Packaging Industry Today
Polylaminate Capsules Market Size, Growth Analysis Report, Forecast to 2030
Polylaminate capsules finds application in the packaging of premium liquor products such as in wine, champagnes. Coalescing quality with beauty & simplicity to use, polylaminate capsules gained popularity in recent years. Polylaminate capsules are ideal for bottles with mushroom shaped stoppers. To provide elegant finish & rich appearance polylaminate capsules are preferred by many wine manufacturers. Key manufacturers in the polylaminate markets are looking eco-friendly materials such as bio-based polyethylene to reduce the CO2 emission. Manufacturers such as Amcor Plc. is enhancing the product by implanting anti-counterfeit techniques. Owing to rising demand for premium packaging of liquor products North America is expected to remain on top position in the polylaminate capsules market during the forecast period.
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Polylaminate Capsules Market: Dynamics
Polylaminate capsules offers strong visual impact and provides excellent potential of decoration at reasonable price is driving polylaminate capsules market to grow. Polylaminate capsules offers wide range of color and shades along with customized decoration that can be done on its top by hot-stamped or blind embossed techniques making it ideal choice for packaging. Also the increased consumption of wine in urban areas in the emerging economies of Asia Pacific is fostering the market growth. Growing wine breweries is also one of the notable factors in the boosting the polylaminate capsules in the market.
However, polylaminate capsules are facing high completion from tin capsules and heat shrink capsules. As Tin capsules are way far environment friendly compared to polylaminate capsules and this might affect the market growth in the coming years. Also, the tin capsules offers superior finish to high quality liquor products. However, the price of tin capsules are much more than polylaminate capsules that tends to drive the polylaminate capsules market during the forecast period.
United States to hold significant share in the polylaminate capsules market during the forecast period
Increase in per capita consumption of wine from 2.58 gals in 2010 to 2.95 gals in 2018 is one of the major factor driving the polylaminate capsules market in the United States, according to Wine Institute Org. Talking of emerging countries, China is anticipated to dominant market in 2019, owing to increase in consumption of wine in past five years, . Countries such as Italy, France in Europe to represent positive potential growth in the coming years.
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Polylaminate Capsules Market: Key Participants
Some of the key participants in the global polylaminate capsules market are given below:
- Amcor Plc.
- Industrial Development Company sal
- Mondial Capsule S.r.l.
- ENOCAPSULE INC.
- Capsules Rivercap S.A.
- Saxco International
- Viscose Closures Ltd.
- H. Erben Ltd.
Polylaminate Capsules Market: Segmentation
On the basis of material used, polylaminate capsules market can be segmented as:
- Polyethylene
- Polyvinyl Chloride
- Aluminum
- Others (Bio-based plastics)
On the basis of thickness, polylaminate capsules market can be segmented as:
- Below 100 microns
- 100 - 150 microns
- 150 - 175 microns
- Above 175 microns
On the basis of application, polylaminate capsules market can be segmented as:
- Champagne
- Rum
- Wine
- Vodka
- Whisky
- Others
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