Description
Caps and Closures Market Research Report- Forecast till 2027
Market Scenario
The global caps & closures market size is expected to exhibit a healthy CAGR of 4.7% during the review period to surpass an approximate value of USD 91,718.9 million by the end of 2027.
Caps and closures have a few applications in the food and drinks industry, mostly because of their simplicity of use, transportation, and decreased expenses, the capacity to protect flavor, nourishment, and surface over the long haul. Caps and closures help in expanding the timeframe of realistic usability of items alongside reinforcing brand character.
The worldwide caps and closures market is expected to observe high development during the figure time frame inferable from the developing bundling industry across the globe. The Demand for caps and closures is relied upon to be driven by the proceeded development of keen urban communities across topographies and other uber development projects, especially in creating economies.
Additionally, the expanding utilization of bundling is driving the development of the caps and closures market. Rising interest for filtered water and more modest bundling sizes from the end-client enterprises like food, refreshment, and medical care, and rising worries toward item quality and wellbeing are factors further developing caps and conclusion market development.
Market Segmentation
The worldwide market for the caps and closures market has been sectioned dependent on the type, material sort, end-use industry, and area. Based on type, the worldwide caps and conclusion market is portioned into plastic caps and closures, roll-on balls, and others. Based on material type, the global caps & closure market is categorized into plastic, metal, and others.
An increase in demand for bottled water, need for convenience, concerns about product safety & security, product differentiation & branding, and decreasing package sizes are driving the market for plastic caps & closures.
Based on the end-use industry, the global caps & closure market is classified into food, beverages, packaged water bottles, pharmaceutical, cosmetics, automotive, and others. The beverages segment is further segmented into alcoholic beverages and non-alcoholic beverages
Market Segmentation
Geographically, the caps and closures market is segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
China is expected to be the biggest market for caps and closures, owing to the adjustment of its financial design from creation-based to utilization-based, and factors like ascent in extra cash and maximum usage of handled and bundled food and drink things.
The expanding trade from these nations is prompting the development of the caps and closure market. Europe has consistently assumed a critical part in the advancement and improvement of individual consideration, cleanliness, and excellence items and bundling.
Expanded interest for purchaser amicable items that are lightweight and effectively movable, developing spotlight on manageability, the expanded requirement for the broadened timeframe of realistic usability, and rising cleanliness principles are the significant drivers of the caps and closures market.
Major Players
Major industry participants in the caps and closures industry include Crown Holdings; Amcor plc; Closure Systems International; Ball Corp.; Silgan Holding, Inc.; Berry Global, Inc.; AptarGroup, Inc.; BERICAP; Nippon Closures Co. Ltd.; Sonoco Products Company
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market.
Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Related Reports: Global Plastic Caps and Closures Market Research Report – Forecast till 2023
