Caps and Closures Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 – 2021

Transparency Market
Research

Caps and Closures Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2015 – 2021

Published Date
09-09-2015

70 Page Report

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Press Release
Global Caps and Closures Market for Food and Beverages Industry to
Reach US$51.57 bn by 2021

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Caps and Closures Market

REPORT DESCRIPTION

Transparency Market Research (www.transparencymarketresearch.com) has published a new market
report, titled “Caps and Closures Market - Global Industry Analysis, Size, Share, Growth, Trends, and
Forecast, 2015 - 2021”. According to the report, the global caps and closures market was valued at
US$36.23 bn in 2014 and is projected to reach US$51.57 bn by 2021, expanding at a CAGR of 5.2% from
2015 to 2021. In terms of volume, the global caps and closures for food and beverages market stood at
1342.2 bn units in 2014 and is expected to reach 1702.1 bn units by 2021, expanding at a CAGR of 3.5%
over the forecast period.
In terms of volume and revenue, Latin America is the fastest growing market and is projected to register
the highest CAGR during the forecast period. Brazil is the fastest growing country in Latin America in terms
of demand for caps and closures. Increase in consumption of nonalcoholic beverages such as bottled water
and carbonated soft drinks acts as a driving force for the growth of the market for plastic screw closures in
Brazil.
Browse the full Caps and Closures Market for Food and Beverages Industry - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021 report
at:http://www.transparencymarketresearch.com/caps-closures-market.html
The Latin America caps and closures for food and beverages market, in terms of revenue and volume, is
estimated to expand...