Global Cork Stoppers Market Growth 2023-2029

Global Cork Stoppers Market Growth 2023-2029

Cork stopper is a stopper made of cork. Cork is an impermeable buoyant material, a prime-subset of bark tissue that is harvested for commercial use primarily from Quercus suber (the Cork Oak), which is endemic to southwest Europe and northwest Africa. Cork is composed of suberin, a hydrophobic substance and, because of its impermeable, buoyant, elastic, and fire retardant properties, it is used in a variety of products, the most common of which is wine stoppers. The montado landscape of Portugal produces approximately half of cork harvested annually worldwide, with Corticeira Amorim being the leading company in the industry. Cork was examined microscopically by Robert Hooke, which led to his discovery and naming of the cell, especially a bottle stopper.

LPI (LP Information)' newest research report, the “Cork Stoppers Industry Forecast” looks at past sales and reviews total world Cork Stoppers sales in 2022, providing a comprehensive analysis by region and market sector of projected Cork Stoppers sales for 2023 through 2029. With Cork Stoppers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cork Stoppers industry.

This Insight Report provides a comprehensive analysis of the global Cork Stoppers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cork Stoppers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cork Stoppers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cork Stoppers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cork Stoppers.

The global Cork Stoppers market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

In United States, Cork Stoppers key players include Nomacorc, Cork Supply, Amorim, MaSilva, Lafitte, etc. Global top five manufacturers hold a share over 65%.

Western Part is the largest market, with a share about 35%, followed by Eastern Part, and Central Part, both have a share over 45 percent.

In terms of product, Natural Cork Stopper is the largest segment, with a share over 60%. And in terms of application, the largest application is Wine, followed by Crafts, Special bottled liquid.

This report presents a comprehensive overview, market shares, and growth opportunities of Cork Stoppers market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Natural Cork Stopper

Agglomerated Cork Stopper

Others

Segmentation by application

Wine

Crafts

Special Bottled Liquid

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Nomacorc

Cork Supply

Corticeira Amorim

MaSilva

Lafitte

Rich Xiberta

Portocork America

WidgetCo

Jelinek Cork Group

AMORIM

BENEBO

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cork Stoppers market?

What factors are driving Cork Stoppers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cork Stoppers market opportunities vary by end market size?

How does Cork Stoppers break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.