Latin America Shows the Fastest Growth Rate in Global Caps and Closures Market

Transparency Market
Research
Caps and Closures Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2015 – 2021
Published Date
09-09-2015
70 Page Report
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Global Caps and Closures Market to Reach US$51.6 bn by 2021,
Increasing Need for Durable Packaging Drives Growth
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Caps and Closures Market
REPORT DESCRIPTION
Caps and closures form a crucial segment of the packaging industry. Their primary usage is to protect a
product within its holding container and to extend its shelf life. The two primary raw materials used in the
global caps and closures market are metal and plastic. The global caps and closures market also makes
use of other raw materials such as paper, wood, and glass.
The global caps and closures market is growing at a CAGR of 5.2% from 2015 to 2021. The market’s value
at the end of 2014 was US$36.23 bn. By the end of 2021, the global caps and closures market is expected
to reach US$51.57 bn. According to volume, the global caps and closures market is growing at a CAGR of
3.5% from 2015 to 2021, going from a 2014 volume of 1,345.2 bn units to a predicted 1,702.1 bn units in
2021.
Latin America the Fastest-Growing Region in Global Caps and Closures Market
In terms of revenue, the Latin America caps and closures market for food and beverages is expected to
grow at a CAGR of 7.1% from 2015 to 2021. The same market is expected to show a CAGR of 6.1% for
volume in the same forecast period. It is the fastest growing regional segment of the global caps and
closures market. Within Latin America, Brazil is the fastest growing national caps and closures market. The
key growth driver for the Latin America caps and closures market for F&B is the increasing consumption of
packaged soft drinks, alcoholic drinks, and bottled water. The increase in consumption of carbonated water
and soft drinks is especially predicted to be a major driving force for the growth of the plastic screw
closures segment in Brazil.
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Asia Pacific Largest Region in Global Caps and Closures Market
While Latin America is set to be the fastest growing region in the global caps and closures market, Asia
Pacific is currently its largest region. Experts believe that the current rate of growth in terms of revenue
and volume is expected to help Asia Pacific retain its leading position in the global caps and closures
market. The region is propelled by an increase in demand for screw closures in the dairy industry,
especially in India, Japan, and China. The growing number of Asia Pacific consumers of bottled water and
fruit drinks is also boosting the global caps and closures market.
Beverage Caps and Closures Dominate Global Market
The shift from unpackaged to packaged goods is creating a growth in demand from the global caps and
closures market in developing regions. These regions have shown a high preference to beverages that use
caps and closures that will extend the product’s longevity, and ensure the taste and safety of the
beverage. On the other hand, plastic screws dominate the beverage closures segment due to their high
rate of use in major drinks, condiments, and dressings.
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Caps and Closures Market
The top companies operating in the global caps and closures market are Crown Holdings, Inc., Bericap,
Global Closure Systems, and Siligan Holdings, Inc
TABLE OF CONTENT
Chapter 1 Preface
1.1 Research Scope
1.2 Market Segmentation
1.3 Research methodology
Chapter 2 Executive Summary
2.1 Global Caps and Closures Market for Food and Beverages Industry Snapshot
2.2 Global Caps and Closures for Food and Beverages Market Revenue and Volume, 2014 – 2021
(USD billion) (Billion units) and Y-o-Y Growth, 2015 -2021 (%)
2.2.1 Market size and forecast, 2014 – 2021
Chapter 3 Global Caps and Closures Market for Food and Beverages Industry Overview
3.1 Introduction
3.2 Key Trends Analysis
3.3 Market Drivers
3.4 Market Restraints
3.5 Market Opportunities
3.6 Competitive Landscape
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Caps and Closures Market
3.6.1 Global Market Positioning of Key Players, 2014 (%)
3.6.2 Competitive Strategies Adopted by Leading Players
Chapter 4 Global Caps and Closures Market: Revenue and Volume by Product Type,
2014–2021(USD Billion and Billion units
4.1 Food Caps and Closures
4.1.1 Peel-off foil
4.1.2 Easy-open can ends
4.1.3 Metal lug closures
4.1.4 Plastic screw closures
4.1.5 Others
4.2 Beverage Caps and Closures
4.2.1 Plastic screw closures
4.2.2 Metal crown closures
4.2.3 Metal screw closures
4.2.4 Corks
4.2.5 Others
Chapter 5 Global Caps and Closures Market: Revenue and Volume by Application,
2014–2021 (USD Billion and Billion units)
5.1 Alcoholic Beverages Caps and Closures
5.1.1 Beer
5.1.1.1 Beer Caps and Closures Market Size and Forecast, 2014–2021
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Caps and Closures Market
5.1.2 Wine
5.1.2.1 Wine Caps and Closures Market Size and Forecast, 2014–2021
5.1.3 Others
5.1.3.1 Other Caps and Closures Market Size and Forecast, 2014–2021
5.2 Non-alcoholic Beverages Caps and Closures
5.2.1 Bottled water
5.2.1.1 Bottled Water Caps and Closures Market Size and Forecast, 2014–2021
5.2.2 Carbonated soft drinks
5.2.2.1 Carbonated Soft Drinks Caps and Closures Market Size and Forecast, 2014–2021
5.2.3 Others
5.2.3.1 Other Caps and Closures Market Size and Forecast, 2014–2021
Chapter 6 Global Caps and Closures Market for Food and Beverages Industry: Revenue
and Volume by Geography, 2014–2021(USD Billion and Billion Units)
6.1 Overview
6.1.1 Revenue, 2014–2021 (USD Billion)
6.1.2 Y-o-Y Growth (Value %)
6.1.3 Market Share, 2014–2021 (Value and Volume %)
6.2 North America
6.2.1 U.S.
6.2.2 Canada
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Caps and Closures Market
6.2.3 Others
6.3 Europe
6.3.1 Germany
6.3.2 France
6.3.3 Italy
6.3.4 Rest of Europe
6.4 Asia Pacific
6.4.1 China
6.4.2 India
6.4.3 Japan
6.4.4 Rest of Asia Pacific
6.5 Middle East and Africa (MEA)
6.6 Latin America
Chapter 7 Company Profiles
7.1 Pact Group Holdings Ltd
7.2 Aptar Group Inc
7.3 Reynolds Group Holdings Ltd
7.4 Closure Systems International (CSI)
7.5 Silgan Holdings Inc.
7.6 Crown Holdings, Inc.
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Caps and Closures Market
7.7 Berry Plastics Corporation
7.8 BERICAP GmbH und Co KG
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The global caps and closures market is growing at a CAGR of 5.2% from 2015 to 2021. The market’s value at the end of 2014 was US$36.23 bn. By the end of 2021, the global caps and closures market is expected to reach US$51.57 bn. According to volume, the global caps and closures market is growing at a CAGR of 3.5% from 2015 to 2021, going from a 2014 volume of 1,345.2 bn units to a predicted 1,702.1 bn units in 2021. Browse the full Caps and Closures Market for Food and Beverages Industry report at:http://www.transparencymarketresearch.com/caps-closures-market.html