Future Market Insights has announced the addition of the “ Slide Top Tins Market: Global Industry Analysis 2012 - 2016 and Opportunity Assessment; 2017 - 2027" report to their offering.
Valley Cottage, NY -- (SBWIRE) -- 01/03/2018 -- Slide Top Tins Market: Introduction
Slide top tins are also known as slide cover tins. These small tin boxes are manufactured with an inner lip, which securely holds the sliding top lid. This structure helps the user to easily open & close the container. Slide top tins also offer convenient storage solution for medium and smaller items. Slide top tins market players are highly concentrated by small scale metal work or metal manufacturing companies located in Asia Pacific (APAC) especially in China & Japan. Tin is a lightweight material which offers very good printability. Due to their attractiveness and lightweight features, slide top tins are gaining popularity to store special products such as tobacco, condiments & ointments, pins & cloth buttons, pharmaceutical drugs, confectionaries and other products. These are also presented as gifts. Increasing disposable income levels, growing middle class population and changing lifestyle is significantly driving the global slide top tins market. Overall the global Slide top tins market is expected to grow at a lucrative compound annual growth rate (CAGR), during the forecast period.
Slide Top Tins: Market Dynamics
Slide top tins are used in packaging of tobacco and tobacco products such as medicine marijuana and roll papers. These containers are also used to store wedding sweets & confectionary, ointments, cream perfumes and spices. In recent few years, slide top tins end-use applications are steadily growing. Competitive products such as small plastic containers, glass containers and cardboard boxes are restraining the growth of slide top tins market. Growing intolerance towards plastic is favouring the growth in demand for slide top tins, which are reusable and 100% recyclable. Their lightweight makes them easy to carry while travelling. The slide top tins are also used to store special items like old coins, stamps & piece of jewellery for longer periods securely. This trend is highly visible in Asian countries. Storing cigarettes in slide top tins is a rising trend in North America & Western European countries. Slide top tins helps in improving shelf-life & shelf-appeal of the products. Price competition between slide top tins & its substitute products is hampering the demand growth of slide top tins.
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Slide Top Tins: Market Segmentation
The global slide top tins market is segmented on the basis of container weight (case of 500 pieces) and end-use. On the basis of container weight (case of 500 pieces), the global slide top tins market is segmented into 14 to 20 lb, 21 to 30 lb, 31 to 40 lb. and above 40 lb. On the basis of end use, the global slide top tins market is segmented into confectionery, tobacco & tobacco products, pharmaceuticals, cream perfumes, condiments & ointments, spices & others. Confectionery and tobacco & tobacco products together is expected to dominate the overall slide top tins market.
Slide Top Tins Market: Regional outlook
Slide top tins market has been segmented on the basis of region into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. Slide top tins market in Asia Pacific is expected to dominate the overall global market, where China & India play a vital role in driving the region's growth. North America is expected to stand at second position by market share, followed by Western Europe.
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Slide Top Tins Market: Key players
Some of the players in the global slide top tins market are Allstate Can Corporation, TinWerks Packaging Co., Tin King USA., Qingyuan Max Tin Cans Manufacturing Co.,Ltd., Yum Tin(Manufactory) Co., Dongguan Tinpak Co., Ltd., The Box, Independent Can Company., Dongguan City Xin Yu Tin Can Manufactory Co.,Ltd, Tin-Pac Promotional Packaging and others.