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Caps And Closures Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2013 – 2019

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Caps and closures are devices or methods to seal bottles, cans and tubes among others. Caps and closures are employed in the packaging industry primarily for preserving products and thus extending shelf life of the products. Plastic and metal are a
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Caps And Closures Market - Global
Industry Analysis, Size, Share, Growth,
Trends And Forecast 2013 – 2019
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REPORT DESCRIPTION
Caps and closures are devices or methods to seal bottles, cans and tubes among others. Caps and closures are employed in the
packaging industry primarily for preserving products and thus extending shelf life of the products. Plastic and metal are among
the major materials employed in the manufacturing of caps and closures. Other niche product segments include wood, paper,
and glass among others.
Historically, metal has been the predominant product segment for the market. Plastic based closures are gaining acceptance
and are expected to be the fastest growing segment in the near future. Tin and aluminum dominate the demand for metal based
caps and closures. Demand for plastic based caps and closures are expected to be driven by growing demand for polyethylene
and polypropylene. Increasing research and development activities in niche product segments such as paper and rubber is
expected to offer huge growth opportunity in the market.
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Major end user industries for caps and closure market include beverages, food, pharmaceutical, cosmetics and home care
products among several others. Beverages segment dominates the global caps and closures market and the trend is expected
to continue during the forecast period. Pharmaceutical is expected to be the fastest growing application segment for caps and
closures primarily owing to high growth in the pharmaceutical industry.
Consumer markets such as food, cosmetics and beverages dominate the global demand for caps and closures. Hence, overall
economic growth, growing disposable income and other macro economic factors in a region are among the foremost growth
determinants for the demand of caps and closures. Demand in various home care and pharmaceutical products is driven by
innovative solutions such as child protection and aesthetics of the material. Growth in pharmaceutical industry is expected to be
the foremost driver for caps and closure market growth during the forecast period. Several innovative packaging solutions have
been developed which eliminate the use of caps and closures. These packaging solutions are expected to be among major
factors restraining market growth. Bio degradability and recyclability issues associated with traditional caps and closures
materials are expected to drive demand for bio based products such as paper in the near future.
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Asia Pacific dominates the global caps and closures market both in terms of production and consumption. Asia Pacific is also
expected to be the fastest growing region during the forecast period primarily owing to increasing industrial investment and
high GDP growth rate in the emerging economies of India and China. Demand for caps and closures in the developed economies
for North America and Europe is anticipated to grow at a sluggish rate owing to market saturation in various end user industries.
Developing region in Latin America and Africa are expected to offer huge growth opportunity for caps and closures market
during the forecast period.
Caps and closures market is highly fragmented and dominated by regional players. Owing to low capital investment, the
dominance by regional players is expected to continue in the near future. Joint ventures, acquisitions and strategic alliances with
regional players are among major tools for expansion in the market. Some of the major players in the caps and closures market
include Berry Plastics Corporation, Crown Holdings, Portola Packaging Inc, Global Closure Systems, Silgan Holdings, Paradigm
Packaging Inc., Reynolds Group Holdings and PolyChem Alloy Inc among others.
This research report analyzes this market depending on its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
•
North America
•
Asia Pacific
•
Europe
•
Rest of the World
This report provides comprehensive analysis of
•
Market growth drivers
•
Factors limiting market growth
•
Current market trends
•
Market structure
•
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market
projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis
and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
•
This report provides pin-point analysis for changing competitive dynamics
•
It provides a forward looking perspective on different factors driving or restraining market growth
•
It provides a technological growth map over time to understand the industry growth rate
•
It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
•
It helps in understanding the key product segments and their future
•
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
•
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of
market segments
•
It provides distinctive graphics and exemplified SWOT analysis of major market segments
Read More Reports on Food & Beverages Markets:http://www.transparencymarketresearch.com/food-beverages-marketreports-4.html
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Author
Amy James
Amy James817   documents Email
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