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.
Corked stopper industry has an intense competition in recent years. American consumers prefer wine with cork stoppers. In the past five years, the survey found that top 100 wine companies using cork stoppers lead the growth of the wine market. As of April 2015 , the use of cork packaging wines accounted for 59% market share, while five years ago, this share is only 50 %.
The technology here is continuing developing. What is more, its growth rate is very high with a growth rate of 9.95% in 2015. Even though the alternative products resulting in the market more competitive. The main drivers of the market here are: the development of the economy and, advances in cork technology innovation and sorting, testing technology, cork contamination problem has been greatly reduced, increase demand of wine, sustainable environmental awareness.
At present, there are nine companies make up more than 85 % market share of the US Cork Stoppers market in 2015, and the top two manufacturers are Nomacorc and Cork Supply, making more than 50% market share of the total market in US.
The US Cork Stoppers market has been growing fast in recent years; the manufacturers are facing the fierce competition in the market. Multinational and domestic companies together occupy a big market share of the United States market through their quantity products and advance technology.
The global Cork Stoppers market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Cork Stoppers market based on company, product type, end user and key regions.
This report studies the global market size of Cork Stoppers in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Cork Stoppers in these regions.
This research report categorizes the global Cork Stoppers market by top players/brands, region, type and end user. This report also studies the global Cork Stoppers market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Nomacorc
Cork Supply
Corticeira Amorim
MaSilva
Lafitte
Rich Xiberta
Portocork America
WidgetCo
Jelinek Cork Group
AMORIM
BENEBO
Market size by Product
Natural Cork Stopper
Agglomerated Cork Stopper
Capsulated cork stoppers
Market size by End User
Wine
Crafts
Special bottled liquid
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Cork Stoppers market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Cork Stoppers market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Cork Stoppers companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Cork Stoppers submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Cork Stoppers are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Cork Stoppers market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Cork Stoppers . Industry analysis & Market Report on Cork Stoppers is a syndicated market report, published as Global Cork Stoppers Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Cork Stoppers market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.