Cap Liner Market Expected to Surge to US$ 1,855 Million by 2032 with a 5.1% CAGR: Insights from FMI Research

The Cap Liner Market has exhibited robust growth, with revenue amounting to US$ 1.07 billion in 2021, as reported by FMI. Predicted to expand at a CAGR of 5.1% from 2022 to 2032, the market’s overall value is projected to reach US$ 1.8 billion by 2032. The prominence of cap liners is underscored by the top 5 providers capturing a substantial market share of 35% to 40% in 2021.

Within this market, the heat induction cap liner segment holds a significant market value share of about 30.5% in 2022, driven by the demand for high-quality liners to ensure product freshness and prevent contamination. The increasing emphasis on leakage prevention and maintaining product integrity has further propelled the cap liner market’s growth. FMI’s analysis anticipates continuous sales expansion, creating a growth opportunity of US$ 1.1 billion between 2022 and 2032. Notably, even amidst the global pandemic, the US cap liner market defied expectations, recording a 3.5% year-on-year growth and contributing to the flourishing cap liner industry.

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Key Takeaways:

• The cap liner market revenue totaled US$1.07 billion in 2021 and is projected to reach US$1.8 billion by 2032.
• The heat induction cap liner segment is expected to hold approximately 30.5% of the market value share by the end of 2022.
• The demand for cap liners is driven by the need for prevention from leakage, product freshness, and contamination prevention in packaging.
• The US cap liner market grew by 3.5% in 2021, reaching total sales of US$273 million.
• Globally, the cap liner market witnessed a growth rate of 4.6% from 2016 to 2021, with further growth expected at a CAGR of 5.1% between 2022 and 2032

Competitive Landscape

The players involved in manufacturing cap liners are trying to focus on expanding their presence, product portfolio, capacity, and resources to meet the growing demand for packaging in various regions. The key players are adopting merger/acquisition and expansion strategies. Some of the latest developments are as follows:

• In November 2021 – Amcor launched a new technology named “IMPRESSION” developed in collaboration with MGJ that allows a brand to modify the closure liners of bottle caps.
• In January 2021 – Selig group announced the acquisition of MGJ, MGJ is a prominent supplier of foam-based liners worldwide. The grouping provides Selig with highly corresponding together capabilities to help its customers more broadly on a global basis.

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Key Players:

• Selig sealing Inc.
• Amcor
• DuPont Teijin Films
• M.F.I. Capliners
• Bluemay Weston Limited
• B&B Cap Liners LLC
• Pres-On Corporation
• Multipack Labels
• Tekni-Plex Ltd.
• Geraldiscos Ltd.
• Meyer Seals Group

UK’s Food and Beverage Industry Drives Cap Liners Market, China’s Chemical Sector Presents Growth Opportunities:

• The UK’s growing food and beverage production is expected to boost the demand for cap liners in the market, as the sector accounts for a significant portion of cap liner usage. The country is projected to hold approximately 6.5% of the global cap liners market value by the end of the forecast period. Cap liner manufacturers can cater to the packaging needs of the food and beverages industry and provide reliable sealing and leakage prevention solutions.
• China’s chemical industry offers growth opportunities for the cap liners market, with the country’s cap liner market expected to grow 1.8 times the current market value during the forecast period. Cap liners are in demand for secure and leak-proof packaging of chemicals, and China’s position as a major global producer and consumer of chemicals drives the need for effective sealing and safety measures in chemical packaging

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