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Plastic caps and closures: Ubiquitous and getting more so!

by Keith Klamer

Take a minute and examine the top of the next soda bottle, drug vial or toothpaste tube you purchase. Odds are that it's sealed with a plastic cap or other kind of plastic closure device. Stands to reason: plastic caps and closures rule the packaging market. Demand for plastic caps and closures is expected to rise 4.0% to $9.5 billion by 2014, topping 275 billion units.

Of course, that's great news for those in our industry. Plastic caps and closures, which comprised 79% of unit demand in 2009, will see above-average unit and value advances, reflecting penetration by plastic containers into many new markets. Plastic cap and closure demand is being carried along by the long-standing change in consumer packaging from glass and metal containers to plastic ones.

What's more, the use of plastic caps with glass containers and paper-based beverage cartons will super-charge growth further, research shows. However, the reality is that increases will start tapering off from the phenomenal 1999-2009 performance, which is normal given the already deep penetration of plastic containers in most markets.

Future market increases could result from the growing use of more elaborate dispensing and child-resistant closures. Even more market advances will occur from the growing spread of single-serving containers in the beverage industry, and the further spread of plastic containers in product areas which were formerly sold in glass and metal units.

Drink containers, which comprise more than 50% of demand, are the biggest market for plastic caps and closures. By 2014 beverage containers will undergo below-average gains based on lower consumption of soft drinks, beer and bottled water. This will be offset, however, by faster-than-average growth in pharmaceutical packaging, thanks to a graying population, and the need to adapt packaging to child-resistant, senior-friendly and security-related governmental regulations.

So here's to you, plastic cap! You are indeed ubiquitous and moving rapidly toward omnipresence!



Learn more about <a href='http://advantechplastics.com/'>plastic caps and closures</a>. Stop by <a href='http://advantechplastics.com/packaging/'>Advantech Plastic's website</a> and see what this plastics company can do for you.

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New Unique Article!

Title: Plastic caps and closures: Ubiquitous and getting more so!
Author: Keith Klamer
Email: keith@net-ahead.com
Keywords: plastic caps and closures, plastic injection molding, plastics manufacturing, industrial production
Word Count: 302
Category: Marketing
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