Crown Caps - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Crown Caps Market is expected to grow at a CAGR of 5.0% during the forecast period. High demand for alcoholic and carbonated drinks and rising introduction of improved packaging designs are the major factors driving the market growth. However, growing popularity of flexible and closure less packaging are hampering the market growth.
Crown caps are disposable caps utilized for packaging in glass bottles. These caps are similar to the Pilfer proof caps, as the utilization of both products is to seal the container in order to prevent leakage of the content stored. These cap has a crown shape and have teeth on its edge to perfectly package the bottle.
Based on the end user, the beverage packaging segment is going to have a lucrative growth during the forecast period due to the widespread consumption of alcoholic and non-alcoholic drinks and the changing lifestyle trends and increasing affordability of beer across the globe. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the high consumption of rigid beverage bottles, changing lifestyles and rising adoption of beer because of consumer preferences.
Some of the key players profiled in the Crown Caps Market include Viscose Closures Ltd., Supertech-Crown Caps, Astir Vitogiannis Bros SA, PELLICONI & C. SPA, Nippon Closures Co. Ltd., Finn-Korkki Oy, Crown Holdings Inc., Avon Crowncaps & Containers, Samhwa Crown & Closure and AMD Industries Inc.
Material Types Covered:
• Steel and Tin
• Without Liner
• With Liner
End Users Covered:
• Beverage Packaging
• Food Packaging
• Cosmetic & Toiletry
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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