Caps
and closures are devices or methods to seal bottles, cans and tubes among
others. Caps and closures are employed in the packaging industry primarily for
preserving products and thus extending shelf life of the products. Plastic and
metal are among the major materials employed in the manufacturing of caps and
closures. Other niche product segments include wood, paper, and glass among
others.
Browse Full Report
with TOC: http://www.transparencymarketresearch.com/caps-closures-market.html
Historically,
metal has been the predominant product segment for the market. Plastic based
closures are gaining acceptance and are expected to be the fastest growing
segment in the near future. Tin and aluminum dominate the demand for metal
based caps and closures. Demand for plastic based caps and closures are
expected to be driven by growing demand for polyethylene and polypropylene.
Increasing research and development activities in niche product segments such
as paper and rubber is expected to offer huge growth opportunity in the
market.
Major
end user industries for caps and closure market include beverages, food,
pharmaceutical, cosmetics and home care products among several others.
Beverages segment dominates the global caps and closures market and the trend
is expected to continue during the forecast period. Pharmaceutical is expected
to be the fastest growing application segment for caps and closures primarily
owing to high growth in the pharmaceutical industry.
Consumer
markets such as food, cosmetics and beverages dominate the global demand for
caps and closures. Hence, overall economic growth, growing disposable income
and other macro economic factors in a region are among the foremost growth
determinants for the demand of caps and closures. Demand in various home care
and pharmaceutical products is driven by innovative solutions such as child
protection and aesthetics of the material. Growth in pharmaceutical industry is
expected to be the foremost driver for caps and closure market growth during
the forecast period. Several innovative packaging solutions have been developed
which eliminate the use of caps and closures. These packaging solutions are
expected to be among major factors restraining market growth. Bio degradability
and recyclability issues associated with traditional caps and closures
materials are expected to drive demand for bio based products such as paper in
the near future.
Asia
Pacific dominates the global caps and closures market both in terms of
production and consumption. Asia Pacific is also expected to be the fastest
growing region during the forecast period primarily owing to increasing
industrial investment and high GDP growth rate in the emerging economies of
India and China. Demand for caps and closures in the developed economies for
North America and Europe is anticipated to grow at a sluggish rate owing to
market saturation in various end user industries. Developing region in Latin
America and Africa are expected to offer huge growth opportunity for caps and
closures market during the forecast period.
Caps
and closures market is highly fragmented and dominated by regional players.
Owing to low capital investment, the dominance by regional players is expected
to continue in the near future. Joint ventures, acquisitions and strategic
alliances with regional players are among major tools for expansion in the
market. Some of the major players in the caps and closures market include Berry
Plastics Corporation, Crown Holdings, Portola Packaging Inc, Global Closure
Systems, Silgan Holdings, Paradigm Packaging Inc., Reynolds Group Holdings and
PolyChem Alloy Inc among others.
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
·
North
America
·
Asia
Pacific
·
Europe
·
Rest
of the World
This
report provides comprehensive analysis of
·
Market
growth drivers
·
Factors
limiting market growth
·
Current
market trends
·
Market
structure
·
Market
projections for upcoming years
This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
Read More Reports
on Food and Beverages Markets: http://www.transparencymarketresearch.com/food-beverages-market-reports-4.html
About us
Transparency
Market Research (TMR) is a market intelligence company providing global
business research reports and consulting services. Our exclusive blend of
quantitative forecasting and trends analysis provides forward-looking insights
for thousands of decision-makers.
TMR’s
experienced team of analysts, researchers, and consultants use proprietary data
sources along with various tools and techniques to gather and analyze
information. Our business offerings represent the latest and the most reliable
information which is indispensable for businesses to sustain their competitive
edge.
Enquiry before
Buying @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2275
Latest Upcoming
Reports: http://www.transparencymarketresearch.com/upcoming.htm
Follow In LinkedIn:
http://www.linkedin.com/today/post/article/20140609110532-263590413-caps-and-closures-market-global-industry-analysis-size-share-growth-trends-and-forecast-2013-2019
Contact Us
Sheela
AK
Corporate
Office:
State
Tower,
90
State Street,
Suite
700,
Albany
NY - 12207
United
States.
Tel:
+1-518-618-1030
Browse
Market Research Blogs:
http://strongmarkets.wordpress.com/
0 comments:
Post a Comment