Press release
Plastic Caps and Closures Market 2018-2023 | Competitive Landscape By Amcor, Silgan Holdings, Comar, AptarGroup, Alcoa, TriMas, Phoenix Closures, CLARK
Global Plastic Caps and Closures Market, By Type (Screw Caps, Dispensing Caps, and Closures), By Material (Polypropylene, Polyethylene and Polystyrene), By End-User (Food & beverages, Pharmaceutical and Personal Care), By Region – Forecast to 2023
Aro Metal Stamping co. (U.S.), Kenmode Precision Metal Stamping (U.S.), Martinrea International Inc. (Canada), Shiloh Industries, Inc. (U.S.), Acro Metal Stamping Co. (U.S.), Manor Tool & Manufacturing Company (U.S.), American Industrial Company (U.S.), Wisconsin Metal Parts, Inc. (U.S.), and Clow Stamping Co. (U.S.). and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Plastic Caps & Closures market.
Get Sample Report @ https://www.marketresearchfuture.com/sample_request/4920
Plastic Caps & Closures Global Market – Overview
Caps & Closures are an important part of packaging and containers such as bottles, cans, tubes, stand-up Pouches and others. Often, they do not only serve to open the container, but also offer the option to reseal it. The market for plastic caps and closures is profiting substantially from an increasing use of packaging. Moreover, rising demand for bottled water and smaller packaging sizes will provide important stimuli to growth in the future. The quality of plastic caps & closure is improving continuously and access to materials which are used traditionally. According to a recent study report published by the Market Research Future, The global market of Plastic Caps & Closures is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2022).
The expansion in end-use application, especially in the field of personal care products, consumer household appliances and pharmaceuticals ensure better market prospects. Developing economies like India, China, and Brazil have changed their buying patterns by purchasing more packaged foods. The rising food market enables the global players to introduce new products, expand to new regions, and develop new technologies. Asia-Pacific with developing nations is the most attractive market because of its inclination towards improvement in quality of food. The demand for packaged products has been increasing in the Asia-Pacific region majorly due to the changing lifestyle and the increase in purchasing power. It will leads to increase demands for plastic caps & closures.
The market driven by various factors such as increase in the consumption of processed foods & beverages, innovation in plastic packaging, and the reusability of Plastic. The increase in the consumption of processed food & beverage will result in the growing demand for caps and closure for sealing purpose. This increase in demand will result in the growth of the caps & closure industry in future.
Industry/ Innovation/ Related News:
The key strategies followed by most companies within the global Plastic Caps & Closures market are that of new product development.
On December 2017, RPC Zeller Plastik Zell has innovated its screw-on Classic range of polypropylene hinge tube closures (HTC) with the addition of a 25mm size, available with a matt finish. The new closure will enable brand manufacturing using a single closure design.
On December 2017, Crown Holdings has acquired Signode Industrial Group Holdings which will provide an additional portfolio of premier transit and protective packaging franchises to our existing metal packaging business
On Dec 2013, Amcor Rigid Plastics has expanded the use of its unique roll-on pilfer-proof (ROPP) finish design for aluminum screw-cap PET bottles. Amcor has a strong position in the wine market with aluminum screw-cap containers and has now extended its ROPP with new 1.75L and 750ml stock PET bottles that offer light weight and smooth conversion from glass.
Early Diners Are Offered Free Customization- Up to 20% @ https://www.marketresearchfuture.com/check-discount/4920
Plastic Caps & Closures Market – Segmentation
The global Plastic Caps & Closures market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Raw Material : Comprises Polypropylene, Polyethylene, Polystyrene, Other Resins
Segmentation by Product Type : Comprises Screw Caps, Dispensing Caps and Other Plastic Caps
Segmentation by End-use : Comprises Food & Beverage, Pharmaceutical, Others
Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Plastic Caps & Closures Market: Regional Analysis
Caps and closures industry uses different type of materials to construct suitable product packaging, such as plastics, metals, rubber, and paperboard among others. Plastic is chemically resistant, inexpensive and lightweight with a wide range of physical and optical properties. In fact, many 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. It is driven by the adoption of smaller bottles in several beverage markets as well as a positive outlook for pharmaceuticals. Geographically, Asia Pacific is leading the market of Plastic Caps & Closures. With the increasing popularity towards packaged food in countries such as India and China, the demand for plastic caps & closures is anticipated to grow, significantly. Growing purchasing power, disposable income, and rise in manufacturing activities and growth in the demand for conveniently packaged products has resulted in an increase in demand for plastic caps & closures market. Whereas, The North America and Western Europe are expected to register a moderate growth rate owing to the saturation of end use markets in the regions.
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Market Structure
2.4 List Of Assumptions
2.5 Key Takeaways
2.6 Key Buying Criteria
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Growing Demand From Food & Beverage Industry
4.2.2 Innovation In Packaging
4.2.3 Drivers Impact Analysis
4.3 Restraints
4.3.1 Fluctuation In Raw Material Prices
4.3.2 Stringent Regulations Regarding The Use Of Plastic And Recycled Materials
4.3.3 Restraints Impact Analysis
4.4 Opportunity
4.4.1 Scope In Developing Countries
5 Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Threat Of New Entrants
5.1.2 Bargaining Power Of Suppliers
5.1.3 Threat Of Substitutes
5.1.4 Bargaining Power Of Buyers
5.1.5 Segment Rivalry
5.2 Supply Chain Analysis
Continues...
