PCR Closures Market Key Findings by 2031
Post-consumer resins (PCR) material is made from the process of recycling plastic materials that have completed their life cycle and are considered as wastes. Post-consumer resin (PCR) includes consumer packaging items such as plastic film, bottles, milk jugs, buckets, and also industrial packaging items such as IBC totes and poly drums. These items can be reprocessed into recycled plastic that’s used to make new products. The consistent efforts of manufacturers to reduce their carbon footprint has led to incremental growth in the application of PCR in the packaging industry.
MARKET DYNAMICS
The increasing restrictions and regulations imposed on the consumption of plastics have increased the demand for PCR closures, which is driving the market growth. Further, the rising demand for packaging products for several beverage products throughout the globe is accelerating the need for PCR. Moreover, the growing environmental awareness and effort to reduce carbon footprint in various countries is expected to propel the PCR closures market's growth in forecast years.
MARKET SCOPE
The “Global PCR Closures Market Analysis to 2031” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the PCR closures market with detailed market segmentation by type, application, distribution channel, and geography. The global PCR closures market is expected to witness notable growth during the forecast period. The report provides key statistics on the market status of the leading PCR closures market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global PCR closures market is segmented on the basis of material type and application. Based on material type, the global PCR closures market is segmented into nylon, polyester, and others. On the basis of application, the market is segmented commercial and residential .
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global PCR closures market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The PCR closures market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the PCR closures market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the PCR closures market in these regions.
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global PCR closures market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The PCR closures market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the PCR closures market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the PCR closures market in these regions.
MARKET PLAYERS
The reports cover key developments in the PCR closures market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from PCR closures market are anticipated to lucrative growth opportunities in the future with the rising demand for PCR closures in the global market. Below mentioned is the list of few companies engaged in the PCR closures market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the PCR closures market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BK-BAGS
- Direct Imex Ltd
- Hebei Yifelt Import & Export Co., Ltd.
- Huahao Nonwovens Co., Ltd.
- KentPack
- Polyplex
- REBAGS.GR
- Rovi Packaging, S.A.
- Surya Laxmi Industries
- Wild Innovation Private Limited
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1PCR Closures Market - By Resin type
1.3.2PCR Closures Market - By Product Type
1.3.3PCR Closures Market - By End-user
1.3.4PCR Closures Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.PCR CLOSURES MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.PCR CLOSURES MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.PCR CLOSURES MARKET - GLOBAL MARKET ANALYSIS
