Cork stoppers continue to take market share from synthetic alternatives

cork production

10 years ago, things didn’t look that great for the cork stoppers industry, with strong growth in sales of plastic and aluminium alternatives as a more reliable and cheaper alternative. The cork industry has really fought back however and the market share of synthetic stoppers has fallen from 18.4% in 2007 to 14.4% in 2011, which works out at around … Read More

Cork industry shows signs of recovery

cork-production

10 years ago Portugal was exporting a billion euros worth of cork products a year, but exports slumped mainly because of a surge in demand for synthetic stoppers. Over the last two years, the cork sector has returned to growth, with exports increasing 8.2% in 2010 to reach €754.3 million and 7% growth in the first quarter of 2011. The … Read More