The crown cork, the first form of bottle cap, was invented by William Painter in 1892 in Baltimore.
Market Analysis and Insights: Global Crown Corks Market
Due to the COVID-19 pandemic, the global Crown Corks market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Tin-Free accounting for % of the Crown Corks global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Glass Bottles segment is altered to an % CAGR throughout this forecast period.
China Crown Corks market size is valued at US$ million in 2021, while the US and Europe Crown Corks are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Crown Corks landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Crown Corks include Astir Vitogiannis, Avon Crown Caps and Containers, AMD Industries Limited, Continental Crowns and Closures, Crown Holdings, Finn-Korkki, Manaksia Industry, Nippon Closures and Pelliconi, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Crown Corks Scope and Segment
Crown Corks market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Crown Corks market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Tin-Free
Tin-Plated
Segment by Application
Glass Bottles
Aluminum Bottles
By Company
Astir Vitogiannis
Avon Crown Caps and Containers
AMD Industries Limited
Continental Crowns and Closures
Crown Holdings
Finn-Korkki
Manaksia Industry
Nippon Closures
Pelliconi
Samhwa Crown and Closure
TOKK
Viscose Closures
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E