Global Push Pull Closures Market is segmented into Material Type (Polypropylene (PP), Polyethylene (PE), Thermosets, Other Material Types), Diameter (Above 44 mm, 34 mm – 44 mm, 24 mm – 34 mm, Up to 24 mm), End User (Cosmetic & Personal Care, Food & Beverages, Households, Pharmaceuticals, Other End Users), and Region (North America, Asia Pacific, Europe, South America, Middle East & Africa) is expected to reach US$ XX Bn by 2026, at a CAGR of 6.4% during a forecast period.
The increase in the consumption levels of various end-use industries like food & beverage, pharmaceuticals, & household goods is expected to increase the demand for push pull closures.
A rise in consumer spending on convenience products is expected to boost the global push pull closures market. The sports bottles market is growing at a good CAGR value globally, owing to the changing consumer habits. Barrier properties of sports bottles ensure hygiene and are preferred by customers. The increase in demand for smaller bottles owing their compactness drives the push pull closures market.
Polypropylene (PP) segment is expected to grow at the highest CAGR during the forecast period.
Polypropylene segment holds the major growth during the forecast period owing to growing consumer orientation towards sanitation and raising the sales of sports bottles. An increase in consumer orientation towards hygiene is expected to boost the growth of the global push pull closures market. The upsurge in the sales of sports bottles will create further growth opportunities for the global push pull closures market.
The Asia Pacific is expected to be the leading region in the Global Push Pull Closures Market during the forecast period.
The Asia Pacific holds the biggest market share during the forecast period owing to increasing consumption of beverages and developing economies. However, North America is expected to make a good demand for push pull closures. Also, in the Latin America region, Brazil is likely to grow as well.
Key players operating the Global Push Pull Closures Market are Closure Systems International, Inc., Mold-Rite Plastics, LLC, Georg MENSHEN GmbH & Co. KG, CL Smith Company, Global Closure Systems, Bericap GmbH and Co KG, Closure Systems International, Inc., O. Berk Company LLC, Silgan Plastic Closures Solutions, RPC.M&H Plastics. Ltd., Global Closure Systems. , Amcor Limited, United Caps Luxembourg S.A, Jiangsu Changjiang Lids Co., Ltd, Blackhawk Molding Co. Inc.
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