Product ID: UCMIG15G2002
Caps and Closures Market Size, Share, Growth Analysis, By Product Type(Easy-open Can End, Metal Lug Closures) - Industry Forecast 2024-2031
Report ID:
UCMIG15G2002 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Caps and Closures Market Insights
Market Overview:
In terms of volume, bottled water is one of the fastest-growing beverage categories. Over the next four to five years, the increase in consumer demand for bottled water will fuel the demand for tamper-evident caps and closures. Lifestyle changes and per capita consumption are driving the expansion of the bottled water sector. The rise in consumer income levels has resulted in higher sales of premium bottled water. As a result, bottlers have been pushed to create premium bottled water products with appealing capping methods. RPC Group PLC (UK), Crown Holdings Incorporation (US), Amcor Limited Plc (Australia), Rexam PLC (UK), and Guala Closures Group (Italy) are the key players operating in the caps & closures market.
Caps and Closures Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
To get more reports on the above market click here to
Get Free Sample
Get Free Sample
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Metal & Glass Containers by segment aggregation, the contribution of the Metal & Glass Containers in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Caps and Closures Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
