Wine Corks Market - Forecast(2021 - 2026)
The Wine Corks Market size was estimated at $16.80 billion in 2020 and is projected to grow at a CAGR of 5.7% during the forecast period 2021-2026. Wine Corks are highly efficient bottle closures that have been used since ancient times. The Wine Corks fulfill the requirements for a bottle sealant and usually used to plug still wine and sparkling thereby avoiding any leakage. The natural wine crock have mechanical properties that allow them to be placed and compressed against the neck thereby properly sealing the bottle to prevent the seepage of air inside however, the tiny pores allow minute amount of oxygen to interact with the liquid inside this transforms the aroma and flavor of the liquid over time. Moreover these corks are chemically and physically stable for a long time and can maintain their property at different condition. Hence these factors are predicted to drive the Wine Corks Market during the forecast period. Request S...