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US CAP & CLOSURE SHIPMENTS TO REACH 157 BILLION UNITS IN 2005.

US shipments of caps and closures will advance nearly three percent annually through 2005, to 157 billion units. Advances will continue to be fueled by the penetration of closure-intensive plastic packaging at the expense of items like metal drink cans. Also supporting unit gains will be the development of novel closure applications like aseptic liquid food packaging, as well as the rising use of dual closure packaging configurations. In value terms, cap and closure shipments will rise 5.3 percent per year through 2005, supported by a shift in the mix toward value-added configurations such as dispensing and child-resistant closures (CRCs). These and other trends are presented in Caps & Closures, a new study from The Freedonia Group, Inc., a Cleveland-based industrial market research firm.

Plastic closures will remain the largest and fastest growing industry segment, continuing to supplant metal types across a broad range of applications. Plastic closures will continue to benefit as plastic bottles and jars replace glass containers and compatible metal closures in applications ranging from baby food to hot-fill foods such as sauces and condiments. But technological advances are also allowing plastic closures to compete more effectively in glass packaging applications like wine. While pressurized screw caps--the largest single product segment--face increasing maturity in the carbonated soft drink market, they are expected to compete effectively with aluminum and steel closures in the nascent but potentially vast plastic beer bottle niche.

Though shipments of metal closures will decline outright, opportunities will exist for the composite plastic/metal closures which have become popular with new hot-fill PET food jars and in upscale personal care applications. The US will remain completely import dependent for cork stoppers. The market for paperboard lids in premium ice creams and other frozen desserts is showing increased signs of maturity. Opportunities will exist for rubber stoppers in emerging biotech pharmaceutical applications, although domestic shipments will stagnate based on rising import penetration and weakness in the bedrock parenteral market.

Beverages, the largest closure end-use market, will offer the best prospects. Closures will benefit from the ongoing transition away from metal cans to PET and glass bottles in the soft drink and beer segments, respectively. Other fast growing markets include secular growth segments like bottled waters and isotonics, as well as markets such as juices and milk where plastic screw caps have been adapted to paperboard packaging.
CAPS & CLOSURES SHIPMENTS
(billion units)

Item 1990 2000 2005

Cap & Closure Shipments 107.1 136.1 157.1
 Plastic 53.2 91.5 114.4
 Metal & Other 53.9 44.6 42.7

Cap & Closure Shipments (million $) 2275 3825 4955

Item % Annual Growth
 90/00 05/00
Cap & Closure Shipments
 Plastic 2.4 2.9
 Metal & Other 5.6 4.6
 -1.9 -0.8
Cap & Closure Shipments (million $) 5.3 5.3

Freedonia Group, Inc. (Cleveland, OH)



Caps & Closures (published 4/2001,235 pages) is available for $3,700 from The Freedonia Group, Inc., 767 Beta Drive, Cleveland, OH 44143-2326. For further details, please contact Corinne Gangloff by phone 440.684.9600, fax 646.0484 or e-mail pr@freedoniagroup.com. Information may also be obtained through www.freedoniagroup.com.

Please attribute information from this news release to The Freedonia Group (Cleveland, OH) and include, if possible, the price of the report. We would also appreciate a copy of the article or publication in which we appear.

Corinne Gangloff Media Relations phone: 440.684.9600 fax: 440.646.0484 pr@freedoniagroup.com
COPYRIGHT 2001 Subscription: $00.00 per year as of 1/94. Published irregularly. Contact Freedonia Group, 3570 Warrensville Cente
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001 Gale, Cengage Learning. All rights reserved.

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Comment:US CAP & CLOSURE SHIPMENTS TO REACH 157 BILLION UNITS IN 2005.
Publication:Research Studies - Freedonia Group
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 30, 2001
Words:572
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