Market Overview:
The global caps and closures packaging market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for caps and closures packaging from various end-use industries such as pharmaceuticals, personal care, consumer goods, food & beverage, electronics goods, paint and dyes. In addition, the growing trend of using sustainable materials for caps and closures packaging is also contributing to the growth of this market. Some of the major players operating in this market are Amcor Ltd., Berry Plastics Corporation., Crown Holdings Inc., Reynolds Group Holdings Ltd., RPC Group Plc., Silgan Holdings Inc., SKS Bottle & Packaging LLC and Tetra Laval International S.
Product Definition:
Caps and closures packaging is the process of enclosing or protecting products for distribution, storage, and sale. The type of closure used can be as simple as a twist-off cap or a screw-on top, or more complicated such as a dispensing mechanism. The goal of caps and closures packaging is to maintain the quality and integrity of the product while providing an easy way for consumers to access it.
Paper:
Paper is a material made from natural fibers that are derived from plants. The fiber is first converted into pulp, which is further processed to make paper. Paper can be categorized as coated (pulped) paper, tissue paper, and whitegoods (waste). Coated papers are used for printing purposes; they have a thin layer of aluminum or iron on one or both sides.
Metal:
Metal and it's usage in Caps & Closures packaging market is driven by factors such as rising demand for metal cans due to their recyclability, high strength, and resistance to atmospheric conditions. Metal can be recycled numerous times without any loss of quality or strength which leads to a positive impact on the environment. These factors are expected to drive the metal & usage in Caps & Closures packaging market over the forecast period.
Application Insights:
The global caps & closures packaging market is segmented by application into pharmaceuticals, personal care, consumer goods, food & beverage and electronics goods. The pharmaceutical segment held the largest share in 2017 due to high usage of closure devices in the healthcare sector. In addition, an increase in drug discovery and development activities has led to a significant rise in demand for various packaging solutions including clamshells and ampoules.
The personal care segment is expected to witness lucrative growth over the forecast period owing to increasing demand for cosmetics products across all genders worldwide. Furthermore, growing awareness regarding skin health coupled with rising disposable income levels among consumers will boost industry growth over the next few years.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the increasing demand for pharmaceutical products and electronic goods packaging. In addition, rising consumer spending on food and beverage products is expected to propel the demand for caps & closures packaging over the forecast period. Europe accounted for a significant share in terms of revenue as well as volume in 2017 owing to high product penetration by various manufacturers such as P&G, Unilever, Danone Group, Kellogg's Co., among others.
Asia Pacific is projected to witness substantial growth over the coming years owing to rapid industrialization along with growing population especially in China and India coupled with rising disposable income levels will drive industry expansion across this region at a steady pace from 2018 till 2030 timely completion of ongoing projects including new manufacturing facilities by companies such as AstraZeneca AB (Sweden), GlaxoSmithKline plc (U.K.
Growth Factors:
- Increasing demand from end-use industries: The growth of the caps and closures packaging market is mainly driven by the increasing demand from end-use industries such as food and beverage, pharmaceuticals, and cosmetics.
- Rising disposable income: The growth of the caps and closures packaging market is also propelled by rising disposable incomes in developing countries. This has led to an increase in the demand for packaged foods, beverages, pharmaceuticals, and other consumer products.
- Technological advancements: The caps and closures packaging market is witnessing rapid technological advancements that are helping manufacturers to offer innovative products with enhanced performance characteristics. This is resulting in an increase in the adoption of these products by consumers worldwide.
- Stringent regulations governing product safety: Stringent regulations governing product safety are leading to an increased use of caps and closures for various applications such as food contact materials (FCMs), medical devices, etc., thereby driving the growth of this market globally. 5) Growing popularity of sustainable/recyclable packaging solutions: There is a growing trend among consumers towards using sustainable/recyclable packaging solutions for their daily needs items such as foodstuff items or personal care items which will drive up future sales potential
Scope Of The Report
Report Attributes
Report Details
Report Title
Caps & Closures Packaging Market Research Report
By Type
Paper, Metal, Glass, Plastic, Caps & Closures Packagin
By Application
Pharmaceuticals, Personal Care, Consumer Goods, Food & Beverage, Electronics Goods, Paint and Dyes
By Companies
Amcor, Amcor, Janco, Huhtamaki, Constantia Flexibles, Dupont, Multivac, Winpak, Essel Propack, Albéa, Caps & Closures Packagin
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Caps & Closures Packaging Market Report Segments:
The global Caps & Closures Packaging market is segmented on the basis of:
Types
Paper, Metal, Glass, Plastic, Caps & Closures Packagin
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
Pharmaceuticals, Personal Care, Consumer Goods, Food & Beverage, Electronics Goods, Paint and Dyes
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:
- Amcor
- Amcor
- Janco
- Huhtamaki
- Constantia Flexibles
- Dupont
- Multivac
- Winpak
- Essel Propack
- Albéa
- Caps & Closures Packagin
Highlights of The Caps & Closures Packaging 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:
- Paper
- Metal
- Glass
- Plastic
- Caps & Closures Packagin
- By Application:
- Pharmaceuticals
- Personal Care
- Consumer Goods
- Food & Beverage
- Electronics Goods
- Paint and Dyes
- 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 & Closures Packaging 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?
