Aluminum Caps and Closures Market by Product Type (Roll-On-Pilfer-Proof, Easy open ends, Non-refillable closures and Others), End User (Food Items, Beverages, Home & personal care, Pharmaceutical, Automotive and Chemical) and Geography - Global Industry Analysis, Opportunities and Forecast up to 2029

Aluminum Caps and Closures Market Size

The global Aluminum Caps and Closures market size was valued at $7.08 billion in 2023 and is projected to reach $9.22 billion by 2029, growing at a CAGR of 4.5% during the forecast period.

Aluminum Caps and Closures Market Dynamics

• The Aluminum Caps & Closures market is driven by rising demand for convenience food and better operability, an increase in the demand for reduced pack sizes, recyclability of the products, an increasing rate of consumption of both alcoholic and non-alcoholic beverages, and growing demand for high-quality healthcare products.

• However, the availability of substitute products is restraining the market growth.

• On the contrary, surging demand from emerging economies and rising demand due to the growth of beverage and pharmaceutical sectors are expected to open up new opportunities for market growth.

Aluminum Caps and Closures Market Overview

When compared to other materials, aluminum caps and closures provide more rigidity and stability for packaging. Aluminum caps & closures are the metal used to cover or seal the top opening of the products which include jars, bottles, and containers. The aluminum cap protects and preserves the products of the containers, preventing leakage and spoiling. Aluminum caps are produced depending upon the application which can differ from sizes and closures type. The aluminum cap provides inflexibility and maximum sealing benefits depending upon the usage. It is a vastly preferred alternative that exhibits metal shading finishing in nourishment, as well as the refreshment industry.

By End User, Pharmaceutical is Projected to Strong Presence in the Aluminum Caps & Closures Market

The pharmaceutical sector is growing at a steady pace, with increased demand in numerous regions, including North America, Europe, and Asia-Pacific. Aluminum caps and closures used in the pharmaceutical industry are normally made of multilayer material and are sterile. Aluminum can also be customized in a variety of ways: natural or colored, plain or embossed. As a result, pharmaceutical packaging can be customized to meet the needs of the customers. Furthermore, with the rise in demand for over-the-counter (OTC) drugs, the pharmaceutical sector is developing at an exponential rate. Aluminum hubs, lids, vials, and other closing materials are used in the majority of OTC medications, such as cold and cough syrups (Syrups), ophthalmic tubes, and injections.

By Geography, Asia Pacific Market Accounted for the Largest Market Share

The primary nations contributing to the aluminum caps and closures market in APAC are China, India, and Australia. The growth is driven by increasing demand for single-portion packs or small packs, increased need for convenience food, rising population, industrialization, and urbanization, concerns about product safety and security, and the need for product differentiation and branding. Moreover, the presence of several small and medium-sized aluminum caps and closures manufacturers has also contributed to the market's growth. Low labor costs and easy access to raw materials boost the production of these products in the region.

Some of the Key Players Profiled in the Report Include:

• Amcor PLC
• Alcopack
• Cap & Seal Pvt Ltd
• Crown Holding
• Federfin Tech S.R.L
• Guala Closure
• Herti JSC
• Nippon Closures Co. Ltd
• Osias Berk
• Pelliconi & C. SpA
• Reynolds Packaging Group Ltd
• Silgan Holdings
• SKS Bottle & Packaging Inc.
• Tecnocap Group
• Torrent Closures

This Report Helps to:

• Gain a deeper understanding of the impact of COVID-19 on the Aluminum Caps & Closures market.
• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify potential growth opportunities.
• Gain in-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Know the historical and forecast size for each segment and sub-segment in (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Product Type
• Roll-On-Pilfer-Proof
• Easy open ends
• Non-refillable closures
• Other Product Types

Market by, End User
• Food Items
• Beverages
• Home & personal care
• Pharmaceutical
• Automotive
• Chemical

Market by, Geography

The Aluminum Caps & Closures Market report also analyzes the major geographic regions and countries for the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

Table Of Content

1 Market Overview            
    1.1 Introduction       
    1.2 Research Objectives      
    1.3 Market Segmentation      
    1.4 Stakeholders       
    1.5 List of Acronyms       
             
