Press release
Caps and Closures Market To Accrue USD ~ 61.71 Billion With Global Leading Players Berry Plastics Co, Crown Holdings, Amcor Limited, Reynolds Group Holdings, Rexam PLC
MarketResearchFuture.com added New Report Named “Caps and Closures Market 2018: Global Industry Analysis, Market Growth and Opportunity Assessment, Segmentation 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 | Outlook to 2023” to its Database.
Global Caps & Closures Market- Overview
Caps & Closures had always been an integral part of packaging solutions, providing protection against spillage and damage of the product. With the technological intervention, they are also used to convey the exclusivity & luxury nature of the product, reflecting a brand’s image while establishing emotional connection with the consumer.
Caps & Closures offer a long lasting utility, longer shelf life without affectingthe quality of product, are recyclableand come in various sizes, shapes and designs. Attributing to all these advantages, Caps & Closures have garnered popularity and are exclusively preferred for packaging of Drinking Water, Food & Beverages, Personal Care/ beauty products, Alcoholic Beverages, chemicals and so on. And hence, the Caps & Closures market is ever increasing.
Acknowledging the growing traction the Caps & Closures market is enjoying globally; the Market Research Future has recently published a brilliant study report giving out the market insights up till 2023. In its analysis MRFR asserts that the global Caps & Closures market is expected to reach the market size of USD 65.12 billion by 2023, registering a CAGR of ~5.2% during the review period (2017 – 2023).
Get Report Sample@ https://www.marketresearchfuture.com/sample_request/1265
The global Caps & Closures market is predominantly driven by the food & beverages industry. Factors such as growing population & industrialization are also contributing to the market growth. Improving economy worldwide, has allowed people to adopt quality life style increasing their purchasing power and affordability. This has prompted the growing utilization of quality products. Trend of packaged food and drinking water backed by the modern & heady lifestyle coupled with the convenience Caps & Closures offer drive the Caps & Closures market growth globally.
On the other hand, factors such as volatility in the prices of raw materials coupled with the stringent regulations on packaging material waste and recycling are forecasted to pose challenges to the Caps & Closures market growth. However, growing preference and demand for the Caps & Closures from a various product manufacturers and consumers alike; are expected to fuel the market growth during the years to come.
Key Players
The major player operating in the market of global caps & closures are Rexam PLC (U.K), Berry Plastics Corporation (U.S.), AptarGroup Inc. (U.S.), RPC Group Plc. (U.K.), Crown Holdings Inc. (U.S.), Amcor Limited (Australia), Reynolds Group Holdings Limited (New Zealand), and Silgan Holdings Inc. (U.S.), Guala Closures Group (Italy), and BERICAP GmbH Co. & KG (Germany).
Global Caps & Closures Market - Competitive Landscape
The competitive market of Caps & Closures appears to be fragmented with the matured & small key players along with the new entrants forming a competitive landscape. Through acquisition, strategic partnership, expansion, product/technology launch &collaboration, these players try to gain competitive advantage. Heavy investments are transpired in the R&D to develop a completely different technology compared to their competition.
Industry/Innovation/Related News:
April 16, 2018 - United Caps (Luxembourg) a leading caps and closure producer announced the acquisition of Embalatap (Spain) a notable closure manufacturer the acquisition will strengthen company’s product portfolio, as Embalatap’s product range will now be marketed under the United Caps name.
April 10, 2018 – Bericap India Private Limited, a global manufacturer of plastic closures announced that it has started online promotion of its recently launched product ‘e-smoCap’ for e-liquids, targeting the fast-growing e-cigarette market. The company has also launched a YouTube video to promote the product’s consumer-friendly features. Childproof, e-smoCap closure is made from recyclable polymers.
Browse Full Report@ https://www.marketresearchfuture.com/reports/caps-closures-market-1265
Global Caps & Closures Market- Segmentations
For the convenience of the report and enhanced understanding; MRFR analysis is segmented into 4 key dynamics.
By Materials : Comprises Plastic Resins {polypropylene (PP) & polyethylene (PE) } and Metal among others
By Types : Closures, Caps, Corks, and Stoppers, among others.
By End User Industries : Pharmaceutical, Food & Beverage, Cosmetics, and Automotive among others.
By Regions : North America, Europe, APAC and Rest of the World.
Segment Plastic by Materials, is expected to be the fastest growing segment owing to the wide uptake of demand for the Light weighted & cost-effective capping solutions, especially from the F&B, pharmaceutical, and automotive industry.
Global Caps & Closures Market –Geographical Analysis
The Asia-Pacific market leads the global Caps & Closures market with the largest market share. The market is growing due the growing hygiene consciousness, a shift in preference to packaged food items, use of closures on popular container types. With the growing consumer goods manufacturing with the expanding production capacities in the region, the APAC is expected to retain its dominance during the forecast period.
While the North America market stand the second largest market for Caps & Closures, attributing to the augmenting penetration of end user industries especially, in the US. Continuing with the same growth trends the market will register the highest CAGR in the next six years.
Whereas the Europe market for Caps & Closures, emerging as the fastest growing market will account for a substantial market share in the next six years. The regional market growth attributes to the extensive demand for the Caps & Closures technologies.
