1.8Bregistered capital, combined
฿15.4B
Sector revenue · 2025
-50% since 2023
฿1.8B
Net profit · 2025
142 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
30%of new registered capital is foreign-held
฿6.0M foreign฿13.7M Thai

Foreigners are strongly represented in new investment under this activity.

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

New in 2026

17+6.3%

registrations, YTD

Registered capital

฿1.8B+9.2%

since year-end

Largest by revenue

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

  1. 1Sung Onore (Bangkok) Co., Ltd.฿9.2B
  2. 2Samsonite (Thailand) Co., Ltd.intl฿1.9B
  3. 3Pacifica Elements Co., Ltd.฿1.3B
  4. 4Maniya Concepts Co., Ltd.฿349.6M
  5. 5PP Glam Co., Ltd.฿231.5M

Largest by registered capital

  1. 1Fendi (Thailand) Co., Ltd.intlBangkok฿485.3M
  2. 2Ital Siam Co., Ltd.Bangkok฿170.0M
  3. 3Sung Onore (Bangkok) Co., Ltd.Bangkok฿120.0M

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.

98
Registered
since 2022
87
Still active
11
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 27 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