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Category: Business and Industry
Date Submitted: 08/26/2014 04:48 AM
Caps & Closures Market by Raw Material (Plastic, Metal & Others), Applications (Food, Beverage, Personal Care & Home Care, Pharma & Industrial), Types (Plastic: Screw, Dispensing, Metal: Screw & Lug, Can Ends, Others) - Global Trends & Forecast to 2018
On 26 August 2014
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The growing demand from the downstream industries such as food & beverage, personal & home care, pharmaceutical, and industrial chemicals has translated into high demand for the caps & closures. This report estimates the market size of the caps and closures market in terms of value and volume. Food, beverage, personal & home care products, pharmaceutical, and industrial chemical industries are the end-user applications for cap & closures. In terms of geography, the report is segmented into Asia-Pacific, Europe, North America, and Rest of the World (ROW).The global market is broadly divided on the basis of raw materials used, such as plastics, metals, and others. With a huge market potential and growing consumer preference, the market is likely to witness substantial growth in the coming years. Browse Full Report @ http://www.jsbmarketresearch.com/paper-packaging/r-Caps-ClosuresMarket-by-Raw-Material-Applications-Types-Global-Trends-Forecast-to-2018-97179 Caps and closures is an imperative segment of the packaging industry as it aids in protecting and extending the shelf-life of end-products. In terms of end-use, beverages remain the largest market for caps & closures. The pharmaceutical market is set to exhibit the strongest unit volume gains, followed by personal & household care products. Functional & light weight closures such as child-resistant, tamper evident, and dispensing caps which offer precise dosing,
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will spur the growth in these markets. On the other hand, the growing usage of packaging formats without closures and blister packaging will act as major restraints...