Global caps & closures market to 2021

24 October 2017

Freedonia has published a new report about the world demand for caps and closures. Value gains will be driven by growing consumer preference for closures that offer convenience and ease-of-use advantages, as well as product safety features.
The Asia/Pacific (despite significant deceleration in China) and Africa/Mideast regions will offer the fastest growth opportunities, while most developed markets will present more modest gains. However, advances through 2021 will generally decelerate from those of the 2011-2016 period, although growth in Eastern Europe will pick up. Bottled water will be the largest and fastest growing of the major applications for closures.
Click here for more information about the report.
Click here for information about the Plastics Caps and Closures Conference 2017 (Amsterdam, 7-8 November). NVC members receive a 15% discount.

This news item is also included in our monthly overview, the NVC Members-only Update. If you have any questions, please contact us: info@nvc.nl, +31-(0)182-512411.