Quick Summary:
In a rapidly evolving consumer goods landscape, the global market for Aluminum Caps & Closures is set to make significant strides. Tapping into a potent combination of advanced manufacturing techniques, increased emphasis on product packaging, and consumer demand for secure and easy-to-use containers, this industry is projected to rise from a valuation of US$6.7 Billion in 2022 to a robust US$9.8 Billion by 2030.
Adopting this comprehensive market research report grants executives a 360-degree view of the future trajectory of this dynamic market. Dive deep into the rising sectors such as Roll-On Pilfer-Proof and Easy-Open Can Ends caps, projected to reach US$3.4 Billion and experiencing a notable 5.1% CAGR respectively. Additionally, this report opens the gate to analyzing emerging markets including China, projected to flourish at an impressive CAGR of 8.3%. Understanding this landscape and its key players, such as Amcor and Crown Holdings, will empower your strategic decision-making in the unfolding Aluminum Caps & Closures space.
Global Aluminum Caps & Closures Market to Reach $9.8 Billion by 2030
The global market for Aluminum Caps & Closures estimated at US$6.7 Billion in the year 2022, is projected to reach a revised size of US$9.8 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2022-2030. Roll-On Pilfer-Proof Caps, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$3.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Easy-Open Can Ends segment is readjusted to a revised 5.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 8.3% CAGR
The Aluminum Caps & Closures market in the U.S. is estimated at US$1.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2030 trailing a CAGR of 8.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.Select Competitors (Total 42 Featured) -
- Alameda Packaging
- Alcopack Group
- Alupac India
- Alutop
- Amcor
- Cap & Seal Pvt. Ltd.
- Closure Systems International.
- Crown Holdings
- Dyzdn Metal Packaging
- EMA Pharmaceuticals
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Aluminum Caps & Closures?
What is the growth rate of the Global Market for Aluminum Caps & Closures?
What is the forecasted size of the Global Market for Aluminum Caps & Closures?
Who are the key companies in the Global Market for Aluminum Caps & Closures?
| Report Attribute | Details |
|---|---|
| No. of Pages | 93 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 6.7 Billion |
| Forecasted Market Value ( USD | $ 9.8 Billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Alameda Packaging
- Alcopack Group
- Alupac India
- Alutop
- Amcor
- Cap & Seal Pvt. Ltd.
- Closure Systems International.
- Crown Holdings
- Dyzdn Metal Packaging
- EMA Pharmaceuticals
