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Global Plastic Caps and Closure Market Opportunity and Forecast 2017-2023: Market to Reach $48 Billion in 2023, from $35 Billion in 2017

Dublin, Dec. 19, 2018 (GLOBE NEWSWIRE) -- The "Plastic Caps and Closure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.

The global plastic caps and closure market was worth US$ 35.2 Billion in 2017

Caps and closures are the final components of the packaging process, they also represent one of the most important parts of the entire process on which the product integrity depends upon. Plastic caps and closures are crucial components in product packaging and play a key role in enhancing the aesthetics and functionality of the products. They are currently used across a number of different industries such as pharmaceuticals, food and beverages, cosmetic products, household goods, etc.

The demand of plastic caps and closures is currently exhibiting strong growth. Plastic caps and closures offer significant advantages over caps and closures made up of other materials such as metal, rubber, etc. Plastic is more economical, versatile, durable, light and resistant to corrosion. Moreover, driven by its lighter weight, it results into a lower transportation cost. PET, PP, HDPE, LDPE, etc. are some of the primary raw materials used in making plastics caps and closures.

Beverages currently represent the biggest end use sector for plastic caps and closures. We expect the global beverages market to grow at a CAGR of 3% over the next five years creating a positive impact on the demand of caps and closures. The popularity of plastic in beverage caps and closures has been increasing driven by its cost-effectiveness, durability, customizability and chemical stability.

Apart from alcoholic and non-alcoholic beverages, the demand of plastic caps and closures is also increasing in numerous other end use industries such as chemicals, food, pharmaceuticals, cosmetics, etc.

Looking forward, the market value is projected to reach US$ 48.3 Billion by 2023, expanding at a CAGR of around 5% during 2018-2023.

Key Topics Covered:

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Plastic Caps and Closures Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Raw Material
5.5 Market Breakup by Container Type
5.6 Market Breakup by Technology
5.7 Market Breakup by End-Use
5.8 Market Breakup by Region
5.9 Market Forecast
5.10 SWOT Analysis
5.11 Value Chain Analysis
5.11.1 Overview
5.11.2 Research and Development
5.11.3 Raw Material Procurement
5.11.4 Manufacturing
5.11.5 Marketing
5.11.6 Distribution
5.11.7 End-Use
5.12 Porters Five Forces Analysis
5.13 Price Analysis
5.13.1 Price Trends
5.13.2 Price Indicators
5.13.3 Margins Analysis

6 Market Breakup by Product Type
6.1 Screw-On Caps
6.2 Dispensing Caps
6.3 Others

7 Market Breakup by Raw Material
7.1 PET
7.2 PP
7.3 HDPE
7.4 LDPE
7.5 Others

8 Market Breakup by Container Type
8.1 Plastic
8.2 Glass
8.3 Others

9 Market Breakup by Technology
9.1 Injection Molding
9.2 Compression Molding
9.3 Post-Mold Tamper-Evident Band

10 Market Breakup by End-Use
10.1 Beverages
10.2 Industrial Chemicals
10.3 Food
10.4 Cosmetics
10.5 Household Chemicals
10.6 Pharmaceuticals
10.7 Others

11 Market Breakup by Region

12 Plastic Caps & Closures Manufacturing Process
12.1 Product Overview
12.2 Raw Material Requirements
12.3 Manufacturing Process
12.4 Key Success and Risk Factors

13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Berry Global
13.3.2 Amcor
13.3.3 Crown Holdings
13.3.4 Silgan Holdings
13.3.5 RPC Group
13.3.6 Bericap
13.3.7 AptarGroup, Inc
13.3.8 Closure Systems International
13.3.9 Coral Products
13.3.10 O.Berk Company, LLC
13.3.11 United Caps
13.3.12 Caps & Closures Pty Ltd
13.3.13 Caprite Australia Pty. Ltd
13.3.14 Pano Cap (Canada) Limited
13.3.15 Plastic Closures Limited
13.3.16 Cap & Seal Pvt. Ltd
13.3.17 Phoenix Closures
13.3.18 Alupac India
13.3.19 Hicap Closures
13.3.20 MJS Packaging

For more information about this report visit https://www.researchandmarkets.com/research/snvmww/global_plastic?w=12

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                  Related Topics: Plastics, Plastic Packaging 
                  

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