Packaging / Flip Top Caps And Closures Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Blackhawk Molding, Amcor, BERICAP Holdings, Global Closure Systems
Flip Top Caps and Closures Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Blackhawk Molding, Amcor, BERICAP holdings, Global Closure Systems
Registering a CAGR of 4.5% over the forecast period of 2022-2027, the global Flip Top Caps and Closures Market is anticipated to reach the market value of USD 15859.09 million by 2027 from USD 12460.4 million in 2020.
Flip Top Caps and Closures Market Overview
Flip top caps and closures market is fast traction owing to growing manufacturing output globally, increasing consumer spending on quality and innovative products. Additionally, availability of wide range of flip top caps and closures which fit bottles, jars, and tubes etc. is anticipated to further fuel the growth in the flip top caps and closures market and screw on flip top caps is predictable to gain important market share in coming years. Gaining in flip top caps and closures market will be supported by continuous growth in pharmaceuticals, cosmetics and personal care industry. Flip top caps and closures are easy fluid dispensing which make it convenient for consumer to use product.
In the packaging of medical and food products, moisture control is the main concern, and thermoform plastic acts as barrier films to bring the product in good condition. Thin walling used in various packaging applications has been an additional development factor for the market.
Who are the Major Players in Flip Top Caps and Closures Market?
The Flip Top Caps and Closures Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Blackhawk Molding, Amcor plc (NYSE:AMCR), BERICAP holdings, Global Closure Systems, Crown Holdings Inc. (NYSE:CCK), Siligan Holdings, Reynolds Group Holdings, Oriental Containers, Guala Closures Group, Berry Plastics, Pelliconi, Premier Vinyl Solution,Hoffmann Neopac,and many others
Recent Developments:
16 November 2021:New Amcor technology focuses on closures & caps digital exposure. Amcor has launched IMPRESSIONS, a technology developed in collaboration with MGJ that enables brands to customise closure liners, such as the underside of bottle caps.
07 Oct 2020 -- Hoffmann Neopac is introducing the market’s first fully recyclable polyethylene-based (PE) tubes with high-density polyethylene (HDPE) flip-top caps. The mono-material tube and cap combination overcomes a longstanding functionality hurdle for hinged caps, previously made predominantly from less recyclable polypropylene (PP) materials.
What are the major Applications, Types and Regions for Flip Top Caps and Closures Market?
Flip Top Caps and Closures Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Plastic
Metal
Others
By Applications it is segmented into
Beverages and Foods
Cosmetics and Personal Care Products
Pharmaceuticals
Industrial Chemicals
Others
Flip Top Caps and Closures Market Regional Analysis
Asia Pacific region is anticipated to be the fastest growing region as compared to other regions owing to growing manufacturing sector in this region. The Europe and North America markets are highly mature with high presence of established players. The global flip top caps and closures market is anticipated to witness healthy growth in near future driven by growing disposable income together with widening consumer base. These factors have also led to improved investment by companies engaged in manufacturing and distribution of flip top caps and closures in various regions. MEA and Latin America are predictable to witness moderate growth in flip top caps and closures market over the forecast period.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
What is our Flip Top Caps and Closures Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 4.5% during the review period (2022 to 2027).
By Type
Plastic
Metal
Others
By Application
Beverages and Foods
Cosmetics and Personal Care Products
Pharmaceuticals
Industrial Chemicals
Others
By Companies
Blackhawk Molding, Amcor, BERICAP holdings, Global Closure Systems, Crown Holdings, Siligan Holdings, Reynolds Group Holdings, Oriental Containers, Guala Closures Group, Berry Plastics, Pelliconi, Premier Vinyl Solution
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
158
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this Flip Top Caps and Closures Report
Evaluate Flip Top Caps and Closures market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Flip Top Caps and Closures market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Flip Top Caps and Closures Market is studied from 2017 - 2027.
What is the growth rate of Flip Top Caps and Closures Market?
The Flip Top Caps and Closures Market is growing at a CAGR of 4.5% over the next 5 years.
Who are the leading key players in Flip Top Caps and Closures Market?
Blackhawk Molding, Amcor, BERICAP holdings, Global Closure Systems, Crown Holdings, Siligan Holdings, Reynolds Group Holdings, Oriental Containers, Guala Closures Group, Berry Plastics, Pelliconi, Premier Vinyl Solution
What regions regions does this Flip Top Caps and Closures Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Flip Top Caps and Closures Market?
Plastic, Metal, Others
What are the significant Applications of Flip Top Caps and Closures Market?
Beverages and Foods, Cosmetics and Personal Care Products, Pharmaceuticals, Industrial Chemicals, Others
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
INTRODUCTION
MARKET DEFINATION
MARKET DYNAMICS
MARKET SEGMENTATION
REPORT TIMLINES
KEY STAKEHOLDERS
RESEARCH METHODOLOGY
DATA MINING
SECONDARY RESEARCH
PRIMARY RESEARCH
SUBJECT MATTER EXPERT ADVICE
QUALITY CHECK
FINAL REVIEW
DATA TRIANGULATION
BOTTOM-UP APPROACH
TOP-DOWN APPROACH
RESEARCH FLOW
EXECUTIVE SUMMARY
INTRODUCTION
GLOBAL FLIP TOP CAPS AND CLOSURESMARKETBY TYPES
GLOBAL FLIP TOP CAPS AND CLOSURES MARKET BY APPLICATIONS
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
