Plastic Caps & Closures Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Plastic Caps & Closures Market By Product (Screw-on caps, Dispensing caps, and others), By Container (Plastic and Glass), By Technology (Compression molding, Injection molding, and Post-mold TE band), By Raw material (PE, HDPE, LDPE, and others), By End user (Beverages, Food, Pharmaceuticals & Healthcare, Personal & Homecare, and others), and Geography

 

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Report

Description

Global plastic caps & closures market was valued at US$ 1,788.9 billion in 2020 and is projected to hit US$ 2,209.9 billion by 2027 over the forecast period, at a CAGR of 5.7%. The drivers for the market growth are product modernization to aid product differentiation & branding, rising demand for smaller size packs, and demand from small & medium sized end users. However, light weight and cost effective stand-up pouch packaging alternatives, regulations of environmental degradation on manufacturers and charging taxes, and substitute products availability are the factors which hinders the growth of market. Plastic caps & closures are utilised in a wide range of industries, including food and beverage, medicines, household items, and cosmetics. The final components of packaging are caps and closures, which are responsible for protecting the integrity of the product packaging. PP and PE are the principal raw materials used in the production of caps and closures. Plastic caps & closures Market are widely used in industry because they provide a cost-effective sealing option. The demand for packaged foods and prescription products has been expanding at a healthy rate, and the caps and closures market is projected to benefit from this trend over the forecast period. This industry, on the other hand, is completely reliant on the suppliers of raw materials for manufacturing. The raw materials PP and PE, which are employed as raw materials, have wildly varying market prices. Manufacturers struggle to maintain consistent output because the cost of production is based on this raw resource.

Plastic Caps & Closures Market

MARKET SUMMARY
-
5.7%
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 5.7%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North America

Plastic Caps & Closures Market

  • Global plastic caps & closures market report provide a comprehensive outlook on plastic caps & closures worldwide with specific focus on key region such as North America, Europe, Asia Pacific, Latin America and MEA.
  • The report on global plastic caps & closures market gives historical, current and future market size (US$ Bn) on the basis of product, container, technology, raw material, end user, and geography.
  • This study analyses the global plastic caps & closures market dynamics in a detailed manner to identify current trends and drivers, growth opportunities and potential challenges to the key stakeholders in the operating market.
  • In addition, PBI has analyzed the global market to better equip customers with possible investment opportunities across region and consumer unmet needs.
Market Key Players
  • Berry Group
  • Crown Holding
  • Aptar Group
  • Amcor
  • Coral Products
  • Closure Systems International
  • Bericap
Growth

Plastic Caps & Closures Market

In the pharmaceutical market, gains in plastic closures will be driven by continued growth in pharmaceutical production, as well as by ongoing initiatives by drug manufacturers to stay in line with government regulations and industry requirements that include the child-resistant, senior-friendly, and safety features of pharmaceutical packaging systems. Increased use of high value – added dispensing and other functional closures that help in oral liquid, topical and other drug administration would also result in value development.


Asia-Pacific Got Significant Share

Plastic Caps & Closures Market

Asia Pacific is expected to have the largest market share and dominate the market. This region provides potential growth opportunities as emerging markets are expected to be developing countries such as China and India, making it the fastest-growing market for plastic caps and closures. Factors such as the growth of the beverage, healthcare and personal care products industries are driving the growth of the demand for plastic caps and closures in this area. In addition, other factors driving the demand are the increasing population and economic growth.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Developments

  • In February 2019 – Aptar launched a dispensing closure made of post-consumer recycled resin. In Europe, the company is using 50% of recycled PC in the manufacturing of dispensing closure, ensuring the global transition to a circular economy and a sustainable future.

