Thailand Cork Products Market (2025-2031) | Industry, Revenue, Value, Forecast, Outlook, Analysis, Companies, Trends, Growth, Share & Size

Thailand Cork Products Market Highlights

Report Name	Thailand Cork Products Market
Forecast Period	2025-2031
Market Size	USD 7 Million –  USD  14 Million
CAGR	6.4%
Growing Sector	Packaging

Topics Covered in the Thailand Cork Products Market Report

The Thailand Cork Products market report thoroughly covers the market by type and by application. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Thailand Cork Products Market Size & Analysis

In 2025, the Thailand Cork Products market is valued at approximately $ 7 million, with a projected compound annual growth rate (CAGR) of 6.4% over the next five years. Additionally, by 2031, the market is expected to reach around $ 14 million. The packaging sector holds significant position in the overall market.

Thailand Cork Products Market Synopsis

Thailand has emerged as a leading exporter of cork products, including stoppers, closures, flooring, and insulation materials. This growth is attributed to Thailand's high-quality cork production and its well-developed infrastructure, which supports the manufacturing and export of cork products. The country's competitive advantage is further enhanced by lower labor costs, making it an attractive hub for cork product manufacturing and export. Additionally, the expanding wine and spirits industry in Thailand has also contributed to the steady growth of the cork stopper market, as cork stoppers are widely used to seal wine bottles, preserving the wine's quality and aging potential.

According to 6Wresearch, Thailand Cork Products market size is projected to grow at a CAGR of 6.4% during 2025-2031. The growth of the cork products market in Thailand is driven by several key factors, including the increasing demand for sustainable and eco-friendly materials across various industries. As global consumers and businesses prioritize environmentally conscious solutions, cork is gaining traction as a renewable, biodegradable, and versatile alternative to synthetic materials, especially in packaging, construction, and automotive sectors. Thailand’s well-established manufacturing infrastructure, competitive labor costs, and ability to produce high-quality cork products have further fueled its export potential, particularly in cork stoppers for the wine industry.

The growth of the wine and spirits market, both locally and internationally, has significantly contributed to the demand for cork stoppers. However, challenges include limited local cork production, which means Thailand relies on imports to meet domestic demand, potentially exposing the market to supply chain disruptions. Additionally, the relatively higher cost of cork compared to other materials, such as plastic or rubber, can be a barrier to widespread adoption in certain price-sensitive sectors. There is also a need for increased awareness and education around the benefits of cork in various applications, as some industries may still be hesitant to shift away from traditional materials. Despite these challenges, the Thai cork products market is poised for continued growth, fueled by strong export potential, increasing consumer demand for sustainable materials, and innovations in cork processing technology.

Thailand Cork Products Market Trends

• Sustainability and Eco-Friendliness - Growing preference for renewable, biodegradable materials, with cork being adopted as an alternative to plastic and synthetic materials in packaging, construction, and automotive sectors.

• Wine and Spirits Industry Demand - Increasing demand for cork stoppers in the expanding wine and spirits market, as cork is the preferred material for sealing bottles due to its preservation and aging qualities.

• Green Building Materials - Rise in demand for cork-based products like insulation, flooring, and soundproofing in construction, driven by the push for energy-efficient and eco-friendly building solutions.

• Packaging Innovations - Growth of cork as a sustainable packaging material, particularly in premium and luxury packaging, offering an environmentally responsible alternative to traditional packaging materials.

Investment Opportunities in the Thailand Cork Products Market

• Cork Packaging Solutions - Invest in the development of cork-based packaging products for industries like wine, cosmetics, and luxury goods, driven by the growing demand for sustainable alternatives to plastic packaging.

• Green Construction Materials - Explore opportunities in manufacturing cork-based construction products such as insulation, flooring, and soundproofing materials, capitalizing on the rising demand for energy-efficient and eco-friendly building solutions.

• Cork-based Automotive Components - Invest in the production of cork components for the automotive industry, including seals, gaskets, and interior panels, leveraging the material’s lightweight and durable properties.

• Fashion and Lifestyle Products - Invest in cork-based fashion and lifestyle products, including bags, shoes, and accessories, to meet the growing demand for sustainable and eco-conscious fashion choices.

Key Players in the Thailand Cork Products Market

Key companies in the cork products market in Thailand include global players like Corticeira Amorim, a leader in cork production with a wide range of products including cork stoppers, flooring, and insulation materials, and Granorte, known for its sustainable cork flooring solutions. Local companies such as Thailand Cork Products Co. Ltd. focus on producing cork stoppers and other cork-based products, capitalizing on the country’s strong manufacturing infrastructure.

Suberra and Sumber Rejeki are also significant contributors, offering cork products for automotive, construction, and packaging industries. Additionally, regional players like PT. Indocork are expanding their market share by offering specialized cork solutions for local and international markets. Additionally, some of these players hold majority of the Thailand Cork Products market share. Moreover, these companies are driving the market’s growth through innovation, sustainability, and a strong focus on both local and export markets.

