UV Metallized Caps and Closures Market - Analysis, Growth by Top Companies, Trends by Types and Application Till 2023


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Global UV metallized caps and closures market is expected to reach $378.9 million by 2023. The growth of the market is driven by the growing demand from cosmetics, fragrance, and skin care industries; and rising demand of food and beverages across the globe.

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On the basis of metallizing material, the UV metallized caps and closures market is segmented into aluminum, alloy, and others. Others include chromium, silver, gold, and platinum. Aluminum has been the largest metallizing material due to its several benefits such as low cost, lightweight, glossiness similar to silver, and corrosion resistance.

Of all plastic types in the UV metallized caps and closures market, polypropylene has been recording the largest share in the market so far. The largest market share is attributed to its several benefits such as low cost, high flexural strength, chemical resistance against food and cosmetic ingredients, and high thermal resistance.

Globally, Europe has been recording the highest revenue in the UV metallized caps and closures market. From the supply side, the growth of the European market is driven by the increase in the production capacity and production cost optimization by manufacturers through low cost raw material sourcing. Also, the demand of UV metallized caps and closures is growing in countries such as the Czech Republic, Poland, Slovakia, Hungary, and others, which is driving the overall growth of the market in Europe.

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Some of the major players operating in the UV metallized caps and closures industry Albea Beauty Holdings S.A., RPC Group Plc, HCP Packaging Co. Ltd., Quadpack Industries, Eurovetrocap Spa, ILEOS, Essel Propack Limited, Politech Sp. z.o.o, Lumson S.p.A, and Hangzhou Zhenhua Daily Chemicals Glass Co. Ltd.

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