6.1.PCR CLOSURES - GLOBAL MARKET OVERVIEW
6.2.PCR CLOSURES - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING
7.PCR CLOSURES MARKET - REVENUE AND FORECASTS TO 2028 â" RESIN TYPE
7.1.OVERVIEW
7.2.RESIN TYPE MARKET FORECASTS AND ANALYSIS
7.3.POLYPROPYLENE (PP)
7.3.1.Overview
7.3.2.Polypropylene (PP) Market Forecast and Analysis
7.4.POLYETHYLENE (PE)
7.4.1.Overview
7.4.2.Polyethylene (PE) Market Forecast and Analysis
7.5.POLYETHYLENE TEREPHTHALATE (PET)
7.5.1.Overview
7.5.2.Polyethylene Terephthalate (PET) Market Forecast and Analysis
7.6.OTHERS
7.6.1.Overview
7.6.2.Others Market Forecast and Analysis
8.PCR CLOSURES MARKET - REVENUE AND FORECASTS TO 2028 â" PRODUCT TYPE
8.1.OVERVIEW
8.2.PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
8.3.DISPENSING CAPS
8.3.1.Overview
8.3.2.Dispensing caps Market Forecast and Analysis
8.4.SCREW-ON CAPS
8.4.1.Overview
8.4.2.Screw-on caps Market Forecast and Analysis
8.5.OTHERS
8.5.1.Overview
8.5.2.Others Market Forecast and Analysis
9.PCR CLOSURES MARKET - REVENUE AND FORECASTS TO 2028 â" END-USER
9.1.OVERVIEW
9.2.END-USER MARKET FORECASTS AND ANALYSIS
9.3.PHARMACEUTICAL
9.3.1.Overview
9.3.2.Pharmaceutical Market Forecast and Analysis
9.4.FOOD AND BEVERAGE
9.4.1.Overview
9.4.2.Food and Beverage Market Forecast and Analysis
9.5.PERSONAL CARE
9.5.1.Overview
9.5.2.Personal Care Market Forecast and Analysis
9.6.AUTOMOTIVE
9.6.1.Overview
9.6.2.Automotive Market Forecast and Analysis
9.7.OTHERS
9.7.1.Overview
9.7.2.Others Market Forecast and Analysis
10.PCR CLOSURES MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America PCR Closures Market Overview
10.1.2North America PCR Closures Market Forecasts and Analysis
10.1.3North America PCR Closures Market Forecasts and Analysis - By Resin type
10.1.4North America PCR Closures Market Forecasts and Analysis - By Product Type
10.1.5North America PCR Closures Market Forecasts and Analysis - By End-user
10.1.6North America PCR Closures Market Forecasts and Analysis - By Countries
10.1.6.1United States PCR Closures Market
10.1.6.1.1United States PCR Closures Market by Resin type
10.1.6.1.2United States PCR Closures Market by Product Type
10.1.6.1.3United States PCR Closures Market by End-user
10.1.6.2Canada PCR Closures Market
10.1.6.2.1Canada PCR Closures Market by Resin type
10.1.6.2.2Canada PCR Closures Market by Product Type
10.1.6.2.3Canada PCR Closures Market by End-user
10.1.6.3Mexico PCR Closures Market
10.1.6.3.1Mexico PCR Closures Market by Resin type
10.1.6.3.2Mexico PCR Closures Market by Product Type
10.1.6.3.3Mexico PCR Closures Market by End-user
10.2.EUROPE
10.2.1Europe PCR Closures Market Overview
10.2.2Europe PCR Closures Market Forecasts and Analysis
10.2.3Europe PCR Closures Market Forecasts and Analysis - By Resin type
10.2.4Europe PCR Closures Market Forecasts and Analysis - By Product Type
10.2.5Europe PCR Closures Market Forecasts and Analysis - By End-user
10.2.6Europe PCR Closures Market Forecasts and Analysis - By Countries
10.2.6.1Germany PCR Closures Market
10.2.6.1.1Germany PCR Closures Market by Resin type
10.2.6.1.2Germany PCR Closures Market by Product Type
10.2.6.1.3Germany PCR Closures Market by End-user
10.2.6.2France PCR Closures Market
10.2.6.2.1France PCR Closures Market by Resin type
10.2.6.2.2France PCR Closures Market by Product Type
10.2.6.2.3France PCR Closures Market by End-user
10.2.6.3Italy PCR Closures Market
10.2.6.3.1Italy PCR Closures Market by Resin type
10.2.6.3.2Italy PCR Closures Market by Product Type
10.2.6.3.3Italy PCR Closures Market by End-user
