Global Screw-On Caps Market, By Material Type (Polyethylene (PE), Polypropylene (PP), Low-Density Polyethylene (LDPE), High-Density Polyethylene (HDPE), Others), Container Type (Plastic, Glass), Technology (Injection Molding, Compression Molding, Post-Mold Tamper-Evident), End User (Beverage, Food, Pharmaceutical, Home and Personal Care, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The screw-on caps market size is expected to grow at a compound annual growth rate of 5.9% for the forecast period of 2021 to 2028. Data Bridge Market Research report on screw-on caps market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
A screw cap is a type of a metal cap that screws against threads on the neck of a bottle. It is use as an alternative wine closure as well as is gaining support as an alternative to cork for sealing wine bottles.
The screw-on caps market is expected to rise in demand due to the increase in demand for bottled water. The rise in the need for convenience and concerns about product safety and security is also projected to flourish the growth of the screw-on caps in the forecast period of 2021 to 2028. The product differentiation and branding and decreasing package sizes as well as rise in caps and closures application in home care products and cosmetics industries are also anticipated to boost the demand of the screw-on caps market owing to the above mentioned reasons and is also is projected to grow substantially during the forecast period. Furthermore, the high demand from food and beverages and chemical industries extensive R&D activities and various emerging economies are also expected to push the growth of screw-on caps market in the above mentioned forecast period.
The major factor which is expected to actively drive the demand of screw-on caps market is the high disposable income and rise in the trend of e-commerce shopping. Likewise, the increase in the utilization of plastic caps and closures in various end user industries for packaging backed by high durability, flexibility and adaptability offered by plastic are likely to offer various growth opportunities for the growth of screw-on caps market over the forecast period of 2021 to 2028.
However, the presence of product alternate and stringent policies pertaining to the use of plastic in various economies are expected to impede the growth of the screw-on caps market in the above mentioned forecast period, whereas the presence of matured markets can challenge the growth of the screw-on caps market.
This screw-on caps market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the screw-on caps market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Screw-On Caps Market Scope and Market Size
The screw-on caps market is segmented on the basis of material type, container type, technology and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material type, the screw-on caps market is segmented into polyethylene (PE), polypropylene (PP), low-density polyethylene (LDPE), high-density polyethylene (HDPE) and others. Others have further been segmented into polyethylene terephthalate (PET) and polyvinyl chloride (PVC).
- On the basis of container type, the screw-on caps market is segmented into plastic and glass.
- Based on technology, the screw-on caps market is segmented into injection molding, compression molding and post-mold tamper-evident.
- The end user segment for screw-on caps market is segmented into beverage, food, pharmaceutical, home and personal care and others. Others have further been segmented into automotive and chemical.
Screw-On Caps Market Country Level Analysis
The screw-on caps market is analyzed and market size, volume information is provided by country, material type, container type, technology and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the screw-on caps market due to the increase in demand from the beverages industry for products such as alcoholic beverages and carbonated drinks. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the rise in consumption of liquor amongst the population.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Screw-On Caps Market Share Analysis
The screw-on caps market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to screw-on caps market.
The major players covered in the screw-on caps market report are Bericap, AptarGroup Inc., Amcor plc, Closure Systems International, Berry Global Inc., O.Berk Company, LLC, UNITED CAPS, Caps & Closures Pty Ltd, Crown, RPC Synergy Packaging Pty Ltd, Pano Cap, Guala Closures S.p.A, Capandseal, Silgan Holdings Inc., Maheshwari Caps Pvt Ltd., Hicap Closures Co. Ltd., J.L. CLARK, Inspiral, Parekhplast India Limited and MJS Packaging, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.