BANGALORE, India , Oct. 7, 2024 /PRNewswire/ — Aluminium Screw Caps Market is Segmented by Type (< 20 mm, 21-40 mm, 41-60 mm, 61-80 mm, 81-100 mm), by Application (Alcoholic Beverages, Non-Alcoholic Beverages, Medicine, Pesticide, Veterinary Medicine): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The Global Aluminium Screw Caps Market was valued at USD 1097 Million in 2023 and is anticipated to reach USD 1448.3 Million by 2030, witnessing a CAGR of 4.1% during the forecast period 2024-2030.

Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-33C7983/Global_Aluminium_Screw_Caps_Market

Major Factors Driving the Growth of Aluminium Screw Caps Market:

The Aluminium Screw Caps Market is experiencing significant growth due to increasing demand in industries such as beverages, pharmaceuticals, and cosmetics. Aluminum screw caps are favored for their durability, tamper-evident properties, and recyclability, making them an eco-friendly packaging solution. The rise in premium alcoholic beverages, growing consumption of bottled products, and the expanding pharmaceutical industry are major drivers. In addition, the trend toward sustainable packaging and the convenience of resealable aluminium caps further bolster the market’s expansion, particularly in regions like Europe, North America, and the Asia-Pacific.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-33C7983/global-aluminium-screw-caps

TRENDS INFLUENCING THE GROWTH OF THE ALUMINIUM SCREW CAPS MARKET:

Aluminium screw caps in the 21-40 mm size range are widely used in various industries, especially for medium-sized bottles and containers. These caps offer enhanced sealing properties and tamper-evident features, making them ideal for packaging products like wine, spirits, and non-carbonated beverages. Their versatility and compatibility with different bottle types have led to increased demand. Additionally, manufacturers are focusing on recyclable and eco-friendly packaging materials, which further boost the demand for aluminium screw caps in this size category.

Aluminium screw caps with a size of less than 20 mm are primarily used in pharmaceutical, cosmetic, and small beverage bottles. Their compact size and high durability make them ideal for secure packaging of liquids and gels. As the pharmaceutical and cosmetics industries continue to grow, driven by increasing consumer demand and rising healthcare needs, the need for reliable and tamper-evident packaging solutions such as aluminium screw caps has surged, contributing to the market’s overall expansion.

The alcoholic beverages sector is a key driver of the aluminium screw caps market. With the rise in premium alcohol consumption and the preference for eco-friendly and convenient packaging solutions, aluminium screw caps have gained popularity over traditional corks and plastic caps. These caps provide excellent sealing, ensuring the freshness and quality of the beverage, while also offering easy resealability. The increasing global demand for wine, spirits, and other alcoholic drinks is propelling the growth of the aluminium screw caps market.

Advertisement

Aluminium screw caps are gaining popularity due to their recyclability and alignment with the growing trend toward sustainable packaging. As consumers and industries become more environmentally conscious, the demand for eco-friendly packaging solutions has increased. Aluminium is a highly recyclable material, and manufacturers are leveraging this attribute to market screw caps as a sustainable alternative to plastic closures. This shift toward sustainability is driving the growth of the aluminium screw caps market, as industries seek to reduce their environmental impact.

The wine and spirits industry has traditionally used corks for sealing bottles, but aluminium screw caps are becoming a preferred choice due to their convenience, reusability, and ability to preserve the quality of beverages. Unlike corks, screw caps prevent oxidation and spoilage, making them ideal for wines meant to be consumed within a short period. The growing global consumption of wine and spirits, particularly in emerging markets, is fueling the demand for aluminium screw caps, contributing to the market’s expansion.

The pharmaceutical industry’s need for tamper-evident and secure packaging solutions is a major driver for the aluminium screw caps market. Aluminium caps offer superior sealing and are widely used in packaging medicines, liquid syrups, and other pharmaceutical products. With the global pharmaceutical industry expected to witness strong growth due to rising healthcare demands and the increasing prevalence of chronic diseases, the demand for secure and reliable packaging solutions like aluminium screw caps is set to rise.

Own It Today – Buy Now! https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-33C7983&lic=single-user

ALUMINIUM SCREW CAPS MARKET SHARE:

The Aluminium Screw Caps Market shows notable regional variations in demand, driven by industry presence and consumer preferences. In Europe, the market is strong due to the well-established wine and spirits industry, along with a growing focus on sustainable and recyclable packaging. North America follows closely, with high demand in the alcoholic beverages and pharmaceutical sectors.

Asia-Pacific is witnessing rapid growth, particularly in emerging economies like China and India, due to expanding beverage, pharmaceutical, and cosmetic industries.

