• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Lifestylewine
Europe

Portugal to put a new twist on cork industry—from footwear, fashion to furniture as global demand for wine wanes

By
Levi Fernandes
Levi Fernandes
and
AFP
AFP
Down Arrow Button Icon
By
Levi Fernandes
Levi Fernandes
and
AFP
AFP
Down Arrow Button Icon
October 4, 2024, 4:54 AM ET
BraunS via Getty

Portugal, the world’s leading cork producer, is finding new uses for the material, from footwear to furniture, as demand for wine bottle stoppers wanes.

Recommended Video

Producers highlight the environmentally friendly properties of cork, which is lightweight, recyclable, waterproof and fire-resistant, to encourage its use in diverse settings.

Cork is obtained by stripping the bark of cork oak trees every nine years in a careful process that allows the tree to regenerate and grow, making the industry naturally sustainable.

The material has “a negative carbon footprint because it comes from a tree that captures CO2 day and night”, Antonio Rios de Amorim, the CEO of the world’s largest cork producer Corticeira Amorim, told AFP.

The push to diversify comes as global sales of wine decline, reducing demand for cork wine stoppers which have long faced competition from cheaper plastic stoppers and screw tops.

“Periods of slowdown must be used to question what we do,” said Amorim, whose ancestors founded Corticeira Amorim 154 years ago in the northern village of Mozelos, about 30 kilometres (18 miles) south of second city Porto.

Booster rockets, metro seats

Thanks to cork’s cell-like structure, the material is elastic and highly impermeable, making it suitable to make shoes as well as ties, pants and other clothes.

Furniture designers are also increasingly drawn to the material.

British designer Tom Dixon has called it a “dream material” and put out a range of dark cork furniture that includes tables, stools and shelves using cork from Portugal.

The Lisbon metro in 2020 replaced the fabric lining on all seats of its train fleet with cork, an easier to maintain material.

Builders have been drawn to the material because of its unique thermal insulation and sound absorption properties.

Cork is also finding its way into space. It is used in thermal protection coating on booster rockets because of its resistance “to strong variations in temperature”, said Amorim.

Making wine bottle stoppers, however, remains the main activity for Portugal’s cork industry, which employs around 8,000 people.

Corticeira Amorim makes some six billion cork wine bottle stoppers per year, almost all of them for export mainly to Chile, France and the United States.

It accounts for 70 percent of the global market share for cork stoppers and posted sales of 985 million euros (one billion dollars) in 2023, slightly lower than in the previous year.

Traditional methods

Cork is made from the bark of the cork oak (Quercus suber) found in countries of the Mediterranean basin.

Portugal is home to about a third of the world’s total area dedicated to this tree — more than any other country — and accounts for nearly half the world’s supply of cork.

There are also plantations in France, Spain, Italy. Algeria, Morocco and Tunisia.

In the province of Ribatejo around 80 kilometres east of Lisbon, cork oaks stretch as far as the eye can see.

The bark is removed from the tree in summer using traditional methods handed down from generation to generation.

It is a highly precise technique “that takes several years to learn”, said Nelson Ferreira, a 43-year-old cork bark harvester, adding he takes great care not to damage the tree.

The bark is then taken to Corticeira Amorim’s factories in the north of Portugal where it is steam-treated, cut into smaller pieces and then fed into machines that punch out stoppers.

The preservation of cork oaks is crucial for Portugal, which has made them a protected species since it takes an average of 40 years for a tree to start producing cork that can be used by cork makers.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Levi Fernandes
See full bioRight Arrow Button Icon
By AFP
See full bioRight Arrow Button Icon

Latest in Lifestyle

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Lifestyle

mark
ConferencesHospitality
Hyatt’s CEO has built a ‘family’ culture for 20 years. Now he’s leaning on it
By Nick LichtenbergApril 30, 2026
37 minutes ago
hoskins
Commentaryoffices
Gensler Co-Chair: Hot-desking was supposed to save money. It may be costing you your culture
By Diane HoskinsApril 30, 2026
2 hours ago
raw milk
Politicsmilk
Risk of paralysis, bacteria, even death is no match for Americans’ thirst for raw milk
By Laura Ungar, Jonel Aleccia and The Associated PressApril 29, 2026
17 hours ago
Hilton CEO Christopher Nassetta
EconomyHospitality
Hilton’s CEO says the economy is actually C-shaped to the benefit of the middle class. Most of his competitors disagree
By Tristan BoveApril 29, 2026
17 hours ago
The Best Protein Shakes of 2026: Tasted and Approved by Nutrition Experts
HealthDietary Supplements
The Best Protein Shakes of 2026: Tasted and Approved by Nutrition Experts
By Christina SnyderApril 29, 2026
23 hours ago
aging
HealthLongevity
We’re the CEOs of Peloton and the Hospital for Special Surgery. Living longer isn’t enough, we need to live better, too
By Bryan T. Kelly and Peter SternApril 29, 2026
1 day ago

Most Popular

Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
Success
Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
By Preston ForeApril 27, 2026
3 days ago
‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
Energy
‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
By Shawn TullyApril 29, 2026
1 day ago
Jamie Dimon gets candid about national debt: ‘There will be a bond crisis, and then we’ll have to deal with it’
Economy
Jamie Dimon gets candid about national debt: ‘There will be a bond crisis, and then we’ll have to deal with it’
By Eleanor PringleApril 29, 2026
1 day ago
‘The cost of compute is far beyond the costs of the employees’: Nvidia executive says right now AI is more expensive than paying human workers
AI
‘The cost of compute is far beyond the costs of the employees’: Nvidia executive says right now AI is more expensive than paying human workers
By Sasha RogelbergApril 28, 2026
2 days ago
‘They left me no choice’: Powell isn’t going anywhere—blocking Trump from another Fed appointee
Banking
‘They left me no choice’: Powell isn’t going anywhere—blocking Trump from another Fed appointee
By Eva RoytburgApril 29, 2026
18 hours ago
More than two-thirds of U.S. schools say they’re unable to afford the cost of student free lunch—and MAHA’s dietary guidelines may make it worse
Economy
More than two-thirds of U.S. schools say they’re unable to afford the cost of student free lunch—and MAHA’s dietary guidelines may make it worse
By Sasha RogelbergApril 29, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.