*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Wine Corks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global wine corks market exhibited negative growth in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 2.5% during 2021-2026.

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:

IMARC Group provides an analysis of the key trends in each sub-segment of the global wine corks market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, 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.

Report Coverages:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Type, Distribution Channel, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
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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?

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$), 2015-2020
Figure 3: Global: Wine Corks Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Wine Corks Market: Breakup by Type (in %), 2020
Figure 5: Global: Wine Corks Market: Breakup by Distribution Channel (in %), 2020
Figure 6: Global: Wine Corks Market: Breakup by Region (in %), 2020
Figure 7: Global: Wine Corks (Natural) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Global: Wine Corks (Natural) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Global: Wine Corks (Synthetic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Wine Corks (Synthetic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Wine Corks (Offline) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Wine Corks (Offline) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Wine Corks (Online) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Wine Corks (Online) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: North America: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: North America: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: United States: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: United States: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Canada: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Canada: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Asia-Pacific: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Asia-Pacific: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: China: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: China: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Japan: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Japan: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: India: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: India: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: South Korea: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: South Korea: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Australia: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Australia: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Indonesia: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Indonesia: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Others: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Others: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Europe: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Europe: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Germany: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Germany: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: France: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: France: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: United Kingdom: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: United Kingdom: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Italy: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Italy: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Spain: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Spain: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Russia: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Russia: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Others: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Others: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Latin America: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Latin America: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Brazil: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Brazil: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Mexico: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Mexico: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Others: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Others: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Middle East and Africa: Wine Corks Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Middle East and Africa: Wine Corks Market: Breakup by Country (in %), 2020
Figure 63: Middle East and Africa: Wine Corks Market Forecast: Sales Value (in Million US$), 2021-2026
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, 2020 and 2026
Table 2: Global: Wine Corks Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Wine Corks Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 4: Global: Wine Corks Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Wine Corks Market: Competitive Structure
Table 6: Global: Wine Corks Market: Key Players

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