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Global caps and closure market accounted for a market revenue of USD 47 billion in the year 2019 and is projected to grow at a CAGR of more than 5%. Caps and closure are primarily used for the sealing of bottles and containers. It offers a wide variety of benefits, including longevity and versatile applications in many industries. This also provides a physical, flexible and lightweight safety from corrosion and in effect increases product demand. Caps and locks secure the product against unwanted opening and provide a protection against water, oxygen and humidity. It is used mainly in the packaging field for the safety and durability of items.
The primary purpose of the packaged product is to improve the food and beverages 'shelf life, as well as improve the product's capacity to retain the taste, smell and colour. The business landscape is being encouraged by continued development across the whole industry to develop eco-friendly caps and closures by utilizing the recycling process and natural ingredients.
Key Segments Across Caps and Closures Market
Reasons for the study
What does the report include?
Who should buy this report?
This study is suitable for industry participants and stakeholders in the global Caps and Closures. The report will benefit:
The increased demand for fresh water and growing product characteristics impacts the sector's landscape. The continuing production of alternatives in tandem with emerging markets in developing markets has, however, hindered the growth of the industry. Nevertheless, continued research activities, coupled with increased business efforts to create an ecologically sustainable product is projected to improve the development of the business. Furthermore, increasing revenue from the middle class, along with the continuous penetration of goods across developed countries, would complement market perspectives on the timeline.
On the basis of type, the market is segmented into plastic, metal, and others. Plastic caps and closure is projected to dominate the global caps and closure market. On the basis of application, the market is segmented into Food & Beverage, Pharmaceutical, Cosmetics, Automotive, Others.
In terms of region the global Caps and Closures market is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East and Africa. Asia Pacific accounted for a major market revenue share and is projected to show similar trend over the forecast period.
Key players involved in this industry include Global Closure Systems, Silgan Holdings, Reynolds Group Holdings, Crown Holdings, Berry Plastics Corporation, Berlin Packaging, Guala Closures Group, Manaksia Ltd., Alpha Holdings GmbH
Global caps and closure market accounted for a market revenue of USD 47 billion in the year 2019 and is projected to grow at a CAGR of more than 5%. Caps and closure are primarily used for the sealing of bottles and containers. It offers a wide variety of benefits, including longevity and versatile applications in many industries. This also provides a physical, flexible and lightweight safety from corrosion and in effect increases product demand. Caps and locks secure the product against unwanted opening and provide a protection against water, oxygen and humidity. It is used mainly in the packaging field for the safety and durability of items.
The primary purpose of the packaged product is to improve the food and beverages 'shelf life, as well as improve the product's capacity to retain the taste, smell and colour. The business landscape is being encouraged by continued development across the whole industry to develop eco-friendly caps and closures by utilizing the recycling process and natural ingredients.
Key Segments Across Caps and Closures Market
Reasons for the study
What does the report include?
Who should buy this report?
This study is suitable for industry participants and stakeholders in the global Caps and Closures. The report will benefit:
Chapter 1. Introduction
1.1. Introduction to the Study
1.2. Market Definition and Scope
1.3. Key Stakeholders
1.4. Key Questions Answered
Chapter 2. Research Methodology
2.1. Introduction
2.1.1. Data Capture Sources
2.1.2. Primary Sources
2.1.3. Secondary Sources
2.2. Market Size Estimation
2.3. Market Forecast
2.4. Data Triangulation
2.5. Assumptions and Limitations
Chapter 3. Executive Summary
Chapter 4. Market Outlook
4.1. Introduction
4.2. Market Dynamics
4.3. Drivers
4.3.1. Positive demand outlook
4.3.2. Competitiveness from alternative solutions
4.4. Restraints
4.4.1. Fluctuating material prices
4.5. Market opportunities
4.6. Porter’s Five Forces Analysis
4.7. PEST Analysis
Chapter 5. Caps and Closures Market by Type
5.1. Introduction
5.2. Plastic
5.3. Metal
5.4. Others
Chapter 6. Caps and Closures Market by Application
6.1. Introduction
6.2. Food & Beverage
6.3. Pharmaceutical
6.4. Automotive
6.5. Cosmetics
6.6. Others
Chapter 7. Caps and Closures Market By Region
7.1. Introduction
7.2. North America
7.2.1. U.S.
7.2.2. Canada
7.3. Mexico
7.3.1. Europe
7.3.2. Germany
7.3.3. UK
7.3.4. France
7.3.5. Rest of the Europe
7.4. Asia Pacific
7.4.1. China
7.4.2. India
7.4.3. Japan
7.4.4. Rest of Asia Pacific
7.5. Central & South America
7.5.1. Brazil
7.5.2. Rest of Central & South America
7.6. Middle East & Africa
7.6.1. Saudi Arabia
7.6.2. Rest of Middle East & Africa
Chapter 8. Competitive Landscape
8.1. Overview
8.2. Strategic Initiatives
8.3. Acquisition
8.4. Joint Venture
8.5. Agreement
Chapter 9 Company Profiles
9.1 Global Closure Systems
9.1.1 Overview
9.1.2 Products and Services Portfolio
9.1.3 Recent Initiatives
9.1.4 Financial Analysis
9.1.5 SWOT Analysis
9.2 Silgan Holdings
9.2.1 Overview
9.2.2 Products and Services Portfolio
9.2.3 Recent Initiatives
9.2.4 Financial Data
9.2.5 SWOT Analysis
9.3 Reynolds Group Holdings
9.3.1 Overview
9.3.2 Products and Services Portfolio
9.3.3 Recent Initiatives
9.3.4 Financial Data
9.3.5 SWOT Analysis
9.4 Crown Holdings
9.4.1 Overview
9.4.2 Products and Services Portfolio
9.4.3 Recent Initiatives
9.4.4 Financial Data
9.4.5 SWOT Analysis
9.5 Berry Plastics Corporation
9.5.1 Overview
9.5.2 Products and Services Portfolio
9.5.3 Financial Data
9.5.4 Recent Initiatives
9.5.5 SWOT Analysis
9.6 Berlin Packaging
9.6.1 Overview
9.6.2 Products and Services Portfolio
9.6.3 Financial Data
9.6.4 Recent Initiatives
9.6.5 SWOT Analysis
9.7 Guala Closures Group
9.7.1 Overview
9.7.2 Products and Services Portfolio
9.7.3 Financial Data
9.7.4 Recent Initiatives
9.7.5 SWOT Analysis
9.8 Manaksia Ltd.
9.8.1 Overview
9.8.2 Products and Services Portfolio
9.8.3 Financial Data
9.8.4 Recent Initiatives
9.8.5 SWOT Analysis
9.9 Alpha Holdings GmbH
9.9.1 Overview
9.9.2 Products and Services Portfolio
9.9.3 Financial Data
9.9.4 Recent Initiatives
9.9.5 SWOT Analysis
9.11 Other Companies
Chapter 10 Appendix
10.1 Primary Research Approach
10.1.1 Primary Interview Participants
10.1.2 Primary Interview Summary
10.2 Questionnaire
10.3 Related Report List
10.4 Published
10.5 Upcoming