Wine Stoppers Market Scope
Wine stoppers are used to seal leftover wine bottles before refrigerating and are commonly available in cork, metal, or plastic materials. Demand for vacuum preservation has been increasing among consumers as it helps to keep wine good for a long span after opening the bottle. Increasing consumption of wines and the high growth of home bars in developed countries will accelerate the demand for decorative stoppers for bar décor. Further, the high growth of the wine industry in the Europe and presence of major wine cork manufacturers in Portugal will accelerate the market.
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|Key Companies Profiled||S. K. Plastic (India), Portugaliacork (Portugal), Accurate Products, Inc. (United States), Cortica Benicia USA (United States), António Almeida Cortiças (Portugal), Enovitis (Serbia), Sugherificio Martinese & Figli Srl (Italy), Ganau (Italy), MASILVA (Portugal), Amorim Cork America (United States), Jelinek Cork Group (Canada) and Cork Janosa, sro (Czechia)|
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
S. K. Plastic (India), Portugaliacork (Portugal), Accurate Products, Inc. (United States), Cortica Benicia USA (United States), António Almeida Cortiças (Portugal), Enovitis (Serbia), Sugherificio Martinese & Figli Srl (Italy), Ganau (Italy), MASILVA (Portugal), Amorim Cork America (United States), Jelinek Cork Group (Canada) and Cork Janosa, sro (Czechia) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Wine Stoppers market by Type (Decorative Stoppers, Vacuum Preservation Stoppers and Pourer Stoppers), by Application (Household and Commercial) and Region with country level break-up.On the basis of application, segment is dominating the market in the year 2021
On the basis of geography, the market of Wine Stoppers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2021.
Market Leaders and their expansionary development strategiesIn 2020, Grande Banditta Company launched a new type of temporary wine stoppers for glass bottles. The stopper is made of brass which is available at a much lower and affordable cost with two different colors such as silver and gold ribbon.
- Emerging Trend of Vacuum-Sealed Wine Stoppers to Remove Oxygen from Bottle In Order to Increase Lifespan of Wine After Opening Bottle
- Growing Demand for Decorative Wine Stoppers for Home Bar Décor
- Increasing Consumption of Wine Due to Increasing Disposable Income of People and Luxury Lifestyle
- Growing Popularity of Cork Materials Among the Consumers for Sealing Wine Bottles Due to Its Out Standing Performance, Durability, and Chemical Stability
- High Consumption of Wine in the United States and European Countries like Portugal, France, and Italy Will Create Significant Opportunities
- High Cost Associated With Natural Cork Due to Limited Resources May Restraint the Market
- Inconsistent Manufacturing Quality of Some Types of Wine Stoppers Can Limit the Market Growth
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Wine Stoppers Manufacturers, Wine Stoppers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, Government Bodies and Research Organizations, End-Users and Others
Frequently Asked Questions (FAQ):
1. What are the key segments playing vital role in Wine Stoppers Market?
The Wine Stoppers study can be customized to meet your requirements. The market size breakdown by type [Decorative Stoppers, Vacuum Preservation Stoppers and Pourer Stoppers], by end use application [Household and Commercial].
2. How big is the Wine Stoppers Market?
The Wine Stoppers Market is gaining popularity and expected to see strong valuation by 2027.