Roll-On Pilfer-Proof Caps Market would Increase by 4.36% CAGR to Reach USD 50.71 million
The roll-on pilfer-proof caps market will project a CAGR of 4.36% for the forecast period of 2021-2028. This means that the market value would climb up to USD 50.71 million by 2028.
Roll-on pilfer-proof caps are threaded caps that provide an effective packaging solution. Roll-on pilfer-proof caps are tamper-evident packs. The tamper on the first opening breaks and is proof that the product is untouched and new. One must not purchase products where the tamper is already broken. Tampers in the roll-on pilfer-proof caps enhance the spill-proof capability.
Increased research and development proficiencies to innovate with smart packaging solutions are inducing growth in the demand for roll-on pilfer-proof caps. Rising demand for packaged beverages as a result of a shift in the lifestyle is another factor bolstering the growth of the roll-on pilfer-proof caps market.
The major players covered in the roll-on pilfer-proof caps market report:
Capandseal., Crown, Silgan Holdings Inc., Amcor plc, Guala Closures S.p.A, Closure Systems International, Federfin Tech S.r.l., Hicap Closures Co., Ltd., Manaksia, O.Berk, Zhejiang Sanyou Packaging Co.,Ltd; Herti JSC., Torrent Closures, DYZ DONG NING METAL PACKAGING CO.,LTD, EMA Pharmaceuticals, J.G Finneran Associates, Inc., Alutop, Hicap Closures Co., Ltd. and MJS Packaging among other domestic and global players.
Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Roll-On Pilfer-Proof Caps Market Scope and Market Size
Roll-on pilfer-proof caps market is segmented on the basis of material type, application, liner and end user industry. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
On the basis of material type, the roll-on pilfer-proof caps market is segmented into aluminium and plastic. Plastic is further sub-segmented into linear low density polyethylene (LLDPE), high density polyethylene (HDPE), poly vinylidene chloride (PVDC), polyethylene terephthalate (PET) and others.
On the basis of application, the roll-on pilfer-proof caps market is segmented into bottles, jars, pouches and others.
On the basis of liner, the roll-on pilfer-proof caps market is segmented into with liner and without liner.
Roll-On Pilfer-Proof Caps Market Country Level Analysis
The roll-on pilfer-proof caps market is analysed and market size insights and trends are provided by country, material type, application, liner and end user industry as referenced above.
Asia-Pacific is expected to undergo the highest growth rate during the forecast period. This means that the region will project the highest compound annual growth rate for the forecast period of 2021-2028. Modernization, urbanization, and westernization coupled with the rise in personal disposable income influence consumers’ tastes and preferences.