Plastic Closures for Food and Beverage Market- Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Zijiang ,Jinfu ,Zhuhai Zhongfu ,Blackhawk Molding ,Mocap

Acknowledging the kind of traction gained by this market, recently published a study report asserts the Plastic Closures for Food and Beverage size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.8% during the review period (2022 to 2027).

Plastic Closures for Food and Beverage Overview

Caps and closures made from plastic, metal and other materials are closing systems used in bottle, jars, containers, cartons, and other packaging formats for sealing and packaging application. Rising production output from various end-use industries, coupled with design enhancement in caps and closures are driving its sales in the market.

The market for plastic caps and closures is being driven by a rise in demand for bottled water from customers all over the world. Plastic caps and closures are used to prevent spillage, make shipping easier, and extend the shelf life of bottled water. Because people are becoming more aware of water contamination and safety concerns, the market for bottled water is increasing. According to a 2019 research conducted by the Water Quality Association in the United States, over 78.5% of respondents acknowledged that they consume bottled water on a daily basis, with an average of 12 bottles per family. Furthermore, according to statistics on bottled water, the volume of bottled water increased by 4.9% in 2021, compared to 3.9% in 2019. This is projected to continue in the foreseeable period, resulting in increased demand for the product.

Who are the Major Players in Plastic Closures for Food and Beverage?

The global Plastic Closures for Food and Beverage includes identification and analysis of the various market participants competing in the global market. Prominent competitors include Bericap ,Closure Systems International ,Berry Global ,Aptar Group ,Silgan ,ALPLA ,THC ,Mold Rite Plastics ,Oriental Containers ,Zijiang ,Jinfu ,Zhuhai Zhongfu ,Blackhawk Molding ,Mocap

Industry News and Updates:

Aptar unveils Ultra XLV Closure for dispensing high viscosity products

February 23, 2022: Aptar Food + Beverage announced the launch of its 2-inch Ultra Large Valve (XLV), the newest expansion to its inverted closure product line with SimpliSqueeze technology. The 2” Ultra XLV is Aptar’s first stock closure offering with a valve large enough to successfully dispense very thick or high viscosity products, including those with particulates.

Berry Global introduces a new closure for sauces

December 7, 2021: A new closure from Berry Global, specifically created for sauces, demonstrates the company’s circular design capabilities in devising a lightweight and recyclable solution while delivering consumer convenience benefits.

What are the major Applications, Types and Regions for Plastic Closures for Food and Beverage?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• PP Closure


• PE Closure


• Screw-on caps


• Dispensing caps


• Other

By Application, it is segmented into

• Food


• Beverage

Plastic Closures for Food and Beverage Regional Analysis

The beverages industry in the Asia Pacific area has experienced strong growth over the last decade as a result of increased disposable incomes, and this trend is likely to continue over the projection period as a result of evolving consumer tastes, which indicate a greater emphasis on energy and nutritious drinks.

The region's rapidly growing middle class and altering working culture are boosting the amount of alcohol consumption. According to World Health Organization (WHO) statistics, total pure alcohol consumption per capita in 2020 was 8.9 liters.

This trend is likely to continue during the projection period, resulting in increased alcohol production and, as a result, increased demand for caps and closures in the APAC region, particularly in India and Taiwan.

North America

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  • 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 Plastic Closures for Food and Beverage report scope?

Key Takeaways from this Plastic Closures for Food and Beverage Report

• Evaluate Plastic Closures for Food and Beverage 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 Plastic Closures for Food and Beverage entropy - M&A's, deals, partnerships, product launches of all key players for the past 5 years. Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

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.

Frequently Asked Question -

What is the study period of this market?

The Plastic Closures for Food and Beverage Market is studied from 2017-2027.

What is the growth rate of Plastic Closures for Food and Beverage Market?

The Plastic Closures for Food and Beverage Market is growing at a CAGR of 5.8% over the next 5 years.

Who are the key players in Plastic Closures for Food and Beverage Market?

Bericap ,Closure Systems International ,Berry Global ,Aptar Group ,Silgan ,ALPLA ,THC ,Mold Rite Plastics ,Oriental Containers ,Zijiang ,Jinfu ,Zhuhai Zhongfu ,Blackhawk Molding ,Mocap

What regions does this Plastic Closures for Food and Beverage Market report covers?

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 are the significant types of Plastic Closures for Food and Beverage Market?

PP Closure, PE Closure, Screw-on caps, Dispensing caps, Other

What are the major end-use applications of Plastic Closures for Food and Beverage Market?

Food, Beverage