Los Angeles, CA -- (SBWIRE) -- 12/20/2019 -- The packaging industries have used several materials over the past few years, but metals like aluminum and tinplate have gained immense recognition on account of their reliable strength and sustainability. Metal Caps & Closures are considered a smart solution for long-term food storage owing to their high-barrier properties. Metal Caps & Closures find application in the retail, wholesale, commercial, and industrial sectors. They are available in varied shapes and sizes. Manufacturers are likely to lay emphasis on the development of closures with superior grade raw material in order to meet the specific requirements of the end-use industries.
Manufacturers to Take up New Product Development to Gain a Competitive Edge in the Market
The report has profiled the key manufacturers of Metal Caps & Closures including Crown Holdings Inc., Keystone MCF, Reynolds Packaging Group Ltd, Silgan White Cap, Sonoco Products Company, Guala Closures Group, Amcor Ltd, Nippon Closures Co. Ltd, O Berk Company, Manaksia Industry Ltd., Pelliconi & C. SPA, The Cary Company, The Cary Company, Sks Bottle & Packaging Inc., CL Smith Company, and Closure Systems International.
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Need for Effective Packaging Solutions to Stimulate the Metal Caps & Closures Market Growth
Growing need for effective packaging solutions among the end-use industries, particularly food and beverages, to ensure extended shelf life of the products is one of the significant reasons behind the robust growth of the Metal Caps & Closures market. Besides, prominent use of Metal Caps and Closures in pressurized containers and aerosols and perfume spray cans is also acting as a key driver in the Metal Caps & Closures market. Extensive research and development by the manufacturers to develop novel and cost-effective products is likely to have a positive impact on the Metal Caps & Closures market growth.
Market Segmentation
By Material
? Aluminium
? Tin-plated
? Steel
By Type
? Crown
? Screw Caps
? Can-ends
? Others
By End Use
? Food
? Beverages
? Alcoholic Beverages
? Non-Alcoholic Beverages
? Pharmaceutical
? Cosmetics & Personal care
? Chemical
? Others
Use of aluminum may increase in the manufacturing of Metal Caps & Closures as it is the most sustainable materials of all metals and is durable enough to maintain a long shelf life. Crown caps are expected to gain traction among the end users as they are made of special metal and are versatile. As per the market analysts, application of Metal Caps & Closures is projected to witness an upsurge in the food and beverages sector owing to their excellent oxygen barrier, rigidity, and stability. Metal caps also offer striking visual appeal and easy-open convenience to the consumers. Moreover, demand for metal caps is on the rise among the brewing industries.
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