[199 Pages report] MarketsandMarkets projects that the Caps & Closures Market size will grow from USD 49.78 Billion in 2015 to USD 68.71 Billion by 2021, at an estimated CAGR of 5.62%. The caps & closures market is expected to witness high growth as a result of the growing end-use industry such as beverage and healthcare as well as the rising concerns toward product quality and safety. Caps & closures seal the content within the container and allows appropriate dispense of the contents.
Request for free sample report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1314
Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Caps & Closures Market, By Raw Material
7 Caps & Closures Market, By Type
8 Caps & Closures Market, By End-Use Industry
9 Caps & Closures Market, By Region
10 Competitive Landscape
11 Company Profiles
The market share of plastic is the largest as per raw material and is further projected to be the fastest-growing segment. This is closely followed by metal which has the second-highest growth rate. Plastic resin such as polypropylene (PP) and polyethylene (PE) are widely used with PP expected to be the fastest-growing subsegment. The other types of raw materials that are used for manufacturing caps & closures include wood, glass, paperboard, and rubber & elastomer.
Factors such as stringent regulations in the caps & closures industry as well as growing demand for the substitutes such as blister packs act as a restraint for the growth of the market. The global market for caps & closures is dominated by players such as RPC Group PLC (U.K.), Crown Holdings Incorporation (U.S.), Amcor Limited Plc (Australia), Rexam PLC (U.K.), Berry Plastics Corporation (U.S.), Silgan Holdings Inc. (U.S.), AptarGroup Incorporated (U.S.), and Guala Closures Group (Italy). These players adopted various strategies such as expansion, agreements, acquisitions, and new product developments to cater to the needs of the caps & closures market.
Early buyers will receive 10% customization on this report.
Don’t miss out on business opportunities in Caps & Closures Market.
Read Our blog for more details: http://bit.ly/2DlIYqB
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062