The plastic cap mold market is a market with huge demand, multiple market segments, and competitive pressure. This article analyzes the current opportunities and challenges for plastic caps and caps.
According to the AMI survey, a total of 200 billion bottle caps were produced in the European market in 2008, achieving an annual growth of 6% over the period of 2006-2008. One-piece (integral) HDPE caps have grown more significantly, with an annual growth rate of 9% over the same period and accounted for 65% of the beverage bottle caps. In 2004, this number was 55%. The rapid growth of HDPE one-piece caps has benefited from the reduction of product cost and weight, which will become more apparent when the economy improves.

Non-standard caps represent high value-added products in caps. These high value-added products include sports caps, flexible packaging nozzles (see big bag of yogurt), paper cup lids (see coffee shop) and flat lids. The large increase in the demand for sports caps has led to the overall growth of non-standard caps. Non-standard caps account for about 55% of the cap market, and standard caps account for 45%.

The European plastic bottle cap market is a mature market, and the market environment is more complex for the companies in which it is located. Although the market growth rate is not fast, the development prospects of plastic bottle caps are widely optimistic and opportunities and challenges coexist.

In the next five years, the following innovations will determine the demand for plastic caps and caps in the European market:

1. Develop products that meet the needs of more foods

2. Develop more consumer-friendly products

3. Revisit the supply strategy of the beverage industry

4. Clear the non-competitive players in the industry

5. Plastic bottle cap industry creates an environmentally friendly image

For the food industry in the non-beverage industry, the pace of change is approaching. The tendency for glass packaging to be replaced by blow-molded packaging has intensified, repeating the history of the beverage industry. This development trend has made it possible to standardize non-food cap products, such as caps and caps for liquid foods. By maximizing the production of standardized products and high value-added products, suppliers can increase industrial output value.

The emergence of heat-resistant PET products, anti-reflective PP and multi-layer co-extruded materials has opened up new horizons for plastic caps and caps, such as juices, sauces, soups and baby foods. Previously they used glass containers and steel vacuum covers. Future opportunities arise in cold filling applications such as honey products. This will help to expand the application of European plastic cap products in the food industry.

For the non-food industry, cap products are valued by more and more brand owners for product appearance, personalization, and convenience of transportation. The demand for cap products in the non-food industry is also driven by these unique roles, while bringing more profitable returns to cap producers than other packaging components.

In order to adapt to this trend, European manufacturers of plastic caps are also actively developing. Development trends include:

1. There is no professional production company, each company is fully increasing the added value of products

2. Purchasing outside the European market

3. The trend of using consumer goods to reduce costs with overall procurement challenges the local cap market again

The global trend in the production and procurement of plastic cap products will challenge European market suppliers in the future, but in the face of these threats, European suppliers should strive to see and seize the opportunities rather than face the crisis and be busy defending.

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