TSIC Activity

47895

Retail sale via stalls and markets of pharmaceutical and medical goods, perfumeries and toilet preparations

ประกอบกิจการจัดจำหน่ายสินค้าทั้งค้าปลีกและค้าส่งกลุ่มผลิตภัณฑ์เครื่องหอม ผลิตภัณฑ์น้ำมันหอมระเหย ผลิตภัณฑ์น้ำมันนวด(ยา) ผลิตภัณฑ์เกี่ยวกับความงาม และผลิตภัณฑ์สกัดจากวัสดุธรรมชาติที่ให้กลิ่นหอมทุกประเภ

What this activity covers

Companies engage in retail sales of pharmaceuticals, medical supplies, and cosmetics at stalls and markets.

  • Pharmaceuticals — Retail of pharmaceutical products
  • Medical Supplies — Retail of medical supplies and first aid kits
  • Cosmetics — Retail of cosmetics and toilet preparations
  • Fragrances — Retail of fragrances and perfumes
  • Essential Oils — Retail of essential oils and scented products

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.

277
active companies operate here
฿927.5Mregistered capital, combined
฿5.6B
Sector revenue · 2025
+43% since 2023
฿290.6M
Net profit · 2025
100 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
1%of new registered capital is foreign-held
฿100K foreign฿19.7M Thai

Almost entirely Thai-held — little foreign capital enters here.

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

New in 2026

21+600.0%

registrations, YTD

Registered capital

฿927.5M+0.3%

since year-end

Largest by revenue

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

  1. 1Merz Healthcare (Thailand) Co., Ltd.intl฿3.1B
  2. 2K.H. Roberts (Thailand) Co., Ltd.intl฿427.2M
  3. 3Wan Heng Group Co., Ltd.฿378.1M
  4. 4Rueng Thong Pharmacy Co., Ltd.฿261.1M
  5. 5Kim San International Co., Ltd.฿215.8M

Largest by registered capital

  1. 1Alliance Pharmaceuticals (Thailand) Co., Ltd.intlBangkok฿102.0M
  2. 2Max Ventures Co., Ltd.Bangkok฿100.0M
  3. 3Touch Good Health Co., Ltd.Bangkok฿50.0M

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.

110
Registered
since 2022
98
Still active
12
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 36 in 20222026

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