Benelux Plastic Caps and Closures Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.39 Billion |
| Market Size (2029) | USD 1.63 Billion |
| CAGR (2024 - 2029) | 3.21 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Benelux Plastic Caps and Closures Market Analysis
The Benelux Plastic Caps And Closures Market size is estimated at USD 1.39 billion in 2024, and is expected to reach USD 1.63 billion by 2029, growing at a CAGR of 3.21% during the forecast period (2024-2029). In terms of shipment volume, the market is expected to grow from 34.87 billion units in 2024 to 41.45 billion units by 2029, at a CAGR of 3.52% during the forecast period (2024-2029).
- The food processing industry's growth in the Benelux countries, including Belgium, the Netherlands, and Luxembourg, has bolstered the demand for plastic caps and closures, driving the market’s expansion. These nations, integral to the European Union (EU) for trade, further fuel this growth.
- Per the US Department of Agriculture (USDA), despite its size, the Netherlands serves as a vital entry point for US goods into the European Union, boasting a diverse port network. As the EU's leading importer, it is the world's second-largest exporter of agricultural products, trailing only the United States and Germany. The Netherlands, with its concentration of specialized traders and food processors, is a key gateway for US products entering the European Union.
- Additionally, the rising consumption of non-alcoholic beverages-like juices, energy drinks, and soft drinks in Belgium and the Netherlands, driven by increasing tourism and evolving consumer tastes, is fueling market growth.
- Regional manufacturers, such as Berry Global Inc. and Bericap Holding GmbH, offer a broad range of caps and closures, including screw, flip-top, child-resistant, and tamper-evident options. These cater to diverse end-use industries like beauty, food, beverages, healthcare, and home care, further stimulating market growth.
- However, the food and beverage industry's increasing preference for lightweight standard pouches, especially for packaged foods and ready-to-drink beverages, is posing a challenge to the use of caps and closures in Benelux. These stand-up pouches, often with zippers or smaller closures, weigh less than traditional bottles and cans, leading to reduced shipping and handling costs, thus hindering the market's growth.
Benelux Plastic Caps and Closures Market Trends
Polyethylene (PE) Segment is Estimated to Have the Largest Market Share
- Plastic caps and closures, primarily made from durable polymers like polypropylene (PP) and polyethylene (PE), are instrumental in sealing containers across various industries. These closures, prevalent in sectors ranging from food and beverages (F&B) to pharmaceuticals, cosmetics, and household cleaning, are propelling the market's growth.
- The surge in demand for polyethylene (PE) in beverage packaging in the Benelux countries is directly linked to the region's rising tourism, notably in Belgium and the Netherlands. Concurrently, there's a noticeable uptick in the consumption of non-alcoholic beverages, including fruit juices, energy drinks, and ready-to-drink options. Consumers, increasingly adventurous, are seeking diverse flavor profiles, often found in beverages sealed with threaded caps made from polyethylene (PE) or polypropylene (PP).
- Caps and closures are not mere accessories in beverage packaging. They are essential guardians of beverage quality. These components, predominantly made from materials like polyethylene (PE), not only ensure product safety but also enhance consumer convenience with their easy-to-open and reseal features. Noteworthy technological advancements in plastic packaging have spurred a wave of innovation in the beverage caps and closures sector. Many companies in Belgium and the Netherlands are channeling investments into R&D, striving to develop distinctive and cost-effective solutions, leading to a surge in sector-wide innovations.
- Benelux favors polypropylene and polyethylene, especially for pharmaceutical and medical applications. Notably, Belgium, as per the International Trade Administration, stands as the world's fourth-largest exporter of pharmaceuticals, trailing only Germany, Switzerland, and the United States. In 2023, Belgium's exports of medical and pharmaceutical products were valued at USD 65.30 billion, marking a 6.21% increase from the previous year.
Food Segment Expected to Dominate the Market
- The Benelux region boasts a dynamic food landscape, offering a wide range of products in traditional brick-and-mortar stores and online platforms. These products are sourced from grocery outlets, wholesalers, markets, and food service establishments. Notably, the sustainable food market, focusing on organic products, has emerged as a pivotal growth area in the food retail sector. Moreover, there is consistent and strong demand for convenient, healthy, and innovative food items, further driving the need for caps and closures in the food and beverage sector.
- The rising appetite for processed foods, including sauces, snacks, and specialty items, in the Benelux region, which predominantly uses plastic caps and lids, is a significant driver of market growth. Data from the Government of Canada underscores this trend, highlighting the increasing demand for organic packaged foods in Belgium as consumers pivot towards healthier dietary choices, consequently amplifying the need for caps and closures.
- Insights from the US Department of Agriculture (USDA) reveal that, within the European Union, the Netherlands plays a pivotal role as a primary entry point for US products. The nation boasts a thriving community of specialized traders and food processors. The Netherlands' growing appetite for food products with distinct attributes and a strong emphasis on sustainable production is noteworthy. This has led to a notable uptick in the country's imports of consumer-oriented goods, which reached a value of USD 56.4 billion in 2023, marking a 6.62% increase from the previous year.
Benelux Plastic Caps and Closures Industry Overview
The Benelux plastic caps and closures market is consolidated, with players such as Berry Global Inc., Bericap Holding GmbH, Berlin Packaging Netherlands, and Kornelis Caps & Closures. To solidify their footprint in the market, the players focus on new product development, partnerships, mergers and acquisitions, and collaborations in the region.
In July 2024, Berry Global Inc., a US company operating in Belgium and the Netherlands, unveiled a line of innovative closures designed to dispense delicate liquids safely, all while minimizing air exposure. Their flagship product, the Politainer, crafted from polyethylene (PE), caters to a broad spectrum of items, from inks and chemicals to pharmaceuticals and cosmetics.
