Product Code: ETC288565 | 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 Thailand is influenced by the country`s booming wine and beverage industry. As consumers develop a taste for wine and other bottled beverages, the demand for high-quality cork stoppers has risen. Moreover, cork stoppers are favored for their eco-friendly and sustainable properties, aligning with the growing environmental consciousness among consumers. The market also benefits from the export of Thai wines and spirits, further driving the demand for cork stoppers in both domestic and international markets.
The Thailand Cork Stoppers market derives its momentum from the expanding wine and spirits industry in the country. As consumers develop a taste for wine and spirits, there is a growing need for high-quality cork stoppers to seal bottles effectively. Furthermore, cork stoppers are viewed as a sustainable and eco-friendly alternative to synthetic stoppers, aligning with the increasing environmental awareness among consumers. The market is also driven by the demand for premium packaging in the beverage sector, where cork stoppers are considered a sign of quality. Overall, the growth of the cork stoppers market in Thailand is closely tied to the flourishing beverage industry and consumers` preference for natural and sustainable materials.
The Thailand Cork Stoppers market faces challenges related to the changing preferences of wine and beverage producers. As alternative closures like screw caps and synthetic stoppers gain popularity due to their perceived advantages in preserving wine quality and reducing the risk of cork taint, cork stopper manufacturers must adapt. Moreover, sourcing high-quality cork can be challenging due to fluctuations in cork oak production and climate change effects, which can impact cork quality. Ensuring consistent quality control and meeting international quality standards is another challenge for this market.
The Thailand cork stoppers market experienced a temporary decline in demand during the pandemic, primarily due to a decrease in wine and beverage consumption at bars and restaurants. However, as consumers shifted towards purchasing wine for home consumption, the market saw a revival in cork stopper demand. Wineries and wine enthusiasts continued to prefer cork stoppers for their quality and environmental benefits, sustaining the market.
Leading players in the Thailand Cork Stoppers Market include Thai Cork Co., Ltd. and Bangkok Cork Products Co., Ltd. These companies specialize in producing cork stoppers for various applications, including the wine and beverage industry. They are renowned for their commitment to sustainability and delivering top-notch cork products.
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 Cork Stoppers Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cork Stoppers Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Cork Stoppers Market - Industry Life Cycle |
3.4 Thailand Cork Stoppers Market - Porter's Five Forces |
3.5 Thailand Cork Stoppers Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Cork Stoppers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand 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 and production in Thailand |
4.2.3 Rising awareness about the benefits of using cork stoppers in preserving wine quality |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative wine closure solutions such as screw caps and synthetic corks |
4.3.3 Limited availability of high-quality cork forests leading to supply chain challenges |
5 Thailand Cork Stoppers Market Trends |
6 Thailand Cork Stoppers Market, By Types |
6.1 Thailand Cork Stoppers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cork Stoppers Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Cork Stoppers Market Revenues & Volume, By Natural Cork Stopper, 2021-2031F |
6.1.4 Thailand Cork Stoppers Market Revenues & Volume, By Champagne/Sparkling Wine Cork Stoppers, 2021-2031F |
6.1.5 Thailand Cork Stoppers Market Revenues & Volume, By Bartop Cork Stoppers, 2021-2031F |
6.1.6 Thailand Cork Stoppers Market Revenues & Volume, By Multi-piece Cork Stoppers, 2021-2031F |
6.2 Thailand Cork Stoppers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Cork Stoppers Market Revenues & Volume, By Wines, 2021-2031F |
6.2.3 Thailand Cork Stoppers Market Revenues & Volume, By Premium Spirits, 2021-2031F |
6.2.4 Thailand Cork Stoppers Market Revenues & Volume, By Fragrances, 2021-2031F |
6.2.5 Thailand Cork Stoppers Market Revenues & Volume, By Oils, 2021-2031F |
6.2.6 Thailand Cork Stoppers Market Revenues & Volume, By Craft Accessories, 2021-2031F |
7 Thailand Cork Stoppers Market Import-Export Trade Statistics |
7.1 Thailand Cork Stoppers Market Export to Major Countries |
7.2 Thailand Cork Stoppers Market Imports from Major Countries |
8 Thailand Cork Stoppers Market Key Performance Indicators |
8.1 Percentage increase in the adoption of cork stoppers by wineries in Thailand |
8.2 Average price of cork stoppers in the market |
8.3 Percentage of customers willing to pay a premium for wines sealed with cork stoppers |
9 Thailand Cork Stoppers Market - Opportunity Assessment |
9.1 Thailand Cork Stoppers Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Cork Stoppers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Cork Stoppers Market - Competitive Landscape |
10.1 Thailand Cork Stoppers Market Revenue Share, By Companies, 2024 |
10.2 Thailand Cork Stoppers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |