Aluminum Caps & Closures Market Expected to Hit USD 9.20 Billion by 2026 | Global Key Players - Alameda Packaging, Amcor, ITC Packaging, EMA Pharma, MJS Packaging, Crown Holdings, Osias Berk, Torrent Closures

Marketprognosis.com Publish a New Market Research Report On “Global Aluminum Caps & Closures Market 2019 - 2026” which contains global key player’s survey information and forecast to 2026.

Overview of the Global Aluminum Caps & Closures Market:

The Global Aluminum Caps & Closures Market is accounted for $5.36 Billion in 2017 and is expected to reach $9.20 Billion by 2026 growing at a CAGR of 6.2% during the forecast period.

Some of the key factors influencing the market growth include growing demand for expediency packaging, concerns regarding product safety and security and product differentiation and branding. However, growth of substitutes and augment in usage of packages without closures such as pouch & blister packaging is restraining the market growth.

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Aluminum caps & closures are used in various industries and their usefulness across industries includes maintaining the quality of the products, growing the shelf life of the goods and keeping the products fresh. These are some of the most important reasons which have led to the augment in their share in the packaging industry. These caps and closures are formed in diverse closure types and diameters.

Based on the End-User, the beverage segment is anticipated to grow at the significant share during the forecast period. Aluminum closures are used on big scale in the wrapping of alcoholic beverages such as spirits bottles, vodka, and wine. These closures give the first level of security against the rising forged issues for spirits, finest olive oil, and bottled water. The growth of the parent industry ultimately drives the demand for aluminum caps & closures market.

Geographically, Asia Pacific region is anticipated to be the fastest-growing and largest market share during the forecast period, due to enlarge in commercialization and increase in demand for packaged goods in the region. The markets in China and India are proposed to be profitable owing to their increasing middle-class inhabitants and growing customer expenditure on packaged products.

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Major Key Players:

1 Alameda Packaging

2 Amcor

3 ITC Packaging

4 EMA Pharmaceuticals

5 MJS Packaging

6 Crown Holdings

7 Osias Berk Company

8 J.G. Finneran Associates

9 Federfin Tech S.R.L.

10 Torrent Closures and More…………..

Market Segment by Product Types:

1 Non-Refillable Closures

2 Roll-On Pilfer-Proof (ROPP) Caps

3 Easy-Open Can Ends

Market Segment by End Users:

1 Food

2 Home & Personal Care

3 Beverage

4 Pharmaceutical

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This study answers to the below key questions:

1 What will the market size be in 2026 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Aluminum Caps & Closures Market.

Table of Contents:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Aluminum Caps & Closures Market, By Product Type

6 Global Aluminum Caps & Closures Market, By End User

7 Global Aluminum Caps & Closures Market, By Geography

8 Key Developments

9 Company Profiling

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This release was published on openPR.