Caps & Closures Market Size, Share & Industry Analysis, By Material (Plastic, Metal, and Others), and By Application (Food & Beverage, Pharmaceuticals, Consumer Goods, Cosmetics & Personal Care Products and Others) and Regional Forecast, 2020-2029 (Includes COVID-19 Business Impact)

                                          
We have updated Caps & Closures Market with respect to COVID-19 Business Impact.
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This report focuses on the Caps & Closures market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Caps & Closures market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Caps & Closures Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Caps & Closures Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Caps & Closures Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

In October 2019, SIG Combibloc Group Ltd., a system and solution provider of food & beverage packaging, launched its new combiMaxx closure, for customer convenience, while allowing customers to upgrade their packaging without investing majorly on the new sleeves. The company said that combiMaxx closure would offer customers easy handling, spill-free horizontal, and vertical storage.

List of Key Companies Profiled:

  
Closure Systems International, Inc.
  
Silgan Closures GmbH
  
Crown Holdings
  
Pact Group Holdings
  
Berry Plastics Corporation
  
Alpha Packaging
  
Amcor plc
  
Guala Closures S.p.A.
  
Berlin Packaging
  
AptarGroup, Inc
  
SIG Combibloc Group Ltd.
  
SABIC
  
Others

KEY INDUSTRY DEVELOPMENTS:

May 2019 -TriMas Corporation, a diversified manufacturer of engineered products, based in the U.S., acquired Taplas, a dispenser and closure and container manufacturer based in Italy. This acquisition will enhance the product portfolio of the company and will accelerate the opportunities for the global growth for the packaging business of TriMas Corporation.

April 2018 -  UNITED CAPS, a manufacturer, announced the acquisition of Embalatap, a manufacturer of caps & closure based in Spain. The acquisition was made to extend the product portfolio, mostly for the edible oils typically used in the Southern European market.

Key Players to Uphold their Market Position Across Different Caps & Closures related Areas
Major players operating in the industry are adopting strategies such as strategic partnerships, new product launch & development, mergers & acquisitions, and agreements to enhance their market share and presence. Also, to build competitiveness, companies are increasing existing product offerings.

Although, the majority of market share is consolidated among large scale and medium scale regional manufacturers. Most of the manufacturers are investing in product and technology innovation to gain core competency within domestic and international markets.

REPORT COVERAGE

The caps & closures market report offers qualitative and quantitative insights and the detailed analysis of market size & growth rate for all possible segments in the market.

An Infographic Representation of Caps & Closures Market

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Along with this, the report provides an elaborative analysis of market dynamics, emerging trends, and competitive landscape. Key insights offered in the report are the adoption  of caps & closures market trends by individual segments, recent industry developments such as partnerships, mergers & acquisitions, consolidated SWOT analysis of key players, Porters five forces analysis, business strategies of leading market players, macro and micro-economic indicators, and key industry trends.

REPORT SCOPE AND SEGMENTATION

 Segmentation

By Material

  
Plastic
  
Metal
  
Others

By Application

  
Food & Beverages
  
Pharmaceutical
  
Consumer Goods
  
Cosmetics & Personal Care Products
  
Others

By Region

  
North America (U.S. and Canada)
  
Europe (Germany, UK, France, Italy, Spain and Rest of Europe)
  
Asia Pacific (China, India, Japan, South Korea, and Rest of Asia Pacific)
  
Latin America (Brazil, Mexico, and Rest of Latin America)
  
Middle East & Africa (GCC, South Africa, and Rest of the Middle East & Africa)