The global caps & closures market is growing at CAGR of 4.9%-5.9% rate annually and is projected to reach US$68.71 billion size by 2021. Aluminium caps and closures market, when studied in the context of this growth, can be seen slowing down moderately because of the rising demand of plastic caps & closures, corks, and a faster shift to PET-disposable bottles. Although aluminium still remains the most viable packaging material in terms of lightness, formability, effective barrier quality, and recyclability (read- environmental friendliness), rising competition from a number of new-age packaging materials is making it somewhat unattractive to the bottle makers.
Nevertheless, there are silver linings- China’s beer packaging sector, for example, is shifting to aluminium cans. With one of the world’s biggest aluminium consumer markets supporting aluminium packaging, the sector is expected to see renewed growth in the years to come.
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Aluminium caps & closures market is dominated by big names like Amcor, Remy Caps, Alcopack, Federfintech, DGS, Herti, and United Closure. Besides, there are many more manufacturers who are expanding their product lines rapidly.
Below is the list of top five promising aluminium caps & closures manufacturers in the world, identified on the basis of their market reach and depth of product lines. (Please note the list here in this short market study is dynamic, and may change for different parameters and market conditions).
1. Aludium
A leading manufacturer of aluminium closures and bottle caps, Aludium serves Cosmetic packaging, Pharmacy and para-pharmacy packaging, Food cans, and Semi-rigid containers markets in Europe and other parts of the world. Its main products include ROPPs (Roll-On Pilfer- Proof) and Screw-ons- both long and short varieties for the liquor, wine, water and oil & vinegar, non-carbonated and soft carbonated drinks sectors. The company has manufacturing units in France, Spain and the Netherlands. All of its products and processes comply with US Food and Drug Administration (FDA) and European directives.
2. Alutop
India’s Alutop manufactures aluminium pilfer-proof caps and aluminium printed sheets for use in the pharmaceutical and food and beverage sectors. Besides captive consumption of aluminium printed sheets, the company also supplies printed aluminium sheets to other manufacturers of aluminium PP caps. It is headquartered in Bengaluru and has manufacturing units in the industrial suburb of Peenya and a place 70 kilometres away from the city centre.
All of Alutop’s production facilities are equipped to produce and deliver up to five million closures per day, in varying sizes from 20 mm to 53 mm. The firm also owns metal printing facilities, and therefore, can meet requirements of printed closures of various types.
3. RPC Group (PET Power)
RPC Group’s PET Power recently expanded its closure product portfolio with the introduction new aluminium closures. The closure features unique cap integrating a decorative hook, which can be used for a variety of fun applications. PET Power is offering the aluminium closures in different sizes and colours, helping customers to coordinate the cap with all other elements to create a fully integrated finished pack. The aluminium closures with ribbed sides and retractable edges on the underside can also be customised as per specific customer requirements.
4. Hicap Closures
Hicap is one of the thousands of Chinese metal caps & closures manufacturers who are dominating the market in Asia. Founded in the year 2000 in Yantai, China, the company has grown enormously to emerge as leading aluminium caps and closures suppliers to the liquor, wine, drink and oil industries. It is the only supplier of Diageo in China. Hicap’s major products include wine screw cap, spirit caps, yellow wine caps, caps for pharmaceutical products, and oil bottle caps.
5. Manaksia
Aluminium Roll-On-Pilfer-Proof (ROPP) Closures made by Manaksia are internationally accepted sealing devices which are fitted on glass, plastic and metal containers to prevent pilferage. Crafted from high quality aluminium with surface decoration of international standard, these aluminium closures ensure superior barrier function once fitted back on the bottle after part consumption of the product.
Manaksia Industries Limited is a multi-division and multi-location Indian conglomerate who has come a long way from being a humble metal closure manufacturer to one of Asia’s leading packaging companies. It has three manufacturing plants in West Bengal, one in Silvasa, and another one in Telengana, India.
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