2 Executive Summary           
             
3 Research Methodology          
    3.1 Identification of Data      
    3.2 Evaluation of Market Dynamics     
    3.3 Collaboration of Data      
    3.4 Verification and Analysis      
    3.5 Data Sources       
    3.6 Assumptions       

4 Market Dynamics            
    4.1 Market Drivers       
           4.1.1 Rising Demand for Convenience Food and Better Operability
           4.1.2 Increase in the Demand Reduced Pack Sizes
           4.1.3 Recyclability of the Products
           4.1.4 Increasing Rate of Consumption of Both Alcoholic and Non-Alcoholic Beverages
           4.1.5 Growing Demand for High-Quality Healthcare Products
    4.2 Market Restraints       
           4.2.1 Availability of Substitutes Products
    4.3 Market Opportunities      
           4.3.1 Surging Demand from Emerging Economics
           4.3.2 Rising Demand due to the Growth of Beverage and Pharmaceutical Sectors
    4.4 Market Challenges       
           4.4.1 Rise In Usage of Packs Without Closures such as Pouch And Blister Packaging
    4.5 Impact of COVID-19 on Aluminum Caps & Closures Market   
             
5 Porter's Five Force Analysis          
    5.1 Bargaining Power of Suppliers      
    5.2 Bargaining Power of Buyers      
    5.3 Threat of New Entrants      
    5.4 Threat of Substitutes      
    5.5 Competitive Rivalry in the Market     
             
6 Global Aluminum Caps & Closures Market by, Product Type       
    6.1 Overview       
    6.2 Roll-On-Pilfer-Proof      
    6.3 Easy open ends       
    6.4 Non-refillable closures      
    6.5 Other Product Types      
           6.5.1 Peel-Off Foils
           6.5.2 Lug Caps 
           6.5.3 Spout Closures
           6.5.4 Closure Strips
             
7 Global Aluminum Caps & Closures Market by, End User       
    7.1 Overview       
    7.2 Food Items       
    7.3 Beverages       
    7.4 Home & personal care      
    7.5 Pharmaceutical       
    7.6 Automotive       
    7.7 Chemical        
             
8 Global Motorcycle Helmet Market by, Geography        
    8.1 Overview       
    8.2 North America       
             8.2.1 US
             8.2.2 Canada
             8.2.3 Mexico
    8.3 Europe        
             8.3.1 Germany
             8.3.2 France
             8.3.3 UK
             8.3.4 Italy
             8.3.5 Spain
             8.3.6 Rest of Europe
    8.4 Asia Pacific       
             8.4.1 China
             8.4.2 Japan
             8.4.3 India
             8.4.4 South Korea
             8.4.5 Australia
             8.4.6 New Zealand
             8.4.7 Rest of Asia Pacific
    8.5 South America       
             8.5.1 Brazil
             8.5.2 Argentina
             8.5.3 Chile
             8.5.4 Rest of South America
    8.6 Middle East & Africa       
             8.6.1 UAE
             8.6.2 Saudi Arabia
             8.6.3 Qatar
             8.6.4 Iran
             8.6.5 South Africa
             8.6.6 Rest of Middle East & Africa
             
9 Key Developments           
             
10 Company Profiling           
    10.1 Amcor PLC       
             10.1.1 Business Overview
             10.1.2 Product/Service Offering
             10.1.3 Financial Overview
             10.1.4 SWOT Analysis
             10.1.5 Key Activities
    10.2 Alcopack        
    10.3 Cap & Seal Pvt Ltd       
    10.4 Crown Holding       
    10.5 Federfin Tech S.R.L       
    10.6 Guala Closure       
    10.7 Herti JSC        
    10.8 Nippon Closures Co. Ltd      
    10.9 Osias Berk       
    10.10 Pelliconi & C. SpA       
    10.11 Reynolds Packaging Group Ltd       
    10.12 Silgan Holdings       
    10.13 SKS Bottle & Packaging Inc.      
    10.14 Tecnocap Group       
    10.15 Torrent Closures