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Wine Corks Market Report by Type, Distribution Channel, and Region 2024-2032

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    Report

  • 137 Pages
  • August 2024
  • Region: Global
  • IMARC Group
  • ID: 5901676
The global wine corks market size reached US$ 17.6 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 27.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.13% during 2023-2032.

Wine corks are closures derived from the bark of cork oak trees that are used to seal still and sparkling wine bottles. Their tissue comprises a special layer of cells made using wax, suberin, lignin, and other materials. Despite the launch of capsules and plastic stoppers, wine corks remain a popular choice as the closure of premium wine bottles. This can be attributed to their exceptional properties like moisture resistance, high compressibility, and impermeability to liquids, which help in prolonging the aging of wine and enhancing its overall taste and flavor.

Wine Corks Market Trends:

Rising wine consumption, especially among the young population, on account of inflating income levels, changing lifestyles and emerging socialization trends represents one of the significant factors stimulating the market growth. Apart from this, the rising consumer inclination towards luxury and superior quality products is also bolstering the market growth, as the moderate consumption of wine is associated with a reduced risk of heart diseases, stroke, diabetes, and digestive tract infection. Additionally, the increasing utilization of premium wine variants in gourmet cooking to intensify and enhance the flavor, aroma and taste of finished dishes is driving the market.

As a result, their application is expanding in the confectionery sector for baking cakes and brownies and making chocolates and candies. This, in turn, is bolstering the demand for wine corks. Apart from this, the growing popularity of wine tourism is anticipated to drive the sales of exotic and unique wines and present lucrative opportunities to market players.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global wine corks market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type and distribution channel.

Breakup by Type:

  • Natural
  • Synthetic

Breakup by Distribution Channel:

  • Offline
  • Online

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Allstates Rubber & Tool Corp., Amorim Cork, Bangor Cork, Corksribas, Jelinek Cork Group, M.A. Silva Usa Llc, PrecisionElite limited company, Waterloo Container Company, WE Cork Inc, WidgetCo Inc., Wine Enthusiast Companies and Zandur.

Key Questions Answered in This Report:

  • How has the global wine corks market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global wine corks market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global wine corks market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Wine Corks Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Natural
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Synthetic
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Distribution Channel
7.1 Offline
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Online
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Allstates Rubber & Tool Corp.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Amorim Cork
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Bangor Cork
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Corksribas
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Jelinek Cork Group
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 M.A. Silva Usa Llc
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 PrecisionElite limited company
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 Waterloo Container Company
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 WE Cork Inc
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 WidgetCo Inc.
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 Wine Enthusiast Companies
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.12 Zandur
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Wine Corks Market: Major Drivers and Challenges
Figure 2: Global: Wine Corks Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Wine Corks Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Wine Corks Market: Breakup by Type (in %), 2023
Figure 5: Global: Wine Corks Market: Breakup by Distribution Channel (in %), 2023
Figure 6: Global: Wine Corks Market: Breakup by Region (in %), 2023
Figure 7: Global: Wine Corks (Natural) Market: Sales Value (in Million US$), 2018 & 2023
Figure 8: Global: Wine Corks (Natural) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 9: Global: Wine Corks (Synthetic) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Wine Corks (Synthetic) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Wine Corks (Offline) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Wine Corks (Offline) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Wine Corks (Online) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Wine Corks (Online) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: North America: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: North America: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: United States: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: United States: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Canada: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Canada: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Asia-Pacific: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Asia-Pacific: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: China: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: China: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Japan: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Japan: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: India: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: India: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: South Korea: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: South Korea: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Australia: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Australia: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Indonesia: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Indonesia: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Others: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Others: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Europe: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Europe: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Germany: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Germany: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: France: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: France: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: United Kingdom: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: United Kingdom: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Italy: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Italy: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Spain: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Spain: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Russia: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Russia: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Others: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Others: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Latin America: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Latin America: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Brazil: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Brazil: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Mexico: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Mexico: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Others: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Others: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Middle East and Africa: Wine Corks Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Middle East and Africa: Wine Corks Market: Breakup by Country (in %), 2023
Figure 63: Middle East and Africa: Wine Corks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Global: Wine Corks Industry: SWOT Analysis
Figure 65: Global: Wine Corks Industry: Value Chain Analysis
Figure 66: Global: Wine Corks Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Wine Corks Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Wine Corks Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Wine Corks Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
Table 4: Global: Wine Corks Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 5: Global: Wine Corks Market: Competitive Structure
Table 6: Global: Wine Corks Market: Key Players

Companies Mentioned

  • Allstates Rubber & Tool Corp.
  • Amorim Cork
  • Bangor Cork
  • Corksribas
  • Jelinek Cork Group
  • M.A. Silva Usa Llc
  • PrecisionElite limited company
  • Waterloo Container Company
  • WE Cork Inc
  • WidgetCo Inc.
  • Wine Enthusiast Companies
  • Zandur

Methodology

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Table Information