Global ring pull caps market expected to reach around USD 392 million by 2025, at a CAGR of 5.1% between 2019 and 2025. Ring pull caps are a specially designed type of bottle caps that do not require any external tool to detach them from the specific bottle.
The report covers a forecast and an analysis of the global ring pull caps market on a global and regional level. The study provides historical information from 2016 to 2018 along with a forecast from 2019 to 2025 based on both volume (K Units) and revenue (USD Million). The study covers the key drivers and restraints of the global ring pull caps market and their market impact within the forecast period. Furthermore, the study also includes the analysis of opportunities accessible in the global ring pull caps market on a global level.
In order to offer the users of this report, a comprehensive read view of the global ring pull caps market, we have included a detailed value chain analysis. To understand the competitive landscape within the market, an analysis of Porter’s Five Forces model for global ring pull caps market has additionally been included within the study. The study includes a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study also includes the market share of the key participant’s operating in the global ring pull caps market across the globe. Moreover, the report covers the strategic development in the market along with acquisitions & mergers, agreements partnerships, collaborations, and joint ventures, and regional growth of key players within the market on a global basis.
The study provides a crucial view of the ring pull caps market by segmenting it based on material type, diameter size, end-user, and region. The regional segment includes North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.
Some major players of the global ring pull caps market are Finn-KorkkiOy, The TNN Development, Fuzhou SKT, Jiangsu Changjiang Lids, Pelliconi & C, Nippon Closures, World Bottling Cap, and Taiwan Hon Chuan.
This report segments the global ring pull caps market into:
Global Ring Pull Caps Market: Material Type Analysis
Global Ring Pull Caps Market: Diameter Size Analysis
Global Ring Pull Caps Market: End-User Analysis
Global Ring Pull Caps Market: Regional Analysis
List of Figures
1. Global Ring Pull Caps Market Segmentation by Material Type, Diameter Size, End-User, and Region
2. Global Ring Pull Caps Market, 2016–2025 (K Units) (USD Million)
3. Value Chain Analysis
4. Porter’s Five Forces Analysis
5. Market Attractiveness Analysis by Material Type
6. Market Attractiveness Analysis by Diameter Size
7. Market Attractiveness Analysis by End-User
8. Market Attractiveness Analysis by Region
9. Global Ring Pull Caps Market: Company Market Share, 2018
10. Global Ring Pull Caps Market Share, by Material Type, 2018 and 2025
11. Global Ring Pull Caps Market, by Aluminum, 2016–2025 (K Units) (USD Million)
12. Global Ring Pull Caps Market, by Steel, 2016–2025 (K Units) (USD Million)
13. Global Ring Pull Caps Market Share, by Diameter Size, 2018 and 2025
14. Global Ring Pull Caps Market, by 26 mm, 2016–2025 (K Units) (USD Million)
15. Global Ring Pull Caps Market, by Others, 2016–2025 (K Units) (USD Million)
16. Global Ring Pull Caps Market Share, by End-User, 2018 and 2025
17. Global Ring Pull Caps Market by Beer, 2016–2025 (K Units) (USD Million)
18. Global Ring Pull Caps Market by Soft Drinks, 2016–2025 (K Units) (USD Million)
19. Global Ring Pull Caps Market by Others, 2016–2025 (K Units) (USD Million)
20. Global Ring Pull Caps Market Share, by Region, 2018 and 2025
21. North America Ring Pull Caps Market, 2016–2025 (K Units) (USD Million)
22. Europe Ring Pull Caps Market,2016–2025 (K Units) (USD Million)
23. Asia Pacific Ring Pull Caps Market, 2016–2025 (K Units) (USD Million)
24. Latin America Ring Pull Caps Market, 2016–2025 (K Units) (USD Million)
25. The Middle East and Africa Ring Pull Caps Market, 2016–2025 (K Units) (USD Million)
List of Tables
1. Global Ring Pull CapsMarket: Snapshot
2. Drivers of the Ring Pull CapsMarket: Impact Analysis
3. Restraints of the Ring Pull CapsMarket: Impact Analysis
4. North America Ring Pull Caps Market Volume, by Material Type, 2016–2025 (K Units)
5. North America Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
6. North America Ring Pull Caps Market Volume, by Diameter Size, 2016–2025 (K Units)
7. North America Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
8. North America Ring Pull Caps Market Volume, by End-User, 2016–2025 (K Units)
9. North America Ring Pull Caps Market Revenue, by End-User, 2016–2025 (USD Million)
10. The U.S. Ring Pull Caps Market Volume, by Material Type, 2016–2025 (K Units)
11. The U.S. Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
12. The U.S. Ring Pull Caps Market Volume, by Diameter Size, 2016–2025 (K Units)
13. The U.S. Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
14. The U.S. Ring Pull Caps Market Volume, by End-User, 2016–2025 (K Units)
15. The U.S. Ring Pull Caps Market Revenue, by End-User, 2016–2025 (USD Million)
