Germany Plastic Caps and Closures Market Trends, Share, Demand, Revenue and Future Outlook
Germany Plastic Caps and Closures Market Growth, Size, Trends Analysis- By Resin, By Product Type, By End User Industry- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Oct-2024 | Report ID: PACK2416 | Pages: 1 - 105 | Formats*: |
| Category : Packaging | |||
Germany Plastic Caps and Closures Market Introduction and Overview
According to SPER Market Research, the Germany Plastic Caps and Closures Market is estimated to reach USD 3.72 billion by 2033 with a CAGR of 5.77%.
Plastic caps and closures are a safe and secure way to pack and seal many sorts of bottles, tubes, containers, and jars. These are the last components of the packaging process, and they are mostly used in the food, beverage, pharmaceutical, cosmetic, and personal care industries. The plastic caps and closures are composed of thermoplastics and thermosets. Plastic caps and closures are lightweight and recyclable, making them ideal for packaging a variety of carbonated and non-carbonated beverages, as well as industrial goods.
- In May 2024, Stock Spirits introduced the high-end vodka Amundsen to the German market. The bottle design was quite distinctive. Having successfully introduced Żołądkowa de Luxe, a Polish vodka, to the German market, STOCK SPIRITS is now introducing Amundsen Vodka, another jewel from its collection. A commemoration to the 1911 Antarctic expedition by Roald Amundsen, this high-end item is designed for the discriminating German consumer. The market for caps and closures may be pushed by such new beverage launches.
- July 2023 - Coca-Cola Europacific Partners Germany (CCEP DE) is increasing its efforts to provide refillable drinks for at-home consumption, in line with CCEP's goal of minimising packaging waste. CCEP DE unifies their approach by implementing a uniform bottle design for all 1-liter returnable glass and PET bottles. Innovations in new PET bottles would drive the country's cap and closure business.
Market Opportunities and Challenges
Opportunities- The food and beverage industry's growing demand and increased food safety awareness encourage innovation in cap and closure systems to extend product shelf life. Furthermore, a growing emphasis on sustainability encourages producers to experiment with eco-friendly materials and designs in order to meet changing consumer preferences. Significant technical advancements highlight the market's adaptability, positioning it for continuous global expansion to meet the industry's changing demands. Plastic packaging has gained popularity among consumers over other products because it is lightweight and indestructible, making it easy to handle. Even major manufacturers choose plastic packaging because it is less expensive to produce. Furthermore, the use of polymers such as polyethylene terephthalate (PET) and high-density polyethylene (HDPE) is broadening the scope of plastic caps and closures. The market has seen an increase in demand for PET bottles as a result of increased beverage consumption.
Challenges- Plastic closures and caps are thought to have a significant detrimental impact on the welfare of the environment. Plastic caps and closures are the source of environmental instability and damage to the marine ecology. As a result, the manufacturers are having trouble complying with the rules that have been placed upon them. The market need for plastic caps and closures is anticipated to be hampered by the need for pouches and substitutes that are thought to be better suited for the intended uses. These pouches and blister packages greatly cut the manufacturing costs of the plastic caps and closures while providing effective packaging are considered as the primary restriction of plastic caps and closures market growth.
Market Competitive Landscape
There are numerous domestic and notable players in the fragmented German plastic caps and closures industry, including Berry Global, Inc, Bericap GmbH & Co. KG, Silgan Holdings Inc, Pöppelmann GmbH & Co. KG, Caplugs, Inc, and others. The region's businesses are concentrated on growing through joint ventures, acquisitions, mergers, and other strategies.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Resin, By Product Type, By End-User Industry |
| Regions covered | Western Germany, Southern Germany, Eastern Germany, Northern Germany |
| Companies Covered | Berry Global, Inc, Bericap GmbH & Co. KG, Silgan Holdings Inc, Poppelmann GmbH & Co. KG, Caplugs, Inc, Aptar Group, United Caps, Tetra Pak International SA. |
COVID-19 Impact on Germany Plastic Caps and Closures Market
The COVID 19 epidemic has caused a massive economic shock across a variety of industries. The disruption of supply and demand, as well as other variables, has impacted production rates and other critical company functions. However, during the pandemic, demand for the food and beverage industry and the pharmaceutical business increased dramatically, stimulating the expansion of the plastic caps and closures market. The processed and fresh foods were packed in wasteful packaging with plastic caps and closures, and the beverages, both non-alcoholic and alcoholic, were also heavily used. Such considerations have propelled the total growth of plastic caps and closures during the pandemic.
Key Target Audience
- Food and Beverage Manufacturers
- Pharmaceutical and Healthcare Companies
- Cosmetics and Personal Care Product Manufacturers
- Household and Industrial Product Manufacturers
- Plastic Packaging Manufacturers and Suppliers
- Retail and Distribution Companies
- Bottled Water and Soft Drink Producers
- Wine and Spirits Manufacturers
- Dairy and Juice Producers
- Recyclers and Waste Management Companies
Our in-depth analysis of the Germany Plastic Caps and Closures Market includes the following segments:
| By Resin: | |
| By Product Type: | |
| By End Use Industry: |
Key Topics Covered in the Report
- Germany Plastic Caps and Closures Market Size (FY’2024-FY’2033)
- Overview of Germany Plastic Caps and Closures Market
- Segmentation of Germany Plastic Caps and Closures Market by Resin {Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Others}
- Segmentation of Germany Plastic Caps and Closures Market by Product Type (Threaded, Dispensing, Unthreaded, Child-Resistant)
- Segmentation of Germany Plastic Caps and Closures Market by End-User Industry (Food, Beverage, Personal Care and Cosmetics, Household Chemicals, Others)
- Statistical Snap of Germany Plastic Caps and Closures Market
- Expansion Analysis of Germany Plastic Caps and Closures Market
- Problems and Obstacles in Germany Plastic Caps and Closures Market
- Competitive Landscape in the Germany Plastic Caps and Closures Market
- Impact of COVID-19 and Demonetization on Germany Plastic Caps and Closures Market
- Details on Current Investment in Germany Plastic Caps and Closures Market
- Competitive Analysis of Germany Plastic Caps and Closures Market
- Prominent Players in the Germany Plastic Caps and Closures Market
- SWOT Analysis of Germany Plastic Caps and Closures Market
- Germany I Plastic Caps and Closures Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’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. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Germany Plastic Caps and Closures Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Germany Plastic Caps and Closures Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Germany Plastic Caps and Closures Market
7. Germany Plastic Caps and Closures Market, By Resin (USD Million) 2020-2033
7.1. Germany Plastic Caps and Closures Market Size, Share and Forecast, By Resin, 2020-20267.2. Germany Plastic Caps and Closures Market Size, Share and Forecast, By Resin, 2027-20337.3. Polyethylene (PE)7.4. Polyethylene Terephthalate (PET)7.5. Polypropylene (PP)7.6. Others
8. Germany Plastic Caps and Closures Market, By Product Type (USD Million) 2020-2033
8.1. Germany Plastic Caps and Closures Market Size, Share and Forecast, By Product Type, 2020-20268.2. Germany Plastic Caps and Closures Market Size, Share and Forecast, By Product Type, 2027-20338.3. Threaded8.4. Dispensing8.5. Unthreaded8.6. Child-Resistant
9. Germany Plastic Caps and Closures Market, By End Use Industry (USD Million) 2020-2033
9.1. Germany Plastic Caps and Closures Market Size, Share and Forecast, By End Use Industry, 2020-20269.2. Germany Plastic Caps and Closures Market Size, Share and Forecast, By End Use Industry, 2027-20339.3. Food9.4. Beverage
9.4.1. Bottled Water9.4.2. Carbonated Soft Drinks9.4.3. Alcoholic Beverages9.4.4. Juices & Energy Drinks9.4.5. Others
9.5. Personal Care & Cosmetics9.6. Household Chemicals9.7. Others
10. Germany Plastic Caps and Closures Market Forecast, 2020-2033 (USD Million)
10.1. Germany Plastic Caps and Closures Market Size and Market Share
11. Germany Plastic Caps and Closures Market, By Region, 2020-2033 (USD Million)
11.1. Germany Plastic Caps and Closures Market Size and Market Share By Region (2020-2026)11.2. Germany Plastic Caps and Closures Market Size and Market Share By Region (2027-2033)11.3. Western Germany11.4. Southern Germany11.5. Eastern Germany11.6. Northern Germany
12. Company Profile
12.1. Berry Global, Inc
12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments
12.2. Bericap GmbH & Co. KG
12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments
12.3. Silgan Holdings Inc
12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments
12.4. Poppelmann GmbH & Co. KG
12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments
12.5. Caplugs, Inc
12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments
12.6. Aptar Group
12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments
12.7. United Caps
12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments
12.8. Tetra Pak International SA
12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments
12.9. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
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.
Frequently Asked Questions About This Report
Germany Plastic Caps and Closures Market grew in Market size from 2022. The Market is expected to reach USD 3.72 billion by 2033, at a CAGR of 5.77% during the forecast period.
Germany Plastic Caps and Closures Market CAGR of 5.77% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Germany Plastic Caps and Closures Market size is USD 3.72 billion from 2024 to 2033.
"Germany Plastic Caps and Closures Market Segment is covered By Resin, By Product Type, By End-User Industry."
The Europe is anticipated to have the highest Market share in the Germany Plastic Caps and Closures Market.
The key players in the Market include Companies Covered Berry Global, Inc, Bericap GmbH & Co. KG, Silgan Holdings Inc, Poppelmann GmbH & Co. KG, Caplugs, Inc, Aptar Group, United Caps, Tetra Pak International SA.
The plastic caps and closures are composed of thermoplastics and thermosets.
Germany Plastic Caps and Closures Market is projected to reach USD 3.72 billion by 2033, growing at a CAGR of 5.77% during the forecast period.
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