Market Overview:
The global crimp top cap market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for crimp top caps from various end-use industries, such as food and beverage, pharmaceuticals, and cosmetics. In addition, the growing trend of using recyclable materials is also contributing to the growth of this market. Based on type, the global crimp top cap market can be segmented into metal and plastic crimp top caps. The metal segment is expected to account for a larger share of the global Crimp Top Cap Market than the plastic segment during the forecast period. This can be attributed to factors such as superior properties offered by metal over plastic materials and increasing demand for premium packaging solutions from various end-use industries. Based on application,the global Crimp Top Cap Market can be divided into four segments: Plastic Bottle Caps (PBC), Glass Bottle Caps (GBC), Metal Bottle Caps (MBC), and Other Applications (OAC).
Product Definition:
A crimp top cap is a type of closure that is used to seal the opening of a container. It is made from metal and has a crimped edge that seals around the lip of the container. This type of closure is often used on glass bottles, and it provides an airtight seal that prevents leakage.
Metal:
Metal, it's usage and growth factor in the crimp top cap market is expected to drive over the forecast period. The metal top caps are used for providing a finished look to the connectors by adding aesthetically pleasing covers or plates. These metal plates can be customized according to specific requirements of end-users and provide an excellent solution for covering exposed parts that are not in use as well as protecting unused parts of connectors.
Plastic:
Plastic is a synthetic material that can be divided into two categories, Polymers and Synthetic Fibers. The most commonly used plastic in the industry is High-Density Polyethylene (HDPE), also known as just “polyethylene” or PE. It accounts for approximately 50% of all plastics consumed globally and has been the most dominant type in crimp top cap market over the past few years.
Application Insights:
The plastic bottle application segment accounted for the largest share of over 40.0% in 2017 and is projected to witness significant growth during the forecast period. The crimp top cap is used on plastic bottles including butane, propane, and others such as PVC, HDPE, LDPE among others.
Crimp tops are used on metal beverage cans as they prevent leakage due to pressure applied by the contents inside a can when it is opened. Other applications include glass bottles and metal cans among other containers such as food tins & trays among others which do not have a pressurized filling system like beverage cans or PET Bottles (Polyethylene Terephthalate).
Other containers require different types of caps depending upon their material properties including strength against impact & compression force along with resistance towards chemicals & temperature changes after being filled with product content.
Regional Analysis:
Asia Pacific crimp top cap market is anticipated to grow at the highest CAGR of XX% from 2018 to 2030 owing to increasing demand for beer and other alcoholic beverages in this region. Increasing disposable income, coupled with growing popularity of social drinking, is expected to drive the market over the forecast period. Furthermore, rising number of microbreweries in countries such as China and India has increased preference for these caps among consumers due to which manufacturers are investing more on R&D activities relatedto production process and product design thus driving growth over the forecast period.
North America was estimated as a significant region in 2017 owing to high consumption rateof beer across U.S., Mexico, and Canada followed by soft drinks such as Coca Cola Company; PepsiCo Inc.; Dr Pepper/Seven Up Inc.; etc.).
Growth Factors:
- Increasing demand from pharmaceutical and biotechnology industries for crimp top caps as a closure for vials and bottles.
- Growth in the number of contract manufacturers catering to the needs of these industries, which is expected to drive the demand for crimp top caps.
- Rising popularity of single-use systems in various applications, which is boosting the demand for crimp top caps.
- Technological advancements that have led to the development of new types of crimp top caps with enhanced performance characteristics.
Scope Of The Report
Report Attributes
Report Details
Report Title
Crimp Top Cap Market Research Report
By Type
Metal, Plastic
By Application
Plastic Bottle, Glass Bottle, Metal Bottle, Other
By Companies
Specialty Silicone Products (SSP) Companies, Specialty Manufacturing, Inc., Sigma-Aldrich Co Ltd., Jinan Youlyy Industrial Co., EMA Pharmaceuticals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Crimp Top Cap Market Report Segments:
The global Crimp Top Cap market is segmented on the basis of:
Types
Metal, Plastic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Plastic Bottle, Glass Bottle, Metal Bottle, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Specialty Silicone Products (SSP) Companies
- Specialty Manufacturing, Inc.
