Cork Material Market size was valued at US$ 5.00 Bn in 2023 and the total revenue is expected to grow at 6% through 2024 to 2030, reaching nearly US$ 7.52 Bn. The Cork Material market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Cork Material report also provides trends by market segments, technology, and investment with a competitive landscape.Cork Material Market Overview:
Cork is material is used for a variety of products with time consumption of cork has increased it is used for bottle closures, especially wine bottles. The cork market is expected to reach US$ 7.10 Bn during the forecast period. Its properties include high buoyancy, elasticity and flame retardancy. Cork is a cushioning material that is similar to many layers of microscopic Bubble Wrap.To know about the Research Methodology :- Request Free Sample Report The bubble-shaped structure of cork and the natural fire retardant property make it sound insulation and heat treatment on walls, floors and ceilings and facades. The cork oak tree provides the raw material for cork products. When a cork tree reaches the age of 20 years, it is ready for its first harvest. In addition, the production of mass composite cork includes binders or adhesives such as asphalt, rubber, plaster of Paris, glue and plastic for granulated cork. The twentieth century saw a massive expansion, owing primarily to the development of several cork-based industries. Cork is a very versatile raw material that undergoes various technological transformation processes, yielding a variety of products that can be used in a variety of applications.
Cork Material Market Dynamics:
An increase in the demand for cork applications has boosted the growth of the cork material market. Cork is being used by a number of fashion designers to create footwear, jewellery, and dresses. Furthermore, cork forests improve soil organic matter, aid in the regulation of the hydrological cycle, protect against erosion and fire, and promote biodiversity. Cork is even used in the Metro light railway carriages, the interior of a top-of-the-line Mercedes Benz, and aircraft. NASA and the European Space Agency. With Increase in demand from the alcoholic beverage industry is driving the cork material market. Rising disposable income, changing lifestyles, and westernization are all factors driving the cork material market. Another key driver of the cork material market is the rise in demand in the sports sector; cork is used in the manufacture of badminton shuttles baseball ball, cricket and even football balls The increase in the demand for cork wine stoppers is also one of the driving force in the growth of the cork material market However, less consumer awareness of other uses for cork material is expected to sideline the overall growth of the cork material market. And Because of the COVID-19 Pandemic, most countries have gone into lockdown, causing most bars, restaurants, and wine shops to closed and production units are not finding transporting vessels which in turn causes low storage of products and impacting the Cork Material market growth.Cork Material Market Segment Analysis:
By product type, flooring is the most dominating segment and held the largest share in the cork Material market in recent years. Cork is an entirely natural, recurring, and easily replenishable material. Cork flooring systems can be installed in the same way that regular ceramic or glass mosaic tile is, on uneven surfaces and over existing flooring systems such as wood or linoleum. Furthermore, cork flooring is an excellent material for retrofitted buildings and can be used as an underlayment layer for ceramic, wood, or stone flooring. Cork floors are naturally resistant to fire. By application type, the building and decoration segment has dominated the market in recent years and is growing at a CAGR of xx% due to the increasing use of cork Material in various building and decoration applications. A segment of Food and Beverage has also shown growth in recent years. Due to corks sustainability and elasticity the use of cork has increased with time and is expected to grow in the forecast period. The segment of Aerospace a sub-segment of the Application Market of Cork has also grown as with the increase in the manufacturing of aviation products the demand for cork has increased as it is protective, lightweight and is essential in installing heavy metals. Aerospace is anticipated to show the most growth in the forecast period.Cork Material Market Regional Insights:
