Plastic Caps and Closures Market Size, Growth, Opportunity and Forecast By 2021-26

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According to IMARC Group’s latest report, titled “Plastic Caps and Closures Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global plastic caps and closure market reached US$ 41.6 Billion in 2020.  Looking forward, IMARC Group expects the market to exhibit moderate growth during the next five years.

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Plastic caps and closures offer numerous advantages over caps and closures made using other materials, such as metal and rubber. This, in confluence with the increasing demand for packaged water, alcoholic drinks, and noncarbonated beverages, represents one of the key factors strengthening the market growth. Besides this, due to rising environmental concerns, manufacturers around the world are employing bioplastics to produce plastic caps and closures. They are also utilizing holographic and QR+ technologies to ensure the safety of products, which is creating a favorable market outlook.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape:

  • Berry Global
  • Amcor
  • Crown Holdings
  • Silgan Holdings
  • RPC Group
  • Bericap
  • AptarGroup, Inc
  • Closure Systems International
  • Coral Products
  • Berk Company, LLC
  • United Caps
  • Caps & Closures Pty Ltd
  • Caprite Australia Pty. Ltd
  • Pano Cap (Canada) Limited
  • Plastic Closures Limited
  • Cap & Seal Pvt. Ltd.
  • Phoenix Closures
  • Alupac India
  • Hicap Closures
  • MJS Packaging.

Market Segmentation:

Breakup by Product Type:

  • Screw-On Caps
  • Dispensing Caps
  • Others

Breakup by Raw Material:

  • PET
  • PP
  • HDPE
  • LDPE
  • Others

Breakup by Container Type:

  • Plastic
  • Glass
  • Others

Breakup by Technology:

  • Injection Molding
  • Compression Molding
  • Post-Mold Tamper-Evident Band

Breakup by End-Use:

  • Beverages
  • Industrial Chemicals
  • Food
  • Cosmetics
  • Household Chemicals
  • Pharmaceuticals
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Key highlights of the report:                                                           

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Market Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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