US Caps & Closures Market Size, Share & Forecast to 2020-2026

Posted October 13, 2020 by rishabh3210

US Caps & Closures Market Size, Share & Forecast to 2020-2026US Caps & Closures Market Size, Share & Forecast to 2020-2026

US metal caps & closures market is projected to grow owing to the increased demand for sustainable packaging solutions from the food and beverage industry. Food and beverage packaging is an important service that enables to preserve food quality, reduce food wastage, and preservatives used in food. The packaging enables to prevent food from physical and chemical damage and act as an important medium to provide information to the consumers and marketers. Thus, owing to this, there is substantial demand for advanced packaging options, which drives the growth of the market over the forecast period.

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The US metal caps & closures market is segmented into the type and applications. Based on the type, the market is segmented into steel caps & closures, tin plate caps & closures, aluminum caps & closures, and others. Based on the application, the market is segmented into food & beverages, pharmaceuticals, cosmetics & personal care, chemicals & paints, and others. The food & beverage industry to hold a considerable share in the market while the cosmetics & personal care industry to exhibit significant growth during the forecast period.

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Further, Amcor Plc, CL Smith Co., Crown Holdings Inc., Sonoco Products Co., and WestRock Co. are some of the prominent players operating in the US metal caps & closures market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.

Market Segmentation

US Metal Caps & Closures Market by Type

Tin Plate

US Metal Caps & Closures Market by Application

Food &Beverages
Cosmetics & Personal Care
Chemicals & Paints

Company Profiles

Amcor Plc
Amcor Plc in the US
Amcor Plc in Metal Caps & Closure Landscape
Recent Developments
Berry Global Inc
CL Smith Co.

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Tags us caps closures market size , share forecast to 20202026
Last Updated October 13, 2020