[199 Pages report] MarketsandMarkets projects that the Caps & Closures Market size will grow from USD 49.78 Billion in 2015 to USD 68.71 Billion by 2021, at an estimated CAGR of 5.62%. The caps & closures market is expected to witness high growth as a result of the growing end-use industry such as beverage and healthcare as well as the rising concerns toward product quality and safety. Caps & closures seal the content within the container and allows appropriate dispense of the contents.

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Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Caps & Closures Market, By Raw Material

7 Caps & Closures Market, By Type

8 Caps & Closures Market, By End-Use Industry

9 Caps & Closures Market, By Region

10 Competitive Landscape

11 Company Profiles

12 Appendix

The market share of plastic is the largest as per raw material and is further projected to be the fastest-growing segment. This is closely followed by metal which has the second-highest growth rate. Plastic resin such as polypropylene (PP) and polyethylene (PE) are widely used with PP expected to be the fastest-growing subsegment. The other types of raw materials that are used for manufacturing caps & closures include wood, glass, paperboard, and rubber & elastomer.

Factors such as stringent regulations in the caps & closures industry as well as growing demand for the substitutes such as blister packs act as a restraint for the growth of the market. The global market for caps & closures is dominated by players such as RPC Group PLC (U.K.), Crown Holdings Incorporation (U.S.), Amcor Limited Plc (Australia), Rexam PLC (U.K.), Berry Plastics Corporation (U.S.), Silgan Holdings Inc. (U.S.), AptarGroup Incorporated (U.S.), and Guala Closures Group (Italy). These players adopted various strategies such as expansion, agreements, acquisitions, and new product developments to cater to the needs of the caps & closures market.

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