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Wine Corks Market to Reach $27.6 Bn, Globally, by 2027 at 7.4% CAGR: Allied Market Research

Retrieved on: 
Monday, January 25, 2021

According to the report, the global wine corks industry generated $20.8 billion in 2019, and is estimated to reach $27.6 billion by 2027, witnessing a CAGR of 7.4% from 2021 to 2027.

Key Points: 
  • According to the report, the global wine corks industry generated $20.8 billion in 2019, and is estimated to reach $27.6 billion by 2027, witnessing a CAGR of 7.4% from 2021 to 2027.
  • Rise in number of product launches, R&D activities in the wine and wine accessories industry such as adoption of sensors in wine machinery, rise in social media usage, and surge in per-capita income drive the growth of the global wine corks market.
  • Contrarily, considerable surge in number of millennials consuming wine and emergence of various types of new wine stoppers present new opportunities in the coming years.
  • However, Europe contributed to the highest market share in 2019, holding nearly half of the global wine corks market, and is projected to continue its lead status by 2027.

Amorim reveals breakthrough technologies to eradicate detectable TCA

Retrieved on: 
Tuesday, January 19, 2021

NAPA, Calif., Jan. 19, 2021 /PRNewswire/ --Amorim, the world's leading producer of cork products,announced today the launch of Naturity and Xpr, technologies designed to remove detectable TCA from natural corks and to create a new segment of micro-agglomerated stoppers, respectively.

Key Points: 
  • NAPA, Calif., Jan. 19, 2021 /PRNewswire/ --Amorim, the world's leading producer of cork products,announced today the launch of Naturity and Xpr, technologies designed to remove detectable TCA from natural corks and to create a new segment of micro-agglomerated stoppers, respectively.
  • No artificial elements are used in the process, which facilitates the extraction of 150+ volatile compounds, including TCA.
  • Another development announced today is Amorim's Xpr technology, developed to expand the non-detectable TCA performance for micro-agglomerated stoppers.
  • *Releasable TCA content at or below the 0.5 ng/L quantification limit; analysis performed in accordance to ISO 20752.

Global Natural Corks and Stoppers Market to 2025 - Analysis, Forecast, Size, Trends and Insights - ResearchAndMarkets.com

Retrieved on: 
Monday, December 7, 2020

The "World - Corks and Stoppers Of Natural Cork - Market Analysis, Forecast, Size, Trends and Insights" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "World - Corks and Stoppers Of Natural Cork - Market Analysis, Forecast, Size, Trends and Insights" report has been added to ResearchAndMarkets.com's offering.
  • The report provides an in-depth analysis of supply and demand for corks and stoppers of natural cork on the global market.
  • This report contains the latest data on market trends and opportunities, consumption, production, imports, exports and price developments.
  • This report is designed for manufacturers, distributors, importers, and wholesalers of corks and stoppers of natural cork , as well as for investors, consultants and advisors.

New Studies Reveal High CO2 Retention Rate Across Amorim Cork Stopper Portfolio

Retrieved on: 
Wednesday, September 9, 2020

The latest studies assess the CO2 retention rates of TwinTop Evo, Advantec, Agglomerate Sparkling, and Top Series stoppers, following Amorim's cradle-to-gate methodology that measures everything from forest floor to finished stopper.

Key Points: 
  • The latest studies assess the CO2 retention rates of TwinTop Evo, Advantec, Agglomerate Sparkling, and Top Series stoppers, following Amorim's cradle-to-gate methodology that measures everything from forest floor to finished stopper.
  • To date, Corticeira Amorimhas commissioned a total of ten studies surrounding the CO2 footprints and CO2 balance, considering the forest retention, of their stoppers.
  • Corticeira Amorim is the leading world producer of cork products, having been involved in the sector since 1870.
  • Amorim Cork America's sales and management team provides expert knowledge to winemakers, technical support, quality assurance managers and wine marketers in all facets of wine cork closures.

WINnovation Award 2019: MASILVA's SARA Advanced®

Retrieved on: 
Thursday, November 21, 2019

SANTA ROSA, Calif., Nov. 21, 2019 /PRNewswire/ -- Wine Industry Network is proud to announce MASILVA's SARA ADVANCED process as one of this year's winners of a 2019 WINnovation Award.

Key Points: 
  • SANTA ROSA, Calif., Nov. 21, 2019 /PRNewswire/ -- Wine Industry Network is proud to announce MASILVA's SARA ADVANCED process as one of this year's winners of a 2019 WINnovation Award.
  • The newest innovation for treating natural corks, SARA ADVANCED, is being used for natural, Silktop and Champagne corks.
  • Standard corks had more inconsistencies and less neutrality than those that had undergone the SARA ADVANCED process.
  • The SARA ADVANCED technology is now a standard process, applied to all regular inventory of corks.

India Halo Butyl Rubber Comprehensive Techno-Commercial Market Study, 2013-2030 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 6, 2019

The "India Halo Butyl Rubber Comprehensive Techno-Commercial Market Study, 2013-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "India Halo Butyl Rubber Comprehensive Techno-Commercial Market Study, 2013-2030" report has been added to ResearchAndMarkets.com's offering.
  • Halogenated butyl rubber has higher impermeability to gases and greater air retention property than butyl rubber.
  • Halo butyl rubber is majorly used for the manufacturing of tires, inner liners of tires & tubes, pharmaceutical stoppers and industrial rubber products.
  • With the commissioning of halo butyl rubber plant, India's dependency on imports for halo butyl rubber is expected to decrease in the coming years.

Vapor Group Inc. Secures $210,000 Purchase Order from Diamond CBD, Inc.

Retrieved on: 
Wednesday, May 8, 2019

Vapor Group, Inc. (OTC Pink: VPOR ) (the Company) secured a $210,000 purchase order for bulk CBD isolate from industry leader Diamond CBD, Inc. , a wholly-owned subsidiary of PotNetwork Holdings, Inc. (OTC Pink: POTN ).

Key Points: 
  • Vapor Group, Inc. (OTC Pink: VPOR ) (the Company) secured a $210,000 purchase order for bulk CBD isolate from industry leader Diamond CBD, Inc. , a wholly-owned subsidiary of PotNetwork Holdings, Inc. (OTC Pink: POTN ).
  • Were excited to be working with Diamond CBD, one of the better-known consumer brands in the CBD space, said Vapor Group President and CEO David Zinger.
  • Vapor Group, a publicly-traded OTC company, trading under the symbol VPOR, today is a holding company with its principal operating subsidiary being VPOR, Inc., www.VPOR.com .
  • Vapor Group also is the owner of Simple Cork, Inc., www.simplecork.com , the developer of a new, multi-nationally patented combination wine bottle cork/opener being prepared for market entry.

InventHelp Inventors Develop Improved Wine Cork (BMA-5258)

Retrieved on: 
Thursday, November 1, 2018

PITTSBURGH, Nov. 1, 2018 /PRNewswire/ --Inventors from Methuan, Mass., have developed the WINE COVER, an improved wine cork that features a mechanism that will ease the task of opening up a bottle of wine.

Key Points: 
  • PITTSBURGH, Nov. 1, 2018 /PRNewswire/ --Inventors from Methuan, Mass., have developed the WINE COVER, an improved wine cork that features a mechanism that will ease the task of opening up a bottle of wine.
  • "We were inspired to develop a replacement to conventional wine corks.
  • Our invention will use less cork and allow a user to more effectively and efficiently open and recork a bottle of wine," said the inventors.
  • The WINE COVER makes it easier to open and recork a bottle of wine.

Blind Taste Research Confirms Consumer Preference For Cork

Retrieved on: 
Thursday, September 13, 2018

The aim of the study was to investigate the association between wine bottle closure type and consumer perceptions of intrinsic wine attributes.

Key Points: 
  • The aim of the study was to investigate the association between wine bottle closure type and consumer perceptions of intrinsic wine attributes.
  • "It's no coincidence that 70 percent of all wine stoppers are made of cork, including the overwhelming majority of the world's best wines," says Joo Rui Ferreira, President of The Portuguese Cork Association ( APCOR ).
  • In that study, the perception that the wine was closed with a cork led participants to rate the wine 8 percent to 15 percent higher.
  • While the Oxford study was funded by the Portuguese Cork Association, the current study was independent of any connection to the cork industry.