16. Canada Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
17. Canada Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
18. Canada Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
19. Canada Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
20. Canada Ring Pull Caps Market Volume, by End-User, 2016–2025 (K Units)
21. Canada Ring Pull Caps Market Revenue, by End-User, 2016–2025 (USD Million)
22. Europe Ring Pull Caps Market Volume, by Material Type, 2016–2025 (K Units)
23. Europe Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
24. Europe Ring Pull Caps Market Volume, by Diameter Size, 2016–2025 (K Units)
25. Europe Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
26. Europe Ring Pull Caps Market Volume, by End-User, 2016–2025 (K Units)
27. Europe Ring Pull Caps Market Revenue, by End-User, 2016–2025 (USD Million)
28. UK Ring Pull Caps Market Volume, by Material Type, 2016–2025 (K Units)
29. UK Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
30. UK Ring Pull Caps Market Volume, by Diameter Size, 2016–2025 (K Units)
31. UK Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
32. UK Ring Pull Caps Market Volume, by End-User, 2016–2025 (K Units)
33. UK Ring Pull Caps Market Revenue, by End-User, 2016–2025 (USD Million)
34. France Ring Pull Caps Market Volume, by Material Type, 2016–2025 (K Units)
35. France Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
36. France Ring Pull Caps Market Volume, by Diameter Size, 2016–2025 (K Units)
37. France Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
38. France Ring Pull Caps Market Volume, by End-User, 2016–2025 (K Units)
39. France Ring Pull Caps Market Revenue, by End-User, 2016–2025 (USD Million)
40. Germany Ring Pull Caps Market Volume, by Material Type, 2016–2025 (K Units)
41. Germany Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
42. Germany Ring Pull Caps Market Volume, by Diameter Size, 2016–2025 (K Units)
43. Germany Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
44. Germany Ring Pull Caps Market Volume, by End-User, 2016–2025(K Units)
45. Rest of Europe Ring Pull Caps Market Volume, by Material Type, 2016–2025 (K Units)
46. Rest of Europe Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
47. Rest of Europe Ring Pull Caps Market Volume, by Diameter Size, 2016–2025 (K Units)
48. Rest of Europe Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
49. Rest of Europe Ring Pull Caps Market Volume, by End-User, 2016–2025 (K Units)
50. Rest of Europe Ring Pull Caps Market Revenue, by End-User, 2016–2025 (USD Million)
51. Asia Pacific Ring Pull Caps Market Volume, by Material Type, 2016–2025 (K Units)
52. Asia Pacific Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
53. Asia Pacific Ring Pull Caps Market Volume, by Diameter Size, 2016–2025 (K Units)
54. Asia Pacific Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
55. Asia Pacific Ring Pull Caps Market Volume, by End-User, 2016–2025 (K Units)
56. Asia Pacific Ring Pull Caps Market Revenue, by End-User, 2016–2025 (USD Million)
57. China Ring Pull Caps Market Volume, by Material Type, 2016–2025 (K Units)
58. China Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
59. China Ring Pull Caps Market Volume, by Diameter Size, 2016–2025 (K Units)
60. China Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
61. China Ring Pull Caps Market Volume, by End-User, 2016–2025 (K Units)
62. China Ring Pull Caps Market Revenue, by End-User, 2016–2025 (USD Million)
63. Japan Ring Pull Caps Market Volume, by Material Type, 2016–2025 (K Units)
64. Japan Ring Pull Caps Market Revenue, by Material Type, 2016 - 2025 ((USD Million)
65. Japan Ring Pull Caps Market Volume, by Diameter Size, 2016–2025 (K Units)
66. Japan Ring Pull Caps Market Revenue, by Diameter Size, 2016 - 2025 ((USD Million)
67. Japan Ring Pull Caps Market Volume, by End-User, 2016–2025 (K Units)
68. Japan Ring Pull Caps Market Revenue, by End-User, 2016–2025 (USD Million)
69. India Ring Pull Caps Market Volume, by Material Type, 2016–2025 (K Units)
70. India Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
71. India Ring Pull Caps Market Volume, by Diameter Size, 2016–2025 (K Units)
72. India Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
73. India Ring Pull Caps Market Volume, by End-User, 2016–2025 (K Units)
74. India Ring Pull Caps Market Revenue, by End-User, 2016–2025 (USD Million)
75. Rest of Asia Pacific Ring Pull Caps Market Volume, by Material Type, 2016–2025 (K Units)
76. Rest of Asia Pacific Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
77. Rest of Asia Pacific Ring Pull Caps Market Volume, by Diameter Size, 2016–2025 (K Units)
78. Rest of Asia Pacific Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
79. Rest of Asia Pacific Ring Pull Caps Market Volume, by End-User, 2016–2025 (K Units)
80. Rest of Asia Pacific Ring Pull Caps Market Revenue, by End-User, 2016–2025 (USD Million)
81. Latin America Ring Pull Caps Market Volume, by Material Type, 2016–2025 (K Units)
82. Latin America Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
83. Latin America Ring Pull Caps Market Volume, by Diameter Size, 2016–2025 (K Units)
84. Latin America Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
85. Latin America Ring Pull Caps Market Volume, by End-User, 2016–2025 (K Units)
86. Latin America Ring Pull Caps Market Revenue, by End-User, 2016–2025 (USD Million)
87. Brazil Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (K Units)
88. Brazil Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
89. Brazil Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (K Units)
90. Brazil Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
91. Brazil Ring Pull Caps Market Volume, by End-User, 2016–2025 (K Units)
92. Brazil Ring Pull Caps Market Revenue, by End-User, 2016–2025 (USD Million)
93. Rest of Latin America Ring Pull Caps Market Volume, by Material Type, 2016–2025 (K Units)
94. Rest of Latin America Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
95. Rest of Latin America Ring Pull Caps Market Volume, by Diameter Size, 2016–2025 (K Units)
96. Rest of Latin America Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
97. Rest of Latin America Ring Pull Caps Market Volume, by End-User, 2016–2025 (K Units)
98. Rest of Latin America Ring Pull Caps Market Revenue, by End-User, 2016–2025 (USD Million)
99. The Middle East and Africa Ring Pull Caps Market Volume, by Material Type, 2016–2025 (K Units)
100. The Middle East and Africa Ring Pull Caps Market Revenue, by Material Type, 2016–2025 (USD Million)
101. The Middle East and Africa Ring Pull Caps Market Volume, by Diameter Size, 2016–2025 (K Units)
102. The Middle East and Africa Ring Pull Caps Market Revenue, by Diameter Size, 2016–2025 (USD Million)
Ring pull caps are a specially designed type of bottle caps that do not require any external tool to detach them from the specific bottle. Ring pull caps are mostly used in beers, soft drinks, and fruit juices. Ring pull caps are equipped with an exclusive ring component that is pulled to open the bottles. This aids in ease and convenience while opening a bottle as compared to conventional bottle caps. Furthermore, ring pull caps deliver the supplementary benefit of oxygen scavenger lines for beer bottles. This additional benefit enables bottle caps to sustain excessive pressure from the drinks in the bottles and preserve the quality of beer. Ring pull caps are also preferred due to the aesthetic value they provide to the bottles.
The most important growth driver of the global ring pull caps market is the convenience and ease provided by ring pull caps. Opening a bottle manually involves a high level of risk. Furthermore, ring pull caps manifest supplementary benefit of high pressure bearing against both carbonated and non-carbonated drinks. Ring pull caps are exclusively used for glass bottles and the biggest market for ring pull cap is the beer industry, which is replacing the use of glass bottles with polyethylene terephthalate (PET) bottles. PET bottles deliver valuable advantages over traditional glass bottles. This may prove to be a major market restraint along with the high production cost, rising demand for well-advanced machines, and advanced skills required for manufacturing ring pull caps. More importantly, lacquered aluminum sheet, the latest trend in the material used for ring pull caps is a lucrative opportunity for the global ring pull caps market growth. Furthermore, steep rise in beer production, a major end-user of ring pull caps, in Asia Pacific region is expected to open new growth avenues for the ring pull caps market players.
The global ring pull caps market is fragmented on the basis of material type, diameter size, and end-user. On the basis of material type, the ring pull caps market includes aluminum and steel. The aluminum segment holds a higher market share than steel due to its lower cost, lightweight, and superior barrier properties. Additionally, steel ring pull caps are expected to exhibit a higher CAGR over the forecast time period, due to the new trend of tin-free steel caps that incur lesser production cost. By diameter size, the ring pull caps market is categorized into 26 mm and others. The 26 mm sized caps are mostly used for bottles. On the basis of end-user industry, the market is segmented into beer, soft drinks and others including juice, wine, etc. The beer industry held a market share of around 75% in 2018. The beer industry is expected to further continue its leadership with the highest CAGR over the projected time period.
The Asia Pacific and Latin American regions are projected to experience substantial growth in the market for ring pull caps globally over the forthcoming years. This can be attributed to the steep rise in the beer production in these regions.
Some major players of the global ring pull caps market are Finn-KorkkiOy, The TNN Development, Fuzhou SKT, Jiangsu Changjiang Lids, Pelliconi & C, Nippon Closures, World Bottling Cap, and Taiwan Hon Chuan.
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