Is cork is on the rebound? After a decade of soaring growth for screw caps, bark is beating back the aluminum assault.
Over the past 16 months, shipments in cork wine stoppers from Portugal – which supplies the majority of the material to the industry – grew by 19.4 per cent, mainly reclaiming market share from plastic “corks” but also modestly gaining on screw caps. In the same period, the global wine industry expanded just 1.5 per cent.
“It’s not exactly the death of cork that a lot of people were talking about six years ago,” said Carlos De Jesus, marketing and communications director for Portugal-based Amorim, the world’s largest supplier, with record sales last year of 3.2 billion units. Read More
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