Asia Pacific Plastic Caps and Closure Market Report by Product Type (Screw-On Caps, Dispensing Caps, and Others), Raw Material (PET, PP, HDPE, LDPE, and Others), Container Type (Plastic, Glass, and Others), Technology (Injection Molding, Compression Molding, Post-Mold Tamper-Evident Band), End Use (Beverages, Industrial Chemicals, Food, Cosmetics, Household Chemicals, Pharmaceuticals, and Others), and Country 2024-2032

Asia Pacific Plastic Caps and Closure Market Report by Product Type (Screw-On Caps, Dispensing Caps, and Others), Raw Material (PET, PP, HDPE, LDPE, and Others), Container Type (Plastic, Glass, and Others), Technology (Injection Molding, Compression Molding, Post-Mold Tamper-Evident Band), End Use (Beverages, Industrial Chemicals, Food, Cosmetics, Household Chemicals, Pharmaceuticals, and Others), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A2825
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Market Overview:

The Asia Pacific plastic caps and closure market size reached US$ 20.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 32.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032.

Report Attribute                                                            
 Key Statistics                   
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 20.1 Billion
Market Forecast in 2032
US$ 32.7 Billion
Market Growth Rate 2024-2032
5.4%                   


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 2024-2032. 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 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
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

The Asia Pacific plastic caps and closure market was valued at US$ 20.1 Billion in 2023.

We expect the Asia Pacific plastic caps and closure market to exhibit a CAGR of 5.4% during 2024-2032.

The rising demand for plastic caps and closures, as they are versatile, durable, lightweight, resistant against corrosion, can withstand high temperature, etc., is primarily driving the Asia Pacific plastic caps and closure market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing utilization of plastic caps and closure across several Asia Pacific nations, owing to the growing need for hand sanitizers to combat the spread of the coronavirus infection upon human intervention.

Based on the product type, the Asia Pacific plastic caps and closure market can be segmented into screw-on caps, dispensing caps, and others. Currently, screw-on caps hold the majority of the total market share.

Based on the raw material, the Asia Pacific plastic caps and closure market has been divided into PET, PP, HDPE, LDPE, and others, where PP currently exhibits a clear dominance in the market.

Based on the container type, the Asia Pacific plastic caps and closure market can be categorized into plastic, glass, and others. Currently, plastic accounts for the majority of the total market share.

Based on the technology, the Asia Pacific plastic caps and closure market has been segregated into injection molding, compression molding, and post-mold tamper-evident band. Among these, injection molding currently holds the largest market share.

Based on the end use, the Asia Pacific plastic caps and closure market can be bifurcated into beverages, industrial chemicals, food, cosmetics, household chemicals, pharmaceuticals, and others. Currently, beverages exhibit a clear dominance in the market.

On a regional level, the market has been classified into China, Japan, India, South Korea, Australia, Indonesia, and others, where China currently dominates the Asia Pacific plastic caps and closure market.

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Asia Pacific Plastic Caps and Closure Market Report by Product Type (Screw-On Caps, Dispensing Caps, and Others), Raw Material (PET, PP, HDPE, LDPE, and Others), Container Type (Plastic, Glass, and Others), Technology (Injection Molding, Compression Molding, Post-Mold Tamper-Evident Band), End Use (Beverages, Industrial Chemicals, Food, Cosmetics, Household Chemicals, Pharmaceuticals, and Others), and Country 2024-2032
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