Plastic products in general and plastic bottle caps in particular appear in all fields, especially the household goods industry. The market share and scale of plastic bottle caps have continued to grow steadily in recent years. They are divided into many segments and possess unique characteristics. Therefore, the scale and potential of manufacturers of plastic bottle caps will continue to increase strongly in 2024. In the article below, EuroPlas will evaluate in detail the plastic bottle cap market and new trends in 2025.
1. Market potential for plastic bottle caps
If in 2019, the number of plastic bottle caps globally reaches 1683,73 billions, this is a very large number proving the popularity and outstanding success of this industry. In addition, MarketsandMarkets statistics show that the global plastic bottle cap market has changed positively, increasing from 49.8 billion USD to nearly 70 billion USD in 2021. Therefore, the CARG index of plastic bottle caps in 2021 increases to 6%. Based on those specific figures, plastic manufacturers have predicted that the output of plastic bottles will continue to impress with about 2095.21 billion in 2025. Furthermore, 5.62 - 6% is the growth rate. Expected growth in 5 years from 2020 to 2025.
That is the reason why the role of plastic handles in the market is increasingly growing and cannot be replaced. In particular, bottle holders in general and plastic bottle caps in particular not only protect the products inside from environmental impacts but also minimize breakage and shortages during transportation.
Plastic bottle cap market continues to grow strongly
In particular, plastic bottle caps are often produced from a variety of types such as PET, HDPE, LDPE, PP or PC. These are types of plastic whose price is not too high, but the quality and durability are still very stable. What's more, they have been tested in laboratories and are safe for consumers' health. Therefore, manufacturers are also flexible in choosing fuel sources and producing large quantities.
That is the reason why the plastic bottle cap market potential does not decrease, but on the contrary, it grows significantly over time.
2. Plastic bottle cap market segmentation
Based on the market data above, we can see that the trend of using and producing plastic bottle caps is always increasing in a positive direction. In addition, to adapt to the market and customers' needs, manufacturers are constantly innovating and upgrading plastic bottle caps. Nowadays, recycling attributes have been an important part of this product to contribute to solving environmental problems and expanding market segments.
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According to a report by Future Market Insights (FMI) in 2019, the market segment holding plastic bottles is most distributed in the food & beverage (F&B) industry group. This is further evidenced because the global plastic bottle cap market volume in this industry accounts for 18 billion USD.
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Ranked right behind the food industry is the cosmetics - beauty and personal care industry. FMI also reports that plastic corks achieved impressive growth of 5%, giving them about a quarter of the market share. In third place are household products.
Plastic bottle caps are designed in many shapes and colors to serve each separate field.
3. Main types of plastic bottle caps
In each industry, plastic bottle caps will be designed separately for each different type of plastic material. EuroPlas will summarize for customers the main types of plastic bottle caps. Currently, there are 6 common types of plastic used to produce plastic dividing lids.
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PET plastic: This type of plastic has durable properties and is quite light in weight, so it is used to produce soft drink bottle caps so that they are not affected by the gas inside.
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HDPE plastic: They have the characteristics of flexibility as well as a fairly hard surface. However, the weight of HDPE is quite light. Therefore, HDPE plastic lids are used for products such as milk bottles, hard plastic bottles or detergent bottles.
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LDPE plastic: Soft and flexible are two outstanding characteristics of LDPE plastic. Besides, this type of plastic also has stable durability and can withstand impacts from the outside environment. Therefore, plastic bottle cap products made from LDPE are commonly used in the food, restaurant and hotel industries.
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PP and PC plastic: This is one of the high-quality plastics with durable properties, stable heat resistance as well as chemical resistance. They are censored to be safe for consumers' health. Plastic bottle caps from PP and PC can be used in the laboratory or the mother & baby industry as well as for daily consumption.
In addition, plastic bottle caps can also be adjusted according to individual size and design parameters such as screw caps, flip caps or push caps. Specific examples are as follows:
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Plastic bottles of mineral water and soft drinks: Normal plastic bottle caps have a diameter of about 20mm, 28mm, 33mm,... Main colors are white, blue, red or black depending on the brand. Screw-on plastic bottle caps are commonly used in this industry. However, some energy drink brands use plastic sports bottle caps.
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In the cosmetics and beauty industry, plastic pump and dropper bottle caps will be used for products such as serum. The main colors will be gold, black or pink.
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In the FMCG industry, products such as shampoo, hair conditioner, and shower gel will use plastic bottle caps in pump nozzles or disc top caps.
Some other products such as cooking oil, lubricants, and wine bottles often use pop-top or push-pull plastic bottle caps.
4. Plastic bottle cap market forecast in 2025
The global plastic bottle cap market is predicted to continue to maintain stable growth in the next 10 years. In particular, the output of plastic bottle caps is likely to grow 2-3 times compared to 2024 by 2025. In addition, global plastic caps and packaging also have many new trends and will expand. from 1.7 times by 2029. These figures are even more authentic because the plastic bottle and container market is expected to be worth 153 billion USD by 2026.
Asia Pacific is expected to continue to increase the growth rate of plastic bottle caps because the F&B industry has been growing explosively in Asian countries. Specific examples include: India is the world's largest milk producer with an estimated volume of 176.35 million tons, accounting for about 21% of world output. This is a favorable condition for the development of plastic bottle caps in general and screw bottle caps in particular.
In addition, the Chinese Government has announced a plan to build a sports economy with a value equivalent to 850 billion USD by 2025. That is why the market for food and bottled water for athletes is growing. There are many more opportunities to increase output and revenue. Sports or push and pull plastic bottle caps will be used more.
FMI's updated chart of plastic bottle cap application fields in 2019
Furthermore, manufacturers also increase their competitiveness and demonstrate community social responsibility by creating new trends for the plastic bottle cap industry. The most prominent among them is the use of recycled plastic. Famous detergent brands such as Fairy, Flash and Viakal have announced that the company will cut all traditional industrial plastic raw materials and replace them with recycled plastic, production can reach the 9000 tons mark according to each stage.
In particular, according to a report by DQS Global quoted that: "From January 1, 2025, manufacturers of disposable plastic beverage bottles made mainly of polyethylene terephthalate will only be allowed to market these bottles if each bottle contains at least 25% recycled plastic by weight.
5. Introduction to EuroPlas
EuroPlas is proud to be the world's largest filler masterbatch manufacturer. EuP offers specialized raw material solutions to help plastic businesses improve their competitive advantage.
Currently, EuroPlas is a regular partner of thousands of factories in more than 95 countries globally and has a capacity of approximately 0.8 million tons of plastic per year. Because EuroPlas owns 7 factories with a scale of tens of hectares in 6 provinces: Ha Nam, Yen Bai, Hai Phong, Nghe An, Long An and Ho Chi Minh City with a modern production line system.
EuP owns modern equipment such as extruders, blowers, injection molding machines,... along with a system of standard measuring machines such as heat strain gauges, impact resistance gauges, and measuring machines. tensile strength,... Thereby ensuring the highest quality of plastic products in general and plastic bottle caps in particular to customers.
6. Conclusion
EuroPlas has provided statistics and predictions about the plastic bottle cap market potential. At the same time, we also provide knowledge about popular designs and styles of plastic bottle caps on the market.