Increasing Demand for Wine Packaging Solutions Drives Global Wine Cork Market Growth by 2032

According to Future Market Insights research, during the projected period, the global wine cork market is set to enjoy a valuation of US$ 59.3 Million in 2022, and further expand at a CAGR of 4.5% to reach US$ 92.2 Million by the year 2032.

Consumers prefer to buy wines with cork stoppers. Cork demand has increased due to a larger proportion of wine being sealed with cork rather than being sold in bulk. The wine cork allows optimum control of oxygen transfer through the closure. The outer flexible skin of wine cork provides a traditional appearance.

The elastic property of the cork is influenced by its moisture content. The cork remains fairly elastic for insertion into the bottle within a moisture content. The cork stopper has exclusive distinctive qualities, which interact beneficially with wine. It contributes to developing its character, gives it authenticity and brings it value.

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The cork stopper has unique capacities such as impermeability and resistance, which allows managing micro-oxygenation and flawlessly ensures a successful maturation and aging of the wine, while preserving its essence, flexibility etc.

Plastic cork is gaining importance in the global wine cork market. The plastic cork is even better, more hygienic, more recyclable, more washable, less cross-contaminate-prone, easier to manufacture with, more printable, just as corkscrew-capable, more durable, less prone to shattering, never flawed with internal rocks , non-rotting, less chemically interactive, better sealing and cheaper.

Global wine cork market: Key players

Some of the key players in the global wine cork market are Jelinek Cork Group, Wine Enthusiast Companies, Widgetco, Inc., Amorim Cork Composites S.A., Bangor Cork Inc., Keval Import Export private limited, Waterloo Container Company, M.A. Silva USA, LLC, Helix Packaging, Precision Elite limited company, Elkem Silicones limited, Allstates Rubber Inc. & Tool Corp.

Natural cork is mostly used the global wine cork market. Its main objective is to preserve wine for long-term storage. Natural corks, the most popular and well-known, have been used for centuries due to the elasticity of their cellular structure. Natural cork is malleable to a certain extent, with the ability to contract and expand. It is almost airtight because some air is able to pass through natural cork, because microscopically there are holes inside the cork structure. This can be beneficial or harmful, depending on the type of wine that is stored.

Synthetic corks is used on a large scale within the wine cork market for the last three decades. They are most commonly made from oil-based plastic, while certain synthetic cork manufacturers are also experimenting with the use of plant-based polymers of corn and sugar cane. Synthetic corks can be advantageous for winemakers who are looking to achieve a scientific degree of oxygen transfer. These materials can be made with various densities and different materials.

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