Global Crown Closures Market Size study, by Material (Aluminium, Steel) by Diameter (26 mm, 29 mm) by end use industries (Beer, Carbonated Soft Drinks, Food, Others) and Regional Forecasts 2022-2028

Global Crown Closures Market Size study, by Material (Aluminium, Steel) by Diameter (26 mm, 29 mm) by end use industries (Beer, Carbonated Soft Drinks, Food, Others) and Regional Forecasts 2022-2028

Global Crown Closures Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Crown Closures refers to metal cap widely used in beverages industry for seal opening of bottles. Crown closures are largely used in nonalcoholic beverages like beer etc. Growing nonalcoholic beverages industry and rising demand for anti-contaminated closures are key drivers for the growth of Crown Closures market. For instance, according to global database management company Statista- as of 2022, revenue in the Alcoholic Drinks market is estimated at USD 1.6 trillion as per projections the market is expected to grow annually by 6.78% from 2022 to 2025 and would reach to USD 1.95 trillion. Also, with growing food and beverages industry in emerging economies and rising disposable income in developing regions, the adoption & demand for Crown Closures is likely to increase the market growth during the forecast period. However, global supply chain disruption due to pandemic restrictions and stringent government regulations over plastic use impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Crown Closures market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and increasing consumption of alcoholic beverages in the region. Whereas Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing beverages industry in the region would create lucrative growth prospects for the Crown Closures market across Asia-Pacific region.

Major market player included in this report are:
Astir Vitogiannis,
Avon Crown caps & Containers,
AMD Industries,
Continental Crowns and Closures,
Crown Holdings,
Crown Seal,
Finn-Korkki,
Manaksia Industry,
Nippon Closures,
Oricon Enterprises,
Pelliconi & Co

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material:
Aluminium
Steel
By Diameter:
26 mm
29 mm
By End Use Industries:
Beer
Carbonated Soft Drinks
Food
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Crown Closures Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Astir Vitogiannis,
Avon Crown caps & Containers,
AMD Industries,
Continental Crowns and Closures,
Crown Holdings,
Crown Seal,
Finn-Korkki,
Manaksia Industry,
Nippon Closures,
Oricon Enterprises,
Pelliconi & Co

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