Food & Beverages Sector to Accelerate the US Metal Caps & Closures Market

Published: Oct 2020

The US metal caps & closures market is driven by the rising demands for improved food and beverage packaging solutions. The US is a major contributor to the growth of metal caps and closure market due to the wide presence of major food manufacturers and significant innovations in food & beverage in the country. The US is considered to have a second-largest food industry across the globe. The food industry is one of the major contributors to the metal caps and closures market in the country. 

Browse the full report description of "US Caps & Closures Market Size, Share & Trends Analysis Report by Type (Steel, Tin Plate, Aluminum, and Others), By Application (Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care, Chemicals & Paints, and Others), and Forecast 2020-2026" at https://www.omrglobal.com/industry-reports/us-metal-caps-closures-market

Additionally, consumers are also becoming more health-conscious, and are raising the demand for healthy and packed beverages. Food products that are being stored in glass containers are being protected through several kinds of airtight metal closures, which in turn, is increasing the growth of the market. Further, retail shelf packaging is growing popular due to the changing lifestyles of the people. The retail shelf packaging trend is further bolstered by the growing millennial population in the workforce. The millennial population in the US is found to work across the flexible work hours, which further increases the demand for on-the-go foods, which is anticipated to drive the market (owing to an increase in packaged food). 

Market Coverage

  • Market number available for – 2019-2026
  • Base year- 2019
  • Forecast period- 2020-2026
  • Segment Covered- By Type, Applications
  • Competitive Landscape- Amcor Plc, CL Smith Co., Crown Holdings Inc., Sonoco Products Co., and WestRock Co. 

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment dominates the market in the base year?
  • Which segment will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

US Metal Caps & Closures Market – Segmentation

By Type

  • Steel
  • Tin Plate
  • Aluminum
  • Others

By Application

  • Food & Beverages
  • Pharmaceuticals 
  • Cosmetics & Personal Care
  • Chemicals & Paints
  • Others
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