Dublin, Jan. 06, 2022 (GLOBE NEWSWIRE) -- The "U.S. Caps Market Outlook 2028" report has been added to ResearchAndMarkets.com's offering.
The United States caps market is projected to grow with a CAGR of 4.4% during the forecast period, i.e., 2020-2028.
Factors such as the increasing investments by organizations for the development of advanced caps and closures, introduction of several new caps and closures that helps companies to enhance their credibility and brand value, followed by the rising demand for caps and closures from the end-user industries are anticipated to promote the market growth.
Additionally, factors such as the increasing consumption of packaged food & beverages in the United States, which is also raising the need for caps and closures amongst the manufacturers of the food and beverages, coupled with the rising innovation in caps and closure technologies, backed by the increasing need for innovative packaging solutions for packaging products such as on-the-go food products or liquid breakfast products, are anticipated to drive the market growth.
The type segment is further divided into child resistant closures, dispensing caps, liquid cartoon closures, plastic lotion pumps, screw & lug cans, cap ends, crown caps, corks, glass stopper, rubber stoppers, and others, out of which, the screw & lug cans segment is anticipated to grab the largest market share of around 37% by 2028, backed by the rising penetration of lug cans in the food and beverages sector in the United States. The market is also segmented by end-user into cosmetics & toiletries, food industry, healthcare, chemicals, automotive, beverages industry, and others.
Out of these segments, the beverages industry segment is anticipated to grow with a CAGR of around 4% during the forecast period owing to the rising consumption of bottled beverages in the nation. With the increasing population in the United States, there is growing demand for premium drinks and bottled water, which is contributing to the growing consumption of bottled beverages in the country.
Some of the affluent leaders in the United States cap market are
- United Caps Luxembourg S.A.
- Silgan Holdings Inc.
- BERICAP SC LLC (BERICAP Holding GmbH)
- Closure Systems International
- Berry Global Inc.
- Crown Holdings Inc.
- Enercon Industries Corporation
- CL Smith
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Analysis of Market Dynamics
4.1. Drivers
4.2. Restraints/Challenges
4.3. Opportunities
4.4. Trends
4.5. Risk Analysis
5. Value Chain Analysis
6. End User Analysis
7. Manufacturing Analysis
8. Impact of COVID-19 on the U.S. Caps Market
9. Price Trend Analysis
10. Buyer's Outlook
11. Product Portfolio Comparative Analysis
12. U.S. Caps Market Outlook
12.1. Market Size and forecast, 2019-2028F
12.1.1. By Value (USD Million)
12.1.2. By Volume (Million Units)
12.2. Market Segmentation
12.2.1. By Material
12.2.1.1. Plastic, 2019-2028F
12.2.1.2. Metal, 2019-2028F
12.2.1.3. Glass, 2019-2028f
12.2.1.4. Wood, 2019-2028F
12.2.1.5. Rubber & Elastomers, 2019-2028F
12.2.2. By Size
12.2.3. By Type
12.2.3.1. Child Resistant Closures, 2019-2028F
12.2.3.2. Dispensing Caps, 2019-2028F
12.2.3.3. Liquid Cartoon Closures, 2019-2028F
12.2.3.4. Plastic Lotion Pumps, 2019-2028F
12.2.3.5. Screw & Lug Cans, 2019-2028F
12.2.3.6. Cap Ends, 2019-2028F
12.2.3.7. Crown Caps, 2019-2028F
12.2.3.8. Corks, 2019-2028F
12.2.3.9. Glass Stoppers, 2019-2028F
12.2.3.10. Rubber Stoppers, 2019-2028F
12.2.4. By End Use
12.2.4.1. Cosmetics & Toiletries, 2019-2028F
12.2.4.2. Food Industry, 2019-2028F
12.2.4.3. Healthcare Industry, 2019-2028F
12.2.4.4. Nutritional, 2019-2028F
12.2.4.5. Pharmaceuticals, 2019-2028F
12.2.4.6. Chemicals Industry, 2019-2028F
12.2.4.7. Automotive Industry, 2019-2028F
12.2.4.8. Beverages Industry, 2019-2028F
12.2.4.9. Alcoholic, 2019-2028F
12.2.4.10. Non-Alcoholic, 2019-2028F
12.3. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/r/z9pqgh
