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Global Aluminium Caps and Closures Market was valued US$5.44 Bn in 2019 and is estimated to reach US$XX Bn by 2026 at a CAGR of more than XX % during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Global Aluminium Caps and Closures Market Dynamics:
An increase in the number of bars and restaurants have remarkably headed to the soaring consumption of beer which acts as a driver for the production of metal caps and closures. Growth in demand for convenience, concerns about product safety and security is expected to drive the growth in the global aluminium caps and closures market.
Progression in international trade of food & beverage have high demand for effective packaging solutions like metal caps and closures. Rise in demand for liquid medicines is a key factor, which is leading to the progress of the metal caps and closures market. An increase in usage of child-resistant and tamper evident metal caps and closures has increased vast popularity in the market which has encouraged the key players to produce superior quality metal caps and closures.
Roll-on pilfer-proof caps segment is expected to grow at the highest CAGR during the forecast period. Roll-on pilfer-proof caps are tamper-evident and thus invention many applications in the food & beverage and pharmaceutical industries. They are a reliable option for the packaging of spirits, wine and sparkling beverages. The other benefit related with roll-on pilfer-proof caps is that, they are a cost-effective packaging solution relative to cork and also afford more room for logos, graphics and other design elements.
The Beverage segment is expected to be the fastest-growing end-use sector during the forecast period. Aluminium closures are used in an extensive range in the packaging of alcoholic beverages like wine, vodka and spirits bottles. Aluminium closures contribute the first level of protection against the rise in counterfeiting problems for spirits, premium olive oil and bottled water. The progress of the parent industry are expected to drive the demand for aluminium caps & closures.
Global Aluminium Caps and Closures Market Regional Analysis:
Region-wise, Asia Pacific aluminium caps & closures market is projected to grow at the XX % rate of CAGR during forecast period. Rapid commercialization, increase in demand for packaged goods, the economic conditions, government budgets, the number of standards in building codes, positive demographic outlook, growth in population & increase in per capita income are some of the prominent factors behind the growth of the global aluminium caps and closures market.
The objective of the report is to present a comprehensive analysis of Global Aluminium Caps and Closures Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Aluminium Caps and Closures Market dynamics, structure by analysing the market segments and project the Global Aluminium Caps and Closures Market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Aluminium Caps and Closures Market make the report investor’s guide.
Global Aluminium Caps and Closures Market, Key Highlights:
• Global Aluminium Caps and Closures Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Aluminium Caps and Closures Market
• Global Aluminium Caps and Closures Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Aluminium Caps and Closures Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Aluminium Caps and Closures Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Aluminium Caps and Closures Market are also profiled.
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Scope of the Global Aluminium Caps and Closures Market: Inquire before buying
by Product Type:
• Roll-on pilfer-proof Caps
• Easy-open Can Ends
• Non-refillable Closures
by Application:
• Oral Solid
• Oral Liquid
• Parenteral
• Lotion
• Ophthalmic drugs
• Others
by End Use:
• Beverages
• Food
• Home & personal Care
• Pharmaceutical
by Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Global Aluminium Caps and Closures Market Key Players
• Crown Holding
• Silgan Holdings
• Amcor
• Guala Closures
• Closure Systems International
• Alcopack Group
• Herti JSC
• Torrent Closures
• Cap & Seal Pvt. Ltd
• Federfin Tech S.R.L
• Coral Products
• O.Berk Company, LLC
• United Caps
• Caps & Closures Pty Ltd
• Caprite Australia Pty. Ltd
• Pano Cap
• Aluminum Closures Limited
• Torrent Closures
• RPC Group
• Integrated Caps
• Phoenix Closures
• Silgan Holdings Inc.,
This Report Is Submitted By : Maximize Market Research Company
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Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
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