Title: Caps and Closures Market - Forecast (2022 - 2027)
1Caps and Closures MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Caps and Closures Market size is forecast to
reach US85.3 billion by 2027, after growing at a
CAGR of 5.3 during 2022-2027. - Caps and closures are plastic packaging on top of
bottles, jars, tubes, cans, and so on. - Caps and closures are of different types such as
screw top, corks, metal crowns, Snap-On, friction
fit, tamper-evident, and dispersing. - Caps and closures find a broad range of
applications in numerous industries such as
beverages, cosmetics, and pharmaceuticals.
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- Key Takeaways
- Asia Pacific dominates the caps and closures
market owing to a rapid increase in the packaging
sector. - Rising demand for bottled water is expected to
drive the demand for caps and closures over the
forecast period. - The growing demand for pharmaceutical packaging
is driving the market for caps and closures
during the forecast period. - Stringent government regulation on banning
polymer products is hampering the market growth.
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- Caps and Closures Market Segment Analysis -
By Material Type - The plastic segment holds the largest share in
the caps and closures market in 2021 and is
forecast to grow at 5.6 CAGR during 2022-2027. - Caps and closures are made using several types
of rugged polymers, including polyethylene
terephthalate (PET), Polypropylene (PP),
High-Density Polyethylene (HDPE), Low-density
polyethylene (LDPE), and others.
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- Caps and Closures Industry Outlook
- RPC Group Plc (UK)
- Reynolds Group Holdings Limited (New Zealand)
- Crown Holdings Inc. (U.S.)
- Amcor Limited (Australia)
- Rexam PLC (UK)
- Berry Plastics Corporation (U.S.)
- Silgan Holdings Inc. (U.S.)
- AptarGroup Inc. (U.S.)
- Guala Closures Group (Italy)
- BERICAP GmbH Co. KG (Germany).
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Caps and Closures Market Learn More About the
Report _at_ https//www.industryarc.com/Report/190
83/caps-and-closures-market
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- Data Tables
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Contact (1) 970-236-3677
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