Saudi Arabia Cork Products Market (2025-2031) | Size, Revenue, Growth, Value, Forecast, Analysis, Trends, Outlook, Industry, Companies & Share

Market Forecast By Type (Natural Cork, Colorful Cork), By Applications (Commercial, Residential, Industrial, Consumer Goods) And Competitive Landscape
Product Code: ETC029099 Publication Date: Jul 2023 Updated Date: Nov 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Saudi Arabia Cork Products Market: Import Trend Analysis

The import trend for cork products in the Saudi Arabia market experienced a notable decline from 2023 to 2024, with a growth rate of -66.25%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a robust 64.68%. This sharp downturn in 2024 could be attributed to shifting consumer preferences, changes in trade policies, or market saturation impacting import momentum.

Saudi Arabia Cork Products Market Synopsis

The Saudi Arabia cork products market was valued at USD 1.47 bn in 2025 and is expected to reach USD 2.02 bn by 2031, registering a CAGR of 5.777% during the forecast period (2025??2031). Corks are widely utilized for sealing wine bottles, as they create an airtight seal that helps preserve the flavor and aroma of wine over time. Besides their ability to conserve wines for long periods, corks also add aesthetic appeal to these beverages and enhance consumer experience on opening them. Moreover, the growing demand for premium wines has further resulted in increased consumption of high-quality corks across the globe, with countries such as Spain leading in terms of production volumes due to its larger share of vineyards globally.

Market Drivers

A major factor driving growth in the Saudi Arabia cork products market is rising demand from wineries worldwide coupled with increasing popularity among consumers for quality wines packed using natural materials like wood or rubber stoppers instead plastic caps or metal crowns, thereby favoring adoption rates among manufacturers. Additionally technological advancements allowing better insulation properties have also been aiding growth within this space while rising investments into research & development activities related to design optimization has had a positive impact on product developments within the industry landscape as wellAdditionally technological advancements allowing better insulation properties have also been aiding growth within this space while rising investments into research & development activities related to design optimization has had a positive impact on product developments within the industry landscape as well . Furthermore owing to environmental advantages associated with usage along with improved elasticity characteristics resulting from agglomeration techniques which allow uniform compression it provides an additional boost towards overall market expansion opportunities.

Challenges of the Market

Despite multiple benefits associated with usage some challenges still persist including low moisture absorption capacity alongwith hefty price tags compared against other alternatives existing out there which could act as potential restraints towards its widespread acceptance across different industries.

Covid 19 Impact on the Market

However, the outbreak of COVID-19 has had an adverse impact on global economies by hindering industrial production, leading to reduced consumer spending in 2025. This has led to a decrease in demand for different types of construction materials including cork products due to lockdowns imposed across countries around the world. Thus, these factors are likely to restrain growth prospects during 2025-2031 period.

key players of the Market

Some of the key players operating in this market include Amorim Cork Composites S/A., TECNICORK Group Ltd., Eucatex Ind?stria e Comercio S/A., Corticeira Amorim S/A., Altona SA - Produtos de Borracha Lda., Jelinek Cork Group Europe GmbH & Co KG, Manoir Industries SA , Avintes Vinhos Unipessoal LDA , Santa Catarina Natural Products Inc .

Key Highlights of the Report:

  • Saudi Arabia Cork Products Market Outlook
  • Market Size of Saudi Arabia Cork Products Market, 2024
  • Forecast of Saudi Arabia Cork Products Market, 2031
  • Historical Data and Forecast of Saudi Arabia Cork Products Revenues & Volume for the Period 2021-2031
  • Saudi Arabia Cork Products Market Trend Evolution
  • Saudi Arabia Cork Products Market Drivers and Challenges
  • Saudi Arabia Cork Products Price Trends
  • Saudi Arabia Cork Products Porter's Five Forces
  • Saudi Arabia Cork Products Industry Life Cycle
  • Historical Data and Forecast of Saudi Arabia Cork Products Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Cork Products Market Revenues & Volume By Natural Cork for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Cork Products Market Revenues & Volume By Colorful Cork for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Cork Products Market Revenues & Volume By Applications for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Cork Products Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Cork Products Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Cork Products Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Cork Products Market Revenues & Volume By Consumer Goods for the Period 2021-2031
  • Saudi Arabia Cork Products Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Applications
  • Saudi Arabia Cork Products Top Companies Market Share
  • Saudi Arabia Cork Products Competitive Benchmarking By Technical and Operational Parameters
  • Saudi Arabia Cork Products Company Profiles
  • Saudi Arabia Cork Products Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Saudi Arabia Cork Products Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Saudi Arabia Cork Products Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Saudi Arabia Cork Products Market Overview

3.1 Saudi Arabia Country Macro Economic Indicators

3.2 Saudi Arabia Cork Products Market Revenues & Volume, 2021 & 2031F

3.3 Saudi Arabia Cork Products Market - Industry Life Cycle

3.4 Saudi Arabia Cork Products Market - Porter's Five Forces

3.5 Saudi Arabia Cork Products Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Saudi Arabia Cork Products Market Revenues & Volume Share, By Applications, 2021 & 2031F

4 Saudi Arabia Cork Products Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing awareness about eco-friendly and sustainable products

4.2.2 Growing demand for cork products in various industries such as construction, automotive, and consumer goods

4.2.3 Government initiatives promoting the use of sustainable materials in Saudi Arabia

4.3 Market Restraints

4.3.1 Limited availability of cork resources leading to supply chain challenges

4.3.2 Fluctuating prices of cork due to factors like climate change and market demand

4.3.3 Competition from alternative materials in the market

5 Saudi Arabia Cork Products Market Trends

6 Saudi Arabia Cork Products Market, By Types

6.1 Saudi Arabia Cork Products Market, By Type

6.1.1 Overview and Analysis

6.1.2 Saudi Arabia Cork Products Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Saudi Arabia Cork Products Market Revenues & Volume, By Natural Cork, 2021-2031F

6.1.4 Saudi Arabia Cork Products Market Revenues & Volume, By Colorful Cork, 2021-2031F

6.2 Saudi Arabia Cork Products Market, By Applications

6.2.1 Overview and Analysis

6.2.2 Saudi Arabia Cork Products Market Revenues & Volume, By Commercial, 2021-2031F

6.2.3 Saudi Arabia Cork Products Market Revenues & Volume, By Residential, 2021-2031F

6.2.4 Saudi Arabia Cork Products Market Revenues & Volume, By Industrial, 2021-2031F

6.2.5 Saudi Arabia Cork Products Market Revenues & Volume, By Consumer Goods, 2021-2031F

7 Saudi Arabia Cork Products Market Import-Export Trade Statistics

7.1 Saudi Arabia Cork Products Market Export to Major Countries

7.2 Saudi Arabia Cork Products Market Imports from Major Countries

8 Saudi Arabia Cork Products Market Key Performance Indicators

8.1 Percentage increase in the number of companies using cork products in their manufacturing processes

8.2 Growth in the number of cork product distributors and retailers in Saudi Arabia

8.3 Expansion of cork product applications in different industries in the country

9 Saudi Arabia Cork Products Market - Opportunity Assessment

9.1 Saudi Arabia Cork Products Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Saudi Arabia Cork Products Market Opportunity Assessment, By Applications, 2021 & 2031F

10 Saudi Arabia Cork Products Market - Competitive Landscape

10.1 Saudi Arabia Cork Products Market Revenue Share, By Companies, 2024

10.2 Saudi Arabia Cork Products Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All