In 2023, the global twist caps market is estimated to achieve a USD 2.6 billion valuation. From 2023 to 2033, the market is set to register a moderate 4.9% CAGR to reach a valuation of USD 4.2 billion by the end of 2033. Nearly 15%-20% of the market share was held by the top 5 twist caps manufacturers in 2022.
High demand for twist-off metal caps that are ideal for pasteurization and sterilization processes would boost sales. Rising demand for such caps from the brewing industry worldwide amid their ability to keep alcoholic beverages fresh would boost growth.
Furthermore, twist-off metal caps offer excellent oxygen barriers, which would help to extend the shelf life of products. A rising chain of bars and restaurants across the globe is projected to propel the need for twist-off metal caps in the next ten years.
In August 2022, for instance, Angrezi Dhaba, a Mumbai-based theme-based resto bar chain, expanded its presence with the opening of a new franchise restaurant in Hyderabad. The restaurant is inspired by dhaba and boasts an experience to relish quirky & vibrant décor and a state-of-the-art menu.
Apart from that, the rising demand for sauces, condiments, jams, marmalade, ketchup, and dry food items is likely to propel the demand for twist caps in the evaluation period. In September 2022, for instance, Griffith Foods introduced a new line of sauces to cater to the surging demand from the HoReCa industry.
The company’s latest Master’s Touch & Chef’s Own range of sauces includes Guntur Hot Sauce, Naga Jolokia Sauce, Pink Blush Sauce, Mexican Chipotle Sauce, Mango Habanero Sauce, Creamy Alfredo Sauce, All Purpose Tomato Base, Makhani Gravy Base, Bhuna Gravy Base, Schezwan Sauce, and Basil Pesto Sauce. Therefore, an increasing number of new product launches under the sauces and condiments segment are projected to drive twist caps sales.
Twist caps are either made from plastic or metal, and they are coated from the inside. They are compatible with food items and can be used for safer packaging and sealing, as compared to traditional caps.
Twist caps made from steel or tin sheets have been majorly seen on glass container packaging. Changing market demand and consumers’ choices are the major driving forces for increased twist caps sales. Increasing concerns regarding food safety and the rising consumption of preserved food items with hectic lifestyles are some of the other factors influencing the global market.
Manufacturers nowadays are adopting convenient and easy-to-use packaging solutions for creating new growth opportunities for twist caps manufacturers. Overall, the global twist caps market is anticipated to grow at a fast pace from 2023 to 2033.
| Attributes | Key Insights |
|---|---|
| Global Twist Caps Market Estimated Size (2023E) | USD 2.6 billion |
| Projected Market Valuation (2033F) | USD 4.2 billion |
| Value-based CAGR (2023 to 2033) | 4.9% |
| Collective Value Share: Top 3 Countries (2023E) | 30-35% |
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The global market for twist caps showcased a CAGR of 4.5% during the historical period from 2018 to 2022 and generated a valuation of USD 2.5 billion in 2022. In the packaging market, caps and closures are considered to be the most important packaging solution for containers.
There are different types of closures available in the market according to the needs of every product. Every bottle or container requires lids to safely pack products. But, the application of closures depends upon the type of products that are being packaged.
Twist caps are mainly applied on containers specifically in food and beverage packaging for vacuum sealing so that the packed products are safe and well protected without affecting its taste & quality. Twist cap allows consumers to open the container without any opener but by just twisting the cap owing to this, twist caps demand is expected to skyrocket in the packaging market. These caps are also suitable for the packaging of hot and cold filling products that are followed by sterilization and pasteurization processes.
Rising Demand for Jams, Sauces, and Ketchups to Boost Twist Caps Sales
Twist caps are being majorly used for packaging glass jars & bottles to completely vacuum seal the container, and for increasing the shelf life of packaged products. Continuously increasing demand for preserved food items such as jams, ketchup, sauces, and dry fruits is set to supplement sales of twist caps.
Changing demand for easily accessible packaging of food products is one of the major factors stimulating sales of twist caps. Increasing concerns over food safety and quality are also driving the market for twist caps.
Increased consumption of food products like jams, especially by children is helping the twist caps market to grow. Another factor positively affecting sales of twist caps is that these are fully customizable and provide appealing aesthetics to the product packaging.
Moreover, the ability of twist caps to foil stamps and decorative customization that add to increase the attractiveness of packaging is set to boost the application of twist caps. Many manufacturers are making PVC-free twist caps for creating safe food packaging.
Thus, there is a vast scope for developing twist caps made with new materials that are compatible with food items. All these factors are majorly driving sales of twist caps in the food segment.
