Wine Corks Market analysis outlooks 2022: Market size of the historic period(2017 to 2021), Market size of the forecast period (2023-2027), Groth rate | Technavio

NEW YORK, July 25, 2023 /PRNewswire/ -- The wine corks market is expected to grow by USD 3,006.6 million during the five-year forecast period, according to Technavio. As per the latest report, the market will progress at a CAGR of 5.5% during 2020-2027. The growing online wine retailing is a primary trend in the wine cork market. Due to the factors such as faster delivery services and competitive prices, there is an increase in demand for online retailing of wine globally. Additionally, there is an increase in the number of brands and wine producers that sell their products online since 2020. Several market players are adopting organic and inorganic growth strategies to enhance their delivery services. The main advantage of selling products online is that manufacturers are able to add videos and full descriptions to attract customers. Furthermore, it allows vendors to offer their products at competitive prices on online platforms as there is no involvement of middlemen. Hence, such factors are expected to drive the wine cork market growth during the forecast period. View new Sample Report within minutes!

Key Drivers-

The increasing demand for wine drives the market growth during the forecast period. There has been a significant rise find demand for wine across countries, especially in China. The increasing production, coupled with the export and import of wine, fuels the demand for wine corks and is expected to positively impact the market. Another significant factor that has contributed to the wine cork growth is the rising internet penetration and e-commerce platform. In China, manufacturers sell a wide variety of wines through both online and offline channels. Furthermore, several wineries have been launched across India over the past few years. Hence, such developments are expected to drive the wine cork market growth during the forecast period.

Significant Challenges -

Several campaigns against alcohol consumption hinder the wine cork market growth during the forecast period. In order to limit the increasing incidence of alcohol abuse and alcohol-related accidents, several regulatory and social organizations have launched campaigns against alcohol consumption. Many organizations are undertaking initiatives to educate and spread awareness regarding the harmful effects of alcoholic consumption. For example, in November 2021, The Pan-American Health Organization (PAHO) launched a new campaign, Live Better, Drink Less, to spread awareness about the harmful impacts of alcohol consumption. Furthermore, several government bodies across the world have enforced laws and regulations regarding the advertisement promoting alcoholic beverages. Hence, such enforcement of rules and regulations is negatively impacting the market, which in turn is expected to hinder the wine cork market growth during the forecast period.

Wine Corks Market 2023-2027: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Advance Cork International, Allstates Rubber and Tool Corp., Corticeira Amorim S.G.P.S S.A., Portuguese Cork Association, BOUCHONS LECLERCQ ET FILS, DIAM BOUCHAGE SAS, JACORK, J C RIBEIRO, Jelinek Cork Group, Korkindustrie Trier GmbH and Co. KG, M A Silva USA, Nagpal Cork and Jointing, Precisionelite, Sugherificio Martinese and Figli srl, Vinocor, Vinventions LLC, Waterloo Container Co., We Cork Inc., WidgetCo Inc., and Zandur are some of the major market participants. Although the rising demand for wine will offer immense growth opportunities, campaigns against alcohol consumption will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Vendor Offering

• Portuguese Cork Association: The company offers agglomerated wine cork stoppers which is designed to maintain the maturation of the wine. 
• Allstates Rubber and Tool Corp: The company offers rubber wine cork stopper which is designed to preserve and store wine for a long time. 
• Corticeira Amorim S.G.P.S S.A: The company offers ND tech wine cork which is designed to execute the sealing of bottles of alcoholic beverages such as wines, spirits, and cava in the form of stoppers. 

Wine Corks Market 2023-2027: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our wine cork market report covers the following areas:

• Wine Corks Market size
• Wine Corks Market trends
• Wine Corks Market industry analysis
• Wine Corks Market five forces analysis
• Wine Corks Market competitive landscape

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Wine Corks Market 2023-2027: Segmentation

The Wine Corks Market is segmented as below:

• Type 
• Natural
• Synthetic
• Distribution Channel
• Offline
• Online
• Geography 
• Europe
• North America
• APAC
• South America
• Middle East And Africa

The market share growth by the natural segment will be significant during the forecast period. The main source of natural wine cork is tree bark. This segment is the ideal closure for wine bottles and is widely used for red wines that is required to be aged for more than two years. These wine corks are classified into different grades based on the quality of the bark. Hence, the increasing demand for wine is expected to fuel the demand for natural wine corks. The wine cork market has tremendous potential and opportunities in the APAC region, which is expected to positively impact the market. Hence, such factors are expected to drive market growth during the forecast period.

To learn more about the impact of different segments on the market growth, Request a Sample PDF Report!

Wine Corks Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist wine corks market growth during the next five years
• Estimation of the wine corks market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the wine corks market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of wine corks market vendors

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Table Of Contents :

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 global wine corks market 2023-2027 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global wine corks market 2023-2027 2017 - 2021 ($ million)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.3 Distribution channel Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 22: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 25: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 26: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 27: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 28: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments
• Exhibit 29: Chart on Type - Market share 2022-2027 (%)
• Exhibit 30: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type
• Exhibit 31: Chart on Comparison by Type
• Exhibit 32: Data Table on Comparison by Type

• 6.3 Natural - Market size and forecast 2022-2027 
• Exhibit 33: Chart on Natural - Market size and forecast 2022-2027 ($ million)
• Exhibit 34: Data Table on Natural - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Chart on Natural - Year-over-year growth 2022-2027 (%)
• Exhibit 36: Data Table on Natural - Year-over-year growth 2022-2027 (%)

