Aluminium Caps and Closures Market Introduction
Aluminium caps and closures have been in demand for decades especially across beverages industry owing to various benefits such as customized size, design, and enhanced printing quality it offers. However, with the introduction of caps and closures produced using plastics and glass is posing a challenge to manufacturers offering aluminium caps & closures. Still, caps and closures made of aluminium are able to survive competition owing to continuous usage of the same across beverages and pharmaceutical industries especially in countries such as China, India, Brazil, and African countries.
Rising concerns of end user companies operating in food, beverages, and pharmaceuticals companies for enhanced product safety and security is increasing the demand for caps and closures made of aluminium. This, in turn, is driving the growth of the global aluminium caps and closures market. Additionally, changing consumer buying habits and preferences for user-friendly convenience packaging products is encouraging companies to invest in packaging solutions that offer enhanced functionality. Other factors such as reduction in pack sizes and availability of a variety of caps and closures are projected to boost the global aluminium caps and closures market growth during the forecast period. In contrast, the presence of caps and closures made of other materials that are cost-effective is expected to have a negative impact on the global aluminium caps and closures market size to some extent.
Key segments analysed in the global aluminium caps and closures market are packaging products, end user verticals, and geographies. By packaging products, the aluminium caps and closures market is segmented into roll-on pilfer-proof caps, non-refillable, easy-open can ends, spout closures, and others (peel-off foils and closure strips). Based on end user the global aluminium caps and closures market has been classified into food, beverages, pharmaceuticals, personal care, home care, and other industries. Key geographies studied in the global aluminium caps and closures industry report are Asia Pacific, North America, Latin America, Western Europe, Eastern Europe, Latin America, and Middle East & Africa. Among these regions, Asia Pacific is one of the largest regional markets for aluminium caps and closures manufacturers. The major demand for such packaging products is coming from emerging countries such as India and China.
Aluminium Caps and Closures Market Competitive Landscape
Key players operating in the global aluminium caps and closures market are Crown Holdings, Silgan Holdings, Amcor, Guala Closures, Closure Systems International, Alcopack Group, Herti JSC, Torrent Closures, Cap & Seal Pvt. Ltd., and Federfin Tech S.R.L. Other leading players identified in the market are Osias Berk Company, Alameda Packaging, Shangyu Sanyou Electro-Chemical Aluminum Products, and J.G. Finneran Associates. The global aluminium caps and closures industry is fragmented in nature and characterized by the presence of a large number of players. Key players focus on maintaining long term relationship with the existing client by offering cost-effective and quality packaging solutions.
Major Regions/Countries include:
- Western Europe
- United Kingdom
- Rest of Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific (APAC)
- Rest of Asia-Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa (MEA)
- North Africa
- South Africa
- Rest of MEA
This research report on aluminium caps and closures market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.