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Plastic Caps And Closure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2031 | Berry Global Inc, Guala Closures Group, BERICAP, O.Berk Company, United Caps

Plastic Caps And Closures Market

Plastic Caps And Closures Market

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The global plastic caps and closures market report by the business research company an increase in demand for bottled water from consumers across the globe is driving the plastic caps and closures market to be a major growth driver for the Plastic Caps And Closures market. The bottled water is sealed with plastic caps and closures to prevent spillage, facilitate easy transportation and extend shelf life. The demand for bottled water is increasing due to the rise in awareness of water contamination and safety concerns.

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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The plastic caps and closures market is expected to reach $52.31 billion in 2025 at a CAGR of 7.1%.

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Asia Pacific was the largest region in the plastic caps and closures market in 2020. The regions covered in the plastic caps and closures market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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.

The global plastic caps and closures market is segmented -
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

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The Plastic Caps And Closures Market Report Contents Include
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
....
26. Africa Plastic Caps And Closures Market
27. Plastic Caps And Closures Market Competitive Landscape And Company Profiles
28. Plastic Caps And Closures Pipeline Analysis
29. Key Mergers And Acquisitions In The Plastic Caps And Closures Market
30. Plastic Caps And Closures Market Future Outlook and Potential Analysis
31. Appendix

This report covers the trends and market dynamics of the Plastic Caps And Closures market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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