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Global Caps and Closure Market Size to reach USD 72.84 Billion by 2027.

Global Caps and Closures Market by Product Type (Food caps and closure and Beverage caps and closure), by Application (Alcoholic and Nonalcoholic). Regional Forecasting 2020-2027.

Product Code: CAMP_24985605
Publish Date: 12-06-2020
Page: 200

Global Caps and Closure Market was valued at USD 48.19 Billion in 2019 and is expected to grow with a CAGR of 5.3% over the forecasting period 2020-2027. Caps and closure are an important part of packaging it includes caps, cane and other. It promotes longer shelf life of the products and provide a barrier to oxygen, water, moisture and dirt. Caps and closure are designed to meet the requirement of different type of containers. Current lifestyle requires lightweight, easy to handle, more convenience packaging. Knowing the importance of caps and closure many competitors come forward to invest in the industry. Increasing Demand of Plastic Caps and Closures and Growing demand of Packaging Industry are the main drivers to increase demand of caps and closure market. For instance, as per Statista, the packaging market grow by 11 percent between 2017 to 2021. Furthermore, as per Indian Institute of packaging, Indian packaging industry is expected to reach USD 204.81 billion by 2025. At 26.07% per annum. Despite that, Unstable Price of Raw Material is hinder the growth of market over the forecasting period 2020-2027.
The regional analysis of the Caps and Closure Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. In which, Asia Pacific is dominating the market due to growth in food and beverage industries and increase personal care industry. developing countries like China and India emerging the market. However, LAMEA region is expected to be the fastest growing region in terms of sales valoume over the forecasting period.

Key Players in Global Caps and Closure Market
Amcor Limited
AptarGroup Inc.
Berry Plastics Corporation
Crown Holdings Inc.
Guala Closures Group
Rexam PLC
Reynolds Group Holdings Limited
Silgan Holdings Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Food Caps and Closures
Beverages Caps and Closures
By Application:
Alcoholic Beverages
Non-Alcoholic Beverages
By Region:
North America

Asia Pacific

Latin America
Rest of LA
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of Global Caps and Closure Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Caps and Closure Market, by Product Type, 2018-2027 (USD Billion)
1.2.2. Caps and Closure Market, by Application, 2018-2027 (USD Billion)
1.2.3. Caps and Closure Market, By Region, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Caps and Closure Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Caps and Closure Market Dynamics
3.1. Caps and Closure Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Caps and Closure Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Caps and Closure Market, by Product Type
5.1. Market Snapshot
5.2. Global Caps and Closure Market by Source, Performance – Potential Analysis
5.3. Global Caps and Closure Market Estimates & Forecasts by Product Type 2018-2027 (USD Billion)
5.4. Caps and Closure Market, Sub Segment Analysis
5.4.1. Food Caps and Closures
5.4.2. Beverages Caps and Closures
Chapter 6. Global Caps and Closure Market, by Application
6.1. Market Snapshot
6.2. Global Caps and Closure Market by Source, Performance – Potential Analysis
6.3. Global Caps and Closure Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
6.4. Caps and Closure Market, Sub Segment Analysis
6.4.1. Alcoholic Beverages
6.4.2. Non-Alcoholic Beverages

Chapter 7. Global Caps and Closure Market, Regional Analysis
7.1. Caps and Closure Market, Regional Market Snapshot
7.2. North America Caps and Closure Market
7.2.1. U.S. Caps and Closure Market Product Type breakdown estimates & forecasts, 2018-2027 Application Type breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Caps and Closure Market
7.3. Europe Caps and Closure Market Snapshot
7.3.1. U.K. Caps and Closure Market
7.3.2. Germany Caps and Closure Market
7.3.3. France Caps and Closure Market
7.3.4. Spain Caps and Closure Market
7.3.5. Italy Caps and Closure Market
7.3.6. Rest of Europe Caps and Closure Market
7.4. Asia-Pacific Caps and Closure Market Snapshot
7.4.1. China Caps and Closure Market
7.4.2. India Caps and Closure Market
7.4.3. Japan Caps and Closure Market
7.4.4. Australia Caps and Closure Market
7.5. Latin America Caps and Closure Market Snapshot
7.6. Rest of The World Caps and Closure Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profile
8.2.1. Amcor Limited Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. AptarGroup Inc.
8.2.3. BERICAP GmbH Co. & KG
8.2.4. Berry Plastics Corporation
8.2.5. Crown Holdings Inc.
8.2.6. Guala Closures Group
8.2.7. Rexam PLC
8.2.8. Reynolds Group Holdings Limited
8.2.9. RPC Group PLC
8.2.10. Silgan Holdings Inc.

Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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