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PUBLISHER: Polaris Market Research | PRODUCT CODE: 1338915
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1338915
Cork Stopper Market Share, Size, Trends, Industry Analysis Report, By Type (Natural Cork Stoppers, Champagne/Sparkling Wine Cork Stoppers, Bartop Cork Stoppers, Multi-piece Cork Stoppers, Others); Application; Region; Segment Forecast, 2023-2032
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The global Cork Stopper market size is expected to reach USD 4.52 billion by 2032, according to a new study by Polaris Market Research. The report "Cork Stopper Market Share, Size, Trends, Industry Analysis Report, By Type (Natural Cork Stoppers, Champagne/Sparkling Wine Cork Stoppers, Bartop Cork Stoppers, Multi-piece Cork Stoppers, Others), By Application, By Region, Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Market is driven by the growth of the wine industry, which is experiencing steady expansion globally. This growth is fueled by changing consumer preferences, increasing demand from emerging markets, and a growing preference for premium wines that require high-quality packaging to maintain their taste and aroma. As more wine producers enter the market and existing producers expand their operations, the demand for cork stoppers is expected to rise. In addition to the growth of the wine industry, there is a growing trend towards sustainability in the wine industry, which has led to an increased demand for natural cork stoppers.
Natural cork stoppers are biodegradable, recyclable, and compostable, making them an eco-friendly option for wine packaging. As consumers become more environmentally conscious, many winemakers are choosing natural cork stoppers over synthetic alternatives. For Example, Amorim, a Portuguese company that is the world's leading producer of cork stoppers, has been investing heavily in sustainability initiatives, including reducing its carbon footprint and developing new technologies to recycle and repurpose cork waste. This has helped the company to meet the growing demand for sustainable products and maintain its position in the market.
Furthermore, the rise of craft distilleries and microbreweries in many countries has also contributed to the growth of the market. These producers often use cork stoppers for their products, which include not only wine but also spirits and beer. This has further boosted the demand for cork stoppers in the market. The COVID-19 pandemic has had a significant impact on the market. With the decrease in demand from the wine industry due to restaurant and bar closures, disruptions in the supply chain, and changes in consumer behavior, the market has faced several challenges. However, the shift towards purchasing wine for at-home consumption through online and retail channels has partially offset the decrease in demand. As the wine industry adapts to the new normal, the demand for cork stoppers is expected to increase, providing opportunities for growth in the market.
In February 2023, Nomacorc, a brand under the Vinventions Group, has launched Nomacorc Ocean, the world's first wine closure that helps protect the oceans. Nomacorc Ocean is made from a plant-based polymer called BioPET and contains 30% ocean-bound plastics, which are plastics collected from at-risk coastal areas before they enter the ocean. By using ocean-bound plastics, Nomacorc Ocean aims to reduce plastic waste and support a circular economy.
Cork Stopper Market Report Highlights
The natural cork segment is expected to maintain its dominance in the market due to Its unique character that adds to the wine's flavor, making it the preferred choice of many wine producers.
The wines segment dominates the market with a major revenue in 2022, driven by the expansion of the wine industry and increasing demand from emerging markets.
North America dominates the market with a major revenue in 2022, driven by high consumption of premium-aged wines and spirits.
The global players include: Amorim, Cork Supply, Nomacorc, Trefinos, WidgetCo, Jelinek Cork Group and others.
