Albany, NY -- (SBWire) -- 05/31/2019 --Metals such as aluminum provide high barrier properties against moisture. Metals are bio-degradable and recyclable which possesses minimal effect on nature. Therefore, metal lug closures are highly preferred due to their composition of the metal. Moreover, highly aesthetic and luminous appearance with a smooth surface finish of metal lug closures attracts the end-users.

For better grip over the highly smooth surface of metal lug closure, steps are provided on the peripheral surface which results in consumer convenience by providing ease in the opening of the metal lug closure. This trend is rapidly growing in the metal lug closures market. Plastisol lining is usually used in metal lug closures for high friction or tight sealing of the glass jars and bottles.

Metal lug closures market has high penetration in the food industry while negligible in any other industry. Metal lug closures are majorly used with glass jars and bottles. With large and further growing food packaging market, metal lug closures market is expected to witness wide opportunity during the forecast period.

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The global metal lug closures market can be segmented on the basis of the extent of the twist as

Regular twist-off
Medium twist-off
Deep twist-off

The pricing analysis would be made on the basis of the extent of twist of the metal lug closures as this factor completely changes the design of the closure and varies according to the application.

Global Metal Lug Closures Market: Key Players

The metal lug closures market players such as O.Berk Company, Crown Holdings Inc., and others are relatively more organized in North America and Western Europe region as compared to highly unorganized production of metal lug closures in Asia Pacific region. Some of the players in the metal lug closures market are

Amcor Ltd.
Berk Company
Crown Holdings, Inc.
Royal Can Industries Company Limited
Burch Bottle & Packaging, Inc.
Silgan Closures GmbH
Tecnocap S.p.A.
Massilly North America Inc.
Aaron Packaging, Inc.
White Cap, Inc.

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High availability of metals and machinery at economic prices has enabled Asia Pacific region to produce metal lug closures at low prices as compared to any other geographies. Also, large population and rapidly developing economies in the Asia Pacific region are leading to high consumption of packaged food. Although, the glass packaging demand for food packaging is significantly high in North America and Western Europe region. These factors indicate large market in Western Europe, North America and Asia Pacific region.