Key Companies:

• Closure Systems International (CSI)
• RMD Group
• Guala Closure Group
• Herti
• Unifol Ltd.
• Pirlo Group
• MALA Closure Systems
• Tecnocap
• Berry Global
• Amcor Limited
• Hon Chuan Group
• Shining Aluminium Packaging
• Daye Guoguan Bottle Caps Manufacturing
• Canzhou Xingchem Glass Product
• Elemental Container Inc
• Shandong Lipeng

Purchase Chapters: https://reports.valuates.com/request/chaptercost/QYRE-Auto-33C7983/Global_Aluminium_Screw_Caps_Market_Insights_Forecast_to_2028

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

Advertisement

DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–  Aluminum Bottle Caps Market
–  Aluminum Caps & Closures market was valued at USD 6058.4 Million in 2023 and is anticipated to reach USD 7741.4 Million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
–  Food and Beverage Metal Caps Market
–  Wine Screw Cap Closures Market
–  Blister Packaging Market
–  Blister Pack Feeders market was valued at USD 362 Million in 2023 and is anticipated to reach USD 617.5 Million by 2030, witnessing a CAGR of 7.7% during the forecast period 2024-2030.
–  Pharmaceutical Blister Packaging Market revenue was USD 16980 Million in 2022 and is forecast to a readjusted size of USD 26880 Million by 2029 with a CAGR of 6.7% during the forecast period (2023-2029).

DISCOVER OUR VISION: VISIT ABOUT US!

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

YOUR FEEDBACK MATTERS: REACH OUT TO US!

Valuates Reports
[email protected]
For U.S. Toll-Free Call 1-(315)-215-3225
WhatsApp: +91-9945648335

Website: https://reports.valuates.com
Blog: https://valuatestrends.blogspot.com/
Pinterest: https://in.pinterest.com/valuatesreports/
Twitter: https://twitter.com/valuatesreports
Facebook: https://www.facebook.com/valuatesreports/
YouTube: https://www.youtube.com/@valuatesreports6753 

https://www.facebook.com/valuateskorean
https://www.facebook.com/valuatesspanish
https://www.facebook.com/valuatesjapanese
https://valuatesreportspanish.blogspot.com/
https://valuateskorean.blogspot.com/
https://valuatesgerman.blogspot.com/
https://valuatesreportjapanese.blogspot.com/ 

Advertisement

Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/aluminium-screw-caps-market-size-to-grow-usd-1448-3-million-by-2030-at-a-cagr-of-4-1–valuates-reports-302268960.html

Risk management, quick and easy implementation and the ability to deal with large-volume transactions listed as Trintech’s key strengths

DALLAS, Oct. 7, 2024 /PRNewswire/ — Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, has been positioned in the Leaders Category of the IDC MarketScape: Worldwide Office of the CFO Record to Report 2024 Vendor Assessment (doc #US52037924, September 2024). 

“As the financial landscape becomes increasingly complex, the Record to Report (R2R) process remains a cornerstone for CFOs in delivering accurate and timely financial data,” said Heather Herbst, Research Director of IDC Worldwide Office of the CFO. “Organizations that prioritize an end-to-end solution for R2R, integrating automation and advanced analytics, will not only streamline compliance but also empower CFOs with real-time insights to drive strategic decision-making. Trintech’s commitment to delivering comprehensive solutions positions them as a critical partner in optimizing these processes.”

Trintech’s key strengths within the IDC MarketScape assessment include:

• Risk management: Trintech offers flagging risks throughout the financial transactions.
• Quick and easy implementation: Customers of Trintech stated implementation was easy and quick.
• Ability to deal with large-volume transactions: Trintech can handle a large volume of transactions through automation, being more appealing to retail, hospitality, insurance and financial institution industries.

“At Trintech, we understand that time is a precious resource, especially in the fast-paced work of finance,” said Darren Heffernan, CEO of Trintech. “Our purpose is to give people time back by delivering cloud-based solutions that transform financial operations for organizations of all sizes through advanced automation and AI capabilities. We are committed to reducing manual interventions and the burnout associated with lengthy close cycles, creating a more flexible and sustainable work environment for accountants. In a time where talent retention is crucial, Trintech’s innovative solutions are paving the way for a future where finance teams can thrive.”

