The Latin America plastic caps and closure market is expected to exhibit a CAGR of 4.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Plastic caps and closure are essential packaging components that help protect the content from dust, spillage, contamination and evaporation. They are durable, recyclable, economical, easy-to-use and enable convenient transportation from manufacturing units to consumers. The design and type of plastic caps and closure vary depending on the product. For instance, chemical products are generally fitted with child-resistant closures to prevent easy opening.
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Plastic caps and closures are extensively utilized in the food and beverage (F&B) industry to provide protection and increase the shelf-life of the product. This, in confluence with the escalating demand for packaged and ready-to-drink beverages, represents one of the primary factors bolstering the market growth in Latin America. Additionally, the increasing adoption of one-piece liner-less closures in packaged water bottles is contributing to the market growth in the region. Apart from this, the leading manufacturers are introducing flexible, airtight, tamperproof and threaded plastic caps and closures. They are also offering customized solutions based on individual requirements. These factors are anticipated to expand the application of plastic caps and closure in the pharmaceutical, cosmetics, personal care and chemical industries in the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Latin America plastic caps and closure market, 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:
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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 Country:
Brazil
Mexico
Argentina
Colombia
Chile
Peru
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$ Million
Segment Coverage
Product Type, Raw Material, Container Type, Technology, End Use, Country
Countries Covered
Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others
Customization Scope
10% Free Customization
Report Price and Purchase Option
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 Latin America 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 Latin America 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 Latin America plastic caps and closure market and who are the key players?
What is the degree of competition in the industry?
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