India Plastic Caps and Closure Market Share 2023-2028

India Plastic Caps and Closure Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A2833

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Market Overview:

The India plastic caps and closure market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.

Plastic caps and closure are final components of the packaging process, which keep the content fresh and protect products from environmental and microbiological spoilage. They also enhance the functionality and aesthetics of products and make their handling convenient during transportation. Consequently, they are commonly utilized in packaging pharmaceuticals, food and beverage (F&B) products, cosmetics and household goods in India.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Rapid urbanization, rising western influences and changing dietary patterns of individuals are positively influencing the demand for packaged food products. This represents one of the significant factors spurring the growth of the plastic caps and closure market in India. Apart from this, as plastic is economical, durable, lightweight, and resistant against corrosion and environmental factors, caps and closures made using plastic are gaining traction in various industries. Moreover, several manufacturers are offering customized products in different shapes and sizes based on end user requirements. These offerings are being utilized by end users to create brand recognition and product differentiation. This, in turn, is anticipated to provide a positive outlook to the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India plastic caps and closure market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on product type, raw material, container type, technology and end use.

Breakup by Product Type:

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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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 Region:

North India
West and Central India
South India
East India

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	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Product Type, Raw Material, Container Type, Technology, End Use, Region
Region Covered	North India, West and Central India, South India, East India
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2299 Five User License: US$ 3399 Corporate License: US$ 4499
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 India plastic caps and closure market was valued at US$ 1.7 Billion in 2022.

We expect the India plastic caps and closure market to exhibit a CAGR of 5.9% during 2023-2028.

The rising demand for plastic caps and closures across the Food and Beverage (F&B) industry, owing to their cost-effectiveness, durability, customizability, etc., is primarily driving the India plastic caps and closure market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation, resulting in the temporary closure of numerous end-use industries for plastic caps and closures.

Based on the product type, the India 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 India plastic caps and closure market has been divided into PET, PP, HDPE, LDPE, and others. Among these, PP currently exhibits a clear dominance in the market.

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

Based on the technology, the India 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 India 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 North India, West and Central India, South India, and East India, where North India currently dominates the India plastic caps and closure market.

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