Metal Lug Closures Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028


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Global Metal Lug Closures Market: Market Overview

Metals such as aluminum provide high barrier properties against moisture. Metals are bio-degradable and recyclable which possesses minimal effect on nature. Therefore, metal lug closures are highly preferred due to their composition of the metal. Moreover, highly aesthetic and luminous appearance with a smooth surface finish of metal lug closures attracts the end-users. Metal lug closures market has high penetration in the food industry while negligible in any other industry. Metal lug closures are majorly used with glass jars and bottles. With large and further growing food packaging market, metal lug closures market is expected to witness wide opportunity during the forecast period.

Global Metal Lug Closures Market: Market Dynamics

For better grip over the highly smooth surface of metal lug closure, steps are provided on the peripheral surface which results in consumer convenience by providing ease in the opening of the metal lug closure. This trend is rapidly growing in the metal lug closures market. Plastisol lining is usually used in metal lug closures for high friction or tight sealing of the glass jars and bottles. Furthermore, a safety button is provided in the metal lug closures which act as a child-resistant closure. This development in the metal lug closures market has observed high adoption rate among global market players. Although metal lug closures provides high barrier protection to the primary product, the penetration of metal lug closures market is limited to the glass jars and bottles for food packaging, restricting the global market.

Global Metal Lug Closures Market: Segmentation

The global metal lug closures market can be segmented on the basis of the extent of the twist as

  • Regular twist-off
  • Medium twist-off
  • Deep twist-off

The pricing analysis would be made on the basis of the extent of twist of the metal lug closures as this factor completely changes the design of the closure and varies according to the application. For instance, metal lug closures with a neck width of up to 40mm would incorporate regular twist-off closure while the metal lug closures with neck width above 100mm would incorporate deep twist-off closure.

The global metal lug closures market can be segmented on the basis of neck width as

  • Up to 40mm
  • 40 to 70mm
  • 70 to 100mm
  • Above 100mm

The global metal lug closures market can be segmented on the basis of color as

  • Gold
  • Silver
  • White
  • Black

 The global metal lug closures market can be segmented on the basis of end-use as

  • Dairy products
  • Baby food
  • Confectionary
  • Non-carbonated drinks
  • Desserts
  • Ready meals
  • Meat & seafood
  • Others

The global metal lug closures market can be segmented on the basis of geographical regions as

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Middle East & Africa (MEA)
  • Asia Pacific excluding Japan (APEJ)
  • Japan

Global Metal Lug Closures Market: Regional Outlook

High availability of metals and machinery at economic prices has enabled Asia Pacific region to produce metal lug closures at low prices as compared to any other geographies. Also, large population and rapidly developing economies in the Asia Pacific region are leading to high consumption of packaged food. Although, the glass packaging demand for food packaging is significantly high in North America and Western Europe region. These factors indicate large market in Western Europe, North America and Asia Pacific region. Latin America and Eastern Europe countries are expected to witness gradual growth in metal lug closures market due to developing manufacturing sector in the regions while Middle East & Africa region is expected to possess sluggish growth in metal lug closures market due high dependency of the regional market on the imports.

Global Metal Lug Closures Market: Key Players

The metal lug closures market players such as O.Berk Company, Crown Holdings Inc., and others are relatively more organized in North America and Western Europe region as compared to highly unorganized production of metal lug closures in Asia Pacific region. Some of the players in the metal lug closures market are

  • Amcor Ltd.
  • Berk Company
  • Crown Holdings, Inc.
  • Royal Can Industries Company Limited
  • Burch Bottle & Packaging, Inc.
  • Silgan Closures GmbH
  • Tecnocap S.p.A.
  • Massilly North America Inc.
  • Aaron Packaging, Inc.
  • White Cap, Inc.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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