Product Code: ETC220105 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Coconut Oil Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 0.26% in 2025, the growth rate steadily ascends to 0.93% in 2029.
By 2027, Thailand's Coconut Oil market is forecasted to achieve a stable growth rate of 0.36%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The Thailand coconut oil market has witnessed substantial growth as coconut oil gains popularity for its health benefits and versatile applications. Thailand is among the world`s leading producers of coconut oil, with a strong domestic market and significant exports. The market is characterized by a diverse range of coconut oil products, including virgin coconut oil and refined coconut oil, catering to both culinary and cosmetic industries. Consumers are increasingly seeking natural and organic products, which has prompted Thai coconut oil producers to invest in sustainable and organic production methods.
The Thailand Coconut Oil market has experienced significant growth due to the country`s extensive coconut cultivation. Coconut oil is used in cooking, cosmetics, and as a biofuel feedstock. The market`s success is attributed to the increasing popularity of coconut-based products in international markets and the growing awareness of the health benefits of coconut oil.
In the coconut oil market, competition is intense, and maintaining product quality and differentiation is crucial. Ensuring a consistent supply of coconuts and navigating price fluctuations in the coconut market can be challenging.
The COVID-19 pandemic had a significant impact on the Thailand Coconut Oil Market. As a staple ingredient in many cuisines and a key component in various cosmetic and personal care products, the demand for coconut oil faced fluctuations during the pandemic. In the initial stages, panic buying and stockpiling drove up demand. However, as lockdowns and economic uncertainties continued, consumer spending on non-essential products decreased, leading to a decline in the demand for premium coconut oil products. Moreover, disruptions in the supply chain, especially in exporting to international markets, affected the market`s performance. The market adapted by focusing more on essential products and exploring alternative distribution channels such as e-commerce. Post-pandemic, the market is gradually recovering as consumer confidence returns and the demand for health and wellness products featuring coconut oil increases.
The Thailand Coconut Oil market is led by several major players who have consistently delivered top-quality coconut oil products. Coconut Creations Co. is a standout player, renowned for its premium coconut oil offerings. Their commitment to using fresh coconuts and state-of-the-art extraction methods has earned them a strong market presence. Another noteworthy player is Thai Coconut Oil Producers Ltd., specializing in producing a wide range of coconut oil products for both domestic and international markets. Additionally, Coconut Oil Exporters Inc. has gained recognition for its exports of Thai coconut oil to global markets. These leading players continue to set industry standards and provide consumers with high-quality coconut oil options.
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 Coconut Oil Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Coconut Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Coconut Oil Market - Industry Life Cycle |
3.4 Thailand Coconut Oil Market - Porter's Five Forces |
3.5 Thailand Coconut Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Coconut Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Thailand Coconut Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Thailand Coconut Oil Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.9 Thailand Coconut Oil Market Revenues & Volume Share, By Price Point, 2021 & 2031F |
4 Thailand Coconut Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Coconut Oil Market Trends |
6 Thailand Coconut Oil Market, By Types |
6.1 Thailand Coconut Oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Coconut Oil Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Coconut Oil Market Revenues & Volume, By Virgin Coconut Oil, 2021-2031F |
6.1.4 Thailand Coconut Oil Market Revenues & Volume, By Coconut RBD Oil, 2021-2031F |
6.2 Thailand Coconut Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Coconut Oil Market Revenues & Volume, By Food industry, 2021-2031F |
6.2.3 Thailand Coconut Oil Market Revenues & Volume, By agriculture, 2021-2031F |
6.2.4 Thailand Coconut Oil Market Revenues & Volume, By Cosmetics and personal care industry, 2021-2031F |
6.2.5 Thailand Coconut Oil Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.2.6 Thailand Coconut Oil Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Coconut Oil Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Thailand Coconut Oil Market Revenues & Volume, By Direct distribution, 2021-2031F |
6.3.3 Thailand Coconut Oil Market Revenues & Volume, By Convenience stores, 2021-2031F |
6.3.4 Thailand Coconut Oil Market Revenues & Volume, By Modern trade units, 2021-2031F |
6.3.5 Thailand Coconut Oil Market Revenues & Volume, By E-Commerce, 2021-2031F |
6.3.6 Thailand Coconut Oil Market Revenues & Volume, By Others, 2021-2031F |
6.4 Thailand Coconut Oil Market, By Packaging |
6.4.1 Overview and Analysis |
6.4.2 Thailand Coconut Oil Market Revenues & Volume, By Bottle, 2021-2031F |
6.4.3 Thailand Coconut Oil Market Revenues & Volume, By Jar, 2021-2031F |
6.4.4 Thailand Coconut Oil Market Revenues & Volume, By Can, 2021-2031F |
6.4.5 Thailand Coconut Oil Market Revenues & Volume, By Pouch, 2021-2031F |
6.4.6 Thailand Coconut Oil Market Revenues & Volume, By Tanks, 2021-2031F |
6.4.7 Thailand Coconut Oil Market Revenues & Volume, By Others, 2021-2031F |
6.5 Thailand Coconut Oil Market, By Price Point |
6.5.1 Overview and Analysis |
6.5.2 Thailand Coconut Oil Market Revenues & Volume, By Mass, 2021-2031F |
6.5.3 Thailand Coconut Oil Market Revenues & Volume, By Premium, 2021-2031F |
7 Thailand Coconut Oil Market Import-Export Trade Statistics |
7.1 Thailand Coconut Oil Market Export to Major Countries |
7.2 Thailand Coconut Oil Market Imports from Major Countries |
8 Thailand Coconut Oil Market Key Performance Indicators |
9 Thailand Coconut Oil Market - Opportunity Assessment |
9.1 Thailand Coconut Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Coconut Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Thailand Coconut Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Thailand Coconut Oil Market Opportunity Assessment, By Packaging, 2021 & 2031F |
9.5 Thailand Coconut Oil Market Opportunity Assessment, By Price Point, 2021 & 2031F |
10 Thailand Coconut Oil Market - Competitive Landscape |
10.1 Thailand Coconut Oil Market Revenue Share, By Companies, 2024 |
10.2 Thailand Coconut Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |