The plastics have been able to dominate the packaging industry especially food & beverage, pharmaceuticals, agricultural & industrial and health & beauty. The glass and metallic bottles and caps have been replaced slowly but steadily by their plastic counterparts. Also the plastic bottles and closures are gaining popularity as they are light weight, convenient to use, and easy on the pocket.
Recently some innovation have been seen in the caps & closures segment. Read Changing Trends in Caps & Closures Industry. New technologies have enabled manufacturers to produce plastic caps fitting on glass and metallic bottles. The usability of caps differ from product to product. A cap for a carbonated soft drink should have the ability to retain CO2 for longer time. The market of caps and closures is explicitly divided in two segments: standardized and customized caps & closures. Mineral water, beer, and CSD products use standardized caps made of material that meet requirements like ease of opening, easy processing, good performance on the filling line, etc.
Like all other industries, the current economic slowdown has affected it too, lowering the consumption that will further hit the development. But still this industry has not so much reasons to worry as new sectors are opening doors for it. For example pharma industry, which still use lot of glass and metallic materials is now shifting to PET bottles. The increasing acceptance of organized retail formats have made the shelf appeal of of the products more crucial, demanding new, designer and trendy caps & closures along with bottles and containers. Leading manufacturers & suppliers of packing supplies.
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