High Demand for Sauces and Condiments in the USA to Fuel Sales of Twist Crown Caps
The USA is estimated to hold around 4/5th portion of the North American market for twist caps by the end of 2023, finds FMI. Increased export of condiments and sauces in the USA is estimated to boost sales of vacuum-sealing packaging such as glass containers, which would ultimately drive the demand for twist caps.
Twist caps offer a vacuum-sealed feature which helps in preserving the taste and quality of the product. According to the USA Department of Agriculture (USDA), in 2021, condiments & sauces export in the USA stood at USD 1.97 billion. Thus, increased export of condiments & sauces in the USA would bolster sales of lug caps or twist caps.
Burgeoning Demand for Cleaning Products and Cosmetics to Boost Twist Lock Caps Sales
According to the Industrieverband Körperpflege- und Waschmittel e. V. (IKW), shoppers spent about 14.3 billion euros in 2022 on body care and cosmetics products, which is nearly 5.5% more compared to the previous year. Sales of cosmetics, detergents and cleaning products rose by 7.9% in Germany and abroad.
Also, exports of these products surged by 5.6% to the value of 10.6 billion euros. This increased the demand for cosmetics and home care products, which is anticipated to create a high need for twist caps across Germany.
Demand for Metal Twist-Off Caps to Skyrocket with their Highly Durable Characteristics
Based on material, metal twist caps are expected to lead the global market for twist caps during the forecast period. Metal twist caps provide high strength, durability, and recyclability. Owing to its various beneficial properties, the segment is expected to cover nearly 82% of the global market share by the end of 2023.
Twist Cap Bottles Sales to Surge among Food Brands Amid High Demand for Preserved Food Products
The food segment by end use is projected to create an incremental growth opportunity for the global market for twist caps. Surging consumption of preserved food products along with the launch of a wide variety of preserved food products by numerous brands would drive sales of twist caps among food manufacturing companies. The target segment is estimated to grow 1.6 times the current value during the estimated time frame.
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Major players in the twist caps market faced a reduction in sales and share during the pandemic. Currently, these players in the industry are gaining high market share by expanding their presence and resources through acquisitions & partnerships.
Some of the recent developments by key players are as follows-
In November 2022, C.L. Smith (Novvia Group) announced the acquisition of Auberst Inc., which is a California-based distributor of metal and plastic rigid packaging solutions.
In March 2020, Technical S.p.A. announced its partnership with Oricon Enterprise, which is an Indian packaging producer. The company is aiming to enter the Indian packaging market with the help of this partnership.
| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | USD 2.6 billion |
| Projected Market Valuation (2033) | USD 4.2 billion |
| Value-based CAGR (2023 to 2033) | 4.9% |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Value (USD billion) |
| Segments Covered | Material, Diameter, End Use, Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Middle East and Africa; Oceania |
| Key Countries Covered | The USA, Canada, Mexico, Brazil, Germany, The United Kingdom, France, Italy, Spain, Russia, China, Japan, India, GCC countries, Australia |
| Key Companies Profiled | Silgan Closures GmbH; TOKK Company; Nippon Closures Co., Ltd.; Samhwa Crown & Closure; Elmoris, Jsc; Xuzhou Xinyu Glass Products Co., Ltd.; Suzhou Jinqiao Packaging Container Co.,LTD; Massilly Holding S.A.S; Tecnocap S.p.A.; D PLAST a.s; Gebrüder Leonhardt GmbH & Co. KG Blema Kircheis; Indo Cap Closures; Caps & Closures; AAPL Solutions; Royal Can Industries Company Limited; Takemoto Yohki Co., Ltd.; CL Smith (Novvia Group); Reef Cap |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
The market is valued at USD 2.6 billion in 2023.
TOKK Company and Caps & Closures are key twist caps market players.
The metal twist cap is likely to remain preferred through 2033.
Players opt for mergers and acquisitions.
India, Japan, and China dominate the Asian market.
| Industry Size (2025E) | USD 81.7 Billion |
| Industry Value (2035F) | USD 125.7 Billion |
| CAGR (2025 to 2035) | 4.4% |
| Estimated Size, 2025 | USD 45.9 billion |
|---|---|
| Projected Size, 2035 | USD 64.7 billion |
| Value-based CAGR (2025 to 2035) | 3.5% |
| Estimated Size, 2024 | USD 124.8 billion |
|---|---|
| Projected Size, 2034 | USD 164.6 billion |
| Value-based CAGR (2024 to 2034) | 2.8% |
| Market Size, 2024 | USD 21.8 billion |
|---|---|
| Market Size, 2034 | USD 28.4 billion |
| Value CAGR (2024 to 2034) | 2.70% |
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