Global Roll-On Pilfer-Proof Caps Market, By Material Type (Aluminium and Plastic), Application (Bottles, Jars, Pouches and Others), Liner (With Liner and Without Liner), End User Industry (Food Packaging, Beverages Packaging, Healthcare and Pharmaceuticals Packaging, Cosmetics and Personal Care Packaging, Industrial Packaging and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
The growing demand for convenient and smart sustainable packaging solutions has led to the rise in demand for roll-on pilfer-proof caps worldwide. Data Bridge Market Research analyses that the roll-on pilfer-proof caps market will project a CAGR of 4.36% for the forecast period of 2021-2028. This means that the market value would climb up to USD 50.71 million by 2028.
Roll-on pilfer-proof caps are threaded caps that provide an effective packaging solution. Roll-on pilfer-proof caps are tamper-evident packs. The tamper on the first opening breaks and is proof that the product is untouched and new. One must not purchase products where the tamper is already broken. Tampers in the roll-on pilfer-proof caps enhance the spill-proof capability. Roll-on pilfer-proof caps are used in many end-user verticals such as chemicals and pharmaceutical industries, food and beverage industries, and personal care industries. Roll-on pilfer-proof caps enhance the convenience of handling items and provide a greater degree of protection.
Increased research and development proficiencies to innovate with smart packaging solutions are inducing growth in the demand for roll-on pilfer-proof caps. Rising demand for packaged beverages as a result of a shift in the lifestyle is another factor bolstering the growth of the roll-on pilfer-proof caps market. The rise, growth and expansion of various end-user verticals such as the chemical and pharmaceutical industry, beauty and personal care industry will directly impact the demand and supply of roll-on pilfer-proof caps. Features of roll-on pilfer-proof caps such as lightweight and recyclable will further crate lucrative market growth opportunities.
However, fluctuations in raw materials prices will pose a major challenge to the roll-on pilfer-proof caps market growth. Alternatives or substitutes available will again challenge the market growth.
This roll-on pilfer-proof caps market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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, geographic expansions, technological innovations in the market. To gain more info on roll-on pilfer-proof caps 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 Roll-On Pilfer-Proof Caps Market Scope and Market Size
Roll-on pilfer-proof caps market is segmented on the basis of material type, application, liner and end user industry. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of material type, the roll-on pilfer-proof caps market is segmented into aluminium and plastic. Plastic is further sub-segmented into linear low density polyethylene (LLDPE), high density polyethylene (HDPE), poly vinylidene chloride (PVDC), polyethylene terephthalate (PET) and others.
- On the basis of application, the roll-on pilfer-proof caps market is segmented into bottles, jars, pouches and others.
- On the basis of liner, the roll-on pilfer-proof caps market is segmented into with liner and without liner.
- On the basis of end user industry, the roll-on pilfer-proof caps market is segmented into food packaging, beverages packaging, healthcare and pharmaceuticals packaging, cosmetics and personal care packaging, industrial packaging and others. Beverages packaging is further sub-segmented into alcoholic beverages and non-alcoholic beverages.
Roll-On Pilfer-Proof Caps Market Country Level Analysis
The roll-on pilfer-proof caps market is analysed and market size insights and trends are provided by country, material type, application, liner and end user industry as referenced above.
The countries covered in the roll-on pilfer-proof caps 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, South Africa, Egypt, Israel, 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 is expected to undergo the highest growth rate during the forecast period. This means that the region will project the highest compound annual growth rate for the forecast period of 2021-2028. Modernization, urbanization, and westernization coupled with the rise in personal disposable income influence consumers' tastes and preferences. Therefore, the demand for both alcoholic and non-alcoholic beverages is set to multiply every year, which would lead to the rise in demand for roll-on pilfer-proof caps. Emerging economies such as India, China, Indonesia, Thailand, Taiwan and Malaysia are the major contributors from this region. Growth and expansion of other end-user verticals will further propel market growth in this region.
The country section of the roll-on pilfer-proof caps 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 Roll-On Pilfer-Proof Caps Market Share Analysis
The roll-on pilfer-proof caps 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 roll-on pilfer-proof caps market.
The major players covered in the roll-on pilfer-proof caps market report Capandseal., Crown, Silgan Holdings Inc., Amcor plc, Guala Closures S.p.A, Closure Systems International, Federfin Tech S.r.l., Hicap Closures Co., Ltd., Manaksia, O.Berk, Zhejiang Sanyou Packaging Co.,Ltd; Herti JSC., Torrent Closures, DYZ DONG NING METAL PACKAGING CO.,LTD, EMA Pharmaceuticals, J.G Finneran Associates, Inc., Alutop, 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.