Global Cork Base Market by Product Types, Applications, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

The global cork base market is anticipated to expand at a substantial CAGR during the forecast period, 2020–2026. Cork is made up of suberin which is a hydrophobic substance and, because of its buoyant, impermeable, and fire-retardant properties, it is used in a variety of products, the most common of which is wine stoppers.

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Cork is a material that is harvested from the bark of the Oak tree. Cork base is also known as the ball. According to the different materials, it is divided into foam ball head, double ball head, three ball head and all-natural cork ball head. Cork is a great tool for basing as it gives a definite shaping and finishing and allows varying levels of elevation in craft articles. It’s a best material suited for basing miniatures. Around 60% of the production in cork base industry is for the manufacturing of cork stoppers.

Market Trends, Drivers, Restraints, and Opportunities:

Increasing demand for high performance elastic, impermeable material for manufacturing of sports equipment is expected to boost the market growth.
Growing demand for low-density material for the manufacture of fishing floats, buoys, and handles for fishing rods is anticipated to boost the demand for cork basing and thus fueling the market growth.
Increasing demand from the wine industry where cork is used for sealing the wine bottles is a major factor driving the growth of the market.
Growing need for cork basing for miniatures and craft articles to provide definite shape is expected to boost the growth of the market.
Increasing application of cork basing in the manufacture of musical instruments, particularly woodwind instruments, used for fastening together different segments of the instrument and make the seams airtight is anticipated to propel the market growth.
Growing environmental concerns and sustainability of cork production and recycling of cork’s products and by-products is anticipated to boost the market growth.
High costs associated with top-quality cork and availability of substitutes, such as screwcap and synthetic plastic stoppers has been restraining the market growth.
Advancement in cork technology, innovation, sorting which has reduced cork contamination is creating opportunities for manufacturers.

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Competitive Landscape:

Key players operating in the global cork base market are YONEX, Victor, RSL, SOTX, DHS, Wilson, OLIVER, KAWASAKI, Carlton, LI-NING, AMORIN, Corksribas, USFloors, Granorte, MJO Cork, Home Legend, We Work, Globus Cork, Jelinek Cork Group, Expanko, and Zandur.

The Global Cork Base Market has been segmented on the basis of

Product Types

Tibre Board
Cork Wood
Others

Applications

Sports Goods Store
Supermarket
Online Sale
Others

Regions

Asia Pacific
Europe
North America
Middle East & Africa
Latin America

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Table of Contents

Executive Summary
Assumptions and Acronyms Used
Research Methodology
Cork Base Market Overview
Global Cork Base Market Analysis and Forecast by Type
Global Cork Base Market Analysis and Forecast by Application
Global Cork Base Market Analysis and Forecast by Sales Channel
Global Cork Base Market Analysis and Forecast by Region
North Cork Base Market Analysis and Forecast
Latin Cork Base Market Analysis and Forecast
Europe Cork Base Market Analysis and Forecast
Asia Pacific Cork Base Market Analysis and Forecast
Middle East & Africa Cork Base Market Analysis and Forecast
Competition Landscape

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