Freedonia In The News

Article Title: World demand for caps & closures to reach $46 billion in 2016
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Publication: Food & Beverage Packaging, 3/6/2013
Freedonia Study: World Caps & Closures (2986)

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World demand for caps and closures is projected to rise 5.3 percent per year to $46 billion in 2016. Value gains will be supported by raw material price increases and greater use of value-added closures such as dispensing, child-resistant, and tamper-evident types. Unit advances will be driven by the continued popularity of single-serving bottles in the beverage market and further inroads by plastic containers into closureless packaging segments such as metal cans. These and other trends are presented in World Caps & Closures, a new study from The Freedonia Group, Inc. (www.freedoniagroup.com), a Cleveland-based industry market research firm.
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Article Title: Global demand to reach USD 46 bn by 2016 / Plastics expected to make largest gains / Market driven b
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Publication: PIE Plastics Information Europe, 2/19/2013
Freedonia Study: World Caps & Closures (2986)

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Global demand to reach USD 46 bn by 2016 / Plastics expected to make largest gains / Market driven by developing economies / Latest Freedonia report
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Article Title: Short-term global caps and closures market will be booming
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Publication: Canadian Plastics , 2/15/2013
Freedonia Study: World Caps & Closures (2986)

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World demand for caps and closures is projected to rise 5.3 percent per year to US$46 billion in 2016, with volume demand reaching 1.9 trillion units, according to a new study by market research firm The Freedonia Group. “Beverages will remain by far the single largest cap and closure market, with gains supported by the continued popularity of single-serving beverages and the widening presence of plastic bottles in markets once dominated by metal cans,” the study concluded.
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Article Title: World demand for caps & closures to reach $46 billion in 2016
By:
Publication: Food & Beverage Packaging, 3/6/2013
Freedonia Study: World Caps & Closures (2986)

Quote from article
World demand for caps and closures is projected to rise 5.3 percent per year to $46 billion in 2016. Value gains will be supported by raw material price increases and greater use of value-added closures such as dispensing, child-resistant, and tamper-evident types. Unit advances will be driven by the continued popularity of single-serving bottles in the beverage market and further inroads by plastic containers into closureless packaging segments such as metal cans. These and other trends are presented in World Caps & Closures, a new study from The Freedonia Group, Inc. (www.freedoniagroup.com), a Cleveland-based industry market research firm.
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Article Title: World demand for caps & closures to reach $46 billion in 2016
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Publication: Plastics News Today, 2/19/2013
Freedonia Study: World Caps & Closures (2986)

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The world demand for caps and closures is projected to rise 5.3% per year to reach $46 billion in 2016, according to a new study from The Freedonia Group. The study cites value gains will be supported by raw material price increases and greater use of value-added closures such as dispensing, child-resistant and tamper-evident types. In addition, the increase is driven by the continued popularity of single-serving bottles in the beverage market and further inroads by plastic containers into closureless packaging segments such as metal cans.
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