Market Overview:
The global PP plastic closure 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 PP closures from various end-use industries such as beverage, pharmaceutical, and personal care products. In addition, the growing demand for lightweight and durable closures is also contributing to the growth of this market. Based on type, compression moulding accounted for a major share of the global PP plastic closure market in 2017. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its ability to produce high-quality closures with intricate designs and patterns. Injection moulding is another key segment of this market and is projected grow at a CAGR of 5%.
Product Definition:
A PP plastic closure is a type of closure that is made from polypropylene. It is used to seal containers and bottles, and it can also be used as a dispenser for products such as lotions or shampoos. The PP plastic closure is important because it helps to keep the contents of the container or bottle safe and secure, and it also helps to preserve the product.
Compression Moulding:
Compression moulding is a technique of creating plastic parts by forcing molten plastic into a metal mold under high pressure. The process can be used for making complicated as well as simple shapes depending on the type of machine used and the type of material being processed.
Injection Molding:
Injection molding is a process of converting an object into a plastic shape by injecting molten plastic material under high pressure. The injection molding machine consists of two main parts, the hopper and the barrel.
Application Insights:
The global PP plastic closure market has been segmented on the basis of application into beverage industry, pharmaceutical industry, personal care products and others. In 2017, the beverage industry held a major share in terms of applications for PP closures. The growth can be attributed to factors such as growing demand for packaged drinking water and soft drinks across the globe.
In addition, increasing consumption of alcoholic beverages is also expected to propel demand globally over the forecast period. On the other hand, personal care products are likely to witness significant growth over next six years owing to rising consumer awareness regarding health & hygiene issues coupled with an increase in spending capacity among consumers globally.
Pharmaceutical is another key application segment where closures are used extensively due largely to their properties including chemical resistance and durability which make them suitable for use in drug packaging & containers among other medical devices & equipment components etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly 60% of the global population and a similar proportion of global GDP, which makes it an important consumer market as well as producer. China, India, Japan and South Korea are among Asia’s largest economies with growing middle-class populations that are increasingly preferring packaged food products; these trends are projected to have a positive impact on regional growth over the coming years.
Europe was estimated to be valued at USD X billion in 2017 owing to high demand from personal care products due mainly to rising geriatric population coupled with increasing disposable income levels across countries such as Germany, U.K., France etc.
Growth Factors:
- Increasing demand from food and beverage industry: The global food and beverage industry is expected to grow at a CAGR of 4.5% during the forecast period, which is expected to drive the growth of PP plastic closures market.
- Rising demand for lightweight packaging: Lightweight packaging helps in reducing the overall weight of the product, which leads to reduced transportation costs and also helps in conserving natural resources. PP plastic closures are lightweight and hence are preferred over other closure types for lightweight packaging applications.
- Growing popularity of ready-to-eat meals: The popularity of ready-to-eat meals is increasing due to hectic lifestyles and changing dietary habits among consumers across the globe. This is driving the demand for PP plastic closures as they are ideal for packing ready-to-eat meals as they do not contaminate or spoil food items during storage or transportation.
Scope Of The Report
Report Attributes
Report Details
Report Title
PP Plastic Closure Market Research Report
By Type
Compression Moulding, Injection Molding
By Application
Beverage Industry, Pharmaceutical Industry, Personal Care Products
By Companies
Bericap, Closure Systems International, Aptar Group, GCS, Silgan, ALPLA, THC, Berry Plastics, Mold Rite Plastics, Oriental Containers, Zijiang, Jinfu, 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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global PP Plastic Closure Market Report Segments:
The global PP Plastic Closure market is segmented on the basis of:
Types
Compression Moulding, Injection Molding
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
Beverage Industry, Pharmaceutical Industry, Personal Care Products
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
- Aptar Group
- GCS
- Silgan
- ALPLA
- THC
- Berry Plastics
- Mold Rite Plastics
- Oriental Containers
- Zijiang
- Jinfu
- ZhongFu
- Blackhawk Molding
- Mocap
Highlights of The PP Plastic 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:
- Compression Moulding
- Injection Molding
- By Application:
- Beverage Industry
- Pharmaceutical Industry
- Personal Care Products
- 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 PP Plastic 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.