Government Regulations in the Thailand Cork Products Market

In Thailand, government regulations play a vital role in promoting the use of sustainable materials such as cork. The Thai government has implemented policies aimed at reducing plastic waste and encouraging the adoption of eco-friendly alternatives across industries, including packaging, construction, and automotive. In particular, the construction sector benefits from regulations that promote green building standards, where cork is increasingly used as an insulation material due to its environmentally friendly properties.

Additionally, the government supports sustainable forestry practices, ensuring that cork is sourced responsibly and contributes to the preservation of natural resources. Further, these initiatives have further boosted the Thailand Cork Products market revenues. Furthermore, these regulations are not only fostering a favorable environment for the growth of the cork products market but also aligning with global sustainability initiatives, positioning Thailand as a key player in the global cork industry.

Future Insights of the Thailand Cork Products Market

The future of the cork products market in Thailand looks highly promising, driven by the increasing global shift toward sustainability and eco-conscious consumption. As industries such as packaging, construction, automotive, and fashion continue to seek renewable and biodegradable alternatives to traditional materials, cork is poised for further growth. The expanding wine and spirits industry in Thailand will continue to drive demand for cork stoppers, while the construction sector will see increased use of cork for insulation, soundproofing, and flooring solutions.

Technological innovations in cork processing will open up new applications for cork in high-performance industries such as electronics and aerospace. Furthermore, the Thai government’s emphasis on sustainability and green building standards will further propel cork adoption in construction and other sectors. With its ability to meet both environmental and aesthetic demands, the cork products market in Thailand is set to flourish, offering substantial opportunities for investment and innovation in the coming years.

Colorful Cork Category to Dominate the Market - By Type

According to Ravi Bhandari, Research Head, 6Wresearch, the colorful cork category in Thailand is experiencing significant growth, driven by rising consumer demand for sustainable and visually unique products. As industries like fashion, interior design, and packaging increasingly prioritize eco-friendly alternatives, cork’s versatility in terms of color customization has opened up new avenues for innovation. Colorful cork products are gaining popularity in fashion accessories such as bags, shoes, and wallets, offering consumers an environmentally conscious option without compromising on style. Additionally, vibrant cork is being used in interior design for flooring, wall coverings, and decorative items, adding an eco-friendly yet aesthetically appealing dimension to spaces.

Commercial Category to Dominate the Market - By Application

In Thailand, the commercial application of cork products is experiencing robust growth, driven by increasing demand for sustainable and eco-friendly materials across multiple industries. Cork’s versatility makes it ideal for use in packaging, particularly in the wine and spirits industry, where cork stoppers are essential for sealing bottles. The construction sector is also witnessing a rise in cork adoption, with the material being used for insulation, soundproofing, and flooring due to its energy-efficient and sustainable properties. Additionally, cork is gaining traction in the automotive industry for components like seals, gaskets, and interior panels. The fashion and design sectors are embracing cork for accessories, footwear, and interior décor, further expanding its commercial applications.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Thailand Cork Products Market Overview
• Thailand Cork Products Market Outlook
• Market Size of Thailand Cork Products Market, 2024
• Forecast of Thailand Cork Products Market, 2031
• Historical Data and Forecast of Thailand Cork Products Revenues & Volume for the Period 2021-2031
• Thailand Cork Products Market Trend Evolution
• Thailand Cork Products Market Drivers and Challenges
• Thailand Cork Products Price Trends
• Thailand Cork Products Porter's Five Forces
• Thailand Cork Products Industry Life Cycle
• Historical Data and Forecast of Thailand Cork Products Market Revenues & Volume, By Type for the Period 2021-2031
• Historical Data and Forecast of Thailand Cork Products Market Revenues & Volume, By Natural Cork for the Period 2021-2031
• Historical Data and Forecast of Thailand Cork Products Market Revenues & Volume, By Colorful Cork for the Period 2021-2031
• Historical Data and Forecast of Thailand Cork Products Market Revenues & Volume, By Applications for the Period 2021-2031
• Historical Data and Forecast of Thailand Cork Products Market Revenues & Volume, By Commercial for the Period 2021-2031
• Historical Data and Forecast of Thailand Cork Products Market Revenues & Volume, By Residential for the Period 2021-2031
• Historical Data and Forecast of Thailand Cork Products Market Revenues & Volume, By Industrial for the Period 2021-2031
• Historical Data and Forecast of Thailand Cork Products Market Revenues & Volume, By Consumer Goods for the Period 2021-2031
• Thailand Cork Products Import Export Trade Statistics
• Market Opportunity Assessment, By Type
• Market Opportunity Assessment, By Application
• Thailand Cork Products Market - Top Companies Market Share
• Thailand Cork Products Market - Competitive Benchmarking, By Technical and Operational Parameters
• Thailand Cork Products Market - Company Profiles
• Thailand Cork Products Market - Key Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments -

By Type

• Natural Cork
• Colorful Cork

By Application

• Commercial
• Residential
• Industrial
• Consumer Goods