Snap Secure Container Global Market Report 2024

Description

Snap Secure Container Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on snap secure container market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for snap secure container? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The snap secure container market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Material: Poly Propylene; Polyethylene; High-Density Polyethylene; Low Density Polyethylene
2) By Capacity: 20-50ml; 51-100 ml; 101-150ml; Above 150ml
3) By Application: Food; Medicine; Cosmetic; Other Applications
Companies Mentioned: H&K Muller GmbH; Amcor PLC; Avantor Inc.; Corning Incorporated; Detmold Group
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Snap-secure containers are cylindrical plastic containers made from high-quality polymers, commonly used for packaging diverse products like powders, pastes, greases, granules, tablets, and pills. They offer a cost-effective packaging solution and come in various volumes and neck sizes.

These containers typically utilize materials such as polypropylene (PP), polyethylene (PE), high-density polyethylene (HDPE), and low-density polyethylene (LDPE). Polypropylene is a type of thermoplastic made from propylene monomers. These containers are available in capacities ranging from 20-50ml, 51-100ml, 101-150ml, and above 150ml, catering to applications in food, pharmaceuticals, cosmetics, and more.

The snap secure container market research report is one of a series of new reports from The Business Research Company that provides snap secure container market statistics, including snap secure container industry global market size, regional shares, competitors with snap secure container market share, detailed snap secure container market segments, market trends, and opportunities, and any further data you may need to thrive in the snap secure container industry. This snap secure container market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The snap secure container market size has grown strongly in recent years. It will grow from $2.17 billion in 2023 to $2.29 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth observed in the historic period can be linked to various factors such as heightened security concerns, the optimization of supply chains, compliance with regulatory standards, meeting industry-specific requirements, and effective risk management practices.

The snap secure container market size is expected to see strong growth in the next few years. It will grow to $2.85 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The anticipated growth in the forecast period can be credited to the emergence of new threats, the integration of IoT and tracking technologies, the globalization and complexity of supply chains, adherence to stringent security standards, and the heightened sensitivity surrounding goods. Significant trends expected in this period encompass innovations in material science, compliance with regulatory and safety standards, utilization in food and beverage packaging, advancements in closure technologies, and the adoption of rapid prototyping and design innovation.

The growth of the snap secure container market is anticipated, driven by the increasing demand for environmentally friendly containers. These containers are characterized by their recyclability, safety for both people and the environment, and the use of recycled materials. Snap secure containers specifically contribute to environmental sustainability by employing materials and manufacturing processes with low environmental and energy consumption. Government initiatives promoting eco-friendly packaging and restricting single-use plastics are further stimulating the demand for such environmentally conscious containers. According to The 2021 Buying Green Survey Report by NACS (National Association of Convenience Stores), 67% of consumers across Europe, North America, and South America consider it important for products to be packaged in recyclable materials, are willing to pay more for such products, and identify as environmentally aware. Consequently, the rising demand for environmentally friendly containers is expected to drive the snap secure container market.

The growth of the e-commerce industry is poised to significantly contribute to the expansion of the snap-secure container market. As e-commerce, the buying and selling of goods and services over the Internet, continues to rise, snap secure containers play a pivotal role by providing secure and tamper-evident packaging solutions. This ensures the protection of shipped goods and boosts customer confidence in the integrity of delivered products. According to the United Nations Conference on Trade and Development, the share of online retail sales of total retail sales increased from 16% to 19% in 2020. This surge in e-commerce is a key driver propelling the growth of the snap-secure container market.

Product innovation emerges as a notable trend in the snap secure container market, with major companies focusing on introducing innovative products to enhance their market position. Graphic Packaging, a US-based manufacturer of quality food packaging, exemplifies this trend with the launch of a fiber-based snap-closing lid in October 2023. This lid is recyclable in household paper waste streams and is made from renewable plant-based fiber sourced from sustainably managed forests. The innovative lid features a secure snap closure system, eliminating plastic from the supply chain. Engineered to remain rigid in chilled and moisture-rich environments, the product not only meets consumer demands but also emphasizes functionality and sustainability in packaging solutions.

Key players in the snap-secure container market are placing increased emphasis on introducing tamper-evident paper bags to enhance their competitive positioning. Tamper-evident paper bags are packaging solutions equipped with features that visibly indicate interference or tampering. A notable example is Novolex, a US-based company, which introduced tamper-evident paper bags named Load and Fold in August 2022. These bags are specifically designed to ensure secure transport and deliveries for restaurants and retailers, with a focus on tamper evidence and functionality. The Load & Seal shopping bags feature a built-in tamper-evident adhesive strip for secure sealing, while the Load & Fold bags offer an upscale folded top security option with a customer-supplied branded label or another adhesive strip for sealing. Both designs feature a wide opening for easy loading, a flat bottom for item security, and sturdy paper twist handles for convenient and reliable carrying.