Europe is the most dominating region for Cork Material Market and it leads the world in wine production, with nearly half of the global wine-growing area and approximately 65% of production by volume. Furthermore, there is an increasing demand for cork stoppers from wineries, which is expected to propel the cork Market. According to international trade Spain, Poland, Italy, Portugal were the top countries in terms of exporting cork. Whereas countries like Spain, Poland and Slovakia were the top importers of cork. With continuous importing and exporting of cork, it is expected that the European market will grow in the forecast period. According to the European Commission, people have increased investment in the construction sector and the demand for cork material ceiling, floor and facades is on the rise and eventually, it will increase the construction work. With the increase in the demand for cork materials in the construction sector, the cork material market is expected to grow. Asia Pacific region is expected to grow most during the forecast period due to an increase in the awareness of the cork materials, their uses and benefits in different sectors. India and China are expected to increase the import of cork in the forecast period followed by North & South America and the Middle East & Africa. The objective of the report is to present a comprehensive analysis of the Global Cork Material Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global market dynamics, structure by analyzing the market segments and project the global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market make the report investor’s guide.Cork Material Market Scope: Inquire before buying
Cork Material Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 5.00 Bn. Forecast Period 2024 to 2030 CAGR: 6% Market Size in 2030: US $ 7.52 Bn. Segments Covered: by Product Anti-vibration products Clutch plates DIY (Do It Yourself) product Flooring product Sheets & rolls Polish wheels by Application Wine bottles Thermal insulation Building & Decorations Sports Bulletin boards Aerospace Food and Beverages Cork Material Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Cork Material Market, Key Players:
1. Ecore International 2. CHARLES CANTRILL LTD 3. Nu-Cork 4. AMORIN 5. Granorte 6. Corksribas 7. MJO Cork 8. LICO 9. Globus Cork 10. WE cork 11. Expanko 12. Cork link group 13. CP Lab Safety 14. Advance cork international 15. Widgetco, INC Frequently Asked Questions: 1. Which region has the largest share in Global Cork Material Market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of Global Cork Material Market? Ans: The Global Cork Material Market is growing at a CAGR of 6% during forecasting period 2024-2030. 3. What is scope of the Global Cork Material Market report? Ans: Global Cork Material Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Cork Material Market? Ans: The important key players in the Global Cork Material Market are – Ecore International, CHARLES CANTRILL LTD, Nu-Cork, AMORIN, Granorte, Corksribas, MJO Cork, LICO, Globus Cork, WE cork, Expanko, Cork link group, CP Lab Safety, Advance cork international, Widgetco, and INC 5. What is the study period of this Market? Ans: The Global Cork Material Market is studied from 2023 to 2030.
1. Cork Material Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Cork Material Market: Dynamics 2.1. Cork Material Market Trends by Region 2.1.1. North America Cork Material Market Trends 2.1.2. Europe Cork Material Market Trends 2.1.3. Asia Pacific Cork Material Market Trends 2.1.4. Middle East and Africa Cork Material Market Trends 2.1.5. South America Cork Material Market Trends 2.2. Cork Material Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Cork Material Market Drivers 2.2.1.2. North America Cork Material Market Restraints 2.2.1.3. North America Cork Material Market Opportunities 2.2.1.4. North America Cork Material Market Challenges 2.2.2. Europe 2.2.2.1. Europe Cork Material Market Drivers 2.2.2.2. Europe Cork Material Market Restraints 2.2.2.3. Europe Cork Material Market Opportunities 2.2.2.4. Europe Cork Material Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Cork Material Market Drivers 2.2.3.2. Asia Pacific Cork Material Market Restraints 2.2.3.3. Asia Pacific Cork Material Market Opportunities 2.2.3.4. Asia Pacific Cork Material Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Cork Material Market Drivers 2.2.4.2. Middle East and Africa Cork Material Market Restraints 2.2.4.3. Middle East and Africa Cork Material Market Opportunities 2.2.4.4. Middle East and Africa Cork Material Market Challenges 2.2.5. South America 2.2.5.1. South America Cork Material Market Drivers 2.2.5.2. South America Cork Material Market Restraints 2.2.5.3. South America Cork Material Market Opportunities 2.2.5.4. South America Cork Material Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Cork Material Industry 2.8. Analysis of Government Schemes and Initiatives For Cork Material Industry 2.9. Cork Material Market Trade Analysis 2.10. The Global Pandemic Impact on Cork Material Market 3. Cork Material Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Cork Material Market Size and Forecast, by Product (2023-2030) 3.1.1. Anti-vibration products 3.1.2. Clutch plates 3.1.3. DIY (Do It Yourself) product 3.1.4. Flooring product 3.1.5. Sheets & rolls 3.1.6. Polish wheels 3.2. Cork Material Market Size and Forecast, by Application (2023-2030) 3.2.1. Wine bottles 3.2.2. Thermal insulation 3.2.3. Building & Decorations 3.2.4. Sports 3.2.5. Bulletin boards 3.2.6. Aerospace 3.2.7. Food and Beverages 3.3. Cork Material Market Size and Forecast, by Region (2023-2030) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Cork Material Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Cork Material Market Size and Forecast, by Product (2023-2030) 4.1.1. Anti-vibration products 4.1.2. Clutch plates 4.1.3. DIY (Do It Yourself) product 4.1.4. Flooring product 4.1.5. Sheets & rolls 4.1.6. Polish wheels 4.2. North America Cork Material Market Size and Forecast, by Application (2023-2030) 4.2.1. Wine bottles 4.2.2. Thermal insulation 4.2.3. Building & Decorations 4.2.4. Sports 4.2.5. Bulletin boards 4.2.6. Aerospace 4.2.7. Food and Beverages 4.3. North America Cork Material Market Size and Forecast, by Country (2023-2030) 4.3.1. United States 4.3.1.1. United States Cork Material Market Size and Forecast, by Product (2023-2030) 4.3.1.1.1. Anti-vibration products 4.3.1.1.2. Clutch plates 4.3.1.1.3. DIY (Do It Yourself) product 4.3.1.1.4. Flooring product 4.3.1.1.5. Sheets & rolls 4.3.1.1.6. Polish wheels 4.3.1.2. United States Cork Material Market Size and Forecast, by Application (2023-2030) 4.3.1.2.1. Wine bottles 4.3.1.2.2. Thermal insulation 4.3.1.2.3. Building & Decorations 4.3.1.2.4. Sports 4.3.1.2.5. Bulletin boards 4.3.1.2.6. Aerospace 4.3.1.2.7. Food and Beverages 4.3.2. Canada 4.3.2.1. Canada Cork Material Market Size and Forecast, by Product (2023-2030) 4.3.2.1.1. Anti-vibration products 4.3.2.1.2. Clutch plates 4.3.2.1.3. DIY (Do It Yourself) product 4.3.2.1.4. Flooring product 4.3.2.1.5. Sheets & rolls 4.3.2.1.6. Polish wheels 4.3.2.2. Canada Cork Material Market Size and Forecast, by Application (2023-2030) 4.3.2.2.1. Wine bottles 4.3.2.2.2. Thermal insulation 4.3.2.2.3. Building & Decorations 4.3.2.2.4. Sports 4.3.2.2.5. Bulletin boards 4.3.2.2.6. Aerospace 4.3.2.2.7. Food and Beverages 4.3.3. Mexico 4.3.3.1. Mexico Cork Material Market Size and Forecast, by Product (2023-2030) 4.3.3.1.1. Anti-vibration products 4.3.3.1.2. Clutch plates 4.3.3.1.3. DIY (Do It Yourself) product 4.3.3.1.4. Flooring product 4.3.3.1.5. Sheets & rolls 4.3.3.1.6. Polish wheels 4.3.3.2. Mexico Cork Material Market Size and Forecast, by Application (2023-2030) 4.3.3.2.1. Wine bottles 4.3.3.2.2. Thermal insulation 4.3.3.2.3. Building & Decorations 4.3.3.2.4. Sports 4.3.3.2.5. Bulletin boards 4.3.3.2.6. Aerospace 4.3.3.2.7. Food and Beverages 5. Europe Cork Material Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Cork Material Market Size and Forecast, by Product (2023-2030) 5.2. Europe Cork Material Market Size and Forecast, by Application (2023-2030) 5.3. Europe Cork Material Market Size and Forecast, by Country (2023-2030) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Cork Material Market Size and Forecast, by Product (2023-2030) 5.3.1.2. United Kingdom Cork Material Market Size and Forecast, by Application (2023-2030) 5.3.2. France 5.3.2.1. France Cork Material Market Size and Forecast, by Product (2023-2030) 5.3.2.2. France Cork Material Market Size and Forecast, by Application (2023-2030) 5.3.3. Germany 5.3.3.1. Germany Cork Material Market Size and Forecast, by Product (2023-2030) 5.3.3.2. Germany Cork Material Market Size and Forecast, by Application (2023-2030) 5.3.4. Italy 5.3.4.1. Italy Cork Material Market Size and Forecast, by Product (2023-2030) 5.3.4.2. Italy Cork Material Market Size and Forecast, by Application (2023-2030) 5.3.5. Spain 5.3.5.1. Spain Cork Material Market Size and Forecast, by Product (2023-2030) 5.3.5.2. Spain Cork Material Market Size and Forecast, by Application (2023-2030) 5.3.6. Sweden 5.3.6.1. Sweden Cork Material Market Size and Forecast, by Product (2023-2030) 5.3.6.2. Sweden Cork Material Market Size and Forecast, by Application (2023-2030) 5.3.7. Austria 5.3.7.1. Austria Cork Material Market Size and Forecast, by Product (2023-2030) 5.3.7.2. Austria Cork Material Market Size and Forecast, by Application (2023-2030) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Cork Material Market Size and Forecast, by Product (2023-2030) 5.3.8.2. Rest of Europe Cork Material