Global Caps and Closures Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Caps and Closures Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Caps and Closures market size was valued at USD 55850 million in 2023 and is forecast to a readjusted size of USD 76140 million by 2030 with a CAGR of 4.5% during review period.

The primary function of caps and closures is to keep the container closed and the contents contained for the specified shelf life. In addition, it provides a barrier to dirt, moisture, and oxygen and keeps the product secure from undesired premature openingCaps and closures are mainly used in the packaging industry to preserve products to extend their shelf life. Caps and closures industry uses different type of materials to construct suitable product packaging, such as plastics, metals, rubber, and paperboard among others.

Global caps & closures industry is expected to grow over the forecast period on account of high demand from food & beverages and chemical industries. Caps & closures are used for preserving products and extending their life. Thus, global caps & closures market is expected to grow significantly. Increasing caps & closures application in home care products and cosmetics industries is further expected to augment global market growth. Increasing application in pharmaceutical industry is expected to further fuel the global caps & closures market growth. Increasing childcare products demand is expected to have a positive impact global caps & closures market. Plastics caps & closures are expected to grow at a faster rate than metal caps over the forecast period owing to its superior properties and low cost. Within metal caps, tin and aluminum are expected to witness significant growth. Extensive R&D in markets such as paper and rubber are further expected to augment global market growth in the next six years. Increasing concerns regarding biodegradability and carcinogenicity of plastics is expected to hinder the market growth over the forecast period. Stringent regulatory policies by agencies such as U.S. EPA, REACH and European Commission regarding plastics usage are expected to further pose challenges to the market growth.

The Global Info Research report includes an overview of the development of the Caps and Closures industry chain, the market status of Beer (Easy-Open Can Ends, Metal Lug Closures), Wine (Easy-Open Can Ends, Metal Lug Closures), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Caps and Closures.

Regionally, the report analyzes the Caps and Closures markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Caps and Closures market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Caps and Closures market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Caps and Closures industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Easy-Open Can Ends, Metal Lug Closures).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Caps and Closures market.

Regional Analysis: The report involves examining the Caps and Closures market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Caps and Closures market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Caps and Closures:

Company Analysis: Report covers individual Caps and Closures manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Caps and Closures This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Beer, Wine).

Technology Analysis: Report covers specific technologies relevant to Caps and Closures. It assesses the current state, advancements, and potential future developments in Caps and Closures areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Caps and Closures market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Caps and Closures market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Easy-Open Can Ends
Metal Lug Closures
Peel-Off Foils
Plastic Screw Closures
Metal Crowns
Metal Screw Closures
Corks
Others

Market segment by Application
Beer
Wine
Bottled Water
Carbonated Soft Drinks
Others

Major players covered
Global Closure Systems
Silgan Holdings
Reynolds Group Holdings
Crown Holdings
Berry Plastics Corporation
Berlin Packaging
Guala Closures Group
Manaksia

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Caps and Closures product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Caps and Closures, with price, sales, revenue and global market share of Caps and Closures from 2019 to 2024.

Chapter 3, the Caps and Closures competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Caps and Closures breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Caps and Closures market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Caps and Closures.

Chapter 14 and 15, to describe Caps and Closures sales channel, distributors, customers, research findings and conclusion.