Snap-on Closures Market Growth, Strategic Analysis, Future Scenarios of Forecast, Technology, Diagnosis, Innovation, Overview 2030
Snap-on closures market was valued at USD 14.40 billion in 2022 and is expected to
reach USD 22.27 billion by 2030, registering a CAGR of 5.60% during the
forecast period of 2023 to 2030. In addition to the insights on market
scenarios such as market value, growth rate, segmentation, geographical
coverage, and major players, the market reports curated by the Data Bridge Market
Research also include in-depth expert analysis, geographically represented
company-wise production and capacity, network layouts of distributors and
partners, detailed and updated price trend analysis and deficit analysis of
supply chain and demand.
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Snap-on closures have emerged as ideal solutions for
extending the shelf life of products and protecting them from any external
exposure. They are used to seal bottles with liquid and powdered contents and
provide airtight storage after the initial opening of the products. Moreover,
they are easy to open and close as compared to their counterparts.
They feature a tamper-evident flip-top dispensing
nozzle design that eliminates drips, mess, or clogging, making them suitable
for controlling small dose of liquid products with high viscosity. Rising
demand for packaged products with user friendly closures is anticipated to
boost the growth of snap-on closures market.
Over the last few decade, changing consumer
preference has triggered a new wave of innovation in the packaging solutions.
Snap-on closures have started gaining immense traction. Leading food and
cosmetics manufacturers are utilizing snap-on closures to make their products
more appealing, durable and user, friendly.
Type
- Bottles
- Tubes
- Jars
- Vials
- Can
- Containers
Material
- Polyethylene
terephthalate (PET)
- Polyvinyl
chloride (PVC)
- High-density
polyethylene (HDPE)
Closure Type
- Flip
Top
- Bottle
Stopper
- Twist
off Cap
Diameter
- Up to
24 mm
- 24-34
mm
- 34-44
mm
- Above
44 mm
End-User
- Liquid
soap
- Oil
products
- Liquid
soap
- Shampoo
- Lotion
- Cream
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The
major players covered in the snap-on closures market report are Global Closure
Systems, Weener Plastics Group BV, Blackhawk Molding Co. Inc., CL Smith
Company, Georg MENSHEN GmbH & Co. KG, Mold-Rite Plastics, LLC, Alpha
Packaging, Inc., and Comar LLC., Closure Systems International, Inc., Bericap
GmbH and Co KG, Amcor Limited, Berry Plastics Group, Inc., AptarGroup, Inc.,
RPC M&H Plastics Ltd, Silgan Plastic Closure Solutions, and O.Berk Company,
LLC 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.
Ø Chapter
One: Introduction
Ø Chapter
Two: Market Segmentation
Ø Chapter
Three: Market Overview
Ø Chapter
Four: Executive Summary
Ø Chapter
Five: Premium Insights
Ø Chapter
Six: Market by Product & Procedure type
Profound
Questions Answered in this Report:
·
What is the growth rate of various stages in the value chain of the
industry?
·
Which region has the highest growth rate and size of the emerging market by
value in 2021?
·
Who are the competitive players in Snap-on Closures Market?
·
Which region has the largest share and degree of competition in the
industry?
·
What is the CAGR of the market during the forecast period till 2028?
·
Which region is expected to hold the highest market share for the market?
·
What is the main driver of the Snap-on Closures Market?
·
What is sales volume, revenue, and price analysis of top players of the
market?
·
What are the market opportunities and threats faced by the vendors in the
industry?
·
What has been the impact of COVID-19 on Snap-on Closures Market?
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