Press Release Available @ https://www.marketresearchfuture.com/reports/caps-closures-market-1265
Product Analysis
• Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information
• Regulatory Landscape
• Pricing Analysis
• Macroeconomic Indicators
Geographic Analysis
• Geographical analysis across 15 countries
Company Information
• Profiling of 10 key market players
• In-depth analysis including SWOT analysis, and strategy information of related to report title
• Competitive landscape including emerging trends adopted by major companies
Brief TOC :
1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By PackagingType
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures
Ask for your specific company profile and country level customization on reports.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Market Research Future
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Global Caps & Closures Market- Overview
Caps & Closures had always been an integral part of packaging solutions, providing protection against spillage and damage of the product. With the technological intervention, they are also used to convey the exclusivity & luxury nature of the product, reflecting a brand’s image while establishing emotional connection with the consumer.
Caps & Closures offer a long lasting utility, longer shelf life without affectingthe quality of product, are recyclableand come in various sizes, shapes and designs. Attributing to all these advantages, Caps & Closures have garnered popularity and are exclusively preferred for packaging of Drinking Water, Food & Beverages, Personal Care/ beauty products, Alcoholic Beverages, chemicals and so on. And hence, the Caps & Closures market is ever increasing.
Acknowledging the growing traction the Caps & Closures market is enjoying globally; the Market Research Future has recently published a brilliant study report giving out the market insights up till 2023. In its analysis MRFR asserts that the global Caps & Closures market is expected to reach the market size of USD 65.12 billion by 2023, registering a CAGR of ~5.2% during the review period (2017 – 2023).
Get Report Sample@ https://www.marketresearchfuture.com/sample_request/1265
The global Caps & Closures market is predominantly driven by the food & beverages industry. Factors such as growing population & industrialization are also contributing to the market growth. Improving economy worldwide, has allowed people to adopt quality life style increasing their purchasing power and affordability. This has prompted the growing utilization of quality products. Trend of packaged food and drinking water backed by the modern & heady lifestyle coupled with the convenience Caps & Closures offer drive the Caps & Closures market growth globally.
On the other hand, factors such as volatility in the prices of raw materials coupled with the stringent regulations on packaging material waste and recycling are forecasted to pose challenges to the Caps & Closures market growth. However, growing preference and demand for the Caps & Closures from a various product manufacturers and consumers alike; are expected to fuel the market growth during the years to come.
Key Players
The major player operating in the market of global caps & closures are Rexam PLC (U.K), Berry Plastics Corporation (U.S.), AptarGroup Inc. (U.S.), RPC Group Plc. (U.K.), Crown Holdings Inc. (U.S.), Amcor Limited (Australia), Reynolds Group Holdings Limited (New Zealand), and Silgan Holdings Inc. (U.S.), Guala Closures Group (Italy), and BERICAP GmbH Co. & KG (Germany).
Global Caps & Closures Market - Competitive Landscape
The competitive market of Caps & Closures appears to be fragmented with the matured & small key players along with the new entrants forming a competitive landscape. Through acquisition, strategic partnership, expansion, product/technology launch &collaboration, these players try to gain competitive advantage. Heavy investments are transpired in the R&D to develop a completely different technology compared to their competition.
Industry/Innovation/Related News:
April 16, 2018 - United Caps (Luxembourg) a leading caps and closure producer announced the acquisition of Embalatap (Spain) a notable closure manufacturer the acquisition will strengthen company’s product portfolio, as Embalatap’s product range will now be marketed under the United Caps name.
April 10, 2018 – Bericap India Private Limited, a global manufacturer of plastic closures announced that it has started online promotion of its recently launched product ‘e-smoCap’ for e-liquids, targeting the fast-growing e-cigarette market. The company has also launched a YouTube video to promote the product’s consumer-friendly features. Childproof, e-smoCap closure is made from recyclable polymers.
Browse Full Report@ https://www.marketresearchfuture.com/reports/caps-closures-market-1265
Global Caps & Closures Market- Segmentations
For the convenience of the report and enhanced understanding; MRFR analysis is segmented into 4 key dynamics.
By Materials : Comprises Plastic Resins {polypropylene (PP) & polyethylene (PE) } and Metal among others
By Types : Closures, Caps, Corks, and Stoppers, among others.
By End User Industries : Pharmaceutical, Food & Beverage, Cosmetics, and Automotive among others.
By Regions : North America, Europe, APAC and Rest of the World.
Segment Plastic by Materials, is expected to be the fastest growing segment owing to the wide uptake of demand for the Light weighted & cost-effective capping solutions, especially from the F&B, pharmaceutical, and automotive industry.
Global Caps & Closures Market –Geographical Analysis
The Asia-Pacific market leads the global Caps & Closures market with the largest market share. The market is growing due the growing hygiene consciousness, a shift in preference to packaged food items, use of closures on popular container types. With the growing consumer goods manufacturing with the expanding production capacities in the region, the APAC is expected to retain its dominance during the forecast period.
While the North America market stand the second largest market for Caps & Closures, attributing to the augmenting penetration of end user industries especially, in the US. Continuing with the same growth trends the market will register the highest CAGR in the next six years.
Whereas the Europe market for Caps & Closures, emerging as the fastest growing market will account for a substantial market share in the next six years. The regional market growth attributes to the extensive demand for the Caps & Closures technologies.
Press Release Available @ https://www.marketresearchfuture.com/reports/caps-closures-market-1265
Product Analysis
• Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information
• Regulatory Landscape
• Pricing Analysis
• Macroeconomic Indicators
Geographic Analysis
• Geographical analysis across 15 countries
Company Information
• Profiling of 10 key market players
• In-depth analysis including SWOT analysis, and strategy information of related to report title
• Competitive landscape including emerging trends adopted by major companies
Brief TOC :
1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By PackagingType
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures
Ask for your specific company profile and country level customization on reports.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Market Research Future
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
