Wine Cork Market Size & Share | Global Industry Report for 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. 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. 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. Global wine cork market overview Worldwide wine cork production is estimated to be slightly less than 13 billion in 2017. The estimate includes agglomerated cork stoppers and champagne corks. Worldwide production of cork is estimated to be 3,075,000 tons in 2017. 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,