Caps and Closures Market Share, Overview, Challenges, Opportunities, Trends and Analysis By 2023

Summary

Global Caps and Closures Market Share, information By Material (Plastic, Metal, and others), By Type (Caps, Closures, Corks, Stoppers, Cans, and others), By End-User (Food & Beverage, Pharmaceutical, Cosmetics, Automotive and Others) And Region - Forecast 2023

Synopsis

Packaging industry has been witnessing a change in regulations. The rising concerns regarding the recyclability of plastic have changed the trends in the industry. Material innovation is the new trend that is projected to catapult the Caps and Closures Market Share, on upward trajectory.

Competitive Dashboard

Rexam PLC (U.K)

AptarGroup Inc. (U.S.)

Berry Plastics Corporation (U.S.)

RPC Group Plc. (U.K.)

Amcor Limited (Australia)

Crown Holdings Inc. (U.S.)

Segmentation

On the basis of material, the Caps and Closures Market Share has been segmented into plastic, metal, and others.

Based on type, the Caps and Closures Market Share, has been segmented into caps, closures, corks, stoppers, cans, and others.

On the basis of End-User, the Caps and Closures Market Share, has been segmented into food & beverage, pharmaceutical, cosmetics, automotive and others.

Regional Analysis

This report on the global Caps and Closures Market Share, by MRFR includes a regional assessment that covers the following segments - Europe, Asia Pacific, North America, and the Rest of the World (Row). These regional segments are also analyzed on the level of countries for providing an impactful intelligence. Asia Pacific, among these regions, is expected to lead the global market. Rising hygiene concerns and rise in standard of living have led to a shift from unpackaged to packaged food products. It is supposed to drive the growth of the Caps and Closures Market Share, in the region. Increasing growth rate of the end-user industries is also projected to catalyze expansion of the regional market in the nearby future. Moreover, the growth of the pharmaceutical industry is also poised to influence the regional market favorably.

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