The metal caps and closures market has the potential to grow by USD 2.09 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 3.82%.

This metal caps and closures market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (food and beverage, pharmaceuticals, personal care, and others) and geography (APAC, Europe, North America, South America, and MEA). The metal caps and closures market report also offers information on several market vendors, including Amcor Plc, BERICAP Holding GmbH, Berlin Packaging LLC, Closure Systems International Inc., Crown Holdings Inc., Guala Closures SpA, O.Berk, Pelliconi and C SpA, Silgan Holdings Inc., and SKS Bottle and Packaging Inc. among others.

What will the Metal Caps and Closures Market Size be in 2021?

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Metal Caps and Closures Market: Key Drivers and Trends

The demand for improved packaging designs is notably driving the metal caps and closures market growth, although factors such as increased adoption of plastic by the beverage industry may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the metal caps and closures industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

This metal caps and closures market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Metal Caps and Closures Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Amcor Plc
• BERICAP Holding GmbH
• Berlin Packaging LLC
• Closure Systems International Inc.
• Crown Holdings Inc.
• Guala Closures SpA
• O.Berk
• Pelliconi and C SpA
• Silgan Holdings Inc.
• SKS Bottle and Packaging Inc.

This statistical study of the metal caps and closures market encompasses successful business strategies deployed by the key vendors. The metal caps and closures market is fragmented and the vendors are deploying growth strategies such as pricing and cost-efficient production strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The metal caps and closures market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Metal Caps and Closures Market?

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41% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for metal caps and closures in APAC. Market growth in this region will be faster than the growth of the market in other regions.

With changing lifestyles and rapid urbanization, food product manufacturers are witnessing a shift in the food habits of consumers. With more consumers inclining toward packaged and fresh food and beverages, manufacturers are adopting packaging solutions with enhanced aesthetic appeal and convenience and thereby driving the caps and closures market growth. This will facilitate the metal caps and closures market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating End-user Segments in the Metal Caps and Closures Market?

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The metal caps and closures market share growth by the food and beverages segment will be significant during the forecast period. This segment is growing at a substantial rate because of the rapid rise in the demand for health drinks, sports and energy drinks, juices, and alcohol drinks. The rise in the demand for food in APAC, owing to the increase in population, is expected to drive the demand for packaged foods in countries such as India and China. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the metal caps and closures market size and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Factors Covered in this Metal Caps and Closures Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive metal caps and closures market growth during the next five years
• Precise estimation of the metal caps and closures market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the metal caps and closures industry across APAC, Europe, North America, South America, and MEA
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of metal caps and closures market vendors

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