Market Overview:
The global twist open - twist close caps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for food and beverage products, cosmetics and personal care products, and pharmaceuticals. In addition, the growing trend of using recyclable materials is also contributing to the growth of this market. The plastic twist open - twist close caps segment is expected to dominate the global market during the forecast period owing to its low cost and easy availability.
Product Definition:
The Twist Open - Twist Close Caps are used to keep the ends of the tubes and hoses from coming off. It is important to use these caps because they prevent the material from spilling out or becoming contaminated.
Plastic Twist Open - Twist Close Caps:
Plastic twist open - twist close caps are used for packaging of liquid products in glass bottles and metal cans. The plastic cap has a small spout attached to it, which is inserted into the neck of the bottle or can. It is then twisted closed until it fits securely, creating an airtight seal.
Metal Twist Open - Twist Close Caps:
Metal twist open - twist close caps are used in the packaging of various products such as food & beverages, pharmaceuticals, chemicals and others. Metal Twist Open - Twist Close Caps have a metal cap that can be twisted to remove the content from the container and then it can be replaced easily by pressing down on it. The product is available with different designs and shapes which also helps in attracting customers.
Application Insights:
The food and beverage industry was the largest application segment in 2016, accounting for a market share of over 40%. The growth is attributed to increasing demand for twist open - twist close caps from various industries including dairy, bakery and confectionery. These products are used in the packaging of several food items such as sauces, dressings, chocolates and beverages.
Cosmetic & personal care industry is expected to grow at a significant rate during the forecast period owing to rising consumer awareness regarding health issues associated with harmful chemicals present in cosmetics products. Moreover, stringent regulations related to cosmetic safety will boost product demand further. Twist open - twist close caps are also widely used by pharmaceutical industries due to high quality standards required for processing drugs under these containers.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and end-users. The region is expected to continue its dominance over the forecast period, with U.S. being at the forefront, owing to factors such as high consumer awareness regarding health and hygiene coupled with stringent government regulations for manufacturing food containers in accordance with standards set by FDA (Food and Drug Administration).
Asia Pacific is anticipated to witness significant growth over the forecast period due to increasing demand from developing countries such as India, China, Indonesia among others. In addition, rising population coupled with growing disposable income will drive industry expansion over this region during same period. Europe also accounted for a significant share in terms of revenue generation owing to rapid industrialization across several countries including Germany; France; Italy; UK among others which are major consumers of twist open - twist close caps products globally (Kumar & Pathak 2016).
Growth Factors:
- Increasing demand from the food and beverage industry for twist open - twist close caps to preserve and protect products from contamination and spoilage.
- Rising demand for twist open - twist close caps in the pharmaceuticals industry to prevent leakage of drugs and contamination.
- Growing popularity of Twist Open - Twist Close Caps in personal care products, such as shampoos, conditioners, lotions, etc., due to their tamper-evident properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Twist Open - Twist Close Caps Market Research Report
By Type
Plastic Twist Open - Twist Close Caps, Metal Twist Open - Twist Close Caps, Others
By Application
Food and Beverage Industry, Cosmetics and Personal Care Industry, Pharmaceutical Industry, Others
By Companies
Stull Technologies, Mold-Rite Plastics, O.Berk, Yorker Packaging, Ramson Engineering, Toyo Seikan Group, Crown Holdings, Greiner Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Twist Open - Twist Close Caps Market Report Segments:
The global Twist Open - Twist Close Caps market is segmented on the basis of:
Types
Plastic Twist Open - Twist Close Caps, Metal Twist Open - Twist Close Caps, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage Industry, Cosmetics and Personal Care Industry, Pharmaceutical Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stull Technologies
- Mold-Rite Plastics
- O.Berk
- Yorker Packaging
- Ramson Engineering
- Toyo Seikan Group
- Crown Holdings
- Greiner Group
Highlights of The Twist Open - Twist Close Caps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plastic Twist Open - Twist Close Caps
- Metal Twist Open - Twist Close Caps
- Others
- By Application:
- Food and Beverage Industry
- Cosmetics and Personal Care Industry
- Pharmaceutical Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Twist Open - Twist Close Caps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Twist open caps are a type of bottle cap that has a twist-off top. They are typically used on soft drinks and other carbonated beverages. The twist-off top makes it easy to drink from the bottle, and the cap can be replaced easily if it becomes damaged or lost.
Some of the key players operating in the twist open - twist close caps market are Stull Technologies, Mold-Rite Plastics, O.Berk, Yorker Packaging, Ramson Engineering, Toyo Seikan Group, Crown Holdings, Greiner Group.
The twist open - twist close caps market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Twist Open - Twist Close Caps Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Twist Open - Twist Close Caps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Twist Open - Twist Close Caps Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Twist Open - Twist Close Caps Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Twist Open - Twist Close Caps Market Size & Forecast, 2020-2028
4.5.1 Twist Open - Twist Close Caps Market Size and Y-o-Y Growth
4.5.2 Twist Open - Twist Close Caps Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Plastic Twist Open - Twist Close Caps
5.2.2 Metal Twist Open - Twist Close Caps
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food and Beverage Industry
6.2.2 Cosmetics and Personal Care Industry
6.2.3 Pharmaceutical Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Twist Open - Twist Close Caps Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Twist Open - Twist Close Caps Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Plastic Twist Open - Twist Close Caps
9.6.2 Metal Twist Open - Twist Close Caps
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food and Beverage Industry
9.10.2 Cosmetics and Personal Care Industry
9.10.3 Pharmaceutical Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Plastic Twist Open - Twist Close Caps
10.6.2 Metal Twist Open - Twist Close Caps
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food and Beverage Industry
10.10.2 Cosmetics and Personal Care Industry
10.10.3 Pharmaceutical Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Plastic Twist Open - Twist Close Caps
11.6.2 Metal Twist Open - Twist Close Caps
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food and Beverage Industry
11.10.2 Cosmetics and Personal Care Industry
11.10.3 Pharmaceutical Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Plastic Twist Open - Twist Close Caps
12.6.2 Metal Twist Open - Twist Close Caps
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food and Beverage Industry
12.10.2 Cosmetics and Personal Care Industry
12.10.3 Pharmaceutical Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Plastic Twist Open - Twist Close Caps
13.6.2 Metal Twist Open - Twist Close Caps
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food and Beverage Industry
13.10.2 Cosmetics and Personal Care Industry
13.10.3 Pharmaceutical Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Twist Open - Twist Close Caps Market: Competitive Dashboard
14.2 Global Twist Open - Twist Close Caps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stull Technologies
14.3.2 Mold-Rite Plastics
14.3.3 O.Berk
14.3.4 Yorker Packaging
14.3.5 Ramson Engineering
14.3.6 Toyo Seikan Group
14.3.7 Crown Holdings
14.3.8 Greiner Group
