Global Plastic Caps and Closures Market

Transcription

Global Plastic Caps and Closures Market
Global Plastic Caps
and Closures Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016 – 2026
Future Market Insights
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Report
Description
Report Description
The rising demand for the plastic caps and closures are an important part of packaging and
containers such as bottles, canisters, tubes, cans and beverages cartons. Plastic is gradually
replacing the traditional materials such as aluminium, tinplate etc. With competition going up
and evolving high-tech enlargements, plastics caps and closures, has become ever more
important in the global caps and closures market. With large market potential and growing
preference of consumers, the global plastic caps and closures market is likely to observe a
substantial growth in the near future.
Plastic products are anticipated to lift their share up in the global cap and closure market. The
growing market of caps and closures has been undergoing a phase of new product development
and technological advancements due to greater demand. The manufacturers are making high
investments in the production and launch of innovative caps for diverse range of product types.
Plastic Caps and Closures Market: Drivers & Restraints
The global plastic caps and closures market is expected to grow due to several factors such as
continual inroads by plastic containers into various applications as well as the growing popularity
of plastic closures on other container types, such as gable top & aseptic cartons and stand-up
pouches that are expected to rise the global plastic caps and closures. There is an existing virtual
domination of plastic closures in the aseptic & gable top cartons and stand-up pouches.
Report
Description
Report Description
The global plastic caps and closures market growth will also be supported by the rising
technological developments and improvements in the processes such as hot-fill processing that
is expected to positively influence the demand of plastic containers resulting in the expansion of
its presence in markets which were once dominated by glass and metal containers. The better
availability of raw materials such as resins and advanced machinery is also expected to positively
influence the demand for plastic caps and closure market.
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Although, the beer market will remain highly reliant on glass bottles and metal cans which
either use metal closures or don’t use separate closures. The growing use of dispensing plastics
closures are also rising the value of the global plastic caps and closures market.
The global plastic caps and closures market is also facing some challenges such as the regulatory
framework for caps and closures which can restrain the market growth. On the other hand the
growing usage of packaging layouts without closures and concepts like blister packaging will also
act as restraint obstructing the growth of the global plastic caps and closures market.
Plastic Caps and Closures Market: Segmentation
Report
Description
Report Description
By end use type, the global plastic caps and closures market is segmented as follows:
• Food
• Beverage
• Personal & Home Care Products
• Pharmaceutical
• Industrial chemicals
• Others (Automotive etc.)
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By product type, the global plastic caps and closures market is segmented as follows:
• Screw Caps
• Dispensing Caps
• Other Plastic Caps
By raw material, the global plastic caps and closures market is segmented as follows:
• Polypropylene
• Polyethylene
• Polystyrene
• Other Resins
Report
Description
Report Description
Plastic Caps and Closures Market: Region-wise Outlook
The plastic caps and closures market is expected to register a favourable growth for the forecast
period, 2016?2026. The Asia Pacific is projected to endure control on the global plastic caps and
closures market due to its flourishing end user industries. Some of the other fastest growing
regions in plastic caps and closures market are Latin America, Middle East and Africa. The North
America and Western Europe are expected to register a moderate growth rate owing to the
saturation of end use markets in the regions. The Eastern Europe is expected to depict a high
growth in the future ahead.
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Plastic Caps and Closures Market: Key Players
The key players in the global plastic caps and closures are Blackhawk Molding Company
Incorporated, Amcor, BERICAP holdings, Global Closure Systems, Crown Holdings, Siligan
Holdings, Reynolds Group Holdings, Closure Systems International, Oriental Containers, Guala
Closures Group, Berry Plastics, Pelliconi, Premier Vinyl Solution, etc.
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