Ask for your specific company profile and country level customization on reports.
Get More Information on Report @ https://www.marketresearchfuture.com/reports/plastic-caps-closures-market-4920
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.
Market Research Future
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Aro Metal Stamping co. (U.S.), Kenmode Precision Metal Stamping (U.S.), Martinrea International Inc. (Canada), Shiloh Industries, Inc. (U.S.), Acro Metal Stamping Co. (U.S.), Manor Tool & Manufacturing Company (U.S.), American Industrial Company (U.S.), Wisconsin Metal Parts, Inc. (U.S.), and Clow Stamping Co. (U.S.). and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Plastic Caps & Closures market.
Get Sample Report @ https://www.marketresearchfuture.com/sample_request/4920
Plastic Caps & Closures Global Market – Overview
Caps & Closures are an important part of packaging and containers such as bottles, cans, tubes, stand-up Pouches and others. Often, they do not only serve to open the container, but also offer the option to reseal it. The market for plastic caps and closures is profiting substantially from an increasing use of packaging. Moreover, rising demand for bottled water and smaller packaging sizes will provide important stimuli to growth in the future. The quality of plastic caps & closure is improving continuously and access to materials which are used traditionally. According to a recent study report published by the Market Research Future, The global market of Plastic Caps & Closures is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2022).
The expansion in end-use application, especially in the field of personal care products, consumer household appliances and pharmaceuticals ensure better market prospects. Developing economies like India, China, and Brazil have changed their buying patterns by purchasing more packaged foods. The rising food market enables the global players to introduce new products, expand to new regions, and develop new technologies. Asia-Pacific with developing nations is the most attractive market because of its inclination towards improvement in quality of food. The demand for packaged products has been increasing in the Asia-Pacific region majorly due to the changing lifestyle and the increase in purchasing power. It will leads to increase demands for plastic caps & closures.
The market driven by various factors such as increase in the consumption of processed foods & beverages, innovation in plastic packaging, and the reusability of Plastic. The increase in the consumption of processed food & beverage will result in the growing demand for caps and closure for sealing purpose. This increase in demand will result in the growth of the caps & closure industry in future.
Industry/ Innovation/ Related News:
The key strategies followed by most companies within the global Plastic Caps & Closures market are that of new product development.
On December 2017, RPC Zeller Plastik Zell has innovated its screw-on Classic range of polypropylene hinge tube closures (HTC) with the addition of a 25mm size, available with a matt finish. The new closure will enable brand manufacturing using a single closure design.
On December 2017, Crown Holdings has acquired Signode Industrial Group Holdings which will provide an additional portfolio of premier transit and protective packaging franchises to our existing metal packaging business
On Dec 2013, Amcor Rigid Plastics has expanded the use of its unique roll-on pilfer-proof (ROPP) finish design for aluminum screw-cap PET bottles. Amcor has a strong position in the wine market with aluminum screw-cap containers and has now extended its ROPP with new 1.75L and 750ml stock PET bottles that offer light weight and smooth conversion from glass.
Early Diners Are Offered Free Customization- Up to 20% @ https://www.marketresearchfuture.com/check-discount/4920
Plastic Caps & Closures Market – Segmentation
The global Plastic Caps & Closures market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Raw Material : Comprises Polypropylene, Polyethylene, Polystyrene, Other Resins
Segmentation by Product Type : Comprises Screw Caps, Dispensing Caps and Other Plastic Caps
Segmentation by End-use : Comprises Food & Beverage, Pharmaceutical, Others
Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Plastic Caps & Closures Market: Regional Analysis
Caps and closures industry uses different type of materials to construct suitable product packaging, such as plastics, metals, rubber, and paperboard among others. Plastic is chemically resistant, inexpensive and lightweight with a wide range of physical and optical properties. In fact, many 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. It is driven by the adoption of smaller bottles in several beverage markets as well as a positive outlook for pharmaceuticals. Geographically, Asia Pacific is leading the market of Plastic Caps & Closures. With the increasing popularity towards packaged food in countries such as India and China, the demand for plastic caps & closures is anticipated to grow, significantly. Growing purchasing power, disposable income, and rise in manufacturing activities and growth in the demand for conveniently packaged products has resulted in an increase in demand for plastic caps & closures market. Whereas, The North America and Western Europe are expected to register a moderate growth rate owing to the saturation of end use markets in the regions.
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Market Structure
2.4 List Of Assumptions
2.5 Key Takeaways
2.6 Key Buying Criteria
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Growing Demand From Food & Beverage Industry
4.2.2 Innovation In Packaging
4.2.3 Drivers Impact Analysis
4.3 Restraints
4.3.1 Fluctuation In Raw Material Prices
4.3.2 Stringent Regulations Regarding The Use Of Plastic And Recycled Materials
4.3.3 Restraints Impact Analysis
4.4 Opportunity
4.4.1 Scope In Developing Countries
5 Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Threat Of New Entrants
5.1.2 Bargaining Power Of Suppliers
5.1.3 Threat Of Substitutes
5.1.4 Bargaining Power Of Buyers
5.1.5 Segment Rivalry
5.2 Supply Chain Analysis
Continues...
Ask for your specific company profile and country level customization on reports.
Get More Information on Report @ https://www.marketresearchfuture.com/reports/plastic-caps-closures-market-4920
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.
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...
