World - Spools, Cops And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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The article discusses the expected growth in the global market for plastic supports such as spools and cops over the period from 2022 to 2030. It highlights trends in consumption, production, imports, and exports of plastic supports, with a focus on key countries like China, the United States, and Brazil. The analysis covers data on volumes, values, growth rates, and trends in different types of plastic supports. Overall, the article provides valuable insights into the dynamics of the global market for plastic supports.
Market Forecast
Driven by increasing demand for spools, cops and similar supports of plastics worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +2.8% for the period from 2022 to 2030, which is projected to bring the market volume to 25M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +4.3% for the period from 2022 to 2030, which is projected to bring the market value to $152.1B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Spools, Cops And Similar Supports Of Plastics
In 2022, after three years of growth, there was decline in consumption of spools, cops and similar supports of plastics, when its volume decreased by -3.4% to 20M tons. The total consumption volume increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, global consumption hit record highs at 21M tons in 2021, and then reduced in the following year.
The global plastic support market size shrank slightly to $108.4B in 2022, which is down by -1.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market attained the peak level at $110.2B in 2021, and then fell slightly in the following year.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (3.3M tons), the United States (2.3M tons) and Brazil (1.4M tons), with a combined 35% share of global consumption.
From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +5.4%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, China ($23.2B), the United States ($13.7B) and Japan ($10.4B) constituted the countries with the highest levels of market value in 2022, with a combined 44% share of the global market. India, Indonesia, Nigeria, Pakistan, Russia, Bangladesh, Brazil and the UK lagged somewhat behind, together comprising a further 16%.
India, with a CAGR of +6.6%, saw the highest growth rate of market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of plastic support per capita consumption in 2022 were the UK (7.7 kg per person), the United States (6.7 kg per person) and Brazil (6.7 kg per person).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by the United States (with a CAGR of +4.8%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Spools, Cops And Similar Supports Of Plastics
In 2022, after three years of growth, there was significant decline in production of spools, cops and similar supports of plastics, when its volume decreased by -6.2% to 19M tons. The total output volume increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 16% against the previous year. Over the period under review, global production reached the maximum volume at 21M tons in 2021, and then declined in the following year.
In value terms, plastic support production contracted to $104.7B in 2022 estimated in export price. The total output value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 15% against the previous year. Over the period under review, global production hit record highs at $110.3B in 2021, and then reduced in the following year.
Production By Country
The countries with the highest volumes of production in 2022 were China (3.5M tons), the United States (2M tons) and Brazil (1.4M tons), with a combined 36% share of global production. India, Japan, Russia, Pakistan, Nigeria, the UK, Indonesia, Bangladesh and Turkey lagged somewhat behind, together accounting for a further 26%.
From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Nigeria (with a CAGR of +5.2%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Spools, Cops And Similar Supports Of Plastics
In 2022, the amount of spools, cops and similar supports of plastics imported worldwide was estimated at 2.4M tons, with an increase of 2.3% compared with the previous year. The total import volume increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. Over the period under review, global imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, plastic support imports totaled $12B in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. Over the period under review, global imports hit record highs in 2022 and are expected to retain growth in the near future.
Imports By Country
In 2022, the United States (361K tons), distantly followed by Spain (167K tons), Germany (140K tons), Mexico (138K tons), the Netherlands (122K tons) and France (119K tons) were the main importers of spools, cops and similar supports of plastics, together achieving 44% of total imports. The following importers - Italy (88K tons), Canada (75K tons), Belgium (68K tons), Poland (62K tons), the UK (58K tons), Chile (57K tons) and Ireland (40K tons) - together made up 19% of total imports.
From 2012 to 2022, average annual rates of growth with regard to plastic support imports into the United States stood at +10.2%. At the same time, Chile (+26.7%), Ireland (+11.0%), Italy (+7.4%), Spain (+6.3%), Belgium (+4.0%), Poland (+4.0%), the Netherlands (+3.9%), Mexico (+3.0%), Germany (+3.0%) and Canada (+2.9%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in the world, with a CAGR of +26.7% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, the UK (-4.1%) illustrated a downward trend over the same period. The United States (+6.5 p.p.) and Chile (+2 p.p.) significantly strengthened its position in terms of the global imports, while France and the UK saw its share reduced by -2.1% and -3.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($1.6B), Germany ($847M) and France ($819M) were the countries with the highest levels of imports in 2022, with a combined 27% share of global imports. Canada, Mexico, Italy, the Netherlands, Spain, the UK, Poland, Belgium, Ireland and Chile lagged somewhat behind, together comprising a further 31%.
Among the main importing countries, Chile, with a CAGR of +10.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Imports By Type
Plastic stoppers, caps and closures prevails in imports structure, finishing at 2.2M tons, which was approx. 91% of total imports in 2022. It was distantly followed by spools, cops, bobbins and similar supports of plastics (226K tons), mixing up a 9.4% share of total imports.
