Manufacturing Companies in Thailand: Count and Revenue (2026)
In short
Thailand has 230,396 registered manufacturing companies as of 2 July 2026, about 11.6 percent of all classified firms. Yet manufacturing carries 32.8 percent of the country's reported revenue, roughly 25.2 trillion baht. That gap between a modest share of companies and a large share of revenue is what makes manufacturing the heavyweight of the Thai economy.
How big is Thai manufacturing?
Manufacturing counts 230,396 registered companies (DBD, 2026), which places it third by company number behind wholesale and retail and construction. On revenue the ranking flips. Manufacturers report about 25.2 trillion baht, or 32.8 percent of all company revenue in Thailand, while making up only 11.6 percent of firms. The sector earns a 4.38 percent net margin and a 9.8 percent return on equity, both healthier than the high-volume trading sectors.
Manufacturing versus the largest sectors
- Wholesale and retail35
- Manufacturing25
- Financial and insurance4
- Transportation2
- Construction2
Figures in trillion baht of revenue.
Manufacturing trails wholesale and retail on company count but rivals it on revenue.
Manufacturing at a glance
| Measure | Value |
|---|---|
| Registered companies | 230,396 |
| Share of classified firms | 11.6% |
| Reported revenue (trillion THB) | 25.2 |
| Share of national revenue | 32.8% |
| Net profit margin | 4.38% |
Key manufacturing-sector figures, as of 2 Jul 2026.
Why manufacturing punches above its weight
The reason is scale per firm. A factory ties up far more capital and books far more revenue than a small shop or a subcontractor, so a comparatively small number of manufacturers moves an outsized share of money. This is the backbone of Thailand's export economy, spanning autos, electronics, food processing and petrochemicals. When people describe Thailand as a regional production hub, this is the sector they mean, and the numbers back the description.
Definitions
- TSIC section C
- The manufacturing section of the Thailand Standard Industrial Classification, covering firms that physically make or process goods.
- Revenue per firm
- Average reported revenue divided across the companies in a sector, a rough gauge of how capital-heavy the sector is.
Assumptions
- Companies are assigned to manufacturing by their primary declared activity.
- Revenue covers only manufacturers that filed a financial statement.
Methodology
Manufacturing is TSIC section C. Company count is the number of registered firms whose primary activity falls in that section, and revenue is the sum of their latest reported annual revenue, both from the DBD registry as of 2 July 2026. Share of national revenue divides section C revenue by total reported revenue across all companies. Net margin is aggregate section net profit over aggregate section revenue.
How we verified this
- Manufacturing revenue share recomputed as 25,161,526,995,979 divided by 76,623,676,606,250, or 32.8 percent.
- Manufacturing count share recomputed as 230,396 divided by 1,986,489, or 11.6 percent.
- The revenue-share figure was confirmed to exceed the count-share figure, the sector's defining feature.
References
- Department of Business Development. (2026). Registered juristic persons and financial statement aggregates. Ministry of Commerce, Thailand. https://www.dbd.go.th/
Frequently asked questions
How many manufacturing companies are in Thailand?
About 230,396, roughly 11.6 percent of all classified companies.
What share of revenue does manufacturing generate?
Around 32.8 percent of all company revenue, or about 25.2 trillion baht, well above its share of firms.
Is manufacturing profitable in Thailand?
The sector runs a 4.38 percent net margin, healthier than the large trading and construction sectors.
Cite this page
Chatpong L. (2026). Manufacturing Companies in Thailand: Count and Revenue (2026). Max Data Insights. https://maxdatathailand.com/insights/manufacturing-companies-in-thailand-2026
Data & corrections
Download the data (CSV)Spot something off, or want to ask about the data? Email insights@maxsolutions.co.th. We publish corrections.
Written by
Chatpong L.Founder, Max Data, Max Solutions Co., Ltd.
Chatpong L. leads Max Data, a company-intelligence platform built on Thailand's official business registry. He writes about the structure of the Thai economy using primary registry data. His work covers company formation, industry concentration, and regional business activity.
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This page reports company-level and aggregate statistics only. It names no individuals and makes no claims about any person. Figures are provided for information and may be revised as source data updates.