Title: Caps and Closures Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (2022 - 2027)
1Caps and Closures Market - Industry Analysis,
Market Size, Share, Trends, Application Analysis,
Growth And Forecast (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
- 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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By Distribution Channel- Segment Analysis 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. Caps and closures provide a
safe, secure way to ship medicines and small
consumer items, offering additional protection
when goods are transported inside custom
cardboard boxes.
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- Caps and Closures Market 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 - Forecast
(2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Report/19083/caps-and
-closures-market
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We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
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