Global Metal Caps & Closures Market Report

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.

For instance, Guala Closures Group, one of the key companies, has recently announced the launch of N●STGATE ™, which is its complete range of connected caps. The N●STGATE range consists of seven caps for wine, spirits, and olive oil. It has an elegant design with a wide range of options, including anti-filling closure and wood and cork stopper with aluminum or resin coating.

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.

Growing demand for bottled water and beverages is increasing the usage of metal caps and closures in North America. Growing preference for canned and bottled alcoholic beverages among the young population, particularly in developing countries like India and China, could support the Metal Caps & Closures market growth in Asia Pacific. Demand for packaged food products is also expected to rise in this region in the coming years.

The chemicals and materials sector has been witnessing an exponential rise in the past few years. The industrial boom and infrastructural growth across the globe has had a positive impact on the chemical and materials industry. Chemicals are an integral part of many industries, which, over the years, have created lucrative opportunities for players. Similarly, materials are an indispensable part of myriad industries. The rise of the chemicals and materials sector has been mapped by QYR Consulting through exhaustive research reports.

Analysts have used investigative approach to deduce important elements pertinent to the industry. The reports are aimed towards giving the reader a holistic approach about the industry’s development and future scenario. Competitive landscapes have been written with in-depth analysis of the historical data and careful understanding of the management styles. QYR Consulting aims to provide the readers a guided approach towards making well-informed business decisions through its research reports.