Polaris Market Research has segmented the Cork Stopper market report based on type, product, application and region:
Cork Stopper, Type Outlook (Revenue, USD Billion, 2019 - 2032)
- Natural Cork Stoppers
- Champagne/Sparkling Wine Cork Stoppers
- Bartop Cork Stoppers
- Multi-piece Cork Stoppers
- Others
Cork Stopper, Application Outlook (Revenue, USD Billion, 2019 - 2032)
- Wines
- Spirits
- Fragrances
- Oils
- Others
Cork Stopper, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Product Code: PM3359
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Applications
- 3.2.1. Primary Applications
- 3.2.2. Secondary Applications
4. Global Cork Stopper Market Insights
- 4.1. Cork Stopper Market - Industry Snapshot
- 4.2. Cork Stopper Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising demand for automated and lean warehouses
- 4.2.1.2. Increasing prevalence of modular solutions to optimize the customer productivity
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High cost
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Cork Stopper Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Cork Stopper Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Cork Stopper, by Type, 2019-2032 (USD Billion)
- 5.3. Natural Cork Stoppers
- 5.3.1. Global Cork Stopper Market, by Natural Cork Stoppers, by Region, 2019-2032 (USD Billion)
- 5.4. Champagne/Sparkling Wine Cork Stoppers
- 5.4.1. Global Cork Stopper Market, by Champagne/Sparkling Wine Cork Stoppers, by Region, 2019-2032 (USD Billion)
- 5.5. Bartop Cork Stoppers
- 5.5.1. Global Cork Stopper Market, by Bartop Cork Stoppers, by Region, 2019-2032 (USD Billion)
- 5.6. Multi-piece Cork Stoppers
- 5.6.1. Global Cork Stopper Market, by Multi-piece Cork Stoppers, by Region, 2019-2032 (USD Billion)
- 5.7. Others
- 5.7.1. Global Cork Stopper Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Cork Stopper Market, by Power Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 6.3. Wines
- 6.3.1. Global Cork Stopper Market, by Wines, by Region, 2019-2032 (USD Billion)
- 6.4. Spirits
- 6.4.1. Global Cork Stopper Market, by Spirits, by Region, 2019-2032 (USD Billion)
- 6.5. Fragrances
- 6.5.1. Global Cork Stopper Market, by Fragrances, by Region, 2019-2032 (USD Billion)
- 6.6. Oils
- 6.6.1. Global Cork Stopper Market, by Oils, by Region, 2019-2032 (USD Billion)
- 6.7. Others
- 6.7.1. Global Cork Stopper Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Cork Stopper Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Cork Stopper Market Assessment, By Geography, 2019-2032 (USD Billion)
- 7.3. Cork Stopper Market - North America
- 7.3.1. North America: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.3.2. North America: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.3.3. Cork Stopper Market - U.S.
- 7.3.3.1. U.S.: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.3.3.2. U.S.: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.3.4. Cork Stopper Market - Canada
- 7.3.4.1. Canada: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.3.4.2. Canada: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.4. Cork Stopper Market - Europe
- 7.4.1. Europe: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.4.2. Europe: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.4.3. Cork Stopper Market - UK
- 7.4.3.1. UK: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.4.3.2. UK: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.4.4. Cork Stopper Market - France
- 7.4.4.1. France: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.4.4.2. France: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.4.5. Cork Stopper Market - Germany
- 7.4.5.1. Germany: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.4.5.2. Germany: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.4.6. Cork Stopper Market - Italy
- 7.4.6.1. Italy: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.4.6.2. Italy: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.4.7. Cork Stopper Market - Spain
- 7.4.7.1. Spain: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.4.7.2. Spain: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.4.8. Cork Stopper Market - Netherlands
- 7.4.8.1. Netherlands: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.4.8.2. Netherlands: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.4.9. Cork Stopper Market - Russia
- 7.4.9.1. Russia: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.4.9.2. Russia: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.5. Cork Stopper Market - Asia Pacific
- 7.5.1. Asia Pacific: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.5.2. Asia Pacific: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.5.3. Cork Stopper Market - China
- 7.5.3.1. China: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.5.3.2. China: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.5.4. Cork Stopper Market - India
- 7.5.4.1. India: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.5.4.2. India: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.5.5. Cork Stopper Market - Malaysia
- 7.5.5.1. Malaysia: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.5.5.2. Malaysia: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.5.6. Cork Stopper Market - Japan
- 7.5.6.1. Japan: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.5.6.2. Japan: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.5.7. Cork Stopper Market - Indonesia
- 7.5.7.1. Indonesia: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.5.7.2. Indonesia: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.5.8. Cork Stopper Market - South Korea
- 7.5.8.1. South Korea: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.5.8.2. South Korea: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.6. Cork Stopper Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.6.2. Middle East & Africa: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.6.3. Cork Stopper Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.6.3.2. Saudi Arabia: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.6.4. Cork Stopper Market - UAE
- 7.6.4.1. UAE: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.6.4.2. UAE: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.6.5. Cork Stopper Market - Israel
- 7.6.5.1. Israel: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.6.5.2. Israel: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.6.6. Cork Stopper Market - South Africa
