Press release
Asia-Pacific Metal Caps & Closures Market Size, Share, Trends and Forecast To 2020-2026
Asia-Pacific metal caps & closures market is anticipated to grow due to the increased population coupled with the increasing disposable incomes in countries such as India and China. In these two countries, the increase in disposable income along with the paradigm shift of the consumers towards adopting enhanced and premium products enhances the growth of the metal caps and closures market in the region over the forecast period. Besides, as these caps and closures play a vital role in keeping consumables fresh for extended periods, these are likely to be heavily adopted by the food and beverage manufacturers during the forecast period.Get Free Sample Copy @ https://www.omrglobal.com/request-sample/asia-pacific-metal-caps-closures-market
Further, there also has been an increased demand for alcoholic as well as non-alcoholic beverages across the region. The rising number of millennials and changing preferences towards premium alcohol and non-alcohol products are likely to drive the market growth in the region. For instance, in 2019, it is stated by the International Wine and Spirits Record (IWSR) that China upsurged its wine imports by 8%. This is due to the increase in the number of young consumers choosing wine over baijiu. Whereas, older consumers switching to wine for various health benefits associated with it. Thus, the increase in wine consumption is likely to create a wide scope for the growth of the metal caps and closures market during the forecast period.
A Full Report of Asia-Pacific Metal Caps & Closures Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-metal-caps-closures-market
Market Coverage
Market number available for – 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- By Type, Application
Competitive Landscape- Amcor Plc, BKM Industries, Ltd., Closure Systems International, Nippon Closures Co. Ltd., Hercules Sdn Bhd., Sonoco Products Co., and WestRock Co
Asia-Pacific Metal Caps & Closures Market – Segmentation
By Type
Steel
Tin Plate
Aluminum
Others
By Application
Food & Beverages
Pharmaceuticals
Cosmetics & Personal Care
Chemicals & Paints
Others
Asia-Pacific Metal Caps & Closures Market – Countries Covered
China
India
Japan
Rest of Asia-Pacific
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-metal-caps-closures-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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