AMI: Triumph of One-Piece PE-HD Plastic Closures
According to a new report published by Applied Market Information Ltd (AMI), Bristol, United Kingdom, nearly 217 billion plastic caps and closures were produced in Europe last year in a business worth EUR 1.5 billion. While production has been growing at a rate of nearly 6% per year for the past three years, the use of PE-HD one-piece closures has been growing at a rate of nearly 9% per year for the same period and these types now account for 64% of all standard beverage closures compared with 55% in 2004. The drive to one piece closures has been fuelled by cost reduction and light weighting initiatives. The move to one-piece closures within the beverage market will also help underpin forecast growth of 4% per year to 2012 with total plastic closure output reaching over 260 million units per year.
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