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Caps & Closures Market 2021 Global Industry Size, Share, Price, Trend and Forecast to 2026


iCrowdNewswire   Feb 18, 2021  5:00 AM ET

Caps & Closures Industry

Description

Wiseguyreports.Com Adds “Caps & Closures -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2026” To Its Research Database

Global Caps & Closures Market is accounted for $52.23 billion in 2017 and is expected to reach $96.98 billion by 2026 growing at a CAGR of 7.1% during the forecast period. Factors such as increased consumption of processed foods & beverages, innovation in packaging, increasing demand from the end-user industries are some of the factors which pushed the market towards growth. However, Caps & Closures has various restraints that hinder the market growth such as fluctuating raw material prices and stringent regulations on packaging material waste and recycling, as well as growing demand for the substitutes such as blister.

Caps and closures are plastic packaging on top of bottles, jars, tubes, cans, and so on. Caps and closures are of different types such as screw top, crown cap, snap on, friction fit, tamper evident, and dispersing. Caps and closures find a broad range of application in numerous industries such as beverages, cosmetics, chemicals, and pharmaceuticals. The material used to manufacture caps and closures must possess excellent balance of stiffness and toughness along with good chemical resistance. Generally, caps and closures of lightweight and high toughness are preferred in the market.

By raw material, plastic segment is witnessing major market share due to the shift in container mix generally favoring plastic over metal and glass. Plastic containers and closures offer a number of advantages, including lighter weight, reduced losses due to breakage, and a wider range of design options and metal screw caps continue to grow in the wine market.

Based on end user, beverage segment is witnessing largest growth because of the increasing consumption of beverages and innovative packaging solutions are expected to drive the market. The shifting demand of consumers from carbonated soft drinks to bottled drinks is expected to fuel the demand for caps and closures in this segment. The urbanized population is shifting toward healthy and safe packaged food and emerging economies such as India, China, and Brazil have changed their buying patterns by purchasing more packaged foods owing to the increasing disposable incomes.

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On the basis of geography, Asia Pacific is considered as the fastest growing market with majority of its demand impending from packaging applications. Asia Pacific is expected to grow at the fastest rate owing to increasing investments and growing end user industries for caps & closures market.

Some of the key players in caps & closures market include RPC Group, Crown Holdings, Amcor, Rexam , Silgan Holdings, Berry Global, AptarGroup Inc., Guala Closures Group, BERICAP GmbH Co. & KG, Blackhawk Molding Co Inc, Ball Corporation , Pact Group Holdings, Global Closure Systems, Reynolds Group Holdings Limited, Oricon Enterprises Ltd., Pact Group Holdings, Agropur Coopérative and Closure Systems International. 

Types Covered: 
• Metal Caps & Closures 
• Plastic Caps & Closures 
• Other Caps & Closures

Raw Materials Covered: 
• Metal 
• Plastic 
• Other Raw Materials

End Users Covered: 
• Healthcare 
• Cosmetic & Toiletry 
• Food 
• Automotive 
• Pharmaceutical 
• Beverage 
• Other End Users

Regions Covered: 
• North America 
o US 
o Canada 
o Mexico 
• Europe 
o Germany 
o France 
o Italy 
o UK 
o Spain 
o Rest of Europe 
• Asia Pacific 
o Japan 
o China 
o India 
o Australia 
o New Zealand 
o Rest of Asia Pacific 
• South America 
o Argentina 
o Brazil 
o Chile 
o Rest of South America 
• Middle East & Africa 
o Saudi Arabia 
o UAE 
o Qatar 
o South Africa 
o Rest of Middle East & Africa

What our report offers: 
– Market share assessments for the regional and country level segments 
– Market share analysis of the top industry players 
– Strategic recommendations for the new entrants 
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets 
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) 
– Strategic recommendations in key business segments based on the market estimations 
– Competitive landscaping mapping the key common trends 
– Company profiling with detailed strategies, financials, and recent developments 
– Supply chain trends mapping the latest technological advancements.

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Table of Content

1 Executive Summary 

2 Preface 
2.1 Abstract 
2.2 Stake Holders 
2.3 Research Scope 
2.4 Research Methodology 
2.4.1 Data Mining 
2.4.2 Data Analysis 
2.4.3 Data Validation 
2.4.4 Research Approach 
2.5 Research Sources 
2.5.1 Primary Research Sources 
2.5.2 Secondary Research Sources 
2.5.3 Assumptions 

3 Market Trend Analysis 
3.1 Introduction 
3.2 Drivers 
3.3 Restraints 
3.4 Opportunities 
3.5 Threats 
3.6 End User Analysis 
3.7 Emerging Markets 
3.8 Futuristic Market Scenario 

9 Key Developments 
9.1 Agreements, Partnerships, Collaborations and Joint Ventures 
9.2 Acquisitions & Mergers 
9.3 New Product Launch 
9.4 Expansions 
9.5 Other Key Strategies 

10 Company Profiling 
10.1 RPC Group 
10.2 Crown Holdings 
10.3 Amcor 
10.4 Rexam 
10.5 Silgan Holdings 
10.6 Berry Global 
10.7 AptarGroup Inc. 
10.8 Guala Closures Group 
10.9 BERICAP GmbH Co. & KG 
10.10 Blackhawk Molding Co Inc 
10.11 Ball Corporation 
10.12 Pact Group Holdings 
10.13 Global Closure Systems, 
10.14 Reynolds Group Holdings Limited 
10.15 Oricon Enterprises Ltd. 
10.16 Pact Group Holdings 
10.17 Agropur Coopérative 
10.18 Closure Systems International 

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Continued…

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About the Author :

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.



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