Global plastic caps & closures market study
With gains boosted by continued growth in bottled water, demand for plastic caps and closures is expected to increase 4.1% per year to nearly 1.9 trillion units in 2021. Growth in the pharmaceutical market will be above average. Value gains will be driven by a shift to dispensing and other closures that offer improved performance characteristics, while unit volume will continue to be dominated by low cost commodity caps. These and other trends are presented inthe new study Global Plastic Caps & Closures from the Freedonia group.
This study analyses the global plastic caps and closures market. It offers historical demand data (2006, 2011, 2016) plus forecasts for 2021 by product (threaded, unthreaded, dispensing, child-resistant) and by market, including beverages (bottled water, CSDs, milk, other), food, pharmaceuticals, and other (household cleaning products, personal care products, etc.), as well as by global region. The study also assesses industry competitors worldwide, including Albéa, Amcor, AptarGroup, Bericap, Berry Global, Closure Systems International (Reynolds Group), Dätwyler, RPC Group (GCS), Scholle IPN, Silgan, and West Pharmaceutical Services.
