Pharmaceutical caps and closures protect complex pharmaceuticals so that they remain safe and secure, devoid of any contamination. Drug manufacturers are bound by international compliance jurisdictions enforced by regulatory authorities, which ensure packaging is a critical element in the drug delivery process to the final point of purchase. Various raw materials like plastic resins, rubber, and aluminum find application in the production of pharmaceutical caps and closures.
The analysts forecast the global pharmaceuticals caps and closures market to grow at a CAGR of 5.36% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global pharmaceuticals caps and closures market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market
The market is divided into the following segments based on geography:
- North America
The report, Global Pharmaceuticals Caps and Closures Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Caps & Closures
- Closure Systems International
- Global Closure Systems
Other prominent vendors
- Alpha Packaging
- Guala Closures
- Phoenix closures
- Increased use of COC as raw material
- Low degree of differentiation in metal closures
- Increased demand for innovative designs
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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- Market overview
- Summation errors
- Top-vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
- Global caps and closures market: An overview
- Global pharmaceutical caps and closures market
- Five forces analysis
- Global pharmaceuticals caps and closures market by type of material
- Global plastic based caps and closures market for pharmaceuticals
- Global metal based caps and closures market for pharmaceuticals
- Global pharmaceuticals rubber or cork caps and closures market
- Global pharmaceuticals caps and closures market by geographical segmentation
- Pharmaceuticals caps and closures market in APAC
- Pharmaceuticals caps and closures market in North America
- Pharmaceuticals caps and closures market in Europe
- Pharmaceuticals caps and closures market in ROW
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
- Competitive scenario
- Caps & Closures Pty. Ltd.
- Closure Systems International
- Global Closure Systems
- Other prominent vendors
List of Exhibits
Exhibit 01: Global pharmaceuticals caps and closures market
Exhibit 02: Key vendors in the caps and closures market
Exhibit 03: Healthcare industry landscape
Exhibit 04: Global caps and closures market by end-users 2014 (% revenue)
Exhibit 05: Global pharmaceuticals caps and closures market 2015-2020 ($ billions)
Exhibit 06: Five forces analysis
Exhibit 07: Global pharmaceuticals caps and closures market by type of materials 2015-2020 ($ billions)
Exhibit 08: Global pharmaceuticals caps and closures market by type of materials 2015-2020 (growth rate)
Exhibit 09: Global plastic based caps and closures market for pharmaceuticals 2015-2020 ($ billions)
Exhibit 10: Global plastic caps and closures market 2015
Exhibit 11: Global metal based caps and closure market for pharmaceuticals 2015-2020 ($ millions)
Exhibit 12: Global pharmaceuticals rubber and cork caps and closures market 2015-2020 ($ millions)
Exhibit 13: Regulations for pharmaceutical closures by FDA
Exhibit 14: Global pharmaceuticals caps and closures market by geographical segmentation 2015 (% revenue)
Exhibit 15: Global pharmaceuticals caps and closures market by geographical segmentation 2015-2020 ($ billions)
Exhibit 16: Global pharmaceuticals caps and closures market by geographical segmentation 2015-2020 (growth rate)
Exhibit 17: Pharmaceuticals caps and closures market in APAC 2015-2020 ($ billions)
Exhibit 18: Pharmaceuticals caps and closures market in North America 2015-2020 ($ millions)
Exhibit 19: Pharmaceuticals caps and closures market in Europe 2015-2020 ($ millions)
Exhibit 20: Pharmaceuticals caps and closures market in ROW 2015-2020 ($ millions)
Exhibit 21: Types of tamper evident closures
Exhibit 22: Impact of drivers
Exhibit 23: Impact of drivers and challenges
Exhibit 24: Amcor: Business segmentation by revenue 2015
Exhibit 25: Amcor: Geographical segmentation by revenue 2015
Exhibit 26: Caps & Closures: markets served
Exhibit 27: O.Berk: Product segmentation
Exhibit 28: Closure Systems International: market served
Exhibit 29: Closure Systems International: Product offerings
The author of the report recognizes the following companies as the key players in the global pharmaceuticals caps and closures market: Amcor, Caps & Closures, O.Berk, Closure Systems International, and Global Closure Systems.
Other Prominent Vendors in the market are: Alpha Packaging, Guala Closures, Mocap, Phoenix closures, Reynold, Technocap, and WestRock.
Commenting on the report, an analyst from the research team said: “Emergence of dual-spout closures will be a key trend for market growth. Consumer convenience has become the key element for all the innovations in the global pharmaceutical market. Companies are introducing advance designs, which entice the consumer by the type of convenience it provides. For instance, Triumph Pharmaceutical has also launched dual spout closures for its oral care product SmartMouth. It allows the consumer to use two solutions simultaneously from two bottles packed as one. This product comes in three categories: original, gum and plaque, and dry mouth. The two PET bottles are together by one closure and is fully shrink-wrapped. Consumer can mix two solutions together, before dispensing the liquid out of a bottle.”
According to the report, one of the key drivers for market growth will be replacement of one-piece over two-piece caps. Most companies use injection-molded HDPE closures for packaging pharma products. They are commonly used in Europe and Asia, and still growing in other part of the world. Shifting from two-piece closures to one-piece closures require changes in material as well as the manufacturing process. Single-piece caps reduce the material used and the weight of overall packaging. Single-piece closures weigh 2 grams less than the two-piece caps and closures. They also have other features such as a large seal angle and require less torque. They reduce resin consumption by 6 tons and carbon footprint by approximately more than 15 tons per 500 million bottles.
Further, the report states that incompatibility of plastic polymers with substrates will be a challenge for the market. Plastic have become a principle material for manufacturing caps and closure for pharmaceutical products. Polyethylene and polypropylene are incompatible with certain organic liquids and mineral acids on account of their chemical properties and this often leads to deformation of the packaging substrate or may adulterate the product.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.