Western European Caps and Closures Markets

C h a p t e r 1

Executive Summary

Introduction 1-1

Introduction to the Caps and Closures Market 1-1

Types of Closure 1-2

Summary of Major Findings 1-4

Market Drivers and Restraints 1-4

Market Drivers 1-4

Market Restraints 1-5

Conclusions 1-6

Industry Trends 1-6

C h a p t e r 2

Industry Challenges and Research Methodology

Industry Challenges 2-1

Identification of Challenges 2-1

Increasing Energy and Raw Material Cost Undermine Profitability 2-2

Increasing Competition in the Commodity Caps and Closures Market Decimating Profitability 2-2

New Found Interest in Design Led Innovation is Fuelling Renaissance 2-2

Fragmented Market Offers a Huge Scope for Market Consolidation 2-3

Anticipating Needs of the End Users is Critical for Product Development 2-3

Geographic Expansion Essential for Growth 2-4

Exchange Rates 2-4

C h a p t e r 3

Western European Caps and Closures Market

Forecasts of the Total Market 3-1

Overview 3-1

Market Engineering Measurements 3-1

Market Age 3-2

Market Growth 3-2

Price Sensitivity 3-3

Market Drivers 3-3

Closure Intensive Packaging Drives Volume Sales of Caps and Closures 3-3

Need for Product Differentiation Drives Revenue Growth for Caps and Closures 3-4

Ongoing Transition to Value-added Caps and Closures Drive Revenues 3-4

Applications Such as Food and Beverage Drive Use of Caps and Closures 3-5

Changing Customer Pattern Drives Sale of Caps and Closures 3-5

Market Restraints 3-5

Certain Packaging Trends Limits the Use of Caps and Closures 3-6

Increased Competition Decimating Profit Margins 3-6

Relatively Saturated Market Offers Limited Opportunities 3-7

Commoditisation of Certain Product Lines Depressing Revenues 3-7

Advances in Alternate Forms of Closures Limiting Sales 3-7

Revenue Forecasts 3-8

Pricing Trends 3-9

Trends by Product Type 3-9

Types of Closure 3-9

Types of Liner 3-11

Competitive Structure 3-11

Recent Mergers and Acquisitions 3-13

PAI Partners Bought the International Plastics Closures Business of Crown Holdings in October 2005 3-13

Acquistion of Amcor White Cap by Silgan Holdings Inc in June 2006 3-13

C h a p t e r 4

Plastic Caps and Closures Market

Forecasts of the Total Market 4-1

Overview 4-1

Market Engineering Measurements 4-2

Market Age 4-3

Market Growth 4-4

Price Sensitivity 4-4

Market Drivers 4-4

Closure Intensive Packaging Will Continue to Drive Sales of Plastic Caps and Closures 4-5

