Global Caps & Closures Market Will Grow with CAGR of 4.8% - Industry Research, Share, Size, Analysis, Growth

Market Research Store : Published latest report on "Global Caps & Closures Market Outlook (2014-2022)" into their database.

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Deerfield Beach, FL -- (SBWire) -- 12/14/2015 --The Global Caps & Closures Packaging market is estimated at $47.3 billion in 2014 and is expected to reach $68.9 billion by 2022 growing at a CAGR of 4.8% during the forecast period 2014 to 2022. Fear about product safety & security, increasing per capita consumption in rising economies and modern caps for shelf visibility are the factors driving the market growth. Sluggish demand for caps & closures is hindering the market while the product improvement provides an opportunity for the market growth. Rise in demand for metal cans acts as a driving factor in the growth of metal caps and closures market. Plastic screws govern the closure type in beverages since they are broadly used in dressings, condiments, and soft & alcoholic drinks.

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Asia Pacific held the major market for the caps and closures market in terms of both revenue and volume and is projected to stay as the market leader over the forecast period. Latin America is anticipated to be one of the fastest growing regions among the global market.

The key players in the market include, Bericap, Tetra Laval International SA, Crown Holdings inc., Closure Systems International (CSI), Dätwyler Holding Incorporated, Amcor Ltd., Silgan Holdings Inc., RPC Group, Reynolds Group Holdings Limited and Rexam Plc.

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Types Covered:

Screw Caps
Over Caps
Liquid Carton Closures
Can Ends
Lug Closure
Lids
Dispensing Closures
Disc-Top Closures
Trigger Closures
Flip Top Closures
Dropper Closures
Crowns
Pumps & Sprays
Rubber Stoppers
Tamper Evident Closures
Cork
Aerosol Sprays
Peel-Off Foils
Child-Resistant Closures (CRC)
Glass Stoppers

Materials Covered:

Plastic Closures
Metal Closures
Polypropylene (PP)
Polyethylene (PE)
Rubber & Cork
Other Materials
Glass
Paper Board
Rubber
Wood Closures
Elastomers

Applications Covered:

Pharma
Tubes
Parenteral Containers
Bottles
Beverage
Bottles
Pouches
Beer
Other Beverages
Industrial
Steel Drums
Barrels
Plastic Containers
Cans
Plastic Drums
Food
Pouches
Cartons
Jars
Cans
Personal Care & Home Care
Aerosols
Bottles
Tubes
Pouches
Others

Regions Covered:

North America
US
Canada
Europe
Germany
France
Italy
UK
Spain
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia
Rest of the World
Latin America
Middle East
Africa
Others

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Joel John
Corporate Sales Specialist
Market Research Store
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http://www.marketresearchstore.com/report/caps-closures-market-outlook-global-trends-38291

View this press release online at: http://rwire.com/648186