China Plastic Caps and Closures Market Growth, Size, Trends, Revenue, Demand and Future Outlook: SPER Market Research

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Published: Jul 2023	Report ID: PACK2319	Pages: 1 - 107	Formats^*:
Category : Packaging

China Plastic Caps and Closures Market Introduction and Overview

According to SPER Market Research, the China Plastic Caps and Closures Market is estimated to reach USD XX billion by 2033 with a CAGR of 4.3%.

The report includes an in-depth analysis of the China Plastic Caps and Closures Market, including market size and trends, product mix, distribution channels, and supplier analysis. Plastic caps and closures are a category of packaging component used to close and secure bottles, jars, and other containers. To maintain product freshness, stop leakage, and guarantee consumer safety, these closures are widely utilised in a variety of industries, including those that produce food and beverages, medicines, personal care products, and household goods.

January 2022: AlbÃ©a has launched EcoFusion Top, a two-in-one cap solution for personal care products made from HDPE (high-density polyethylene). The innovative cap is designed to reduce weight significantly compared to conventional tubes. The company states that EcoFusion Top adheres to the Ista-6 standard and is well-suited for the e-commerce industry as well. This new packaging solution aims to offer both environmental benefits and improved suitability for the growing e-commerce market.

May 2022: Carlyle Group announced its intention to purchase HCP, a Chinese cosmetic packaging company. More than 250 well-known cosmetics, skincare, and fragrance companies, including EstÃ©e Lauder, L'OrÃ©al, and Shiseido, have partnered with HCP. Strategic purchases will help Carlyle strengthen HCP's research and development (R&D) capabilities as part of the acquisition.

Market Opportunities and Challenges

There are several opportunities and difficulties in the Chinese market for plastic caps and closures. The need for plastic caps and closures is anticipated to rise significantly as the nation's manufacturing sector and consumer industries continue to expand. Important chances include:

Growing Packaging Sector: The need for plastic caps and closures is being driven by the growth of the food and beverage, pharmaceutical, personal care, and household products sectors. These sectors have a greater requirement for effective and secure packaging solutions.

Competitive Landscape: Booming e-commerce in China has boosted demand for plastic caps and closures used to package goods for online retail. Reliable and leak-resistant closures are necessary given the increase in online shopping and residential delivery.

Despite these chances, the Chinese market for plastic caps and closures nevertheless faces a number of difficulties:

Environmental Issues: The influence of the plastics sector, which includes caps and closures, is under investigation. Management of plastic trash and the requirement for sustainable alternatives are urgent concerns that businesses must solve.

Competitive Environment: There are many domestic and foreign businesses contending for market share in this extremely competitive market. Manufacturers must concentrate on cost effectiveness and product differentiation to stay competitive.

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Market Competitive Landscape

The caps and closures market in China is experiencing heightened competition due to the increasing demand for packaged food products and the presence of numerous vendors in the country. To maintain their market presence and gain a competitive edge, these vendors pursue strategies of horizontal and vertical integration. This approach helps to reduce competition and facilitates further expansion in the market. Among the major players operating in the Chinese caps and closures market are Albea Group, Bericap GmbH, Aptar Group, and Berry Global Inc., along with other notable companies.

Scope of the Report:

Report Metric	Details
Market size available for years	2019-2033
Base year considered	2022
Forecast period	2023-2033
Segments covered	By Product Type, By Container Type, By Raw Material, By Technology, By End User
Regions covered	Eastern China, Northern China, Southern China, Western China
Companies Covered	Albea Group, Aptar Group Inc., Bericap Gmbh, Berry Global Inc., Crown Asia Pacific Holdings Ltd, Others

COVID-19 Impact on China Plastic Caps and Closures Market

The COVID-19 pandemic has had a profound impact on China's food supply chains and consumer behavior, altering various aspects such as grocery shopping, travel, and luxury goods purchasing. The rise in online grocery shopping, driven by the pandemic, is expected to continue in the post-COVID period, leading to sustained growth in the market during the forecast period. The outbreak has prompted significant changes in how consumers approach their daily lives, creating new opportunities and challenges for businesses and industries in China.

