Global Ring Pull Caps Market Size study, by Material (Aluminum Ring Pull Caps, Steel Ring Pull Caps) by Cap Diameter (26 mm Ring Pull Caps, Other Sizes) by end use industries (Beer, Soft Drinks, Others) and Regional Forecasts 2022-2028Global Ring Pull Caps Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Ring pull caps is a bottle cap which can be opened without any cap opening tools. It features a ring that can be pulled to detach the cap from the bottle. Ring pull caps are Designed for glass (and PET or aluminum) bottles, both cap and liner are made of organoleptically neutral (being, affecting, or relating to qualities) materials that are highly suitable for beer, soft and energy drinks. Growing beverages industry and rising R&D activities and product innovation by leading market players are key drivers for the growth of Ring Pull Caps market. For instance, according to global database Management company Statista- As of 2022, revenue in the Alcoholic Drinks market amounts to USD 1. 6 trillion and the market is expected to grow annually by 6.78% between the year 2022 and 2025, and by the year 2025 the amount would reach to USD 1.95 trillion. In recent events, in May 2021 Finn-Korkki, Finland based Packaging and Containers company has launched 29mm Crown Caps for beverages packaging. Furthermore, in November 2021 Pelliconi has announced a new digital printing service in the market, which features the creation of customized caps even in little batches. Also, with rising adoption in packaging of several beverages and increasing alcohol consumption, the adoption & demand for Ring Pull Caps is likely to increase the market growth during the forecast period. However, negative impact of lockdowns restrictions and increasing consumption of alcohol impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Ring Pull Caps market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to growing beverages industry and presence of leading market players in the region. Whereas Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing alcoholic and non-alcoholic beverages sector in the region would create lucrative growth prospects for the Ring Pull Caps market across Asia-Pacific region.

Major market player included in this report are:
Finn-Korkki Oy Pvt Ltd.
Pelliconi & C. SpA Pvt Ltd.
World Bottling Cap, LLC
Nippon Closures Co. Ltd.
Crown Holdings Inc.
Fuzhou SKT Co., Ltd.
Jiangsu Changjiang Lids Co., Ltd.
Sonoco Products Company
The TNN Development Limited
Guala Closures Group Public Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material:
Aluminum Ring Pull Caps
Steel Ring Pull Caps
By Cap Diameter:
26 mm Ring Pull Caps
Other Sizes
By End Use Industries:
Beer
Soft Drinks
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028

Target Audience of the Global Ring Pull Caps Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Finn-Korkki Oy Pvt Ltd.
Pelliconi & C. SpA Pvt Ltd.
World Bottling Cap, LLC
Nippon Closures Co. Ltd.
Crown Holdings Inc.
Fuzhou SKT Co., Ltd.
Jiangsu Changjiang Lids Co., Ltd.
Sonoco Products Company
The TNN Development Limited
Guala Closures Group Public Ltd.