Product Code: ETC13259522 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Electric Corkscrew Market was valued at USD 0.42 Billion in 2024 and is expected to reach USD 0.67 Billion by 2031, growing at a compound annual growth rate of 17.15% during the forecast period (2025-2031).
The Global Electric Corkscrew Market is witnessing steady growth due to increasing wine consumption and the rising trend of wine culture across the globe. Electric corkscrews have gained popularity among consumers for their convenience, ease of use, and quick operation compared to traditional manual corkscrews. The market is characterized by the presence of several key players offering a wide range of electric corkscrews with different features such as rechargeable batteries, LED lights, and ergonomic designs. North America and Europe are the leading regions in terms of market share, driven by a higher adoption rate of electric corkscrews and a strong wine culture. The market is expected to continue its growth trajectory, supported by technological advancements, product innovations, and the expanding wine industry worldwide.
The Global Electric Corkscrew Market is witnessing a surge in demand due to the growing popularity of wine consumption worldwide. Consumers are increasingly seeking convenience and efficiency in opening wine bottles, driving the adoption of electric corkscrews. Key trends in the market include the development of sleek and user-friendly designs, integration of advanced technologies such as rechargeable batteries and automatic cork removal, and the rise of smart corkscrews with IoT capabilities. Opportunities lie in catering to the expanding wine culture in emerging markets, offering innovative features to enhance user experience, and targeting the gifting market with stylish and high-quality electric corkscrews. Manufacturers can also explore eco-friendly options to appeal to environmentally conscious consumers and differentiate their products in this competitive market.
Some challenges faced in the Global Electric Corkscrew Market include increasing competition from traditional manual corkscrews and non-electric wine openers, price sensitivity among consumers, and the need for continuous innovation to differentiate products in a saturated market. Additionally, concerns around the environmental impact of electric corkscrews may affect consumer perception and purchasing decisions, especially with the growing emphasis on sustainability and eco-friendly products. Market players also need to navigate regulations and standards related to electrical appliances, ensuring compliance and safety of their products in different regions. Overall, staying ahead in terms of product offerings, pricing strategies, and sustainability practices are key challenges faced by companies operating in the Global Electric Corkscrew Market.
The Global Electric Corkscrew Market is primarily driven by the increasing popularity of wine consumption worldwide, leading to a growing demand for convenient and efficient wine opening solutions. Electric corkscrews offer ease of use and time-saving benefits compared to traditional manual corkscrews, appealing to both casual wine enthusiasts and professional sommeliers. Additionally, advancements in technology and design have resulted in innovative features such as automatic cork removal and rechargeable batteries, further enhancing the appeal of electric corkscrews. The trend towards gifting wine accessories and the rising preference for premium wine experiences are also contributing factors driving the market growth for electric corkscrews.
Government policies related to the Global Electric Corkscrew Market primarily focus on product safety standards, trade regulations, and environmental sustainability measures. Many countries have established strict guidelines for the manufacturing and sale of electric corkscrews to ensure consumer safety and prevent potential hazards. Additionally, trade policies and tariffs may impact the import and export of electric corkscrews, influencing market dynamics and competition. In line with global efforts to promote sustainability, certain governments are also implementing regulations to encourage the use of eco-friendly materials and energy-efficient technologies in electric corkscrew production. Companies operating in the Global Electric Corkscrew Market need to stay informed about these policies to comply with regulations and maintain a competitive edge in the market.
The Global Electric Corkscrew Market is poised for significant growth in the coming years as consumer preferences shift towards convenience and innovation in household products. Factors such as the rising popularity of wine consumption, increasing disposable incomes, and the growing trend of gifting electronic gadgets are expected to drive the demand for electric corkscrews. Manufacturers are likely to focus on product enhancements such as faster cork removal, rechargeable batteries, and ergonomic designs to cater to the evolving needs of consumers. Additionally, the expansion of e-commerce platforms and the rise of smart home technologies will further boost market growth by providing easy access to a wide range of electric corkscrews. Overall, the Global Electric Corkscrew Market is anticipated to experience steady growth and innovation in the foreseeable future.
