Global Aluminum Caps and Closures Market, By Type (Screw Caps, Crown Cork, Lugs (Press Twist), East Open End, Other), Product Type (Roll-On Pilfer-Proof (ROPP) Caps, Easy-Open Can Ends, Non-Refillable Closures, Others), Application (Oral Solid, Oral Liquid, Parenteral, Lotion, Ophthalmic Drugs, Others), End-Use Sector (Beverage, Food, Pharmaceutical, Home and Personal Care, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Aluminum caps and closures market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market size is valued at USD 5.9 billion by 2027 and is expected to grow at a compound annual growth rate of 4.70% in the forecast period of 2020 to 2027.
The aluminum caps and closures market is experiencing its growth owing to the growing need for convenience and concerns regarding product security and safety. The high demand from food and beverages and chemical industries is expected to significantly enhance the market growth. The rising awareness regarding food safety amongst consumers, associated with strict government regulations for food security as well as use of certain harmful packaging, increase in disposable income levels of consumers in emerging economies, growing caps and closures application in home care products and cosmetics industries, rising demand for convenient packaging and product differentiation and branding and decreasing package sizes are also expected to prosper the growth of the target market. Moreover, the thriving childcare products demand, extensive R&D activities and various emerging economies will foster various new opportunities that will accelerate the growth of the aluminum caps and closures market in the above mentioned forecast period.
However, the presence of product substitute and rising concerns regarding biodegradability and carcinogenicity of aluminums is acting as the major limitation for the growth of the aluminum caps and closures market in the forecast period of 2020 to 2027, whereas the attendance of matured markets in developed regions will pose as market challenge for aluminum caps and closures market.
This aluminum caps and closures market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on aluminum caps and closures market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Aluminum Caps and Closures Market Scope and Market Size
Aluminum caps and closures market is segmented on the basis of type, product type, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the aluminum caps and closures market is segmented into screw caps, crown cork, lugs (press twist), east open end and other.
- Based on product type, the aluminum caps and closures market is segmented into roll-on pilfer-proof (ROPP) caps, easy-open can ends, non-refillable closures and others.
- Based on application, the aluminum caps and closures market is segmented into oral solid, oral liquid, parenteral, lotion, ophthalmic drugs and others.
- The end user segment for aluminum caps and closures market is segmented into beverage, food, pharmaceutical, home and personal care, others.
Global Aluminum Caps and Closures Market Country Level Analysis
Aluminum caps and closures market is analyzed and market size, volume information is provided by country, type, product type, application and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the aluminum caps and closures market due to the rising number of manufacturing industries and increasing retail sector in the region. Europe is expected to grow over the forecast period of 2020 to 2027 due to the increasing disposable income coupled with growing population in this particular region.
The country section of the aluminum caps and closures market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aluminum Caps and Closures Market Share Analysis
Aluminum caps and closures market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aluminum caps and closures market.
The major players covered in the aluminum caps and closures market report are Bericap, Aptargroup Inc., Amcor plc, Alameda Packaging, Closure Systems International, Coral Products, O.Berk Company, LLC, United Caps, Caps & Closures Pty Ltd, Caprite Australia Pty. Ltd, Pano Cap, Aluminum Closures Limited, Torrent Closures, RPC Group, Integrated Caps, Phoenix Closures, Cap & Seal Pvt. Ltd, Silgan Holdings Inc., Alupac India, Hicap Closures Co. Ltd., and MJS Packaging, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Aluminum Caps and Closures Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.