Market Overview:
The global polyethylene closure 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 polyethylene closures from various end-use industries, such as pharmaceuticals, food and beverage, cosmetics, personal care and automotive. In addition, the growing demand for screw type closures and other types of closures is also contributing to the growth of this market. Regionally, North America dominates the global polyethylene closure market followed by Europe and Asia Pacific. The dominance of these regions can be attributed to factors such as high consumption levels in these regions coupled with stringent regulations pertaining to product safety and quality.
Product Definition:
A closure is a device that seals the opening of a container. Polyethylene closures are made from polyethylene and are used to seal containers that contain food or beverages. Polyethylene closures are important because they protect the contents of the container from contamination and spoilage.
Screw Type:
Screw type is a majorly used fastener in the packaging industry. It is available in various forms such as drywall, self-tapping, pan head, and dry vent. The screw type has applications in several end-use industries including construction & building and automotive among others. Polyethylene (PE) closure market demand is expected to witness significant growth on account of growing food processing industry across the globe over the forecast period.
Button Type:
The global button type market is expected to witness significant growth over the forecast period. The market growth can be attributed to the growing demand for plastic closures in various end-use industries such as pharmaceutical, food & beverage and chemical. Polyethylene (PE) closure consists of a top portion which is attached to a lower portion by way of two or more buttons.
Application Insights:
The other application segment includes construction, electrical and electronics, medical devices, and industrial applications. The demand for polyethylene closure is expected to grow at a significant rate owing to its properties such as lightweight, high temperature resistance (up to 180°C), chemical inertness (to drugs and medicines), low gas permeability compared to glass jars or metal cans.
The food & beverage application segment accounted for the largest revenue share in 2017 due to extensive usage of PE bottles in the packaging of soft drinks including carbonated beverages like soda and mineral water. In addition, increasing use of PE closures for packing various food products including jams/jellies/salsas is projected drive growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is projected to account for a revenue share of over 37% by 2030. This can be attributed to increasing product demand from various end-use industries, such as pharmaceutical, food and beverage, cosmetics, automotive in emerging economies such as China and India.
The polyethylene industry has witnessed significant growth owing to rising demand from packaging applications across Asia Pacific countries including China, Japan, South Korea & Taiwan since past few years due to growing exports coupled with domestic consumption especially in major cities like Tokyo & Osaka. Increasing population along with rising disposable income levels has resulted into increased imports of packaged food which will further boost regional market growth during the forecast period.
Growth Factors:
- Increasing demand from end-use industries such as food and beverage, personal care, and pharmaceuticals
- Rising disposable income of consumers in developing countries
- Technological advancements in polyethylene closure manufacturing process
- Growing popularity of screw caps over traditional closures such as corks and crown caps
- Stringent government regulations on product packaging
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyethylene Closure Market Research Report
By Type
Screw Type, Button Type, Other
By Application
Pharmaceutical, Food and Beverage, Cosmetics, Personal Care, Automotive, Others
By Companies
Berry Global, AptarGroup, O. Berk Company, Silgan Dispensing Systems, Weener Plastics Group, Closure Systems International, Drug Plastics Group, RPC Group, Gerresheimer, Comar, Raepak, MJS Packaging, Ramson Packaging
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Polyethylene Closure Market Report Segments:
The global Polyethylene Closure market is segmented on the basis of:
Types
Screw Type, Button Type, Other
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
Pharmaceutical, Food and Beverage, Cosmetics, Personal Care, Automotive, 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:
- Berry Global
- AptarGroup
- O. Berk Company
- Silgan Dispensing Systems
- Weener Plastics Group
- Closure Systems International
- Drug Plastics Group
- RPC Group
- Gerresheimer
- Comar
- Raepak
- MJS Packaging
- Ramson Packaging
Highlights of The Polyethylene Closure 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:
- Screw Type
- Button Type
- Other
- By Application:
- Pharmaceutical
- Food and Beverage
- Cosmetics
- Personal Care
- Automotive
- 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 Polyethylene Closure 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?
Polyethylene closure is a type of plastic film that is used to seal food products. It is made from a polymer and has a number of different uses, including as an ingredient in many types of packaging.
Some of the major companies in the polyethylene closure market are Berry Global, AptarGroup, O. Berk Company, Silgan Dispensing Systems, Weener Plastics Group, Closure Systems International, Drug Plastics Group, RPC Group, Gerresheimer, Comar, Raepak, MJS Packaging, Ramson Packaging.
The polyethylene closure 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 Polyethylene Closure 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 Polyethylene Closure Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyethylene Closure 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 Polyethylene Closure 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 Polyethylene Closure Market Size & Forecast, 2020-2028
4.5.1 Polyethylene Closure Market Size and Y-o-Y Growth
4.5.2 Polyethylene Closure 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 Screw Type
5.2.2 Button Type
5.2.3 Other
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 Pharmaceutical
6.2.2 Food and Beverage
6.2.3 Cosmetics
6.2.4 Personal Care
6.2.5 Automotive
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyethylene Closure 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 Polyethylene Closure 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 Screw Type
9.6.2 Button Type
9.6.3 Other
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 Pharmaceutical
9.10.2 Food and Beverage
9.10.3 Cosmetics
9.10.4 Personal Care
9.10.5 Automotive
9.10.6 Others
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 Screw Type
10.6.2 Button Type
10.6.3 Other
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 Pharmaceutical
10.10.2 Food and Beverage
10.10.3 Cosmetics
10.10.4 Personal Care
10.10.5 Automotive
10.10.6 Others
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 Screw Type
11.6.2 Button Type
11.6.3 Other
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 Pharmaceutical
11.10.2 Food and Beverage
11.10.3 Cosmetics
11.10.4 Personal Care
11.10.5 Automotive
11.10.6 Others
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 Screw Type
12.6.2 Button Type
12.6.3 Other
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 Pharmaceutical
12.10.2 Food and Beverage
12.10.3 Cosmetics
12.10.4 Personal Care
12.10.5 Automotive
12.10.6 Others
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 Screw Type
13.6.2 Button Type
13.6.3 Other
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 Pharmaceutical
13.10.2 Food and Beverage
13.10.3 Cosmetics
13.10.4 Personal Care
13.10.5 Automotive
13.10.6 Others
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 Polyethylene Closure Market: Competitive Dashboard
14.2 Global Polyethylene Closure Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Berry Global
14.3.2 AptarGroup
14.3.3 O. Berk Company
14.3.4 Silgan Dispensing Systems
14.3.5 Weener Plastics Group
14.3.6 Closure Systems International
14.3.7 Drug Plastics Group
14.3.8 RPC Group
14.3.9 Gerresheimer
14.3.10 Comar
14.3.11 Raepak
14.3.12 MJS Packaging
14.3.13 Ramson Packaging
