Press release
Aluminum Caps and Closures Market Huge Growth, Latest Trends And Demand Forecasts By: Guala Closures Group, Crown Holdings, Inc., Silgan Holdings Inc, Amcor, Closure Systems International (CSI), And Others
Aluminum Caps and Closures Market
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Aluminum Caps and Closures Market is expected to reach USD 5.42 billion by 2025, from USD 7.10 billion in 2017 growing at a CAGR of 4.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Aluminum Caps and Closures use in various industries including beverages, food, pharmaceuticals, personal & homecare and others. According to State of the Specialty Food Industry, food industry is growing at a strong clip with sales hit USD 127.0 billion and a 15.0% jump in total sales between 2014 and 2016.
Furthermore, According to International Trade Administration, in 2015, Australia’s total personal care and cosmetics market is estimated at USD 3.4 billion, with over 70.0% of all consumption imported. Furthermore, Australia’s personal care and cosmetics markets, with the overall market conservatively estimated to grow by 4.0% per annum in 2017 and 2018. Thus increasing demand from end-user is driving factor for the aluminum caps and closures.
Aluminum Caps and Closures Market Key Market Competitors:
The key players operating in the global aluminum caps and closures market are –
• Crown Holdings
• Silgan Holdings
• Amcor
• Guala Closures
• Closure Systems International,
• Alcopack Group,
• Herti JSC,
• Torrent Closures,
• Cap & Seal Pvt. Ltd.,
• Federfin Tech S.R.L.,
• Osias Berk Company,
• ITC Packaging,
• Dyzdn Metal Packaging,
• Shangyu Sanyou Electro-Chemical Aluminum Products,
• Alameda Packaging,
• EMA Pharmaceuticals,
• J.G. Finneran Associates,
• Alupac India,
• Alutop, Hicap Closures,
• Manaksia Limited,
• MJS Packaging,
• Integrated Caps,
• Global Closure Systems,
• KGS & Co
• among others.
Competitive Analysis:
The global aluminum caps and closures market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of spray adhesives market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In, December 2014, Herti Launched sparkling wine closure. This closure keeps internal pressure of up to four bars and suits a range of sparkling wines.
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Market Drivers:
• Growing demand for convenience
• Worries about product safety and security
• Product differentiation and branding
• Decreasing pack sizes
Market Restraints:
• Availability of substitutes
• Matured markets
Table Of Contents:
• Market Introduction
• Executive Summary
• Industry Overview
• Market Development
• Production/Services
• Global, By Component
• Demand
• Sales Revenue
• Cost
• Gross Margin
• Application / End-User Segment
• Delivery
• Industry Type
• Geography
• Overview
• Market Overview
• Market Segmentation
• Premium Insights
• Regional Market
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
• Company Landscape
• Company Profiles
• Related Reports
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Aluminum Caps and Closures Market Segmentation:
By Product Type:
• Roll-On Pilfer-Proof (ROPP) Caps
• Easy-Open Can Ends
• Non-Refillable Closures
• Others
By Geography:
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
By End-Use Sector:
• Beverage
• Food
• Pharmaceutical
• Home & Personal Care
• Others
Highlights of the Report:
• Important changes in market
• Past, current, and predictable size of the market from the position of both value and volume
• Major Market Segmentation By Product/ Services, Type, Technology , Application, Geography
• Major Drivers & Restraint In Market
• Niche segments and Regional markets
• Trends of key regional and country-level markets for processes, derivative and application
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key companies
• Recommendations to companies for strengthening their position in the market
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
Customization Options:
• All segmentation provided above in this report is represented at country level and can be customized according to needs.
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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