The primary function of caps and closures is to keep the container closed and the contents contained for the specified shelf life. In addition, it provides a barrier to dirt, moisture, and oxygen and keeps the product secure from undesired premature openingCaps and closures are mainly used in the packaging industry to preserve products to extend their shelf life. Caps and closures industry uses different type of materials to construct suitable product packaging, such as plastics, metals, rubber, and paperboard among others.
Global caps & closures industry is expected to grow over the forecast period on account of high demand from food & beverages and chemical industries. Caps & closures are used for preserving products and extending their life. Thus, global caps & closures market is expected to grow significantly. Increasing caps & closures application in home care products and cosmetics industries is further expected to augment global market growth. Increasing application in pharmaceutical industry is expected to further fuel the global caps & closures market growth. Increasing childcare products demand is expected to have a positive impact global caps & closures market. Plastics caps & closures are expected to grow at a faster rate than metal caps over the forecast period owing to its superior properties and low cost. Within metal caps, tin and aluminum are expected to witness significant growth. Extensive R&D in markets such as paper and rubber are further expected to augment global market growth in the next six years. Increasing concerns regarding biodegradability and carcinogenicity of plastics is expected to hinder the market growth over the forecast period. Stringent regulatory policies by agencies such as U.S. EPA, REACH and European Commission regarding plastics usage are expected to further pose challenges to the market growth.
The global Caps and Closures market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Caps and Closures market based on company, product type, end user and key regions.
This report studies the global market size of Caps and Closures in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Caps and Closures in these regions.
This research report categorizes the global Caps and Closures market by top players/brands, region, type and end user. This report also studies the global Caps and Closures market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Global Closure Systems
Silgan Holdings
Reynolds Group Holdings
Crown Holdings
Berry Plastics Corporation
Berlin Packaging
Guala Closures Group
Manaksia
Market size by Product
Easy-Open Can Ends
Metal Lug Closures
Peel-Off Foils
Plastic Screw Closures
Metal Crowns
Metal Screw Closures
Corks
Plastic Screw Closures
Others
Market size by End User
Beer
Wine
Bottled Water
Carbonated Soft Drinks
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Caps and Closures market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Caps and Closures market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Caps and Closures companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Caps and Closures submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Caps and Closures are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Caps and Closures market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Caps and Closures. Industry analysis & Market Report on Caps and Closures is a syndicated market report, published as Global Caps and Closures Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Caps and Closures market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.