The latest market report published by Constancy Researchers “Global Aluminum Caps & Closures Market: Growth, Future Prospects, COVID-19 Impact Analysis, Drivers, Restraints, Trends, Opportunities, Investment Landscape, and Competitive Analysis, 2017 – 2028”
Global Aluminum Caps & Closures Market: Overview
The global aluminum caps & closures market was valued at US$ 6,523.9 Million in 2020 and is estimated to grow at a CAGR of 4.3% during the forecast period. The global aluminum caps & closures market is anticipated to witness lucrative growth in the years to come due to the rising demand for convenience food along with increased demand for packaged food. Furthermore, the increased government laws & regulation along with the increased demand from emerging nations are some other key factors for the growth of the aluminum caps & closures market during the forecast period. Moreover, the increased demand for sustainable packaging solutions across developed and developing economies is one of the key opportunities for the global aluminum caps & closures market over the upcoming years. Besides, the variable raw material cost is one of key factors estimated to hamper the global aluminum caps & closures market growth in the years to come.
Global Aluminum Caps & Closures Market: COVID-19 Impact
The impact of COVID-19 has been considered in the global aluminum caps & closures market report published by Constancy Researchers Private Limited. According to Constancy Researchers Private Limited COVID-19 analysis on the global aluminum caps & closures market, the demand for aluminum caps & closures has decreased due to haltin the manufacturing industry worldwide during the COVID-19 period.
www.constancyresearchers.com/sample-request/
Global Aluminum Caps & Closures Market: Report Highlights
- On the basis of application, in the aluminum caps & closures market, the pharmaceutical category had a major share in the global market in 2020 and is estimated to continue its dominant position during the forecast period.On the other hand, the beverages category is presumed to witness lucrative growth in the years to come.
- Based on the regional analysis, Asia Pacific had a major share in the global aluminum caps & closures market and is estimated to continue its dominant position over the upcoming years. This is majorly due to the growing demand for packaging food in the region along with the rising urbanization & industrialization in the region. Besides, Asia Pacific is estimated to witness high growth over the upcoming years in the global aluminum caps & closures films market.
- Mergers & acquisitions, new product launches, strategic partnerships, and collaborations among key players are estimated to be the key strategies in the global aluminum caps & closures market.
- As per the research by Constancy Researchers Private Limited, the global aluminum caps & closures market is highly fragmented in nature owing to the presence of a large number of players at the global, regional, and country-level.
List of Key Players of Global Aluminum Caps & Closures Market
- Crown Holdings Inc.
- Silgan Holdings
- Amcor PLC
- Guala Closures S.p.A.
- Alcopack Group
- Herti JSC
- Torrent Closures
- Federfin Tech S.r.l
- Osias Berk Company
- ITC Packaging
- Dyzdn Metal Packaging
- Shangyu Sanyou Electro-Chemical Aluminum Products
- Alameda Packaging
- Ema Pharmaceuticals
- Cap & Seal Pvt. Ltd
- G. Finneran Associates
- Alupac India
- Hicap Closures
- Alutop
- Manaksia Limited
- Mjs Packaging
- Integrated Caps
- Global Closure Systems
- Kgs & Co
- Others
Global Aluminum Caps & Closures Market: Segmentation
Constancy Researchers Private Limited has segmented the global aluminum caps & closures market on the basis of product type, type, application and regional analysis-
Global Aluminum Caps & Closures Market: By Product Type
- Roll-On-Pilfer-Proof
- Easy open ends
- Non-refillable closures
- Others
Global Aluminum Caps & Closures Market: By Type
- Screw Caps
- Crown Cork
- Lugs
- East Open End
- Others
Global Aluminum Caps & Closures Market: By Application
- Food
- Beverages
- Pharmaceutical
- Home & Personal Care
- Others
Global Aluminum Caps & Closures Market: By Regional Analysis
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America (LATAM)
- Brazil
- Mexico
- Rest of Latin America (LATAM)
- Middle East & Africa (MEA)
- United Arab Emirates (UAE)
- Saudi Arabia
- Rest of Middle East & Africa (MEA)
