Asia Pacific Plastic Caps and Closure Market Share, Size, Growth, Opportunity and Forecast 2022-2027

Asia Pacific Plastic Caps and Closure Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A2825

Buy Now

Market Overview:

The Asia Pacific plastic caps and closure market size reached US$ 17.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 25.8 Billion by 2027, exhibiting a growth rate (CAGR) of 6.55% during 2022-2027.

Plastic caps and closure protect products from environmental factors, such as dust, pollutants and evaporation. They are versatile, durable, lightweight, resistant against corrosion and can withstand high temperature. They make handling convenient and involve less operational costs than other materials utilized in manufacturing caps and closure. Consequently, they are widely used in the packaging of food and beverages (F&B), pharmaceutical, cosmetics and household products in the Asia Pacific region.

Rapid urbanization, busy lifestyles and inflating disposable incomes are positively influencing the demand for ready-to-drink tea, coffee, juices and sports drinks. This represents one of the key factors bolstering the growth of the caps and closure market in the Asia Pacific region. Moreover, the increasing utilization of plastic caps and closures in the packaging of disinfectants, acids, fuels and lubricants is impelling the market growth. Apart from this, several manufacturers are utilizing plastic caps and closures to introduce differentiated products and enhance their functionality and aesthetics. Furthermore, the escalating demand for hand sanitizers due to the coronavirus disease (COVID-19) outbreak is positively impacting the market growth in the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific plastic caps and closure market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on product type, raw material, container type, technology and end use.

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 Country:

China
Japan
India
South Korea
Australia
Indonesia
Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2021
Historical Period	2016-2021
Forecast Period	2022-2027
Units	US$ Billion
Segment Coverage	Product Type, Raw Material, Container Type, Technology, End Use, Country
Countries Covered	China, Japan, India, South Korea, Australia, Indonesia, Others
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Asia Pacific plastic caps and closure market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Asia Pacific plastic caps and closure market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the raw material?
What is the breakup of the market based on the container type?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the Asia Pacific plastic caps and closure market and who are the key players?
What is the degree of competition in the industry?

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Select Licence Type

Single User License $2699
Five User License $3699
Corporate License $4699

Inquire Before Buying

Speak to an Analyst

Request Brochure

Request Customization

Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Clients Testimonial

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.