Caps and Closures Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019

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REPORT DESCRIPTION

Caps and closures are devices or methods to seal bottles, cans and tubes among others. Caps and closures are employed in the

packaging industry primarily for preserving products and thus extending shelf life of the products. Plastic and metal are among

the major materials employed in the manufacturing of caps and closures. Other niche product segments include wood, paper,

and glass among others.

Historically, metal has been the predominant product segment for the market. Plastic based closures are gaining acceptance

and are expected to be the fastest growing segment in the near future. Tin and aluminum dominate the demand for metal based

caps and closures. Demand for plastic based caps and closures are expected to be driven by growing demand for polyethylene

and polypropylene. Increasing research and development activities in niche product segments such as paper and rubber is

expected to offer huge growth opportunity in the market.

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Major end user industries for caps and closure market include beverages, food, pharmaceutical, cosmetics and home care

products among several others. Beverages segment dominates the global caps and closures market and the trend is expected

to continue during the forecast period. Pharmaceutical is expected to be the fastest growing...