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Cork Revival: Forecasting the Wine Cork Market 2022-2032

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.

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Cork Revival: Forecasting the Wine Cork Market 2022-2032

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  1. The globalwine cork marketis 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. Wine corks have been an integral part of the wine industry for centuries. They serve as the perfect seal, preserving the quality, taste, and aroma of the precious liquid inside the bottle. As the popularity of wine continues to soar, so does the demand for wine corks. The Wine Cork Market encompasses the production, distribution, and consumption of these essential closures, catering to wineries, wine enthusiasts, and retailers worldwide. 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. Avail Free PDF Sample Report@https://www.futuremarketinsights.com/reports/sample/rep-gb- 6682 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. Global wine cork market: Segmentation On the basis of product type, the global wine cork market has been segmented as • Natural Wine Corks • Ice Wine Natural Corks • Pore Filled Natural Wine Corks • Double Disc Corks or Twin Top Cork • Agglomerate Wine Corks • Synthetic Wine Corks • Regular Cork • Sparkling Wine Corks • Wine-Lok / Vinolok • Zork • Others On the basis of material type, the global wine cork market has been segmented as • Plastic • Aluminum • Glass • Wood • Others On the basis of technology, the global wine cork market has been segmented as • Injection Moulding • Extrusion Moulding • Combination of injection and extrusion process On the basis of distribution channel, the global wine cork market has been segmented as • Online distribution channel • Traditional retail On the basis of region, the global wine cork market has been segmented as • North America • Latin America • Western Europe

  2. • • • Eastern Europe Asia Pacific excluding Japan Middle East & Africa Japan Personalize your report by choosing insights you need and save 40%:https://www.futuremarketinsights.com/customization-available/rep-gb-6682 Global wine cork market: Key Developments In October 2016, Helix packaging company, based in Carlton, Australia developed innovative cork system known as twist-to-open. The new twist-to-open system combines an ergonomically-designed stopper which is made from glass bottle and cork. This creates a high performing and sophisticated packaging solution for wine. Helix Packaging Company has combined all the benefits of cork and glass – quality, sustainability and premium image – with user-friendly, twist open, re-sealable convenience. Trends and Innovations in the Wine Cork Market Micro-Agglomerated Corks: Striking a Balance Micro-agglomerated corks, a newer addition to the market, combine the benefits of natural and synthetic corks. These closures are made from small cork granules and adhesive, providing consistency and eliminating the risk of cork taint. Micro-agglomerated corks offer a compromise for winemakers seeking a more reliable seal without fully parting ways with natural cork. Ask an Analyst @https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-6682

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