PETpla.net Insider 09 / 2013

CAPPING / CLOSURES 59 PET planet insider Vol. 14 No. 09/13 www.petpla.net part by their extension into new mar- kets, and plastics are set to increase their market share from 46.2 to 49.3% (Fig. 3/4). Drivers of Change Population growth, the rise in the number and proportion of smaller households (especially in the devel- oped world), growing income in emerging markets, individualisation of consumption and increasing ‘on the go’ consumption, as well as other factors, all have a bearing on market demand. Longer-term technical driv- ers include the development of new materials, especially plastics; improved performance in existing materials; new processing and filling technologies; rising influence of developing markets; light weighting and materials reduc- tion; and the ever-increasing drive for higher technical performance but at lower cost. Since 2008, stagnating demand in mature markets has led to intensifica- tion of competition, leading to a shift in emphasis from added value and convenience to cost reduction and light weighting. R&D in closure design therefore continues to focus to some extent on other value-added features, such as single-piece hot-fill and ‘new generation’ sports closures; and active, non-spill, dosing and dispensing clo- sures. The market will see an increase in the variety, types and sizes of closures on offer, as well as growth in the share of simpler, single-piece and single-pol- ymer closures, with a balancing decline in complex, multipart and multi-material types. Liner-less closures are expected to become more widespread and PP is expected to decline in the face of increasing use of HDPE. Canadean says that light weighting is by far the most important techni- cal trend in beverage closures in recent years and virtually every major beverage closure manufacturer has a lightweight range. Improved designs and processes have helped to serve the need to reduce costs and improve resource efficiency. Plastics’ rising share of the market reflects their greater ability to adapt to demands for lighter weight, improved performance and lower costs. www.canadean.com Global beverage closure market 2009-11 - by type Volume - thousands of units Closure Type 2009 2010 2011 CAGR 2009-10 CAGR 2010-11 Carton Closures 32,068 33,993 34,482 6.00% 1.44% Metal Crowns 258.753 262,853 263,165 1.58% 0.12% Metal RO/ROPP 46,456 47,403 47,523 2.04% 0.25% Metal Twist-Off 13,378 13,767 14,031 2.91% 1.92% Other Closures 35,358 386,17 40,121 9.22% 3.89% Plastic screws 367.237 381,258 394,914 3.82% 3.58% Ring-Pulls 248,483 250,988 253,212 1.01% 0.89% Sports Caps 21,006 24,609 27,153 17.15% 10.34% TOTAL 753,250 777,891 794.236 3.27% 2.10% Plastics' Share 44.60% 45.40% 46.20% Fig. 2 Forecast of global beverage closure market - by region Volume - thousands of units Region 2011 2015 CAGR 2011-15 Tot Grth 2011-15 % Shr of grth Asia 400,513 518,271 6.70% 117,758 29.40% 65.25% East Europe 73,169 8,1234 2.60% 8,065 11.02% 4.47% Latin America 159,608 186,141 3.90% 26,533 16.62% 14.70% North America 239,119 251,821 1.30% 1,2702 5.31% 7.04% Rest of World 26,534 30,450 3.50% 3,916 14.76% 2.17% West Europe 175,658 187,144 1.60% 1,1486 6.54% 6.36% TOTAL 1.074.601 1.255.061 4.00% 180.460 Fig. 3 Forecast of global beverage closure market - category 2011-15 Volume - thousands of units Category 2011 2015 CAGR 2011-15 Tot Grth 2011-15 % Shr of grth Beer 326,518 366,655 2.90% 40,137 12.29% 22.24% Carbonates 258,875 269,137 1.00% 10,262 3.96% 5.69% Drinking Yoghurt 56,912 71,814 6.00% 14,902 26.18% 8.26% Energy Drinks 23,021 30,092 6.90% 7,071 30.72% 3.92% Flavoured Milk 11,721 14,136 4.80% 2,415 20.60% 1.34% Iced/RTD Coffee 18,351 19,164 1.10% 813 4.43% 0.45% Iced/RTD Tea Drinks 48,921 72,606 10.40% 23,685 29.40% 13.12% Juice 20,313 22,593 2.70% 2,280 11.02% 1.26% Nectars 12,353 14,575 4.20% 2,222 16.62% 1.23% Packaged water 174,403 220,671 6.10% 46,268 5.31% 25.64% Soymilk 3,127 4,010 6.40% 883 14.76% 0.49% Sports Drinks 15,432 19,425 5.90% 3,993 6.54% 2.21% Still Drinks 57,362 79,816 8.60% 22,454 14.76% 12.44% White Milk 47,292 50,364 1.60% 3072 6.54% 1.70% TOTAL 1.074.601 1.255.058 180.460 Fig. 4 Forecast of global beverage closure market - type 2011-15 Volume - thousands of units Category 2011 2015 CAGR 2011-15 Tot Grth 2011-15 % Shr of grth Carton Closures 34,482 40,393 4.00% 5911 17.14% 3.28% Metal Crowns 263,165 293,789 2.80% 30,624 11.64% 16.97% Metal RO/ROPP 47,523 52,455 2.50% 4932 10.38% 2.73% Metal Twist-Off 14,031 16,486 4.10% 2455 17.50% 1.36% Other Closures 40,121 57,830 9.60% 17,709 44.14% 9.81% Plastic Screws 394,914 485,357 5.30% 90,443 22.90% 50.12% Ring-Pulls 253,212 272,980 1.90% 19,768 29.40% 10.95% Sports Caps 27,153 35,772 7.10% 8619 11.02% 4.78% TOTAL 1,074,601 1,255,062 180,460 Plastics' Share 46.20% 49.30% 68% Fig. 5