Screw Closures Market
Screw Closures Market Forecasts to 2030 - Global Analysis By Material Type (Metal, Polypropylene, Thermoset and Other Material Types), Diameter (18 mm - 33 mm, 36 mm - 53 mm, 63 mm - 100 mm and Above 100 mm), Neck Finish (400 (1 Thread Turn), 410 (1.5 Thread Turn), 415 (2 Thread Turn) and Other Neck Finishes), End User and By Geography
According to Stratistics MRC, the Global Screw Closures Market is accounted for $28.78 billion in 2024 and is expected to reach $41.29 billion by 2030 growing at a CAGR of 6.2% during the forecast period. Screw closures are a type of sealing mechanism widely used in packaging to secure containers such as bottles and jars. They consist of a threaded cap that screws onto the neck of the container, forming a tight seal to prevent leakage or contamination of the contents inside. The design typically includes matching threads on both the cap and the container, allowing for easy opening and closing by twisting the cap in a clockwise or counterclockwise direction.
According to Eurostat, in 2022, sold production of wine (including sparkling wine, port, and grape must) in the EU amounted to 16.1 billion liters. According to IBISWorld, grocery stores and supermarkets represent the largest market for juice products, accounting for 36.5% of revenue in 2021.
Market Dynamics:
Driver:
Rapid expansion of e-commerce channels
With the convenience of online shopping, consumers can easily browse and purchase a variety of products, including those packaged with screw closures, from the comfort of their homes. This accessibility has spurred demand for screw closures across various industries, including food and beverage, pharmaceuticals, and cosmetics. Moreover, e-commerce platforms provide an avenue for smaller manufacturers and niche products to enter the market, driving competition and innovation in screw closure designs and materials.
Restraint:
Waste management concerns
Waste management concerns are impacting the screw closures market due to the increasing emphasis on environmental sustainability has led to greater scrutiny of packaging materials, including screw closures. Consumers are demanding eco-friendly options, pushing manufacturers to invest in recyclable or biodegradable alternatives, which may be costlier or less efficient to produce. Stringent regulations on single-use plastics and packaging waste disposal further complicate the landscape for screw closure manufacturers, forcing them to adapt their processes and materials to meet evolving standards.
Opportunity:
Rise of online grocery and meal kits
The rise of online grocery shopping and meal kit services has significantly impacted the screw closures market by driving demand for packaging solutions that ensure convenience, freshness, and safety. With consumers increasingly turning to online platforms to purchase groceries and meal kits, there's a growing need for packaging that can effectively seal and preserve food products during transportation and storage. Screw closures, such as lids and caps, play a crucial role in maintaining the integrity of packaged goods, preventing leaks, spills, and contamination. As online grocery and meal kit companies strive to differentiate themselves and provide superior customer experiences, they rely on high-quality screw closures to deliver products securely and maintain their freshness.
Threat:
Fluctuations in the prices of materials
As the cost of raw materials like metals or plastics oscillates, it disrupts production budgets and pricing strategies within the industry. This instability can lead to increased manufacturing costs, which may then be passed on to consumers through higher prices for screw closures. Companies may find it challenging to maintain consistent quality standards as they navigate varying material costs. However, the uncertainty surrounding material prices can make it difficult for businesses to forecast accurately, impacting their financial planning and investment decisions.
Covid-19 Impact:
With lockdowns and restrictions implemented globally, the demand for screw closures, particularly in industries like food and beverages, pharmaceuticals, and personal care, fluctuated dramatically. Initially, panic buying and stockpiling led to a surge in demand for essential products, subsequently increasing the need for screw closures. However, as the pandemic progressed, supply chain disruptions, labor shortages, and logistical challenges emerged, causing production slowdowns and delivery delays.
The Polypropylene segment is expected to be the largest during the forecast period
Polypropylene segment is expected to be the largest during the forecast period. Polypropylene, a thermoplastic polymer renowned for its durability, flexibility, and chemical resistance, has revolutionized the manufacturing of screw closures. Its lightweight yet robust nature ensures secure sealing, preventing leaks and preserving product integrity. Additionally, polypropylene's versatility allows for customization in design, enabling manufacturers to cater to diverse consumer needs and preferences.
