Global Plastic Closure Market Growth 2023-2029

Global Plastic Closure Market Growth 2023-2029

Plastic Closures seal the top opening of a bottle. A cap is typically colourfully decorated with the logo of the brand of product.
LPI (LP Information)' newest research report, the “Plastic Closure Industry Forecast” looks at past sales and reviews total world Plastic Closure sales in 2022, providing a comprehensive analysis by region and market sector of projected Plastic Closure sales for 2023 through 2029. With Plastic Closure sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Plastic Closure industry.
This Insight Report provides a comprehensive analysis of the global Plastic Closure landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Plastic Closure portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Plastic Closure market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plastic Closure and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Plastic Closure.
The global Plastic Closure market size is projected to grow from US$ 14480 million in 2022 to US$ 21500 million in 2029; it is expected to grow at a CAGR of 21500 from 2023 to 2029.
The leading players are Bericap, Closure Systems International, Berry, Aptar Group and Silgan, accounting for about 22% revenue market share in 2019.
There are three types of Plastic Closure producers: PP Caps and Closures, PE Caps and Closures and other type. The applications are Beverage & Dairy, Pharmaceutical Industry, Personal Care Products and Other application. Beverage & Dairy is the largest market share with about 55%.
This report presents a comprehensive overview, market shares, and growth opportunities of Plastic Closure market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
PP Closure
PE Closure
Other
Segmentation by application
Beverage & Dairy
Pharmaceutical Industry
Personal Care Products
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bericap
Closure Systems International
Berry Global
Aptar Group
Silgan
ALPLA
THC
Mold Rite Plastics
Oriental Containers
Zijiang
Jinfu
Zhuhai Zhongfu
Blackhawk Molding
Mocap
Key Questions Addressed in this Report
What is the 10-year outlook for the global Plastic Closure market?
What factors are driving Plastic Closure market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Plastic Closure market opportunities vary by end market size?
How does Plastic Closure break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.