Pune, Maharashtra -- (SBWire) -- 11/15/2023 --According to HTF Market Intelligence, the Global Beverage Caps & Closures market to witness a CAGR of 5.5% during the forecast period (2023-2029). The Latest Released Beverage Caps & Closures Market Research assesses the future growth potential of the Beverage Caps & Closures market and provides information and useful statistics on market structure and size.
This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report identifies and analyses the changing dynamics and emerging trends along with the key drivers, challenges, opportunities and constraints in the Beverage Caps & Closures market. The Beverage Caps & Closures market size is estimated to increase by USD 19 Billion at a CAGR of 5.5% from 2023 to 2029. The report includes historic market data from 2023 to 2029. The market value is pegged at USD 66.1 Billion.
The Major Players Covered in this Report: Crown Holdings, Inc. (United States), Amcor Limited (Australia), Bericap GmbH & Co. KG (Germany), Closure Systems International, Inc. (United States), Global Closure Systems (France), Silgan Holdings Inc. (United States), AptarGroup, Inc. (United States), Berry Global Group, Inc. (United States), Owens-Illinois, Inc. (United States), RPC Group Plc (United Kingdom), Guala Closures Group (Italy)
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Definition:
The Beverage Caps & Closures Market refers to the segment of the packaging industry that specializes in the design, manufacturing, distribution, and utilization of caps and closures specifically intended for beverage containers. Caps and closures are essential components used to seal and secure beverage containers, such as bottles, cans, and cartons, to maintain product freshness, prevent spillage, and ensure consumer safety.
Market Drivers:
The ever-evolving consumer preferences and the quest for convenience
The globalization of beverage brands
Market Opportunities:
Technological advancements and smart packaging
The shift towards online shopping for groceries and beverages
Market Challenges:
Concerns with the high investment in the industry to stay competitive
Regulatory compliance is challenging for the industry
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The titled segments and sub-sections of the market are illuminated below:
In-depth analysis of Beverage Caps & Closures market segments by Types: Screw Caps, Crown Caps, Cork Closures, Plastic Snap-On Caps, Dispensing Caps
Detailed analysis of Beverage Caps & Closures market segments by Applications: by Beverage Industry (Alcoholic Beverages, Non-Alcoholic Beverages, Dairy and Dairy Alternatives, Coffee and Tea, Others)
Major Key Players of the Market: Crown Holdings, Inc. (United States), Amcor Limited (Australia), Bericap GmbH & Co. KG (Germany), Closure Systems International, Inc. (United States), Global Closure Systems (France), Silgan Holdings Inc. (United States), AptarGroup, Inc. (United States), Berry Global Group, Inc. (United States), Owens-Illinois, Inc. (United States), RPC Group Plc (United Kingdom), Guala Closures Group (Italy)
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report:
-To carefully analyse and forecast the size of the Beverage Caps & Closures market by value and volume.
-To estimate the market shares of major segments of the Beverage Caps & Closures market.
-To showcase the development of the Beverage Caps & Closures market in different parts of the world.
-To analyse and study micro-markets in terms of their contributions to the Beverage Caps & Closures market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Beverage Caps & Closures market.
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Beverage Caps & Closures market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Global Beverage Caps & Closures Market Breakdown by Closure Type (Screw Caps, Crown Caps, Cork Closures, Plastic Snap-On Caps, Dispensing Caps) by Material Type (Plastic Closures, Metal Closures, Cork Closures, Glass Closures) by Beverage Industry (Alcoholic Beverages, Non-Alcoholic Beverages, Dairy and Dairy Alternatives, Coffee and Tea, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
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Key takeaways from the Beverage Caps & Closures market report:
– Detailed consideration of Beverage Caps & Closures market-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets.
– Comprehensive valuation of all prospects and threats in the
– In-depth study of industry strategies for growth of the Beverage Caps & Closures market-leading players.
– Beverage Caps & Closures market latest innovations and major procedures.
– Favourable dip inside Vigorous high-tech and market latest trends remarkable the Market.
– Conclusive study about the growth conspiracy of Beverage Caps & Closures market for forthcoming years.
Major questions answered:
- What are influencing factors driving the demand for Beverage Caps & Closures near future?
- What is the impact analysis of various factors in the Global Beverage Caps & Closures market growth?
- What are the recent trends in the regional market and how successful they are?
- How feasible is Beverage Caps & Closures market for long-term investment?
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Major highlights from Table of Contents:
Beverage Caps & Closures Market Study Coverage:
- It includes major manufacturers, emerging player's growth story, and major business segments of Beverage Caps & Closures market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Beverage Caps & Closures Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- Beverage Caps & Closures Market Production by Region
- Beverage Caps & Closures Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Beverage Caps & Closures Market Report:
- Beverage Caps & Closures Overview, Definition and Classification Market drivers and barriers
- Beverage Caps & Closures Market Competition by Manufacturers
- Beverage Caps & Closures Capacity, Production, Revenue (Value) by Region (2023-2029)
- Beverage Caps & Closures Supply (Production), Consumption, Export, Import by Region (2023-2029)
- Beverage Caps & Closures Production, Revenue (Value), Price Trend by Type {Screw Caps, Crown Caps, Cork Closures, Plastic Snap-On Caps, Dispensing Caps}
- Beverage Caps & Closures Market Analysis by Application {by Beverage Industry (Alcoholic Beverages, Non-Alcoholic Beverages, Dairy and Dairy Alternatives, Coffee and Tea, Others)}
- Beverage Caps & Closures Manufacturers Profiles/Analysis
- Beverage Caps & Closures Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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