Abstract
World demand to rise 4.7% annually through 2011
Global demand for caps and closures is forecast to expand 4.7 percent per year
through 2011 to $32 billion, representing 1.4 trillion units. Accelerating
economic growth and rising personal incomes will support development of the
various consumer nondurable goods markets, especially in the world' s emerging
economies, with closures and other packaging materials among the primary
beneficiaries. Cap and closure sales will also benefit from their increased
use in conjunction with traditionally closureless packaging media such as
gabletop and aseptic drink cartons and plastic pouches, although inroads by
metal drink cans, flexible packaging and multiserving plastic bottles will
limit potential gains. Sales revenues will be fueled by a shift in the product
mix in favor of value-added closure types that provide increased product
safety, user convenience and/or shelf appeal. Examples include tamperevident,
child-resistant and dispensing caps and closures.
Plastic to continue gains over metal, cork closures
Plastic closures will continue to supplant traditional metal and
(increasingly) cork types, supported by technological advances and the ongoing
shift from glass to plastic and paperboard in consumer packaging applications
such as soft drinks and pharmaceuticals. New applications for plastic closures
continue to emerge as well, ranging from beer and wine to hot-fill foods such
as pickles and sauces.
Study coverage
It presents historical demand data (1996, 2001, 2006) and forecasts for 2011
and 2016 by cap and closure material, market, world region and for 17
countries. The study also evaluates market share and profiles 39 leading
industry competitors.
View Cart
