Global Wine Cork Market was valued at USD XX million in 2019 and is expected to grow with a CAGR of XX % over the forecast period 2020-2027. Wine Corks are cap used to seal a wine bottle. Which is made cork oak. Cork is manufactured for still wine and sparkle wine as well. Consumers prefer wine with cork stoppers due to this demand of cork stopper has been increasing, the cork stopper has exclusive capacities to inaccessibility and endurance, which allow managing micro-oxygenation and aging of the wine, while preserving its quality and elasticity. The. Plastic Cork market is more hygiene, recyclable, washable and it increase demand of global wine cock market In 2019, Wine cork market is in its maturity stage but continuous growth and launches in alcohol segment enforce the market to grow in the forecasting period. Wine Cork market growth is driven by power of sustainability and recycling services. At Present, Cork market is undergoing green revolution as wine manufacturing companies focusing on recycling services. For instance, as per ReCORK (North America largest natural wine cork recycle program) launched in 2008 by Canadian footwear company SOLE. This company makes alliances business and individual who collect and recycle wine cork. This cork used to make natural and sustainable replacements to petroleum-centered foams and plastics. However oak tree preservation and protection standards and government policies are hindering the growth of market over the forecasting period 2020-2027.
The regional analysis of the Wine Cork Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. In which, North America is drive the market growth due to rising popularity of wine and considerable of wine production unit. However, APAC is recording the highest market shares of Wine Cork market over the forecasting years, leading factors urbanization and immense growth of Wine Cork market are increasing opportunities for the region.

Key Players in Global Wine Cork Market
elinek 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
Helix Packaging
Precision Elite limited company


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material Type:
Plastic
Aluminium
Glass
Wood
Others

By Technology:
Injection Moulding
Extrusion Moulding
Combination of injection and extrusion process

By Distribution Channel:
Online distribution channel
Traditional retail

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy


Asia Pacific
China
India
Japan
Australia


Latin America
Brazil
Mexico
Rest of LA
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year 2017, 2018
Base year 2019
Forecast period 2020 to 2027

Target Audience of Global Wine Cork Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors