Market Overview:
The global PE closures market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food and beverage products, pharmaceuticals, and personal care products. In addition, the growing trend of using recyclable materials is also contributing to the growth of this market. On the basis of type, snap top closures are expected to lead the global PE closures market during the forecast period. This can be attributed to their easy-to-use design and tamper evident properties.
Product Definition:
PE closures are polyethylene closures that are used to seal containers and prevent the contents from leaking. They are often used on food containers, as they are durable and can withstand a high level of heat. PE closures can also be custom printed with a company's logo or branding to create a more professional appearance.
Snap Top Closures:
The Snap Top Closures are used in the packaging industry for food & beverages, personal care products and pharmaceuticals. The product is manufactured using high-quality plastic that has been engineered to form a tight seal around the packaged contents. It offers an alternative to traditional caps or lids as it can be efficiently used for dispensing a wide range of liquids including solvents, adhesives, inks and emulsions among others.
Disc Top Closures:
The disc top closures are made of polyethylene and have a metal spring as one of the components. The discs are placed on top of each other to form a stack. The number and size of discs used in the closure depends upon its use in packaging applications such as food & beverage, chemicals, pharmaceuticals among others.
Application Insights:
The food and beverage application segment accounted for the largest market share in 2017. The product is widely used in this application to prevent contamination due to entry of foreign particles into the product. In addition, it helps maintain freshness and extends the shelf life of products such as sauces, ketchup, mayonnaise, vinegar and other dressings as well as juices.
The pharmaceutical industry is expected to be one of the fastest-growing industries over the forecast period owing to factors such as increasing geriatric population across various regions coupled with rising incidences of chronic diseases like cancer that require long term treatment & medication are driving demand for PE closures from pharmaceutical industry which is expected to drive growth over next eight years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest pharmaceutical, food and beverage, personal care product manufacturing companies. These players are increasingly focusing on expanding their operations in emerging countries such as China, India, Thailand and Vietnam owing to low labor costs along with easy availability of raw materials & components. This factor is anticipated to drive regional growth over the next eight years.
Europe accounted for a significant share in terms of revenue as well as volume due to high demand from end-use industries coupled with stringent regulations regarding environment protection.
Growth Factors:
- Increasing demand from the food and beverage industry for safe and reliable packaging solutions.
- Rising demand for lightweight and easy-to-open closures from end users.
- Growing popularity of tamper evident seals in the packaging industry.
- Proliferation of new product launches in the food and beverage sector that require customized closure solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
PE Closures Market Research Report
By Type
Snap Top Closures, Disc Top Closures, Screw Closures, Others
By Application
Food and Beverage, Pharmaceutical Industry, Personal Care Products, Other
By Companies
Bericap, Closure Systems International, Berry, Aptar Group, Silgan, ALPLA, THC, Mold Rite Plastics, Oriental Containers, Zijiang, Jinfu, Zhuhai Zhongfu, Blackhawk Molding, Mocap
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global PE Closures Market Report Segments:
The global PE Closures market is segmented on the basis of:
Types
Snap Top Closures, Disc Top Closures, Screw Closures, Others
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
Food and Beverage, Pharmaceutical Industry, Personal Care Products, 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:
- Bericap
- Closure Systems International
- Berry
- Aptar Group
- Silgan
- ALPLA
- THC
- Mold Rite Plastics
- Oriental Containers
- Zijiang
- Jinfu
- Zhuhai Zhongfu
- Blackhawk Molding
- Mocap
Highlights of The PE Closures 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:
- Snap Top Closures
- Disc Top Closures
- Screw Closures
- Others
- By Application:
- Food and Beverage
- Pharmaceutical Industry
- Personal Care Products
- 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 PE Closures 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
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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?
PE Closures are a type of medical procedure that is used to close a hole in the heart.
Some of the major companies in the pe closures market are Bericap, Closure Systems International, Berry, Aptar Group, Silgan, ALPLA, THC, Mold Rite Plastics, Oriental Containers, Zijiang, Jinfu, Zhuhai Zhongfu, Blackhawk Molding, Mocap.
The pe closures 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 PE Closures 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 PE Closures Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 PE Closures 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 PE Closures 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 PE Closures Market Size & Forecast, 2020-2028 4.5.1 PE Closures Market Size and Y-o-Y Growth 4.5.2 PE Closures Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Snap Top Closures
5.2.2 Disc Top Closures
5.2.3 Screw Closures
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Food and Beverage
6.2.2 Pharmaceutical Industry
6.2.3 Personal Care Products
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PE Closures 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 PE Closures 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Snap Top Closures
9.6.2 Disc Top Closures
9.6.3 Screw Closures
9.6.4 Others
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 Market Size Forecast by Applications
9.10.1 Food and Beverage
9.10.2 Pharmaceutical Industry
9.10.3 Personal Care Products
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Snap Top Closures
10.6.2 Disc Top Closures
10.6.3 Screw Closures
10.6.4 Others
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 Market Size Forecast by Applications
10.10.1 Food and Beverage
10.10.2 Pharmaceutical Industry
10.10.3 Personal Care Products
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Snap Top Closures
11.6.2 Disc Top Closures
11.6.3 Screw Closures
11.6.4 Others
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 Market Size Forecast by Applications
11.10.1 Food and Beverage
11.10.2 Pharmaceutical Industry
11.10.3 Personal Care Products
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Snap Top Closures
12.6.2 Disc Top Closures
12.6.3 Screw Closures
12.6.4 Others
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 Market Size Forecast by Applications
12.10.1 Food and Beverage
12.10.2 Pharmaceutical Industry
12.10.3 Personal Care Products
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Snap Top Closures
13.6.2 Disc Top Closures
13.6.3 Screw Closures
13.6.4 Others
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) Market Size Forecast by Applications
13.10.1 Food and Beverage
13.10.2 Pharmaceutical Industry
13.10.3 Personal Care Products
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 PE Closures Market: Competitive Dashboard
14.2 Global PE Closures Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bericap
14.3.2 Closure Systems International
14.3.3 Berry
14.3.4 Aptar Group
14.3.5 Silgan
14.3.6 ALPLA
14.3.7 THC
14.3.8 Mold Rite Plastics
14.3.9 Oriental Containers
14.3.10 Zijiang
14.3.11 Jinfu
14.3.12 Zhuhai Zhongfu
14.3.13 Blackhawk Molding
14.3.14 Mocap