Market Size and Forecast, by Application (2023-2030) 6. Asia Pacific Cork Material Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Cork Material Market Size and Forecast, by Product (2023-2030) 6.2. Asia Pacific Cork Material Market Size and Forecast, by Application (2023-2030) 6.3. Asia Pacific Cork Material Market Size and Forecast, by Country (2023-2030) 6.3.1. China 6.3.1.1. China Cork Material Market Size and Forecast, by Product (2023-2030) 6.3.1.2. China Cork Material Market Size and Forecast, by Application (2023-2030) 6.3.2. S Korea 6.3.2.1. S Korea Cork Material Market Size and Forecast, by Product (2023-2030) 6.3.2.2. S Korea Cork Material Market Size and Forecast, by Application (2023-2030) 6.3.3. Japan 6.3.3.1. Japan Cork Material Market Size and Forecast, by Product (2023-2030) 6.3.3.2. Japan Cork Material Market Size and Forecast, by Application (2023-2030) 6.3.4. India 6.3.4.1. India Cork Material Market Size and Forecast, by Product (2023-2030) 6.3.4.2. India Cork Material Market Size and Forecast, by Application (2023-2030) 6.3.5. Australia 6.3.5.1. Australia Cork Material Market Size and Forecast, by Product (2023-2030) 6.3.5.2. Australia Cork Material Market Size and Forecast, by Application (2023-2030) 6.3.6. Indonesia 6.3.6.1. Indonesia Cork Material Market Size and Forecast, by Product (2023-2030) 6.3.6.2. Indonesia Cork Material Market Size and Forecast, by Application (2023-2030) 6.3.7. Malaysia 6.3.7.1. Malaysia Cork Material Market Size and Forecast, by Product (2023-2030) 6.3.7.2. Malaysia Cork Material Market Size and Forecast, by Application (2023-2030) 6.3.8. Vietnam 6.3.8.1. Vietnam Cork Material Market Size and Forecast, by Product (2023-2030) 6.3.8.2. Vietnam Cork Material Market Size and Forecast, by Application (2023-2030) 6.3.9. Taiwan 6.3.9.1. Taiwan Cork Material Market Size and Forecast, by Product (2023-2030) 6.3.9.2. Taiwan Cork Material Market Size and Forecast, by Application (2023-2030) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Cork Material Market Size and Forecast, by Product (2023-2030) 6.3.10.2. Rest of Asia Pacific Cork Material Market Size and Forecast, by Application (2023-2030) 7. Middle East and Africa Cork Material Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Cork Material Market Size and Forecast, by Product (2023-2030) 7.2. Middle East and Africa Cork Material Market Size and Forecast, by Application (2023-2030) 7.3. Middle East and Africa Cork Material Market Size and Forecast, by Country (2023-2030) 7.3.1. South Africa 7.3.1.1. South Africa Cork Material Market Size and Forecast, by Product (2023-2030) 7.3.1.2. South Africa Cork Material Market Size and Forecast, by Application (2023-2030) 7.3.2. GCC 7.3.2.1. GCC Cork Material Market Size and Forecast, by Product (2023-2030) 7.3.2.2. GCC Cork Material Market Size and Forecast, by Application (2023-2030) 7.3.3. Nigeria 7.3.3.1. Nigeria Cork Material Market Size and Forecast, by Product (2023-2030) 7.3.3.2. Nigeria Cork Material Market Size and Forecast, by Application (2023-2030) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Cork Material Market Size and Forecast, by Product (2023-2030) 7.3.4.2. Rest of ME&A Cork Material Market Size and Forecast, by Application (2023-2030) 8. South America Cork Material Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Cork Material Market Size and Forecast, by Product (2023-2030) 8.2. South America Cork Material Market Size and Forecast, by Application (2023-2030) 8.3. South America Cork Material Market Size and Forecast, by Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil Cork Material Market Size and Forecast, by Product (2023-2030) 8.3.1.2. Brazil Cork Material Market Size and Forecast, by Application (2023-2030) 8.3.2. Argentina 8.3.2.1. Argentina Cork Material Market Size and Forecast, by Product (2023-2030) 8.3.2.2. Argentina Cork Material Market Size and Forecast, by Application (2023-2030) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Cork Material Market Size and Forecast, by Product (2023-2030) 8.3.3.2. Rest Of South America Cork Material Market Size and Forecast, by Application (2023-2030) 9. Global Cork Material Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Cork Material Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Ecore International 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. CHARLES CANTRILL LTD 10.3. Nu-Cork 10.4. AMORIN 10.5. Granorte 10.6. Corksribas 10.7. MJO Cork 10.8. LICO 10.9. Globus Cork 10.10. WE cork 10.11. Expanko 10.12. Cork link group 10.13. CP Lab Safety 10.14. Advance cork international 10.15. Widgetco, INC 11. Key Findings 12. Industry Recommendations 13. Cork Material Market: Research Methodology 14. Terms and Glossary