Global market to grow by 5.6% per year to 2019 / Sophisticated products to boost growth / Freedonia

摘要

Global demand for caps and closures is forecast to grow by 5.6% per year to USD 58 bn (EUR 53.6 bn) in 2019, lifted by increased use of sophisticated closure products for pharmaceutical and beauty packaging, says Freedonia (Cleveland, Ohio / USA; www.freedoniagroup.com). In terms of units, demand is expected to rise by 4% per year to 2.21 trn, the market researcher says in a new report. Growth in the developing world will be faster than in developed markets, although growth opportunities also exist in the US and western Europe.