In accordance with this study, the Global Screw Closures Market value registered in 2019 was close to USD XX BN and is predicted to outstretch revenue by USD XX BN in 2026 with a CAGR of XX% during the period of 2020-2026.
A screw closure or a cap is a common type of closure for jars, bottles, and tubes. It is designed to provide an effective seal and barrier, to be compatible with the contents, and to be easily opened by the consumer. There are a variety of screw closures available depending upon sizes of bottles or jars and can be used across various end-use industries including food and beverages, pharmaceuticals, household, and others.
The rising demand for screw closures from the food and beverage industry owing to its hassle-free opening & closing along with improved protection to prevent product wastage is primarily escalating the market growth. Also, the increasing consumer spending on convenience products along with rising disposable income is further boosting the market value. On the flip side, fluctuation in prices of raw material such as HDPE and PP may hinder the market growth.
The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of screw closures.
The study offers a decisive view of the global screw closures market by segmenting it in terms of diameter, material type, end-user, and neck finish. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Material Type
- 18 mm – 33 mm
- 36 mm – 53 mm
- 63 mm – 100 mm
- Above 100 mm
By Neck Finish
- Cosmetics & Personal Care
- 400 (1 Thread Turn)
- 410 ( 1.5 Thread Turn)
- 415 ( 2 Thread Turn)
- 425 ( 2 Thread Turn)
- Above 430
This section covers screw closures market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global screw closures market along with the individual application segment across all the prominent region.
Global Screw Closures Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global Screw Closures market are Alpha Packaging, Inc., Amcor Limited, Aptar Group, Bericap GmbH and Co KG, Berk Company, LLC, Berry Global Inc., Blackhawk Molding Co. Inc., CL Smith Company, Closure Systems International Inc., Comar LLC, Georg MENSHEN GmbH & Co. KG, Global Closures Systems, Mold-Rite Plastics, LLC, RPC.M&H Plastics. Ltd., Silgan Plastic Closures Solutions, and Weener Plastics Group BV. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
The projections featured in the report have been derived by using primary and secondary research. Secondary research has been carried out by using various sources which include (but not limited to) Corporate Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different trade publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.