India Plastic Caps and Closure Market Size, Share, Trends, Growth and Forecast Till 2025

According to the latest report by IMARC Group, titled “India Plastic Caps and Closure Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the market is currently witnessing moderate growth. Plastic caps and closure refer to the packaging components that are manufactured from high-density polyethylene (HDPE) and polypropylene (PP) materials. They are commonly used for the protection of contents from contamination, dust, evaporation and spoilage. They are commonly available in dispensing and screw-on caps and child-resistant, double-walled and twist-on closures. Plastic caps and closures are highly durable, non-corrosive, lightweight and resistant to high temperatures. They are widely used across various industries, such as pharmaceutical, food and beverage, cosmetics, electronics and chemical.

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The India plastic caps and closure market is primarily being driven by significant growth in the pharmaceutical industry. Plastic caps and closures are widely used for sealing medicines and preventing microbial contamination and exposure to direct sunlight, dust and moisture. Moreover, various product innovations, such as the manufacturing of eco-friendly and customized plastic caps and closures variants, are favoring the market growth. These variants are manufactured using recyclable bioplastics that offer enhanced customizability to meet the requirements of the user. Other factors, including the widespread adoption of room fresheners and disinfectants in residential and commercial complexes, along with the increasing demand for bottled drinking water, are creating a positive outlook for the market across the country. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2020-2025).

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

The competitive landscape of the India plastic caps and closure market has been studied in the report with the detailed profiles of the key players operating in the market.

Key Highlights of the Market Segmentation:

Breakup by Product Type:

• Screw-On Caps
• Dispensing Caps
• Others

Breakup by Raw Material:

• PET
• PP
• HDPE
• LDPE
• Others

Breakup by Container Type:

• Plastic
• Glass
• Others

Breakup by Technology:

• Injection Molding
• Compression Molding
• Post-Mold Tamper-Evident Band

Breakup by End Use:

• Beverages
• Industrial Chemicals
• Food
• Cosmetics
• Household Chemicals
• Pharmaceuticals
• Others

Breakup by Region:

• North India
• West and Central India
• South India
• East India

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Key highlights of the report:

• Market Performance (2014-2019)
• Market Outlook (2020-2025)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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