Global Screw Caps Market Growth 2023-2029

Global Screw Caps Market Growth 2023-2029

Product Code:450675

Published Date: Feb 08,2023

Pages: 104

Region: Global

Category: Chemical & Material

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A screw cap is a metal or plastic cap that screws onto threads on the neck of a bottle, generally with a metal skirt down the neck to resemble the traditional wine capsule ("foil").

LPI (LP Information)' newest research report, the “Screw Caps Industry Forecast” looks at past sales and reviews total world Screw Caps sales in 2022, providing a comprehensive analysis by region and market sector of projected Screw Caps sales for 2023 through 2029. With Screw Caps sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Screw Caps industry.

This Insight Report provides a comprehensive analysis of the global Screw Caps landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Screw Caps portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Screw Caps market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Screw Caps and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Screw Caps.

The global Screw Caps market size is projected to grow from US$ 15340 million in 2022 to US$ 20530 million in 2029; it is expected to grow at a CAGR of 20530 from 2023 to 2029.

Market competition is intense. Closure Systems International, Global Closure Systems, ALPLA, AptarGroup and Guala Closure Group, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers, but they don’t have been formed in the monopoly position in the industry. They got totally about 25% market shares.

China is the largest consumption place, with a consumption market share nearly 24%. Following Europe, North America is the second largest consumption place.

This report presents a comprehensive overview, market shares, and growth opportunities of Screw Caps market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Aluminum Screw Caps
    Plastic Screw Caps
    Other Materials

Segmentation by application
    Beverage Industry
    Food Industry
    Wine & Spirits
    Pharmaceutical Industry
    Cosmetic
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Closure Systems International
    Global Closure Systems
    ALPLA
    AptarGroup
    Guala Closure Group
    Silgan Plastic
    Crown Holdings Incorporation
    THC
    Zijiang
    Bericap
    Berry Plastics Group
    MALA
    Tecnocap

Key Questions Addressed in this Report
What is the 10-year outlook for the global Screw Caps market?
What factors are driving Screw Caps market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Screw Caps market opportunities vary by end market size?
How does Screw Caps break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?