The global metal caps & closures market is projected to grow at a moderate CAGR during the forecast period. The key factors that drive the market include increased demand for the packing products across various industries including food & beverages, pharmaceuticals among other industry. Further, growth in trade businesses in food & beverages, medical products are also likely to drive the growth of the global metal caps and closures market. Caps and closures provide a barrier to dirt, moisture, and oxygen and keep the product secure from undesired premature opening. Caps and closures are mainly used in the packaging industry to preserve products to extend their shelf life.
Further, the key manufacturers are also focusing on the development of caps and closures that are compatible with a variety of storage containers. The closures also provide an extended shelf life to the products as well as delivers eye-catching visual appeal and easy-open convenience attracting the consumers. Thus, this is likely to drive the growth of the market over the forecast period. However, the availability of various alternatives such as caps and closure systems made of plastics, wood, and others are projected to create growth opportunities for the metal caps and closures market over the forecast period.
Segmental Outlook
The global metal caps & closures market is segmented into the type and applications. Based on the type, the market is segmented into steel caps & closures, tin plate caps & closures, aluminum caps & closures, and others. Based on the application, the market is segmented into food & beverages, pharmaceuticals, cosmetics & personal care, chemicals & paints, and others.
Global Metal Caps & Closures Market by Application, 2019 (%)
Cosmetics & Personal Care Segment to Register Significant Growth
Amongst the application segment of the market, the cosmetics & personal care segment is estimated to exhibit significant growth during the forecast period. There has been a significant shift of the consumers towards the adoption of cosmetics & personal care products, as more and more individuals are undergoing several beauty therapies to correct the signs of aging. Spending on beauty procedures is on a significant rise throughout the globe. Urbanization is leading to a modern lifestyle which has urged individuals to focus on physical appearance, thus more and more individuals are going for various beauty procedures and adopting several beauty products. An increasing obsession with physical appearance, rising disposable income, and the availability of technologically advanced & user-friendly products are the major factors that have played an imperative role in the increased spending on beauty procedures and the segmental growth of the market.
Regional Outlook
The global metal caps & closures market is geographically segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific region is estimated to grow significantly during the forecast period. The regional growth of the market is attributed to a significant increase in the disposable income of the consumers, due to which they are willing to pay more for packaged food products. The region also has potential growth opportunities due to the presence of well-established packaging industry in emerging countries such as China & India. The growth in this region is attributed to the growth of the beverage, healthcare, and personal care products industry. Further, the North American region is also likely to register a significant market attributing to the significant growth across industries including pharma, cosmetics, and others.
Global Metal Caps & Closures Market by Region, 2019 (%)
Market Players Outlook
Some of the prominent players functioning in the global metal caps & closures market include Amcor Plc, CL Smith Co., Closure Systems International, Crown Holdings Inc., Nippon Closures Co. Ltd., Sonoco Products Co., Pelliconi & C. SPA, and others. These are the key companies adopting several organic and inorganic growth strategies such as product launches & developments, partnerships, agreements, and acquisitions to strengthen their product portfolios and maintain a competitive position in the global metal caps & closures market.
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Metal Caps & Closures Market by Type
5.1.1. Steel
5.1.2. Tin Plate
5.1.3. Aluminum
5.1.4. Others
5.2. Global Metal Caps & Closures Market by Application
5.2.1. Food &Beverages
5.2.2. Pharmaceuticals
5.2.3. Cosmetics & Personal Care
5.2.4. Chemicals & Paints
5.2.5. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. ASEAN
6.3.5. South Korea
6.3.6. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Amcor Plc
7.2. Berry Global Inc.
7.3. BKM Industries, Ltd.
7.4. CL Smith Co.
7.5. Closure Systems InternationalInc.
7.6. Crown Holdings Inc.
7.7. Guala Closures Group
7.8. Herti JSC
7.9. Nippon Closures Co. Ltd.
7.10. Pelliconi & C. SPA
7.11. Silgan White Cap
7.12. SKS Bottle & Packaging Inc.
7.13. Sonoco Products Co.
7.14. Tecnocap Group
7.15. The Cary Co.
7.16. WestRock Co.
1. GLOBAL METAL CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
2. GLOBAL STEEL CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL TIN PLATE CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL ALUMINUM CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
5. GLOBAL OTHER METAL CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL METAL CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
7. GLOBAL METAL CAPS & CLOSURES FOR FOOD & BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL METAL CAPS & CLOSURES FOR PHARMACEUTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL METAL CAPS & CLOSURES FOR COSMETICS & PERSONAL CARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
10. GLOBAL METAL CAPS & CLOSURES FOR CHEMICALS & PAINTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
11. GLOBAL METAL CAPS & CLOSURES FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
12. GLOBAL METAL CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
13. NORTH AMERICAN METAL CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
14. NORTH AMERICAN METAL CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
15. NORTH AMERICAN METAL CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
16. EUROPEAN METAL CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
17. EUROPEAN METAL CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
18. EUROPEAN METAL CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
19. ASIA-PACIFIC METAL CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
20. ASIA-PACIFIC METAL CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
21. ASIA-PACIFIC METAL CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
22. REST OF THE WORLD METAL CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
23. REST OF THE WORLD METAL CAPS & CLOSURES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
1. GLOBAL METAL CAPS & CLOSURES MARKET SHARE BY TYPE, 2019 VS 2026 (%)
2. GLOBAL METAL CAPS & CLOSURES MARKET SHARE BY APPLICATION, 2019 VS 2026 (%)
3. GLOBAL METAL CAPS & CLOSURES MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
4. US METAL CAPS & CLOSURES MARKET SIZE, 2019-2026 ($ MILLION)
5. CANADA METAL CAPS & CLOSURES MARKET SIZE, 2019-2026 ($ MILLION)
6. UK METAL CAPS & CLOSURES MARKET SIZE, 2019-2026 ($ MILLION)
7. FRANCE METAL CAPS & CLOSURES MARKET SIZE, 2019-2026 ($ MILLION)
8. GERMANY METAL CAPS & CLOSURES MARKET SIZE, 2019-2026 ($ MILLION)
9. ITALY METAL CAPS & CLOSURES MARKET SIZE, 2019-2026 ($ MILLION)
10. SPAIN METAL CAPS & CLOSURES MARKET SIZE, 2019-2026 ($ MILLION)
11. ROE METAL CAPS & CLOSURES MARKET SIZE, 2019-2026 ($ MILLION)
12. INDIA METAL CAPS & CLOSURES MARKET SIZE, 2019-2026 ($ MILLION)
13. CHINA METAL CAPS & CLOSURES MARKET SIZE, 2019-2026 ($ MILLION)
14. JAPAN METAL CAPS & CLOSURES MARKET SIZE, 2019-2026 ($ MILLION)
15. ASEAN METAL CAPS & CLOSURES MARKET SIZE, 2019-2026 ($ MILLION)
16. SOUTH KOREA METAL CAPS & CLOSURES MARKET SIZE, 2019-2026 ($ MILLION)
17. REST OF ASIA-PACIFIC METAL CAPS & CLOSURES MARKET SIZE, 2019-2026 ($ MILLION)
18. REST OF THE WORLD METAL CAPS & CLOSURES MARKET SIZE, 2019-2026 ($ MILLION)