| Product Code: ETC321265 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for the Thailand crown closures market experienced a decline in growth from 2023 to 2024, with a rate of -13.25%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a positive 12.87%. This dip in growth could be attributed to shifting demand dynamics or changes in trade policies impacting market stability.
Crown closures are essential components in the beverage industry, particularly for sealing bottles of carbonated drinks and beer. The Thailand Crown Closures market has experienced consistent growth, in tandem with the beverage sector`s expansion. With the increasing popularity of bottled beverages, crown closures have maintained their significance, ensuring product freshness and safety.
The Thailand Crown Closures market is primarily driven by the flourishing beverage industry. Crown closures, also known as bottle caps, are widely used in the sealing of bottles for beverages like beer, soft drinks, and juices. With the increasing consumption of these beverages, the demand for crown closures has surged. Furthermore, the growth of the craft beer industry in Thailand has created additional opportunities for crown closure manufacturers. The convenience and security offered by crown closures make them indispensable in the beverage sector, ensuring a continuous market demand.
The Crown Closures market in Thailand faces competition from alternative closure options and the need to meet beverage industry demands for both functionality and branding. Manufacturers must continually innovate to stay relevant in this market.
The Thailand Crown Closures Market, which supplies closures for the beverage industry, had to adapt to changing consumer behaviors during the COVID-19 pandemic. With restrictions on bars and restaurants, the demand for bottled beverages decreased, affecting the market initially. However, there was a notable surge in home consumption of packaged beverages, leading to increased demand for crown closures. Manufacturers had to implement safety measures and adjust production to meet this changing demand landscape. As the situation normalizes, the market is expected to stabilize, with a potential increase in the demand for innovative closure solutions to cater to evolving consumer preferences.
Leading companies in the Thailand Crown Closures market are Crown Holdings Inc., Amcor plc, and Silgan Holdings Inc.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Crown Closures Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Crown Closures Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Crown Closures Market - Industry Life Cycle |
3.4 Thailand Crown Closures Market - Porter's Five Forces |
3.5 Thailand Crown Closures Market Revenues & Volume Share, By Diameter, 2021 & 2031F |
3.6 Thailand Crown Closures Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Thailand Crown Closures Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Thailand Crown Closures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaged beverages in Thailand |
4.2.2 Growing popularity of craft beer and other alcoholic beverages |
4.2.3 Emphasis on sustainability leading to the preference for reusable closures |
4.3 Market Restraints |
4.3.1 Competition from alternative closures such as screw caps and twist-off closures |
4.3.2 Fluctuating raw material prices affecting production costs |
5 Thailand Crown Closures Market Trends |
6 Thailand Crown Closures Market, By Types |
6.1 Thailand Crown Closures Market, By Diameter |
6.1.1 Overview and Analysis |
6.1.2 Thailand Crown Closures Market Revenues & Volume, By Diameter, 2021-2031F |
6.1.3 Thailand Crown Closures Market Revenues & Volume, By 26 mm Crown Closures, 2021-2031F |
6.1.4 Thailand Crown Closures Market Revenues & Volume, By 29 mm Crown Closures, 2021-2031F |
6.2 Thailand Crown Closures Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Thailand Crown Closures Market Revenues & Volume, By Aluminium Crown Closures, 2021-2031F |
6.2.3 Thailand Crown Closures Market Revenues & Volume, By Steel Crown Closures, 2021-2031F |
6.3 Thailand Crown Closures Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Thailand Crown Closures Market Revenues & Volume, By Crown Closures for Beer, 2021-2031F |
6.3.3 Thailand Crown Closures Market Revenues & Volume, By Crown Closures for Carbonated Soft Drinks, 2021-2031F |
6.3.4 Thailand Crown Closures Market Revenues & Volume, By Crown Closures for Food, 2021-2031F |
6.3.5 Thailand Crown Closures Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Crown Closures Market Import-Export Trade Statistics |
7.1 Thailand Crown Closures Market Export to Major Countries |
7.2 Thailand Crown Closures Market Imports from Major Countries |
8 Thailand Crown Closures Market Key Performance Indicators |
8.1 Percentage of reusable closures in the market |
8.2 Number of new craft breweries entering the market |
8.3 Adoption rate of innovative crown closure designs |
9 Thailand Crown Closures Market - Opportunity Assessment |
9.1 Thailand Crown Closures Market Opportunity Assessment, By Diameter, 2021 & 2031F |
9.2 Thailand Crown Closures Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Thailand Crown Closures Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Thailand Crown Closures Market - Competitive Landscape |
10.1 Thailand Crown Closures Market Revenue Share, By Companies, 2024 |
10.2 Thailand Crown Closures Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |