End Caps Market to Incur Steady Growth During 2017-2027

Global End Caps Market: Introduction:

Consumers are increasingly demanding the need for easy handling and convenient packaging which provides ease in consuming the products. Also, with increasing production of the bottle, jars, and flexible pouches it is fueling the demand for end caps market. End caps are popularly used for rigid packaging products across beverages, cosmetics, chemical, pharmaceutical industries and much more. More than 20% of the rigid packaging products require end caps, to increase the shelf life of the product or provide a barrier against external components and gases. Manufacturers use end caps as a branding platform for rendering the name of the products on end caps; this helps in the impulse purchase of the products. Such end caps are broadly used for beverages products which act as a promoting instrument for the product.

Traditionally tin and aluminum end caps were largely preferred by packaging manufacturer, but lately plastic material is gradually replacing metal end caps material. Such changing preference is due to the plastic properties which are light in weight and as cheap to produce as compared to metal end caps. The manufacturer operating in the region of North America, extensively use plastic end caps as a closure of bottles, jars, etc. Moreover, APEJ end caps market are large producers of plastic caps which is further expected to surge in demand over the forecast period.

Global End Caps Market - Market Dynamics:

Increasing health awareness among the consumers has made manufacturers focus more on producing sterilized proof end caps. Such sterilized proof end caps prevent from air and oxygen from entering the product which aids in increasing the shelf life of the product. This factor has helped in increasing the application use of end caps across multiple industries. These sterilized end caps are primarily driving the growth of the global end caps across developed regions of North America and Western Europe. For instance, the European manufacturer of end caps that are Portola Packaging extensively focuses on producing aseptic end caps which is gaining traction across the region of Western Europe.

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Also, better availability of raw material such as resin is rendering the manufacturer to prefer producing plastic end caps over metal. On the flip side, manufacturers of plastic end caps face regulatory challenges which are hampering the growth of end caps market.

Global End Caps Market - Market Segmentation:

Global end caps market is segmented into end caps type, material type, technology type, end user. On the basis of end caps type the global end caps market is segmented into screw caps, dispensing caps. On the basis of material type the global end caps market is segmented into plastic and metal. Further plastic is sub-segmented into polypropylene (PP), polyethylene (PE), polyethylene terephthalate (PET), polystyrene (PS), polyvinyl chloride (PVC), others. Whereas, metal is sub-segmented into aluminum and tin. On the basis of technology type the global end caps market is segmented into extrusion and injection molding. On the basis of end user basis the global end caps is segmented into food and beverages, pharmaceutical, general industries, industrial chemical, automotive, cosmetics, personal care and household, others.

Global End Caps Market - Regional Outlook:

North America
Latin America
Eastern Europe
Western Europe
Asia Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
Japan

The global end caps market is extensively consumed in the regions of APEJ wherein India, and China is among the top consumers. With increasing consumption of food & beverages, chemical industries it is fueling the demand for end caps market across the regions of Europe and North America.

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Moreover, the regions of APEJ is anticipated to maintain a sustainable growth over the forecast period.

End Caps Market – Key Players:

Some of the key players operating in the global end caps market include Portola Packaging, Essentra Pty Ltd, Weener Plastic Packaging Group, Massilly North America Inc., Crown Holding, Inc., Ardagh Group, United Caps, Guala Closures Group, Caplugs, MJS Packaging, Mocap .

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This release was published on openPR.