Asia Pacific Wine Cork Market Size, Share & Trends Analysis Report By Distribution Channel (Offline, and Online), By Type (Natural, and Synthetic), By Country and Growth Forecast, 2023

Description

List of Tables

The Asia Pacific Wine Cork Market would witness market growth of 5.9% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 525.5 hundred units, showcasing a growth of 5.7% (2019-2022).

Consumer perceptions and preferences play a pivotal role in driving the adoption of wine cork closures. Many consumers associate cork closures with quality, authenticity, and tradition, viewing them as a hallmark of premium and high-end wines. The ritualistic experience of uncorking a bottle sealed with a cork closure adds to wine consumption's overall enjoyment and sensory appeal, reinforcing consumer expectations and demand for cork-sealed wines.

Cork closures hold cultural significance and symbolic value within wine-producing regions and societies worldwide. In countries such as Portugal and Spain, where cork oak forests are abundant, cork production is deeply intertwined with local culture, heritage, and identity. Harvesting cork bark from sustainably managed forests represents a centuries-old tradition rooted in environmental stewardship and rural livelihoods, further enhancing the appeal and adoption of cork closures among wine producers and consumers.

The increasing disposable income in India positively impacts the market by fueling demand for premium wines, fostering a culture of wine appreciation, and aligning with consumer preferences for quality, authenticity, and sustainability. Based on data from the Ministry of Statistics & Programme Implementation, the gross national disposable income (GNDI) for 2021-2022 was ₹236.07 lakh crore at current prices, compared to an estimate of ₹201.15 lakh crore for 2020-21. This represents a growth of 17.4% for 2021-2022 compared to a contraction of 1.6% for 2020-21. Therefore, the growing export of wine and increasing disposable income in the region propel the market's growthT

The China market dominated the Asia Pacific Wine Cork Market, By Country in 2,022, and would continue to be a dominant market till 2,030; thereby, achieving a market value of $286 Million by 2,030. The Japan market is registering a CAGR of 5.2% during (2,023 - 2,030). Additionally, The India market would showcase a CAGR of 6.5% during (2,023 - 2,030).

Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Type, the market is segmented into Natural, and Synthetic. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

Elkem ASA (Bluestar Elkem International Co., Ltd. S.A.)
Zandur
Amorim Cork, S.A. (Corticeira Amorim)
M.A. Silva Corks, USA
Allstates Rubber & Tool Corp.
WidgetCo, Inc.
WE Cork Inc.
J.C. Ribeiro
Jelinek Cork Group

Asia Pacific Wine Cork Market Report Segmentation

By Distribution Channel (Volume, Hundred Units, USD Billion, 2019-2030)

Offline
Online

By Type (Volume, Hundred Units, USD Billion, 2019-2030)

Natural
Synthetic

By Country (Volume, Hundred Units, USD Billion, 2019-2030)

China
Japan
India
South Korea
Australia
Malaysia
Rest of Asia Pacific

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Asia Pacific Wine Cork Market, by Distribution Channel
- 1.4.2Asia Pacific Wine Cork Market, by Type
- 1.4.3Asia Pacific Wine Cork Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.Asia Pacific Wine Cork Market, By Distribution Channel

4.1Asia Pacific Offline Market, By Country
4.2Asia Pacific Online Market, By Country

Chapter 5.Asia Pacific Wine Cork Market, By Type

5.1Asia Pacific Natural Market, By Country
5.2Asia Pacific Synthetic Market, By Country

Chapter 6.Asia Pacific Wine Cork Market, By Country

6.1China Wine Cork Market
- 6.1.1China Wine Cork Market, By Distribution Channel
- 6.1.2China Wine Cork Market, By Type
6.2Japan Wine Cork Market
- 6.2.1Japan Wine Cork Market, By Distribution Channel
- 6.2.2Japan Wine Cork Market, By Type
6.3India Wine Cork Market
- 6.3.1India Wine Cork Market, By Distribution Channel
- 6.3.2India Wine Cork Market, By Type
6.4South Korea Wine Cork Market
- 6.4.1South Korea Wine Cork Market, By Distribution Channel
- 6.4.2South Korea Wine Cork Market, By Type
6.5Australia Wine Cork Market
- 6.5.1Australia Wine Cork Market, By Distribution Channel
- 6.5.2Australia Wine Cork Market, By Type
6.6Malaysia Wine Cork Market
- 6.6.1Malaysia Wine Cork Market, By Distribution Channel
- 6.6.2Malaysia Wine Cork Market, By Type
6.7Rest of Asia Pacific Wine Cork Market
- 6.7.1Rest of Asia Pacific Wine Cork Market, By Distribution Channel
- 6.7.2Rest of Asia Pacific Wine Cork Market, By Type

Chapter 7.Company Profiles

7.1Elkem ASA (Bluestar Elkem International Co., Ltd. S.A.)
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Regional & Segmental Analysis
- 7.1.4Research & Development Expenses
- 7.1.5SWOT Analysis
7.2ZANDUR
- 7.2.1Company Overview
7.3Amorim Cork, S.A. (Corticeira Amorim)
- 7.3.1Company Overview
- 7.3.2Financial Analysis
- 7.3.3Segmental and Regional Analysis
- 7.3.4Research & Development Expenses
- 7.3.5SWOT Analysis
7.4M.A. Silva Cork, USA
- 7.4.1Company Overview
- 7.4.2SWOT Analysis
7.5Allstates Rubber & Tool Corp.
- 7.5.1Company Overview
7.6WidgetCo, Inc.
- 7.6.1Company Overview
- 7.6.2SWOT Analysis
7.7WE Cork Inc.
- 7.7.1Company Overview
- 7.7.2SWOT Analysis
7.8J.C. Ribeiro
- 7.8.1Company Overview
- 7.8.2Recent strategies and developments:
  - 7.8.2.1Partnerships, Collaborations, and Agreements:
- 7.8.3SWOT Analysis
7.9Jelinek Cork Group
- 7.9.1Company Overview
- 7.9.2SWOT Analysis

