Global Capsules & Closures Market Report

Previously, corks, bottle caps, and screw caps were used on the top of the containers by the end-user industries to prevent the liquid from spreading out. Now, Capsules and Closures have emerged as an integral part of the closure choice. They fins application in the packaging of various products including wine, spirits, ready-to-drink, beer and cider, juices, and water. Manufacturers are coming up with varied range of closures and design technologies to help the end-user industries protect their brands and fuel their sales.

Need for Effective Packaging Solutions to Drive the Demand for Capsules and Closures

Increasing awareness regarding product safety and security to drive the demand for effective packaging solutions, Capsules and Closures being one of them. Shift in the preference among the end-user industries from conventional ‘cork’ sealing to convenient Capsules and Closures is driving the market for Capsules & Closures. Due to growing trend of veganism among the population, demand for wines has witnessed a surge, thus positively influencing the growth of Capsules & Closures market. New product development and technological and design advancements are positively influencing the Capsules & Closures market growth.

Market Players to Introduce Novel Capsule Designs in Future

Some of the key market players of the global Capsules & Closures market are Amcor Ltd., Becton, AptarGroup, Inc., Dickinson and Company, Berry Global Group, Inc., Bemis Co. Inc., DS Smith Plc, RPC Group PLC, Tetra Laval, Sonoco Products Co., WestRock Company, and WS Packaging Group, Inc.

Market players are coming up with novel designs of Capsules and Closures to meet the growing needs of the end users. Moreover, certain companies are focusing on developing high-quality Caps & Closures that are environment friendly as well as sustainable. For instance, one of the key companies, Amcor Ltd. has launched EasyPeel capsule design to make wine bottles easier to open. These capsules are made out of aluminum and they are recyclable in nature.

Market Segmentation

By Material

●  Plastics

●  Metals

By Product Type

●  Dispensing

●  Screw-On

●  Liquid Carton

●  Aerosol Sprays

●  Lotion Pumps

●  Roll-On Pilfer-Proof

●  Non-Refillable

●  Easy-Open

●  Crown

●  Corks & Stoppers

By End User

●  Food

●  Beverages

●  Cosmetics & Personal Care

●  Pharmaceutical & Healthcare

●  Homecare

Though plastic is common, usage of metal is likely to witness traction for the manufacturing of Capsules & Closures as it offers rigidity, stability, along with portraying a superior image of the product to the consumers. Also, metal caps ensure longer shelf-life of food and beverage products. Application of Capsules & Closures is likely to increase in the food and beverages sector owing to increasing demand for packaged consumables and need for effective packaging solution.

By Region

Although demand for packaged food products and bottled beverages is high in North America, the market researchers have anticipated that Asia Pacific could create lucrative prospects for the manufacturers of Capsules and Closures. This is attributed to surge in the number of wine consumers and demand for packaged food products. China and India are significantly contributing to the regional market growth.

QYR Consulting uses its core strength to identify the trends that will shape the consumer goods industry in the coming decades. The launch of innumerable innovative products has dramatically changed lifestyles and outlook toward living. Relentless sales of a wide range of consumer goods have opened up growth avenues for several other industries such as electronics, clothing, and food and beverages amongst others. The reports listed below study how the changing economy, improving GDP, and rising purchasing power have created a fertile ground for growth of the consumer goods industry.

QYR Consulting deep dives into the changing patterns of the consumer goods industry that is spread over both developing and developed parts of the world. It estimates the market fluctuations and helps its readers to prepare for ever-changing consumer demands. The reports focus on giving the readers a thorough understanding of the competitive strategies of the companies to make meaningful business decisions.