Top Market Leader – Caps & Closures Market

August 12 18:16 2022
Top Market Leader - Caps & Closures Market
Browse 217 market data Tables and 50 Figures spread through 203 Pages and in-depth TOC on “Plastic Caps and Closures Market”
Plastic Caps and Closures Market by Product Type (Screw-on Caps, Dispensing Caps), Technology (Injection Molding, Compression Molding, Post-mold TE Band), Raw Material (PP, HDPE, LDPE), End-use (Beverage, Pharmaceutical), Region

The global caps & closures market is estimated to be USD 65.0 billion in 2021 and is projected to reach USD 85.0 billion by 2026, at a CAGR of 5.5% from 2021 to 2026. Thedriving factors for the caps & closures market is increase in demand for easy-to-open and sustainable packs, demographic trends, and rapid urbanization contribute to the demand and adoption rate of caps & closures. These are widely used in the food & beverage industry for various applications, such as bottled water, carbonated drinks, mayonnaise, ketchup, and alcoholic beverages. Caps & closures help extend the shelf life of products, provide a barrier to dirt and moisture, and balance the oxygen content of the packed product. Import and export of caps & closures have been gaining importance with its increasing demand.

Berry Global is a leading global producer of plastic packaging solutions. The company provides a wide range of plastic packaging solutions for food, beverage, healthcare, and other segments. Berry Global has over 295 facilities and approximately 47,000 employees in different parts of the world as of 2020. Wal-Mart, McDonald’s, YUM Brands, Burger King, Starbucks, Gillette, Colgate-Palmolive, Sherwin-Williams, Hershey’s, Coca-Cola, Pepsi-Cola, Avon, Bayer, L’Oreal, Kraft Foods, and Unilever are its clients. Berry Global Group, Inc. engages in the provision of value-added engineered materials, nonwoven specialty materials, and consumer packaging with customized solutions. It operates through the following segments: Consumer Packaging International, Consumer Packaging North America, Engineered Materials, and Health, Hygiene & Specialties. The Consumer Packaging International segment consists of containers, closures, dispensing systems, pharmaceutical devices and packaging, polythene films, and technical components. The Consumer Packaging North America segment offers containers, foodservice items, closures, over caps, bottles, prescription vials and tubes. The Engineered Materials segment consists of tapes and adhesives, polyethylene-based film products, can liners, and specialty coated and laminated products. The Health, Hygiene & Specialties segment consists of nonwoven specialty materials and films used in hygiene, infection prevention, personal care, industrial, construction, and filtration applications.

To know about the assumptions considered for the study download the pdf brochure

Crown Holdings, Inc. engages in the design, manufacture, and sale of packaging products and equipment for consumer goods. The firm offers aerosol cans; beverage, promotional, and transit packaging; closures and capping; and food cans. It operates through the following segments: Americas, Europe, Asia Pacific, and Transit Packaging. The Americas segment manufactures beverage, food and aerosol cans and ends, glass bottles, specialty packaging, metal vacuum closures, steel crowns, and aluminum caps. The Europe segment operates in Europe, the Middle East, and North Africa. The Asia Pacific segment includes beverage and non-beverage can operations. The Transit Packaging segment provides industrial and protective solutions and equipment and tools businesses. The company has 192 manufacturing plants and sales and service facilities in 39 countries.

Formed in 1987, Silgan Holdings is one of the largest producers of metal food containers in the North American region, accounting for almost half of the market share. Apart from the North American region, the firm is a leading supplier of rigid packaging for consumer products globally. It offers a wide product portfolio of packaging solutions covering metal containers, metal, composite, plastic vacuum closures, and plastic containers. The company has four key business production lines: metal containers, metal and plastic closures, dispensing systems, and plastic containers. It is a leader in the manufacturing of metal, composite, and plastic closures for food & beverage products. The company has 100 manufacturing facilities in North America, Europe, Asia, and South America and caters to more than 75 countries throughout the world.

BERICAP is a manufacturer of caps & closures for food, beverage, and non-food markets. The company has 24 manufacturing factories in 21 countries, including Europe, the Middle East, Africa, Asia, and North and South America. It has five main R&D centers, each specialized in certain fields of closure technology. BERICAP was the first company to develop liner-less closures with a double seal. Its range of products includes tamper-evident and child-resistant systems, induction heat seal systems, gas barrier closures, oxygen scavengers, carbonation and pressure retention systems, vent caps, and hot-fill closures.

Guala Closures SpA (Guala Closures), a subsidiary of GCL Holdings SCA, is a provider of packaging solutions. It designs, manufactures, and markets non-refillable closures. The company’s product portfolio comprises safety closures, tamper-evident systems, non-refillable closures, and capping systems. It also offers safety closures, decorative closures, wine closures, pharma closures, and aluminum closures. The company manufactures polyethylene terephthalate (PET) products such as bottles, jars, molds, containers, flasks, and miniatures. The company serves diverse industries, including food and beverages, cosmeceutical, and pharmaceutical. The company operates manufacturing facilities in India, Poland, the UK, Australia, Spain, Ukraine, Mexico, South Africa, and Argentina. Guala Closures is headquartered in Spinetta Marengo, Alessandria, Italy.

Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=132939537

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/plastic-caps-closure-market-132939537.html