LIST OF TABLES

TABLE 1Asia Pacific Wine Cork Market, 2,019 - 2,022, USD Million
TABLE 2Asia Pacific Wine Cork Market, 2,023 - 2,030, USD Million
TABLE 3Asia Pacific Wine Cork Market, 2019 - 2022, Hundred Units
TABLE 4Asia Pacific Wine Cork Market, 2023 - 2030, Hundred Units
TABLE 5Asia Pacific Wine Cork Market, By Distribution Channel, 2,019 - 2,022, USD Million
TABLE 6Asia Pacific Wine Cork Market, By Distribution Channel, 2,023 - 2,030, USD Million
TABLE 7Asia Pacific Wine Cork Market, By Distribution Channel, 2019 - 2022, Hundred Units
TABLE 8Asia Pacific Wine Cork Market, By Distribution Channel, 2023 - 2030, Hundred Units
TABLE 9Asia Pacific Offline Market, By Country, 2,019 - 2,022, USD Million
TABLE 10Asia Pacific Offline Market, By Country, 2,023 - 2,030, USD Million
TABLE 11Asia Pacific Offline Market, By Country, 2019 - 2022, Hundred Units
TABLE 12Asia Pacific Offline Market, By Country, 2023 - 2030, Hundred Units
TABLE 13Asia Pacific Online Market, By Country, 2,019 - 2,022, USD Million
TABLE 14Asia Pacific Online Market, By Country, 2,023 - 2,030, USD Million
TABLE 15Asia Pacific Online Market, By Country, 2019 - 2022, Hundred Units
TABLE 16Asia Pacific Online Market, By Country, 2023 - 2030, Hundred Units
TABLE 17Asia Pacific Wine Cork Market, By Type, 2,019 - 2,022, USD Million
TABLE 18Asia Pacific Wine Cork Market, By Type, 2,023 - 2,030, USD Million
TABLE 19Asia Pacific Wine Cork Market, By Type, 2019 - 2022, Hundred Units
TABLE 20Asia Pacific Wine Cork Market, By Type, 2023 - 2030, Hundred Units
TABLE 21Asia Pacific Natural Market, By Country, 2,019 - 2,022, USD Million
TABLE 22Asia Pacific Natural Market, By Country, 2,023 - 2,030, USD Million
TABLE 23Asia Pacific Natural Market, By Country, 2019 - 2022, Hundred Units
TABLE 24Asia Pacific Natural Market, By Country, 2023 - 2030, Hundred Units
TABLE 25Asia Pacific Synthetic Market, By Country, 2,019 - 2,022, USD Million
TABLE 26Asia Pacific Synthetic Market, By Country, 2,023 - 2,030, USD Million
TABLE 27Asia Pacific Synthetic Market, By Country, 2019 - 2022, Hundred Units
TABLE 28Asia Pacific Synthetic Market, By Country, 2023 - 2030, Hundred Units
TABLE 29Asia Pacific Wine Cork Market, By Country, 2,019 - 2,022, USD Million
TABLE 30Asia Pacific Wine Cork Market, By Country, 2,023 - 2,030, USD Million
TABLE 31Asia Pacific Wine Cork Market, By Country, 2019 - 2022, Hundred Units
TABLE 32Asia Pacific Wine Cork Market, By Country, 2023 - 2030, Hundred Units
TABLE 33China Wine Cork Market, 2,019 - 2,022, USD Million
TABLE 34China Wine Cork Market, 2,023 - 2,030, USD Million
TABLE 35China Wine Cork Market, 2019 - 2022, Hundred Units
TABLE 36China Wine Cork Market, 2023 - 2030, Hundred Units
TABLE 37China Wine Cork Market, By Distribution Channel, 2,019 - 2,022, USD Million
TABLE 38China Wine Cork Market, By Distribution Channel, 2,023 - 2,030, USD Million
TABLE 39China Wine Cork Market, By Distribution Channel, 2019 - 2022, Hundred Units
TABLE 40China Wine Cork Market, By Distribution Channel, 2023 - 2030, Hundred Units
TABLE 41China Wine Cork Market, By Type, 2,019 - 2,022, USD Million
TABLE 42China Wine Cork Market, By Type, 2,023 - 2,030, USD Million
TABLE 43China Wine Cork Market, By Type, 2019 - 2022, Hundred Units
TABLE 44China Wine Cork Market, By Type, 2023 - 2030, Hundred Units
TABLE 45Japan Wine Cork Market, 2,019 - 2,022, USD Million
TABLE 46Japan Wine Cork Market, 2,023 - 2,030, USD Million
TABLE 47Japan Wine Cork Market, 2019 - 2022, Hundred Units
TABLE 48Japan Wine Cork Market, 2023 - 2030, Hundred Units
TABLE 49Japan Wine Cork Market, By Distribution Channel, 2,019 - 2,022, USD Million
TABLE 50Japan Wine Cork Market, By Distribution Channel, 2,023 - 2,030, USD Million
TABLE 51Japan Wine Cork Market, By Distribution Channel, 2019 - 2022, Hundred Units
TABLE 52Japan Wine Cork Market, By Distribution Channel, 2023 - 2030, Hundred Units
TABLE 53Japan Wine Cork Market, By Type, 2,019 - 2,022, USD Million
TABLE 54Japan Wine Cork Market, By Type, 2,023 - 2,030, USD Million
TABLE 55Japan Wine Cork Market, By Type, 2019 - 2022, Hundred Units
TABLE 56Japan Wine Cork Market, By Type, 2023 - 2030, Hundred Units
TABLE 57India Wine Cork Market, 2,019 - 2,022, USD Million
TABLE 58India Wine Cork Market, 2,023 - 2,030, USD Million
TABLE 59India Wine Cork Market, 2019 - 2022, Hundred Units
TABLE 60India Wine Cork Market, 2023 - 2030, Hundred Units
TABLE 61India Wine Cork Market, By Distribution Channel, 2,019 - 2,022, USD Million
TABLE 62India Wine Cork Market, By Distribution Channel, 2,023 - 2,030, USD Million
TABLE 63India Wine Cork Market, By Distribution Channel, 2019 - 2022, Hundred Units
