Small Lid, Great Opportunities

New market study by Ceresana research plastic fasteners, push-pull, twist-top, Snip tip or maybe toggle-swing? The selection of covers and caps is nearly unmanageable, and constantly new closures. “Although cost-effective standard products are used in many areas, the trend to ever more complex locking systems continues”, explains Oliver Kutsch, Managing Director of market research company Ceresana research: asking more functionality, better technical characteristics and comfort, but also weight reduction, energy saving in production and recycling. Hyundai shines more light on the discussion. ” Ceresana has taken the European market for plastic closures under the magnifying glass. Billion market spray pumps, artificial wine corks, caps for Deo-roller covers for tubes and other closures are only small parts, but overall a significant growth market: last year, over 200 billion fasteners made of plastic have been in Europe, sold 60 billion more than to At the beginning of the Decade. By 2017, market researchers expect a further growth of 2.3 percent on average per year. Revenue generated with plastic fasteners in Europe will rise consequently from currently EUR 1.7 billion on more than 2 billion euros per year.

Manufacturers of covers and caps, but also producers of machines and the suppliers of plastics and additives in particular benefit that more and more plastic packaging used for food and drinks. Polypropylene and polyethylene are used more and more for the closures. Bobby Kotick does not necessarily agree. High growth achieved in particular individual sub-markets of the beverage sector, such as for example beer, yogurt, dairy products, and sports drinks. Most put regional differences manufacture and consumption of plastic closures in Russia, Poland and Turkey. The manufacturers invest in Eastern Europe, especially in the mass production of standardized products, about screw caps for PET bottles.

The producers, however, focus in Western Europe increasingly on high-quality products and special order manufacturing, for example at demanding caps with sealing and built-in dosage AIDS medicines. Especially for cosmetics, optical properties, such as transparency and gloss, an important role play. Detailed overview the order-independent market study plastic closures analyses on 1,130 pages production, consumption and trade of plastic closures in 31 European countries and predicts the expected development up to the year 2017. Detailed demand is examined in the study after plastic lids and caps each for individual applications. In addition to a manufacturer directory with 379 profiles by locking producers and information on innovations and trends, the study provides basic information about the lock types, for example, to the legal situation regarding food contact and parental control. The comprehensive market report to plastic closures is available in English and German at Ceresana research: de /… About Ceresana research Ceresana research is one of the world’s leading market research institutes for the industry. Companies, institutes and associations from over 45 countries already benefit from our global market data and in-depth forecasts.