Market Share of China Plastic Caps and Closures Industry
The Chinese caps and closures market is growing in competition owing to the growing demand for packaged food products and the presence of several vendors in the country. The vendors operating in the market focus on horizontal and vertical integration to reduce the competition and further expand their market presence. Some major vendors operating in the market include Albea Group, Bericap GmbH, Aptar Group, and Berry Global Inc., among others.
- January 2022: Albéa introduced EcoFusion Top, an HDPE, two-in-one cap solution for personal care applications, reportedly offering a 'significant' weight reduction compared to standard tubes. The company claims its latest solution complies with the Ista-6 standard and is also adapted to the e-commerce market.
China Plastic Caps & Closures Market Leaders
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Albea Group
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Bericap Gmbh
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Berry Global Inc.
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Aptar Group Inc.
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Crown Asia Pacific Holdings Ltd
*Disclaimer: Major Players sorted in no particular order
