Market Overview:
The global ring pull caps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market was valued at US$ 2,362.8 Mn in 2017 and is projected to reach US$ 3,584.4 Mn by 2030. In terms of volume, the global ring pull caps market is anticipated to register a CAGR of 4%. Aluminum maked is the most commonly used type of ring pull caps and took over 97% market share in 2018.
Product Definition:
Ring pull caps are a type of closure that is used to seal the top of a container. They are made up of two metal rings that fit around the neck of the container and a cap that is inserted between the rings. The cap has a hole in it so that it can be pulled off easily. Ring pull caps are often used on beverage containers, such as cans or bottles, to prevent spillage.
Material: Aluminum:
Aluminum is a lightweight, durable & flexible metal that has been used for centuries. It is the most common material used in caps and closures. Aluminum's strength makes it an ideal choice to be used in ring pull caps. The growth factor of this market can be attributed to its properties such as malleability, ductility & rigidity which make it suitable for manufacturing various products ranging from kitchenware to aircraft parts.
Material: Steel:
Ring pull caps are used to protect the outer surface of the finger when removing a phone or an earphone. The material for making ring pull caps is usually made up of plastic and metal, wherein plastic is used as a base material and then coated with a layer of stainless steel in order to make it durable.
Application Insights:
Beer application segment is expected to be the fastest-growing market for ring pull caps, with a CAGR of XX% over the forecast period. Growing popularity of craft beer and hard liquor has led to an increase in demand for alcoholic beverages, which in turn is likely to propel product demand over the coming years.
Soft drinks application segment accounted for market share of 20% in terms of revenue in 2018 and is expected to grow at a significant rate during the forecast period. Increasing consumption of carbonated soft drinks such as Coca-Cola, PepsiCo., Tropicana & Quaker Oats among others are anticipated drive growth over next few years.
Regional Analysis:
North America is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030. The U.S., being one of the most important markets for global beer industry, has been witnessing significant growth in consumption volume since past few years and this trend is expected to continue over the forecast period.
Growth Factors:
- Increasing demand from end-use industries: The global Ring Pull Caps market is witnessing a significant growth due to the increasing demand from various end-use industries such as food and beverage, pharmaceuticals, and cosmetics.
- Rising disposable income of consumers: The growing disposable income of consumers is fueling the demand for Ring Pull Caps in the global market.
- Technological advancements: The introduction of innovative technologies in the manufacturing process of Ring Pull Caps is propelling the growth of this market globally.
- Growing awareness about hygiene and sanitation: There is a growing awareness among people about hygiene and sanitation which is boosting the sales of Ring Pull Caps products worldwide. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Ring Pull Caps Market Research Report
By Type
Material: Aluminum, Material: Steel, Aluminum maked is the most commonly used type of ring pull caps and took over 97% market share in 2018.
By Application
Beer, Soft Drinks, By application, beer is the largest segment, expected with sales market share of over 81% in 2015.
By Companies
Pelliconi, Nippon Closures Co., Ltd., Taiwan Hon Chuan Enterprise Co., Ltd., Finn-Korkki Oy, Yantai Yilade Packaging Technology Co., Ltd.
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Ring Pull Caps Market Report Segments:
The global Ring Pull Caps market is segmented on the basis of:
Types
Material: Aluminum, Material: Steel, Aluminum maked is the most commonly used type of ring pull caps and took over 97% market share in 2018.
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, Soft Drinks, By application, beer is the largest segment, expected with sales market share of over 81% in 2015.
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:
- Pelliconi
- Nippon Closures Co., Ltd.
- Taiwan Hon Chuan Enterprise Co., Ltd.
- Finn-Korkki Oy
- Yantai Yilade Packaging Technology Co., Ltd.
Highlights of The Ring Pull Caps 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:
- Material: Aluminum
- Material: Steel
- Aluminum maked is the most commonly used type of ring pull caps and took over 97% market share in 2018.
- By Application:
- Beer
- Soft Drinks
- By application, beer is the largest segment, expected with sales market share of over 81% in 2015.
- 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 Ring Pull Caps 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?
Ring pull caps are a type of bottle top that have a small hole in the center. When you twist the cap, it causes a ring to form around the hole, which makes it difficult for children or pets to remove the cap without help.
Some of the major companies in the ring pull caps market are Pelliconi, Nippon Closures Co., Ltd., Taiwan Hon Chuan Enterprise Co., Ltd., Finn-Korkki Oy, Yantai Yilade Packaging Technology Co., Ltd..
