United States Plastic Caps and Closure Market to Hit US$ 12,080 Million by 2028 | With a CAGR of 4.9%

IMARC Group has recently released a new research study titled "United States Plastic Caps and Closure Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The United States plastic caps and closure market size reached US$ 9,066 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 12,080 Million by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Plastic caps and closure refer to the sealants used as final components of the packaging process. They are widely used to protect products from contamination, spoilage, and other environmental factors. Plastic caps and closure are durable, non-corrosive, lightweight, economical, versatile, resistant to high temperatures, etc. They help in maintaining integrity and improving the aesthetics and functionality of products. Plastic caps and closure find extensive applications across several industries, including cosmetics, chemicals, pharmaceuticals, food and beverage (F&B), etc.

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United States Plastic Caps and Closure Market Trends and Growth Drivers: 

The rising demand for non-carbonated beverages, alcoholic drinks, and packaged water, is driving the plastic caps and closure market across the U.S. Furthermore, the growing utilization of plastic caps and closure in numerous household goods, such as toilet cleaners, bleaches, insect repellents, etc., to extend their shelf life is contributing to the market growth. In addition to this, with increasing environmental concerns, numerous manufacturers are adopting bioplastics to produce caps and closures, which represents another growth-inducing factor. Besides this, they are also using differentiated products to foster brand recognition, which is further augmenting the growth of the market. Additionally, the escalating need for anti-counterfeiting closure to ensure the security of products is projected to cater to the United States plastic cups and closure market in the coming years.

Explore Full Report Description At: https://www.imarcgroup.com/united-states-plastic-caps-closure-market

Note: The IMARC Group provides extensive analysis of the United States plastic caps and closure industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

Key Market Segmentation:

The report has segmented the united states plastic caps and closure market on the basis of product type, raw material, container type, technology, end use and region.

Breakup by Product Type:

• Screw-On Caps
• Dispensing Caps
• Others

Breakup by Raw Material:

• PET
• PP
• HDPE
• LDPE
• Others

Breakup by Container Type:

• Plastic
• Glass
• Others

Breakup by Technology:

• Injection Molding
• Compression Molding
• Post-Mold Tamper-Evident Band

Breakup by End Use:

• Beverages
• Industrial Chemicals
• Food
• Cosmetics
• Household Chemicals
• Pharmaceuticals
• Others

Breakup by Region:

• Northeast
• Midwest
• South
• West

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Key Highlights of the Report:               

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Industry Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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