News - Ceresana

News - Ceresana

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News - Ceresana

Newsgrafik #35666
 14.01.2020

On the go: Ceresana analyzes the European market for plastic caps and closures  (Company news)

Changing lifestyles and new consumer generations revolutionize the packaging market. “The uninterrupted trend towards on-the-go products, for example, is boosting the demand for resealable packaging, especially in the food sector,” explains Oliver Kutsch, CEO of the market research institute Ceresana. “On the other hand, more and more countries try to reduce waste and promote reusable bottles or recycling.” For the third time, Ceresana has analyzed the European market for plastic caps and closures, from beverages and food items, cosmetics and pharmaceuticals (OTC) to household chemicals and other applications. Various subcategories and closure types are examined in detail. With regard to the number of units sold, Ceresana expects an increase in European sales of lids, overcaps, flip-top closures, dispensers, and other closures of around 2.4 % per year until 2026.

Closures for flexible packaging
Plastic caps and closures are becoming increasingly popular on the market for flexible packaging. Stand-up pouches are light, handy, save raw materials, and offer versatile design and print options. In the beginning, they were lacking practical spout openings and could not be resealed. By now, however, there is a wide array of suitable stand-up pouches with integrated and resealable spouts for liquids, viscous materials, creams, and other applications. Due to the small size of these closures alone, manufacturers have to meet different requirements than those for traditional screw caps.

Unquenched thirst for mineral water
Each application area requires specific closure properties. This also has an effect on the design, raw material, and choice of cap. In addition to the change in packaging types such as the trend towards stand-up pouches, other factors also influence the demand for plastic caps and closures. Consumer health concerns and state taxes on sugary beverages inhibit the demand for carbonated soft drinks or fruit juices in many countries. By contrast, demand for packaged water will likely continue to show high growth rates in the coming years. In the food sector, ready meals and other convenience foods in particular constitute expanding markets. However, the individual parameters and the resulting market dynamics can vary considerably from region to region.

Strong growth for lids and overcaps in the food sector
This market study examines the demand for the following types of plastic closures in 22 countries (e.g. Russia, Switzerland, and Turkey): “screw caps”, “flip-top and disc-top closures”, “dispensers and sprays”, as well as “lids and overcaps”. Plastic lids and overcaps are recording high growth rates, especially in the food sector. A wide range of ready meals, which are often made for consumption on the go, are equipped with these types of closures. The trend towards convenience products currently leads to a significant increase in demand - with no end in sight for this development.
(Ceresana)

Newsgrafik #33322
 04.12.2017

Market Study: Plastic Containers - Europe  (Company news)

Plastic containers are available in the most diverse designs, shapes, and materials and can be used in a wide variety of applications. These products of daily life are the result of continuous research and optimization; the requirements are constantly increasing. This study focuses on plastic containers. Bags or similar flexible packaging are not included in the market data. In many applications, plastics replace other materials such as glass or metal due to their many useful properties: Ceresana forecasts the European market of plastic containers to reach a volume of more than 12.4 million tonnes in 2024.

PET Discovers New Areas of Application
PET packaging already reached high market shares in the segments CSD (carbonated soft drinks) and packaged water. Now, PET bottles and other containers also enter other segments, such as food, fruit juices, and household chemicals (e.g. detergents). Their positive properties are the reason for that: They weigh comparatively little, are recyclable, do not break, and offer high clarity. The gas barrier properties and protection against UV radiation continue to improve. Especially in the segment food, PET containers are a growth market. Thus, Ceresana’s analysts expect demand for PET containers in this segment, for example, in Poland to rise by an impressive 4.6 % per year.

State Regulations Change the Market
Time and again, new laws and regulations bring about changes for the market. For manufacturers and dealers, it is crucial to make decisions at an early stage and to quantify their consequences. An example are the new regulations for PET bottles for alcoholic beverages in Russia.

Convenience and Sustainability
Besides overall state regulations and economic development, the market for plastic containers is subject to a range of further influences. The beverage market in particular, including the packaging structure, income development, and social trends, must be taken into account. Urbanization and demographic change are accompanied with changing consumption patterns. In some segments, plastics are replacing traditional materials. At the same time, rigid plastic containers also face an increasing competition by bags and other flexible plastic packaging solutions. Other trends such as convenience, rising number of women in employment, sustainability or light weighting also influence the market and require an intensive examination of the market mechanisms.
(Ceresana eK)

Last database update: 02.06.2020 16:40 © 2004-2020, Birkner GmbH & Co. KG