Decreasing Metal Closures Market Drives Sales of Plastic Caps and Closures 4-5

Brand Differentiation Drives Sale of Plastic Caps and Closures 4-5

Performance Features of Plastic Caps and Closures Drive Sales 4-6

Changing Customer Landscape Drives Use of Plastic Caps and Closures 4-6

Market Restraints 4-6

Commodity Markets for Certain Caps and Closures Depressing Revenues 4-7

Closureless Forms of Packaging Limits Sale of Plastic Caps and Closures 4-7

Relatively Saturated Market Offers Limited Opportunities 4-8

Price Sensitive Market Dynamics Makes it Difficult to Increase Prices 4-8

Revenue Forecasts 4-8

Trends by Product Type 4-10

Competitive Structure 4-11

Continuous Thread Closures Market 4-12

Introduction 4-12

Key End-user Groups 4-12

Market Drivers and Restraints 4-13

Market Drivers 4-13

Market Restraints 4-14

Revenue Forecasts and Pricing Trends 4-16

Revenue Forecasts 4-16

Pricing Trends 4-17

Market Share Analysis 4-17

Tamper Evident Closures Market 4-18

Introduction 4-18

Key End-user Groups 4-18

Market Drivers and Restraints 4-19

Market Drivers 4-19

Market Restraints 4-21

Revenue Forecasts and Pricing Trends 4-22

Revenue Forecasts 4-22

Price Trends 4-24

Market Share Analysis 4-24

Child Resistant Closures Market 4-25

Introduction 4-25

Key End-user Groups 4-25

Market Drivers and Restraints 4-26

Market Drivers 4-26

Market Restraints 4-27

Revenue Forecasts and Pricing Trends 4-28

Revenue Forecasts 4-28

Price Trends 4-30

Market Share Analysis 4-30

Dispensing Closures Market 4-30

Introduction 4-30

Key End-user Groups 4-31

Market Drivers and Restraints 4-31

Market Drivers 4-31

Market Restraints 4-33

Revenue Forecasts and Pricing Trends 4-34

Revenue Forecasts 4-34

Pricing Trends 4-35

Market Share Analysis 4-35

Dispensing Pumps and Sprays Market 4-36

Introduction 4-36

Key End-user Groups 4-36

Market Drivers and Restraints 4-37

Market Drivers 4-37

Market Restraints 4-38

Revenue Forecasts and Pricing Trends 4-40

Revenue Forecasts 4-40

Pricing Trends 4-41

Market Share Analysis 4-41

C h a p t e r 5

Metal Caps and Closures Market

Forecasts of the Total Market 5-1

Overview 5-1

Market Engineering Measurements 5-1

Market Age 5-2

Market Growth 5-3

Price Sensitivity 5-3

Market Drivers 5-3

Need for Product Differentiation Drives Sale of Metal and Caps and Closures 5-3

Applications Present Opportunities for Metal Caps and Closures 5-4

Opportunities in Smaller Companies will Drive Sales 5-4

Market Restraints 5-4

Greater Options Offered by Plastic Caps and Closures Limit Sale of Metal Caps and Closures 5-5

Increasing Acceptance of Plastic Caps and Closures Closing Avenues for Metal Closures 5-5

Increased Competition Costs Leaves Slimmer Margins 5-6

Revenue Forecasts 5-6

Pricing Trends 5-7

Trends by Product Type 5-7

Competitive Structure 5-9

Recent Mergers and Acquisitions 5-10

Metal Crowns Market 5-10

Introduction 5-10

Key End User Groups 5-10

Market Drivers and Restraints 5-11

Market Driver 5-11

Market Restraints 5-11

Revenue Forecasts and Pricing Trends 5-12

Revenue Forecasts 5-12

Price Trends 5-14

Market Share Analysis 5-14

Continuous Thread Closures and Screw Caps Market 5-15

Introduction 5-15

Continuous Thread Closures 5-15

Screw Cap Closures 5-15

Key End User Groups 5-15

Market Drivers and Restraints 5-16

Market Drivers 5-16

Market Restraints 5-17

Revenue Forecasts and Pricing Trends 5-18

Revenue Forecasts 5-18

Price Trends 5-20

Market Share Analysis 5-20

Market Share Analysis of Screw Caps 5-20

Metal Lugs Market 5-20

Introduction 5-20

Key End User Groups 5-21

Market Drivers and Restraints 5-21

Market Drivers 5-21

Market Restraints 5-22

Revenue Forecasts and Pricing Trends 5-23

Revenue Forecasts 5-23

Price Trends 5-25

Market Share Analysis 5-25

C h a p t e r 6

Market Engineering Strategy

Strategic Recommendations 6-1

Five Forces Analysis 6-1

Threat from New Entrants 6-2

Threat from Substitutes 6-2

Bargaining Power of Suppliers 6-3

Bargaining Power of Customers 6-3

Industry Rivalry 6-3

Growth Strategies 6-4

Growth by Merger and Acquisitions 6-4

Collaborating with Customers to Develop Custom Caps and Closures 6-5

Growth by Geographic Expansion 6-5

Growth by Divestiture of Ancillary Businesses 6-6

Growth by Diversification of Product Portfolio 6-6

Increasing Profitability by Outsourcing and Updating Production Processes 6-6

C h a p t e r 7

Database of Key Industry Participants

Industry Participants 7-1

Manufacturers of Caps and Closures 7-1

Key End Users 7-3