Chemicals and Materials Caps & Closures Market New

The "Caps & Closures Market by Type (Plastic Caps & Closures (Screw Caps, Dispensing
Caps, Others), Metal Caps & Closures (Screw & Lug, Can Ends, Crown Caps, Others), Other
Caps & Closures (Corks, Others)), Raw Material, End-Use Industry - Global Forecast to
2021" published by MarketsandMarkets, the market size is estimated to grow from USD
49.78 Billion in 2015 to USD 68.71 Billion by 2021, at a CAGR of 5.62%.
Browse 198 market data Tables and 51 Figures spread through 199 Pages and in-depth
TOC on "Caps & Closures Market"
https://www.marketsandmarkets.com/Market-Reports/caps-closures-market-1314.html
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End-use industries such as beverage and healthcare to gain maximum traction
during the forecast period
The beverages segment dominated the market in 2015 and is projected to be the second-
fastest-growing end-user industry in the next five years, as a result of the rising consumer
demand for beverage products such as bottled water and beer as well as growing demand
for quality and safe products. Furthermore, the healthcare segment is projected to be the
fastest-growing end-use industry due to the rising consumption of pharmaceutical and
medical products.
Plastics as a raw material to play a key role in the Caps & Closures Market
The report defines and segments the Caps & Closures Market on the basis of raw material
into plastics, metal, and others. The plastics segment is projected to contribute the largest
market share as it is light in weight and cost effective, whereas metal will have the next
largest market share from 2016 to 2021. The plastics segment is further divided into its
sub segments such as polypropylene, polyethylene, polyethylene terephthalate, polyvinyl