Analysis of Flapper Caps market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Flapper caps are effective dispensing systems for a variety of powder products in the food industry. These caps are suitable to dispense pepper, salt, oregano, spices, aromatics and other items at food-service restaurants. With rising consumer demand and growth in the number of dine-in restaurants, the flapper caps market has witnessed strong growth over the last few years. Flapper caps are used for the clean and easy dispensing of spices and herbs in the right amount without any spillage and loss. They are available in a variety of shapes and sizes and can be applied to only a limited format of packaging products such as bottles, jars and other containers. Flapper caps are extensively made of polypropylene, due to its safe-for-food contact applications. Flapper caps offer numerous advantages over other flexible packaging alternatives such as sachets and pouches. These caps can be reused on reusable containers and thus, reduce wastage from packaging.
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The demand for flapper caps is expected to grow with the changing consumption patterns of consumers in emerging economies. Consumers are increasingly adopting western lifestyles and enjoying their weekends at restaurants and cafés, which in turn is generating strong demand for flapper caps at these outlets. Also, consumers are becoming aware of using safer storage and quick dispensing solutions for food items at their homes. The demand for flapper caps is primarily fulfilled by small-scale manufacturers in emerging countries such as India, China and Brazil. Some of the major restraints that could affect the demand for flapper caps are the introduction of stringent rules and regulations over the usage of plastic products and the threat of substitute products such as pouches and sachets. The recent trend noticed in the flapper caps market is innovation in existing products to gain consumer attention.
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On the basis of region, the flapper caps market has been segmented into North America, Latin America, Eastern Europe, Western Europe, APEJ (Asia-Pacific Excluding Japan), Middle East & Africa and Japan. Flapper caps are extensively used in North America and Europe where the consumption of fast food items such as pizza, sandwiches and burgers is high. Also, consumer habits of visiting dine-in restaurants every week is the major factor driving the demand for flapper caps in these regions. With the shift in consumer behavior from manual dispensing to easy dispensing systems, the demand is expected to continue to grow in the emerging countries of Asia-Pacific and Latin America regions. India and China are expected to witness the fastest growth in the global flapper caps market. The demand in Asia-Pacific and Latin America is extensively fulfilled by the small-scale manufacturers who enjoy regional dominance in the flapper caps market. However, multinational caps & closures companies are also planning to diversify their product portfolio through the introduction of flapper caps in their product portfolios. Flapper caps can be easily manufactured with injection molding machines that require minimal energy and time. Manufacturers of flapper caps enjoy high profitability and low input costs, which in turn makes it a lucrative market globally.
Some of the key players in the flapper caps market are Novio Packaging Group, Mold-Rite Plastics, LLC, Alpha Packaging International, Aaron Packaging, Inc., United States Plastic Corporation, Verbeeck Packaging Group, UNITED CAPS Luxembourg, Cospak Pty Ltd, and O.Berk Company, LLC.
The Flapper Caps market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Flapper Caps market report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The Flapper Caps market report also maps the qualitative impact of various market factors on market segments and geographies.
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The valuation of the flapper caps market stands at US$ 50 billion.
The market is estimated to grow at a CAGR of 7% since consumer consumption habits are evolving.
Manufacturers are likely to find most opportunities in North America.
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