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Global Side Pour Caps Market Soaring Demand Assures Motivated Revenue Share during 2018-2026

(PharmaNewsWire.Com, February 16, 2019 ) The rising demand for bottles, containers, and cans is creating various opportunities for the growth of caps and closures in the near future. Various caps and closures are devised to serve different purposes. These caps help in maintaining the integrity of the product. One such cap that is widely used is a side pour cap. Side pour caps are widely used by the beverage industry, especially for alcoholic beverages. Since side pour caps have a small opening at the side of the cap, there is no need to remove the cap to pour the contents. Side pour caps are made up of plastic or stainless steel. These cater to various end-use industries including beverages, automotive, pharmaceuticals, and consumer goods among others. Some side pour caps can come with threads to attach nozzles. These caps can be available in various sizes as per the requirement of the client. Side pour caps are designed to pour a measured and specific amount of fluid at a time. Side pour caps provide excellent control over the amount of fluid to be released. As the demand for innovative and customized packaging solutions is growing, the Global Side Pour Caps Market is expected to gain momentum during the next decade.

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Side Pour Caps Market: Dynamics

Side pour caps are ideal caps for various end-use industries where the quantity of fluid to be dispensed is limited. The opportunities for the growth of the side pour caps market lie in the utilization of side pour caps for domestic purposes such as pouring juice, cooking oil, vinegar, and other such products. Side pour caps are manufactured with single or double flaps to dispense different amounts of the product with ease. These factors are supposed to propel the growth of the global side pour caps market during the forecast period. Also, the manufacturers of side pour caps provide the option to incorporate nozzles to improve pouring capability. Side pour caps can be customized as per the requirement of customers and are available in various sizes. In the petrochemical industry, the dispensing of oils and lubricants can be controlled through side pour caps. Overall, the outlook for the global side pour caps market is expected to be positive during the next decade. The factor which can hamper the growth of the global side pour caps market is the availability of alternative solutions such as pourer bottles, liquid dispensing systems, and other such products.

Regional Outlook

The rising consumption of alcoholic beverages in countries such as China, India, ASEAN countries, and other parts of the APEJ region is supposed to drive the growth of the side pour caps market during the forecast period. Also, the growing automotive industry in the region coupled with rising oil and lubricants market is expected to drive the growth prospects of the side pour caps market during the forecast period.

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In Western Europe, France, Italy, and the U.K. are expected to witness lucrative opportunities in the growth of the side pour caps market due to the growing per capita consumption of alcoholic beverages in the regions, coupled with the rising consumption of side pour caps for domestic purposes. The U.S. is supposed to witness above-average growth in the global side pour caps market during the next decade. MEA and Latin America are supposed to witness lucrative growth opportunities in the global side pour caps market in the near future.

Side Pour Caps Market: Key Players

Few of the leading players operating in the global side pour caps market are– QingdaoYahua BottleCap Making Co., Ltd. Mold-Rite Plastics, Caps & Closures Pty Ltd, Beaumont Ltd. Trudeau Corporation, Yuyao Hongsheng Commodity Co., Ltd. Berk Company. Guala Closures S.p.A, United Caps, Weener Plastics

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with a market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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