DUBLIN, August 17, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Metal Caps and Closures Market 2016-2020" report to their offering.
The global metal caps and closures market to grow at a CAGR of 5.36% during the period 2016-2020.
Global Metal Caps and Closures Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Caps and closures provide protection from the external environment and tamper resistance for food and beverages products, pharmaceutical products, and other consumer and industrial goods. Caps and closures aid in the reliable distribution of products in the value chain by providing protection to the product from spilling or getting contaminated.
The different types of material used to manufacture cups and lids are plastic, paper and paperboard, metal, foil, and other materials. Some types of caps and closures are lug caps, snap caps, roll-on closures, hinged caps, threaded caps, stoppers, corks, twist-off closures, and canning lids.
According to the report, increased attention on specialty beverages will be a key driver for market growth. Initially, there were only a few beverages available in the market, which included juices, shakes, carbonated soft drinks, coffee, tea, or drinking water. Companies have now introduced specialty beverages like energy drinks, flavored water, and ice-cream drinks. The demand for specialty beverages is increasing day by day and is expected to become a stand-alone product in the market.
Even, many restaurants and food stalls have started offering beer on their menus. For instance, Starbucks, Burger King, and Sonic have already started serving beer in the US, while McDonald's is serving alcohol in some European countries. With people becoming more concerned about their health, consumption of beverages with fruits and vegetables is also expected to rise during the forecast period. These factors have increased the demand for beverages packs in the global market, thereby increasing the demand for metals caps and closures.
- Crown Holdings
- Global Closure Systems
Other prominent vendors
- Alpha Packaging
- Fontana Manufacturers
- Guala Closures
- Metal Closures
- Nippon closures
- Phoenix closures
- Reynold Group Holdings
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by materials
Part 07: Market segmentation by end-users
Part 08: Geographical segmentation
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/flgsx7/global_metal_caps
Related Topics: Metals and Minerals, Beverage Packaging
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SOURCE Research and Markets