Global Plastic Caps and Closures Market 2018-2023 with Berry Group, Crown Holding, AptarGroup, Amcor, Coral Products, Closure Systems International, BERICAP, Silgan Holdings & RPC Dominating

DUBLIN, June 6, 2018 /PRNewswire/ --

The "Plastic Caps and Closures Market by Product Type, Technology, Raw Material, End-use Sector, Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The research projects that the plastic caps and closures market size will grow from USD 40.52 Billion in 2018 to USD 51.67 Billion by 2023, at a projected CAGR of 4.99%.

The plastic caps and closures market is expected to witness high growth as a result of the growing end-use industry such as beverages and healthcare as well as the rising concerns about product quality and safety.

The segmentation for this report is based on product type, technology, raw material, container type, end-use sector, and region. On the basis of product type, screw-on caps are projected to form the fastest-growing type in the plastic caps and closures market as it is lightweight, cost-effective, can be tamper-evident, and can be used to package various types of products from to different industries.

Plastic caps and closures have witnessed extensive traction for the packaging of bottled water, carbonated soda drinks, and non-carbonated soda drinks.

Plastic caps and closures are used in various industries, and their utility includes maintaining the quality of the products, increasing the shelf life of the commodity, and keeping the products fresh. These are some of the main reasons which have led to the increase in their share in the packaging industry. The beverages segment is projected to have the largest market share and dominate the plastic caps and closures market from 2018 to 2023. Pharmaceuticals is the next application to play a key role in changing the plastic caps and closures landscape and grow at the highest rate during the forecast period. The beverages industry, for a long time, has been the major contributor to the rising demand for plastic caps and closures.

Asia Pacific is projected to have the largest market share and dominate the plastic caps and closures market from 2018 to 2023. This region offers potential growth opportunities, as developing countries such as China and India are projected to be emerging markets, making it the fastest-growing market for plastic caps and closures. The growth of the plastic caps and closures market in this region is propelled by factors such as the growth of the beverage, healthcare, and personal care products industry. Also, the growing population and economic development are other factors driving the market.

Factors such as stringent regulations in the plastic caps and closures industry as well as growing demand for substitutes such as blister packs act as a restraint for the growth of the market. The global market for plastic caps and closures is dominated by players such as Berry Group (US) Crown Holding (US), AptarGroup (US), Amcor (Australia), Coral Products (UK), Closure Systems International (US), BERICAP (Germany), Silgan Holdings (US), RPC Group (UK).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Plastic Caps & Closure Market
4.2 Plastic Caps and Closures Market, By Product Type
4.3 Plastic Caps and Closures Market, By Technology
4.4 Plastic Caps and Closures Market, By Conatiner Type
4.5 Plastic Caps and Closures Market, By Raw Material
4.6 Plastic Caps and Closures Market, By End-Use Sector
4.7 Plastic Caps and Closures Market: Regional Snapshot

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increase in Demand for Bottled Water
5.2.1.2 Need for Convenience and Concerns About Product Safety & Security
5.2.1.3 Product Differentiation & Branding and Decreasing Package Sizes
5.2.2 Restraints
5.2.2.1 Development of Substitutes
5.2.3 Opportunities
5.2.3.1 Emerging Economies
5.2.4 Challenges
5.2.4.1 Matured Markets in Developed Regions

6 Plastic Caps and Closures Market, By Product Type
6.1 Introduction
6.2 Screw-On Caps
6.3 Dispensing Caps
6.4 Others

7 Plastic Caps and Closures Market, By Container Type
7.1 Introduction
7.2 Plastic
7.3 Glass

8 Plastic Caps and Closures Market, By Technology
8.1 Introduction
8.2 Injection Molding
8.3 Compression Molding
8.4 Post-Mold Tamper-Evident Band

9 Plastic Caps and Closures Market, By Raw Material
9.1 Introduction
9.2 HDPE (Polyethylene)
9.3 LDPE (Polyethylene)
9.4 PP (Polypropylene)
9.5 Others

10 Plastic Caps and Closures Market, By End-Use Sector
10.1 Introduction
10.2 Beverages
10.3 Food
10.4 Pharmaceuticals
10.5 Personal & Homecare
10.6 Others

11 Plastic Caps and Closures Market, By Region

12 Competitive Landscape
12.1 Overview
12.2 Competitive Scenario
12.2.1 Expansions & Investments
12.2.2 Mergers & Acquisitions
12.2.3 Agreements, Contracts, and Strategic Alliances
12.2.4 New Product and Technology Launches

13 Company Profiles
13.1 Berry Global
13.2 Amcor
13.3 Crown Holdings
13.4 Silgan Holdings
13.5 RPC Group
13.6 Bericap
13.7 Aptargroup
13.8 Closure Systems International
13.9 Coral Products
13.10 O.Berk Company, LLC
13.11 Additional Companies
13.11.1 United Caps
13.11.2 Caps & Closures Pty Ltd
13.11.3 Caprite Australia Pty. Ltd
13.11.4 Pano Cap (Canada) Limited
13.11.5 Plastic Closures Limited
13.11.6 Cap & Seal Pvt. Ltd
13.11.7 Phoenix Closures
13.11.8 Alupac India
13.11.9 Hicap Closures
13.11.10 MJS Packaging

For more information about this report visit https://www.researchandmarkets.com/research/mrphth/global_plastic?w=5

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