The Household segment is expected to have the highest CAGR during the forecast period
Household segment is expected to have the highest CAGR during the forecast period. With the increasing focus on sustainability and convenience, households are opting for products with resealable screw closures, which reduce waste by keeping contents fresh for longer periods, thus aligning with environmental concerns. Additionally, the growing trend of e-commerce has further boosted the market as consumers seek packaging solutions that ensure product safety during transit, and screw closures offer a reliable sealing mechanism. As households continue to prioritize functionality, sustainability, and convenience in their purchasing decisions, the screw closures market is poised for sustained growth, propelled by the household segment's evolving demands and preferences.
Region with largest share:
Asia Pacific region commanded the largest share of the market throughout the extrapolated period. Consumers are increasingly mindful of the environmental impact of their purchases, leading to a growing demand for eco-friendly packaging solutions. This trend has prompted manufacturers in the region to invest in sustainable practices and develop innovative screw closures made from recyclable materials such as aluminum and bio-based plastics. As a result, the Screw Closures market in the Asia Pacific region is witnessing a shift towards more sustainable and environmentally friendly options, driving both economic growth and environmental conservation efforts simultaneously.
Region with highest CAGR:
North America region is poised to show notable growth over the projection period. Government regulations in North America have played a pivotal role in enhancing the Screw Closures market by ensuring product safety and market transparency. Regulations such as those set by the Food and Drug Administration (FDA) ensure that screw closures meet rigorous safety standards, instilling consumer confidence in the products they purchase across the region. Additionally, regulatory frameworks in the region enhance market transparency by requiring accurate labeling and disclosure of product information, facilitating informed consumer choices and fostering fair competition among manufacturers.
Key players in the market
Some of the key players in Screw Closures market include Amcor Plc, BERICAP, Berry Global, Inc., Blackhawk Molding Co., Inc, CL Smith, Closure Systems International, Inc., Comar, Georg MENSHEN GmbH & Co. KG, Mold-Rite Plastics and Silgan Holdings.
Key Developments:
In September 2023, Blue Ocean Closures partnered with Coca-Cola’s EMEA R&D Center in Brussels to advance the development of its fiber-based screw cap. The closure is described as both bio-based and recyclable in existing paper streams.
In September 2022, BERICAP demonstrated innovative solutions that represent the way forward into a safe and sustainable future at FACHPACK in Nuremberg, Germany.
Material Types Covered:
• Metal
• Polypropylene
• Thermoset
• Other Material Types
Diameters Covered:
• 18 mm - 33 mm
• 36 mm - 53 mm
• 63 mm - 100 mm
• Above 100 mm
Neck Finishes Covered:
• 400 (1 Thread Turn)
• 410 (1.5 Thread Turn)
• 415 (2 Thread Turn)
• Other Neck Finishes
End Users Covered:
• Cosmetics & Personal Care
• Food & Beverages
• Household
• Pharmaceuticals
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Screw Closures Market, By Material Type
5.1 Introduction
5.2 Metal
5.3 Polypropylene
5.4 Thermoset
5.5 Other Material Types
6 Global Screw Closures Market, By Diameter
6.1 Introduction
6.2 18 mm - 33 mm
6.3 36 mm - 53 mm
6.4 63 mm - 100 mm
6.5 Above 100 mm
7 Global Screw Closures Market, By Neck Finish
7.1 Introduction
7.2 400 (1 Thread Turn)
7.3 410 (1.5 Thread Turn)
7.4 415 (2 Thread Turn)
