Global Cap Liner Market Analysis 2019-2028
A cap liner is a piece of material that is placed between the cap and the bottle. The traditional primary purpose of cap liners is to offer proper sealing of the product to prevent leakage and optionally to provide tamper evidence. The global cap liner market is anticipated to achieve a CAGR of 6.18% during the forecast period, i.e. 2020-2028. Factors such as growing advancements in raw material for developing combination liners, increasing investments by several manufacturers in the industry to expand their business backed by global developmental strategies and the increasing research and development activities for the cap liners by prominent market players to decrease overall expenditure and increase overall efficiency of the cap liners are anticipated to promote the growth of the global cap liner market. Additionally, factors such as increasing concerns for food safety, rising awareness amongst individuals for contamination of food from bad packaging, which have raised the necessity amongst manufacturers of different end user industries to widely use cap liners for the packaging of the products are anticipated to drive the growth of the global cap liner market.
The global cap liner market consists of various segments that are segmented by product type, end use and by region. Out of these, the end user segment is further sub-segmented into food & beverage, pharmaceutical, personal care, chemical and others, out of which, the food & beverage segment held the largest market share of around 43% in the year 2019 and is expected to grow by a CAGR of around 7% during the forecast period.
Based on region, the global cap liner market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in Asia Pacific, which had accounted for around 25% share in the year 2019, and is further expected to grow by a CAGR of around 8% during the forecast period.
Some of the affluent industry leaders in the global cap liner market include Dupont Teijin Films U.S. Limited, Merck KGaA, M-industries, Qorpak, Selig Liners, Bluemay Weston Limited, Yantai Yongsheng Packing Material Co., Ltd., Tekni-Plex, Selpac Europe and The Cary Company.
A cap liner is a piece of material that is placed between the cap and the bottle. The traditional primary purpose of cap liners is to offer proper sealing of the product to prevent leakage and optionally to provide tamper evidence. The global cap liner market is anticipated to achieve a CAGR of 6.18% during the forecast period, i.e. 2020-2028. Factors such as growing advancements in raw material for developing combination liners, increasing investments by several manufacturers in the industry to expand their business backed by global developmental strategies and the increasing research and development activities for the cap liners by prominent market players to decrease overall expenditure and increase overall efficiency of the cap liners are anticipated to promote the growth of the global cap liner market. Additionally, factors such as increasing concerns for food safety, rising awareness amongst individuals for contamination of food from bad packaging, which have raised the necessity amongst manufacturers of different end user industries to widely use cap liners for the packaging of the products are anticipated to drive the growth of the global cap liner market.
The global cap liner market consists of various segments that are segmented by product type, end use and by region. Out of these, the end user segment is further sub-segmented into food & beverage, pharmaceutical, personal care, chemical and others, out of which, the food & beverage segment held the largest market share of around 43% in the year 2019 and is expected to grow by a CAGR of around 7% during the forecast period.
Based on region, the global cap liner market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in Asia Pacific, which had accounted for around 25% share in the year 2019, and is further expected to grow by a CAGR of around 8% during the forecast period.
Some of the affluent industry leaders in the global cap liner market include Dupont Teijin Films U.S. Limited, Merck KGaA, M-industries, Qorpak, Selig Liners, Bluemay Weston Limited, Yantai Yongsheng Packing Material Co., Ltd., Tekni-Plex, Selpac Europe and The Cary Company.
Table of Contents
Global Cap Liner Market3. Executive Summary - Global Cap Liners Market4. Regulatory Landscape5. Key Market Opportunities
1. Introduction
2. Research Methodology
6. Analysis of Market Dynamics
7. Global Cap Liners Market Outlook
8. Competitive Landscape
Companies Mentioned
- Dupont Teijin Films U.S. Limited
- Merck KGaA
- M-industries
- Qorpak
- Selig Liners
- Bluemay Weston Limited
- Yantai Yongsheng Packing Material Co. Ltd.
- Tekni-Plex
- Selpac Europe
- The Cary Company
