The global non-aerosol overcaps market is expected to be valued at US$ 238.1 Million in 2022. The overall demand for non-aerosol overcaps is projected to grow at a CAGR of 4.2% between 2022 and 2032, totaling around US$ 359.2 Million by 2032.
Non-Aerosol Overcaps Market: An Overview
Non-aerosol overcaps fit various bottles, cans that have different applications and can also be used as a measuring cup for liquids. Consumers have a simple approach for packaging and that is to seek a packaging that is intuitive, easy to operate, safe, sustainable and cost-effective.
Customers are transitioning towards online shopping and consuming products that are available on the go. This has brought a change in the interaction between the customer and their approach to packaging solutions.
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Dispensing solutions have an important role in giving consumers a safe experience while using products. Overcaps provide actuators to non-aerosol containers, bottles, cans from spilling the liquid from wastage.
The non-aerosol overcaps market serves many end-use industries such as food and beverage, cosmetics, healthcare, automotive and others. Manufacturers provide overcaps to the industries for standard packaging solutions or cater for their client needs by providing customized options. The non-aerosol overcaps market is anticipated to expand at a subsequent pace in the coming years.
What are Market Opportunities for Non-Aerosol Overcaps Market?
Overcaps have enormous benefits which include providing protection from dust, decreasing the chances of accidental discharge or formation of micro-organisms over the sprayer surface.
Overcaps provides enhanced aesthetics to the packaging of the product. Especially plastic overcaps which nowadays offers an opportunity for printing on the surface for the branding of the product. This provides an edge over the promotion for products and brands and subsequently increases the sales for non-aerosol overcaps during future years.
What are the Key Market Trends Impacting the Non-Aerosol Overcaps Market?
In recent years, lightweight non-aerosol cans and bottles are becoming more popular than standard products. Manufacturers focus on providing more sustainable products which are easy to recycle and do not have any harmful effect on the environment.
Spending on research and development has been increased in the past decade to provide a cost-effective product to consumers which will create abundant possibilities for the non-aerosol overcaps market during the forecast period.
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What are the Market Restraints for Non-Aerosol Overcaps Market?
Weight reduction has affected the integrity of non-aerosol cans which includes overcaps as a component. Due to this manufacturers are focusing on providing more consumer-oriented products to provide harmless packaging products. Apart from this, recycling issues are the factors that pose a threat to the growth of the non-aerosol overcaps market.
But with changing trends and the adoption of biodegradable non-aerosol overcaps the recycling issues are overcome and it augments the demand for non-aerosol overcaps for the forecast period.
Key Segments Covered in the Non-Aerosol Overcaps Industry Analysis
Non-Aerosol Overcaps Market by Material Used:
- Plastic Non-Aerosol Overcaps
- Polyethylene
- Polypropylene
- Others
- Metal Non-Aerosol Overcaps
- Aluminium
- Steel
- Other Materials-based Non-Aerosol Overcaps
Non-Aerosol Overcaps Market by Diameter:
- Non-Aerosol Overcaps measuring less than 30 mm
- Non-Aerosol Overcaps measuring 31 to 40 mm
- Non-Aerosol Overcaps measuring 41 to 50 mm
- Non-Aerosol Overcaps measuring more than 50 mm
Non-Aerosol Overcaps Market by Application:
- Non- Aerosol Overcaps for Cans
- Non- Aerosol Overcaps for Bottles
Non-Aerosol Overcaps Market by End-Use Industries:
- Non-Aerosol Overcaps for Food & Beverages
- Non-Aerosol Overcaps for Consumer Goods
- Non-Aerosol Overcaps for Automotive
- Non-Aerosol Overcaps for Pharmaceuticals & Healthcare
- Non-Aerosol Overcaps for Painting and Coating Industry
- Non-Aerosol Overcaps for Personal Care & Cosmetics
- Non-Aerosol Overcaps for Other End-Use Industries
Non-Aerosol Overcaps Market by Region:
- North America Non-Aerosol Overcaps Market
- Latin America Non-Aerosol Overcaps Market
- Europe Non-Aerosol Overcaps Market
- East Asia Non-Aerosol Overcaps Market
- South Asia Non-Aerosol Overcaps Market
- Middle East and Africa Non-Aerosol Overcaps Market
- Oceania Non-Aerosol Overcaps Market
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