Date of publication: September 2015 - NEW EDITION COMING SOON!
This is the 4th edition of AMI Consulting’s report on Plastic Caps and Closures in Europe. The report covers EU-28 and provides a comprehensive analysis of the market with essential insights to understand trends and developments and assess future growth potential.
In the evolving caps & closures industry in Europe technological advances are becoming increasingly important. To protect and grow profitability caps & closures producers have to innovate. Product and system developments at several levels of the supply-chain aim to address changing needs. Good organic growth of several market segments and a change in packaging trends remain the key drivers of demand for plastic caps & closures.
In the last couple of years growth prospects have improved in tandem with the economic recovery in a number of countries. There is increased demand for added value and premium plastic caps & closures in several market segments. Brand owners are looking at the full packaging solution of their products in which the role of closures is increasingly valued to improve product differentiation, aesthetics and functionality.
The caps & closures industry is becoming more technology driven and higher levels of R&D investment and technical expertise are required. Technology developments often allow added value and premium products to be produced at lower cost and time-to-market for new product launches has shortened. This helps increase competitive forces on the one hand and ultimately drives market growth and creates opportunities for well organised plastic closure manufacturers.
To develop competitive advantage, industry participants need to fully understand competitive strengths and weaknesses of their organisation, the market opportunities and the dynamics of demand and supply.
This report on plastic caps & closures aims to assist industry participants and investors in anticipating change, formulating response strategies and directing R&D investment. It is designed to provide a comprehensive review of market dynamics and trends to help build strategies to exploit business opportunities and manage threats.