Table of Contents
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
1.1 GLOBAL CAPS & CLOSURES MARKET, BY TYPE
1.2 GLOBAL CAPS & CLOSURES MARKET, BY MATERIAL TYPE
1.3 GLOBAL CAPS & CLOSURES MARKET, BY END-USE INDUSTRY
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 GROWING DEMAND FROM THE FOOD & BEVERAGE INDUSTRY
4.2.2 INNOVATION IN PACKAGING
4.2.3 DRIVERS IMPACT ANALYSIS
4.3 RESTRAINTS
4.3.1 FLUCTUATION IN RAW MATERIAL PRICES
4.3.2 STRINGENT REGULATIONS REGARDING THE USE OF PLASTIC AND RECYCLED MATERIALS
4.3.3 RESTRAINTS IMPACT ANALYSIS
4.4 OPPORTUNITY
4.4.1 SCOPE IN DEVELOPING COUNTRIES
4.5 COVID-19 IMPACT ANALYSIS
4.5.1 ECONOMIC IMPACT
4.5.1.1 IMPACT ON THE OVERALL PACKAGING INDUSTRY
4.5.2 IMPACT ON CAPS & CLOSURES PACKAGING
4.5.2.1 IMPACT ON SUPPLY CHAIN
4.5.2.1.1 PRICE VARIATION OF KEY RAW MATERIALS
4.5.2.1.2 CASH FLOW CONSTRAINTS
4.5.2.1.3 IMPACT ON IMPORT/EXPORT
4.5.3 IMPACT ON MARKET DEMAND
4.5.3.1 CONSUMER SENTIMENTS
5 MARKET FACTOR ANALYSIS
5.1 SUPPLY CHAIN ANALYSIS
5.1.1 RAW MATERIAL SUPPLY
5.1.2 MANUFACTURE
5.1.3 DISTRIBUTION
5.1.4 END USE
5.2 PORTER’S FIVE FORCES MODEL
5.2.1 THREAT OF NEW ENTRANTS
5.2.2 BARGAINING POWER OF SUPPLIERS
5.2.3 THREAT OF SUBSTITUTES
5.2.4 BARGAINING POWER OF BUYERS
5.2.5 INTENSITY OF RIVALRY
6 GLOBAL CAPS & CLOSURE MARKET, BY TYPE
6.1 OVERVIEW
6.2 PLASTIC CAPS & CLOSURE
6.2.1 SCREW CAPS
6.2.2 DISPENSING CAPS
6.2.2.1 FLIP-TOP CLOSURES
6.2.2.2 DISC-TOP CLOSURES
6.2.2.3 TRIGGER CLOSURES
6.2.3 LIQUID CARTON CLOSURES
6.2.4 PLASTIC LOTION PUMPS
6.2.5 PLASTIC AEROSOL SPRAYS
6.2.6 OTHERS
6.2.6.1 CHILD-RESISTANT CLOSURES (CRC)
6.2.6.2 TAMPER-EVIDENT CLOSURES
6.2.6.3 OVERCAPS
6.3 ROLL ON BALLS
6.4 OTHER CAPS & CLOSURES
6.4.1 CORKS
6.4.2 GLASS STOPPERS
6.4.3 RUBBER & ELASTOMER STOPPERS
6.4.4 OTHERS
7 GLOBAL CAPS & CLOSURE MARKET, BY MATERIAL TYPE
7.1 OVERVIEW
7.2 PLASTIC
7.2.1 POLYETHYLENE
7.2.2 POLYPROPYLENE
7.2.3 PVC
7.2.4 OTHER PLASTIC FILMS
7.3 METAL
7.3.1 ALUMINUM
7.3.2 STAINLESS STEEL
7.4 OTHERS
7.4.1 RUBBER & ELASTOMERS
7.4.2 PAPERBOARD
7.4.3 WOOD
7.4.4 GLASS
7.4.5 PAPER
8 GLOBAL CAPS & CLOSURE MARKET, BY END-USE INDUSTRY
8.1 OVERVIEW
8.2 FOOD
8.3 BEVERAGES
8.3.1 ALCOHOLIC BEVERAGE
8.3.2 NON-ALCOHOLIC BEVERAGE
8.4 PACKAGED WATER BOTTLES
8.5 PHARMACEUTICAL
8.6 COSMETICS
8.7 AUTOMOTIVE
8.8 OTHERS
9 GLOBAL CAPS & CLOSURE MARKET, BY REGION
9.1 OVERVIEW
9.1.1 GLOBAL CAPS & CLOSURE MARKET, BY REGION, 2018–2027
9.2 ASIA-PACIFIC
9.2.1 ASIA-PACIFIC: CAPS & CLOSURE MARKET, BY COUNTRY, 2018–2027
9.2.2 CHINA
9.2.3 INDIA
9.2.4 JAPAN
9.2.5 REST OF ASIA-PACIFIC
9.3 NORTH AMERICA
9.3.1 NORTH AMERICA: CAPS & CLOSURE MARKET, BY COUNTRY, 2018–2027
9.3.2 US
9.3.3 CANADA
9.3.4 MEXICO
9.4 EUROPE
9.4.1 EUROPE: CAPS & CLOSURE MARKET, BY COUNTRY, 2018–2027
9.4.2 GERMANY
9.4.3 UK
9.4.4 FRANCE
9.4.5 ITALY
9.4.6 REST OF EUROPE
9.5 MIDDLE EAST & AFRICA
9.5.1 SOUTH AMERICA
10 COMPETITIVE LANDSCAPE
10.1 COMPETITIVE OVERVIEW
10.2 COMPETITIVE BENCHMARKING
10.3 MARKET SHARE ANALYSIS
10.4 KEY DEVELOPMENTS AND GROWTH STRATEGIES
10.4.1 PRODUCT LAUNCH
10.4.2 ACQUISITION
10.4.3 PARTNERSHIP
11 COMPANY PROFILES
11.1 APTAR GROUP INC.
11.1.1 COMPANY OVERVIEW
11.1.2 FINANCIAL OVERVIEW
11.1.3 PRODUCTS OFFERED
11.1.4 KEY DEVELOPMENTS
11.1.5 SWOT ANALYSIS
11.1.6 KEY STRATEGIES
11.2 BERRY PLASTICS CORPORATION
11.2.1 COMPANY OVERVIEW
11.2.2 FINANCIAL OVERVIEW
11.2.3 PRODUCTS OFFERED
11.2.4 KEY DEVELOPMENTS
11.2.5 SWOT ANALYSIS
11.2.6 KEY STRATEGIES
11.3 CROWN HOLDINGS INC.
11.3.1 COMPANY OVERVIEW
11.3.2 FINANCIAL OVERVIEW
11.3.3 PRODUCTS OFFERED
11.3.4 KEY DEVELOPMENTS
11.3.5 SWOT ANALYSIS
11.3.6 KEY STRATEGIES
11.4 AMCOR LIMITED
11.4.1 COMPANY OVERVIEW
11.4.2 FINANCIAL OVERVIEW
11.4.3 PRODUCTS OFFERED
11.4.4 KEY DEVELOPMENTS
11.4.5 SWOT ANALYSIS
11.4.6 KEY STRATEGIES
11.5 SILGAN HOLDINGS INC.
11.5.1 COMPANY OVERVIEW
11.5.2 FINANCIAL OVERVIEW
11.5.3 PRODUCTS OFFERED
11.5.4 KEY DEVELOPMENTS
11.5.5 SWOT ANALYSIS
11.5.6 KEY STRATEGIES
11.6 GUALA CLOSURES GROUP
11.6.1 COMPANY OVERVIEW
11.6.2 FINANCIAL OVERVIEW
11.6.3 PRODUCTS OFFERED
11.6.4 KEY DEVELOPMENTS
11.6.5 SWOT ANALYSIS
11.6.6 KEY STRATEGIES
11.7 BERICAP
11.7.1 COMPANY OVERVIEW
11.7.2 FINANCIAL OVERVIEW
11.7.3 PRODUCTS OFFERED
11.7.4 KEY DEVELOPMENTS
11.7.5 SWOT ANALYSIS
11.7.6 KEY STRATEGIES
11.8 UNITED CAPS
11.8.1 COMPANY OVERVIEW
11.8.2 FINANCIAL OVERVIEW
11.8.3 PRODUCTS OFFERED
11.8.4 KEY DEVELOPMENTS
11.8.5 SWOT ANALYSIS
11.8.6 KEY STRATEGIES
11.9 DUPLAS AL SHARQ L.L.C.
11.9.1 COMPANY OVERVIEW
11.9.2 FINANCIAL OVERVIEW
11.9.3 PRODUCTS OFFERED
11.9.4 KEY DEVELOPMENTS
11.9.5 SWOT ANALYSIS
11.9.6 KEY STRATEGIES
11.10 ENPI GROUP
11.10.1 COMPANY OVERVIEW
11.10.2 FINANCIAL OVERVIEW
11.10.3 PRODUCTS OFFERED
11.10.4 KEY DEVELOPMENTS
11.10.5 SWOT ANALYSIS
11.10.6 KEY STRATEGIES
11.11 NAMPAK LTD.
11.11.1 COMPANY OVERVIEW
11.11.2 FINANCIAL OVERVIEW
11.11.3 PRODUCTS OFFERED
11.11.4 KEY DEVELOPMENTS
11.11.5 SWOT ANALYSIS
11.11.6 KEY STRATEGIES
11.12 IBOYA PACKAGING CO. LTD.
11.12.1 COMPANY OVERVIEW
11.12.2 FINANCIAL OVERVIEW
11.12.3 PRODUCTS OFFERED
11.12.4 KEY DEVELOPMENTS
11.12.5 SWOT ANALYSIS
11.12.6 KEY STRATEGIES
11.13 REYNOLDS GROUP HOLDINGS LIMITED
11.13.1 COMPANY OVERVIEW
11.13.2 FINANCIAL OVERVIEW
11.13.3 PRODUCTS OFFERED
11.13.4 KEY DEVELOPMENTS
11.13.5 SWOT ANALYSIS
11.13.6 KEY STRATEGIES
11.14 BALL CORPORATION
11.14.1 COMPANY OVERVIEW
11.14.2 FINANCIAL OVERVIEW
11.14.3 PRODUCTS OFFERED
11.14.4 KEY DEVELOPMENTS
11.14.5 SWOT ANALYSIS
11.14.6 KEY STRATEGIES
11.15 KAJ SP. Z O.O.
11.15.1 COMPANY OVERVIEW
11.15.2 FINANCIAL OVERVIEW
11.15.3 PRODUCTS OFFERED
11.15.4 KEY DEVELOPMENTS
11.15.5 SWOT ANALYSIS
11.15.6 KEY STRATEGIES
11.16 O.BERK COMPANY, LLC
11.16.1 COMPANY OVERVIEW
11.16.2 FINANCIAL OVERVIEW
11.16.3 PRODUCTS OFFERED
11.16.4 KEY DEVELOPMENTS
11.16.5 SWOT ANALYSIS
11.16.6 KEY STRATEGIES
11.17 GERRESHEIMER AG
11.17.1 COMPANY OVERVIEW
11.17.2 FINANCIAL OVERVIEW
11.17.3 PRODUCTS OFFERED
11.17.4 KEY DEVELOPMENTS
11.17.5 SWOT ANALYSIS
11.17.6 KEY STRATEGIES