Press release
Screw Caps Market to Witness Robust Expansion by 2023
New report published by Market Research Report Store (MRRS) which offers insights on the global Screw Caps market.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").
The classification of Screw Caps includes Plastics, Aluminum and others, and the proportion of Plastics in 2016 is about 88%.
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https://www.marketresearchreportstore.com/reports/2435/global-screw-caps-market
Global Screw Caps Market: Forecast by Type / Application / Region
Screw Caps are widely used Beverage, Wine & Spirits, Food, Cosmetic, Pharmaceuticals, Other. The most proportion of Screw Caps is Beverage, and consumption proportion is about 50%.
China region is the largest supplier of Screw Caps, with a production market share nearly 30% in 2016, and has larger growth rate.
China is the largest consumption place, with a consumption market share nearly 24% in 2016. Following Europe, North America is the second largest consumption place.
Market competition is intense. Closure Systems International, Global Closure Systems, ALPLA, AptarGroup, Guala Closure Group, Silgan Plastic 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.
Over the next five years, LPI(LP Information) projects that Screw Caps will register a 4.4% CAGR in terms of revenue, reach US$ 17100 million by 2023, from US$ 13300 million in 2017.
Global Screw Caps Market: Key Players
Closure Systems International
Global Closure Systems
ALPLA
AptarGroup
Guala Closure Group
Silgan Plastic
Crown Holdings Incorporation
THC
Zijiang
Bericap
Berry Plastics Group
MALA
Tecnocap
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https://www.marketresearchreportstore.com/reports/2435/global-screw-caps-market
Related Information:
United States Screw Caps Market Research Report 2018
Europe Screw Caps Market Research Report 2018
North America Screw Caps Market Research Report 2018
Asia-Pacific Screw Caps Market Research Report 2018
China Screw Caps Market Research Report 2018
EMEA Screw Caps Market Research Report 2018
Global Screw Caps Market Research Report 2018
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