Closure Market's Shifting Currents Sort Out Leaders
Consolidation of producers raises bar on quality, competition
by Barry Dugan
Jun 2012 Issue of Wine Business Monthly
Something of a shakeout has taken place in the closure market in recent years, and competition among wine closure manufacturers remains keen as they fight for a market share of increasingly demanding winemakers and consumers. Their efforts to gain an edge in a competitive market are driven by research, technology and swaying public opinion, as companies jostle for market share in an industry where sales dominance has consolidated among a top few producers. Natural and technical cork maintains...
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