| Product Code: ETC5176893 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Barbados continues to rely on imports of cork stoppers, with top exporters in 2024 being Portugal, USA, Belgium, Canada, and Italy. The market shows high concentration, as indicated by the high Herfindahl-Hirschman Index (HHI). However, the industry experienced a significant decline, with a negative Compound Annual Growth Rate (CAGR) of -7.65% from 2020 to 2024. The growth rate for 2023 to 2024 was even more pronounced at -21.03%, suggesting challenges in the market that exporters and importers should be aware of and strategize around.

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 Barbados Cork Stoppers Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Cork Stoppers Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Cork Stoppers Market - Industry Life Cycle |
3.4 Barbados Cork Stoppers Market - Porter's Five Forces |
3.5 Barbados Cork Stoppers Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Barbados Cork Stoppers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Barbados Cork Stoppers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly packaging solutions in the beverage industry |
4.2.2 Growth in the wine and spirits market, which drives the demand for cork stoppers |
4.2.3 Rising consumer preference for premium products and luxury packaging in the wine and spirits sector |
4.3 Market Restraints |
4.3.1 Competition from alternative packaging solutions such as synthetic corks and screw caps |
4.3.2 Fluctuations in cork production due to environmental factors like climate change and forest conservation efforts |
5 Barbados Cork Stoppers Market Trends |
6 Barbados Cork Stoppers Market Segmentations |
6.1 Barbados Cork Stoppers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Cork Stoppers Market Revenues & Volume, By Natural Cork Stopper, 2021-2031F |
6.1.3 Barbados Cork Stoppers Market Revenues & Volume, By Champagne/Sparkling Wine Cork Stoppers, 2021-2031F |
6.1.4 Barbados Cork Stoppers Market Revenues & Volume, By Bartop Cork Stoppers, 2021-2031F |
6.1.5 Barbados Cork Stoppers Market Revenues & Volume, By Multi-piece Cork Stoppers, 2021-2031F |
6.2 Barbados Cork Stoppers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Barbados Cork Stoppers Market Revenues & Volume, By Wines, 2021-2031F |
6.2.3 Barbados Cork Stoppers Market Revenues & Volume, By Premium Spirits, 2021-2031F |
6.2.4 Barbados Cork Stoppers Market Revenues & Volume, By Fragrances, 2021-2031F |
6.2.5 Barbados Cork Stoppers Market Revenues & Volume, By Oils, 2021-2031F |
6.2.6 Barbados Cork Stoppers Market Revenues & Volume, By Craft Accessories, 2021-2031F |
7 Barbados Cork Stoppers Market Import-Export Trade Statistics |
7.1 Barbados Cork Stoppers Market Export to Major Countries |
7.2 Barbados Cork Stoppers Market Imports from Major Countries |
8 Barbados Cork Stoppers Market Key Performance Indicators |
8.1 Average selling price of cork stoppers in the Barbados market |
8.2 Percentage of market share held by Barbados cork stoppers compared to total cork stopper market |
8.3 Customer satisfaction and retention rates for Barbados cork stoppers in key target markets |
9 Barbados Cork Stoppers Market - Opportunity Assessment |
9.1 Barbados Cork Stoppers Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Barbados Cork Stoppers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Barbados Cork Stoppers Market - Competitive Landscape |
10.1 Barbados Cork Stoppers Market Revenue Share, By Companies, 2024 |
10.2 Barbados Cork Stoppers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |