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Aluminum Cap & Closure Trends and Forecast
The future of the global aluminum cap & closure market looks promising with opportunities in the beverage, pharmaceutical, food, and home & personal care markets. The global aluminum cap & closure market is expected to reach an estimated $7.76 billion by 2030 with a CAGR of 3.7% from 2024 to 2030. The major drivers for this market are rising demand for convenience food, increasing concerns about product safety and security, and surging need of product differentiation and establishing a distinct brand identity.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Aluminum Cap & Closure by Segment
The study includes a forecast for the global aluminum cap & closure by product type, end use, and region.
Aluminum Cap & Closure Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Roll-on-Pilfer-Proof
• Easy Open Ends
• Non-Refillable Closures
• Others
Aluminum Cap & Closure Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Beverage
• Pharmaceutical
• Food
• Home & Personal Care
• Others
Aluminum Cap & Closure Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Aluminum Cap & Closure Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aluminum cap & closure companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aluminum cap & closure companies profiled in this report include-
• Crown Holdings
• Silgan Holdings
• Amcor
• Guala Closure
• Alcopack
• Herti JSC
• Torrent Closures
Aluminum Cap & Closure Market Insights
Lucintel forecasts that roll-on pilfer-proof is expected to witness the highest growth over the forecast period as it is ffordable, compatible with contents, and easy to open.
Within this market, pharmaceutical will remain the largest segment due to growing need of packaging healthcare products so as to protect the content from air, dust, and moisture.
APAC will remain the largest region over the forecast period due to growth in population, rising industrial activities, and urban development in the region.
Features of the Global Aluminum Cap & Closure Market
Market Size Estimates: Aluminum cap & closure market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Aluminum cap & closure market size by product type, end use, and region in terms of value ($B).
Regional Analysis: Aluminum cap & closure market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, end uses, and regions for the aluminum cap & closure market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aluminum cap & closure market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the aluminum cap & closure market size?
Answer: The global aluminum cap & closure market is expected to reach an estimated $7.76 billion by 2030.
Q2. What is the growth forecast for aluminum cap & closure market?
Answer: The global aluminum cap & closure market is expected to grow with a CAGR of 3.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the aluminum cap & closure market?
Answer: The major drivers for this market are rising demand for convenience food, increasing concerns about product safety and security, and surging need of product differentiation and establishing a distinct brand identity.
Q4. What are the major segments for aluminum cap & closure market?
Answer: The future of the aluminum cap & closure market looks promising with opportunities in the beverage, pharmaceutical, food, and home & personal care markets.
Q5. Who are the key aluminum cap & closure market companies?
Answer: Some of the key aluminum cap & closure companies are as follows:
• Crown Holdings
• Silgan Holdings
• Amcor
• Guala Closure
• Alcopack
• Herti JSC
• Torrent Closures
Q6. Which aluminum cap & closure market segment will be the largest in future?
Answer: Lucintel forecasts that roll-on pilfer-proof is expected to witness the highest growth over the forecast period as it is ffordable, compatible with contents, and easy to open.
Q7. In aluminum cap & closure market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to growth in population, rising industrial activities, and urban development in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the aluminum cap & closure market by product type (roll-on-pilfer-proof, easy open ends, non-refillable closures, and others), end use (beverage, pharmaceutical, food, home & personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Aluminum Cap & Closure Market, Aluminum Cap & Closure Market Size, Aluminum Cap & Closure Market Growth, Aluminum Cap & Closure Market Analysis, Aluminum Cap & Closure Market Report, Aluminum Cap & Closure Market Share, Aluminum Cap & Closure Market Trends, Aluminum Cap & Closure Market Forecast, Aluminum Cap & Closure Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Aluminum Cap & Closure Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Aluminum Cap & Closure Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Aluminum Cap & Closure Market by Product Type
3.3.1: Roll-On-Pilfer-Proof
3.3.2: Easy open ends
3.3.3: Non-refillable closures
3.3.4: Others
3.4: Global Aluminum Cap & Closure Market by End Use
3.4.1: Beverage
3.4.2: Pharmaceutical
3.4.3: Food
3.4.4: Home & Personal Care
3.4.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Aluminum Cap & Closure Market by Region
4.2: North American Aluminum Cap & Closure Market
4.2.2: North American Aluminum Cap & Closure Market by End Use: Beverage, Pharmaceutical, Food, Home & Personal Care, and Others
4.3: European Aluminum Cap & Closure Market
4.3.1: European Aluminum Cap & Closure Market by Product Type: Roll-On-Pilfer-Proof, Easy open ends, Non-refillable closures, and Others
4.3.2: European Aluminum Cap & Closure Market by End Use: Beverage, Pharmaceutical, Food, Home & Personal Care, and Others
4.4: APAC Aluminum Cap & Closure Market
4.4.1: APAC Aluminum Cap & Closure Market by Product Type: Roll-On-Pilfer-Proof, Easy open ends, Non-refillable closures, and Others
4.4.2: APAC Aluminum Cap & Closure Market by End Use: Beverage, Pharmaceutical, Food, Home & Personal Care, and Others
4.5: ROW Aluminum Cap & Closure Market
4.5.1: ROW Aluminum Cap & Closure Market by Product Type: Roll-On-Pilfer-Proof, Easy open ends, Non-refillable closures, and Others
4.5.2: ROW Aluminum Cap & Closure Market by End Use: Beverage, Pharmaceutical, Food, Home & Personal Care, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Aluminum Cap & Closure Market by Product Type
6.1.2: Growth Opportunities for the Global Aluminum Cap & Closure Market by End Use
6.1.3: Growth Opportunities for the Global Aluminum Cap & Closure Market by Region
6.2: Emerging Trends in the Global Aluminum Cap & Closure Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Aluminum Cap & Closure Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Aluminum Cap & Closure Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Crown Holdings
7.2: Silgan Holdings
7.3: Amcor
7.4: Guala Closure
7.5: Alcopack
7.6: Herti JSC
7.7: Torrent Closures
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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