10.2.6.4United Kingdom PCR Closures Market
10.2.6.4.1United Kingdom PCR Closures Market by Resin type
10.2.6.4.2United Kingdom PCR Closures Market by Product Type
10.2.6.4.3United Kingdom PCR Closures Market by End-user
10.2.6.5Russia PCR Closures Market
10.2.6.5.1Russia PCR Closures Market by Resin type
10.2.6.5.2Russia PCR Closures Market by Product Type
10.2.6.5.3Russia PCR Closures Market by End-user
10.2.6.6Rest of Europe PCR Closures Market
10.2.6.6.1Rest of Europe PCR Closures Market by Resin type
10.2.6.6.2Rest of Europe PCR Closures Market by Product Type
10.2.6.6.3Rest of Europe PCR Closures Market by End-user
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific PCR Closures Market Overview
10.3.2Asia-Pacific PCR Closures Market Forecasts and Analysis
10.3.3Asia-Pacific PCR Closures Market Forecasts and Analysis - By Resin type
10.3.4Asia-Pacific PCR Closures Market Forecasts and Analysis - By Product Type
10.3.5Asia-Pacific PCR Closures Market Forecasts and Analysis - By End-user
10.3.6Asia-Pacific PCR Closures Market Forecasts and Analysis - By Countries
10.3.6.1Australia PCR Closures Market
10.3.6.1.1Australia PCR Closures Market by Resin type
10.3.6.1.2Australia PCR Closures Market by Product Type
10.3.6.1.3Australia PCR Closures Market by End-user
10.3.6.2China PCR Closures Market
10.3.6.2.1China PCR Closures Market by Resin type
10.3.6.2.2China PCR Closures Market by Product Type
10.3.6.2.3China PCR Closures Market by End-user
10.3.6.3India PCR Closures Market
10.3.6.3.1India PCR Closures Market by Resin type
10.3.6.3.2India PCR Closures Market by Product Type
10.3.6.3.3India PCR Closures Market by End-user
10.3.6.4Japan PCR Closures Market
10.3.6.4.1Japan PCR Closures Market by Resin type
10.3.6.4.2Japan PCR Closures Market by Product Type
10.3.6.4.3Japan PCR Closures Market by End-user
10.3.6.5South Korea PCR Closures Market
10.3.6.5.1South Korea PCR Closures Market by Resin type
10.3.6.5.2South Korea PCR Closures Market by Product Type
10.3.6.5.3South Korea PCR Closures Market by End-user
10.3.6.6Rest of Asia-Pacific PCR Closures Market
10.3.6.6.1Rest of Asia-Pacific PCR Closures Market by Resin type
10.3.6.6.2Rest of Asia-Pacific PCR Closures Market by Product Type
10.3.6.6.3Rest of Asia-Pacific PCR Closures Market by End-user
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa PCR Closures Market Overview
10.4.2Middle East and Africa PCR Closures Market Forecasts and Analysis
10.4.3Middle East and Africa PCR Closures Market Forecasts and Analysis - By Resin type
10.4.4Middle East and Africa PCR Closures Market Forecasts and Analysis - By Product Type
10.4.5Middle East and Africa PCR Closures Market Forecasts and Analysis - By End-user
10.4.6Middle East and Africa PCR Closures Market Forecasts and Analysis - By Countries
10.4.6.1South Africa PCR Closures Market
10.4.6.1.1South Africa PCR Closures Market by Resin type
10.4.6.1.2South Africa PCR Closures Market by Product Type
10.4.6.1.3South Africa PCR Closures Market by End-user
10.4.6.2Saudi Arabia PCR Closures Market
10.4.6.2.1Saudi Arabia PCR Closures Market by Resin type
10.4.6.2.2Saudi Arabia PCR Closures Market by Product Type
10.4.6.2.3Saudi Arabia PCR Closures Market by End-user
10.4.6.3U.A.E PCR Closures Market
10.4.6.3.1U.A.E PCR Closures Market by Resin type
10.4.6.3.2U.A.E PCR Closures Market by Product Type
10.4.6.3.3U.A.E PCR Closures Market by End-user
10.4.6.4Rest of Middle East and Africa PCR Closures Market
10.4.6.4.1Rest of Middle East and Africa PCR Closures Market by Resin type
10.4.6.4.2Rest of Middle East and Africa PCR Closures Market by Product Type
10.4.6.4.3Rest of Middle East and Africa PCR Closures Market by End-user
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America PCR Closures Market Overview
10.5.2South and Central America PCR Closures Market Forecasts and Analysis
10.5.3South and Central America PCR Closures Market Forecasts and Analysis - By Resin type
10.5.4South and Central America PCR Closures Market Forecasts and Analysis - By Product Type
10.5.5South and Central America PCR Closures Market Forecasts and Analysis - By End-user
10.5.6South and Central America PCR Closures Market Forecasts and Analysis - By Countries
10.5.6.1Brazil PCR Closures Market
10.5.6.1.1Brazil PCR Closures Market by Resin type
10.5.6.1.2Brazil PCR Closures Market by Product Type
10.5.6.1.3Brazil PCR Closures Market by End-user
10.5.6.2Argentina PCR Closures Market
10.5.6.2.1Argentina PCR Closures Market by Resin type
10.5.6.2.2Argentina PCR Closures Market by Product Type
10.5.6.2.3Argentina PCR Closures Market by End-user
10.5.6.3Rest of South and Central America PCR Closures Market
10.5.6.3.1Rest of South and Central America PCR Closures Market by Resin type
10.5.6.3.2Rest of South and Central America PCR Closures Market by Product Type
10.5.6.3.3Rest of South and Central America PCR Closures Market by End-user
11.INDUSTRY LANDSCAPE
11.1.MERGERS AND ACQUISITIONS
11.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3.NEW PRODUCT LAUNCHES
11.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12.PCR CLOSURES MARKET, KEY COMPANY PROFILES
12.1.BERRY GLOBAL INC.
12.1.1.Key Facts
12.1.2.Business Description
12.1.3.Products and Services
12.1.4.Financial Overview
12.1.5.SWOT Analysis
12.1.6.Key Developments
12.2.APTARGROUP, INC.
12.2.1.Key Facts
12.2.2.Business Description
12.2.3.Products and Services
12.2.4.Financial Overview
12.2.5.SWOT Analysis
12.2.6.Key Developments
12.3.O.BERK
12.3.1.Key Facts
12.3.2.Business Description
12.3.3.Products and Services
12.3.4.Financial Overview
12.3.5.SWOT Analysis
12.3.6.Key Developments
12.4.SILGAN DISPENSING SYSTEMS
12.4.1.Key Facts
12.4.2.Business Description
12.4.3.Products and Services
12.4.4.Financial Overview
12.4.5.SWOT Analysis
12.4.6.Key Developments
12.5.WEENER PLASTICS GROUP BV
12.5.1.Key Facts
12.5.2.Business Description
12.5.3.Products and Services
12.5.4.Financial Overview
12.5.5.SWOT Analysis
12.5.6.Key Developments
12.6.CLOSURE SYSTEMS INTERNATIONAL INC.
12.6.1.Key Facts
12.6.2.Business Description
12.6.3.Products and Services
12.6.4.Financial Overview
12.6.5.SWOT Analysis
12.6.6.Key Developments
12.7.DRUG PLASTICS GROUP
12.7.1.Key Facts
12.7.2.Business Description
12.7.3.Products and Services
12.7.4.Financial Overview
12.7.5.SWOT Analysis
12.7.6.Key Developments
12.8.RPC GROUP PLC.
12.8.1.Key Facts
12.8.2.Business Description
12.8.3.Products and Services
12.8.4.Financial Overview
12.8.5.SWOT Analysis
12.8.6.Key Developments
12.9.GERRESHEIMER AG
12.9.1.Key Facts
12.9.2.Business Description
12.9.3.Products and Services
12.9.4.Financial Overview
12.9.5.SWOT Analysis
12.9.6.Key Developments
12.10.RAEPAK LTD.
12.10.1.Key Facts
12.10.2.Business Description
12.10.3.Products and Services
12.10.4.Financial Overview
12.10.5.SWOT Analysis
12.10.6.Key Developments
13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
1. Berry Global Inc.
2. AptarGroup, Inc.
3. O.Berk
4. Silgan Dispensing Systems
5. Weener Plastics Group BV
6. Closure Systems International Inc.
7. Drug Plastics Group
8. RPC Group Plc.
9. Gerresheimer AG
10. Raepak Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For