openPR Logo
Press release

Double Wall Caps & Closures Market Industry KnowHow By 2024

Double Wall Caps & Closures Market Industry KnowHow By 2024

Caps & closure has become a vital part for beverages packaging as it protects the product from any type of damage or contamination during transit, consumption or storage. The major concern for beverage manufacturers is to achieve the highest degree of product safety at every stage of product lifecycle.

Double wall caps & closures is primarily used for packaging cosmetics products & perishable goods such as food & beverages items, pharmaceutical products and chemicals. Generally, double wall caps & closure consist of two caps, one is inside and other cap appear to be the same diameter as the bottle. Double wall caps & closures are primarily made with plastic and metal. The rising demand for packaging from cosmetics and beverages industry is anticipated to fuel the growth of double wall caps & closure market over the forecast period.

Double Wall Caps & Closures Market- Market Segmentation:
The global double wall caps & closures market can be segmented on the basis of material, product type and end use. On the basis of material, double wall caps & closures market can be segmented into Plastic, Metal and Others (wood, rubber, paper).

Obtain Report Details:
https://www.transparencymarketresearch.com/double-wall-caps-closures-market.html

Adding to this plastic is further segmented into Polypropylene, Polyethylene, Polystyrene, and other resins. Metal is further segmented into aluminum and steel. Plastic currently accounts for majority of share both in terms of value and volume in the global double wall caps & closure market and is expected to hold its dominating position over the forecast period.

On the basis of product type, double wall caps & closure can be segmented into flip top, push down and push pull. On the basis of end use double wall caps & closure is segmented into food & beverages industry, cosmetic industry, pharmaceutical and chemical industry. Among the end use segment food & beverages is expected to register the strong revenue growth over the forecast period.

Double Wall Caps & Closures Market - Market Dynamics:
One of the significant factors contributing towards the growth of the double wall caps & closures market is the growing demand from food & beverages sector and is expected to grow at the same rate as the beverages industry.

Moreover, the growing preference for easy to use cosmetics across the globe has escalated the demand for plastic & metal cosmetic packaging, which in turn is expected to augment the sale of double wall caps & closure market over the forecast period. Furthermore, burgeoning trend of ready to drink beverages is further expected to propel the demand for double wall caps and closure market.

The recent trend in the caps and closures market including the double wall caps & closures market is the customization, as manufacturer across the globe are focusing on innovative technology & are engaged in providing customized service for different shape, size and ingredients. Largely, manufacturers develops double wall caps & closure for bulk orders.

However, global double wall caps & closure market is highly fragmented in nature, due to ease of entrance. The availability of double wall caps & closure at a lower price by local and regional player is hampering the growth of multinational players.

Double Wall Caps & Closures Market - Regional Outlook
Geographically, the global double wall caps and closure market is segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and the Middle East & Africa (MEA).

The global double wall caps and closure market is expected to witness a significant CAGR over the forecast period of 2016-2024. APAC is expected to dominate the global double wall caps and closures market due to growing food & beverages market.

Moreover, the growth of the retail sector in the developing economies such as India & China is expected to further boost the sales of double wall caps & closure market in Asia Pacific by the end of the forecast period of 2016-2024. Europe and North America are expected to witness a healthy growth in the double wall caps & closures market over the forecast period. MEA is expected to witness a steady growth during the forecast period.

Make Enquiry @
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=18320

Double Wall Caps & Closures Market - Major Players:
Some of the major players identified across the globe in the double wall caps & closures market are Verbeeck Packaging NV, IntraPac International Corporation, Olcott Plastics, Inc., Phoenix Closures, Inc., Plastic Closures Ltd., Weener Plastik GmbH, Maynard & Harris Group Limited, Parkway Plastic Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact TMR

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:sales@transparencymarketresearch.com
Website:http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Double Wall Caps & Closures Market Industry KnowHow By 2024 here

News-ID: 872865 • Views: 122

More Releases from Transparency Market Research

Market Intelligence Report on Calcite Market, 2018-2028
Sales of calcite have witnessed utter proliferation in recent time, in line with the growing demand from paper and pulp sector wherein calcite is highly adopted as a coating and filler material. According to Transparency Market Research analysis, global calcite market is anticipated to register 4.7% CAGR during the study period 2018–2028. The TMR report opines that demand for calcite is highly driven by its significant properties that are paving way
Pearlescent Pigments Market Intelligence Report Offers Growth Prospects
The demand within the global pearlescent pigment market is slated to rise as new creative avenues emerge in the art and craft industry. Several artists have increased the consumption of pearlescent pigments, mainly due to the aesthetic value of these pigments in art forms. The use of these pigments can majorly be attributed to the gloss and shine imparted by these pigments to the design or craft. These pigments exhibit
Aragonite Market to Witness Steady Growth During the Forecast Period 2018-2026
Global Aragonite Market: Overview Aragonite is a carbonate mineral having an orthorhombic crystal system, and very closely resembles calcite. It is considered as the purest form of calcium carbonate. The mineral has garnered wide popularity as gemstone in various parts of the world and has promising healing properties with energy enhancing powers. Aragonite contains traces of magnesium and sand inclusion but rich in calcium carbonate, and is alkaline in nature. It
OEM Insulation Market Growth, Trends and Value Chain 2019-2027 by TMR
OEM Insulation Market – Overview OEM means Original Equipment Manufacturer that indicates to a company that produces a part or a subsystem of a product that is being used by another organization. Thermal insulation or simply insulation allows the product to cut down the heat gain or loss at the minimum by creating a barrier between the surfaces at the varying temperatures. There are wide range of applications and end-use verticals

All 5 Releases


More Releases for Double

Global Double Glazing Glass Market Size & Forecasts
According to a new market research report published by Global Market Estimates, the Global Double Glazing Glass Market is expected to grow at a CAGR of 5.06% during the forecast period (2020-2026). Browse 187 Market Data Tables and 140 Figures spread through 196 Pages on " Global Double Glazing Glass Market - Forecasts to 2026" https://www.globalmarketestimates.com/market-report/global-double-glazing-glass-market-2380 By Type of Material (Glass, Frame and Spacer, Sealant, and Other materials); By Type
Double-walled Tub
Orbis Research has announced the addition of the “Pack-Track Seize Plus Adapt Case Study: Wider opportunities for a double-walled tub” to store by company, by country, and by application/type for the competitive landscape analysis. Pack-Track Seize+Adapt Case Study: Wider opportunities for a double-walled tub", uses GlobalData's Pack-Track packaging innovation tool to take a closer look at a pack format currently used in South Korea by Binggrae for The Excellent ice cream
Tea Polyphenols Market globally double by 2024
Tea Polyphenols Market: Overview Tea polyphenols are chemical compounds which are derived from tea leaves. Tea polyphenols consists of the aflavins, tannins, catechins, and flavonoids. Oolong tea, green tea, and black tea are derived from the Camellia Sinensis, same plant, but treated in another way. Oolong tea consist partially oxidized tea leaves, black tea consists of totally oxidized tea leaves, and green tea comprise of tea leaves that have not oxidized.
Thailand aims to double tourism by 2014
The Tourism Authority of Thailand (TAT) has unveiled ambitious plans to double tourist arrivals to the Kingdom over the next two years. Armed with a budget of 500 million baht (US$16.4 million) and a new campaign slogan, “The miracle years of amazing Thailand”, TAT will attempt to double arrivals to thirty million per year, whilst also increasing income from tourism to 2 trillion baht (US$65.5 billion) per annum. TAT has already earmarked
MUENCH double at FIM e-bike Championship
Himmelmann and Mertens complete home success. The German e-bike team MUENCH racing was able to celebrate their third individual success during the 2nd FIM e-Power International Championship race on Saturday May 14th, 2011. What a great accomplishment the team was able to realize last weekend. Both MUENCH racing drivers ranked under the top three, Matthias Himmelmann placing first and Thomas Mertens finishing second. During the qualifying number 49 Matthias Himmelmann was
Double Gold for Otto Bock
Presentation of the iF product design and iF material awards at CeBIT in Hanover Double gold for Otto Bock at the presentation of the iF product design and iF material awards 2011: the third generation of the Avantgarde active wheelchair series recently received the iF product design award in gold at CeBIT in Hanover. The iF material award in gold was also presented for SKINGUARD® carbon resin, which is used in