Southeast Asia Dispensing Caps and Closures Market 2020-2027: Technology, Future Trends, Top Key Players-Amcor plc, Crown, BALL CORPORATION, Berry Global Inc., DS Smith, Essel Propack Limited & Others

Southeast Asia dispensing caps and closures market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.6% in the forecast period of 2020 to 2027 and expected to reach USD 372,735.25 thousands by 2027 from USD 241,040.00 thousands in 2019. Increasing demand for packaged food and beverages products and retail sector are the major factors for the market growth.

Dispensing caps and closures market research report makes available the market insights about the business scenario with which better business strategies can be built to thrive in the Materials & Packaging industry. According to this market report, global market is supposed to witness a moderately higher growth rate during the forecast period. This renovation will mainly take place due to the actions of key players or brands like developments, product launches, joint ventures, mergers and acquisitions. This also leads to change the view of the global face of the Materials & Packaging industry. The data of this dispensing caps and closures report is represented with the tables, charts and graphs for better understanding.

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The major players covered in the report are Amcor plc, Crown, BALL CORPORATION, Berry Global Inc., DS Smith, Essel Propack Limited, Weener, Georg MENSHEN GmbH & Co. KG, Nippon Closures Co., Ltd., Rieke, CapsClosures, BERICAP, Bestpak Manufacturing Enterprises, Inc., and PT Indo Tirta Abadi among other players in Southeast Asia. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

For instance,

In August 2019, Nippon Closures Co., Ltd. entered in partnership with AptarGroup, Inc., a leader in dispensing, active packaging solutions and drug delivery. This partnership helped the company to provide beverage closures cross-license technology to cater the demand of closures. This development helped the company to exchange technological developments in closures with AptarGroup, Inc.
In March 2018, DS Smith has expanded its Worldwide Dispensers facility in Minnesota, U.S. Through this expansion, the company has invested USD 4 million to increase its manufacturing footprint. This expansion helped the company to increase its production capability on global level.
Partnership, expansion and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering in food and beverage industries through expanded model range such as sizes, neck sizes and others.

The dispensing caps and closures are useful in sealing the bottle or any type of packaging, from which inside material can be dispensed. The use of caps and closures are higher is many sectors such as food and beverages, cosmetics, personal cares and others. The consumption of carbonated drinks is increasing day by day owing to increasing disposable income of people in countries such as Singapore, Thailand and Indonesia.

For instance, Thailand has exported USD 1400 million of soft drinks in the year 2018. This accounts 6.7% of total value export of soft drinks across the globe. Demand for the carbonated drinks lead to increase in demand for packaging products which increases the market growth rate.

Table of Contents

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography

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Southeast Asia Dispensing Caps and Closures Market:Segmentation

By Type
(Caps and Closures),

Material
(Plastic, Metal, Rubber, Glass, Others),

Product
(Standard Dispensing Caps and Closures, Custom Dispensing Caps and Closures),

Clip
(Single Clip, Double Clip),

Packaging Type
(Jars, Tube, Bottles, Others),

Seal Type
(Arc Seal, Valve Seal, Flat or Linear Seal, Land Seal, Plug Seal, Combination Land and Valve Seal, Others),

Technology
(Dispensing Valve Technology, Dual Dispensing Technology, Others),

End User
(Water, Carbonated Soft Drinks, Juices, Dairy Products, Edible Oil, Soya Sauce, Fish Sauce, Vinegar, Syrup/Concentrate, Others)

Country
(Singapore, Malaysia, Indonesia, Thailand, Philippines, Vietnam, Myanmar, Rest of Southeast Asia)

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