7.5 Other Neck Finishes
8 Global Screw Closures Market, By End User
8.1 Introduction
8.2 Cosmetics & Personal Care
8.3 Food & Beverages
8.4 Household
8.5 Pharmaceuticals
8.6 Other End Users
9 Global Screw Closures Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Amcor Plc
11.2 BERICAP
11.3 Berry Global, Inc.
11.4 Blackhawk Molding Co., Inc
11.5 CL Smith
11.6 Closure Systems International, Inc.
11.7 Comar
11.8 Georg MENSHEN GmbH & Co. KG
11.9 Mold-Rite Plastics
11.10 Silgan Holdings
List of Tables
1 Global Screw Closures Market Outlook, By Region (2022-2030) ($MN)
2 Global Screw Closures Market Outlook, By Material Type (2022-2030) ($MN)
3 Global Screw Closures Market Outlook, By Metal (2022-2030) ($MN)
4 Global Screw Closures Market Outlook, By Polypropylene (2022-2030) ($MN)
5 Global Screw Closures Market Outlook, By Thermoset (2022-2030) ($MN)
6 Global Screw Closures Market Outlook, By Other Material Types (2022-2030) ($MN)
7 Global Screw Closures Market Outlook, By Diameter (2022-2030) ($MN)
8 Global Screw Closures Market Outlook, By 18 mm - 33 mm (2022-2030) ($MN)
9 Global Screw Closures Market Outlook, By 36 mm - 53 mm (2022-2030) ($MN)
10 Global Screw Closures Market Outlook, By 63 mm - 100 mm (2022-2030) ($MN)
11 Global Screw Closures Market Outlook, By Above 100 mm (2022-2030) ($MN)
12 Global Screw Closures Market Outlook, By Neck Finish (2022-2030) ($MN)
13 Global Screw Closures Market Outlook, By 400 (1 Thread Turn) (2022-2030) ($MN)
14 Global Screw Closures Market Outlook, By 410 (1.5 Thread Turn) (2022-2030) ($MN)
15 Global Screw Closures Market Outlook, By 415 (2 Thread Turn) (2022-2030) ($MN)
16 Global Screw Closures Market Outlook, By Other Neck Finishes (2022-2030) ($MN)
17 Global Screw Closures Market Outlook, By End User (2022-2030) ($MN)
18 Global Screw Closures Market Outlook, By Cosmetics & Personal Care (2022-2030) ($MN)
19 Global Screw Closures Market Outlook, By Food & Beverages (2022-2030) ($MN)
20 Global Screw Closures Market Outlook, By Household (2022-2030) ($MN)
21 Global Screw Closures Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
22 Global Screw Closures Market Outlook, By Other End Users (2022-2030) ($MN)
23 North America Screw Closures Market Outlook, By Country (2022-2030) ($MN)
24 North America Screw Closures Market Outlook, By Material Type (2022-2030) ($MN)
25 North America Screw Closures Market Outlook, By Metal (2022-2030) ($MN)
26 North America Screw Closures Market Outlook, By Polypropylene (2022-2030) ($MN)
27 North America Screw Closures Market Outlook, By Thermoset (2022-2030) ($MN)
28 North America Screw Closures Market Outlook, By Other Material Types (2022-2030) ($MN)
29 North America Screw Closures Market Outlook, By Diameter (2022-2030) ($MN)
30 North America Screw Closures Market Outlook, By 18 mm - 33 mm (2022-2030) ($MN)
31 North America Screw Closures Market Outlook, By 36 mm - 53 mm (2022-2030) ($MN)
32 North America Screw Closures Market Outlook, By 63 mm - 100 mm (2022-2030) ($MN)
33 North America Screw Closures Market Outlook, By Above 100 mm (2022-2030) ($MN)
34 North America Screw Closures Market Outlook, By Neck Finish (2022-2030) ($MN)
35 North America Screw Closures Market Outlook, By 400 (1 Thread Turn) (2022-2030) ($MN)
36 North America Screw Closures Market Outlook, By 410 (1.5 Thread Turn) (2022-2030) ($MN)
37 North America Screw Closures Market Outlook, By 415 (2 Thread Turn) (2022-2030) ($MN)
38 North America Screw Closures Market Outlook, By Other Neck Finishes (2022-2030) ($MN)
39 North America Screw Closures Market Outlook, By End User (2022-2030) ($MN)
40 North America Screw Closures Market Outlook, By Cosmetics & Personal Care (2022-2030) ($MN)
41 North America Screw Closures Market Outlook, By Food & Beverages (2022-2030) ($MN)
