Press release
Plastic Caps And Closure Market Global Outlook 2021-2026: are CSI, Bericap, Berry Plastics, Alila, THC, Silgan
The report presents an in-depth assessment of the Plastic Caps And Closure Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles, and strategies. The report also presents forecasts for Plastic Caps And Closure investments from 2021 till 2025. This research report also provides post COVID-19 impact analysis of the Plastic Caps And Closure industry.The plastic caps and closures market was valued at 1584.63 billion units in 2019 and is expected to reach 2049.6 billion units by 2026, at a CAGR of 4.6% over the forecast period 2021 - 2026
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Top Companies in the Global Plastic Caps And Closure Market are CSI, Bericap, Berry Plastics, Alila, THC, Silgan, Crown, GCS, Aptar Group, Oriental Containers, Mold Rite Plastics, Blackhawk Molding, Mocap, Zijiang, Jinfu, ZhongFu and Other
Industry News and Updates:
October 23, 2020: Closure Systems International (CSI) is proud to partner with Coca-Cola to introduce a revolutionary beverage closure made of 30% post-consumer recycled content (PCR).Coca-Cola’s Dasani bottled water brand using CSI’s PCR beverage closure was announced the winner of the 2020 Caps & Closures Innovation Award at the Plastics News' Plastics Caps & Closures annual conference on September 25.
February 2019 - Aptar launched a dispensing closure made of post-consumer recycled resin. In Europe, the company is using 50% of recycled PC in the manufacturing of dispensing closure, ensuring the global transition to a circular economy and a sustainable future.
This report segments the global Plastic Caps And Closure Market on the basis of Types are:
PP Caps
PE Caps
Other Materials
On the basis of Application, the Global Plastic Caps And Closure Market is segmented into:
Beverage Industrial
Pharmaceutical Industrial
Personal Care Products
Others
North America to Occupy Major Share
- The food industry is one of the major contributors to the caps and closures market in the region. Consumers are becoming more health-conscious, and the demand for the healthy beverages is on the rise along with raising personal incomes have made bottled water a more accessible convenience for the individuals and is boosting factor for the growth of caps and closures market.
- Food products stored in bottles are being protected through various kinds of airtight plastic closures. Metal caps or closures are also used for the storage of food products, such as grains, typically stored in glass containers. The United States is the second-largest food market across the world, and it is expected to account for a considerably high share of the caps and closures market.
- In the United States and Canada, retail shelf packaging is growing popular, owing to the changing lifestyles of the people. This faster pace of lifestyle is expected to further fuel the growth of sales through retail channels.
- This trend is further bolstered by the growing millennial population in the workforce. Millennial population in the United States is found to work across flexible work hours, which further bolsters the demand for on-the-go foods, which is expected to drive the market for caps and closure (owing to increase in packaged food).
The APAC plastic covers and terminations market is portioned as China, Japan, India, South Korea, Australia, and the Rest of APAC. In addition, APAC is projected to proceed with its strength over the market until 2025. Expanding populace, industrialization, and urbanization are enlarging the plastic covers and terminations market development. China's development as a worldwide assembling center point has expanded the interest for plastic covers and terminations. Modest work and simple accessibility of crude materials support the creation of these items in the district.
Regions are covered By Plastic Caps And Closure Market
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 etc)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Explore Full Report With Detailed TOC Here:
https://www.marketinsightsreports.com/reports/03252756215/global-plastic-caps-and-closure-market-growth-2021-2026?Mode=74
Table of Content:-
Chapter 1 Industry Overview of PLASTIC CAPS AND CLOSURE Market
Chapter 2 Manufacturing Cost Structure Analysis
Chapter 3 Technical Data and Manufacturing Plants Analysis
Chapter 4 Global PLASTIC CAPS AND CLOSURE Market Overview
Chapter 5 Overview of Regional Market Analysis
Chapter 6 Major Manufacturers PLASTIC CAPS AND CLOSURE Market
Chapter 7 Development, Trend, Analysis of Market
Chapter 8 Segmentation Analysis by Marketing Type
Chapter 9 Application Analysis by Marketing Type
Chapter 10 Conclusion of PLASTIC CAPS AND CLOSURE Market Professional Survey Report 2018.
Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain have been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
Contact US :
Irfan Tamboli (Head of Sales)
Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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