Key

Key Findings OF THE REPORT


Key

Key features of the report

Plastic Caps & Closures Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Plastic Caps & Closures Market Introduction
    • Global Plastic Caps & Closures Market – Taxonomy
    • Global Plastic Caps & Closures Market –Definitions
      • By Product
      • By Container
      • By Technology
      • By Raw Material
      • By End Use
      • By Region
  1. Global Plastic Caps & Closures Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Plastic Caps & Closures Market Dynamic Factors – Impact Analysis
    • Global Plastic Caps & Closures Market – Competition Landscape
  2. Global Plastic Caps & Closures Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Plastic Caps & Closures Market, By Product, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Screw-on caps
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Dispensing caps
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Plastic Caps & Closures Market Forecast, By Container, 2015 – 2019 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Plastic
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Glass
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Plastic Caps & Closures Market Forecast, By Technology, 2015 – 2019 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Compression molding
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Injection molding
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Post mold TE band
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Plastic Caps & Closures Market Forecast, By Raw material, 2015 – 2019 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • PP
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • HDPE
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • LDPE
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Plastic Caps & Closures Market Forecast, By End Use, 2015 – 2019 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Beverages
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Food
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Pharmaceuticals & Healthcare
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Personal & Homecare
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Plastic Caps & Closures Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Plastic Caps & Closures Market – Opportunity Analysis Index, By Product, By Container, By Technology, By Raw material, By End Use, and Region, 2020 – 2026
  2. North America Plastic Caps & Closures Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Screw-on caps
      • Dispensing caps
      • Others
    • Container Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Plastic
      • Glass
    • Technology Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Compression molding
      • Injection molding
      • Post-mold TE band
    • Raw material Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • PP
      • HDPE
      • LDPE
      • Others
    • End Use Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Beverages
      • Food
      • Pharmaceuticals & Healthcare
      • Personal & Homecare
      • Other
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • USA
      • Canada
    • North America Plastic Caps & Closures Market – Opportunity Analysis Index, By Product, By Container, By Technology, By Raw material, By End Use, and Country, 2020 – 2026
    • North America Plastic Caps & Closures Market Dynamics – Trends
  3. Europe Plastic Caps & Closures Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Screw-on caps
      • Dispensing caps
      • Others
    • Container Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Plastic
      • Glass
    • Technology Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Compression molding
      • Injection molding
      • Post-mold TE band
    • Raw material Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • PP
      • HDPE
      • LDPE
      • Others
    • End Use Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Beverages
      • Food
      • Pharmaceuticals & Healthcare
      • Personal & Homecare
      • Other
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Rest of Europe
    • Europe Plastic Caps & Closures Market – Opportunity Analysis Index, By Product, By Container, By Technology, By Raw material, By End Use, and Country, 2020 – 2026
    • Europe Plastic Caps & Closures Market Dynamics – Trends
  4. Asia-Pacific Plastic Caps & Closures Market Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    • Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Screw-on caps
      • Dispensing caps
      • Others
    • Container Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Plastic
      • Glass
    • Technology Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Compression molding
      • Injection molding
      • Post-mold TE band
    • Raw material Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • PP
      • HDPE
      • LDPE
      • Others
    • End Use Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Beverages
      • Food
      • Pharmaceuticals & Healthcare
      • Personal & Homecare
      • Other
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Plastic Caps & Closures Market – Opportunity Analysis Index, By Product, By Container, By Technology, By Raw material, By End Use, and Country, 2020 – 2026
    • Asia-Pacific Plastic Caps & Closures Market Dynamics – Trends
  5. Latin America Plastic Caps & Closures Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Screw-on caps
      • Dispensing caps
      • Others
    • Container Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Plastic
      • Glass
    • Technology Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Compression molding
      • Injection molding
      • Post-mold TE band
    • Raw material Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • PP
      • HDPE
      • LDPE
      • Others
    • End Use Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Beverages
      • Food
      • Pharmaceuticals & Healthcare
      • Personal & Homecare
      • Other
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Plastic Caps & Closures Market – Opportunity Analysis Index, By Product, By Container, By Technology, By Raw material, By End Use, and Country, 2020 – 2026
    • Latin America Plastic Caps & Closures Market Dynamics – Trends
  6. Middle East and Africa Plastic Caps & Closures Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Screw-on caps
      • Dispensing caps
      • Others
    • Container Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Plastic
      • Glass
    • Technology Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Compression molding
      • Injection molding
      • Post-mold TE band
    • Raw material Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • PP
      • HDPE
      • LDPE
      • Others
    • End Use Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Beverages
      • Food
      • Pharmaceuticals & Healthcare
      • Personal & Homecare
      • Other
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Plastic Caps & Closures Market – Opportunity Analysis Index, By Product, By Container, By Technology, By Raw material, By End Use, and Country, 2020 – 2026
    • MEA Plastic Caps & Closures Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Container & Container Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Berry Group
      • Crown Holding
      • Aptar Group
      • Amcor
      • Coral Products
      • Closure Systems International
      • Bericap
      • Silgan Holdings
      • RPC Group
      • Berk Company
  1. Research methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Berry Group
  • Crown Holding
  • Aptar Group
  • Amcor
  • Coral Products
  • Closure Systems International
  • Bericap
  • Silgan Holdings
  • RPC Group
  • Berk Company

Description

Global plastic caps & closures market was valued at US$ 1,788.9 billion in 2020 and is projected to hit US$ 2,209.9 billion by 2027 over the forecast period, at a CAGR of 5.7%. The drivers for the market growth are product modernization to aid product differentiation & branding, rising demand for smaller size packs, and demand from small & medium sized end users. However, light weight and cost effective stand-up pouch packaging alternatives, regulations of environmental degradation on manufacturers and charging taxes, and substitute products availability are the factors which hinders the growth of market. Plastic caps & closures are utilised in a wide range of industries, including food and beverage, medicines, household items, and cosmetics. The final components of packaging are caps and closures, which are responsible for protecting the integrity of the product packaging. PP and PE are the principal raw materials used in the production of caps and closures. Plastic caps & closures Market are widely used in industry because they provide a cost-effective sealing option. The demand for packaged foods and prescription products has been expanding at a healthy rate, and the caps and closures market is projected to benefit from this trend over the forecast period. This industry, on the other hand, is completely reliant on the suppliers of raw materials for manufacturing. The raw materials PP and PE, which are employed as raw materials, have wildly varying market prices. Manufacturers struggle to maintain consistent output because the cost of production is based on this raw resource.

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