Caps & Closures Packaging is a type of packaging that uses closures to protect products from damage and contamination. It typically consists of a container with one or more layers of material, each with an opening for the product to be placed inside. The top layer is usually made from a sturdy material such as plastic or metal, while the lower layer(s) are made from less durable materials such as paper or cardboard. The openings in the top and bottom layers are then closed using either adhesive tape, clamps, or other types of closure devices.
Some of the key players operating in the caps & closures packaging market are Amcor, Amcor, Janco, Huhtamaki, Constantia Flexibles, Dupont, Multivac, Winpak, Essel Propack, AlbƒÂ©a, Caps & Closures Packagin.
The caps & closures packaging 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 & Closures Packaging 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 & Closures Packaging Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Caps & Closures Packaging Market - Supply Chain
4.5. Global Caps & Closures Packaging Market Forecast
4.5.1. Caps & Closures Packaging Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Caps & Closures Packaging Market Size (000 Units) and Y-o-Y Growth
4.5.3. Caps & Closures Packaging Market Absolute $ Opportunity
5. Global Caps & Closures Packaging 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 & Closures Packaging Market Size and Volume Forecast by Type
5.3.1. Paper
5.3.2. Metal
5.3.3. Glass
5.3.4. Plastic
5.3.5. Caps & Closures Packagin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Caps & Closures Packaging 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 & Closures Packaging Market Size and Volume Forecast by Application
6.3.1. Pharmaceuticals
6.3.2. Personal Care
6.3.3. Consumer Goods
6.3.4. Food & Beverage
6.3.5. Electronics Goods
6.3.6. Paint and Dyes
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Caps & Closures Packaging 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 & Closures Packaging 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 & Closures Packaging 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 & Closures Packaging 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 & Closures Packaging Demand Share Forecast, 2019-2026
9. North America Caps & Closures Packaging 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 & Closures Packaging 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 & Closures Packaging Market Size and Volume Forecast by Application
9.4.1. Pharmaceuticals
9.4.2. Personal Care
9.4.3. Consumer Goods
9.4.4. Food & Beverage
9.4.5. Electronics Goods
9.4.6. Paint and Dyes
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Caps & Closures Packaging Market Size and Volume Forecast by Type
9.7.1. Paper
9.7.2. Metal
9.7.3. Glass
9.7.4. Plastic
9.7.5. Caps & Closures Packagin
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 & Closures Packaging Demand Share Forecast, 2019-2026
10. Latin America Caps & Closures Packaging 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 & Closures Packaging 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 & Closures Packaging Market Size and Volume Forecast by Application
10.4.1. Pharmaceuticals
10.4.2. Personal Care
10.4.3. Consumer Goods
10.4.4. Food & Beverage
10.4.5. Electronics Goods
10.4.6. Paint and Dyes
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Caps & Closures Packaging Market Size and Volume Forecast by Type
10.7.1. Paper
10.7.2. Metal
10.7.3. Glass
10.7.4. Plastic
10.7.5. Caps & Closures Packagin
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 & Closures Packaging Demand Share Forecast, 2019-2026
11. Europe Caps & Closures Packaging 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 & Closures Packaging 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 & Closures Packaging Market Size and Volume Forecast by Application
11.4.1. Pharmaceuticals
11.4.2. Personal Care
11.4.3. Consumer Goods
11.4.4. Food & Beverage
11.4.5. Electronics Goods
11.4.6. Paint and Dyes
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Caps & Closures Packaging Market Size and Volume Forecast by Type
11.7.1. Paper
11.7.2. Metal
11.7.3. Glass
11.7.4. Plastic
11.7.5. Caps & Closures Packagin
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 & Closures Packaging Demand Share, 2019-2026
12. Asia Pacific Caps & Closures Packaging 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 & Closures Packaging 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 & Closures Packaging Market Size and Volume Forecast by Application
12.4.1. Pharmaceuticals
12.4.2. Personal Care
12.4.3. Consumer Goods
12.4.4. Food & Beverage
12.4.5. Electronics Goods
12.4.6. Paint and Dyes
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Caps & Closures Packaging Market Size and Volume Forecast by Type
12.7.1. Paper
12.7.2. Metal
12.7.3. Glass
12.7.4. Plastic
12.7.5. Caps & Closures Packagin
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 & Closures Packaging Demand Share, 2019-2026
13. Middle East & Africa Caps & Closures Packaging 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 & Closures Packaging 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 & Closures Packaging Market Size and Volume Forecast by Application
13.4.1. Pharmaceuticals
13.4.2. Personal Care
13.4.3. Consumer Goods
13.4.4. Food & Beverage
13.4.5. Electronics Goods
13.4.6. Paint and Dyes
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Caps & Closures Packaging Market Size and Volume Forecast by Type
13.7.1. Paper
13.7.2. Metal
13.7.3. Glass
13.7.4. Plastic
13.7.5. Caps & Closures Packagin
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 & Closures Packaging Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Caps & Closures Packaging Market: Market Share Analysis
14.2. Caps & Closures Packaging Distributors and Customers
14.3. Caps & Closures Packaging Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Amcor
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Amcor
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Janco
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Huhtamaki
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Constantia Flexibles
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dupont
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Multivac
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Winpak
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Essel Propack
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Albéa
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Caps & Closures Packagin
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
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
