Plastic Caps and Closures Market Scope
MarketsandMarkets™ has published a brand-new report titled Plastic Caps and Closures Market: By Size, Trends, Share, Growth, Segments, Industry Analysis and Forecast, 2025 that includes extensive information and analysis of the industry dynamics. The opportunities and challenges in the report’s dynamical trends might be useful for the worldwide Plastic Caps and Closures Market. The study provides an outline of the market’s foundation and organizational structure and forecasts an increase in market share. The study offers a comprehensive analysis of the cap market size, present revenue, regular deliverables, share, and profit projections. The study report includes a sizable database on future market forecasting based on an examination of previous data.
The global plastic caps and closures market size is projected to grow from USD 44.3 billion in 2020 to USD 57.0 billion by 2025, at a CAGR of 5.2% between 2020 and 2025.
Plastic caps and closure refer to the final components of the packaging process that are mainly designed for sealing multiple types of containers and bottles. They are generally manufactured using leakproof and superior quality plastic materials and used to maintain the product integrity by keeping the content fresh and clean. Some of the commonly utilized plastic caps and closure include flip-top bottle, disc top, screw bottle, classic bottle over, double-twisting nozzle pull and double button that are used in a wide range of packaging applications, such as personal care products, liquid medicines and beverages.
Download PDF @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=132939537
Why Choose MNM?
Authentic Method: To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Agile Approach: A faster and efficient way to cater to the needs with continuous iteration
Targeted Market View: Targeted market view to provide pertinent information and save time of readers
Analyst Support: For complete satisfaction of our customers
Customization: Customization of the report’s scope as needed to meet your requirements in full
Who are the leading players in Plastic Caps and Closures market?
The plastic caps and closures market is a highly competitive industry, with numerous vendors operating globally. Here are some of the key players in the market:
Berry Group (US)
Crown Holding (US)
AptarGroup (US)
Amcor (Australia)
BERICAP (Germany)
Coral Products (UK)
Silgan Holdings (US)
O.Berk Company
LLC (US)
Guala Closures (Italy)
United Caps (Luxembourg)
Caps & Closures Pty Ltd. (Australia)
Caprite Australia Pty Ltd. (Australia)
Pano Cap (Canada) Limited (Canada)
Plastic Closures Ltd. (UK)
Cap & Seal Pvt. Ltd. (India)
Phoenix Closures (US)
Alupac India (India)
Hicap Closures (China)
MJS Packaging (US)
J.L. Clark (US)
TriMas (US)
Comar, LLC (US)
Plastic Caps and Closures Market Segmentation
The plastic caps and closures market can be segmented based on various factors such as product type, container type, raw material, technology, end-use sector & region. Here are some common segmentation categories:
Based on the product type:
Screw-on caps
Dispensing caps
Others (double-wall closures, twist-on closures, and child-resistant closures)
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=132939537
The screw-on caps segment is projected to be the fastest-growing product type in the plastic caps & closures market during the forecast period.
A plastic screw closure is a well-engineered product that is screwed on and off on a container. These closures contain either continuous threads or lugs. It must be engineered and designed to be cost-effective, compatible with contents, easy to open; provide an effective seal; and should comply with the product, package, and environmental laws and regulations.
Based on the container type:
Plastic
Glass
Based on the raw material:
PP
HDPE
LDPE
Others (PET and PVC)
Based on the technology:
Post-mold TE band
Compression molding
Injection molding
Based on the end-use sector:
Beverage
Pharmaceutical
Food
Personal & homecare
Others (automotive and chemical)
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=132939537
The pharmaceutical industry is projected to register the highest CAGR during the forecast period.
It is very important to maintain the quality of pharmaceutical products during the manufacturing process. Pharmaceutical products can be contaminated through air particles, dust, and microorganisms. To avoid contamination, plastic caps & closures are used to seal the medicines in the pharmaceutical industry.
Based on the region:
APAC
Europe
North America
Middle East & Africa
South America
The North American region leads the plastic caps & closures market in terms of volume.
North America is projected to be the fastest-growing market for plastic caps & closures during the forecast period. The increase in consumption of CSDs and packaged food, high disposable income levels, and growth in demand for convenience food are supporting the market in North America.
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
[email protected]