Key Target Audience

Beverage and Bottled Water Manufacturers
E-commerce and Online Retailers
Food Manufacturers
Government Regulatory Bodies
Household and Cleaning Product Manufacturers
Packaging Designers and Engineers
Packaging Distributors and Suppliers
Personal Care and Cosmetics Brands
Pharmaceutical Companies
Retailers
Others

Our in-depth analysis of the China Plastic Caps and Closures Market includes the following segments:

By Product Type:	Child-resistant closures Dispensing caps Double-wall closures Screw-on caps Twist-on closures Others
By Container Type:	Plastic Glass
By Raw Material:	High Density Polyethylene (HDPE) Low Density Polyethylene (LDPE) Polyethylene terephthalate (PET) Polypropylene (PP) Polyvinyl Chloride (PVC) Others
By Technology:	Compression Molding Injection Molding Post-Mold TE band
By End User:	Automotive and Chemical Beverage Food Personal & homecare Pharmaceutical Others

Key Topics Covered in the Report

China Plastic Caps and Closures Market Size (FYâ€™2023-FYâ€™2033)
Overview of China Plastic Caps and Closures Market
Segmentation of China Plastic Caps and Closures Market By Product Type (Child-resistant closures, Dispensing caps, Double-wall closures, Screw-on caps, Twist-on closures, Others)
Segmentation of China Plastic Caps and Closures Market By Container Type (Plastic, Glass)
Segmentation of China Plastic Caps and Closures Market By Raw Material (High Density Polyethylene, Low Density Polyethylene, Polyethylene terephthalate, Polypropylene, Polyvinyl Chloride, Others)
Segmentation of China Plastic Caps and Closures Market By Technology (Compression Molding, Injection Molding, Post-Mold TE band)
Segmentation of China Plastic Caps and Closures Market By End User (Automotive and Chemical, Beverage, Food, Personal & homecare, Pharmaceutical, Others)
Statistical Snap of China Plastic Caps and Closures Market
Expansion Analysis of China Plastic Caps and Closures Market
Problems and Obstacles in China Plastic Caps and Closures Market
Competitive Landscape in the China Plastic Caps and Closures Market
Impact of COVID-19 and Demonetization on China Plastic Caps and Closures Market
Details on Current Investment in China Plastic Caps and Closures Market
Competitive Analysis of China Plastic Caps and Closures Market
Prominent Players in the China Plastic Caps and Closures Market
SWOT Analysis of China Plastic Caps and Closures Market
China Plastic Caps and Closures Market Future Outlook and Projections (FYâ€™2023-FYâ€™2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source

2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERâ€™s internal database
2.1.4. Premium insight from KOLâ€™s

2.2. Market size estimation

2.2.1. Top-down and Bottom-up approach

2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis

4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges

4.2. COVID-19 Impacts of the China Plastic Caps and Closures Market

5. Market variable and outlook

5.1. SWOT Analysis

5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats

5.2. PESTEL Analysis

5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape

5.3. PORTERâ€™s Five Forces

5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry

5.4. Heat Map Analysis

6. Competitive Landscape

6.1. China Plastic Caps and Closures Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in China Plastic Caps and Closures Market

7. China Plastic Caps and Closures Market, By Product Type (USD Million)

7.1. China Plastic Caps and Closures Market Value Share and Forecast, By Product Type, 2023-2033
7.2. Child-resistant closures
7.3. Dispensing caps
7.4. Double-wall closures
7.5. Screw-on caps
7.6. Twist-on closures
7.7. Others

8. China Plastic Caps and Closures Market, By Container Type (USD Million)

8.1. China Plastic Caps and Closures Market Value Share and Forecast, By Container Type, 2023-2033
8.2. Plastic
8.3. Glass

9. China Plastic Caps and Closures Market, By Raw Material (USD Million)

9.1. China Plastic Caps and Closures Market Value Share and Forecast, By Raw Material, 2023-2033
9.2. High Density Polyethylene (HDPE)
9.3. Low Density Polyethylene (LDPE)
9.4. Polyethylene terephthalate (PET)
9.5. Polypropylene (PP)
9.6. Polyvinyl Chloride (PVC)
9.7. Others

10. China Plastic Caps and Closures Market, By Technology (USD Million)

10.1. China Plastic Caps and Closures Market Value Share and Forecast, By Technology, 2023-2033
10.2. Compression Molding
10.3. Injection Molding
10.4. Post-Mold TE band

11. China Plastic Caps and Closures Market, By End User (USD Million)

11.1. China Plastic Caps and Closures Market Value Share and Forecast, By End User, 2023-2033
11.2. Automotive and Chemical
11.3. Beverage
11.4. Food
11.5. Personal & homecare
11.6. Pharmaceutical
11.7. Others

12. China Plastic Caps and Closures Market Forecast, 2019-2033 (USD Million)

12.1. China Plastic Caps and Closures Market Size and Market Share

13. China Plastic Caps and Closures Market, By Product Type, 2019-2033 (USD Million)

13.1. China Plastic Caps and Closures Market Size and Market Share By Product Type (2019-2026)
13.2. China Plastic Caps and Closures Market Size and Market Share By Product Type (2027-2033)

14. China Plastic Caps and Closures Market, By Container Type, 2019-2033 (USD Million)

14.1. China Plastic Caps and Closures Market Size and Market Share By Container Type (2019-2026)
14.2. China Plastic Caps and Closures Market Size and Market Share By Container Type (2027-2033)

15. China Plastic Caps and Closures Market, By Raw Material, 2019-2033 (USD Million)

15.1. China Plastic Caps and Closures Market Size and Market Share By Raw Material (2019-2026)
15.2. China Plastic Caps and Closures Market Size and Market Share By Raw Material (2027-2033)

16. China Plastic Caps and Closures Market, By Technology, 2019-2033 (USD Million)

16.1. China Plastic Caps and Closures Market Size and Market Share By Technology (2019-2026)
16.2. China Plastic Caps and Closures Market Size and Market Share By Technology (2027-2033)

17. China Plastic Caps and Closures Market, By End User, 2019-2033 (USD Million)

17.1. China Plastic Caps and Closures Market Size and Market Share By End User (2019-2026)
17.2. China Plastic Caps and Closures Market Size and Market Share By End User (2027-2033)

18. China Plastic Caps and Closures Market, By Region, 2019-2033 (USD Million)

18.1. China Plastic Caps and Closures Market Size and Market Share By Region (2019-2026)
18.2. China Plastic Caps and Closures Market Size and Market Share By Region (2027-2033)
18.3. Eastern China
18.4. Northern China
18.5. Southern China
18.6. Western China

19. Company Profile

19.1. Albea Group

19.1.1. Company details
19.1.2. Financial outlook
19.1.3. Product summary
19.1.4. Recent developments

19.2. Aptar Group Inc.

19.2.1. Company details
19.2.2. Financial outlook
19.2.3. Product summary
19.2.4. Recent developments

19.3. Bericap Gmbh

19.3.1. Company details
19.3.2. Financial outlook
19.3.3. Product summary
19.3.4. Recent developments

19.4. Berry Global Inc.

19.4.1. Company details
19.4.2. Financial outlook
19.4.3. Product summary
19.4.4. Recent developments

19.5. Crown Asia Pacific Holdings Ltd

19.5.1. Company details
19.5.2. Financial outlook
19.5.3. Product summary
19.5.4. Recent developments

19.6. Others

20. List of Abbreviations

21. Reference Links

22. Conclusion

23. Research Scope

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3

Frequently Asked Questions About This Report

What is the anticipated CAGR of the China Plastic Caps and Closures Market?

China Plastic Caps and Closures Market CAGR of 4.3% during the forecast period.

How can I get a sample report on the China Plastic Caps and Closures Market?

You can get the sample pages by clicking the link - Click Here

What is the market size of the China Plastic Caps and Closures Market?

China Plastic Caps and Closures Market size is USD XX billion from 2023 to 2033.

Which segment is expected to China Plastic Caps and Closures Market?

China Plastic Caps and Closures Market Segment is covered By Product Type, By Container Type, By Raw Material, By Technology, By End User.

Which region is expected to have the highest market share in the China Plastic Caps and Closures Market?

The Asia-Pacific is anticipated to have the highest market share in the China Plastic Caps and Closures Market.

Who are the key players in China Plastic Caps and Closures Market?

The key players in the market include Companies Covered Albea Group, Aptar Group Inc., Bericap Gmbh, Berry Global Inc., Crown Asia Pacific Holdings Ltd, Others.

What is the conclusion of the China Plastic Caps and Closures Market?

The need for plastic caps and closures is being driven by the growth of the food and beverage, pharmaceutical, personal care, and household products sectors. These sectors have a greater requirement for effective and secure packaging solutions.

How big is the China Plastic Caps and Closures Market?

China Plastic Caps and Closures Market is projected to reach USD XX billion by 2033, growing at a CAGR of 4.3% during the forecast period.

What is the growth rate of the China Plastic Caps and Closures Market?

China Plastic Caps and Closures Market grew in market size from 2022. The Market is expected to reach USD XX billion by 2033, at a CAGR of 4.3% during the forecast period.