Market Share of Europe Metal Closures Industry
The competitive landscape of the European Metal Closures Market is moderately consolidated, owing to the presence of certain major manufacturers in the region such as Herti JSC, Guala Closures Group, Sonoco Product Company, and Pelliconi & C. SpA, amonsgt others. The market players are forming strategic partnerships and collaborations to boost the market growth. Also, the region is witnessing the entry of several global players in the region as the region provides lucrative opportunities for growth.
- October 2019 - SABIC, a global company in the chemicals industry opened a new Technology and Innovation Center dedicated to the caps and closures segment in Geleen, the Netherlands. The Technology and Innovation Center is located in SABIC's Global Technology Center for Europe on the Chemelot Campus. This investment isexpected to aid SABIC's commitment to the industry to develop new materials and technologies focused on caps and closures.
- September 2019 - Berlin Packaging, a supplier of glass, plastic, and metal containers and closures, acquired Vetroservice srl, a packaging supplier strategically located in central Italy's food and olive oil region. This will help the company in expanding operations to serve as an important supplier of glass packaging for the food and wine markets.
Europe Metal Closures Market Leaders
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Crown Holdings Incorporated
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Herti JSC
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Guala Closures Group
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Sonoco Products Company
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Pelliconi & C. SpA
*Disclaimer: Major Players sorted in no particular order
