Screw Closures Market Estimated to Reach a Value US$ 42,469.9 Million by 2027 || Key Players are Amcor Limited, Berry Global Inc., Aptar Group, RPC M&H Plastics Ltd, Silgan Plastic Closure Solutions, O. Berk Company LLC, Closure Systems International Inc.

A new report titled “Screw Closures Market Estimated to Reach a Value US$ 42,469.9 Million by 2027” has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the Screw Closures market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market’s growth and challenges and restraints hindering the market for Screw Closures across the globe.

The screw closures market stood at US$ 27,489.5 Mn in 2018 and is forecast to register a CAGR of 5.0 % during 2018 – 2027. The screw closures market is estimated to be valued at US$ 42,469.9 Mn by the end of the forecast period.

Screw closures are most prominent type of caps & closures used in the beverage industry. The hassle-free opening and closing, along with the improved security to prevent product wastage makes them ideal for use in the food & beverage industry. Hence, the growth of the screw closures market closely depends upon the development of the beverage industry. The ready-to-drink market is expected to witness an impressive growth in the overall screw closures market during the forecast period, which can increase the need of high-end screw closures. The food industry also accounts for a significant market share of the global screw closures market.

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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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