The Infinium Global Research analyzes the Caps and Closure Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global caps and closure market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of caps and closure. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the caps and closure market during the period. The global caps and closure market is projected to grow with a CAGR of 4.9% from 2017 to 2023. In terms of volume the caps and closure market is likely to surpass 3.34 trillion units by 2023, with volume CAGR slightly more than 4.4% between 2017 and 2023. The global caps and closure market was worth USD 49.78 billion in 2015.
We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report shall be Revised to 2020-2026.
The Section on the Impact of COVID-19 on this Market is Included in the Report for Free. To Know More Request Sample of this Report: https://www.infiniumglobalresearch.com/reports/sample-request/81
The report identified that the global caps and closure market is driven by factors such as, increasing demand in Asia-Pacific region, growth in applications such as food & beverages and pharmaceuticals. Moreover, growth in plastic and glass containers/bottles is likely to boost the market size of caps and closures over the next few years. On the other hand, the restraining factors identified in the study include demand for lightweight & cost-effective packaging.
Rising demand for plastic caps and closures and increasing use of PET-Disposable bottles provide opportunity for major players in the emerging and developing economies. Flexible packaging such as pouches for sealing containers and usage of PVC, paper, aluminium and polypropylene as a substitute is a challenge for the major players to expand further during the forecast period.
Ask Discount for the latest research report @ https://www.infiniumglobalresearch.com/reports/request-discount/81
Market Segmentation by raw-material include plastic, metal & others
The report segments the global caps and closure market on the basis of raw-materials, type, end-use industry and region. The market size of each segment has been provided in terms of value (USD) and volume (tons). The market segments, by raw-material include plastic, metal & others. The market segments by type include plastic caps & closures, metal caps & closures, caps & closures and other. The market segments by end-use industry include beverage industry, food industry, healthcare industry, cosmetics & toiletries and chemical & automotive industry.
Competitive Landscape
The companies covered in the report include Pact Group Holdings Ltd, Aptar Group Inc., Reynolds Group Holdings Ltd, Closure Systems International (CSI), Silgan Holdings Inc., Crown Holdings, Inc., Berry Plastics Corporation, BERICAP GmbH und Co KG, Alpla Holdings Gmbh, Amcor Ltd., Essel Propack Ltd.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/consumer-goods-packaging/global-caps-closure-market
Report Highlights:
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of caps and closures globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of caps & closures.
Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the global caps and closure market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the global caps and closure market to understand the present and future trends in this market and formulate their strategies accordingly.