Global Plastic Caps and Closures Market Overview, Research, Size And Forecast

Summary

Orbis Research Present’s Global Plastic Caps and Closures Market By Raw Material (PET, PP, HDPE, LDPE), vertical (Alcoholic Beverages, Non-Alcoholic Beverages, Cosmetics, Pharmaceutical, Chemical, Household and others), Country, Trends, Forecasts (2017-2022).

Description

Plastic caps/closures are manufactured by either injection molded process or compression molded process. These plastic caps/closures are manufactured using various raw materials (resins) like PET, PP, HDPE, LDPE, and others. Of the total caps and closures market, plastic caps and closures have 70% of the market share. The rest is split between, metal, metal-plastic, and rubber/cork.

The global production of plastic caps and closures in 2016 was 1,286 billion units and is estimated to reach 1,944 billion units by 2022, at a CAGR of 7.13%, while in terms of revenue, the market was worth USD 29.34 billion in 2016 and is projected to reach USD 40.78 billion in 2022, at a CAGR of 5.65% during the period 2017 – 2022.

Beverages industry lead the plastic caps and closures market in 2014 while, at the same time, high growth is expected to be observed in the bottled water segment across the globe driving the demand for plastic caps and closure products. Factors like innovative/customized products tamper evident, child-resistant, and others are the driving factors of plastic caps and closures market. On the other hand, pharmaceutical regulations on PET bottles (in countries like India) are a constraint to the market.

The market is highly fragmented with the top five players holding just 15-18% of the global market share. As a result of a vast number of suppliers, the industry is witnessing consolidation among players to increase the market penetration (especially big/global companies acquiring small/local companies).

Get a PDF Sample of Global Plastic Caps and Closures Market Report at: http://www.orbisresearch.com/contacts/request-sample/221663

DRIVERS

  • Innovative products

RESTRAINTS

  • Increase in raw material prices
  • Regulations on usage of PET bottles/caps for pharmaceutical drugs

What the report offers

  • Market definition for the global plastic caps and closures market, along with identification of key drivers and restraints for the market.
  • Market analysis for the global plastic caps and closures market, with region-specific assessments.
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.
  • Identification and analysis of the macro and micro factors that affect the plastic caps and closures market on both global and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

Place a Purchase Order for this Report at: http://www.orbisresearch.com/contact/purchase/221663  

Major Points Covered in Global Plastic Caps and Closures Market Report:

  • Research Methodology
  • Executive Summary
  • MARKET OVERVIEW
  • MARKET DYNAMICS
  • Plastic Caps and Closures Market Segmentation, Forecasts and Trends – by Volume, by Revenue
  • Investment Analysis
  • Future of Plastic Caps and Closures Market

About Us:

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Information:

Hector Costello

Senior Manager – Client Engagements

4144N Central Expressway,

Suite 600, Dallas,

Texas – 75204, U.S.A.

Phone No.: +1 (214) 884-6817; +9164101019

Follow Us on LinkedIn: https://www.linkedin.com/company/orbis-research

%d bloggers like this: