| Product Code: ETC6905165 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Cyprus is seeing a notable increase in snap-on closures import shipments, with key exporting countries including Greece, Bulgaria, Italy, Metropolitan France, and China. The market concentration, as measured by the HHI, has decreased from moderate to low in 2024, indicating a more competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 7.97%, with a particularly strong growth rate of 18.18% from 2023 to 2024. This suggests a growing demand for snap-on closures in Cyprus and a diversification of import sources, which could present opportunities for market expansion and innovation.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Snap-on Closures Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Snap-on Closures Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Snap-on Closures Market - Industry Life Cycle |
3.4 Cyprus Snap-on Closures Market - Porter's Five Forces |
3.5 Cyprus Snap-on Closures Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Snap-on Closures Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Cyprus Snap-on Closures Market Revenues & Volume Share, By Closure Type, 2021 & 2031F |
3.8 Cyprus Snap-on Closures Market Revenues & Volume Share, By Diameter, 2021 & 2031F |
3.9 Cyprus Snap-on Closures Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Cyprus Snap-on Closures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenient packaging solutions |
4.2.2 Growing emphasis on sustainability and recyclability |
4.2.3 Rise in the use of snap-on closures in various industries such as food and beverage, pharmaceuticals, and personal care |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in snap-on closures production |
4.3.2 Regulatory challenges related to material sourcing and recycling |
4.3.3 Competition from alternative closure solutions such as screw caps and dispensing closures |
5 Cyprus Snap-on Closures Market Trends |
6 Cyprus Snap-on Closures Market, By Types |
6.1 Cyprus Snap-on Closures Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Snap-on Closures Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cyprus Snap-on Closures Market Revenues & Volume, By Bottles, 2021- 2031F |
6.1.4 Cyprus Snap-on Closures Market Revenues & Volume, By Tubes, 2021- 2031F |
6.1.5 Cyprus Snap-on Closures Market Revenues & Volume, By Jars, 2021- 2031F |
6.1.6 Cyprus Snap-on Closures Market Revenues & Volume, By Vials, 2021- 2031F |
6.1.7 Cyprus Snap-on Closures Market Revenues & Volume, By Can & Containers, 2021- 2031F |
6.2 Cyprus Snap-on Closures Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Snap-on Closures Market Revenues & Volume, By Polyethylene terephthalate (PET), 2021- 2031F |
6.2.3 Cyprus Snap-on Closures Market Revenues & Volume, By Polyvinyl chloride (PVC), 2021- 2031F |
6.2.4 Cyprus Snap-on Closures Market Revenues & Volume, By High-density polyethylene (HDPE)), 2021- 2031F |
6.3 Cyprus Snap-on Closures Market, By Closure Type |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Snap-on Closures Market Revenues & Volume, By Flip Top, 2021- 2031F |
6.3.3 Cyprus Snap-on Closures Market Revenues & Volume, By Bottle Stopper, 2021- 2031F |
6.3.4 Cyprus Snap-on Closures Market Revenues & Volume, By Twist off Cap, 2021- 2031F |
6.4 Cyprus Snap-on Closures Market, By Diameter |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Snap-on Closures Market Revenues & Volume, By Up to 24 mm, 2021- 2031F |
6.4.3 Cyprus Snap-on Closures Market Revenues & Volume, By 24-34 mm, 2021- 2031F |
6.4.4 Cyprus Snap-on Closures Market Revenues & Volume, By 34-44 mm, 2021- 2031F |
6.4.5 Cyprus Snap-on Closures Market Revenues & Volume, By Above 44 mm, 2021- 2031F |
6.5 Cyprus Snap-on Closures Market, By End-User |
6.5.1 Overview and Analysis |
6.5.2 Cyprus Snap-on Closures Market Revenues & Volume, By Liquid soap, 2021- 2031F |
6.5.3 Cyprus Snap-on Closures Market Revenues & Volume, By Oil products, 2021- 2031F |
6.5.4 Cyprus Snap-on Closures Market Revenues & Volume, By Liquid soap, 2021- 2031F |
6.5.5 Cyprus Snap-on Closures Market Revenues & Volume, By Shampoo, 2021- 2031F |
6.5.6 Cyprus Snap-on Closures Market Revenues & Volume, By Lotion and Cream, 2021- 2031F |
7 Cyprus Snap-on Closures Market Import-Export Trade Statistics |
7.1 Cyprus Snap-on Closures Market Export to Major Countries |
7.2 Cyprus Snap-on Closures Market Imports from Major Countries |
8 Cyprus Snap-on Closures Market Key Performance Indicators |
8.1 Percentage of snap-on closures made from recycled materials |
8.2 Number of new product developments or innovations in snap-on closures |
8.3 Customer satisfaction ratings for snap-on closures in terms of ease of use and reliability |
9 Cyprus Snap-on Closures Market - Opportunity Assessment |
9.1 Cyprus Snap-on Closures Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Snap-on Closures Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Cyprus Snap-on Closures Market Opportunity Assessment, By Closure Type, 2021 & 2031F |
9.4 Cyprus Snap-on Closures Market Opportunity Assessment, By Diameter, 2021 & 2031F |
9.5 Cyprus Snap-on Closures Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Cyprus Snap-on Closures Market - Competitive Landscape |
10.1 Cyprus Snap-on Closures Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Snap-on Closures Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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