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Caps and Closures Market

Caps and Closures Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021

The increasing demand for effective packaging to ensure the longer shelf life of food and beverages is the key factor driving the global caps and closures market. The market is currently witnessing impressive demand from Asia Pacific. As per Transparency Market Research (TMR), a paradigm shift in consumer preference from unpackaged to more convenient and packaged food products is fuelling the demand for caps and closures from the region’s packaging industry. The market is also gaining from the rising use of caps and closures in the alcoholic beverages segment. 

Despite witnessing favorable growth opportunities, the advent of flexible packaging is likely to dampen the market’s growth to an extent. Nevertheless, the increasing investment by manufacturers in novel technologies, designs, and materials is expected to boost the market in the near future.

According to TMR, the global caps and closures market, which stood at US$36.23 bn in 2014, is expected to reach US$51.57 bn by the end of 2021. If these figures hold true, the global caps and closures market will exhibit a CAGR of 5.2% between 2015 and 2021.

Rising Consumption of Alcoholic Beverages to Fuel Demand for Caps and Closures

In terms of revenue, the alcoholic beverages segment held over 57.35% of the overall caps and closures market in 2014. The rising consumption of beer around the world has been fuelling demand from the alcoholic beverages segment. While this has led to the increasing use of metal crowns for beer bottles, metal screw closures are fast replacing corks used in wine bottles. The segment is also expected to gain impetus from the rising consumption of wine across emerging economies.

The non-alcoholic segment includes caps and closures manufactured for the packaging of bottled water and carbonated soft-drinks. The shifting demand of consumers from carbonated soft drinks to bottled water is expected to fuel the demand for caps and closures in this segment. Bottled water is calorie-free, which is the key factor boosting its sales worldwide. This will, in turn, fuel the demand for caps and closures. 

Increasing Purchasing Power of Consumers Puts Asia Pacific at the Fore

Regionally, Asia Pacific led the global caps and closure market in 2014, with China and India emerging as lucrative markets. The rising demand for canned food and beverages is the primary factor driving the Asia Pacific caps and closures market. Furthermore, due to rising purchasing power and improving living standards, consumers in this region have become more willing to spend on packaged products and convenient foods. The consumption of alcoholic beverages has increased as well. Spurred by these factors, the market for caps and closures in Asia Pacific is expected to reach US$18.75 bn by the end of 2021.

Besides this, TMR also projects that the market will witness considerable growth in developed economies across Europe and North America. The rising demand for plastic packaging in these regions is fuelling the demand for plastic screw caps, which in turn, boosts sales opportunities for caps and closures manufacturers.

Some of the leading companies operating in the global caps and closures market are Silgan Holdings, Plastics Corporation, Crown Holdings, Closure Systems International, Aptar Group, and Pact Group Holdings.

Caps and Closures Market

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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 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

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

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