Market Research Logo

Caps and Closures Market in North America 2016-2020

Caps and Closures Market in North America 2016-2020

About Caps and Closures

Caps and closures are essential elements in the overall packaging of products, enhancing both the aesthetics and functionality of the products. They protect packaged products such as food and beverages from spoilage, dust, pollutants, and evaporation. They keep the contents fresh and make handling convenient. Today, caps and closures are also used for product differentiation and brand building. They are generally made of metal, plastic, rubber, or combinations of these materials. Some types of caps and closures are threaded caps, hinged caps, roll-on closures, twist-off closures, stoppers, corks, dispensing closures, lug caps, canning lids, and wine and spirit closures.

Technavio’s analysts forecast the caps and closures market in North America to grow at a CAGR of 4.49% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the caps and closures market in North America for 2016-2020. To calculate the market size, the report considers the revenue generated by caps and closures vendors in North America.

The market is divided into the following segments based on end-user:

  • Beverage industry
  • Food industry
  • Other industries
  • Personal care industry
Technavio's report, Caps and Closures Market in North America 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Amcor
  • Bericap
  • Berry Plastics
  • Crown Holdings
Other prominent vendors
  • Albéa
  • Alpla Werke
  • Aptar
  • Borealis
  • Global Closure Systems
  • Guala Closures
  • Meadwestvaco
  • Pelliconi
  • Rexam
  • Reynolds
  • Rieke Packaging Systems
  • RPC
  • Silgan Holdings
Market driver
  • Demand for child-resistant and tamper-evident closures
  • For a full, detailed list, view our report
Market challenge
  • Low degree of differentiation in metal closures and volatile raw material price
  • For a full, detailed list, view our report
Market trend
  • Increasing focus on light weight products
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Caps and Closures Market in North America 2016-2020

Technavio recognizes the following companies as the key players in the caps and closures market in North America: Amcor, Bericap, Berry Plastics, and Crown Holdings.

Other Prominent Vendors in the market are: Albéa, Alpla Werke, Aptar, Borealis, Global Closure Systems, Guala Closures, Meadwestvaco, Pelliconi, Rexam, Reynolds, Rieke Packaging Systems, RPC, and Silgan Holdings.

Commenting on the report, an analyst from Technavio’s team said: “Globally, the US is the largest wine consuming country, having held a share of 13% of the wine market in 2015. Consequently, the US also accounts for the largest share of the wine caps and closures market. A key trend for market growth that can be seen in this market is the growing preference for synthetic corks and screw caps over natural corks. In 2015, natural cork accounted for a share of 68% of the wine closures market, which is much less than its share of 92% in 2005, while screw caps accounted for around 15% of the wine closures market in 2015. The main reason behind the decline in the market share of natural cork is the high taint rate of wine bottles with natural corks and the advent of synthetic corks and screw caps that act as perfect substitutes for natural corks. It is estimated that 2%-6% of wine bottles using natural corks get tainted, while synthetic corks and screw caps have negligible taint rates and are cheaper. As a result, the use of screw caps in the wine industry is expected to grow at a rate of above 10% in North America during the forecast period.”

According to the report, demand for child-resistant and tamper-evident caps and closures will be the key driver as these features are turning out to be basic requirements in the caps and closure market. People consider these features before buying because of safety and convenience.

Further, the report states that packaging products without caps and closures have few advantages such as consumer convenience, less cost, and low weight. The demand for such packaging is expected to increase further during the forecast period, thus hindering demand for caps and closures. This factor will be a challenge for the market. The volume of stand-up pouches is expected to reach 26 billion units in the US by 2020.

Companies Mentioned

Amcor, Bericap, Berry Plastics, Crown Holdings, Albéa, Alpla Werke, Aptar, Borealis, Global Closure Systems, Guala Closures, Meadwestvaco, Pelliconi, Rexam, Reynolds, Rieke Packaging Systems, RPC, Silgan Holdings.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Focus area in caps and closures manufacturing
  • Market landscape
    • Market size and forecast
      • Table Share of North America in global caps and closures market
      • Table Caps and closures market in North America 2015-2020 ($ billions)
      • Table Challenges in packaging industry
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-users
    • Segmentation of caps and closures market in North America by end-user
      • Table Caps and closures market in North America: Growth rate by end user 2015-2020
      • Table Caps and closures market in North America percentage share by end users 2015-2020 (% share by revenue)
    • Caps and closures market in North America by beverages industry
      • Table Caps and closures market in North America by beverages industry 2015-2020 ($ billions)
    • Caps and closures market in North America by food industry
      • Table Caps and closures market in North America by food industry 2015-2020 ($ billions)
    • Caps and closures market in North America by personal care industry
      • Table Caps and closures market in North America by personal care industry 2015-2020 ($ millions)
      • Table Comparison of retail sector growth: North America, world, and APAC (% sales volume)
    • Caps and closures market in North America by other industries
      • Table Caps and closures market in North America by other industries 2015-2020 ($ billions)
  • Market segmentation by raw material
    • Segmentation of caps and closures market in North America by use of raw materials
      • Table CAGR comparison of various raw materials during forecast period
      • Table Global caps and closures market in North America by raw material 2015-2020 (% share)
    • Plastic caps and closures market in North America
      • Table Share of plastics used in plastic caps and closures market 2015 (% revenue)
      • Table Plastic caps and closures market 2015-2020 ($ billions)
    • Metal caps and closures market in North America
      • Table Metal caps and closures market 2015-2020 ($ billions)
    • Rubber or cork caps and closures market in North America
      • Table Rubber or cork caps and closures market 2015-2020 ($ billions)
  • Key leading countries
    • Table Market share by geography 2015 (% revenue)
    • Table US GDP growth rate
  • Market drivers
    • Table Types of tamper evident closures
    • Table Effects of attractive packaging
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Crude oil price March 2014-May 2016 ($)
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Comparison between natural cork and screw caps used in wines
  • Vendor landscape
    • Competitive scenario
    • Amcor
      • Table Amcor: Business segmentation by revenue 2015
      • Table Amcor: Geographical segmentation by revenue 2015
    • Bericap
      • Table Bericap: Product categories
    • Berry Plastics
      • Table Berry Plastics: Business segmentation by revenue 2015
    • Crown Holdings
      • Table Crown Holdings: Business segmentation by revenue 2015
      • Table Crown Holdings: Segmentation by product revenue 2015
      • Table Crown Holdings: Geographical segmentation by revenue 2015
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report