Product Code: ETC288569 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The cork stoppers market in the Philippines was valued at around US$ 8 million in 2025 and it is expected to grow at a CAGR close to 2%, during the forecast period primarily supported by its widespread usage across food & beverage industry for sealing bottles containing wines or other beverages thereby preventing oxidation process & spoilage due presence oxygen alongwith providing tight seal necessary for long term storage conditions without affecting taste aspects associated with products sealed inside glass containers using corkscrew stoppers made up natural tree bark material known as corkwood sourced mostly through harvesting trees found Southwestern Europe regions.
The Philippines cork stoppers market is influenced by the country`s growing wine and spirits industry. As the preference for quality wines and beverages rises, the demand for cork stoppers, commonly used for sealing wine bottles, has increased. Additionally, cork`s eco-friendly and sustainable nature resonates with consumers seeking environmentally conscious products, further driving the demand for cork stoppers in the market.
The cork stoppers market in the Philippines, primarily serving the beverage and wine industries, faces challenges related to sustainability and competition from alternative closure solutions. As more environmentally conscious practices gain importance, the market must address concerns about the ecological impact of cork harvesting. Additionally, the emergence of alternative closure options such as screw caps and synthetic corks poses a competitive challenge to the traditional cork stoppers industry.
The Philippines cork stoppers market, a niche segment related to packaging and bottling, encountered disruptions during the pandemic. The wine and beverage industries, which utilize cork stoppers, faced challenges due to restrictions on gatherings and dining. This led to a temporary decline in demand for cork stoppers. Nevertheless, as the hospitality sector and social activities rebound, the market for cork stoppers is expected to regain momentum. The industry might also explore innovative applications beyond traditional bottle closures.
Cork stoppers are used in the packaging of beverages, especially wine. Key players might include cork manufacturing companies like Amorim, Corticeira Amorim, and Jelinek Cork Group.
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 Philippines Cork Stoppers Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cork Stoppers Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cork Stoppers Market - Industry Life Cycle |
3.4 Philippines Cork Stoppers Market - Porter's Five Forces |
3.5 Philippines Cork Stoppers Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Cork Stoppers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Cork Stoppers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable and eco-friendly packaging solutions |
4.2.2 Increasing popularity of wine consumption in the Philippines |
4.2.3 Rise in the number of wineries and breweries in the country |
4.3 Market Restraints |
4.3.1 Competition from alternative packaging materials like screw caps and synthetic stoppers |
4.3.2 Fluctuations in raw material prices, affecting production costs |
4.3.3 Limited awareness and availability of cork stoppers in the market |
5 Philippines Cork Stoppers Market Trends |
6 Philippines Cork Stoppers Market, By Types |
6.1 Philippines Cork Stoppers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cork Stoppers Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Cork Stoppers Market Revenues & Volume, By Natural Cork Stopper, 2021-2031F |
6.1.4 Philippines Cork Stoppers Market Revenues & Volume, By Champagne/Sparkling Wine Cork Stoppers, 2021-2031F |
6.1.5 Philippines Cork Stoppers Market Revenues & Volume, By Bartop Cork Stoppers, 2021-2031F |
6.1.6 Philippines Cork Stoppers Market Revenues & Volume, By Multi-piece Cork Stoppers, 2021-2031F |
6.2 Philippines Cork Stoppers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cork Stoppers Market Revenues & Volume, By Wines, 2021-2031F |
6.2.3 Philippines Cork Stoppers Market Revenues & Volume, By Premium Spirits, 2021-2031F |
6.2.4 Philippines Cork Stoppers Market Revenues & Volume, By Fragrances, 2021-2031F |
6.2.5 Philippines Cork Stoppers Market Revenues & Volume, By Oils, 2021-2031F |
6.2.6 Philippines Cork Stoppers Market Revenues & Volume, By Craft Accessories, 2021-2031F |
7 Philippines Cork Stoppers Market Import-Export Trade Statistics |
7.1 Philippines Cork Stoppers Market Export to Major Countries |
7.2 Philippines Cork Stoppers Market Imports from Major Countries |
8 Philippines Cork Stoppers Market Key Performance Indicators |
8.1 Percentage of wineries and breweries in the Philippines using cork stoppers |
8.2 Consumer awareness and perception of cork stoppers as a premium packaging solution |
8.3 Adoption rate of sustainable packaging practices by companies in the beverage industry |
9 Philippines Cork Stoppers Market - Opportunity Assessment |
9.1 Philippines Cork Stoppers Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Cork Stoppers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Cork Stoppers Market - Competitive Landscape |
10.1 Philippines Cork Stoppers Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cork Stoppers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |