The global metal caps and closures market report begins with the executive summary for various categories and their share in the metal caps and closures market. It is followed by market dynamics and overview of the global metal caps and closures market, which includes TMR analysis of market drivers, restraints, and trends that are affecting growth of the metal caps and closures market. Furthermore, to understand the popularity of the metal caps and closures segment, the attractiveness index and BPS analysis with elaborated insights on the same is provided, which will show the market’s attractiveness based on factors such as CAGR and incremental opportunity. To show the performance of the metal caps and closures market in each country and region, BPS and Y-o-Y growth analysis is provided.
The global market for Metal caps and closures was valued at US$ 19,064.4 Mn in 2017. The market is forecast to expand at a CAGR of 3.9% during the forecast period, 2018-2026.
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The global market for metal caps and closures is segmented by material, closure type and end use. On the basis of material, global market for metal caps and closures is segmented into steel, aluminium and tin plated. On the basis of closure type, global market for metal caps and closures is segmented into crown, screw caps, can-ends and other closures. On the basis of end use, the global market for metal caps and closures is segmented into food, beverage, pharmaceutical and cosmetics & personal care.
The next section of the report highlights the metal caps and closures market, by region, and provides the market outlook for 2018–2026. The study investigates the Y-o-Y growth regionally, as well as analyses the drivers that influence the regional metal caps and closures market. Main regions assessed in this report include North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA). The report (global metal caps and closures market) evaluates the present scenario and growth prospects of the regional metal caps and closures market for 2018–2026.
To ascertain the market size in terms of value and volume, revenue generated by the key manufacturers and their respective production capacity is taken into consideration. The forecast presented here assesses the total revenue generated by value, across the metal caps and closures market. In order to provide an accurate forecast, we initiated by sizing up the current market, which forms the basis on how the metal caps and closures market is expected to develop in the future. Given the characteristics of the market, we triangulated the outcome on the basis of three different types of analysis; based on supply side, downstream industry demand and the economic envelope. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market based on key parameters, such as year-on-year (Y-o-Y) growth rates, to understand the predictability of the metal caps and closures market and identify the right opportunities across the market.
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The global market size for metal caps and closures was tracked from the production capacities of key manufacturers of caps and closures across the world. The penetration of different materials used in manufacturing of caps and closures was estimated and validated as per the findings from primary interviews with key opinion leaders in the industry. The same was validated through bottom-up analysis wherein consumption of metal caps and closures was tracked among various end uses.
The market segment for global metal caps and closures market have been analysed in terms of basis point share (BPS) to understand the individual segment’s relative contributions to market growth. This detailed level of information is important for identifying various key trends in the metal caps and closures market. Another key feature of global metal caps and closures market is the analysis of key segments in terms of absolute dollar opportunity. Absolute dollar opportunity is critical for evaluating the scope of opportunity that a provider can look to achieve, as well as to identify potential resources from a delivery perspective of the metal caps and closures market. The overall absolute dollar opportunity along with the segmental split is mentioned in global metal caps and closures market.
To understand key growth segments in terms of growth and adoption for metal caps and closures market. Globally, Transparency Market Research developed the metal caps and closures market ‘Attractiveness Index.’ The resulting index should help providers identify real market opportunities.
In the final section of the report on metal caps and closures market, the ‘dashboard view’ of the companies is provided, to compare the current industrial scenario and their contribution in total metal caps and closures market. Moreover, it is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on the in-depth assessment of their capabilities and success in the metal caps and closures marketplace.
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