In a strategic move in August 2023, Regal Food Products, a UK-based food company, acquired Packaging R US for an undisclosed amount. This acquisition is expected to contribute to Regal Food Products' expansion and strengthening of its wholesale and food service offerings under the Regal Food Product Group. Packaging R.U.S., based in the US, specializes in manufacturing a diverse range of disposable food packaging solutions, including foil containers, catering foil, and plastic containers. This strategic acquisition aligns with Regal Food Products' goals of diversifying its product range and enhancing its brand portfolio within the food packaging industry.

Major companies operating in the snap secure container market report are H&K Muller GmbH, Amcor PLC, Avantor Inc., Corning Incorporated, Detmold Group, EMSA GmbH, K. P. Plastics, LINDAR Corporation, LocknLock Co. Ltd., Maynard & Harris Plastics Ltd., Newell Brands Inc., NuWave LLC, Silgan Containers LLC, Thermos LLC, Tupperware Brands Corporation, Berry Global Inc., The Clorox Company, Anchor Packaging Inc., Bemis Company Inc., Cambro Manufacturing Company, Carlisle FoodService Products, D&W Fine Pack, Dart Container Corporation, Fabri-Kal Corporation, Genpak LLC, Huhtamaki Oyj, Inline Plastics Corp., International Paper Company, Letica Corporation, Lollicup USA Inc., Novolex Holdings Inc., Pactiv LLC, Placon Corporation, Reynolds Consumer Products Inc., Sabert Corporation, Sonoco Products Company, Sterilite Corporation

North America was the largest region in the snap secure container market share in 2023. The regions covered in the snap secure container market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the snap secure container market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The snap secure containers market consists of sales of snap secure containers made from terylene resins, and styrene polymer resins. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r13054

1. Executive Summary

2. Snap Secure Container Market Characteristics

3. Snap Secure Container Market Trends And Strategies

4. Snap Secure Container Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Snap Secure Container Market Size and Growth

5.1. Global Snap Secure Container Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Snap Secure Container Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Snap Secure Container Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Snap Secure Container Market Segmentation

6.1. Global Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Poly Propylene
Polyrthylene
High-Density Polyethylene
Low Density Polyethylene
6.2. Global Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20-50ml
51-100 ml
101-150ml
Above 150ml
6.3. Global Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Food
Medicine
Cosmetic
Other Applications

7. Snap Secure Container Market Regional And Country Analysis

7.1. Global Snap Secure Container Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Snap Secure Container Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Snap Secure Container Market

8.1. Asia-Pacific Snap Secure Container Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Snap Secure Container Market

9.1. China Snap Secure Container Market Overview
9.2. China Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Snap Secure Container Market

10.1. India Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Snap Secure Container Market

11.1. Japan Snap Secure Container Market Overview
11.2. Japan Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Snap Secure Container Market

12.1. Australia Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Snap Secure Container Market

13.1. Indonesia Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Snap Secure Container Market

14.1. South Korea Snap Secure Container Market Overview
14.2. South Korea Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Snap Secure Container Market

15.1. Western Europe Snap Secure Container Market Overview
15.2. Western Europe Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Snap Secure Container Market

16.1. UK Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Snap Secure Container Market

17.1. Germany Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Snap Secure Container Market

18.1. France Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Snap Secure Container Market

19.1. Italy Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Snap Secure Container Market

20.1. Spain Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Snap Secure Container Market

21.1. Eastern Europe Snap Secure Container Market Overview
21.2. Eastern Europe Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Snap Secure Container Market

22.1. Russia Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Snap Secure Container Market

23.1. North America Snap Secure Container Market Overview
23.2. North America Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Snap Secure Container Market

24.1. USA Snap Secure Container Market Overview
24.2. USA Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Snap Secure Container Market

25.1. Canada Snap Secure Container Market Overview
25.2. Canada Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Snap Secure Container Market

26.1. South America Snap Secure Container Market Overview
26.2. South America Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Snap Secure Container Market

27.1. Brazil Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Snap Secure Container Market

28.1. Middle East Snap Secure Container Market Overview
28.2. Middle East Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Snap Secure Container Market

29.1. Africa Snap Secure Container Market Overview
29.2. Africa Snap Secure Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Snap Secure Container Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Snap Secure Container Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Snap Secure Container Market Competitive Landscape And Company Profiles

30.1. Snap Secure Container Market Competitive Landscape
30.2. Snap Secure Container Market Company Profiles
- 30.2.1. H&K Muller GmbH
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Amcor plc
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Avantor Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Corning Incorporated
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Detmold Group
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Snap Secure Container Market Competitive Benchmarking

32. Global Snap Secure Container Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Snap Secure Container Market

34. Snap Secure Container Market Future Outlook and Potential Analysis

34.1 Snap Secure Container Market In 2028 - Countries Offering Most New Opportunities
34.2 Snap Secure Container Market In 2028 - Segments Offering Most New Opportunities
34.3 Snap Secure Container Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer