THAILANDSICThailand Standard Industrial Classification

TSIC Activity

47722

Retail sale of perfumeries in specialized stores

ประกอบธุรกิจจำหน่ายสินค้าประเภทสปา น้ำหอม เครื่องสำอาง และสินค้าสมุนไพร

What this activity covers

Companies in this sector sell perfumes and related aromatic products through retail stores.

  • Perfumes — Retail of various types of perfumes
  • Essential Oils — Retail of essential oils for various uses
  • Incense Products — Retail of incense sticks and related items
  • Scented Candles — Retail of candles with fragrances
  • Aromatic Products — Retail of a range of aromatic items

What companies here also do

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

  • Wholesale Activities — Selling products in bulk to retailers
  • Online Retail — Selling products through online platforms
  • Spa Products — Retail of products used in spa treatments
  • Personal Care Products — Retail of cosmetics and personal care items

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.

397
active companies operate here
฿904.3Mregistered capital, combined
฿7.2B
Sector revenue · 2025
+27% since 2023
฿251.1M
Net profit · 2025
148 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
29%of new registered capital is foreign-held
฿14.0M foreign฿34.6M Thai

Foreigners are strongly represented in new investment under this activity.

New in 2026

37-9.8%

registrations, YTD

Registered capital

฿904.3M+12.1%

since year-end

Largest by revenue

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

  1. 1Simrise Co., Ltd.฿2.5B
  2. 2Helmet Kelt Co., Ltd.฿332.4M
  3. 3Niew Saeng Thong Trading฿265.1M
  4. 4Kim Huat Co., Ltd.฿259.0M
  5. 5Voke Uptown Co., Ltd.฿242.4M

Largest by registered capital

  1. 1Simrise Co., Ltd.Bangkok฿102.6M
  2. 2Ajmal International Trading Co., Ltd.Bangkok฿46.0M
  3. 3Thai Sanguan Wat Chemical Co., Ltd.Bangkok฿40.0M

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.

178
Registered
since 2022
165
Still active
13
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 46 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