PETpla.net Insider 04 / 2011

CAPPING / CLOSURES 39 PET planet insider Vol. 12 No. 04/11 www.petpla.net Not only is Asia already the largest market for closure sales, but it is also the fastest growing, with the annual growth rate for the period 2003 to 2015 put at above 7% - double the global average. The mature markets of North America and West Europe have eked out growth, the former adding around 1% per year to annual volumes, the latter only 0.2% to 2010, as demand, particularly for bottled water, has decelerated. North America is expected to con- tract to the CAGR achieved in West Europe (0.2%), while a modest upturn in annual volume growth will be evi- dent in West Europe, even if far from spectacular at 0.8% in the years to 2015. Latin America, Eastern Europe and the rest of the world will see solid growth in the region of 3% per year, but in each case this will represent a decline on average annual advances posted in the year to 2010. Finally looking at end-use sectors, of the 1055 billion beverage closures sold in 2010, 58% were for soft drinks, 31% for beer and just 11% for dairy drinks. In each sector, a significant pro- portion of product is sold without a clo- sure – in soft drinks and beer, on-trade dispense plays an important role and in dairy, sachets and the informal milk are prominent in the developing world. In terms of closures demand, each sector has exhibited positive overall “Innovation in Beverage Closures, 2011” is a new special-interest report published by Canadean which provides a summary of global market trends and developments in the beverage closures as well as a review of recent new product development and innovations in beverage closure design within the global beer, dairy and soft drink markets. The report is an update of Canadean’s 2008 study, focusing particularly upon developments over the last 2 years. www.canadean.com growth in the period 2003 to 2010 and is expected to continue to do so going forward, beer at the same rate, a CAGR of 2.7%, dairy at a slightly reduced average – 4.1% per year against 4.7% in the years to 2010 – and soft drinks at a slightly enhanced rate – 4.1% against 3.9%. While it is difficult to generalise at the macro level because of regional and even national distinctions, for each sector the factors underpinning these trends are different. In milk, a conversion of pouch to carton and plastic bottle has an impact in creating a shift to larger sizes, in soft drinks a continu- ing desire for greater convenience will see more smaller packs appear, whilst in beer the bottle and can size expec- tations are well understood by con- sumers – 330ml, 500ml, 660ml being the most common - and changes to closure demand may be more associ- ated with conversion between pack types than changes in the pack sizes offered to consumers. Development Plastics-compatible design and injection-moulding simulation High Cavity Moulds The patented z -slides TM -closure-mould-technology breaks the sound barriers of conventional cycle times and puts - as a modular system - new scales in ease of maintenance and operation of moulds. Multi-component Injection Moulds In the high-performance sector Technology Centre Plastics technology Production Support After Sales Service z -moulds a brand of z -werkzeugbau-gmbh Competent – professional – inspiring Hoechster Strasse 8 · 6850 Dornbirn, Austria · T +43 5572 7272-720 · www.z-moulds.com Brasilplast May, 9 to 13, 2011 Hope to see you at our booth! NEW: Global beverage closures by sector 2010 %share by volume ( Source: Canadean)