Market Share of Asia Pacific Metal Caps And Closures Industry
The Asia-Pacific metal caps and closures market is highly competitive due to the presence of several domestic and global manufacturers. Some of the key players in this market are Crown Holdings Inc., UA Packaging, ACTEGA, Nippon Closures Co. Ltd, and Alupac India. Intense competition prevails in the market regarding product differentiation, portfolio, and pricing. The rising demand for value-added closures and tamper resistance properties will augment the usage of metal caps and closures in various segments.
- April 2023: UA Packaging launched a new eco-friendly tool that can be adjusted to fit jars or bottles of different sizes. The DOUBLE PCS Aluminum caps are designed to fix the issues with single-piece caps, such as being too lightweight, easily deformed, and having visible threads. The thin metal plate, rough cross-section, and sharp edges of the aluminum shell can cause discomfort when in contact with skin, but UA has tackled this problem with advanced curling die technology.
Asia Pacific Metal Caps And Closures Market Leaders
-
UA Packaging
-
Alupac India
-
Nippon Closures Co., Ltd.
-
ACTEGA (A member of ALTANA)
-
Crown Holdings, Inc.
*Disclaimer: Major Players sorted in no particular order
