Rising Demand from End-Use Industries dominating caps & closures market.

in #capsandclosures6 years ago

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.

The segmentation for this report is based on raw material, type, end-use industry, and region. Plastic caps & closures are projected to form the fastest-growing type in the caps & closures market as it is light weighted, cost effective, and can be used to package various types of products belonging to different industries

Caps & Closures Market-min.jpg

To Purchase Report@ https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=1314

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.

Target Audience:
• Raw material suppliers
• Packaging manufacturer
• End users
• Consulting firms

Market By End-use Industry:
• Beverage industry (alcoholic and non-alcoholic beverages)
• Healthcare industry
• Food industry
• Cosmetics & toiletries
• Others

Market By Region:
• North America
• Europe
• Asia-Pacific
• RoW

Request Sample@ https://www.marketsandmarkets.com/requestsample.asp?id=1314

Caps & closures are used in various industries and their utility across industries includes maintaining the quality of the products, increasing the shelf life of the commodity, and keeping the products fresh. These are some of the main reasons which have led to the increase in its share in the packaging industry.

The caps & closures market size is estimated to grow from USD 49.78 Billion in 2015 to USD 68.71 Billion by 2021, at a CAGR of 5.62%. The base year considered for the study is 2015 and the market size is projected from 2016 to 2021.

For More Related Inquiry@ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1314

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).

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 5000 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, 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, "RT" 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.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
[email protected]

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 62205.55
ETH 2397.85
USDT 1.00
SBD 2.50