Press release
Caps & Closures Market Opportunities, Size, Share, Future Scope, Revenue and Forecast 2030
Caps & Closures Market
The global caps and closures market is on track to experience substantial growth in the coming years. Valued at approximately USD 73.89 billion in 2023, it is projected to reach USD 107.33 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 5.47% during the forecast period from 2024 to 2030.
๐๐๐ฉ๐ฌ & ๐๐ฅ๐จ๐ฌ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Caps and closures play a crucial role in packaging, ensuring product integrity, extending shelf life, and providing convenience to consumers. The increasing demand in the food and beverage sector, coupled with heightened awareness of food safety, is driving innovation in cap and closure solutions. Additionally, the pharmaceutical industry's adherence to stringent regulatory requirements propels the adoption of secure and tamper-proof closures for medical products.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/87296/
๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ฉ๐ฌ & ๐๐ฅ๐จ๐ฌ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
๐๐ง๐ ๐๐ฆ๐๐ซ๐ ๐ข๐ง๐ ๐ฉ๐๐ญ๐ญ๐๐ซ๐ง ๐จ๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฎ๐ฌ๐ ๐จ๐ ๐ซ๐๐๐ฒ๐๐ฅ๐๐๐ฅ๐ ๐๐ง๐ ๐๐ข๐จ๐๐๐ ๐ซ๐๐๐๐๐ฅ๐ ๐ฉ๐ฅ๐๐ฌ๐ญ๐ข๐๐ฌ.
The industry is benefiting from the growing emphasis on sustainability as producers consider eco-friendly products and strategies that suit consumer tastes. For instance, biodegradable caps and closures are made of materials that break down naturally in the environment, including biodegradable polymers or synthetic plastics derived from plants. To lessen their natural influence, they can be recycled after use or treated in the soil. However, caps and closures are composed of recyclable materials like PET polymers or aluminum, which may be recycled with other homes and contemporary waste.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐
The Asia-Pacific region leads the global market, accounting for a significant revenue share. In 2024, the market size was evaluated at USD 36.41 billion and is predicted to reach around USD 61.04 billion by 2034, rising at a CAGR of 5.30% from 2025 to 2034. This growth is attributed to the presence of highly populous nations like India and China, as well as the rising food and beverage industry.
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐
North America held the second-largest revenue share in 2023 and is expected to continue to grow at a fast CAGR over the forecast period. Major cap and closure manufacturers, such as Silgan Holdings Inc. and Amcor PLC, account for a significant portion of this region's market share.
๐๐ข๐ฏ๐ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐จ๐ฎ๐ซ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/request-sample/87296/
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐ฌ & ๐๐ฅ๐จ๐ฌ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
Vietnam's burgeoning food and beverage industry presents significant opportunities for the caps and closures market. The increasing consumption of packaged foods and beverages is driving demand for innovative and convenient packaging solutions.
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐๐ฉ๐ฌ & ๐๐ฅ๐จ๐ฌ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
Thailand is experiencing growth in the caps and closures market, driven by the expanding pharmaceutical and personal care sectors. The need for secure and tamper-evident packaging in these industries is propelling market expansion.
๐๐๐ฉ๐๐ง: ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐ฌ & ๐๐ฅ๐จ๐ฌ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
Japan is witnessing a shift towards eco-friendly and sustainable packaging solutions. Consumers' increasing environmental consciousness is influencing manufacturers to adopt recyclable materials and innovative designs in caps and closures.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐ฌ & ๐๐ฅ๐จ๐ฌ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
South Korea's advanced cosmetic industry offers opportunities for specialized caps and closures. The demand for unique and aesthetically pleasing packaging is driving innovation in this sector.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐ฌ & ๐๐ฅ๐จ๐ฌ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
Singapore's status as a regional hub for pharmaceuticals and biotechnology is influencing trends in the caps and closures market. The emphasis on quality and compliance with international standards is shaping the demand for high-performance closures.
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐๐ฉ๐ฌ & ๐๐ฅ๐จ๐ฌ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
The United States experiences significant growth, projected at a CAGR of 3.3% by 2034. The increasing demand for bottled water and beverages is expected to drive the market growth.
๐ ๐จ๐ซ ๐ ๐ช๐ฎ๐ข๐๐ค ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฉ๐ฅ๐๐๐ฌ๐ ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐: https://www.maximizemarketresearch.com/request-sample/87296/
๐๐๐ฉ๐ฌ & ๐๐ฅ๐จ๐ฌ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐๐ฐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ
Plastic
Metals
Others
The market for caps and closures is divided into three segments based on the kind of raw material: Plastic, Metals, and Others (glass, wood, rubber, elastomers, and paperboard). The market is anticipated to remain dominated by the plastic segment, which had the biggest revenue share in 2023. Because plastic is less biodegradable and produces CO2 emissions during production, it presents environmental risks. As a result, recycling is becoming more popular in the production of caps and closures, with many businesses using recycled materials as a raw material to reduce their reliance on virgin plastic. Metal has become more popular in the market since it is more sustainable and long-lasting than plastic.
๐๐ฒ ๐๐ฒ๐ฉ๐
Plastic Caps & Closures
Metal Caps & Closures
Other Caps & Closures
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
Easy-Open Can End
Metal Lug Closures
Peel-Off Foils
Screw Closures
Metal Crowns
Corks
Others
๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
Beverage Industry
Food Industry
Healthcare Industry
Cosmetics & Toiletries
Others
The market is further divided into beverage, food, healthcare, cosmetics & toiletries, and other categories based on the application. One major end-use market for caps and closures is beverage packaging. Drink packaging serves as a means of extending the drinks' usable life while maintaining their flavor and appearance. In the beverage industry, pockets and containers are becoming more and more well-known packaging options. The market for premium caps in the beverage industry is being driven by the need for large beverage businesses worldwide to concentrate on segregated closures.
