Caps and Closures Market is Anticipated to Surpass USD 62.4 Billion By 2026
The global Caps and Closures Market Size is anticipated to around USD 62.4 billion by 2026, this market is anticipated to grow with 5.4% CAGR during the forecast time period.
The Asia Pacific dominated the global caps and closures market in the year 2018. Different huge purposes behind the predominance of Asia Pacific are the majority of its demand impending from packaging applications. The Asia Pacific is expected to grow at the fastest rate due to increasing investments and growing user industries for the market. North America and Europe are expected to exhibit a moderate growth rate because of market saturation. Developing countries in Africa and Latin America are expected to witness a high rate over the forecast period.
Countries like Brazil and Argentina have untapped potential and are expected to offer huge opportunities to market participants. Hygiene consciousness, a shift in preference from unpackaged to packaged food items; use of closures on common container varieties are a number of factors that fueling the market growth. With the booming packaging industry worldwide, the global market for caps and closures is expected to grow. The demand for packaged products has been increasing in the Asia- Pacific region, majorly because of changing fashion and therefore the rise in getting power. This will lead to an increased demand for plastic caps and closures, therefore fueling the market growth.
The augmented use of caps and closures in the pharmaceutical and beauty care products is projected to offer growth opportunities to the market in the European region. The market is probably going to experience growth in Latin American, driven by Brazil over the period of review. The food and beverage sector together with beauty care products will spearhead the growth of the caps and closures market in the region.
North America is expected to register the highest CAGR during the forecast period. Consumers are becoming more health-conscious, and therefore the demand for the healthy beverages is on the increase along with raising personal incomes have made bottled water a more accessible convenience for the people and is boosting factor for the growth of caps and closures market. Food products stored in bottles are being protected through various kinds of airtight plastic closures. Metal caps or closures are used for the storage of food products, like grains, typically stored in glass containers. The United States are the second-largest food market across the world, and it is expected to account for a significantly high share of the caps and closures market.
Free Download Sample Report Pages for Better Understanding@ https://www.acumenresearchandconsulting.com/request-sample/1701
Caps and Closures Market (By Material: Plastic, Metal, Others; By Type: Caps, Closures, Corks, Stoppers, Cans, Others; By End User: Food & Beverage, Pharmaceutical, Cosmetics, Automotive) - Global Industry Analysis, Market Size, Opportunities andForecast, 2019 - 2026
Plastic has dominated the material segment in the year 2018 and the segment is projected to maintain its dominance over the forecast period. Caps & Closures can be used in many ways to enhance the durability of various components and product. The major raw materials used in the manufacturing of caps and closures are plastic and metal. Caps and closures use a distinct sort of materials to construct appropriate product packaging, like plastic, rubber, and paperboard. Plastic is chemically resistant, cheap and light-weight with a good range of physical and optical properties. In fact, several plastics are heat sealable, easy to print and can be integrated into production processes where the package is formed, filled, and sealed in the same production line.
The end user segment of the market includes food and beverage, pharmaceutical, cosmetics and personal care, consumer goods, and others. Food and Beverage segment dominated the market in 2018 and is predicted to witness a gradual growth over the forecast amount, due to the growing variety of food and beverage companies in each developed and developing countries. The demand for packaged food and pharmaceutical drugs has been increasing at a healthy rate and as an impact of this, the caps and closures market is also expected to record a rise in demand during the forecast period.
Some of the key manufacturing companies include in the global caps and closures markets are Global Closure Systems, Silgan Holdings, Reynolds Group Holdings, Crown Holdings, Berry Plastics Corporation, Berlin Packaging, Guala Closures Group, Manaksia Ltd. and Alpha Holdings GmbH.
Some of the key observations regarding global caps and closures industry include:
- February 2019 - Aptar launched a dispensing closure made of post-consumer recycled resin. In Europe, the company is using 50% of recycled PC in the manufacturing of dispensing closure, ensuring the global transition to a circular economy and a sustainable future.
- Dispensing and Smart Closures: Many pharma firms have incorporated dispensing closures or smart features into their packaging. Techniques, such as NFC, Bluetooth, etc., are being used by firms to communicate dosage and promotional information to consumers. As such closures command a much higher price than conventional ones, the cost of packaging is expected to increase in the pharma industry.
Market Segmentation
Market By Material
- Plastic
- Metal
- Others
Market By Type
- Caps
- Closures
- Corks
- Stoppers
- Cans
- Others
Market By End User
- Food & Beverage
- Pharmaceutical
- Cosmetics
- Automotive
Market By Geography
North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Key Questions Answered in the Report
The report addresses key questions concerning the market evolution and overarching trends shaping global market growth. Some of the key questions answered in the report include-
- What is the overall structure of the market?
- What was the historical value and what is the forecasted value of the market?
- What are the key product level trends in the market?
- What are the market level trends in the market?
- Which of the market players are leading and what are their key differential strategies to retain their stronghold?
- Which are the most lucrative regions in the market space?
Request for Customization@ https://www.acumenresearchandconsulting.com/request-customization/1701
TABLE OF CONTENT
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Caps and Closures
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Caps and Closures Market By Material
1.2.2.1. Global Caps and Closures Market Revenue and Growth Rate Comparison By Material (2015-2026)
1.2.2.2. Global Caps and Closures Market Revenue Share By Material in 2018
1.2.2.3. Plastic
1.2.2.4. Metal
1.2.2.5. Other
1.2.3. Caps and Closures Market By Type
1.2.3.1. Global Caps and Closures Market Revenue and Growth Rate Comparison By Type (2015-2026)
1.2.3.2. Global Caps and Closures Market Revenue Share By Type in 2018
1.2.3.3. Caps
1.2.3.4. Closures
1.2.3.5. Corks
1.2.3.6. Stoppers
1.2.3.7. Cans
1.2.4. Caps and Closures Market By End-User
1.2.4.1. Global Caps and Closures Market Revenue and Growth Rate Comparison By End-User(2015-2026)
1.2.4.2. Global Caps and Closures Market Revenue Share By End-User in 2018
1.2.4.3. Food & Beverage
1.2.4.4. Pharmaceutical
1.2.4.5. Cosmetics
1.2.4.6. Automotive
1.2.4.7. Others
1.2.5. Caps and Closures Market by Geography
1.2.5.1. Global Caps and Closures Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America Caps and Closures Market Revenue and Growth Rate(2015-2026)
1.2.5.3. Europe Caps and Closures Market Revenue and Growth Rate(2015-2026)
1.2.5.4. Asia-Pacific Caps and Closures Market Revenue and Growth Rate(2015-2026)
1.2.5.5. Latin America Caps and Closures Market Revenue and Growth Rate(2015-2026)
1.2.5.6. Middle East and Africa (MEA) Caps and Closures Market Revenue and Growth Rate(2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING CAPS AND CLOSURES ANALYSIS
3.1. Capacity and Commercial Production Date of Global Caps and Closures Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Caps and Closures Major Manufacturers in 2018
3.3. R&D Status and Material End-User of Global Caps and Closures Major Manufacturers in 2018
3.4. Raw Materials End-Users Analysis of Global Caps and Closures Major Manufacturers in 2018
CHAPTER 4. CAPS AND CLOSURES MARKET BY MATERIAL
4.1. Global Caps and Closures Revenue By Material
4.2. Plastic
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Metal
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Others
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. CAPS AND CLOSURES MARKET BY TYPE
5.1. Global Caps and Closures Revenue By Type
5.2. Caps
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Closures
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Corks
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Stoppers
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Cans
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. CAPS AND CLOSURES MARKET BY END-USER
6.1. Global Caps and Closures Revenue By End-User
6.2. Food & Beverage
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Pharmaceutical
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Cosmetics
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.5. Automotive
6.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.6. Others
6.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. NORTH AMERICA CAPS AND CLOSURES MARKET BY COUNTRY
7.1. North America Caps and Closures Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Caps and Closures Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Caps and Closures Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
CHAPTER 8. EUROPE CAPS AND CLOSURES MARKET BY COUNTRY
8.1. Europe Caps and Closures Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Caps and Closures Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
CHAPTER 9. ASIA-PACIFIC CAPS AND CLOSURES MARKET BY COUNTRY
9.1. Asia-Pacific Caps and Closures Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific Caps and Closures Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
CHAPTER 10. LATIN AMERICA CAPS AND CLOSURES MARKET BY COUNTRY
10.1. Latin America Caps and Closures Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Caps and Closures Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA CAPS AND CLOSURES MARKET BY COUNTRY
11.1. Middle East & Africa Caps and Closures Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East & Africa Caps and Closures Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Global Closure Systems
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Material Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Silgan Holdings
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Material Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Reynolds Group Holdings
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Material Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Crown Holdings
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Material Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Berry Plastics Corporation
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Material Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Berlin Packaging
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Material Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Guala Closures Group
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Material Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Manaksia Ltd.
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Material Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Alpha Holdings GmbH
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Material Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Others
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Material Portfolio
12.10.5. Key Developments
12.10.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
The report is readily available and can be dispatched immediately after payment confirmation.
Buy this premium research report@ https://www.acumenresearchandconsulting.com/buy-now/0/1701
About Acumen Research and Consulting:
Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.
Contact Us:
Phone: +14079154157 | +14089009135
Website: https://www.acumenresearchandconsulting.com