Market Overview:
The global caps and closures market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for packaged food and beverages, especially in developing countries. In addition, the growing trend of customization is also contributing to the growth of this market. The global caps and closures market by type is segmented into easy-open can ends, metal lug closures, peel-off foils, plastic screw closures, metal crowns, metal screw closures, corks and plastic screw closures. The easy-open can ends segment is expected to grow at a CAGR of 6% from 2018 to 2030. This growth can be attributed to the increasing demand for convenience foods across the globe. The global caps and closure by application is segmented into beer, wine,, bottled water,, carbonated soft drinks,, fruit juices & nectars,, dairy products,, processed food items,. The beer segment accounted for majority share in 2017 and it is projected that this trend will continue during forecast period as well.
Product Definition:
In industrial manufacturing, a cap is a type of closure that is used to seal the opening of a container. It can be made from various materials such as metal, plastic or glass. Caps are often threaded so that they can be screwed onto the neck of the container. They may also have other features such as a pouring spout or a tamper-resistant seal.
Easy-Open Can Ends:
Easy-open can end is a device used to end caps and closures of metal cans. It consists of two parts, namely the base and the cap. The base has a lever that rotates towards the cap, which unlatches it from its seat in order to allow opening. The top part of this device is usually covered with foam or plastic for insulation purposes so that no one gets hurt by hot contents inside the can when it’s opened carelessly.
Metal Lug Closures:
Metal lug closures are used in caps and closures market. It is a metal device that is designed to fit over the end of a pipe or cable and act as an abutment for the cap or cover. Metal lug closure has two parts, namely, base plate and nut; which are installed on the pipe or cable respectively.
Application Insights:
Beer application dominated the global caps and closures market with a revenue share of over 30.0% in 2017. The segment is expected to witness significant growth on account of increasing demand for beer across the globe. Furthermore, growing consumption of craft beer owing to its high nutritional content is further anticipated to propel industry growth over the forecast period.
Wine application was one of the prominent segments in 2017 and accounted for a revenue share of 19.1%.
Regional Analysis:
Europe dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of stringent regulations by various governments to ensure high product quality coupled with rising demand for canned food products is likely to drive industry growth in this region. Europe accounted for a share of more than 30% of global industry volume in 2017 owing to growing demand from countries such as Germany, France, Italy, Spain and U.K.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to increasing awareness about health benefits associated with packaged food along with rising disposable income levels especially in developing countries such as China and India are some other factors that can be attributed toward regional growth.
Growth Factors:
- Increasing demand from beverage and food industry
- Rising disposable income of consumers in developing countries
- Technological advancements in caps and closures manufacturing process
- Growing popularity of screw top caps and closures for packaging wines and spirits products
- Proliferation of private label brands
Scope Of The Report
Report Attributes
Report Details
Report Title
Caps and Closures Market Research Report
By Type
Easy-Open Can Ends, Metal Lug Closures, Peel-Off Foils, Plastic Screw Closures, Metal Crowns, Metal Screw Closures, Corks, Plastic Screw Closures, Others
By Application
Beer, Wine, Bottled Water, Carbonated Soft Drinks, Others
By Companies
Global Closure Systems, Silgan Holdings, Reynolds Group Holdings, Crown Holdings, Berry Plastics Corporation, Berlin Packaging, Guala Closures Group, Manaksia
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Caps and Closures Market Report Segments:
The global Caps and Closures market is segmented on the basis of:
Types
Easy-Open Can Ends, Metal Lug Closures, Peel-Off Foils, Plastic Screw Closures, Metal Crowns, Metal Screw Closures, Corks, Plastic 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
Beer, Wine, Bottled Water, Carbonated Soft Drinks, Others
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:
- Global Closure Systems
- Silgan Holdings
- Reynolds Group Holdings
- Crown Holdings
- Berry Plastics Corporation
- Berlin Packaging
- Guala Closures Group
- Manaksia
Highlights of The Caps and 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:
- Easy-Open Can Ends
- Metal Lug Closures
- Peel-Off Foils
- Plastic Screw Closures
- Metal Crowns
- Metal Screw Closures
- Corks
- Plastic Screw Closures
- Others
- By Application:
- Beer
- Wine
- Bottled Water
- Carbonated Soft Drinks
- Others
- 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 Caps and 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.
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- Correctly Positioning New Products
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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?
Caps and closures are a type of punctuation mark that indicate the end of a sentence. They are typically used in writing to show where one sentence ends and another begins.
Some of the major companies in the caps and closures market are Global Closure Systems, Silgan Holdings, Reynolds Group Holdings, Crown Holdings, Berry Plastics Corporation, Berlin Packaging, Guala Closures Group, Manaksia.
The caps and closures market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Caps and Closures Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Caps and Closures Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Caps and Closures Market - Supply Chain
4.5. Global Caps and Closures Market Forecast
4.5.1. Caps and Closures Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Caps and Closures Market Size (000 Units) and Y-o-Y Growth
4.5.3. Caps and Closures Market Absolute $ Opportunity
5. Global Caps and Closures Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Caps and Closures Market Size and Volume Forecast by Type
5.3.1. Easy-Open Can Ends
5.3.2. Metal Lug Closures
5.3.3. Peel-Off Foils
5.3.4. Plastic Screw Closures
5.3.5. Metal Crowns
5.3.6. Metal Screw Closures
5.3.7. Corks
5.3.8. Plastic Screw Closures
5.3.9. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Caps and Closures Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Caps and Closures Market Size and Volume Forecast by Application
6.3.1. Beer
6.3.2. Wine
6.3.3. Bottled Water
6.3.4. Carbonated Soft Drinks
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Caps and Closures Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Caps and Closures Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Caps and Closures Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Caps and Closures Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Caps and Closures Demand Share Forecast, 2019-2029
9. North America Caps and Closures Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Caps and Closures Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Caps and Closures Market Size and Volume Forecast by Application
9.4.1. Beer
9.4.2. Wine
9.4.3. Bottled Water
9.4.4. Carbonated Soft Drinks
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Caps and Closures Market Size and Volume Forecast by Type
9.7.1. Easy-Open Can Ends
9.7.2. Metal Lug Closures
9.7.3. Peel-Off Foils
9.7.4. Plastic Screw Closures
9.7.5. Metal Crowns
9.7.6. Metal Screw Closures
9.7.7. Corks
9.7.8. Plastic Screw Closures
9.7.9. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Caps and Closures Demand Share Forecast, 2019-2029
10. Latin America Caps and Closures Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Caps and Closures Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Caps and Closures Market Size and Volume Forecast by Application
10.4.1. Beer
10.4.2. Wine
10.4.3. Bottled Water
10.4.4. Carbonated Soft Drinks
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Caps and Closures Market Size and Volume Forecast by Type
10.7.1. Easy-Open Can Ends
10.7.2. Metal Lug Closures
10.7.3. Peel-Off Foils
10.7.4. Plastic Screw Closures
10.7.5. Metal Crowns
10.7.6. Metal Screw Closures
10.7.7. Corks
10.7.8. Plastic Screw Closures
10.7.9. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Caps and Closures Demand Share Forecast, 2019-2029
11. Europe Caps and Closures Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Caps and Closures Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Caps and Closures Market Size and Volume Forecast by Application
11.4.1. Beer
11.4.2. Wine
11.4.3. Bottled Water
11.4.4. Carbonated Soft Drinks
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Caps and Closures Market Size and Volume Forecast by Type
11.7.1. Easy-Open Can Ends
11.7.2. Metal Lug Closures
11.7.3. Peel-Off Foils
11.7.4. Plastic Screw Closures
11.7.5. Metal Crowns
11.7.6. Metal Screw Closures
11.7.7. Corks
11.7.8. Plastic Screw Closures
11.7.9. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Caps and Closures Demand Share, 2019-2029
12. Asia Pacific Caps and Closures Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Caps and Closures Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Caps and Closures Market Size and Volume Forecast by Application
12.4.1. Beer
12.4.2. Wine
12.4.3. Bottled Water
12.4.4. Carbonated Soft Drinks
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Caps and Closures Market Size and Volume Forecast by Type
12.7.1. Easy-Open Can Ends
12.7.2. Metal Lug Closures
12.7.3. Peel-Off Foils
12.7.4. Plastic Screw Closures
12.7.5. Metal Crowns
12.7.6. Metal Screw Closures
12.7.7. Corks
12.7.8. Plastic Screw Closures
12.7.9. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Caps and Closures Demand Share, 2019-2029
13. Middle East & Africa Caps and Closures Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Caps and Closures Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Caps and Closures Market Size and Volume Forecast by Application
13.4.1. Beer
13.4.2. Wine
13.4.3. Bottled Water
13.4.4. Carbonated Soft Drinks
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Caps and Closures Market Size and Volume Forecast by Type
13.7.1. Easy-Open Can Ends
13.7.2. Metal Lug Closures
13.7.3. Peel-Off Foils
13.7.4. Plastic Screw Closures
13.7.5. Metal Crowns
13.7.6. Metal Screw Closures
13.7.7. Corks
13.7.8. Plastic Screw Closures
13.7.9. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Caps and Closures Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Caps and Closures Market: Market Share Analysis
14.2. Caps and Closures Distributors and Customers
14.3. Caps and Closures Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Global Closure Systems
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Silgan Holdings
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Reynolds Group Holdings
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Crown Holdings
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Berry Plastics Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Berlin Packaging
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Guala Closures Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Manaksia
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
