Infinium Global Research has undertaken a new report on Global Caps and Closure Market: Trends Analysis and Forecast 2023. The report presents analysis global as well as regional markets of Global Caps and Closure over the period of 2015 to 2023. Moreover, the IGR-Growth Matrix given in the report provides key focus areas and investment areas the market players can focus on. The market size is presented in terms of value for the historic year 2015 and estimated for forecast period of 2017 to 2023.
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Caps and closure Market globally is anticipated to grow at a rapid pace, the latest study by Infinium Global Research estimates the global market size of caps and closure to surpass USD 52 billion by 2023 expanding at a CAGR higher than 4.9% between 2017 and 2023. In terms of volume the caps and closure market is likely to surpass 3 trillion units by 2023, with volume growing at a CAGR slightly more than 4.4% between 2017 and 2023. The growth in this market is primarily driven by growth in application segments such as food & beverages and pharmaceuticals among others. Moreover, growth in plastic and glass containers/bottles is likely to boost the market size of caps and closures over the next few years. Currently, geographically, Asia Pacific is the largest market followed by North America. Among the types of caps and closures the plastic caps and closures are likely to grow at the fastest pace over the forecast period.
The report on caps and closure market provides insights into the drivers, restraints, and opportunities in the world market. Furthermore, market attractiveness analysis given in the report highlights the most promising segments of the caps and closure market. The global industry structure is analyzed using Porter’s five forces model and value chain analysis.
Key players profiled in the report include Pact Group Holdings Ltd, Aptar Group Inc., Reynolds Group Holdings Ltd, Closure Systems International (CSI), Silgan Holdings Inc., Crown Holdings, Inc., Berry Plastics Corporation, BERICAP GmbH und Co KG, Alpla Holdings Gmbh, Amcor Ltd., Essel Propack Ltd.
Reasons to buy this report
- Comprehensive analysis of global as well as regional markets of Global Caps And Closure
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2023.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
- Infinium Global Research- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
About Infinium Global Research
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