Sudhakar Singh,Managing Editor
The pharmaceutical caps and closures market is anticipated to reach $3.56 billion by 2025. The major factors bolstering this market growth include the development of child-resistant & tamper-evident packaging. Other factors include the increasing popularity of lightweight packaging materials and surging demand for lightweight materials. Noticing the rapid growth of this market, we have come up with this special issue focusing exclusively on it. This issue features Precision Moulds & Dies, a company that was founded in 1973 and is presently one of India’s oldest and greatest tool rooms, producing over 150 moulds each year and processing over 2000 tonnes of plastic. The tool room is fully air-conditioned and equipped with cutting-edge CNC equipment, and it is open 24 hours a day. Precision Moulds & Dies has two injection moulding units, one in Sahibabad, Uttar Pradesh and the other in Baddi, Himachal Pradesh. Millions of plastic parts for the packaging, cosmetic, engineering and medical industries are produced each month using 70 injection moulding machines from Demag and Haitian.
This issue also covers JAP Engineering, a company that offers high precision multi-cavity plastic injection moulds for caps and closures. JAP Engineering has been serving the Indian markets industry for over 25 years with its niche capabilities. For the past ten years JAP has been exporting across the middle east, African continent, Turkey and other Asian countries and has created a name for itself in this domain.
Reading on, you will find more such stories on some of the other top players in this segment.
After studying this market landscape in-depth, we have zeroed in on the Top 10 companies that have excelled in this market with their innovative approach. Having proven their dedication to efficiency in order to meet customer expectations in an end-to-end manner, these companies have stood out from the crowd.
We look forward to receiving your feedback and suggestions.