In 2023, the sold production of corks and stoppers for sparkling wine of agglomerated cork in France stood below the forecasted values starting 2024. The forecast from 2024 to 2028 shows a consistent upward trend with values increasing from 58.517 million Euros in 2024 to 67.71 million Euros in 2028. This reflects a steady year-on-year growth, with percentage increases of approximately 4% each year over the period. The compound annual growth rate (CAGR) for the forecast period is approximately 3.7%.
Future trends to watch for include technological advancements in manufacturing processes, sustainability initiatives in the packaging industry, and potential shifts in consumer preferences towards eco-friendly products. These factors could significantly influence the demand and production of agglomerated corks for sparkling wine in the coming years.
