openPR Logo
Press release

Plastic Caps and Closures Industry 2020 - Overview by Top Manufacturers like Guala, J. L. Clark, Phoenix Closures, Alcoa and more - forecast 2023

02-04-2020 07:16 AM CET | Logistics & Transport

Press release from: MRFR

Summary

Bottle Closures Market Statistics, 5.22% CAGR, Research Report and Industry Forecast 2023 | Global Plastic Caps and Closures Industry 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

Bottle Closures Market Overview

The global Bottle Closures Market is expected to exhibit a strong 5.22% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global Bottle Closures Market is mainly driven by the growing demand for plastics in the global packaging industry, but held back by the increasing awareness about the adverse effects of plastic waste on the environment.

The global Bottle Closures Market is mainly driven by the growing demand for consumer products such as packaged food and beverages (especially beverages), pharmaceuticals, and personal care products. These products are often sold in plastic bottles or small plastic containers and use a plastic cap or closure to seal the product from environmental contamination. The strong temperature resistance and weather resistance of plastics makes them the perfect material for use in bottles and corresponding caps and closures. This has been the major driver for the global Bottle Closures Market, as other materials, such as metals and glass, are much more expensive to manufacture and shape into the desired shape. The easy moldability of plastics is also a major driver for the global Bottle Closures Market, as a large variety of containers can easily be fitted with plastic caps and closures.

Get Free Sample Pages @ https://www.marketresearchfuture.com/sample_request/4920

The growing demand for packaged beverages and personal care products is likely to be the major driver for the Bottle Closures Market over the forecast period. However, the Bottle Closures Market is also restrained by the growing awareness about the adverse effect plastic plays in environmental protection, i.e. the growing generation of nonbiodegradable plastic waste. This is likely to drive recycling efforts in the Bottle Closures Market over the coming years, lending the market an extra dimension that will enable smooth growth through the forecast period and beyond.

Competitive Analysis

Leading players in the global Bottle Closures Market include

Guala Closures Group

L. Clark
Phoenix Closures Inc.

TriMas

Alcoa Corporation

AptarGroup

Comar LLC

Global Closure Systems

Silgan Holdings Inc

Amcor Limited

Recycling efforts are likely to be crucial in the Bottle Closures Market over the forecast period, as several governments around the world are coming down hard on the excessive discarding of plastic waste. In fall 2018, students of Concord Intermediate School near Elkhart, Indiana started a project to collect discarded plastic caps and turn them into benches for the school's playground. Deliveries of the recycled benches began in mid-2019. Community projects such as this could provide a direction for the global Bottle Closures Market in the coming years.

Plastic Caps and Closures Industry Segmentation

The global Bottle Closures Market is segmented on the basis of type, material, end use, and region.

By type, the global Bottle Closures Market is segmented into screw caps, dispensing caps, and closures. The screw caps segment is likely to dominate the global Bottle Closures Market over the forecast period due to the widespread use of screw plastic caps.

By material, the market is segmented into polypropylene, polyethylene, and polystyrene. The polypropylene segment is likely to play a key role in the development of the Bottle Closures Market over the forecast period due to its growing demand.

By end use, the global Bottle Closures Market is segmented into personal care, pharmaceuticals, food and beverages, and others. The food and beverage industry is expected to be the major end user in the global Bottle Closures Market over the forecast period due to the growing demand for bottled beverages.

Regional Analysis

The Americas segment dominates the global Bottle Closures Market and is likely to retain the lead over the forecast period due to the growing demand for bottled beverages, personal care products, and healthcare products in the U.S. and Canada.

Europe is also a leading regional market for plastic caps and closures, due to the growing demand for bottled healthcare and personal care products.

Asia Pacific is expected to exhibit rapid growth in the global Bottle Closures Market over the forecast period due to the growing fast food industry in the region and the growing demand for bottled beverages of various kinds.

Table Of Content

Executive Summary
2 Market Introduction

2.1 Definition 17

2.2 Scope Of The Study 17

2.3 Market Structure 17

2.4 List Of Assumptions 18

2.5 Key Takeaways 19

2.6 Key Buying Criteria 19

3 Research Methodology

3.1 Research Process 21

3.2 Primary Research 21

3.3 Secondary Research 22

3.4 Market Size Estimation 23

3.5 Forecast Model 24

4 Market Dynamics

Continues.....

Access Full Report With Complete TOC @ https://www.marketresearchfuture.com/reports/plastic-caps-closures-market-4920

List Of Tables

Table 1 Market Synopsis

Table 2 List Of Assumptions

Table 3 Europe Food And Drink Industry, 2014-2015

Table 4 Global plastics news caps and closures market, By Type, 2016-2023 (Usd Million)

Continues.....

