The Business Research Company’s Plastic Caps And Closures Global Market Report 2022: Market Size, Trends, And Forecast To 2026
LONDON, GREATER LONDON, UK, June 10, 2022 /EINPresswire.com/ — According to ‘Plastic Caps And Closures Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the plastic caps and closures market size is expected to grow from $39.74 billion in 2021 to $43.71 billion in 2022 at a compound annual growth rate (CAGR) of 10%. The plastic cap and closure market is expected to grow to $55.17 billion in 2026 at a CAGR of 6%. An increase in demand for bottled water from consumers across the globe is driving the plastic caps and closures market.
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The plastic caps and closures market consists of sales of plastic caps and closure products by entities (organizations, sole traders, or partnerships) that are mainly produced from high-density polyethylene (HDPE) and polypropylene (PP). Plastic caps and closures are the final elements of the packaging process that are used in a variety of applications such as beverage packaging, non-food packaging, and cosmetic packaging.
Global Plastic Caps And Closures Market Trends
Key players operating in the plastics caps and closures market are focusing on developing and launching innovative products to meet the sustainability targets set by governing bodies across the globe.
Global Plastic Caps And Closures Market Segments
The global plastic caps and closures market is segmented:
By Product Type: Screw Caps, Dispensing Caps, Others
By Material: Polypropylene, Polystyrene, Polyethylene, Others
By End-User: Pharmaceutical, Personal Care, Food and Beverages, Others
By Geography: The global plastic caps and closures market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
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Plastic Caps And Closures Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides plastic caps and closures global market overviews, global plastic caps and closures market analysis and forecasts market size and growth for the global plastic caps and closures market, plastic caps and closures global market share, plastic caps and closures global market segments and geographies, plastic caps and closures global market trends, plastic caps and closures global market players, plastic caps and closures market leading competitor revenues, profiles and market shares. The plastic caps and closures market research report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Plastic Caps And Closures Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Berry Global Inc, Guala Closures Group, BERICAP, O.Berk Company, United Caps, Caps & Closures Pty Ltd., Pano Cap Limited, Plastic Closures Ltd., Cap & Seal Pvt. Ltd, and MJS Packaging.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
Looking for something else? Here is a list of similar reports by The Business Research Company:
Plastic Products Global Market Report 2022
Plastics And Rubber Products Global Market Report 2022
Paper, Plastics, Rubber, Wood And Textile Global Market Report 2022
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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This news story originally appeared at World - Euro-News on 30 June 2022