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Vented Caps Market

Market Insights on Vented Caps covering sales outlook, demand forecast & up-to-date key trends

Vented Caps Market By Material (Plastic, Polypropylene (PP), Polytetrafluoroethylene (PTFE), Polyethylene (PE), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE)), By Neck size (Less than 10 mm, Ranging Between 10 mm to 30 mm, Ranging Between 30 mm to 50 mm, Neck Size above 50 mm), By End Use (Food and Beverages, Healthcare, Pharmaceuticals, Cosmetics and personal care, Automotive Industry, Chemical Industry, Others (Household Chemicals)) & Region forecast till 2032

Vented Caps Market

The vented caps market is projected to record a CAGR of 10% during the forecast period, up from US$ 7.24 Bn in 2022 to reach a valuation of US$ 18.77 Bn by 2032.

The vented caps market is anticipated to show promising growth prospects during the projected period.

Attributes

Details

Vented Caps Market CAGR (2022-2032)

10%

Vented Caps Market Value (2022)

US$ 7.24 Bn

Vented Caps Market Value (2032)

US$ 18.77 Bn

Sales of vented caps are expected to rise due to rising demand for vented caps and increased penetration of products in various end-use industries. In addition to this, demand for vented caps is rising as they allow containers to 'breathe' in order to prevent deformation or damage. 

Furthermore, the sales of vented caps are projected to rise as they have a number of benefits over non-vented caps. For example, due to unequal pressure build-up, product transportation might cause bloating, collapse, or even explosion of the container. Ventilated caps were created to avoid such a situation. The demand for vented caps is rising as they aid in equalizing the pressure at both ends, are leak-proof, and do not cause material loss. 

The sales of vented caps are growing as they are the simplest and most cost-effective way to combat temperature, pressure, and chemical changes that occur during container movement.

Furthermore, the demand for vented caps is rising as they help to keep items and containers fresher for longer. As a result of these factors, the global vented caps market share is projected to grow significantly during the forecast period.

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What are the Key Drivers to the Vented Caps Market Share

The demand for vented caps is anticipated to grow as they are soft, flexible, and allow easy container packaging. Depending on the specifications of the container to be caped, vented caps are available in a variety of sizes, lengths, and materials. Furthermore, the sales of vented caps are rapidly rising as they aid in the prevention of product contamination, ensuring product and container integrity.

Another factor responsible for increased demand for vented caps is their ability to preserve the containers' performance. They also allow gases produced in the container to escape. Vented caps are mostly used to convey liquid products. Pharmaceuticals, healthcare, and the chemical industry are some of the industries witnessing rising sales of vented caps.

Porous caps allow a small amount of air, which is formed by the contents of the container, to escape. They only allow for a one-way, pressure-activated flow of air. Non-vented caps, on the other hand, have fewer features which is a major factor responsible for increased sales of vented caps.

Due to these factors, the vented cup market share is projected to grow. Non-vented caps do not have pores that allow pressure to escape. The pressure build-up in the container might produce hazards, which can only be avoided by utilizing vented caps. As a result, the sales of vented caps are growing all over the world.

Ismail Sutaria
Principal Consultant
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Which is the Leading Region in the Vented Caps Market

Due to the growing middle-class population in Asia's developing countries, the Asia Pacific region is likely to dominate the vented caps market. The Asia Pacific vented caps market is propelled by the ability to carry goods and containers in a secure manner. Pharmaceuticals and other emerging industries have pushed for the manufacturing of vented caps to ensure that medical supplies can be transported safely. This factor is likely to boost the sales of vented caps in the region during the forecast period.

Who are the Key Players in the Vented Caps Market

CP Lab Safety, Filtration Group Corporation, Merck Group, StockCap, Corning Incorporated, SABEU GmbH & Co. KG, Kaufman Container Company, W. L. Gore & Associates, Inc., UNITED CAPS LUXEMBOURG S.A., Tri-Sure Closures, and many other regional firms are among the manufacturers of vented caps.

Key players in the vented caps market are concentrating on their product launch and acquisition strategies, as well as expanding their global presence. The performance of vented caps has recently improved, causing a tidal wave in the rigid packaging sector. 

Recent Developments

  • With the debut of the MERV 10 AEROSTAR®NOVAPLEAT® X in April 2019, Filtration Group HVAC introduced a MERV 10 self-supported pleat air filter to improve indoor air quality.
  • Merck announced a new product brand in the closure area in October of last year.
  • Chemical Feed Safety Supply Inc. was acquired in January 2018 by CP Lab Safety Inc., a leading manufacturer and supplier of caps and closures as well as ecologically friendly solutions.
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Scope of Report

Report Attribute

Details

Growth rate

CAGR of 10% from 2022 to 2032

Base year for estimation

2021

Historical data

2014 - 2018

Forecast period

2022 - 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis

Segments covered

Material, neck size, end use, region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

CP Lab Safety, Filtration Group Corporation, Merck Group, StockCap, Corning Incorporated, SABEU GmbH & Co. KG, Kaufman Container Company, W. L. Gore & Associates, Inc., UNITED CAPS LUXEMBOURG S.A., Tri-Sure Closures

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. 

Frequently Asked Questions

The vented caps market is anticipated to register a CAGR of 10% during the forecast period.

Key players holding substantial vented caps market share include CP Lab Safety, Filtration Group Corporation, Merck Group, StockCap, Corning Incorporated, SABEU GmbH & Co. KG, Kaufman Container Company, W. L. Gore & Associates, Inc., UNITED CAPS LUXEMBOURG S.A., Tri-Sure Closures.

As per the analysis, the vented caps market share is likely to be US$ 18.77 Bn by 2032.

Demand for vented caps is likely to rise as they are the simplest and most cost-effective way to combat temperature, pressure, and chemical changes that occur during container movement.

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Ismail Sutaria
Principal Consultant
LinkedIn
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