- Sigma-Aldrich Co Ltd.
- Jinan Youlyy Industrial Co.
- EMA Pharmaceuticals
Highlights of The Crimp Top Cap Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal
- Plastic
- By Application:
- Plastic Bottle
- Glass Bottle
- Metal Bottle
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Crimp Top Cap Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A crimp top cap is a type of top cap that has a small hole in the center. This hole is used to allow air to enter and escape the cap, which helps to ensure that the paint on your nail stays fresh.
Some of the key players operating in the crimp top cap market are Specialty Silicone Products (SSP) Companies, Specialty Manufacturing, Inc., Sigma-Aldrich Co Ltd., Jinan Youlyy Industrial Co., EMA Pharmaceuticals.
The crimp top cap market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Crimp Top Cap Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Crimp Top Cap Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Crimp Top Cap Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Crimp Top Cap Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Crimp Top Cap Market Size & Forecast, 2018-2028 4.5.1 Crimp Top Cap Market Size and Y-o-Y Growth 4.5.2 Crimp Top Cap Market Absolute $ Opportunity
Chapter 5 Global Crimp Top Cap Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Crimp Top Cap Market Size Forecast by Type
5.2.1 Metal
5.2.2 Plastic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Crimp Top Cap Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Crimp Top Cap Market Size Forecast by Applications
6.2.1 Plastic Bottle
6.2.2 Glass Bottle
6.2.3 Metal Bottle
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Crimp Top Cap Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Crimp Top Cap Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Crimp Top Cap Analysis and Forecast
9.1 Introduction
9.2 North America Crimp Top Cap Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Crimp Top Cap Market Size Forecast by Type
9.6.1 Metal
9.6.2 Plastic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Crimp Top Cap Market Size Forecast by Applications
9.10.1 Plastic Bottle
9.10.2 Glass Bottle
9.10.3 Metal Bottle
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Crimp Top Cap Analysis and Forecast
10.1 Introduction
10.2 Europe Crimp Top Cap Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Crimp Top Cap Market Size Forecast by Type
10.6.1 Metal
10.6.2 Plastic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Crimp Top Cap Market Size Forecast by Applications
10.10.1 Plastic Bottle
10.10.2 Glass Bottle
10.10.3 Metal Bottle
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Crimp Top Cap Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Crimp Top Cap Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Crimp Top Cap Market Size Forecast by Type
11.6.1 Metal
11.6.2 Plastic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Crimp Top Cap Market Size Forecast by Applications
11.10.1 Plastic Bottle
11.10.2 Glass Bottle
11.10.3 Metal Bottle
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Crimp Top Cap Analysis and Forecast
12.1 Introduction
12.2 Latin America Crimp Top Cap Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Crimp Top Cap Market Size Forecast by Type
12.6.1 Metal
12.6.2 Plastic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Crimp Top Cap Market Size Forecast by Applications
12.10.1 Plastic Bottle
12.10.2 Glass Bottle
12.10.3 Metal Bottle
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Crimp Top Cap Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Crimp Top Cap Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Crimp Top Cap Market Size Forecast by Type
13.6.1 Metal
13.6.2 Plastic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Crimp Top Cap Market Size Forecast by Applications
13.10.1 Plastic Bottle
13.10.2 Glass Bottle
13.10.3 Metal Bottle
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Crimp Top Cap Market: Competitive Dashboard
14.2 Global Crimp Top Cap Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Specialty Silicone Products (SSP) Companies
14.3.2 Specialty Manufacturing, Inc.
14.3.3 Sigma-Aldrich Co Ltd.
14.3.4 Jinan Youlyy Industrial Co.
14.3.5 EMA Pharmaceuticals