Product Code: ETC082128 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines cork stopper market size was valued at US$ 463 thousand in 2025 and is anticipated to witness significant growth over forecast period on account of increasing wine consumption leading to an upsurge in demand for quality packaging solutions including cork stoppers across food & beverage industry particularly related with wines segment. Furthermore, presence of numerous winemakers coupled with Food products order no 8 (FPO8) mandated by government pertaining employment safety standards will drive the overall product landscape during coming years thereby augmenting regional business outlook positively.
The Philippines cork stopper market has seen steady growth, driven primarily by the country`s flourishing wine and beverage industry. Cork stoppers are widely used to seal wine bottles and maintain the quality and freshness of the contents. With the increasing consumption of wine and other bottled beverages in the Philippines, the demand for cork stoppers has also risen. Additionally, the eco-friendly and sustainable properties of cork as a stopper material have further contributed to its market growth.
The Philippines Cork Stopper Market has experienced modest growth due to the country`s growing wine and spirits industry. However, the market confronts certain challenges. One key challenge is the competition from alternative wine stopper materials, such as synthetic corks and screw caps, which may affect the demand for cork stoppers. Additionally, environmental concerns surrounding cork harvesting practices and the sustainability of cork production can influence consumer preferences. Moreover, limited cork oak forests in the Philippines and dependence on imports pose supply chain and pricing challenges for local cork stopper manufacturers.
The cork stopper market in the Philippines experienced challenges as well. The closure of bars, restaurants, and events significantly reduced the consumption of alcoholic beverages, affecting the demand for cork stoppers used in wine and spirits bottles.
In the Philippines Cork Stopper Market, key players include manufacturers such as Amorim Cork, Corticeira Amorim SGPS SA, and Nomacorc (a part of Vinventions). These companies are prominent in the cork industry and supply cork stoppers for wine and spirits bottles.
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 Stopper Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cork Stopper Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cork Stopper Market - Industry Life Cycle |
3.4 Philippines Cork Stopper Market - Porter's Five Forces |
3.5 Philippines Cork Stopper Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Cork Stopper Market Revenues & Volume Share, By Container, 2021 & 2031F |
3.7 Philippines Cork Stopper Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Cork Stopper Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Cork Stopper Market Trends |
6 Philippines Cork Stopper Market, By Types |
6.1 Philippines Cork Stopper Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cork Stopper Market Revenues & Volume, By Product Type, 2018 - 2031F |
6.1.3 Philippines Cork Stopper Market Revenues & Volume, By Natural cork stopper, 2018 - 2031F |
6.1.4 Philippines Cork Stopper Market Revenues & Volume, By Colmated cork stoppers, 2018 - 2031F |
6.1.5 Philippines Cork Stopper Market Revenues & Volume, By Champagne/Sparkling wine cork stoppers, 2018 - 2031F |
6.1.6 Philippines Cork Stopper Market Revenues & Volume, By Agglomerated cork stoppers, 2018 - 2031F |
6.1.7 Philippines Cork Stopper Market Revenues & Volume, By Technical cork stoppers, 2018 - 2031F |
6.1.8 Philippines Cork Stopper Market Revenues & Volume, By Bar top cork stoppers, 2018 - 2031F |
6.2 Philippines Cork Stopper Market, By Container |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cork Stopper Market Revenues & Volume, By Wooden, 2018 - 2031F |
6.2.3 Philippines Cork Stopper Market Revenues & Volume, By Metal, 2018 - 2031F |
6.2.4 Philippines Cork Stopper Market Revenues & Volume, By Glass, 2018 - 2031F |
6.2.5 Philippines Cork Stopper Market Revenues & Volume, By Polyvinyl chloride (PVC), 2018 - 2031F |
6.2.6 Philippines Cork Stopper Market Revenues & Volume, By Porcelain, 2018 - 2031F |
6.2.7 Philippines Cork Stopper Market Revenues & Volume, By Other material container, 2018 - 2031F |
6.3 Philippines Cork Stopper Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Cork Stopper Market Revenues & Volume, By Wines, 2018 - 2031F |
6.3.3 Philippines Cork Stopper Market Revenues & Volume, By Premium spirits, 2018 - 2031F |
6.3.4 Philippines Cork Stopper Market Revenues & Volume, By Fragrances, 2018 - 2031F |
6.3.5 Philippines Cork Stopper Market Revenues & Volume, By Oils, 2018 - 2031F |
6.3.6 Philippines Cork Stopper Market Revenues & Volume, By Others, 2018 - 2031F |
7 Philippines Cork Stopper Market Import-Export Trade Statistics |
7.1 Philippines Cork Stopper Market Export to Major Countries |
7.2 Philippines Cork Stopper Market Imports from Major Countries |
8 Philippines Cork Stopper Market Key Performance Indicators |
9 Philippines Cork Stopper Market - Opportunity Assessment |
9.1 Philippines Cork Stopper Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Cork Stopper Market Opportunity Assessment, By Container, 2021 & 2031F |
9.3 Philippines Cork Stopper Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Cork Stopper Market - Competitive Landscape |
10.1 Philippines Cork Stopper Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cork Stopper Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |