Global Screw Caps Market Research Report 2022

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").

Market Analysis and Insights: Global Screw Caps Market

Due to the COVID-19 pandemic, the global Screw Caps market size is estimated to be worth US$ 16380 million in 2022 and is forecast to a readjusted size of US$ 20840 million by 2028 with a CAGR of 4.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Aluminum Screw Caps accounting for % of the Screw Caps global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Beverage Industry segment is altered to an % CAGR throughout this forecast period.

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.

Global Screw Caps Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Screw Caps Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.



Segment by Type


Aluminum Screw Caps

Plastic Screw Caps

Other Materials



Segment by Application


Beverage Industry

Food Industry

Wine & Spirits

Pharmaceutical Industry

Cosmetic

Others



By Company


Closure Systems International

Global Closure Systems

ALPLA

AptarGroup

Guala Closure Group

Silgan Plastic

Crown Holdings Incorporation

THC

Zijiang

Bericap

Berry Plastics Group

MALA

Tecnocap


Production by Region



North America

Europe

Middle East & Africa

South America

Japan

China


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

China Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina