Caps and Closure Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-432 | Report Format : | Status : Upcoming |

Abstract

Global Caps and Closure Market: Overview

Cap and closures are small devices used to seal containers or bottles. They latch containers and prevent them from leaking internal material. Caps and closures have become an integral constituent of packaging. It builds attractive appearance and brand diversification in the product. Caps and closures enhance the product life and preserves products. Beverages and paint industries are heavily used caps and closures at large extent to entice customers and elevate the revenue. For instance, PROCAP Company introduced a lightweight closure for edible oils, vinegar, and sauces. It is the lightest and cost-efficient closure.

Global Caps and Closure Market: Growth Factors

Owing to rising application in cosmetics and home care products, use of caps and closures is expected to augment global market growth. In addition, rising demand in the pharmaceutical industry may positively impact the global market in the near future. Furthermore, people preferring innovative product packaging may anticipate the global market growth. Growing demand for childcare products in the international market is expected to boost the market in the near future. In addition, plastic closures performance is high as compared to other products; this is projected to propel the caps and closures market growth in future. Increasing environmental concerns and recycle of the waste products is the biggest challenge before market. Strict government regulation over carcinogenicity of plastics may hinder the market growth in the near future.

Global Caps and Closure Market: Segmentation

Caps and closure market are segmented on the basis materials as steel, aluminum, tin-plated, plastic, and others. Of which, plastic is heavily preferred material segment globally. Based on the application, the global market is categorized as food and beverages, pharmaceuticals, dyes and paint, cosmetic, and others. The pharmaceutical industry is the dominating application segment in the global market owing to rising concerns for high-quality products. The beverage is another end-user industry after pharmaceutical for aesthetically appealing and attractive packaging.

Global Caps and Closure Market: Regional Analysis

Asia Pacific is the leading segment worldwide owing to higher demand for caps and closure market. Other regions such as China and India are emerging as lucrative markets. Further, growing demand for canned food and beverages positively impact the caps and closure market in Asia Pacific. In addition, people with greater financial stability and improved living standards may augment the demand in future. Furthermore, adoption of e-commerce technology, people willing to spend on packaged products and convenient foods, and increasing consumption of alcoholic beverages in Asia Pacific are anticipated to boost the global cap and closure market.

Global Caps and Closure Market: Competitive Players

Some of the key players in the global cap and closure market include Closure Systems International, Holdings, Pact Group Holdings, Plastics Corporation, Crown Holdings, Jabil Packaging Solutions, AptarGroup Inc., Zip-Pak, Berry Plastics Corp., and others.

Global Caps and Closure Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Synthetic Rope Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1130 | Report Format:

Global Synthetic Rope Market: Overview Ropes are strands, yarns, plies, and steel which are twisted together to form a bundle which can help you drag or lift objects. The ropes are made of synthetic or natural materials. The synthetic materials such as polyester, nylon, polypropylene, and others...Read More

Cold Storage Construction Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1114 | Report Format:

Global Cold Storage Construction Market: Overview Cold storage is a technique mainly used for the preservation of the perishable products and making it durable for a longer time. In the cold storage equipment, a range of coolers and freezers are provided in order to maintain a temperature-contro...Read More

Terminal Automation System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1094 | Report Format:

Global Terminal Automation System Market: Overview The terminal automation system is also known as TAS. Terminal automation system offers control, monitoring, and management of the whole product handling method from receiving to storage and from storage to distribution. It has many applications ...Read More

Busbar Trunking Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1091 | Report Format:

Global Busbar Trunking Market: Overview A busbar trunking system can be defined as a prefabricated distribution system that is electrical and consists of an enclosure that is protective, has straight lengths, fittings, accessories, elbows and devices. The accessories act as common voltage point ...Read More

Tile Adhesives & Stone Adhesives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1051 | Report Format:

Global Tile Adhesives Stone Adhesives Market: Overview Tile is a single manufactured piece made of hard materials such as stone, metal, ceramic or even glass. They are mainly used for covering the roofs, walls, floors and showers. Adhesives can be interchangeably known as glue, mucilage, cement...Read More

Choose License Type:
Latest Published Reports

View All Published Reports