New study finds: World Caps & Closures - The Freedonia Group

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Study Highlights
* Excluded from the study are caps or closures that are an
integral part of the container (e.g., aerosol can valve assemblies,
metal and composite beverage can tops, peel-up aluminum lids);
home canning closures; container lids (e.g., those found on
yogurt or cottage cheese containers); glass, rubber and paperboard
closures; caps and closures used on industrial bulk
containers; flexible (e.g., aluminum foil, twist tie) closures;
champagne overcaps and capsules; and caps and closures used in
nonpackaging applications such as valve covers, distributor caps,
pen caps, food storage container lids, etc.
World Caps & Closures #1452
• Global demand for caps and closures is forecast to
expand at an annual pace of nearly four percent
through 2005, to 1.1 trillion units.
Cap and closure sales will benefit from their increased
use in conjunction with traditionally closureless
packaging media such as gabletop and aseptic drink
cartons, although inroads by metal drink cans and
flexible packaging will limit potential gains.
Plastic closures will continue to supplant traditional
metal and (increasingly) cork types, supported by
technological advances and the ongoing shift from glass
to plastic and paperboard in consumer packaging
applications such as soft drinks and pharmaceuticals.
Beverages will continue to account for over two-thirds
of cap and closure unit demand. Best gains in the
beverage industry are expected among mineral waters
and the increasingly popular "New Age" beverages
such as ready-to-drink teas, isotonics and
nutraceuticals.
The best gains are expected in the world's emerging
markets, especially Southeast Asia (particularly
China) and Latin America.
In 2000, five firms -- Crown Cork & Seal (US),
AptarGroup (US), Alcoa (US), Owens Illinois (US)
and WhiteCap (Allianz -- Germany) -- accounted for
almost one-fifth of global cap, closure and dispenser
dollar sales.
Freedonia Industry Study