From 2012 to 2022, average annual rates of growth with regard to plastic stoppers, caps and closures imports of stood at +4.1%. At the same time, spools, cops, bobbins and similar supports of plastics (+4.8%) displayed positive paces of growth. Moreover, spools, cops, bobbins and similar supports of plastics emerged as the fastest-growing type imported in the world, with a CAGR of +4.8% from 2012-2022. The shares of the largest types remained relatively stable throughout the analyzed period.
In value terms, plastic stoppers, caps and closures ($10.9B) constitutes the largest type of spools, cops and similar supports of plastics imported worldwide, comprising 91% of global imports. The second position in the ranking was taken by spools, cops, bobbins and similar supports of plastics ($1B), with an 8.6% share of global imports.
For plastic stoppers, caps and closures, imports expanded at an average annual rate of +4.0% over the period from 2012-2022.
Import Prices By Type
In 2022, the average plastic support import price amounted to $4,989 per ton, surging by 1.5% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 7.6%. Over the period under review, average import prices attained the maximum at $5,295 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major imported products. In 2022, the product with the highest price was plastic stoppers, caps and closures ($5,036 per ton), while the price for spools, cops, bobbins and similar supports of plastics stood at $4,535 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by plastic closure (-0.1%).
Import Prices By Country
In 2022, the average plastic support import price amounted to $4,989 per ton, picking up by 1.5% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 7.6%. Over the period under review, average import prices attained the maximum at $5,295 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($7,476 per ton), while Chile ($1,291 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.1%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Spools, Cops And Similar Supports Of Plastics
In 2022, after two years of growth, there was significant decline in shipments abroad of spools, cops and similar supports of plastics, when their volume decreased by -22.5% to 1.8M tons. Overall, total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +5.2% against 2018 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36%. As a result, the exports attained the peak of 2.3M tons, and then declined remarkably in the following year.
In value terms, plastic support exports expanded modestly to $11.7B in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 17% against the previous year. The global exports peaked in 2022 and are likely to see steady growth in the immediate term.
Exports By Country
In 2022, China (263K tons), followed by Germany (174K tons), Mexico (155K tons), the United States (107K tons), Italy (87K tons) and France (82K tons) represented the main exporters of spools, cops and similar supports of plastics, together constituting 48% of total exports. Spain (79K tons), Turkey (56K tons), Poland (56K tons), Hungary (50K tons), Canada (48K tons), the Netherlands (45K tons) and the UK (38K tons) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by China (with a CAGR of +6.9%), while the other global leaders experienced more modest paces of growth.
In value terms, China ($2.2B), Germany ($1.3B) and the United States ($1.1B) were the countries with the highest levels of exports in 2022, with a combined 39% share of global exports. France, Italy, Mexico, Spain, the Netherlands, Poland, Canada, the UK, Turkey and Hungary lagged somewhat behind, together comprising a further 35%.
Among the main exporting countries, Mexico, with a CAGR of +9.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Exports By Type
In 2022, plastic stoppers, caps and closures (1.6M tons) represented the major type of spools, cops and similar supports of plastics, achieving 89% of total exports. It was distantly followed by spools, cops, bobbins and similar supports of plastics (192K tons), mixing up an 11% share of total exports.
Plastic stoppers, caps and closures was also the fastest-growing in terms of exports, with a CAGR of +2.7% from 2012 to 2022. At the same time, spools, cops, bobbins and similar supports of plastics (+1.7%) displayed positive paces of growth. The shares of the largest types remained relatively stable throughout the analyzed period.
In value terms, plastic stoppers, caps and closures ($10.6B) remains the largest type of spools, cops and similar supports of plastics supplied worldwide, comprising 91% of global exports. The second position in the ranking was held by spools, cops, bobbins and similar supports of plastics ($1.1B), with a 9.3% share of global exports.
For plastic stoppers, caps and closures, exports expanded at an average annual rate of +4.2% over the period from 2012-2022.
Export Prices By Type
In 2022, the average plastic support export price amounted to $6,443 per ton, picking up by 32% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major exported products. In 2022, the product with the highest price was plastic stoppers, caps and closures ($6,537 per ton), while the average price for exports of spools, cops, bobbins and similar supports of plastics totaled $5,653 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by plastic supports (+1.6%).
Export Prices By Country
In 2022, the average plastic support export price amounted to $6,443 per ton, surging by 32% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($10,333 per ton), while Mexico ($3,551 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.8%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global plastic support market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22221910 - Spools, cops, bobbins and similar supports, of plastics
- Prodcom 22221920 - Plastic caps and capsules for bottles
- Prodcom 22221930 - Plastic stoppers, lids, caps and other closures (excluding for bottles)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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