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Caps and Closures Market | Global Industry Overview By Rexam, Berry Plastics, AptarGroup, RPC, Crown Holdings, Amcor, Reynolds and BERICAP

09-26-2018 08:22 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Caps and Closures

Caps and Closures

Caps and Closures Market Research Report 2018 published By Market Research Future, provides information on Global Caps and Closures Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and 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 - Forecast 2017-2023.

Global Caps & Closures Market - Overview

Caps & closures are primarily used for preserving products and extending their life. They are generally made of metal, plastic, rubber, or combinations of these materials. The type of material to be used in packaging depends upon the application and type of product to be packaged. Generally, plastic materials such as Polyethylene, Polypropylene, polystyrene and polyvinyl chloride are used in plastic caps & closures.

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According to a recent study report published by the Market Research Future, The global market of Caps & Closures is booming and expected to gain prominence over the forecast period. The Global Caps & Closures market is forecasted to demonstrate an exponential growth by 2023, surpassing its previous growth records in terms of value during the estimated period (2017 – 2023).

The increasing consumption of beverages and innovative packaging solutions are expected to drive the market. Sometime caps and closure are also used for brand building. This also have the positive influence on the growth of the market. Whereas, fluctuating raw material prices and the regulations on packaging of pharmaceuticals and foods are expected to pose challenges for the market.

Key Players:

AptarGroup Inc. (U.S.), Rexam PLC (U.K.), 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.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Caps & Closures Market.

Caps & Closures Global Market - Competitive Analysis

Global Caps & Closures Market appears to be highly fragmented and competitive owning to the presence of numerous large and small players active in regional market. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement & Partnership, Acquisition and expansion. Strategic partnerships between key players support the growth and expansion plans of the key players during the forecast period. On the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position.

Manufacturers operating in the market strive to deliver innovative solutions that improve the design and manufacturing processes of business around the world. Focusing upon the competitive edge, Caps & Closures strive to develop products that can deliver optimal efficient, convenience and reliability. Utilizing their international and regional presence, these manufacturers assure their customers with the consistency in product & service quality. Manufacturers strive to develop their product portfolio with a wide range of Caps & Closures for every application.

Caps & Closures Market - Segmentation

Global Caps & Closures Market is segmented in to three key dynamics for an easy grasp and enhanced understanding.

On the basis of type, market is segmented into Caps, Closures, Corks, Stoppers, Cans, Cap Ends and Others. Screw caps are widely used for packaging of beverage products such as bottled water and fruit juices.
Based on Material segment the market is segmented into Plastic, Metal, and others. Plastic segment dominates material segment of the market.
Based on end user segment the market is segmented into Food & Beverage, Healthcare, Pharmaceuticals, Cosmetics, Automotive, and others. Food & Beverage segment dominates end user segment of the market. Rising demand for beverage products such as bottled water and beer driving the growth of the market.

Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

Caps & Closures Market - Regional Analysis

Asia-Pacific dominates the Global Caps and Closures Market. Developing economies such as India, China, and Brazil have changed their buying patterns by purchasing more packaged foods. The demand for packaged products has been increasing in the Asia-Pacific region, majorly due to the changing lifestyle and the rise in purchasing power. This will lead to an increased demand for caps & closures. North America & Europe is also the major market for Caps & Closures. High demand for beverage products such as bottled water and beer driving the growth of the market.

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Scope Of Report

The report for Global Caps & Closures Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

TABLE OF CONTENT

1 Executive Summary

2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/Supply Chain Analysis

Continued.........

List Of Tables

Table 1 Global Caps & Closures Market: By Region, 2017-2023
Table 2 North America Caps & Closures Market: By Country, 2017-2023
Table 3 Europe Caps & Closures Market: By Country, 2017-2023
Table 4 Asia-Pacific Caps & Closures Market: By Country, 2017-2023
Table 5 RoW Caps & Closures Market: By Country, 2017-2023
Table 6 Global Caps & Closures Market By Materials, By Regions, 2017-2023
Table 7 North America Caps & Closures Market By Materials, By Country, 2017-2023
Table 8 Europe Caps & Closures Market, By Materials, By Country, 2017-2023

Continued......

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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.

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