The ring pull caps 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. Ring Pull Caps 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. Ring Pull Caps Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ring Pull Caps Market - Supply Chain
4.5. Global Ring Pull Caps Market Forecast
4.5.1. Ring Pull Caps Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ring Pull Caps Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ring Pull Caps Market Absolute $ Opportunity
5. Global Ring Pull Caps 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. Ring Pull Caps Market Size and Volume Forecast by Type
5.3.1. Material: Aluminum
5.3.2. Material: Steel
5.3.3. Aluminum maked is the most commonly used type of ring pull caps and took over 97% market share in 2018.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ring Pull Caps 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. Ring Pull Caps Market Size and Volume Forecast by Application
6.3.1. Beer
6.3.2. Soft Drinks
6.3.3. By application, beer is the largest segment, expected with sales market share of over 81% in 2015.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ring Pull Caps 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. Ring Pull Caps 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 Ring Pull Caps 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. Ring Pull Caps 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 Ring Pull Caps Demand Share Forecast, 2019-2026
9. North America Ring Pull Caps 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 Ring Pull Caps 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 Ring Pull Caps Market Size and Volume Forecast by Application
9.4.1. Beer
9.4.2. Soft Drinks
9.4.3. By application, beer is the largest segment, expected with sales market share of over 81% in 2015.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ring Pull Caps Market Size and Volume Forecast by Type
9.7.1. Material: Aluminum
9.7.2. Material: Steel
9.7.3. Aluminum maked is the most commonly used type of ring pull caps and took over 97% market share in 2018.
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 Ring Pull Caps Demand Share Forecast, 2019-2026
10. Latin America Ring Pull Caps 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 Ring Pull Caps 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 Ring Pull Caps Market Size and Volume Forecast by Application
10.4.1. Beer
10.4.2. Soft Drinks
10.4.3. By application, beer is the largest segment, expected with sales market share of over 81% in 2015.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ring Pull Caps Market Size and Volume Forecast by Type
10.7.1. Material: Aluminum
10.7.2. Material: Steel
10.7.3. Aluminum maked is the most commonly used type of ring pull caps and took over 97% market share in 2018.
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 Ring Pull Caps Demand Share Forecast, 2019-2026
11. Europe Ring Pull Caps 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 Ring Pull Caps 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 Ring Pull Caps Market Size and Volume Forecast by Application
11.4.1. Beer
11.4.2. Soft Drinks
11.4.3. By application, beer is the largest segment, expected with sales market share of over 81% in 2015.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ring Pull Caps Market Size and Volume Forecast by Type
11.7.1. Material: Aluminum
11.7.2. Material: Steel
11.7.3. Aluminum maked is the most commonly used type of ring pull caps and took over 97 market share in 2018.
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 Ring Pull Caps Demand Share, 2019-2026
12. Asia Pacific Ring Pull Caps 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 Ring Pull Caps 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 Ring Pull Caps Market Size and Volume Forecast by Application
12.4.1. Beer
12.4.2. Soft Drinks
12.4.3. By application, beer is the largest segment, expected with sales market share of over 81% in 2015.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ring Pull Caps Market Size and Volume Forecast by Type
12.7.1. Material: Aluminum
12.7.2. Material: Steel
12.7.3. Aluminum maked is the most commonly used type of ring pull caps and took over 97% market share in 2018.
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 Ring Pull Caps Demand Share, 2019-2026
13. Middle East & Africa Ring Pull Caps 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 Ring Pull Caps 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 Ring Pull Caps Market Size and Volume Forecast by Application
13.4.1. Beer
13.4.2. Soft Drinks
13.4.3. By application, beer is the largest segment, expected with sales market share of over 81% in 2015.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ring Pull Caps Market Size and Volume Forecast by Type
13.7.1. Material: Aluminum
13.7.2. Material: Steel
13.7.3. Aluminum maked is the most commonly used type of ring pull caps and took over 97% market share in 2018.
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 Ring Pull Caps Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ring Pull Caps Market: Market Share Analysis
14.2. Ring Pull Caps Distributors and Customers
14.3. Ring Pull Caps Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Pelliconi
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nippon Closures Co., Ltd.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Taiwan Hon Chuan Enterprise Co., Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Finn-Korkki Oy
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Yantai Yilade Packaging Technology Co., Ltd.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
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
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
