Freedonia In The News

Article Title: U.S. demand rising for caps and closures
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Publication: Plastics News, 10/13/2010
Freedonia Study: Caps & Closures (2688)

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U.S. demand for caps and closures is forecast to increase 4 percent per year to $9.5 billion in 2014, reaching 275 billion units, according to a new market study from Freedonia Group Inc. Trends driving sales growth include greater use of more expensive dispensing closures and child-resistant closures, as well as continued popularity of single-serve containers, especially in the beverage market.
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Article Title: Plastics account for 79% of total market and are expected to reach USD 9.5 bn in 2014 / Beverages fo
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Publication: Plastics Information Europe, 10/15/2010
Freedonia Study: Caps & Closures (2688)

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Demand for plastic caps and closures in the US is forecast to increase by 4.5% annually up to 2014, when the market will have a value of USD 7.7 bn (EUR 5.47 bn), according to a recently published report from US market researcher Freedonia (Cleveland, Ohio; www.freedoniagroup.com). The overall US caps and closures market is predicted to rise annually by 4.0% in the period, reaching USD 9.5 bn, or 275 bn units.
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Article Title: Closures more vital than ever
By: Dan Hockensmith
Publication: Plastics News, 10/4/2011
Freedonia Study: Caps & Closures (2688)

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Jeff Resnick, business development manager at Freedonia Custom Research in Cleveland, agrees that caps and closures adapted for use by the elderly will have much value in coming years. “The aging population has really expanded the demand for pharmaceuticals, so the ability to get the precise amount of medicine that they need and to help dispense the pill or the low-viscosity liquid is going to be the kind of value-added closure that’s going to grow the market,” he said Sept. 13 during the conference. Citing Freedonia studies published in October 2010 and January 2011, Resnick said that between 2009 and 2014, Freedonia sees tremendous potential for plastics caps and closures. Among the findings:
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