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Global Plastic Caps And Closures Market Report: Industry Overview, Research Insights, CAGR Status, New Trends, And Future Prospects
Plastic Caps And Closures Market
The countries covered in the global plastic caps and closures market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global plastic caps and closures market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The plastic caps and closures market consists of sales of plastic caps and closure products by entities (organizations, sole traders, or partnerships) that are mainly produced from high-density polyethylene (HDPE) and polypropylene (PP). Plastic caps and closures are the final elements of the packaging process that are used in a variety of applications such as beverage packaging, non-food packaging, and cosmetic packaging.
The global plastic caps and closures market is expected to grow from $37.01 billion in 2020 to $39.74 billion in 2021 at a compound annual growth rate (CAGR) of 7.4%. The growth in the plastic caps and closures market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $52.31 billion in 2025 at a CAGR of 7.1%.
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Global plastic caps and closures market segmentation in TBRC’s report is:
1) By Product Type: Screw Caps, Dispensing Caps, Others
2) By Materials: Polypropylene, Polystyrene, Polyethylene, Others
3) By End-User: Pharmaceutical, Personal Care, Food And Beverages, Others
Major players in the plastic caps and closures market are Berry Global Inc, Guala Closures Group, BERICAP, O.Berk Company, United Caps, Caps & Closures Pty Ltd., Pano Cap Limited, Plastic Closures Ltd., Cap & Seal Pvt. Ltd, Phoenix Closure, Hicap Closures, and MJS Packaging.
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The Table of Contents includes:
1. Executive Summary
2. Plastic Caps And Closures Market Characteristics
3. Plastic Caps And Closures Market Trends And Strategies
4. Impact Of COVID-19 On Plastic Caps And Closures
5. Plastic Caps And Closures Market Size And Growth
.....
27. Plastic Caps And Closures Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Plastic Caps And Closures Market
29. Plastic Caps And Closures Market Future Outlook and Potential Analysis
30. Appendix
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