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Cover caps are applied on the containers which are used for packaging of liquid items. Cover caps are mainly used for packaging of liquid food items, chemicals, cosmetics, medicines, lubricants, etc. which need good leak proof packaging. Most of the rigid packaging products need cover caps for packaging which would increase the shelf life of the product or even provide barrier protection against external components. All these advantages are positively impacting and growing the market for cover caps over the forecast period 2017-2027.
Global Cover Caps – Market Dynamics:
The market for cover caps is gaining traction in recent few years and is expected to grow significantly due to various factors such as leak proof protection and preference for air tight packaging of liquid products and beverages.
The ability of cover caps fitting in various packaging products such as bottles, jars, pouches, tubes, etc. are subsequently growing the market for cover caps. In addition, some of the cover caps also are tamper evident which would help in avoiding counterfeiting of medicines and cosmetics.
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Furthermore, nowadays consumers are interested in paying more for packaging and increasing the aesthetic nature of the product. Such type of value added features are increasing the scope for cover caps market. Moreover, disposing of caps manufactured from rubber and plastic is a major restraint which is negatively impacting the growth of cover caps market.
Global Cover Caps Market – Regional Overview:
The global cover caps market can be divided into seven major regions which are as follows –
- North America
- Asia-Pacific excluding Japan
- Western Europe
- Latin America
- Middle East & Africa
- Eastern Europe
- Japan
North America is expected to be a supreme leader for cover caps packaging market over the forecast period, 2017-2025. Europe is to be the second most dominant market for cover caps packaging.
Asia Pacific region is expected to witness the highest CAGR over the forecast period for global cover caps packaging market due to increasing preference for aesthetic and convenient packaging in this region. Latin America and Middle East & Africa are anticipated to witness above average growth over the forecast period for the cover caps packaging market.
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Global Cover Caps Market – Key players:
Few of the key players in the cover caps market are Nippon Closures Co., Ltd., Closure Systems International, Inc., Banbury Plastic Fittings Limited, Techmarkets, LLC, Mold-Rite Plastics, LLC, Caplugs LLC, MJS Packaging Inc, Harman Corp., Zacros America, Inc, etc.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The global cover caps market can be segmented by the raw material type, by packaging type, by technology type, and by the end use type.
On the basis of raw material type, the global cover caps market is segmented into
- Plastic
- Polyethylene (PE)
- Polypropylene (PP)
- Polyethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Polystyrene (PS)
- Polyoxymethylene (POM)
- Others
- Rubber
On the basis of packaging type, the global cover caps market is segmented into –
- Bottles
- Pouches
- Tubes
- Ampoules
- Others
On the basis of technology type, the global cover caps market is segmented into –
- Extrusion
- Injection Molding
On the basis of end use type, the global cover caps market is segmented into –
- Food & Beverage
- Cosmetics & Personal Care
- Chemicals & Lubricants
- Pharmaceuticals
- Others
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.