Caps and Closures Market Research Report - Forecast to 2023

1. Caps and Closures Market MarketResearch Report By Forecast To2023 Industry Survey, Growth, Competitive Landscape and Forecasts to2023 P R E P A R E DB Y Market ResearchFuture (Part of W antstats Research &Media Pvt.Ltd.)

2. Caps and Closures Market Market Research Report - Forecast to2023 Global Caps & Closures Market, By Material (Plastic, Metal, and others), By Type (Caps, Closures, Corks, Stoppers, Cans, and others), By End-User (Food & Beverage, Pharmaceutical, Cosmetics, Automotive and Others) And Region -Forecast2017-2023. Caps& closures play an important role in packaging, and they include containers such as caps, cans, and others. It helps in the process to extend shelf-life of the products and provide a barrier to dirt, moisture, and oxygen. Rising demand for bottled water and smaller packaging sizes from the end-user industries such as food, beverage, and healthcare, and rising concerns toward product quality and safety are someof the factors improving caps& closure market growth. Increasing use of packagingdriving the growth ofthe capsandclosuresmarket. Recent Trend shows that people are moving towards packed goods in the emerging countries such as India and China. Moreover, technological improvements, replacement of metal closures with glass or plastic food containers, such factors helps to use caps & closures for consumer products and in industrial applications, to protect, market, and distribute a variety of products. Global demand for caps& closure will advancedue to aworldwide trend favoring demand for packaged food products. According to study, caps & closures market is expected to reach the market size of USD65.12 billion by the endof forecastperiod with CAGRof~5.2%between 2017and2023. Factors such as increased consumption of processed foods & beverages, innovation in packaging, increasing demand from the end-user industries are some of the factors which pushed the market towards growth. However, Caps & Closures has various restraints that hinder the market growth such as fluctuating raw material prices and stringent regulations on packagingmaterial wasteandrecycling. Report Sample @ https://www.marketresearchfuture.com/sample_request/1265 2 www .marketresearchfuture.com

3. Caps and Closures Market Market Research Report - Forecast to2023 Segmentation -Caps and Closuresmarket The global caps & closures market is segmented into mainly three segments namely, by materials, type, and end users. Market categorization on the basisof product type includes caps,closures, corks, stoppers, cans,and others. Onthe basisof materials, it includes Plastic, Metal, and others. Plastic resin such as polypropylene (PP) and polyethylene (PE) are widely used with PPexpected to be the fastest-growing sub-segment. Light weighted, cost-effective, and can be used to package varioustypes of productsbelonging to different industries suchasfood &beverage,pharmaceutical,others. The increasing consumption of beverages and innovative packaging solutions are expected to drive the market. The shifting demand of consumers from carbonated soft drinks to bottled drinks is expected to fuel the demand for capsand closures in this segment. Theurbanized population is shifting toward healthy and safe packaged food and emerging economies such as India, China, and Brazil have changed their buying patterns by purchasing more packaged foods owing to the increasing disposableincomes. Akey trend is the growing preference for synthetic corks and screw caps over natural corks. Whereas, Heavy promotion of Go-green projects and eco-friendly concepts by government providing an opportunity to the caps and closure market. Further, the requirement of eco-friendly caps and closures, which use more recycled such as wood and paperboard are increasing.Byusingeco-friendlymaterials, canreducewastageandusedfor product differentiation andbrandbuilding. Caps & Closures can be used in many ways to enhance the durability of various components and products. The major raw materials used in the manufacturing of caps and closures are Plastic and metal. Capsand closures industry uses a different type of materials to construct suitable product packagings, such as plastics, metals, rubber, and paperboard. Plastic is chemically resistant, inexpensive and lightweight with awide range of physical and optical properties. In fact, many plastics are heat sealable, easy to print, and can be integrated into production processes where the package is formed, filled, and sealedin the sameproductionline. 3 www .marketresearchfuture.com

4. Caps and Closures Market Market Research Report - Forecast to2023 Segmentation 4 www .marketresearchfuture.com

5. Caps and Closures Market Market Research Report - Forecast to2023 Global Caps & Closures market: ByMaterial On the basis of geography, the market has been segmented into North America, Europe, Asia Geographically, Asia Pacific dominates the global Caps& Closures packaging market with the largest market share. Hygiene consciousness, a shift in preference from unpackaged to packaged food items, use of closures on popular container types are some of the factors which fueling the market growth. With the booming packaging industry worldwide, the global market for capsand closures is expected to grow. Thedemand for packagedproducts hasbeen increasing in the Asia-Pacific region, majorly due to the changing lifestyle and the rise in purchasing power. This will lead to an increased demand for plasticcaps& closures,thus fueling the marketgrowth. Pacific and RoW. KeyPlayers The major player operating in the market of global caps & closures are Rexam PLC(U.K), Berry Plastics Corporation (U.S.), AptarGroup Inc. (U.S.),RPCGroup Plc. (U.K.), Crown Holdings Inc. (U.S.),Amcor Limited (Australia), ReynoldsGroup Holdings Limited (NewZealand),andSilganHoldingsInc.(U.S.), GualaClosures Group(Italy), andBERICAPGmbHCo.& KG(Germany). Browse Complete Report@ https://www.marketresearchfuture.com/reports/caps-closures-market- 1265 5 www .marketresearchfuture.com

6. A B O U TU S MARKET RESEARCHFUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enableourclientsto seemore,knowmore,anddomore,which helpto answerall theirmostimportantquestions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrialvisitsforitsresearchanalystmembers. Formore information kindly visit www.marketresearchfuture.comor contactusat info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated,copied,quoted,orotherwisereproducedwithoutthe written approvalof MarketResearchFuture. 6 www .marketresearchfuture.com

7. T H A N KY O U salesteam@marketresearchfuture.com Ph: +1-646-845-9349(US) Ph: +44 208 133 9349(UK) 7 www .marketresearchfuture.com