TABLE 64India Wine Cork Market, By Distribution Channel, 2023 - 2030, Hundred Units
TABLE 65India Wine Cork Market, By Type, 2,019 - 2,022, USD Million
TABLE 66India Wine Cork Market, By Type, 2,023 - 2,030, USD Million
TABLE 67India Wine Cork Market, By Type, 2019 - 2022, Hundred Units
TABLE 68India Wine Cork Market, By Type, 2023 - 2030, Hundred Units
TABLE 69South Korea Wine Cork Market, 2,019 - 2,022, USD Million
TABLE 70South Korea Wine Cork Market, 2,023 - 2,030, USD Million
TABLE 71South Korea Wine Cork Market, 2019 - 2022, Hundred Units
TABLE 72South Korea Wine Cork Market, 2023 - 2030, Hundred Units
TABLE 73South Korea Wine Cork Market, By Distribution Channel, 2,019 - 2,022, USD Million
TABLE 74South Korea Wine Cork Market, By Distribution Channel, 2,023 - 2,030, USD Million
TABLE 75South Korea Wine Cork Market, By Distribution Channel, 2019 - 2022, Hundred Units
TABLE 76South Korea Wine Cork Market, By Distribution Channel, 2023 - 2030, Hundred Units
TABLE 77South Korea Wine Cork Market, By Type, 2,019 - 2,022, USD Million
TABLE 78South Korea Wine Cork Market, By Type, 2,023 - 2,030, USD Million
TABLE 79South Korea Wine Cork Market, By Type, 2019 - 2022, Hundred Units
TABLE 80South Korea Wine Cork Market, By Type, 2023 - 2030, Hundred Units
TABLE 81Australia Wine Cork Market, 2,019 - 2,022, USD Million
TABLE 82Australia Wine Cork Market, 2,023 - 2,030, USD Million
TABLE 83Australia Wine Cork Market, 2019 - 2022, Hundred Units
TABLE 84Australia Wine Cork Market, 2023 - 2030, Hundred Units
TABLE 85Australia Wine Cork Market, By Distribution Channel, 2,019 - 2,022, USD Million
TABLE 86Australia Wine Cork Market, By Distribution Channel, 2,023 - 2,030, USD Million
TABLE 87Australia Wine Cork Market, By Distribution Channel, 2019 - 2022, Hundred Units
TABLE 88Australia Wine Cork Market, By Distribution Channel, 2023 - 2030, Hundred Units
TABLE 89Australia Wine Cork Market, By Type, 2,019 - 2,022, USD Million
TABLE 90Australia Wine Cork Market, By Type, 2,023 - 2,030, USD Million
TABLE 91Australia Wine Cork Market, By Type, 2019 - 2022, Hundred Units
TABLE 92Australia Wine Cork Market, By Type, 2023 - 2030, Hundred Units
TABLE 93Malaysia Wine Cork Market, 2,019 - 2,022, USD Million
TABLE 94Malaysia Wine Cork Market, 2,023 - 2,030, USD Million
TABLE 95Malaysia Wine Cork Market, 2019 - 2022, Hundred Units
TABLE 96Malaysia Wine Cork Market, 2023 - 2030, Hundred Units
TABLE 97Malaysia Wine Cork Market, By Distribution Channel, 2,019 - 2,022, USD Million
TABLE 98Malaysia Wine Cork Market, By Distribution Channel, 2,023 - 2,030, USD Million
TABLE 99Malaysia Wine Cork Market, By Distribution Channel, 2019 - 2022, Hundred Units
TABLE 100Malaysia Wine Cork Market, By Distribution Channel, 2023 - 2030, Hundred Units
TABLE 101Malaysia Wine Cork Market, By Type, 2,019 - 2,022, USD Million
TABLE 102Malaysia Wine Cork Market, By Type, 2,023 - 2,030, USD Million
TABLE 103Malaysia Wine Cork Market, By Type, 2019 - 2022, Hundred Units
TABLE 104Malaysia Wine Cork Market, By Type, 2023 - 2030, Hundred Units
TABLE 105Rest of Asia Pacific Wine Cork Market, 2,019 - 2,022, USD Million
TABLE 106Rest of Asia Pacific Wine Cork Market, 2,023 - 2,030, USD Million
TABLE 107Rest of Asia Pacific Wine Cork Market, 2019 - 2022, Hundred Units
TABLE 108Rest of Asia Pacific Wine Cork Market, 2023 - 2030, Hundred Units
TABLE 109Rest of Asia Pacific Wine Cork Market, By Distribution Channel, 2,019 - 2,022, USD Million
TABLE 110Rest of Asia Pacific Wine Cork Market, By Distribution Channel, 2,023 - 2,030, USD Million
TABLE 111Rest of Asia Pacific Wine Cork Market, By Distribution Channel, 2019 - 2022, Hundred Units
TABLE 112Rest of Asia Pacific Wine Cork Market, By Distribution Channel, 2023 - 2030, Hundred Units
TABLE 113Rest of Asia Pacific Wine Cork Market, By Type, 2,019 - 2,022, USD Million
TABLE 114Rest of Asia Pacific Wine Cork Market, By Type, 2,023 - 2,030, USD Million
TABLE 115Rest of Asia Pacific Wine Cork Market, By Type, 2019 - 2022, Hundred Units
TABLE 116Rest of Asia Pacific Wine Cork Market, By Type, 2023 - 2030, Hundred Units
TABLE 117Key information - Elkem ASA
TABLE 118Key Information - ZANDUR
TABLE 119Key Information - Amorim Cork, S.A.
TABLE 120Key Information - M.A. Silva Corks, USA
TABLE 121Key Information - Allstates Rubber & Tool Corp.
TABLE 122Key Information - WidgetCo, Inc.
TABLE 123Key Information - WE Cork Inc.
TABLE 124Key Information - J.C. Ribeiro
TABLE 125Key Information - Jelinek Cork Group

Asia Pacific Wine Cork Market Size, Share & Trends Analysis Report By Distribution Channel (Offline, and Online), By Type (Natural, and Synthetic), By Country and Growth Forecast, 2023 - 2030