Global Vented Caps Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Vented Caps are the specialized caps that are placed on the container to relieve the vacuum created when a hot product cools or gases that are created in the chemicals are evolved out of the containers. The growing demand for vented caps in the food & beverage industry, the rising benefits of vented caps, coupled with the increasing use of vented caps in the pharmaceutical industry to ensure the safe transportation of medical supplies are some prominent factors bolstering the market demand around the world. For instance, as per Statista, in 2018, the global pharmaceutical sector generated a revenue of USD 1204.8 billion and the amount increased and reached USD 1423.5 billion in 2021. Also, the pharmaceutical industry is projected to grow, which in turn, leverage the market growth in the near future. However, the imposition of stringent regulation and volatility in the price of raw materials impede the growth of the market over the forecast period of 2022-2028. Also, the rising number of strategic initiatives by the key market players, along with growing R&D expenditure is anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Vented Caps Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising investment in several end-use industries, along with growing presence of leading market players. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing middle-class population, as well as growth of the retail industry, would create lucrative growth prospects for the Vented Caps Market across the Asia-Pacific region.

Major market players included in this report are:
CP Lab Safety
Filtration Group Corporation
Merck Group
StockCap, Corning Incorporated
SABEU GmbH & Co. KG
Kaufman Container Company
W. L. Gore & Associates, Inc.
United Caps Luxembourg S.A.
Tri-Sure Closures
InnoVent India

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material:
Polyethylene (PE)
Polypropylene (PP)
Polytetrafluoroethylene (PTFE)
By End-Use:
Food & Beverage
Pharmaceuticals
Cosmetics & Personal Care
Automotive
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Vented Caps Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors