In 2023, the sold production of corks and stoppers not for sparkling wine, made from agglomerated cork in France, stood at 11.2 million kilograms. The forecasted data from 2024 to 2028 shows a gradual increase, with an average year-on-year growth rate of approximately 3%. The compound annual growth rate (CAGR) over the five forecasted years is projected to be about 3.1%, indicating a steady upward trend in production volume.
Future trends to watch for include:
- Increased demand from the non-alcoholic beverage sector.
- Rising consumer preference for sustainable packaging solutions.
- Potential impacts of technological advancements in cork production on efficiency and output.