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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
INTRODUCTION
Corks, cork stoppers, and T-corks are common closures in the distilled spirits business. These closures are easily inserted into the bottle opening and tightened. One of the benefits of adopting such a closure is the capacity of cork products to expand after insertion and form a tight seal.
Cork not only extends the life of the beverage, but it also allows small amounts of oxygen to pass through the bottle without affecting the flavour of the wine or liquor within. Cork has been used as a bottle stopper for thousands of years. It was discovered that it could be used as floats for fishing nets, sandals, wine bottle stoppers, and even personal flotation devices for fishermen.
GLOBAL CORK SEAL LIQUOR BOTTLE PACKAGING MARKET SIZE AND FORECAST
The Global Cork Seal Liquor Bottle Packaging market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
NEW PRODUCT LAUNCH
Bronco Wine Company announces that wines under its Red Truck® brand will be packaged in the world's first cork stopper and glass bottle with easy-to-open and reclose technology, using the unique Helix packaging. Amorim and O-I, world leaders in cork and glass packaging, created Helix.
Bronco's Red Truck will be the first wine in the United States to introduce this innovation to American wine lovers. The revolutionary twist-to-open concept combines an ergonomically designed cork stopper with a glass bottle with an internal thread in the neck to provide a high-performance and stylish wine packaging solution.
Helix blends the benefits of cork and glass - quality, sustainability, and a premium image - with the ease of use of a twist open, resealable package.
The development of Helix was the outcome of a combined R&D effort between Amorim and O-I, drawing on both firms' innovation strengths and expertise in serving global wine markets.
Wine buyers in America are becoming more aware of the importance of quality cork and quality wine in delivering their wine in a sustainable but premium format.
Bronco has been doing this for many years, but with Helix and Red Truck, the US market will now have access to all of this, as well as the convenience of an easy-opening and easy-to-reclose container. Bronco is thrilled to be the first winery in America to deliver this remarkable invention,
COMPANY PROFILE
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |