Product Code: 23310
The Global Wine Cork Market, valued at USD 7.99 Billion in 2024, is projected to experience a CAGR of 4.67% to reach USD 10.51 Billion by 2030. Wine corks are closures primarily derived from the bark of the cork oak tree, essential for sealing wine bottles and facilitating optimal wine aging by regulating oxygen exchange. The global market's growth is supported by several key drivers including the increasing worldwide consumption of wine and the expansion of wineries across various regions.
| Market Overview |
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 7.99 Billion |
| Market Size 2030 | USD 10.51 Billion |
| CAGR 2025-2030 | 4.67% |
| Fastest Growing Segment | Online |
| Largest Market | Europe |
Key Market Drivers
Global wine consumption remains a foundational element driving the demand for wine corks, as it dictates the overall volume of bottles requiring closures. While recent trends indicate a slight contraction, the sheer scale of the market ensures a consistent need for sealing solutions. For instance, according to the International Organisation of Vine and Wine (OIV), in its "State of the World Vine and Wine Sector in 2023" report published in April 2024, global wine consumption was estimated at 221 million hectolitres in 2023, representing a 2.6% decrease from the previous year.
Key Market Challenges
The challenging factor impeding the Global Wine Cork Market growth is the expanding adoption of alternative wine closures, primarily screw caps and synthetic stoppers. These alternatives offer perceived benefits in terms of cost-effectiveness, consistency in quality, and a notable reduction in the risk of cork taint. Wineries are increasingly prioritizing these characteristics, influencing packaging decisions away from traditional cork and thereby limiting its market opportunities.
Key Market Trends
Enhanced Sustainability in Cork Production and Sourcing is a significant trend, driven by increasing consumer and industry demand for environmentally responsible practices. This trend encompasses sustainable forestry management, reduced carbon footprints, and circular economy initiatives within the cork sector. For instance, Portuguese cork stopper exports demonstrated a 21% increase in value in 2023 compared to the previous year, according to the Portuguese Cork Association (APCOR).
Key Market Players
- Amorim Cork, S.A.
- Jelinek Cork Group
- Waterloo Container Company
- Korkindustrie GmbH & Co. KG
- Bangor Cork Inc.
- Sugherificio Martinese & Figli Srl
- J. C. Ribeiro, S. A.
- WidgetCo, Inc.
- J.A. Corks & Capsules Ltd
- M.A. Silva Corks, USA
Report Scope:
In this report, the Global Wine Cork Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Wine Cork Market, By Type:
Wine Cork Market, By Distribution Channel:
Wine Cork Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies presents in the Global Wine Cork Market.
Available Customizations:
Global Wine Cork Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Overview of the Market
- 3.2. Overview of Key Market Segmentations
- 3.3. Overview of Key Market Players
- 3.4. Overview of Key Regions/Countries
- 3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Wine Cork Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Market Share & Forecast
- 5.2.1. By Type (Natural, Synthetic)
- 5.2.2. By Distribution Channel (Online, Offline)
- 5.2.3. By Region
- 5.2.4. By Company (2024)
- 5.3. Market Map
6. North America Wine Cork Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Distribution Channel
- 6.2.3. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Wine Cork Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Type
- 6.3.1.2.2. By Distribution Channel
- 6.3.2. Canada Wine Cork Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Type
- 6.3.2.2.2. By Distribution Channel
- 6.3.3. Mexico Wine Cork Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Type
- 6.3.3.2.2. By Distribution Channel
7. Europe Wine Cork Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Distribution Channel
- 7.2.3. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. Germany Wine Cork Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Type
- 7.3.1.2.2. By Distribution Channel
- 7.3.2. France Wine Cork Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Type
- 7.3.2.2.2. By Distribution Channel
- 7.3.3. United Kingdom Wine Cork Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Type
- 7.3.3.2.2. By Distribution Channel
- 7.3.4. Italy Wine Cork Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Type
- 7.3.4.2.2. By Distribution Channel
- 7.3.5. Spain Wine Cork Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Type
- 7.3.5.2.2. By Distribution Channel
8. Asia Pacific Wine Cork Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Distribution Channel
- 8.2.3. By Country
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Wine Cork Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Type
- 8.3.1.2.2. By Distribution Channel
- 8.3.2. India Wine Cork Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Type
- 8.3.2.2.2. By Distribution Channel
- 8.3.3. Japan Wine Cork Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Type
- 8.3.3.2.2. By Distribution Channel
- 8.3.4. South Korea Wine Cork Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Type
- 8.3.4.2.2. By Distribution Channel
- 8.3.5. Australia Wine Cork Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Type
- 8.3.5.2.2. By Distribution Channel
9. Middle East & Africa Wine Cork Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Distribution Channel
- 9.2.3. By Country
- 9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Wine Cork Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Type
- 9.3.1.2.2. By Distribution Channel
- 9.3.2. UAE Wine Cork Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Type
- 9.3.2.2.2. By Distribution Channel
- 9.3.3. South Africa Wine Cork Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Type
- 9.3.3.2.2. By Distribution Channel
10. South America Wine Cork Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Distribution Channel
- 10.2.3. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Wine Cork Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Type
- 10.3.1.2.2. By Distribution Channel
- 10.3.2. Colombia Wine Cork Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Type
- 10.3.2.2.2. By Distribution Channel
- 10.3.3. Argentina Wine Cork Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Type
- 10.3.3.2.2. By Distribution Channel
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends & Developments
- 12.1. Merger & Acquisition (If Any)
- 12.2. Product Launches (If Any)
- 12.3. Recent Developments
13. Global Wine Cork Market: SWOT Analysis
14. Porter's Five Forces Analysis
- 14.1. Competition in the Industry
- 14.2. Potential of New Entrants
- 14.3. Power of Suppliers
- 14.4. Power of Customers
- 14.5. Threat of Substitute Products
15. Competitive Landscape
- 15.1. Amorim Cork, S.A.
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
- 15.2. Jelinek Cork Group
- 15.3. Waterloo Container Company
- 15.4. Korkindustrie GmbH & Co. KG
- 15.5. Bangor Cork Inc.
- 15.6. Sugherificio Martinese & Figli Srl
- 15.7. J. C. Ribeiro, S. A.
- 15.8. WidgetCo, Inc.
- 15.9. J.A. Corks & Capsules Ltd
- 15.10. M.A. Silva Corks, USA
16. Strategic Recommendations
17. About Us & Disclaimer