Plastic Caps and Closures Market by Type, Application, End-use, Business-Development, Challenges & Regions – Adroit Market Research
Global Plastic Caps & Closures market size is anticipated to expand over USD 50 billion by 2025. Plastic caps and closures provide sealing to the plastic, glass or cane containers and bottles.
Dallas, United States – May 28, 2021 /MarketersMedia/ —
Plastic Caps and Closures are effectives sealing devices to close containers or bottles. The beneficial features provided by these caps and closures such as flexibility, durability and versatility associated with cost efficient production rate makes them an ideal choice for packaging. The protection provided from the tampering of products is another advantage of using caps and closures as a packaging method. Plastic ones are mostly used for the closures of the plastic bottles. The Plastic Caps and Closures are found useful in several end use sectors such as toiletries, cosmetics, pharmaceuticals, etc. The Plastic Caps and Closures are gaining a major traction worldwide attributed by the benefits they provide.
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The global Plastic Caps and Closures industry has recorded a substantial growth in overall market performance over the recent years. The rising ecommerce sites resulted in to rapid rise in online shopping which in turn is providing lucrative growth opportunities to manufacturers in the market globally. The concerns among people related to the preserving of the quality and safety in the food and beverage items has been fueling the growth of the Plastic Caps and Closures market. In addition to that, the increase in the convenience packaging is also anticipated to propel the growth of the industry in forecasted period.
The rising urbanization among the developing regions has given rise to the increase in the disposable income which is expected to flourish the demand for the Plastic Caps and Closures. The use of Heat induction cap liner which are made out of various types of plastics like HDPE, PVC, PP, etc. which protects containers from any type of leakage and provides tamper evidence characteristics are anticipated to fuel the market growth. However, the impacts of the plastic used in the manufacturing of these caps and closures on environment are major concern that can impede the growth of the market. In addition to that, the increasing green initiatives and strict policies are also expected to restrain the growth of Global Plastic Caps and Closures Market.
The major players operating across the global Plastic Caps & Closures market include Silgan Holdings Inc., Comar LLC, Global Closure Systems, AptarGroup, TriMas, and Alcoa Corporation including others. The industry for Plastic Caps & Closures is integrated with the participation of established global players across the globe. In addition, these companies are focusing on expanding their footprint through implementation of inorganic as well as organic strategies which in turn is proliferating the business outlook.
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Some Major Points From TOC:
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Market Outlook
Chapter 5 Plastic Caps and Closures Market by Type
Chapter 6 Plastic Caps and Closures Market by End-User
Chapter 7 Plastic Caps and Closures Market by Material
Chapter 8 Plastic Caps and Closures Market By Region
Chapter 9 Competitive Landscape
Chapter 10 Company Profiles
10.1 Silgan Holdings Inc.
10.2 Comar LLC
10.3 Amcor Limited
10.4 Global Closure Systems
10.5 AptarGroup
10.6 TriMas
10.7 Alcoa Corporation
10.8 J.L. CLARK
10.9 Guala Closures Group
10.10 Phoenix Closures, Inc.
10.11 Other Companies
Chapter 11 Appendix
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