Market Share of Metal Caps & Closures Industry
The global metal caps and closures market is highly fragmented and competitive due to the presence of international vendors. Some of the key players in this market are Crown Holdings, O.Berk Company, Guala Closures S.P.A., and Amcor P.L.C., amongst others. Intense competition prevails in the market in terms of product differentiation, portfolio, and pricing. The rising demand for value-added closures and tamper resistance properties will augment the usage of metal caps and closures in various segments, primarily pharmaceuticals and beverages.
In July 2022, Guala Closures, a company that produced closures for various types of bottles, acquired Labrenta, a high-end closure specialist based in Vicenza. This acquisition was crucial for Guala Closures as it helped the company expand its reach in the luxury segment, thus making it a world leader in the industry.
Metal Caps & Closures Market Leaders
Crown Holdings Inc.
O.Berk Company
Pelliconi & C. SpA
Amcor PLC
Guala Closures S.P.A.
*Disclaimer: Major Players sorted in no particular order
