Caps and Closures Market Growth, Competitive Dynamics, Global Size, Outlook and Forecast To 2023

Caps and Closures Market Synopsis

Globally, Caps and Closures Market Growth is increasing due to health care and food & beverages. Better availability of resins and machinery are boosting the growth of the market in-addition caps and closures are utilized to improve the product life. Plastic caps and closures are expected to grow at faster rate than metal caps and closures.

Thus, extending the shelf life of the product. In this report by Market Research Future (MRFR), it has been revealed that the global Caps and Closures Market Growth is supposed to expand at 5.2% CAGR over the prognosis period 2017 to 2023. The valuation of the global market is estimated to reach USD 65.12 Bn by the close of the forecast period.

Segmentation

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

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

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

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.)

Guala Closures Group (Italy)

Reynolds Group Holdings Limited (New Zealand)

Silgan Holdings Inc. (U.S.), and BERICAP GmbH Co. & KG (Germany)