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Published Date: 2015-09-09Number of Pages: 70

Caps and Closures Market By Type (Food Caps and Closures and Beverage Caps and Closures) and By Application (Alcoholic Beverages and Non-Alcoholic Beverages) for Food and Beverages Industry - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021

Caps and closures may be defined as the methods or devices that are used to seal cans, bottles and tubes among others. These are mainly used in the packaging industry for preserving products thereby extending its shelf life. Factors such as growth in the packaging industry and rise in demand for plastic caps and closures are the key drivers of the global caps and closures market. However, factors such as competition from flexible packaging and impact of the recent trend of lightweight caps and closures are restraining the growth of this market.

Among the different regions including North America, Europe, Asia Pacific, the Middle East and Africa and Latin America, in 2014, Asia Pacific held the largest market share of 38.13 % in terms of revenue followed by North America and Europe. In 2014 North America held a market share of 27.45 %.This trend is expected to be the same during the forecast period from 2015 to 2021. It is estimated that Asia Pacific would be the largest market for caps and closures for food and beverages by 2021, followed by North America. Asia Pacific is the leader in the global caps and closures market, in terms of both revenue and volume. China and India are the dominant markets for caps and closures in Asia Pacific. Increase in demand for metal food cans acts as a driving factor in the growth of metal caps and closures market in Asia Pacific. In the beverage caps and closures segment, metal closures are losing their share to plastic caps and closures due to increasing demand for plastic screw caps and closures. Urbanization and rise in purchasing power of consumers are other factors driving the Asia Pacific food and beverages caps and closures market. India is the fastest growing market in the Asia Pacific caps and closures market. The convenience factor plays an important role in the development of innovative caps and closures.

The global caps and closures for food and beverages market was valued at USD 36.23 billion in 2014 and is estimated to reach USD 51.57 billion by 2021 in terms of revenue. The market in terms of revenue is projected to grow at a CAGR of 5.2 % from 2015 to 2021.

 

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In terms of product type, the global caps and closures market has been segmented into food and beverages caps and closures. Beverages caps and closures held the largest revenue market share in 2014. Food closures are classified into peel-off foils, easy-open can ends, metal lug closures, plastic screw closures, and others. Under the food closures segment, peel-off foils held the largest market share both in terms of revenue and volume. Beverages closures are categorized into plastic screw closures, metal crowns, metal screw closures, corks, and others. Plastic screw closures held the largest market share both in terms of revenue and volume among all other beverage closures.

 

In terms of product type, the global caps and closures market has been segmented into food and beverages caps and closures. Beverages caps and closures held the largest revenue market share in 2014. Food closures are classified into peel-off foils, easy-open can ends, metal lug closures, plastic screw closures, and others. Under the food closures segment, peel-off foils held the largest market share both in terms of revenue and volume. Beverages closures are categorized into plastic screw closures, metal crowns, metal screw closures, corks, and others. Plastic screw closures held the largest market share both in terms of revenue and volume among all other beverage closures.

 

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
       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
       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
       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.
7.7 Berry Plastics Corporation
7.8 BERICAP GmbH und Co KG

List of Figures 
 

FIG. 1 Market Segmentation: Global Caps and Closures for Food and Beverages Market
FIG. 2 Caps and Closures for Food and Beverages Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 3 Market positioning of key players, 2014 (%)
FIG. 4 Peel-Off Foil Caps and Closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 5 Easy–Open Can Ends Caps and Closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 6 Metal Lug Caps and Closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 7 Plastic Screw Caps and Closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 8 Other Caps and Closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 9 Plastic Screw Caps and Closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 10 Metal Crown Caps and Closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 11 Metal Screw Caps and Closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 12 Corks Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 13 Other Caps and Closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 14 Beer Caps and Closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 15 Wine Caps and Closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 16 Other Caps and Closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 17 Bottled Water Caps and Closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 18 Carbonated Soft Drinks Caps and Closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 19 Other Caps and Closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 20 North America Caps and Closures Market, Value Vs Volume, Market size and forecast, 2014 – 2021
FIG. 21 Europe Caps and closures Market, Value Vs Volume, Market size and forecast, 2014 – 2021
FIG. 22 Asia Pacific Caps and closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 23 Middle East and Africa (MEA) Caps and Closures Market, Value Vs Volume, Market Size and Forecast, 2014 – 2021
FIG. 24 Latin America Caps and closures Market, Value Vs Volume, Market size and forecast, 2014 – 2021

List of Tables

TABLE 1 Global caps and closures for food and beverages market snapshot
TABLE 2 Global caps and closures for food and beverages market revenue, volume and Y-o-Y growth
TABLE 3 Global Caps and Closures Market Revenue (USD Billion)by Geography (2014–2021)
TABLE 4 Global Caps and Closures Market Y-o-Y Growth (Value %)by Geography (2015–2021)
TABLE 5 Global Caps and Closures Market Share (Value %)by Geography (2014–2021)
TABLE 6 Global Caps and Closures Market Share (Volume %)by Geography (2014–2021)
TABLE 7 U.S. Caps and Closures Market Size and Forecast,  2014–2021
TABLE 8 Canada Caps and Closures Market Size and Forecast, 2014–2021
TABLE 9 Others Caps and Closures Market Size and Forecast, 2014–2021
TABLE 10 Germany Caps and Closures Market Size and Forecast, 2014–2021
TABLE 11 France Caps and Closures Market Size and Forecast, 2014–2021
TABLE 12 Italy Caps and Closures Market Size and Forecast, 2014–2021
TABLE 13 Rest of Europe Caps and Closures Market Size and Forecast, 2014–2021
TABLE 14 China Caps and Closures Market Size and Forecast, 2014–2021
TABLE 15 India Caps and Closures Market Size and Forecast, 2014–2021
TABLE 16 Japan Caps and Closures Market Size and Forecast, 2014–2021
TABLE 17 Rest of Asia Pacific Caps and Closures Market Size and Forecast, 2014–2021

The global caps and closures market is driven by emerging economies. China and India are two of the key caps and closures markets in the world. Caps and closures are used mainly in the packaging industry to preserve products to extend their shelf life. In the past, North America dominated the global packaging industry. However, the change in manufacturing trends has led to key companies to shifting their manufacturing bases from developed economies to emerging economies.

These trends have, in turn, substantially driven the packaging sector in emerging economies. Caps and closures being a significant segment in the global packaging industry will witness strong growth in emerging markets. Broadly, the global caps and closures market is segmented on the basis of product type, application, and geography.

The research study on the global caps and closures market offers strategic market forecasts. These forecasts will help businesses understand the growth framework of the global caps and closures market for the food and beverages industry. Forecasts for the period of 2015 to 2021 are available in the report for both volume and value. In addition to this, the report delivers valuable forecasts for various segments of the market, which will help firms gauge the growth prospects of these segments.

Overview of the Global Caps and Closures Market

In terms of value, the global caps and closures market is projected to expand at a CAGR of 5.20% during the forecast period. In 2014, the market was worth more than US$36.2 bn and by 2021, the market is expected to be worth over US$51.5 bn. In terms of volume, the global caps and closures market is expected to expand at a 3.50% CAGR. In 2014, the market recorded 1342.2 bn units and by 2021, it is projected to record 1702.1 bn units.

On the basis of product type, the global caps and closures market is divided into beverage caps and closures and food caps and closures. Some of the caps and closures used in the beverage closures segment are metal screw closures, corks, metal crowns, and plastic screw closures. In 2014, plastic screw closures led the beverage closures type segment in the global caps and closures market both in terms of value and volume in 2015. The rising consumption of beer and bottled water is driving the plastic screw closures segment in the global caps and closures market.

Region-wise, the global caps and closures market is segmented into North America, Asia Pacific, Europe, the Middle East and Africa, and Latin America. Asia Pacific dominated the global caps and closures market both in terms of revenue and volume in 2014. The Asia Pacific market for caps and closures benefits from the rising demand for metal food cans. Nevertheless, it is Latin America that is projected to expand at the highest CAGR of 7.2% in terms of revenue during the forecast period.

Companies mentioned in the research report

Players in the global caps and closures market are eyeing emerging economies of Asia Pacific and Latin America. Some of the key players operating in the global caps and closures market are Berry Plastics, Crown Holdings, Silgan Holdings, Closure Systems International, Reynolds Group Holdings, AptarGroup, and Pact Group Holdings.

Product types covered under this research study are:

  • Food caps and closures
  • Beverages caps and closures

Global Caps and Closures Market for Food and Beverages Industry by Food Closures Type
Product types covered under this research study are

  • Peel-off foils 
  • Easy-open can ends
  • Metal lug closures
  • Plastic screw closures
  • Others

Global Caps and Closures Market for Food and Beverages Industry by Beverage Closures Type

  • Plastic screw closures
  • Metal crowns
  • Metal screw closures
  • Corks 
  • Others

Global Caps and Closures Market for Food and Beverages Industry by Application

  • Alcoholic Beverages
  • Non Alcoholic Beverages

Global Caps and Closures Market for Food and Beverages Industry by Alcoholic Beverages type

  • Beer
  • Wine
  • Others

Global Caps and Closures Market for Food and Beverages Industry by Non Alcoholic Beverages type

  • Bottled water
  • Carbonated soft drinks
  • Others

Global Caps and Closures Market for Food and Beverages Industry by Geography

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

This report gives you access to decisive data such as:

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for the coming years

Key highlights of this report

  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • Offers a clear understanding of the competitive landscape and key product segments