Uptake of Flexible Packaging to Negatively Impact Sales of Caps and Closures, Reports TMR
With the top six players including Silgan Holdings Inc, Global Closure Systems, Bericap, Crown Holdings, Inc., Berry Plastics, and Reynolds Group Holdings Ltd. barely accounting for 19.7% in 2014 the global caps and closures market exhibits a highly fragmented vendor landscape. Competition prevailing in the market is therefore considerably high and there are little chances of it declining in the next few years. According to Transparency Market Research, (TMR), key players have been adopting competitive strategies to cater to the...
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