Push Pull Closures Market Projections Deliver Positive Revenue Growth during the

Posted by Fred Williams on March 18th, 2021

According to Transparency Market Research’s latest market report titled “Push Pull Closures Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2027. The push pull closures market stood at US$ 2,295.2 Mn in 2018 and is forecast to register a CAGR of 4.8 % during 2018 – 2027. The push pull closures market is estimated to be valued at US$ 3,507.4 Mn by the end of the forecast period.

In terms of material type, the polypropylene segment is expected to be most attractive segment in the push pull closures market across the globe. Polypropylene material provides strong barrier properties and its resistance to chemicals makes it a prominent material for push pull closures. As compared to polyethylene, polypropylene provides more moisture resistance. By material type of push pull closures, the polyethylene segment accounts for more than 30% of the market value share in 2018. The demand for push pull closures is primarily driven by PET bottles, HDPE bottles, and metal bottles. Increase in consumer orientation towards hygiene is expected to boost the growth of the global push pull closures market. The rise in the sales of sports bottles will create further growth opportunities for the global push pull closures market.

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