42 North America Screw Closures Market Outlook, By Household (2022-2030) ($MN)
43 North America Screw Closures Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
44 North America Screw Closures Market Outlook, By Other End Users (2022-2030) ($MN)
45 Europe Screw Closures Market Outlook, By Country (2022-2030) ($MN)
46 Europe Screw Closures Market Outlook, By Material Type (2022-2030) ($MN)
47 Europe Screw Closures Market Outlook, By Metal (2022-2030) ($MN)
48 Europe Screw Closures Market Outlook, By Polypropylene (2022-2030) ($MN)
49 Europe Screw Closures Market Outlook, By Thermoset (2022-2030) ($MN)
50 Europe Screw Closures Market Outlook, By Other Material Types (2022-2030) ($MN)
51 Europe Screw Closures Market Outlook, By Diameter (2022-2030) ($MN)
52 Europe Screw Closures Market Outlook, By 18 mm - 33 mm (2022-2030) ($MN)
53 Europe Screw Closures Market Outlook, By 36 mm - 53 mm (2022-2030) ($MN)
54 Europe Screw Closures Market Outlook, By 63 mm - 100 mm (2022-2030) ($MN)
55 Europe Screw Closures Market Outlook, By Above 100 mm (2022-2030) ($MN)
56 Europe Screw Closures Market Outlook, By Neck Finish (2022-2030) ($MN)
57 Europe Screw Closures Market Outlook, By 400 (1 Thread Turn) (2022-2030) ($MN)
58 Europe Screw Closures Market Outlook, By 410 (1.5 Thread Turn) (2022-2030) ($MN)
59 Europe Screw Closures Market Outlook, By 415 (2 Thread Turn) (2022-2030) ($MN)
60 Europe Screw Closures Market Outlook, By Other Neck Finishes (2022-2030) ($MN)
61 Europe Screw Closures Market Outlook, By End User (2022-2030) ($MN)
62 Europe Screw Closures Market Outlook, By Cosmetics & Personal Care (2022-2030) ($MN)
63 Europe Screw Closures Market Outlook, By Food & Beverages (2022-2030) ($MN)
64 Europe Screw Closures Market Outlook, By Household (2022-2030) ($MN)
65 Europe Screw Closures Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
66 Europe Screw Closures Market Outlook, By Other End Users (2022-2030) ($MN)
67 Asia Pacific Screw Closures Market Outlook, By Country (2022-2030) ($MN)
68 Asia Pacific Screw Closures Market Outlook, By Material Type (2022-2030) ($MN)
69 Asia Pacific Screw Closures Market Outlook, By Metal (2022-2030) ($MN)
70 Asia Pacific Screw Closures Market Outlook, By Polypropylene (2022-2030) ($MN)
71 Asia Pacific Screw Closures Market Outlook, By Thermoset (2022-2030) ($MN)
72 Asia Pacific Screw Closures Market Outlook, By Other Material Types (2022-2030) ($MN)
73 Asia Pacific Screw Closures Market Outlook, By Diameter (2022-2030) ($MN)
74 Asia Pacific Screw Closures Market Outlook, By 18 mm - 33 mm (2022-2030) ($MN)
75 Asia Pacific Screw Closures Market Outlook, By 36 mm - 53 mm (2022-2030) ($MN)
76 Asia Pacific Screw Closures Market Outlook, By 63 mm - 100 mm (2022-2030) ($MN)
77 Asia Pacific Screw Closures Market Outlook, By Above 100 mm (2022-2030) ($MN)
78 Asia Pacific Screw Closures Market Outlook, By Neck Finish (2022-2030) ($MN)
79 Asia Pacific Screw Closures Market Outlook, By 400 (1 Thread Turn) (2022-2030) ($MN)
80 Asia Pacific Screw Closures Market Outlook, By 410 (1.5 Thread Turn) (2022-2030) ($MN)
81 Asia Pacific Screw Closures Market Outlook, By 415 (2 Thread Turn) (2022-2030) ($MN)
82 Asia Pacific Screw Closures Market Outlook, By Other Neck Finishes (2022-2030) ($MN)
83 Asia Pacific Screw Closures Market Outlook, By End User (2022-2030) ($MN)
84 Asia Pacific Screw Closures Market Outlook, By Cosmetics & Personal Care (2022-2030) ($MN)
85 Asia Pacific Screw Closures Market Outlook, By Food & Beverages (2022-2030) ($MN)
86 Asia Pacific Screw Closures Market Outlook, By Household (2022-2030) ($MN)
87 Asia Pacific Screw Closures Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
88 Asia Pacific Screw Closures Market Outlook, By Other End Users (2022-2030) ($MN)
89 South America Screw Closures Market Outlook, By Country (2022-2030) ($MN)
90 South America Screw Closures Market Outlook, By Material Type (2022-2030) ($MN)
91 South America Screw Closures Market Outlook, By Metal (2022-2030) ($MN)
92 South America Screw Closures Market Outlook, By Polypropylene (2022-2030) ($MN)
93 South America Screw Closures Market Outlook, By Thermoset (2022-2030) ($MN)
94 South America Screw Closures Market Outlook, By Other Material Types (2022-2030) ($MN)
95 South America Screw Closures Market Outlook, By Diameter (2022-2030) ($MN)
96 South America Screw Closures Market Outlook, By 18 mm - 33 mm (2022-2030) ($MN)
97 South America Screw Closures Market Outlook, By 36 mm - 53 mm (2022-2030) ($MN)
98 South America Screw Closures Market Outlook, By 63 mm - 100 mm (2022-2030) ($MN)
99 South America Screw Closures Market Outlook, By Above 100 mm (2022-2030) ($MN)
100 South America Screw Closures Market Outlook, By Neck Finish (2022-2030) ($MN)
101 South America Screw Closures Market Outlook, By 400 (1 Thread Turn) (2022-2030) ($MN)
102 South America Screw Closures Market Outlook, By 410 (1.5 Thread Turn) (2022-2030) ($MN)
103 South America Screw Closures Market Outlook, By 415 (2 Thread Turn) (2022-2030) ($MN)
104 South America Screw Closures Market Outlook, By Other Neck Finishes (2022-2030) ($MN)
105 South America Screw Closures Market Outlook, By End User (2022-2030) ($MN)
106 South America Screw Closures Market Outlook, By Cosmetics & Personal Care (2022-2030) ($MN)
107 South America Screw Closures Market Outlook, By Food & Beverages (2022-2030) ($MN)
108 South America Screw Closures Market Outlook, By Household (2022-2030) ($MN)
109 South America Screw Closures Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
110 South America Screw Closures Market Outlook, By Other End Users (2022-2030) ($MN)
111 Middle East & Africa Screw Closures Market Outlook, By Country (2022-2030) ($MN)
112 Middle East & Africa Screw Closures Market Outlook, By Material Type (2022-2030) ($MN)
113 Middle East & Africa Screw Closures Market Outlook, By Metal (2022-2030) ($MN)
114 Middle East & Africa Screw Closures Market Outlook, By Polypropylene (2022-2030) ($MN)
115 Middle East & Africa Screw Closures Market Outlook, By Thermoset (2022-2030) ($MN)
116 Middle East & Africa Screw Closures Market Outlook, By Other Material Types (2022-2030) ($MN)
117 Middle East & Africa Screw Closures Market Outlook, By Diameter (2022-2030) ($MN)
118 Middle East & Africa Screw Closures Market Outlook, By 18 mm - 33 mm (2022-2030) ($MN)
119 Middle East & Africa Screw Closures Market Outlook, By 36 mm - 53 mm (2022-2030) ($MN)
120 Middle East & Africa Screw Closures Market Outlook, By 63 mm - 100 mm (2022-2030) ($MN)
121 Middle East & Africa Screw Closures Market Outlook, By Above 100 mm (2022-2030) ($MN)
122 Middle East & Africa Screw Closures Market Outlook, By Neck Finish (2022-2030) ($MN)
123 Middle East & Africa Screw Closures Market Outlook, By 400 (1 Thread Turn) (2022-2030) ($MN)
124 Middle East & Africa Screw Closures Market Outlook, By 410 (1.5 Thread Turn) (2022-2030) ($MN)
125 Middle East & Africa Screw Closures Market Outlook, By 415 (2 Thread Turn) (2022-2030) ($MN)
126 Middle East & Africa Screw Closures Market Outlook, By Other Neck Finishes (2022-2030) ($MN)
127 Middle East & Africa Screw Closures Market Outlook, By End User (2022-2030) ($MN)
128 Middle East & Africa Screw Closures Market Outlook, By Cosmetics & Personal Care (2022-2030) ($MN)
129 Middle East & Africa Screw Closures Market Outlook, By Food & Beverages (2022-2030) ($MN)
130 Middle East & Africa Screw Closures Market Outlook, By Household (2022-2030) ($MN)
131 Middle East & Africa Screw Closures Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
132 Middle East & Africa Screw Closures Market Outlook, By Other End Users (2022-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
