Market Share of Metal Caps and Closures Industry
The metal caps and closures market is highly fragmented and competitive due to the presence of international vendors. Some of the key players of this market are Crown Holdings, O.Berk Company, Reynolds Packaging Group Ltd amongst others. Intense competition prevails in the market in terms of product differentiation, portfolio, and pricing. The rising demand for value-added closures and tamper resistance properties will augment the usage of metal caps and closure in the beverages segment.
- July 2019 - Growpacker Inc., a contract manufacturer of THC- and CBD-infused edibles in the United States, announced to launch its patent-pending Cannasafe, a child-resistant lid for aluminum cans containing THC-infused beverages.
- Apr 2019 - Tapì and Thinfilm develop smart closures tackled counterfeiting in the wine and spirits industry. The OpenSense solution used detects when a closure seal was broken and alerts the consumer that the container or bottle may have been tampered with.
Metal Caps & Closures Market Leaders
Crown Holdings Inc.
O.Berk Company
Reynolds Packaging Group Ltd
Pelliconi & C. SpA
Sks Bottle & Packaging Inc.
*Disclaimer: Major Players sorted in no particular order