- 7.6.6.1. South Africa: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.6.6.2. South Africa: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.7. Cork Stopper Market - Latin America
- 7.7.1. Latin America: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.7.2. Latin America: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.7.3. Cork Stopper Market - Mexico
- 7.7.3.1. Mexico: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.7.3.2. Mexico: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.7.4. Cork Stopper Market - Brazil
- 7.7.4.1. Brazil: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.7.4.2. Brazil: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- 7.7.5. Cork Stopper Market - Argentina
- 7.7.5.1. Argentina: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- 7.7.5.2. Argentina: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Amorim
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Cork Supply
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Nomacorc, Trefinos
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. WidgetCo
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Jelinek Cork Group
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Zanduco Restaurant Equipment and Supplies
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Ganpati Agencies
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Mailliard's Landing Nursery
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Corticeira Amorim SGPS
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. We Cork Inc
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. Solvay
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
- 9.12. M.A. Silva USA
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
- 9.13. WidgetCo, Inc
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.13.4. Recent Development
- 9.14. Caprihans India Limited
- 9.14.1. Company Overview
- 9.14.2. Financial Performance
- 9.14.3. Product Benchmarking
- 9.14.4. Recent Development
Product Code: PM3359
List of Tables
- Table 1 Global Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 2 Global Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 3 Cork Stopper Market Assessment, By Geography, 2019-2032 (USD Billion)
- Table 4 North America: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 5 North America: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 6 U.S.: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 7 U.S.: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 8 Canada: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 9 Canada: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 10 Europe: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 11 Europe: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 12 UK: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 13 UK: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 14 France: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 15 France: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 16 Germany: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 17 Germany: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 18 Italy: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 19 Italy: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 20 Spain: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 21 Spain: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 22 Netherlands: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 23 Netherlands: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 24 Russia: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 25 Russia: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 26 Asia Pacific: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 27 Asia Pacific: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 28 China: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 29 China: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 30 India: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 31 India: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 32 Malaysia: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 33 Malaysia: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 34 Japan: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 35 Japan: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 36 Indonesia: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 37 Indonesia: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 38 South Korea: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 39 South Korea: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 40 Middle East & Africa: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 41 Middle East & Africa: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 42 Saudi Arabia: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 43 Saudi Arabia: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 44 UAE: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 45 UAE: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 46 Israel: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 47 Israel: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 48 South Africa: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 49 South Africa: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 50 Latin America: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 51 Latin America: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 52 Mexico: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 53 Mexico: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 54 Brazil: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 55 Brazil: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
- Table 56 Argentina: Cork Stopper Market, by Power Application, 2019-2032 (USD Billion)
- Table 57 Argentina: Cork Stopper Market, by Type, 2019-2032 (USD Billion)
List of Figures
- Figure 1 Global Cork Stopper Market, 2019-2032 (USD Billion)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4 Market by Geography
- Figure 5 Porter's Five Forces
- Figure 6 Market by Power Application
- Figure 7 Global Cork Stopper Market, by Power Application, 2022 & 2032 (USD Billion)
- Figure 8 Market by Type
- Figure 9 Global Cork Stopper Market, by Type, 2022 & 2032 (USD Billion)
- Figure 10 Cork Stopper Market Assessment, By Geography, 2019-2032 (USD Billion)
- Figure 11 Strategic Analysis - Cork Stopper Market
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