Market research from Freedonia indicates the demand for caps & closures in the USA is predicted to increase by over 5% to 2007 to reach almost 200BN units worth around $6BN. A shift in the product mix with drive value growth towards value added configurations, particularly in dispensing & child resistant closures. The penetration of closure intensive plastic packaging will continue to drive gains at the expense of clousureless containers, such as metal cans. The growing popularity of smaller containers in stimulating unit expansion, particularly in the beverage market & for plastic closures on paperboard cartons. These plastic closures will continue to be the largest and fastest growing product type, will outstrip any other major closure material & are set to continue the replacement of metal types across a broad range of applications.
