Snap-Lock Container Market: An Overview
Snap-lock containers are highly convenient to use and
manufactured from high-quality raw material such as polyethylene,
polypropylene, polyethylene terephthalate, polystyrene, etc. Snap-lock
containers are available in various capacities from less than 250 ml to above
1,000 ml and used to packed gravies, fresh berries, pastes, soil conditioners,
and multiple other items. Snap-lock containers can be steam-sterilized,
fast-frozen, and hot-filled without affecting their overall performance. These
containers are handy and equipped with a snap-lock lid, which ensures a
confident seal that reseals tightly time after time. Snap-lock container is
microwave safe, BPA free, and FDA approved which ensure the safety of the
packed product. Thus, it is widely used in packaging food service,
pharmaceutical, electrical & electrical, consumer goods, and other
products. Overall, the global viewpoint for snap-lock
container market is expected to remain positive during the
forecast period.
Snap-Lock Container Market: Dynamics
The packaging industry has undergone a significant
transformation in the last few years. At the same time, an exponential rise in
digital literacy, making today’s consumer more research-driven & demanding.
Exceptional characteristics of snap-lock containers such as durability,
air-tight sealing, and long service life coupled with the ability to store the
food & other items for an extended period is likely to make them ideal
containers for packaging solutions. Also, consumers’ inclination towards
convenience as well as hygienic packaging solutions is expected to create
demand for snap-lock containers market.
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Continuous expansion of end-use industries across the globe
and increasing acceptance of snap-lock container for packaging of various
products are foreseen to drive the demand for snap-lock container during the
forecast period. Snap-lock containers are durable, light-weight, and can be
recycled, making them sustainable packaging solution. The sustainability factor
is foreseen to contribute to the growth of global snap-lock containers market
throughout the forecast period. Despite an optimistic outlook, the increasing
fluctuation in raw material prices and rising competition among the
manufacturers are likely to hamper the growth of snap-lock containers market in
coming years. Snap-lock containers manufacturers are offering specialized &
tailor-made products such as partition containers with more secure lids which
are expected to gain popularity in the coming years. Overall, the global
snap-lock container market is projected to expand with a notable growth rate
during the forecast period.
Snap-Lock Container Market: Segmentation
On the basis of material type, the snap-lock
container market is segmented into:
- Polyethylene
(PE)
- High-density
Polyethylene (HDPE)
- Low-density
Polyethylene (LDPE)
- Polypropylene
(PP)
- Polyethylene
Terephthalate (PET)
- Polystyrene
- Others
(PVC, etc.)
On the basis of capacity, the snap-lock
container market is segmented into:
- Less
than 250 ml
- 251
– 500 ml
- 501
– 750 ml
- 751
– 1,000 ml
- Above
1,000 ml
On the basis of end use, the snap-lock container
market is segmented into:
- Food
- Foodservice
- Bakery
& Confectionery
- Fruits
& Vegetables
- Frozen
Food
- Produce
- Deli
- Others
- Pharmaceuticals
- Electrical
& Electronics
- Consumer
Goods
- Personal
Care & Cosmetics
- Others
Snap-Lock Container Market: Regional Outlook
Europe region is a significant shareholder of global
snap-lock containers market and projected to expand with a moderate growth rate
during the forecast period. Rising demand for convenience and hygienic
packaging solution are expected to drive the growth of the snap-lock container
market in the Europe region. Germany is likely to be at the forefront in terms
of consumption of snap-lock containers market & projected to expand with
noteworthy CAGR during the forecast period. Snap-lock containers market in the
North America region is in a mature phase and expected to witness sluggish
growth rate in coming years. In North America, the U.S. is expected to be
highly attractive regarding market share during the forecast period. South Asia
and East Asia regions are projected to remain a lucrative market for the growth
of the snap-lock container market. Continuous expansion of various end-use
industries, rising disposable income, and growing demand for effective as well
as efficient packaging solutions are expected to drive snap-lock containers
market. China in East Asia while India in South Asia is likely to be at the
forefront in terms of growth rate and market share of snap-lock containers
market in coming years.
Snap-Lock Container Market: Key Players
Some of the key players operating in the global snap-lock
container market includes, Sistema Plastics, Sabert Corporation, LOCK&LOCK
Co., Ltd., China Suncity Plastic Vials Factory, and SKI Plastoware Private
Limited among others.
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