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Caps and Closures Market - Company Profile (RPC Group Plc (UK), Reynolds Group Holdings Limited (New Zealand), Crown Holdings Inc. (U.S.), Amcor Limited (Australia), Rexam PLC (UK), Berry Plastics Corporation (U.S.), Silgan Holdings Inc. (U.S.), AptarGrou

10-09-2018 04:45 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: AlliedMarketResearch

Caps and Closures Market - Company Profile (RPC Group Plc (UK),

Caps and Closures Market was valued at $39,200 million in 2015, and is expected to reach $56,057 million by 2022, supported by a CAGR of 5.3%.The primary function of caps and closures is to keep the container closed and the contents contained for the specified shelf life.

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In addition, it provides a barrier to dirt, moisture, and oxygen and keeps the product secure from undesired premature opening.Caps and closures are mainly used in the packaging industry to preserve products to extend their shelf life. Caps and closures industry uses different type of materials to construct suitable product packaging, such as plastics, metals, rubber, and paperboard among others.

KEY BENEFITS FOR STAKEHOLDERS
•This report provides an extensive analysis of the current and emerging market trends and dynamics in the global caps and closures market.
•Geographically, the market is analyzed based on North America, Europe, Asia-Pacific, and LAMEA. Comprehensive analysis of all regions is provided that determines the prevailing opportunities in these geographies.
•Comprehensive analysis of factors that drive and restrict the growth of the caps and closures market is provided. For instance, caps and closures industry, pharmaceutical, cosmetic, and FMCG; however, the unstable price of raw material is expected to majorly restrain the market.
•An in-depth analysis of current research and extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
•Developments within the market are provided with key market dynamic factors that help understand the behavior of the market.

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Packaging industry mainly drives the caps and closures market. The main function of packaging is to provide food & beverages with extended shelf-life and the products that preserve flavor, texture, & test for long time. Moreover, each factor has a distinct impact on the caps and closures market analysis for the forecast period. Eco-friendly caps and closures with the use of natural ingredients and recycling process is expected to provide ample of opportunities for this market to grow across the globe.

On the basis of geography, the market has been segmented into North America, Europe, Asia-Pacific and LAMEA. LAMEA holds fastest market growth estimated at CAGR 6.9% in terms of revenue and CAGR 5.8% in terms of sales volume, followed by Europe which holds significant market share expected to grow at a CAGR of 6.0% in terms of revenue and 3.3% in terms of sales volume.

The key players in the global caps and closures market are RPC Group Plc (UK), Reynolds Group Holdings Limited (New Zealand), Crown Holdings Inc. (U.S.), Amcor Limited (Australia), Rexam PLC (UK), Berry Plastics Corporation (U.S.), Silgan Holdings Inc. (U.S.), AptarGroup Inc. (U.S.), Guala Closures Group (Italy), and BERICAP GmbH Co. & KG (Germany).

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Other key players (not profiled in the report) are Oriental Containers, Pelliconi, Premier Vinyl Solution, Global Closure Systems, Blackhawk Molding Company Incorporated, Closure Systems International, Pact Group Holdings, Plastics Corporation, Capsugel Inc., and Agropur Cooperative.

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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