PUBLISHER: The Business Research Company | PRODUCT CODE: 1662324
PUBLISHER: The Business Research Company | PRODUCT CODE: 1662324
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 $2.28 billion in 2024 to $2.4 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to security concerns, supply chain optimization, regulatory compliance, industry-specific requirements, risk management.
The snap secure container market size is expected to see strong growth in the next few years. It will grow to $3.06 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to emergence of new threats, integration of IoT and tracking technologies, globalization and complex supply chains, stringent security standards, increased sensitivity of goods. Major trends in the forecast period include innovations in material science, regulatory compliance and safety standards, application in food and beverage packaging, advancements in closure technologies, rapid prototyping and design innovation.
The growing demand for environmentally friendly containers is expected to drive the expansion of the snap secure container market. Environmentally friendly containers are designed to be easily recyclable, safe for both people and the environment, and made from recycled materials. Snap secure containers are manufactured using processes and materials that minimize environmental impact and energy consumption. Government initiatives promoting eco-friendly packaging and banning single-use plastics are also contributing to the increased demand for such containers. For example, according to the 2022 Sustainable Packaging Consumer Report by Shorr Packaging Corp., a US-based packaging and container manufacturer, a survey of 1,113 US consumers revealed that 76% actively sought to purchase more sustainable products over the past year, and 86% were more likely to buy from brands or retailers offering sustainable packaging. As a result, the rising demand for eco-friendly containers is expected to propel the growth of the snap secure container market.
The growth of the e-commerce industry is expected to drive the expansion of the snap-secure container market in the coming years. E-commerce involves the buying and selling of goods and services online, and snap-secure containers provide a crucial solution by offering secure, tamper-evident packaging that protects shipped goods and boosts customer confidence in product integrity. For instance, according to the International Trade Administration, a US-based government agency, e-commerce revenues in the UK are projected to grow at an annual average rate of 12.6% by 2025. In addition, consumer e-commerce accounted for 36.3% of the UK's overall retail sector, with e-commerce revenues expected to reach $285.60 billion by 2025. As a result, the expanding e-commerce industry is fueling 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 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 2024. 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.
Snap Secure Container Global Market Report 2025 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.
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.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.