APAC Plastic Caps and Closure Industry Overview
The market for caps and closures in Asia-Pacific is highly competitive due to the presence of major international and local players in the region. The competition in terms of cost and innovation serves as a major barrier for new entrants in the market.
- February 2020 - The company announced its plan to open the 327,000 sq. ft facility in the Kentucky Transpark in spring 2021. Its subsidiary, Crown Cork & Seal USA Inc., is expected to own and operate the advanced-manufacturing plant. The facility plant may initially manufacture 1.3 billion cans/year, at a rate of 2,800 cans/minute.
APAC Plastic Caps and Closure Market Leaders
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Albea Group
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Amcor Ltd
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AptarGroup Inc.
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Crown Holdings Inc.
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Berry Global Inc.
- *Disclaimer: Major Players sorted in no particular order
