Description:-
Plastic caps and closures are used for dispensing and sealing in packaging. They ensure inflow and outflow of product to/from the packaging. The materials used in the manufacturing of plastic caps and closures are polypropylene, polyethylene, and polystyrene, among other resins.
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The global plastic caps and closures market is expected to register a CAGR of 5.22% during the forecast period. Market growth is mainly driven by the growing demand in the food & beverage industry and innovation in packaging. Moreover, the rising demand for packaged food & beverages in developing nations such as India, Brazil, and Indonesia offer market players lucrative opportunities for growth. However, market growth is hindered by fluctuations in raw material prices and stringent regulations regarding the use of plastic and recycled materials.
For the study, the global plastic caps and closures market has been segmented based on type, material, end user, and region. On the basis of type, the market has been divided into screw caps, dispensing caps, and closures. On the basis of material, the market has been classified as polypropylene, polyethylene, and polystyrene. On the basis of end user, the market has been categorized as food & beverage, pharmaceuticals, and personal care. The global plastic caps and closures market has been studied for four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
Key Players
The key players in the global plastic caps and closures market are Amcor Limited (US), Silgan Holdings Inc. (US), TriMas (US), Phoenix Closures, Inc. (US Ils), J. L. Clark (US), Global Closure Systems (France), Comar LLC (US), Aptar Group (US), Reynolds Group Holdings (US), and Guala Closures Group (Italy).
Objectives of the Study
• To provide a detailed analysis of the market structure along with a forecast for the next six years in various segments and sub-segments of the global plastic caps and closures market
• To analyze the global plastic caps and closures market based on various tools such as supply chain analysis and Porter’s Five Forces analysis
• To provide historic and forecast revenue of the market segments and sub-segments with respect to regions and key countries
• To provide country-level analysis of the market with respect to the current market size and prospects
• To provide country-level analysis of the market for segments by type, material, end user, and region
• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments, such as joint ventures, strategic alliances, mergers & acquisitions, new product developments, and research and developments, in the global plastic caps and closures market
Target Audience
• Plastic caps and closures manufacturers
• Plastic recycling industries
• Raw material suppliers
• Research and educational institutes
• End users
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Table Of Contents – Major Key Points
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Market Structure
2.4 List of Assumptions
2.5 Key Takeaways
2.6 Key Buying Criteria
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Growing demand from food & beverage industry
4.2.2 Innovation in packaging
4.2.3 Drivers Impact Analysis
4.3 Restraints
4.3.1 Fluctuation in raw material prices
4.3.2 Stringent regulations regarding the use of plastic and recycled materials
4.3.3 Restraints Impact Analysis
4.4 Opportunity
4.4.1 Scope in developing countries
5 Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Threat of Substitutes
5.1.4 Bargaining Power of Buyers
5.1.5 Segment Rivalry
5.2 Supply Chain Analysis
Continued……
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