Benelux Plastic Caps and Closures Market Leaders
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Berry Global Inc.
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Bericap Holding GmbH
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Protective Industries Inc.
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Berlin Packaging Netherlands
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Kornelis Caps & Closures
*Disclaimer: Major Players sorted in no particular order
Benelux Plastic Caps and Closures Market News
- October 2023: Berry Global Inc., a US-based company operating in Belgium and the Netherlands, developed a lightweight tube closure, the Slimline range. The closure is available in different sizes and is manufactured using virgin polyethylene (PE) and polypropylene (PP). It can be used in a wide variety of personal care and pharmaceutical applications.
- April 2023: Bericap Holding GmbH, a German company with operations in the Netherlands, showcased its plastic closures at Interpack 2023 held in Dusseldorf. The company showcased a comprehensive product range of closures for industrial, food, and beverage applications.
Benelux Plastic Caps and Closures Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitutes Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growth in the Food and Beverage Industry
5.1.2 Increasing Product Innovation in the Market
5.2 Market Challenge
5.2.1 Rising Preference Towards Pouch Packaging Can Hamper the Market Growth
6. INDUSTRY REGULATION, POLICY AND STANDARDS
7. MARKET SEGMENTATION
7.1 By Resin
7.1.1 Polyethylene (PE)
7.1.2 Polyethylene Terephthalate (PET)
7.1.3 Polypropylene (PP)
7.1.4 Other Plastic Materials (Polystyrene, PVC, Polycarbonate, etc.)
7.2 By Product Type
7.2.1 Threaded - Screw Caps, Vacuum, etc.
7.2.2 Dispensing
7.2.3 Unthreaded - Overcaps, Lids, Aerosol-based Closures
7.2.4 Child-resistant
7.3 By End-Use Industries
7.3.1 Food
7.3.2 Beverage
7.3.2.1 Bottled Water
7.3.2.2 Carbonated Soft Drinks
7.3.2.3 Alcoholic Beverages
7.3.2.4 Juices & Energy Drinks
7.3.2.5 Other Beverages
7.3.3 Personal Care & Cosmetics
7.3.4 Household Chemicals
7.3.5 Other End-Use Industries
8. COMPETITIVE LANDSCAPE
8.1 Company Profiles*
8.1.1 Amcor Group GmbH
8.1.2 Bericap Holding GmbH
8.1.3 Berry Global Inc.
8.1.4 Protective Industries Inc.
8.1.5 Eurocap & Eurocork
8.1.6 Berlin Packaging Netherlands
8.1.7 Keizer International BV
8.1.8 Kornelis Caps & Closures
8.2 Heat Map Analysis
8.3 Competitor Analysis - Emerging vs. Established Players
9. RECYCLING & SUSTAINABILITY LANDSCAPE
10. FUTURE OUTLOOK
Benelux Plastic Caps And Closures Industry Segmentation
The scope of the study characterizes the plastic caps and closures market based on the raw materials of the product, including PP, PE, PET, and other raw materials used across various end-user industries, such as food, pharmaceuticals, beverages, cosmetics, and toiletries across various regions. The research also examines underlying growth influencers and significant industry vendors, all of which help to support market estimates and growth rates throughout the anticipated period. The market estimates and projections are based on the base year factors and arrive at top-down and bottom-up approaches.
The Benelux plastic caps and closures market is segmented by resin (polyethylene (PE), polyethylene terephthalate (PET), polypropylene (PP) and other plastic materials), by product type (threaded-screw caps, vacuum, etc., dispensing, unthreaded- over caps, lids, aerosol-based closures, and child-resistant), by end-use industries (food, beverage (bottled water, carbonated soft drinks, alcoholic beverages, juices and energy drinks and others), personal care and cosmetics, household chemicals, and other end-use industries). The market size and forecasts are provided in terms of volume (units) and revenue (USD) for all the above segments.
| By Resin | |
| Polyethylene (PE) | |
| Polyethylene Terephthalate (PET) | |
| Polypropylene (PP) | |
| Other Plastic Materials (Polystyrene, PVC, Polycarbonate, etc.) |
| By Product Type | |
| Threaded - Screw Caps, Vacuum, etc. | |
| Dispensing | |
| Unthreaded - Overcaps, Lids, Aerosol-based Closures | |
| Child-resistant |
| By End-Use Industries | |||||||
| Food | |||||||
| |||||||
| Personal Care & Cosmetics | |||||||
| Household Chemicals | |||||||
| Other End-Use Industries |
Benelux Plastic Caps and Closures Market Research FAQs
How big is the Benelux Plastic Caps And Closures Market?
The Benelux Plastic Caps And Closures Market size is expected to reach USD 1.39 billion in 2024 and grow at a CAGR of 3.21% to reach USD 1.63 billion by 2029.
What is the current Benelux Plastic Caps And Closures Market size?
In 2024, the Benelux Plastic Caps And Closures Market size is expected to reach USD 1.39 billion.
Who are the key players in Benelux Plastic Caps And Closures Market?
Berry Global Inc., Bericap Holding GmbH, Protective Industries Inc., Berlin Packaging Netherlands and Kornelis Caps & Closures are the major companies operating in the Benelux Plastic Caps And Closures Market.
What years does this Benelux Plastic Caps And Closures Market cover, and what was the market size in 2023?
In 2023, the Benelux Plastic Caps And Closures Market size was estimated at USD 1.35 billion. The report covers the Benelux Plastic Caps And Closures Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Benelux Plastic Caps And Closures Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Benelux Plastic Caps and Closures Industry Report
Statistics for the 2024 Benelux Plastic Caps And Closures market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Benelux Plastic Caps And Closures analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
