Plastic Caps and Closures Market 2023 - PowerPoint PPT Presentation

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Plastic Caps and Closures Market 2023

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[185 Pages Report] Plastic Caps and Closures Market research report categorizes the global market by Product Type (Screw-on Caps, Dispensing Caps), Technology (Injection Molding, Compression Molding, Post-mold TE Band), Raw Material (PP, HDPE, LDPE), End-use Sector (Beverages, Food), Region – PowerPoint PPT presentation

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Title: Plastic Caps and Closures Market 2023


1
Plastic Caps and Closures Market to Exceed 51.67
Billion USD by 2023
2
  • The report "Plastic Caps and Closures Market by
    Product Type (Screw-on Caps, Dispensing Caps),
    Technology (Injection Molding, Compression
    Molding, Post-mold TE Band), Raw Material (PP,
    HDPE, LDPE), End-use Sector (Beverages, Food),
    Region - Global Forecast to 2023", The plastic
    caps and closures market size is projected to
    grow from USD 40.52 Billion in 2018 to USD 51.67
    Billion by 2023, at a CAGR of 4.99. This market
    is witnessing considerable growth due to
    increasing demand for convenience packaging and
    growing concerns about product safety and
    security. Growing demand for bottled water and
    from end-use industries such as beverages,
    pharmaceuticals, food, and home personal care
    is the key factor driving the growth of the
    plastic caps and closures market.

3
  • Browse 220 market data Tables and 30 Figures
    spread through 185 Pages and in-depth TOC
    on "Plastic Caps and Closures Market by Product
    Type (Screw-on Caps, Dispensing Caps), Technology
    (Injection Molding, Compression Molding,
    Post-mold TE Band), Raw Material (PP, HDPE,
    LDPE), End-use Sector (Beverages, Food), Region -
    Global Forecast to 2023" https//www.marketsandma
    rkets.com/Market-Reports/plastic-caps-closure-mark
    et-132939537.html Early buyers will receive 10
    customization on this report.
  • Screw-on caps segment is projected to grow at the
    highest rate during the forecast period.
  • The screw-on caps segment is projected to grow at
    the highest CAGR during the forecast period.
    Screw-on caps are tamper evident and thus find
    wide-scale application in food beverage and
    pharmaceutical industries. They are a reliable
    option for packaging of beverages and for
    pharmaceutical products. The other advantage
    associated with screw-on caps is that they are
    cost-effective packaging solutions compared to
    cork and others, and also provide more room for
    logos, graphics, and other design elements.

4
In the container type segment, plastic is
projected to grow at the highest rate during the
forecast period. The plastic container segment
is projected to be the fastest-growing end-use
sector over the next five years. Plastic
containers are economical and light in weight.
They are widely used for packaging CSDs and
bottled water owing to their cost-effective
nature. The growing demand for CSD and bottled
water is driving the demand for plastic
containers. Asia Pacific accounted for the
largest market share in 2017 and is projected to
grow at the highest CAGR during the forecast
period. The Asia Pacific region accounted for
the largest market share in 2017 and is projected
to grow at the highest CAGR from 2018 to 2023.
The market in China is expected to grow at the
highest CAGR during the forecast period. The
growth in the Asia Pacific region is supported by
the improving economic conditions, continuous
improvements in government budgets, rising number
of standards in building codes, positive
demographic outlook such as the increasing
population and rising per capita income, and the
growing food beverage industry in the region.
5
The major players in the plastic caps closures
market include Berry Group (US) Crown Holding
(US), AptarGroup (US), Amcor (Australia), Coral
Products (UK), Closure Systems International
(US), BERICAP (Germany), Silgan Holdings (US),
and RPC Group (UK). Other players in this market
include United Caps (Luxembourg), Caps Closures
Pty Ltd (Australia), Caprite Australia Pty. Ltd
(Australia), Pano Caps (Canada), Plastic Closures
Limited (UK), Cap Seal Pvt. Ltd (India),
Phoenix Closures (US), ALUPAC-INDIA (India),
Helicap Closures (China), and MJS Packaging
(US). For more information on report at,
https//www.marketsandmarkets.com/speaktoanalyst.a
sp?id132939537
6
About MarketsandMarkets
MarketsandMarkets provides quantified B2B
research on 30,000 high growth niche
opportunities/threats which will impact 70 to
80 of worldwide companies revenues. Currently
servicing 7500 customers worldwide including 80
of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight
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decisions. MarketsandMarketss flagship
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platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche markets.
7
Contact Mr. Shelly Singh MarketsandMarkets
INC.  630 Dundee Road  Suite 430  Northbrook, IL
60062  USA 1-888-600-6441  sales_at_marketsandmarke
ts.com
https//www.marketsandmarkets.com/Market-Reports/p
lastic-caps-closure-market-132939537.html
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