| Product Code: ETC5304197 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The plastic caps and closures import market in Cyprus saw significant growth in 2024, with top exporting countries including Greece, Bulgaria, Italy, Metropolitan France, and China. The market concentration, as measured by the HHI, decreased from moderate to low in 2024, indicating a more competitive landscape. The compound annual growth rate (CAGR) for the period 2020-2024 was a healthy 7.97%, with a notable growth rate of 18.18% from 2023 to 2024. This indicates a promising outlook for the industry, driven by strong demand and diverse sourcing options.

The Plastic Caps and Closures market in Cyprus is expanding due to the increasing demand for convenience and safety in packaging. Plastic caps and closures are widely used in various industries, including food and beverage, pharmaceuticals, and cosmetics. The market is characterized by innovations in design and functionality to enhance user experience and product preservation. As industries prioritize packaging solutions that ensure product integrity, the plastic caps and closures market is anticipated to grow.
The plastic caps and closures market in Cyprus is influenced by the growing demand for convenient and secure packaging solutions across various industries, particularly food and beverages. As consumers prioritize ease of use and product freshness, manufacturers are increasingly focusing on innovative closure designs and materials. The rise of e-commerce and online shopping also drives demand for reliable packaging solutions that ensure product integrity during transit.
The plastic caps and closures market in Cyprus encounters challenges related to sustainability and regulatory compliance. As environmental concerns regarding plastic waste grow, manufacturers must adapt their products to incorporate recyclable materials and reduce overall plastic usage. This transition can be costly and complex, requiring investment in new technologies and processes. Additionally, competition from alternative closure solutions can pressure pricing and market share, necessitating ongoing innovation and differentiation efforts.
Government policies support the plastic caps and closures market by promoting sustainable production practices. Initiatives focus on encouraging local manufacturers to develop eco-friendly solutions for packaging, providing funding for research into recyclable and biodegradable materials.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Plastic Caps And Closures Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Plastic Caps And Closures Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Plastic Caps And Closures Market - Industry Life Cycle |
3.4 Cyprus Plastic Caps And Closures Market - Porter's Five Forces |
3.5 Cyprus Plastic Caps And Closures Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cyprus Plastic Caps And Closures Market Revenues & Volume Share, By Container Type, 2021 & 2031F |
3.7 Cyprus Plastic Caps And Closures Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.8 Cyprus Plastic Caps And Closures Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.9 Cyprus Plastic Caps And Closures Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Cyprus Plastic Caps And Closures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Plastic Caps And Closures Market Trends |
6 Cyprus Plastic Caps And Closures Market Segmentations |
6.1 Cyprus Plastic Caps And Closures Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Plastic Caps And Closures Market Revenues & Volume, By Screw-on Caps, 2021-2031F |
6.1.3 Cyprus Plastic Caps And Closures Market Revenues & Volume, By Dispensing Caps, 2021-2031F |
6.1.4 Cyprus Plastic Caps And Closures Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cyprus Plastic Caps And Closures Market, By Container Type |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Plastic Caps And Closures Market Revenues & Volume, By Plastic, 2021-2031F |
6.2.3 Cyprus Plastic Caps And Closures Market Revenues & Volume, By Glass , 2021-2031F |
6.3 Cyprus Plastic Caps And Closures Market, By Raw Material |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Plastic Caps And Closures Market Revenues & Volume, By PP, 2021-2031F |
6.3.3 Cyprus Plastic Caps And Closures Market Revenues & Volume, By HDPE, 2021-2031F |
6.3.4 Cyprus Plastic Caps And Closures Market Revenues & Volume, By LDPE, 2021-2031F |
6.3.5 Cyprus Plastic Caps And Closures Market Revenues & Volume, By Others, 2021-2031F |
6.4 Cyprus Plastic Caps And Closures Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Plastic Caps And Closures Market Revenues & Volume, By Post-mold Te Band, 2021-2031F |
6.4.3 Cyprus Plastic Caps And Closures Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.4.4 Cyprus Plastic Caps And Closures Market Revenues & Volume, By Injection Molding , 2021-2031F |
6.5 Cyprus Plastic Caps And Closures Market, By End-use |
6.5.1 Overview and Analysis |
6.5.2 Cyprus Plastic Caps And Closures Market Revenues & Volume, By Beverage, 2021-2031F |
6.5.3 Cyprus Plastic Caps And Closures Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.5.4 Cyprus Plastic Caps And Closures Market Revenues & Volume, By Food, 2021-2031F |
6.5.5 Cyprus Plastic Caps And Closures Market Revenues & Volume, By Personal & Homecare, 2021-2031F |
7 Cyprus Plastic Caps And Closures Market Import-Export Trade Statistics |
7.1 Cyprus Plastic Caps And Closures Market Export to Major Countries |
7.2 Cyprus Plastic Caps And Closures Market Imports from Major Countries |
8 Cyprus Plastic Caps And Closures Market Key Performance Indicators |
9 Cyprus Plastic Caps And Closures Market - Opportunity Assessment |
9.1 Cyprus Plastic Caps And Closures Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cyprus Plastic Caps And Closures Market Opportunity Assessment, By Container Type, 2021 & 2031F |
9.3 Cyprus Plastic Caps And Closures Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.4 Cyprus Plastic Caps And Closures Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.5 Cyprus Plastic Caps And Closures Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Cyprus Plastic Caps And Closures Market - Competitive Landscape |
10.1 Cyprus Plastic Caps And Closures Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Plastic Caps And Closures Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |