The global metal caps & closures market is projected to grow at a moderate CAGR during the forecast period. The key factors that drive the market include increased demand for the packing products across various industries including food & beverages, pharmaceuticals among other industry. Further, growth in trade businesses in food & beverages, medical products are also likely to drive the growth of the global metal caps and closures market. Caps and closures provide a barrier to dirt, moisture, and oxygen and keep the product secure from undesired premature opening. Caps and closures are mainly used in the packaging industry to preserve products to extend their shelf life.
Further, the key manufacturers are also focusing on the development of caps and closures that are compatible with a variety of storage containers. The closures also provide an extended shelf life to the products as well as delivers eye-catching visual appeal and easy-open convenience attracting the consumers. Thus, this is likely to drive the growth of the market over the forecast period. However, the availability of various alternatives such as caps and closure systems made of plastics, wood, and others are projected to create growth opportunities for the metal caps and closures market over the forecast period.
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Metal Caps & Closures Market Segmentation
By Type
- Steel
- Tin Plate
- Aluminum
- Others
By Application
- Food &Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Chemicals & Paints
- Others
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Amcor Plc
- Berry Global Inc.
- BKM Industries, Ltd.
- CL Smith Co.
- Closure Systems InternationalInc.
- Crown Holdings Inc.
- Guala Closures Group
- Herti JSC
- Nippon Closures Co. Ltd.
- Pelliconi & C. SPA
- Silgan White Cap
- SKS Bottle & Packaging Inc.
- Sonoco Products Co.
- Tecnocap Group
- The Cary Co.
- WestRock Co.
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