According to the latest report by IMARC Group, titled “United States Plastic Caps and Closure Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2020-2025”, the United States plastic caps and closure market is currently witnessing moderate growth and is expected to continue its moderate growth during the forecast period (2020-2025).
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 closure refer to the sealants used as final components of the packaging process. They are widely used to protect products from contamination, spoilage, and other environmental factors. Plastic caps and closure are durable, non-corrosive, lightweight, economical, versatile, resistant to high temperatures, etc. They help in maintaining integrity and improving the aesthetics and functionality of products. Plastic caps and closure find extensive applications across several industries, including cosmetics, chemicals, pharmaceuticals, food and beverage (F&B), etc.
The rising demand for non-carbonated beverages, alcoholic drinks, and packaged water, is driving the plastic caps and closure market across the U.S. Furthermore, the growing utilization of plastic caps and closure in numerous household goods, such as toilet cleaners, bleaches, insect repellents, etc., to extend their shelf life is contributing to the market growth. In addition to this, with increasing environmental concerns, numerous manufacturers are adopting bioplastics to produce caps and closures, which represents another growth-inducing factor. Besides this, they are also using differentiated products to foster brand recognition, which is further augmenting the growth of the market. Additionally, the escalating need for anti-counterfeiting closure to ensure the security of products is projected to cater to the United States plastic cups and closure market in the coming years.
United States Plastic Caps and Closure Market 2020-2025 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the united states 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 united states plastic caps and closure market on the basis of product type, raw material, container type, technology, end use and region.
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 Region:
- Northeast
- Midwest
- South
- West
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/united-states-plastic-caps-closure-market
Key highlights of the report:
- Market Performance (2014-2019)
- Market Outlook (2020-2025)
- 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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