Plastic Caps and Closures Market is expected to reach USD 51.96 billion by 2025


Posted November 12, 2020 by Barbarhinkle

The major challenge faced by players is the mature market in developed regions.

 
Plastic Caps and Closures Market Increase in demand for bottled water, need for convenience, concerns about product safety & security, product differentiation & branding, and decreasing package sizes are driving the market for plastic caps & closures. However, the development of substitutes is expected to restrain this market. Emerging economies are expected to offer significant growth opportunities to manufacturers of plastic caps & closures. The major challenge faced by players is the mature market in developed regions.

The Global Plastic Caps and Closures Market is expected to reach USD 51.96 billion by 2025, from USD 38.87 billion in 2017 growing at a CAGR of 5.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Plastic Caps and Closures Market which would mention How the Covid-19 is affecting the Plastic Caps and Closures Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Covid-19 Impact on Key Regions and Proposal for Corrugated Board Players to Combat Covid-19 Impact.

Market Drivers and Restraints:

Product modernization to aid product differentiation and branding

Rising demand for smaller sized packs

Demand from small and medium scale end-users

Lightweight and cost-effective stand-up pouch packaging alternatives

Regulations of environmental degradation on manufacturers and charging taxes

Substitute products availability

 Key Players: Global Plastic Caps and Closures Market

Berry Global

Amcor

Crown Holdings

Silgan Holdings

RPC Group

The other players in the market are Bericap, Aptargroup, Closure Systems International, Coral Products, O.Berk Company, LLC, United Caps, Caps & Closures Pty Ltd, Caprite Australia Pty. Ltd, Pano Cap (Canada) Limited, Plastic Closures Limited, Cap & Seal Pvt. Ltd, Phoenix Closures, Alupac India, Hicap Closures, MJS Packaging  among others.

 MAJOR TOC OF THE REPORT

Chapter One: Plastic Caps and Closures Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Global Plastic Caps and Closures Market Competition, by Players

Chapter Four: Global Plastic Caps and Closures Market Size by Regions

Chapter Five: Global Plastic Caps and Closures Market Revenue by Countries

Chapter Six: Global Plastic Caps and Closures Market Revenue by Product Type

Chapter Seven: Global Plastic Caps and Closures Market Revenue by  Container Type

Chapter Eight: Global Plastic Caps and Closures Market Revenue by Technology

Chapter Nine: Global Plastic Caps and Closures Market Revenue by Raw Material

Chapter Ten: Global Plastic Caps and Closures Market Revenue by Geography

Key Insights in the report:
Historical and current market size and projection up to 2025

Market trends impacting the growth of the global plastic caps and closures market

Analyze and forecast the plastic caps and closures market on the basis of product type, container type, technology, raw material and  end-use sector.

Trends of key regional and country-level markets for product type, container type, technology, raw material and end-use sector.

Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis

Key Questions Answered in Report:

What is the key to the Plastic Caps and Closures Market?

What will the Plastic Caps and Closures Market Demand and what will be Growth?

What are the latest opportunities for Plastic Caps and Closures Market in the future?

What are the strengths of the key players?

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market

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Data Bridge Market Research

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Categories Business , Lifestyle , Manufacturing
Tags global plastic caps and closures market , plastic caps and closures , plastic caps and closures industry analysis
Last Updated November 12, 2020