| Product Code: ETC8851112 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continued to see a significant influx of screw closures imports, with top exporters including China, South Korea, India, UAE, and Singapore. Despite high concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the market showed a strong compound annual growth rate (CAGR) of 19.79% from 2020 to 2024. However, a slight decline was observed in the growth rate from 2023 to 2024 at -2.71%. This dynamic market trend highlights the competitive landscape in the screw closures sector and the importance of monitoring changing market conditions for industry players.

The screw closures market in the Philippines is expanding, driven by the rising demand for efficient sealing solutions in food and beverage packaging. Innovations in lightweight and recyclable materials are enhancing product sustainability. However, fluctuating raw material prices and the availability of substitute closure types pose challenges to market growth.
The screw closures market in the Philippines is witnessing growth as demand for reliable packaging solutions increases. The food, beverage, and cosmetics industries are driving the adoption of lightweight and easy-to-use closures. Innovations in smart packaging and child-resistant designs are enhancing functionality. However, material costs and regulatory compliance impact market dynamics.
Screw closures in the Philippines encounter market barriers due to the preference for tamper-evident and resealable packaging options in industries like beverages and pharmaceuticals. The market also faces issues related to fluctuating raw material costs, impacting production and pricing. Additionally, the growing push for sustainable and biodegradable packaging solutions challenges the continued use of traditional screw closures made from plastic and metal.
Screw closures are widely used in food, beverages, and cosmetics packaging. Companies can focus on recyclable materials, lightweight designs, and smart closures with anti-counterfeit features to enhance market competitiveness.
The Bureau of Product Standards (BPS) and the FDA Philippines regulate the screw closures market by enforcing quality control measures for packaging used in food, pharmaceuticals, and consumer goods. Strict labeling and safety guidelines are in place to ensure that screw closures meet industry standards. The government also encourages local manufacturing and investment in sustainable packaging solutions, offering tax incentives for companies adopting environmentally friendly screw closure materials. Additionally, import regulations ensure that foreign screw closures comply with national safety and hygiene standards before entering the market.
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 Philippines Screw Closures Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Screw Closures Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Screw Closures Market - Industry Life Cycle |
3.4 Philippines Screw Closures Market - Porter's Five Forces |
3.5 Philippines Screw Closures Market Revenues & Volume Share, By Diameter, 2021 & 2031F |
3.6 Philippines Screw Closures Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Philippines Screw Closures Market Revenues & Volume Share, By Neck Finish, 2021 & 2031F |
3.8 Philippines Screw Closures Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Philippines Screw Closures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenience packaging solutions in the Philippines. |
4.2.2 Growth in the food and beverage industry, leading to higher usage of screw closures. |
4.2.3 Technological advancements in screw closure manufacturing processes. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs. |
4.3.2 Competition from alternative packaging solutions like spout pouches or other closures. |
4.3.3 Regulatory challenges related to product safety and labeling requirements. |
5 Philippines Screw Closures Market Trends |
6 Philippines Screw Closures Market, By Types |
6.1 Philippines Screw Closures Market, By Diameter |
6.1.1 Overview and Analysis |
6.1.2 Philippines Screw Closures Market Revenues & Volume, By Diameter, 2021- 2031F |
6.1.3 Philippines Screw Closures Market Revenues & Volume, By 18 mm - 33 mm, 2021- 2031F |
6.1.4 Philippines Screw Closures Market Revenues & Volume, By 36 mm - 53 mm, 2021- 2031F |
6.1.5 Philippines Screw Closures Market Revenues & Volume, By 63 mm - 100 mm, 2021- 2031F |
6.1.6 Philippines Screw Closures Market Revenues & Volume, By Above 100 mm, 2021- 2031F |
6.2 Philippines Screw Closures Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Screw Closures Market Revenues & Volume, By LDPE, 2021- 2031F |
6.2.3 Philippines Screw Closures Market Revenues & Volume, By HDPE, 2021- 2031F |
6.2.4 Philippines Screw Closures Market Revenues & Volume, By Polypropylene, 2021- 2031F |
6.2.5 Philippines Screw Closures Market Revenues & Volume, By Metal, 2021- 2031F |
6.2.6 Philippines Screw Closures Market Revenues & Volume, By Thermoset, 2021- 2031F |
6.2.7 Philippines Screw Closures Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines Screw Closures Market, By Neck Finish |
6.3.1 Overview and Analysis |
6.3.2 Philippines Screw Closures Market Revenues & Volume, By 400 (1 Thread Turn), 2021- 2031F |
6.3.3 Philippines Screw Closures Market Revenues & Volume, By 410 (1.5 Thread Turn), 2021- 2031F |
6.3.4 Philippines Screw Closures Market Revenues & Volume, By 415 (2 Thread Turn), 2021- 2031F |
6.3.5 Philippines Screw Closures Market Revenues & Volume, By 425 (2 Thread Turn), 2021- 2031F |
6.3.6 Philippines Screw Closures Market Revenues & Volume, By Above 430 (More than 2 Thread Turn), 2021- 2031F |
6.4 Philippines Screw Closures Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Philippines Screw Closures Market Revenues & Volume, By Beverages, 2021- 2031F |
6.4.3 Philippines Screw Closures Market Revenues & Volume, By Food, 2021- 2031F |
6.4.4 Philippines Screw Closures Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.4.5 Philippines Screw Closures Market Revenues & Volume, By Household, 2021- 2031F |
6.4.6 Philippines Screw Closures Market Revenues & Volume, By Cosmetics & Personal Care, 2021- 2031F |
6.4.7 Philippines Screw Closures Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Screw Closures Market Import-Export Trade Statistics |
7.1 Philippines Screw Closures Market Export to Major Countries |
7.2 Philippines Screw Closures Market Imports from Major Countries |
8 Philippines Screw Closures Market Key Performance Indicators |
8.1 Average production cost per unit of screw closures. |
8.2 Percentage of market share within the packaging industry. |
8.3 Rate of adoption of screw closures by new businesses entering the market. |
8.4 Customer satisfaction scores related to the usability and quality of screw closures. |
8.5 Number of new product developments or innovations in screw closure designs. |
9 Philippines Screw Closures Market - Opportunity Assessment |
9.1 Philippines Screw Closures Market Opportunity Assessment, By Diameter, 2021 & 2031F |
9.2 Philippines Screw Closures Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Philippines Screw Closures Market Opportunity Assessment, By Neck Finish, 2021 & 2031F |
9.4 Philippines Screw Closures Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Philippines Screw Closures Market - Competitive Landscape |
10.1 Philippines Screw Closures Market Revenue Share, By Companies, 2024 |
10.2 Philippines Screw 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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