This website uses cookies to improve your experience. By clicking “Accept” you are agreeing to our Privacy Policy.
The wine cork industry has been driven by the increased consumption of wine worldwide. This can be attributed to the numerous health benefits associated with wine intake including improved antioxidant intake, reduced risk of cardiovascular disorders, and decreased risk of hypertension and diabetes, among others. In addition, the age-old tradition of sealing wine bottles with the cork obtained from the oak tree is important to sustain the oxidation process of wine so that the drink can age till the time of consumption. Over the forecast period, the increasing demand for synthetic and new types of corks is likely to propel the industry growth. The market is estimated to be further aided by the penetration of improved technology in the process of wine cork manufacturing. These processes include extrusion moulding, injection moulding, or a combination of extrusion and injection moulding, among others.
In January 2021, Corticeira Amorim launched Naturity and Xpür, technologies designed to remove detectable Trichloroanisole (TCA) from natural wine corks and to make a new segment of micro agglomerated stoppers, respectively. TCA can contaminate the wine, causing musty aroma and flavour. This innovative step is considered as one of the greenest and efficient anti-TCA technology, without any artificial elements used, which is likely to bring revolution and support the global demand for wine corks. Furthermore, the growing availability of a wide range of wine corks across online portals such as Amazon (NASDAQ: AMZN) and Alibaba (NYSE: BABA) is expected to support the market growth in the forecast period.
In terms of region, North America is likely to account for a significant share in the market, owing to the thriving food and beverage sector, along with the growing popularity of wine among the youth. The rising consumption of wine in countries like the United States and Canada is likely to support the sales of wine cork in the region. Meanwhile, Europe is expected to witness a significant demand for corks, owing to the traditional wine-drinking culture in countries like Portugal, Spain, and France, among others. Furthermore, a large number of oak trees in Portugal are propelling the production of cork in the region.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the global wine cork market are PrecisionElite, Waterloo Container Company, J. C. Ribeiro, S. A., Amorim Cork, S.A., We Cork Inc., Jelinek Cork Group, Widgetco, Inc., and M.A. Silva USA, LLC., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: [email protected]
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124