• 6.4 Synthetic - Market size and forecast 2022-2027 
• Exhibit 37: Chart on Synthetic - Market size and forecast 2022-2027 ($ million)
• Exhibit 38: Data Table on Synthetic - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Chart on Synthetic - Year-over-year growth 2022-2027 (%)
• Exhibit 40: Data Table on Synthetic - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Type 
• Exhibit 41: Market opportunity by Type ($ million)
• Exhibit 42: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments
• Exhibit 43: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 45: Chart on Comparison by Distribution Channel
• Exhibit 46: Data Table on Comparison by Distribution Channel

• 7.3 Offline - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.4 Online - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Distribution Channel 
• Exhibit 55: Market opportunity by Distribution Channel ($ million)
• Exhibit 56: Data Table on Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 58: Chart on Market share by geography 2022-2027 (%)
• Exhibit 59: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 60: Chart on Geographic comparison
• Exhibit 61: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027 
• Exhibit 62: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 65: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027 
• Exhibit 66: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 69: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 70: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 73: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 74: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 77: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 78: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 81: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 82: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 85: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 France - Market size and forecast 2022-2027 
• Exhibit 86: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 89: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.10 Italy - Market size and forecast 2022-2027 
• Exhibit 90: Chart on Italy - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Chart on Italy - Year-over-year growth 2022-2027 (%)
• Exhibit 93: Data Table on Italy - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 94: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 97: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 China - Market size and forecast 2022-2027 
• Exhibit 98: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 101: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 102: Market opportunity by geography ($ million)
• Exhibit 103: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 104: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 105: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 106: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 107: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 108: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 109: Matrix on vendor position and classification

• 12.3 Allstates Rubber and Tool Corp. 
• Exhibit 110: Allstates Rubber and Tool Corp. - Overview
• Exhibit 111: Allstates Rubber and Tool Corp. - Product / Service
• Exhibit 112: Allstates Rubber and Tool Corp. - Key offerings

• 12.4 Corticeira Amorim S.G.P.S S.A. 
• Exhibit 113: Corticeira Amorim S.G.P.S S.A. - Overview
• Exhibit 114: Corticeira Amorim S.G.P.S S.A. - Product / Service
• Exhibit 115: Corticeira Amorim S.G.P.S S.A. - Key offerings

• 12.5 Portuguese Cork Association 
• Exhibit 116: Portuguese Cork Association - Overview
• Exhibit 117: Portuguese Cork Association - Product / Service
• Exhibit 118: Portuguese Cork Association - Key offerings

• 12.6 DIAM BOUCHAGE SAS
• Exhibit 119: DIAM BOUCHAGE SAS - Overview
• Exhibit 120: DIAM BOUCHAGE SAS - Product / Service
• Exhibit 121: DIAM BOUCHAGE SAS - Key offerings

• 12.7 JACORK
• Exhibit 122: JACORK - Overview
• Exhibit 123: JACORK - Product / Service
• Exhibit 124: JACORK - Key offerings

• 12.8 J C RIBEIRO
• Exhibit 125: J C RIBEIRO - Overview
• Exhibit 126: J C RIBEIRO - Product / Service
• Exhibit 127: J C RIBEIRO - Key offerings

• 12.9 Jelinek Cork Group
• Exhibit 128: Jelinek Cork Group - Overview
• Exhibit 129: Jelinek Cork Group - Product / Service
• Exhibit 130: Jelinek Cork Group - Key offerings

• 12.10 Korkindustrie Trier GmbH and Co. KG 
• Exhibit 131: Korkindustrie Trier GmbH and Co. KG - Overview
• Exhibit 132: Korkindustrie Trier GmbH and Co. KG - Product / Service
• Exhibit 133: Korkindustrie Trier GmbH and Co. KG - Key offerings

• 12.11 MA Silva USA
• Exhibit 134: MA Silva USA - Overview
• Exhibit 135: MA Silva USA - Product / Service
• Exhibit 136: MA Silva USA - Key offerings

• 12.12 PRECISIONELITE
• Exhibit 137: PRECISIONELITE - Overview
• Exhibit 138: PRECISIONELITE - Product / Service
• Exhibit 139: PRECISIONELITE - Key offerings

• 12.13 Sugherificio Martinese and Figli srl 
• Exhibit 140: Sugherificio Martinese and Figli srl - Overview
• Exhibit 141: Sugherificio Martinese and Figli srl - Product / Service
• Exhibit 142: Sugherificio Martinese and Figli srl - Key offerings

• 12.14 Waterloo Container Co. 
• Exhibit 143: Waterloo Container Co. - Overview
• Exhibit 144: Waterloo Container Co. - Product / Service
• Exhibit 145: Waterloo Container Co. - Key offerings

• 12.15 WE Cork Inc.
• Exhibit 146: WE Cork Inc. - Overview
• Exhibit 147: WE Cork Inc. - Product / Service
• Exhibit 148: WE Cork Inc. - Key offerings

• 12.16 WidgetCo Inc.
• Exhibit 149: WidgetCo Inc. - Overview
• Exhibit 150: WidgetCo Inc. - Product / Service
• Exhibit 151: WidgetCo Inc. - Key offerings

• 12.17 ZANDUR
• Exhibit 152: ZANDUR - Overview
• Exhibit 153: ZANDUR - Product / Service
• Exhibit 154: ZANDUR - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 155: Inclusions checklist
• Exhibit 156: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 157: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 158: Research methodology
• Exhibit 159: Validation techniques employed for market sizing
• Exhibit 160: Information sources

• 13.5 List of abbreviations 
• Exhibit 161: List of abbreviations

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