LONDON, Sept. 1, 2015 /PRNewswire/ -- About Caps and Closures
Caps and closures are essential elements in the overall packaging of products, enhancing both the aesthetics and functionality of the products. They protect packaged products such as foods and beverages from spoilage, dust, pollutants, and evaporation. They keep the contents fresh and make handling convenient. Today, caps and closures are also used for product differentiation and brand building. They are generally made of metal, plastic, rubber, or combinations of these materials. Some types of caps and closures are threaded caps, snap caps, hinged caps, stoppers, corks, roll-on closures, twist-off closures, lug caps, and canning lids. They are used in various sectors such as food and beverage, pharmaceuticals, home care, health and beauty, chemicals, paints, personal care, and automotive.
Technavio's analysts forecast the global caps and closures market to grow at a significant pace during 2014-2019, posting a CAGR of 4.07% in terms of volume and 6.35% in terms of revenue.
Covered in this report
This report covers the present scenario and the growth prospects of the global caps and closures market for 2015-2019. To calculate the market size, this report covers revenue generated by the various segments of the market, which has been divided based on the raw materials used. The market has been divided into the following segments: plastic, metal, and rubber/cork.
Technavio's report, Global Caps and Closures Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the end-user segment distribution of 2014. It also presents the vendor landscape and a corresponding detailed analysis of the top eight vendors in the market.
Key Regions
- APAC
- Central and Eastern Europe
- MEA
- North America
- South America
- Western Europe
Key Vendors
- Amcor
- Bericap
- Berry Plastics
- Closure Systems International
- Crown Holdings
- Global Closure System
- Reynolds Group Holdings
- Silgan Holdings
Other Prominent Vendors
- Albéa Group
- Alpha Werke
- Aptar Group
- Borealis
- DS Smith
- Gerresheimer
- Guala Closures
- Hoffman Neopac
- Huhtamaki
- Meadwestvaco
- Nampak
- Oricon Enterprises
- Pelliconi
- Rexam
- Rieke Packaging Systems
- Riwisa
- RPC Group
Key Market Driver
- Demand for Packaged Foods and Beverages
- For a full, detailed list, view our report
Key Market Challenge
- High Cost of Raw Materials
- For a full, detailed list, view our report
Key Market Trend
- Focus on Light-weighting Process
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Download the full report: https://www.reportbuyer.com/product/3155268/
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