Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled "Global Screw Closures Market – Industry, Size, Share, Growth, Trends and Forecast 2019 – 2027". This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2027. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with a growth of manufacturers in the global market for Screw Closures. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.
In this report, Transparency Market Research provides a 9-year forecast for screw closures market, both by value (US$ Mn) and volume (Mn Units), between 2019 & 2027. The global screw closures market value is projected to clock a CAGR of 5.0%, during the forecast period. The study on global screw closures is geographically segmented into six key regions, wherein market analysis has been provided on the basis of diameter, material type, end use, and neck finish.
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The global screw closures market study begins with a executive summary on various segments, and their contribution to the current market scenario. The executive summary also briefly discusses the key findings of the study as well as the screw closures market overview. Furthermore, the role of LDPE, HDPE, and polypropylene as key materials for screw closures has also been discussed in brief. Key market dynamics of screw closures (TMR analysis of drivers and trends) have been provided in the executive summary of the global screw closures market report. A dedicated section has been provided for the detailed description of the market dynamics influencing the screw closures market. These are provided as drivers, restraints, opportunities, and trends for the screw closures market. Furthermore, to show the performance of screw closures market in each country and region, a Y-o-Y growth analysis has been provided.
Key Segments Covered in the Global Screw Closures Market
By Diameter
18 mm – 33 mm
36 mm – 53 mm
63 mm – 100 mm
Above 100 mm
By Material Type
LDPE
HDPE
Polypropylene
Metal
Thermosets
Others (PS, PET etc.)
By End Use
Beverages
Food
Pharmaceuticals
Household
Cosmetics & Personal Care
Others
By Neck Finish
400 (1 Thread Turn)
410 ( 1.5 Thread Turn)
415 ( 2 Thread Turn)
425 ( 2 Thread Turn)
Above 430 ( More than 2 Thread Turn)
By Region
North America
U.S.
Canada
Latin America
Brazil
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Rest of Europe
Japan
Asia Pacific Excluding Japan (APEJ)
China
India
Malaysia
Singapore
Australia
Rest of APEJ
Middle East & Africa (MEA)
GCC Countries
South Africa
Israel
Rest of MEA
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To estimate the market size of screw closures in terms of value and volume, the revenue generated by key manufacturers of screw closures, and their corresponding production capacity has been taken into consideration. As an initialization of the study, the current market size of screw closures was estimated, along with the historical growth in market size of screw closures. This formed the basis of how the screw closures market is expected to shape up in the future. The screw closures market was assessed by a three-pronged approach– by tracking the supply side, downstream industry, and the economic envelope. In addition, it should be noted that in an ever-fluctuating global economy, TMR not only conducts forecasts in terms of CAGR, but also analyses the market based on key parameters, such as year-on-year (Y-o-Y) growth rates, to understand the predictability of the screw closures market and identify the right opportunities across it.
The screw closures market has also been assessed on the basis of segment-wise Y-o-Y growth rates. This detailed level of information is important for identifying the key trends in the screw closures market. Another key feature of the global screw closures market report is the analysis of the market in terms of absolute dollar opportunity. Absolute dollar opportunity is critical for evaluating the scope of opportunity that a provider can look to achieve, as well as to identify potential resources from a delivery perspective of the screw closures market. The overall absolute dollar opportunity along with the segmental split is mentioned in the report.
In the final section of the global screw closures market report, a detailed competitive dashboard has been provided to give a detailed overview of the key manufacturers of screw closures. It is intended to represent a comparative analysis based on the segment-wide revenues of the manufacturers along with their product portfolios, key strategies, and market presence. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on the in-depth assessment of their capabilities and success in the screw closures marketplace. A list of key participants in the screw closures market, including suppliers and distributors is provided in the screw closures market report.
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