Transparency Market Research has published a new report, titled “Snip Tips Caps Market – Global Industry Analysis, Size, Share, Trends, Growth, and Forecast 2017 – 2025.”According to the report, snip tip caps are in demand on account of the ease they provide of dispensing a product without any spillage. Snip tip caps prevent spillage by providing a direction of flow for fluids or content in tubes and bottles. With snip tip caps, there is no microbial entry as it blocks the path for any microbes and bacteria thereby acting as an antiseptic solution which prevents hampering of the product. On account of all these factors, snip tips caps are extensively used for non viscous fluids. These caps also provide an easy-to-open feature furthering their demand over closure. Their availability in different diameters and sizes will make them useful for various applications.
The demand for these is especially high from the food and beverage sector, for sauces, syrups, and others. The market is greatly boosted by the rising trend of convenience food on account of the busy lifestyles of consumers. The applications of snip tip caps is not limited to the food and beverage sector alone, they are extensively in demand from the automotive industry for different automotive oils. They are also used for cosmetics and personal care products that make use of tubes and bottles. In the pharmaceutical sector, snip tip caps are used for nasal sprays, eye ointment, ear ointment, and others. It is anticipated that within the next few years slip tip caps will be used in new application areas within the medical industry.
On the basis of geography, snip tip caps will be used extensively in North America as this region relies heavily on packed food products. The demand for snip tip caps will also be high in Asia Pacific within the automotive sector.