www.MarketResearchReports.com Innovation in Caps and Closures 2013 - A Review of Recent Innovation and Trends, Drivers and Issues in Global Caps and Closures Markets Category : Packaging All logos and Images mentioned on this slide belong to their respective owners.
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Innovation in Caps & Closures 2013 - A Review of Recent Innovation and Trends
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www.MarketResearchReports.com
Innovation in Caps and Closures 2013
- A Review of Recent Innovation
and Trends, Drivers and Issues in Global Caps and Closures Markets
Category : Packaging
All logos and Images mentioned on this slide belong to their respective owners.
The report provides detailed analysis of and insight into recent packaging innovations in the global caps and closures market related to key trends, drivers, and issues. The report is a result of extensive research to provide a comprehensive understanding of the global caps and closures market and packaging consumption; this clearly establishes market trends, packaging dynamics, and areas of future growth.
Detailed coverage of key packaging innovations in the global caps and closures market, such as new tamper evident closures for beverages and improvements in the design, appearance, and functionality of closures and dispensers for Health & Beauty products.
Packaging innovations are related to the key drivers of consumer demand (such as Menchen’s “Choke-Safe” cap closure to help protect children), cost savings (such as increasing the shelf life of wines with Bacchus Wine Closures’ and Nomacork’s new corks), sustainability (such as Procap’s GreenCap, which saves on transportation costs by being lighter and enabling stacking), and logistics efficiency (such as Plasticum’s Spray Cap Jill with integrated spray technology, integrating the actuator and insert).
A survey of key packaging experts identifies the key areas of innovation in caps and closures over the next three years.
The beverage closures market saw a change in material dominance in 2012 as plastic closures took over in popularity from metal closures. The advance in use of plastic closures is primarily associated with increased use of plastic packaging in beverages, principally PET bottles.
The food market is made up of a variety of different closure types, with no format taking a clear majority. In 2012, film took the highest percentage of the market. Screw top was the next most popular format, followed by prize off and plastic tie.
While light weighting, resealability, low cost, and improved tamper evidence will all remain at the height of focus for the closure industry, innovations surrounding functionality are predicted to be the main driver over the next three years.
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