Rockville, MD -- (SBWIRE) -- 07/31/2019 -- Global Crimp-on Spouts Market: An Overview
Crimp-on spouts are a type of closure most commonly used for small and medium-sized plastic and metal containers. Crimp-on spouts are used to ensure tamper-evident sealing and security, without compromising on security. Crimp-on spouts are attached to the containers using manual or pneumatic tools. Crimp-on spouts are designed keeping end-user convenience in mind. Crimp-on spouts combine a plastic cap integrated with bail handles. A special ring-pull membrane in the crimp-on spout has to be removed while emptying, after which, the plastic cap can be reapplied. Therefore, crimp-on spouts have a high degree of safety and protection, which is expected to increase preference for them in the market during the forecast period. The outlook for growth of the global crimp-on spouts market is anticipated to be largely positive during 2018-2028.
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Global Crimp-on Spouts Market: Dynamics
The global crimp-on spouts market is expected to grow on the backdrop of the growth in demand for efficient industrial packaging solutions. One of the key factors which are expected to lead to an increased preference for crimp-on spout caps is their design. Since they have a low profile, the containers can be stacked during transit. Often, an alternative seal would result in low stackability. Furthermore, some of the key design level innovations that manufacturers of crimp-on spouts have been coming up with include extra-large cap surface to incorporate up to two-color private design print, optional self-venting, and anti-glug spout for water thin lids, among others. Manufacturers of crimp-on spouts also focus on the durability of their products. In addition, manufacturers of crimp-on spouts also make persistent efforts to manufacture their crimping tools to go along with the closures. As demand for tamper-evident closures grows, the global crimp-on spouts market is expected to face a sizeable demand from various industries such as chemical & food.
Global Crimp-on Spouts Market: Segmentation
The global crimp-on spouts market is segmented as follows -
On the basis of material, the global crimp-on spouts market is segmented into –
Plastic
Metal
On the basis of width, the global crimp-on spouts market is segmented into –
< 42 mm
42 – 50 mm
50 – 60 mm
60 – 70 mm
> 70 mm
On the basis of end use, the global crimp-on spouts market is segmented into –
Edible Oil
Ghee
Crude Oil
Food Products
Solvents and Alkalis
Lubricants and Chemical
Petroleum
Others (Adhesives, Gasolene, etc.)
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Global Crimp-on Spouts Market: Regional Outlook
The North American region is expected to spearhead the growth of the global crimp-on spouts market during the next ten years. This is attributed to the well-established network of industries in the region. The U.S. is anticipated to remain ahead by the value of products such as adhesive, diesel, solvents, chemicals, lubricants, and others. The Asia Pacific crimp-on spouts market is likely to witness increased growth in line with the rising demand for tamper-evident closures. The crimp-on spouts market is anticipated to witness sluggish growth during the forecast period. The key reason being high market saturation. The Latin American crimp-on spouts market is expected to register sluggish growth over the next five years, due to the slow economic recovery of countries like Brazil and Argentina. However, post-2020, the outlook for growth of the Latin American crimp-on spouts market is expected to be positive.
Global Crimp-on Spouts Market: Key players
Some of the key participants operating in the global crimp-on spouts market are –
BWAY Corporation
Rieke Packaging Systems
The Cary Company
Some of the key trends in the global crimp-on spouts market are –
Focus on manufacturing manual and pneumatic crimping tools along with crip-on spouts
Emphasis on easy pouring and drainability, leading to end-user convenience
Large lifting bails on the cap to enable ease of use with gloves
Self-venting spouts for water thin liquids.
The crimp on spouts market research report presents a comprehensive assessment of the market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, material, width, and end use.
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The crimp on spouts market report covers an exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved
Technology
Value Chain
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
CIS and Russia
Asia-Pacific (China, India, ASEAN, South Korea)
Japan
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.
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