Registering a CAGR of 1.88% over the forecast period of 2022-2027, the global Metal Caps Market is anticipated to reach the market value of USD 1.12 billion by 2027 from USD 1.03 billion in 2020.
The metal caps deliver eye-catching appeal and easy-open convenience coupled with extending shelf-life of the product. These product safety structures and convenient properties of the metal closures are anticipated to have a positive impact on the market. North America has the largest market which is favored by growing demand for bottled water and beverage segments. The rising concerns regarding the usage of environment-friendly products have boosted the acceptance of metal caps and closures. Though plastic-based caps pose a high threat for the metal caps, the plastic caps market is observing high threats regarding environmental problems. This has been creating the chance for the metal caps and closures. Several companies in recent years have been replacing their plastic-based caps and closures with metal. The rapidly increasing pharmaceutical production and the regulatory changes further favor child-resistant, value-added, and senior-friendly closures, which are anticipated to drive the market in the foreseen period.
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.
The Metal Caps 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 Crown, Guala Closures Group, Amcor, Silgan Holdings, Tecnocap Group, Massilly, Federfin Tech, Herti JSC, Roberts Metal Packaging, Torrent Closures, Keystone Cap Company, P. Wilkinson Containers Ltd, Nepak Ltd, Tin Cap
Recent Developments:
Metal Caps Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Applications it is segmented into
Asia-Pacific is expected to witness the fastest development because of the presence of two highly populated countries i.e., China and India. In these two countries, the growth in disposable income will act as a supplement for the development of the metal caps and closures market. Moreover, with the vast increase in the demand for packaged foods and beverages and the critical role played by caps and closures in keeping packaged consumables fresh for extended periods are likely to boost the market in these regions.
Scope of the Report covers Metal Caps Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Metal Caps Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Metal Caps Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Crown, Guala Closures Group, Amcor, Silgan Holdings, Tecnocap Group |
Forecast Period 2022 to 2028 CAGR | CAGR of 1.88% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Crown, Guala Closures Group, Amcor, Silgan Holdings, Tecnocap Group, Massilly, Federfin Tech, Herti JSC, Roberts Metal Packaging, Torrent Closures, Keystone Cap Company, P. Wilkinson Containers Ltd, Nepak Ltd, Tin Cap |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 133 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Metal Caps Market is studied from 2017 - 2027.
What is the growth rate of Metal Caps Market?
The Metal Caps Market is growing at a CAGR of 1.88% over the next 5 years.
Who are the key players in Metal Caps Market?
Crown, Guala Closures Group, Amcor, Silgan Holdings, Tecnocap Group, Massilly, Federfin Tech, Herti JSC, Roberts Metal Packaging, Torrent Closures, Keystone Cap Company, P. Wilkinson Containers Ltd, Nepak Ltd, Tin Cap
What regions does this Metal Caps 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 Metal Caps Market?
Beverages, Food, Pharmaceuticals, Others
What are the major end-use applications of the Metal Caps Market?
Continuous Thread, Unishells, Others
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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.
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