Trintech’s purpose-built reconciliation and financial close solutions continue to help organizations of all sizes and across multiple industries make time count:

• “The largest benefit experienced has been significant time savings. Our bank reconciliation process went from 4-5 hours to 10 minutes with Trintech.” – Proshop
• “Today, we auto-match 15,000 accounts which has saved us a total of 500 hours per month.” – Serco
• “We have saved 30 staff hours per day and reduced our close process by at least 2 days by automating with Trintech.” – Utah Community Credit Union

Download an excerpt of the 2024 IDC MarketScape for Office of the CFO Record to Report assessment here.

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.  

About Trintech

Trintech gives people time back for what matters most. Our cloud–based platform and solutions enable thousands of clients worldwide to lead productivity transformation across their finance and accounting organizations — driving efficiencies, ensuring accuracy to mitigate risk, and empowering strategic decision-making. Make time count with Trintech.

As the leader in Financial Close Management, Trintech is headquartered in Plano, Texas with offices and strategic resellers across United States, Europe, Australia, South America, Africa, and Asia Pacific. With a strong partner ecosystem, Trintech collaborates with over 100 companies to create a network of interconnected businesses. To learn more about Trintech, visit www.trintech.com.

Advertisement

Media Contact:
Kelli Shoevlin
Director, Global Corporate Marketing & Communications
[email protected]

Logo – https://mma.prnewswire.com/media/2161503/Trintech_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/trintech-recognized-as-a-leader-in-2024-idc-marketscape-worldwide-office-of-the-cfo-record-to-report-vendor-assessment-302268034.html

LONDON, Oct. 7, 2024 /PRNewswire/ — H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $65 billion of capital under management, is pleased to announce that one of its affiliates has acquired a controlling interest in PolarDC Group Limited (“Polar” or the “Company”).

Polar develops, owns, and operates data center infrastructure targeting high-performance computing (“HPC”) applications. The Company’s first data center in Norway will provide up to 48MW of capacity once fully operational, and will be powered using 100% renewable, hydroelectric power. It will offer its customers best-in-class Power Usage Effectiveness, given the naturally colder Norwegian climate and modular design architecture. 100% of its initial capacity has already been presold.

The Company is actively developing several other data center projects across Europe. The Polar management team has extensive experience in developing and operating data center infrastructure, and H.I.G.’s investment will enable the Company to deliver its near-term pipeline. The Company will continue to benefit from the knowledge and expertise of its early-stage investors LIAN Group, who will retain a minority stake in the Company going forward.

Andy Hayes, CEO at Polar, said, “We are delighted to partner with H.I.G. to develop our pipeline of projects. H.I.G.’s investment in the Company, combined with its track record of supporting high-growth, early-stage companies, will allow Polar to benefit from the rapid development of artificial intelligence.”

Andrew Liau, Co-Head of H.I.G. Infrastructure, said, “We are extremely excited by this transaction as data center infrastructure is becoming an increasingly critical enabler of the next wave of digital transformation. We look forward to working with Polar’s highly respected management team and our co-investor, LIAN Group, by bringing H.I.G.’s extensive capabilities and relationships to support the Company’s growth.”

Fiorenzo Manganiello, Co-Founder of LIAN Group, added, “Polar’s future-proofed infrastructure will deliver truly innovative solutions as connectivity, power, and cooling demands grow among the world’s leading cloud computing providers.”

About Polar

Polar is a European owner and operator of HPC data center facilities. Its data centers are designed to facilitate the use of High-Performance Computing for Artificial Intelligence workloads. The company provides a full service offer from design through initial implementation and ongoing operations and prioritizes sustainability by relying on 100% renewable energy sources coupled with attractive PUE metrics. Polar’s design philosophy is modular to facilitate flexible scale with minimum business disruption. For more information, please visit polardc.com.

About LIAN Group

LIAN Group is an investment firm building and funding successful companies in the most impactful industries, while collaborating closely with accomplished entrepreneurial leaders. LIAN Group focuses on opportunities in the Healthcare, Digital Assets, and Infrastructure sectors. For more information, please visit liangroup.io.

Advertisement

About H.I.G. Capital

H.I.G. is a leading global alternative investment firm with $65 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, and San Francisco in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/value-added approach:

• H.I.G.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
• H.I.G.’s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance.
• H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
• H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at hig.com.

*Based on total capital raised by H.I.G. Capital and affiliates.

Contact:

Andrew Liau
Managing Director
[email protected]

Michael Pothitos
Principal
[email protected] 

H.I.G. Capital
10 Grosvenor Street
2nd Floor
London W1K 4QB
United Kingdom
+44 (0) 207 318 5700
hig.com

Logo – https://mma.prnewswire.com/media/2524016/HIG_Europe_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/hig-infrastructure-acquires-controlling-interest-in-data-center-operator-polar-302268309.html