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- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand 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?
PP plastic closure is a type of plastic packaging that uses a heat seal to create an airtight seal. PP closures are often used for food and beverage products, such as bottles and cans.
Some of the key players operating in the pp plastic closure market are Bericap, Closure Systems International, Aptar Group, GCS, Silgan, ALPLA, THC, Berry Plastics, Mold Rite Plastics, Oriental Containers, Zijiang, Jinfu, ZhongFu, Blackhawk Molding, Mocap.
The pp plastic closure market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PP Plastic Closure 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. PP Plastic Closure Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PP Plastic Closure Market - Supply Chain
4.5. Global PP Plastic Closure Market Forecast
4.5.1. PP Plastic Closure Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PP Plastic Closure Market Size (000 Units) and Y-o-Y Growth
4.5.3. PP Plastic Closure Market Absolute $ Opportunity
5. Global PP Plastic Closure 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. PP Plastic Closure Market Size and Volume Forecast by Type
5.3.1. Compression Moulding
5.3.2. Injection Molding
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PP Plastic Closure 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. PP Plastic Closure Market Size and Volume Forecast by Application
6.3.1. Beverage Industry
6.3.2. Pharmaceutical Industry
6.3.3. Personal Care Products
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PP Plastic Closure 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. PP Plastic Closure 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 PP Plastic Closure 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. PP Plastic Closure 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 PP Plastic Closure Demand Share Forecast, 2019-2029
9. North America PP Plastic Closure 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 PP Plastic Closure 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 PP Plastic Closure Market Size and Volume Forecast by Application
9.4.1. Beverage Industry
9.4.2. Pharmaceutical Industry
9.4.3. Personal Care Products
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PP Plastic Closure Market Size and Volume Forecast by Type
9.7.1. Compression Moulding
9.7.2. Injection Molding
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 PP Plastic Closure Demand Share Forecast, 2019-2029
10. Latin America PP Plastic Closure 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 PP Plastic Closure 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 PP Plastic Closure Market Size and Volume Forecast by Application
10.4.1. Beverage Industry
10.4.2. Pharmaceutical Industry
10.4.3. Personal Care Products
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PP Plastic Closure Market Size and Volume Forecast by Type
10.7.1. Compression Moulding
10.7.2. Injection Molding
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 PP Plastic Closure Demand Share Forecast, 2019-2029
11. Europe PP Plastic Closure 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 PP Plastic Closure 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 PP Plastic Closure Market Size and Volume Forecast by Application
11.4.1. Beverage Industry
11.4.2. Pharmaceutical Industry
11.4.3. Personal Care Products
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PP Plastic Closure Market Size and Volume Forecast by Type
11.7.1. Compression Moulding
11.7.2. Injection Molding
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 PP Plastic Closure Demand Share, 2019-2029
12. Asia Pacific PP Plastic Closure 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 PP Plastic Closure 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 PP Plastic Closure Market Size and Volume Forecast by Application
12.4.1. Beverage Industry
12.4.2. Pharmaceutical Industry
12.4.3. Personal Care Products
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PP Plastic Closure Market Size and Volume Forecast by Type
12.7.1. Compression Moulding
12.7.2. Injection Molding
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 PP Plastic Closure Demand Share, 2019-2029
13. Middle East & Africa PP Plastic Closure 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 PP Plastic Closure 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 PP Plastic Closure Market Size and Volume Forecast by Application
13.4.1. Beverage Industry
13.4.2. Pharmaceutical Industry
13.4.3. Personal Care Products
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PP Plastic Closure Market Size and Volume Forecast by Type
13.7.1. Compression Moulding
13.7.2. Injection Molding
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 PP Plastic Closure Demand Share, 2019-2029
14. Competition Landscape
14.1. Global PP Plastic Closure Market: Market Share Analysis
14.2. PP Plastic Closure Distributors and Customers
14.3. PP Plastic Closure Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bericap
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Closure Systems International
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Aptar Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GCS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Silgan
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ALPLA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. THC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Berry Plastics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mold Rite Plastics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Oriental Containers
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Zijiang
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jinfu
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ZhongFu
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Blackhawk Molding
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Mocap
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
