According to the latest report by IMARC Group, titled “Latin America Plastic Caps and Closure Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the Latin America plastic caps and closure market is expected to exhibit a CAGR of 4.2% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Plastic caps and closures are packaging components used for protecting the contents from dust, spills, contamination and evaporation. Some commonly used product variants include screw-on and dispensing caps, double-wall, twist-on and child-resistant closures. They are manufactured using glass and plastic-based materials and are available in a wide variety of shapes, sizes and designs and can be customized as per the requirements of the users. As a result, they find extensive applications across various industries, such as food and beverage, chemical, cosmetic and pharmaceutical.
The Latin America plastic caps and closure market is primarily being driven by significant growth in the food and beverage industry. Plastic caps and closures are widely used for sealing ready-to-drink (RTD) beverages and enhancing the shelf life of packaged food products. Moreover, the increasing demand for bottled drinking water is favoring the market growth. Plastic caps and closures aid in preventing contamination and exposure to harmful pollutants. Other factors, including the manufacturing of air-tight, tamperproof, flexible and customized plastic caps and closures, along with the increasing utilization of eco-friendly product variants, are creating a positive outlook for the market across the region.
Latin America Plastic Caps and Closure Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the latin america plastic caps and closure market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the latin america plastic caps and closure market on the basis of product type, raw material, container type, technology, end use and country.
Breakup by Product Type:
- Screw-On Caps
- Dispensing Caps
- Others
Breakup by Raw Material:
- PET
- PP
- HDPE
- LDPE
- Others
Breakup by Container Type:
- Plastic
- Glass
- Others
Breakup by Technology:
- Injection Molding
- Compression Molding
- Post-Mold Tamper-Evident Band
Breakup by End Use:
- Beverages
- Industrial Chemicals
- Food
- Cosmetics
- Household Chemicals
- Pharmaceuticals
- Others
Breakup by Country:
- Brazil
- Mexico
- Argentina
- Columbia
- Chile
- Peru
- Others
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/latin-america-plastic-caps-closure-market
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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