Market Research Future
Office No. 528, Amanora Chambers
Pune - 411028
Maharashtra, India
Phone: +1646 845 9312
Email: sales@marketresearchfuture.com

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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Plastic Caps and Closures Industry 2020 - Overview by Top Manufacturers like Guala, J. L. Clark, Phoenix Closures, Alcoa and more - forecast 2023 here

News-ID: 1917526 • Views: …

More Releases from MRFR

U.S. Offshore Wind Market: Scaling Clean Power Along the Coasts with Floating and Fixed-Bottom Projects
07-16-2025 | Energy & Environment
MRFR
U.S. Offshore Wind Market: Scaling Clean Power Along the Coasts with Floating an …
The U.S. Offshore Wind Market is entering a transformative era as federal and state governments, energy developers, and technology providers unite to harness the vast wind energy potential of the Atlantic and Pacific coastlines. Once lagging Europe and Asia, the United States is now rapidly building momentum with bold policy support, multibillion-dollar investments, and ambitious renewable energy targets. With an estimated technical potential exceeding 2,000 GW-nearly double the nation's current electricity…
U.S. Smart Gas Meter Market: Digitizing Utility Networks for Safety, Accuracy, and Efficiency
07-16-2025 | Energy & Environment
MRFR
U.S. Smart Gas Meter Market: Digitizing Utility Networks for Safety, Accuracy, a …
The U.S. Smart Gas Meter Market is experiencing a strong surge as utilities across the country upgrade traditional gas meters with intelligent, connected solutions. These advanced meters enable real-time monitoring, data analytics, and remote management of gas usage, aligning with broader trends in smart grid development, customer engagement, and infrastructure modernization. As the U.S. energy landscape evolves with an emphasis on efficiency, transparency, and sustainability, smart gas meters are playing an…
Brazil Solar Inverter Market: Driving Clean Energy Access with Smart Solar Solutions
07-16-2025 | Energy & Environment
MRFR
Brazil Solar Inverter Market: Driving Clean Energy Access with Smart Solar Solut …
As one of the largest renewable energy producers in Latin America, Brazil is rapidly embracing solar power as a key component of its clean energy mix. At the heart of this transformation lies the solar inverter-a critical technology that converts direct current (DC) from photovoltaic (PV) panels into usable alternating current (AC). The Brazil Solar Inverter Market is growing steadily, driven by supportive government policies, grid modernization, and increasing demand…
Renewables Blade Repair & Maintenance Market: Extending Wind Turbine Lifespan Through Smart Service Solutions
07-16-2025 | Energy & Environment
MRFR
Renewables Blade Repair & Maintenance Market: Extending Wind Turbine Lifespan Th …
The global shift to clean energy has made wind power a cornerstone of sustainable electricity generation. As wind installations expand globally, the importance of maintaining and repairing turbine components-especially blades-has grown significantly. The Renewables Blade Repair & Maintenance Market has emerged as a critical segment in ensuring long-term performance, safety, and return on investment for both onshore and offshore wind assets. Request To Free Sample of Report: https://www.marketresearchfuture.com/sample_request/43415 Key Companies in the…

All 5 Releases


More Releases for Closure

Vascular Closure Device Market: Streamlining Post-surgical Recovery with Advance …
In recent years, the global Vascular Closure Device Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Vascular Closure Device Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including…
Vascular Closure Devices Market Major Players Using Technology to Develop New Va …
According to Precision Business Insights' (PBI), latest report, the market value of the Vascular Closure Devices Market size was valued at USD 1,267 million in 2023 and poised to grow at a 6.36% CAGR from 2024 to 2030. The primary factors that drive the market are the growing prevalence of cardiovascular diseases across the world, rising healthcare infrastructure, and increasing demand for vascular closure devices in the market. View The Detailed…
Endoscopic Closure Systems Market Stitching Up the Future: The Endoscopic Closur …
Endoscopic Closure System Market to reach over USD 1,341.76 Mn by the year 2031 - Exclusive Report by InsightAce Analytic According to a new report by InsightAce Analytic, the "Endoscopic Closure System Market" in terms of revenue was estimated to be worth $726.93 Mn in 2023 and is poised to reach $1,341.76 Mn by 2031, growing at a CAGR of 8.13% from 2024 to 2031. Request for free Sample Pages: https://www.insightaceanalytic.com/request-sample/1446…
Disposable Skin Closure Surgical Stapler Market: Growing Application in Wound Cl …
Global Disposable Skin Closure Surgical Stapler Market Overview: The Disposable Skin Closure Surgical Stapler market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others. In recent years, the Disposable Skin Closure Surgical Stapler market has experienced significant growth, driven by factors such as increasing consumer demand,…
Wound Closure Market - Empowering healing journeys: Wound closure solutions for …
Newark, New Castle, USA: The "Wound Closure Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors Wound Closure Market: https://www.growthplusreports.com/report/wound-closure-market/7926 This latest report researches the industry structure, sales, revenue,…
Sternal Closure Systems Market - Strength in Closure: Leading the Way in Sternal …
Newark, New Castle, USA: The "Sternal Closure Systems Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors Sternal Closure Systems Market: https://www.growthplusreports.com/report/sternal-closure-systems-market/7822 This latest report researches the industry structure,…