The European metal caps & closures market is projected to grow during the forecast period owing to the rising population and changing lifestyle. Consumers are changing their preferences and shifting towards personalized, convenient, and healthier food and beverage items. Along with this, the Consumer-Packaged Goods (CPG) and governments are pushing for sustainable packaging. Various government rules and regulations were implemented concerning the food packaging to control the contaminants of the hazardous components in the packaging of food and beverages that promotes the use of renewable metal-based packaging items. Thus, this further drives the growth of the metal caps and closures market over the forecast period.
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Further, the region also has a significant chemical sector across the globe. EU chemical industry generated around $648.7 billion of revenue in 2018, which is approximately 17.0% of the global chemical sales. Growth in various sectors such as automotive and construction demands for the specific paints and chemicals which further creates a wide scope for the growth of the market over the forecast period. The major economies that contribute to the growth of the European metal caps and closures market include the UK, France, Germany, Italy, and Spain. Amongst these economies, the UK is expected to register significant growth over the forecast period.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected country /segment
Europe Metal Caps & Closures Market – Segmentation
By Type
By Application
Europe Metal Caps & Closures Market – Countries Covered