Global Caps and Closures market 2015-2019

Global Caps and Closures Market 2015-2019

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USA – CANADA – UK – CHINA – INDIA


The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Key Trends

Technavio’s Senior Analyst says, “One of the major factors contributing to the growth of the market is the increase in demand for packaged foods and beverages among consumers. The recovery of the manufacturing industry also presents growth opportunities to the market because of high demand for packaged products that require metal caps and closures. The market shows immense potential to grow rapidly in the future.”

• Caps and closures are essential elements in the overall packaging of products, enhancing both the aesthetics and functionality of the products. They protect packaged products such as foods and beverages from spoilage, dust, pollutants, and evaporation. They keep the contents fresh and make handling convenient.

• Technavio’s analysts forecast the global caps and closures market to grow at a significant pace during 2014-2019, posting a CAGR of 4.07% in terms of volume and 6.35% in terms of revenue.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:



http://www.technavio.com/report/caps-and-closures-market?utm_source=Slideshare&utm_medium=PPT&utm_content=T1&utm_campaign=Report



Vendors

To understand the vendor landscape and for a full list of vendors view our report:


Amcor

Bericap

Berry Plastics

Amcor is an Australian multinational packaging manufacturer. The company offers a broad range of packaging solutions to the healthcare, food and beverage, and tobacco industries.

Bericap was established in 1920 and is headquartered in Budenheim, Germany. The company manufactures caps and closures. Formerly, it was known as Jacob Berg and changed its name to Bericap in 1996. As of 2013, the company had 3,000 employees and generated revenue of $910.04 million.

Berry Plastics was founded in 1967 and is headquartered in Evansville, Indiana, US. It is one of the world's leading manufacturers and suppliers of high-quality, customized, and value-added plastic consumer packaging and engineered materials to the food and beverage, healthcare, and personal care industries.




Market Landscape

• The market is likely to grow at a steady rate in terms during the forecast period, primarily due to an increase in new products offered by vendors.

• Manufacturers of caps and closures are increasingly introducing cost-effective products in new designs.

• Developing countries in APAC, South America, and MEA are expected to experience an increase in the demand for caps and closures as the growing population in these countries is driving demand for packaged products.


Kay Buying Criteria

Parameters Details

Convenience

Caps and closures should be convenient and easy to use.

Content Safety Caps and closures should ensure that the packaged product is safe and does not leak.

Visual AppealProducts need to be visually appealing. Caps and closures should be designed in attractive colors, shapes, and materials.

Product Differentiation

Vendors should provide customized caps and closures in order for consumers to differentiate one product or brand from another.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Global Caps and Closures market 2015-2019