Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey), By Product Type (Natural cork stopper, Colmated cork stoppers, Champagne/Sparkling wine cork stoppers, Agglomerated cork stoppers, Technical cork stoppers, Bar top cork stoppers, Multi-Piece cork stoppers), By Container (Wooden, Metal, Glass, Polyvinyl chloride (PVC), Porcelain, Other material container), By Application (Wines, Premium spirits, Fragrances, Oils, Others) And Competitive Landscape
Product Code: ETC080557 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Middle East Cork Stopper Market is expected to gain sound growth prospects in the coming years. Wine corks which are also known as stoppers are used to seal the neck of the wine bottles. The key factor driving the growth of the alcoholic beverage market in the Middle East region is the increased consumption of alcohol across the young adult demographics. Many of the Middle East’s most promising areas simply cannot produce wine as it is banned becoming a restrain to the market in the region. Further, due to the the Covid-19 outbreak, all the industries in the world have been heavily affected.
According to 6Wresearch, the Middle East Cork Stopper Market is likely to witness growth during 2021-2027. Although not seen as a big player today, the Middle East was and still is one of the largest corked wine producing regions in the world. The city of Shiraz in Iran, for example, was once a flourishing cork making region. Given the relative youth (in modern terms) of the market in that country, production quality is also low, with high alcohol and over soaked corked wines coming onto the market, making little dent on the international scene. Even so, Turkey is the most moderate example. UAE is dominating in the Middle East cork stopper market and has an untapped market and market players which are slowly expanding to this region which is one of the major reasons for the growth of corked alcoholic beverages market in this region. Widgetco, INC., and many more. With the advancement in technology, now there are at least five wine bottle closure choices namely natural cork bark, other plant-based synthetic, polymer synthetic, screwcap and glass available in the market to replace the age-old cork stoppers.
On the basis of product type, the Middle East cork stoppers market is segmented into Natural cork stopper, Colmated cork stoppers, Champagne/Sparkling wine cork stoppers, Agglomerated cork stoppers, technical cork stoppers, Bar top cork stoppers And Multi-Piece cork stoppers. Also, On the basis of container used, the Middle East cork stoppers market is segmented into Wooden, Metal, Glass, Polyvinyl chloride (PVC), Porcelain and Other material container. The prevalence of youth lifestyles across developed, as well as developing nations, has led to a trend corked wine. Therefore, this has resulted in leveraging the business of corked wine as a necessity. This segment is growing at a fast pace as a result of the high consumer acceptance regionally.
The Middle East cork stopper market report thoroughly covers the market by product type, quality, technologies used, and regions including UAE, Saudi Arabia, Oman, Qatar, Kuwait and the rest of Middle East. The Middle East cork stopper market outlook report provides an unbiased and detailed analysis of the on-going Middle East cork stopper market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The Market report covers the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Middle East Cork Stopper Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East Cork Stopper Market Revenues & Volume, 2020 & 2027F |
3.3 Middle East Cork Stopper Market - Industry Life Cycle |
3.4 Middle East Cork Stopper Market - Porter's Five Forces |
3.5 Middle East Cork Stopper Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Middle East Cork Stopper Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.7 Middle East Cork Stopper Market Revenues & Volume Share, By Container, 2020 & 2027F |
3.8 Middle East Cork Stopper Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Middle East Cork Stopper Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Cork Stopper Market Trends |
6 Saudi Arabia Cork Stopper Market, 2017 - 2027 |
6.1.1 Saudi Arabia Cork Stopper Market, Revenues & Volume, By Product Type, 2017 - 2027 |
6.1.2 Saudi Arabia Cork Stopper Market, Revenues & Volume, By Container, 2017 - 2027 |
6.1.3 Saudi Arabia Cork Stopper Market, Revenues & Volume, By Application, 2017 - 2027 |
7 UAE Cork Stopper Market, 2017 - 2027 |
7.1 UAE Cork Stopper Market, Revenues & Volume, By Product Type, 2017 - 2027 |
7.2 UAE Cork Stopper Market, Revenues & Volume, By Container, 2017 - 2027 |
7.3 UAE Cork Stopper Market, Revenues & Volume, By Application, 2017 - 2027 |
8 Qatar Cork Stopper Market, 2017 - 2027 |
8.1 Qatar Cork Stopper Market, Revenues & Volume, By Product Type, 2017 - 2027 |
8.2 Qatar Cork Stopper Market, Revenues & Volume, By Container, 2017 - 2027 |
8.3 Qatar Cork Stopper Market, Revenues & Volume, By Application, 2017 - 2027 |
9 Kuwait Cork Stopper Market, 2017 - 2027 |
9.1 Kuwait Cork Stopper Market, Revenues & Volume, By Product Type, 2017 - 2027 |
9.2 Kuwait Cork Stopper Market, Revenues & Volume, By Container, 2017 - 2027 |
9.3 Kuwait Cork Stopper Market, Revenues & Volume, By Application, 2017 - 2027 |
10 Oman Cork Stopper Market, 2017 - 2027 |
10.1 Oman Cork Stopper Market, Revenues & Volume, By Product Type, 2017 - 2027 |
10.2 Oman Cork Stopper Market, Revenues & Volume, By Container, 2017 - 2027 |
10.3 Oman Cork Stopper Market, Revenues & Volume, By Application, 2017 - 2027 |
11 Bahrain Cork Stopper Market, 2017 - 2027 |
11.1 Bahrain Cork Stopper Market, Revenues & Volume, By Product Type, 2017 - 2027 |
11.2 Bahrain Cork Stopper Market, Revenues & Volume, By Container, 2017 - 2027 |
11.3 Bahrain Cork Stopper Market, Revenues & Volume, By Application, 2017 - 2027 |
12 Turkey Cork Stopper Market, 2017 - 2027 |
12.1 Turkey Cork Stopper Market, Revenues & Volume, By Product Type, 2017 - 2027 |
12.2 Turkey Cork Stopper Market, Revenues & Volume, By Container, 2017 - 2027 |
12.3 Turkey Cork Stopper Market, Revenues & Volume, By Application, 2017 - 2027 |
13 Rest of Middle East Cork Stopper Market, 2017 - 2027 |
13.1 Rest of Middle East Cork Stopper Market, Revenues & Volume, By Product Type, 2017 - 2027 |
13.2 Rest of Middle East Cork Stopper Market, Revenues & Volume, By Container, 2017 - 2027 |
13.3 Rest of Middle East Cork Stopper Market, Revenues & Volume, By Application, 2017 - 2027 |
14 Middle East Cork Stopper Market Key Performance Indicators |
15 Middle East Cork Stopper Market - Opportunity Assessment |
15.1 Middle East Cork Stopper Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Middle East Cork Stopper Market Opportunity Assessment, By Product Type, 2020 & 2027F |
15.3 Middle East Cork Stopper Market Opportunity Assessment, By Container, 2020 & 2027F |
15.4 Middle East Cork Stopper Market Opportunity Assessment, By Application, 2020 & 2027F |
16 Middle East Cork Stopper Market - Competitive Landscape |
16.1 Middle East Cork Stopper Market Revenue Share, By Companies, 2020 |
16.2 Middle East Cork Stopper Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |