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COVID-19: Impact on Caps and Closures Market is Generating Revenue of $56,057 Million by 2022

06-18-2020 06:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Caps and Closures Market

Caps and Closures Market

According to a new report published by Allied Market Research, titled, "Caps and Closures Market by Product Type (Easy-open Can Ends, Metal Lug Closures, Peel-off Foils, Plastic Screw Closures, Metal Crowns, Metal Screw Closures, Corks, Plastic Screw Closures, and Others), by Application (Beer, Wine, Bottled Water, Carbonated Soft Drinks, and Others) - Global Opportunity Analysis and Industry Forecast, 2014-2022" The report has offered an all-inclusive analysis of the global Caps and Closures Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.

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Caps & Closures Market is expected to reach $56,057 million by 2022 from $39,200 million in 2015, registering a CAGR of 5.3% from 2016 to 2022. The bottled water and non-alcoholic beverage application segments are expected to grow at significant CAGRs of 5.9% and 5.6%, respectively, in terms of revenue.

Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

The report presents in-depth insights into each of the product type, application, distribution channel, and region. verticals along with annual forecasts to 2022. The report provides revenue forecast with sales, and sales growth rate of the global Caps and Closures market. The forecasts are also provided with respect to the product type, application, distribution channel, and region segments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.

The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Top 10 leading companies in the global Caps and Closures market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and Caps and Closures products and services. The key players operating in the global Caps and Closures industry include 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).

Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.

Key Benefits
• The report provides a qualitative and quantitative analysis of the current Caps and Closures market trends, forecasts, and market size from 2014 to 2022 to determine the prevailing opportunities.
• Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Top impacting factors & major investment pockets are highlighted in the research.
• The major countries in each region are analyzed and their revenue contribution is mentioned.
• The market report also provides an understanding of the current position of the market players active in the Caps and Closures industry.

Highlights of the Report
• Competitive landscape of the Caps and Closures Market.
• Revenue generated by each segment of the Caps and Closures market by 2022.
• Factors expected to drive and create new opportunities in the Caps and Closures industry.
• Strategies to gain sustainable growth of the market.
• Region that would create lucrative business opportunities during the forecast period.
• Top impacting factors of the Caps and Closures market.

Access Full Report Summary:


David Correa
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About Us

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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