Albany, NY -- (SBWIRE) -- 09/13/2016 -- About Caps and Closures

Caps and closures are essential elements in the overall packaging of products, enhancing both the aesthetics and functionality of the products. They protect packaged products such as food and beverages from spoilage, dust, pollutants, and evaporation. They keep the contents fresh and make handling convenient. Today, caps and closures are also used for product differentiation and brand building. They are generally made of metal, plastic, rubber, or combinations of these materials. Some types of caps and closures are threaded caps, hinged caps, roll-on closures, twist-off closures, stoppers, corks, dispensing closures, lug caps, canning lids, and wine and spirit closures.

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Technavios analysts forecast the Caps and Closures Market in North America to grow at a CAGR of 4.49% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the caps and closures market in North America for 2016-2020. To calculate the market size, the report considers the revenue generated by caps and closures vendors in North America.

The market is divided into the following segments based on end-user:
Beverage industry
Food industry
Other industries
Personal care industry

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Technavio's report, Caps and Closures Market in North America 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Amcor
Bericap
Berry Plastics
Crown Holdings

Other prominent vendors
Alba
Alpla Werke
Aptar
Borealis
Global Closure Systems
Guala Closures
Meadwestvaco
Pelliconi
Rexam
Reynolds
Rieke Packaging Systems
RPC
Silgan Holdings

Market driver
Demand for child-resistant and tamper-evident closures
For a full, detailed list, view our report

Market challenge
Low degree of differentiation in metal closures and volatile raw material price
For a full, detailed list, view our report

Market trend
Increasing focus on light weight products
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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