In the Global Electric Corkscrew Market, Asia is anticipated to witness substantial growth due to the increasing adoption of wine culture in countries like China and Japan. North America is expected to dominate the market, driven by the rising demand for convenient and efficient wine opening solutions. In Europe, the market is projected to experience steady growth, supported by the presence of key wine-producing countries and a strong affinity towards wine consumption. The Middle East and Africa region is likely to witness moderate growth, attributed to the growing popularity of wine culture in certain urban areas. Latin America is expected to show promising growth potential, fueled by the expanding wine industry and changing consumer preferences towards wine consumption.
Global Electric Corkscrew Market |
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 Global Electric Corkscrew Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Electric Corkscrew Market Revenues & Volume, 2021 & 2031F |
3.3 Global Electric Corkscrew Market - Industry Life Cycle |
3.4 Global Electric Corkscrew Market - Porter's Five Forces |
3.5 Global Electric Corkscrew Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Electric Corkscrew Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Global Electric Corkscrew Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Global Electric Corkscrew Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Electric Corkscrew Market Trends |
6 Global Electric Corkscrew Market, 2021 - 2031 |
6.1 Global Electric Corkscrew Market, Revenues & Volume, By Material, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Electric Corkscrew Market, Revenues & Volume, By Stainless Steel, 2021 - 2031 |
6.1.3 Global Electric Corkscrew Market, Revenues & Volume, By Wood, 2021 - 2031 |
6.1.4 Global Electric Corkscrew Market, Revenues & Volume, By Plastic, 2021 - 2031 |
6.2 Global Electric Corkscrew Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Electric Corkscrew Market, Revenues & Volume, By Supermarkets/ Hypermarkets, 2021 - 2031 |
6.2.3 Global Electric Corkscrew Market, Revenues & Volume, By Convenience Stores, 2021 - 2031 |
6.2.4 Global Electric Corkscrew Market, Revenues & Volume, By Online Retailers, 2021 - 2031 |
6.2.5 Global Electric Corkscrew Market, Revenues & Volume, By Specialty Stores, 2021 - 2031 |
6.2.6 Global Electric Corkscrew Market, Revenues & Volume, By Other Sales Channels, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Electric Corkscrew Market, Overview & Analysis |
7.1 North America Electric Corkscrew Market Revenues & Volume, 2021 - 2031 |
7.2 North America Electric Corkscrew Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Electric Corkscrew Market, Revenues & Volume, By Material, 2021 - 2031 |
7.4 North America Electric Corkscrew Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
8 Latin America (LATAM) Electric Corkscrew Market, Overview & Analysis |
8.1 Latin America (LATAM) Electric Corkscrew Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Electric Corkscrew Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Electric Corkscrew Market, Revenues & Volume, By Material, 2021 - 2031 |
8.4 Latin America (LATAM) Electric Corkscrew Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
9 Asia Electric Corkscrew Market, Overview & Analysis |
9.1 Asia Electric Corkscrew Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Electric Corkscrew Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Electric Corkscrew Market, Revenues & Volume, By Material, 2021 - 2031 |
9.4 Asia Electric Corkscrew Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
10 Africa Electric Corkscrew Market, Overview & Analysis |
10.1 Africa Electric Corkscrew Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Electric Corkscrew Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Electric Corkscrew Market, Revenues & Volume, By Material, 2021 - 2031 |
10.4 Africa Electric Corkscrew Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
11 Europe Electric Corkscrew Market, Overview & Analysis |
11.1 Europe Electric Corkscrew Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Electric Corkscrew Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Electric Corkscrew Market, Revenues & Volume, By Material, 2021 - 2031 |
11.4 Europe Electric Corkscrew Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
12 Middle East Electric Corkscrew Market, Overview & Analysis |
12.1 Middle East Electric Corkscrew Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Electric Corkscrew Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Electric Corkscrew Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Electric Corkscrew Market, Revenues & Volume, By Material, 2021 - 2031 |
12.4 Middle East Electric Corkscrew Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
13 Global Electric Corkscrew Market Key Performance Indicators |
14 Global Electric Corkscrew Market - Export/Import By Countries Assessment |
15 Global Electric Corkscrew Market - Opportunity Assessment |
15.1 Global Electric Corkscrew Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Electric Corkscrew Market Opportunity Assessment, By Material, 2021 & 2031F |
15.3 Global Electric Corkscrew Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
16 Global Electric Corkscrew Market - Competitive Landscape |
16.1 Global Electric Corkscrew Market Revenue Share, By Companies, 2024 |
16.2 Global Electric Corkscrew Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |