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Snap on Caps and Closure Market - Evolving Industry Trends and key Insights by 2024

01-17-2018 08:02 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Lightweight packaging in general has been a strong trend in the beverage industry, as suppliers continue to strive on developing products that satisfy both environment and cost concerns. According to TMR analysis, plastic closures overtook metal closures in 2015, gaining the largest share of the global market for beverage closures. The caps and closures are widely used in capping the bottles and other packaging products where mostly liquids are packed.

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Snap-on Caps are designed for airtight storage after bottled preserves have been opened but are not consumed entirely. These type caps keeps the preserves fresh even after the seal has been removed and helps in protecting the items from unwanted contaminants.
Global snap on caps and closure market is segmented by product type, material type, closure type, end use and by region. On the basis of product, the global snap on caps and closure market can be segmented as bottles, tubes, jars, vials, cans & containers and others.

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On the basis of material type snap on caps and closure market can be segmented into, polyethylene terephthalate (PET), polyvinyl chloride (PVC), high-density polyethylene (HDPE) and others. On the basis of closure type, snap on caps and closure market can be segmented into flip top, bottle stopper, twist off cap and other specialty dispensing caps. On the basis of neck size, snap on caps and closure market can be segmented into 20mm, 24mm, 31mm, 38mm and others. On the basis of end use, snap on caps and closure market can be segmented into liquid soap, shampoo, oil products, lotion and cream and others.

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On the basis of region, snap on caps and closure we have segmented into North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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