๐๐จ ๐๐๐๐ซ๐ง ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ข๐ฌ ๐๐ญ๐ฎ๐๐ฒ, ๐๐ฅ๐๐๐ฌ๐ ๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐: https://www.maximizemarketresearch.com/market-report/global-caps-closures-market/87296/
๐๐๐ฉ๐ฌ & ๐๐ฅ๐จ๐ฌ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Silgan Holdings Inc. (US)
2. Plastics Corporation,
3. Crown Holdings Incorporation (US)
4. Reynolds Group Holdings, (US)
5. Aptar Group Incorporated (US)
6. Pact Group Holdings.
7. Alpha packaging
8. Berry Global Inc. (US)
9. Amcor Limited Plc (Australia)
10. BERICARP Holding GmbH (Germany)
11. Guala Closures S.P.A (Italy)
12. RPC Group PLC (UK)
13. Rexam PLC (UK)
14. United Caps (Luxembourg)
15. Nippon Closures Co. Ltd. (Japan)
16. Mold-Rite Plastics LLC (US)
17. O.Berk Company, LLC (US)
18. Pelliconi & C. Spa. (Italy)
19. Weener Plastics (Netherlands)
20. Blackhawk Molding Co. Inc. (US)
21. C.L. Smith Company (US)
22. Elmoris, Jsc (US)
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
Silgan Holdings Inc. reported net sales of $2.2 billion in 2023 for its specialty closures business, accounting for approximately 37.1% of their consolidated net sales.
Amcor PLC reported net sales of USD 14,694 million in 2023, in line with the prior year, with a focus on expanding their caps and closures segment.
Guala Closures Group sold around 3.6 billion closures across its product lines in the first quarter of 2024, reinforcing its position as a global leader in the industry.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
Dendrometer Market https://www.maximizemarketresearch.com/market-report/dendrometer-market/187526/
Protein Crystallization Market https://www.maximizemarketresearch.com/market-report/protein-crystallization-market/188865/
Service Analytics Market https://www.maximizemarketresearch.com/market-report/service-analytics-market/188072/
Wax Melts Market https://www.maximizemarketresearch.com/market-report/wax-melts-market/195630/
Asia Pacific Military Land Vehicle Market https://www.maximizemarketresearch.com/market-report/asia-pacific-military-land-vehicle-market/195316/
Hand Crank Power Generator Market https://www.maximizemarketresearch.com/market-report/hand-crank-power-generator-market/196253/
Data Extraction Market https://www.maximizemarketresearch.com/market-report/data-extraction-market/198319/
Artificial Intelligence Market https://www.maximizemarketresearch.com/market-report/artificial-intelligence-ai-market/11207/
Fire Sprinkler Market https://www.maximizemarketresearch.com/market-report/global-fire-sprinkler-market/30052/
Text Analytics Market https://www.maximizemarketresearch.com/market-report/global-text-analytics-market/16089/
๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐. ๐๐๐.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โ +91 9607365656
๐ sales@maximizemarketresearch.com
๐ www.maximizemarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Caps & Closures Market Opportunities, Size, Share, Future Scope, Revenue and Forecast 2030 here
News-ID: 3815924 • Views: โฆ
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Europe 900 Series Cooking Equipment Market to Reach USD 60.15 Million by 2027
Europe 900 Series Cooking Equipment Market was valued at US$ 51.74 Mn in 2020 and is expected to reach US$ 60.15 Mn by 2027, at a CAGR of 1.9% during the forecast period.
Europe 900 Series Cooking Equipment Market Overview:
The Europe 900 Series Cooking Equipment Market is experiencing steady growth due to rising demand for high-capacity and modular kitchen appliances across the commercial food service sector. These equipment lines are particularlyโฆ
Scandinavia Frozen Food Market to Hit USD 348.72 Billion by 2029, Driven by Heal โฆ
Scandinavia Frozen Food Market size was valued at USD 252 Billion in 2022 and is expected to grow at a CAGR of 4.75% from 2023 to 2029, reaching nearly USD 348.72 Billion.
Scandinavia Frozen Food Market Overview:
The Scandinavia Frozen Food Market is witnessing significant traction, driven by changing consumer lifestyles and a growing preference for convenient, ready-to-cook meals. As urbanization increases across countries like Sweden, Norway, and Denmark, consumers are leaningโฆ
Food Waste Management Market Growth Driven by Circular Economy and Eco-Friendly โฆ
Food Waste Management Market size was valued at USD 47.73 Billion in 2024 and the total Food Waste Management revenue is expected to grow at a CAGR of 5.8% from 2025 to 2032, reaching nearly USD 74.94 Billion.
Food Waste Management Market Overview:
The Food Waste Management Market is witnessing significant growth, driven by rising global awareness of sustainability and environmental conservation. Increasing volumes of food waste generated by households, restaurants, foodโฆ
Corn Flakes Market to Reach USD 4.70 Billion by 2032, Driven by Rising Health-Co โฆ
Corn Flakes Market size was valued at USD 1.78 Billion in 2024 and the total Corn Flakes revenue is expected to grow at a CAGR of 12.9% from 2025 to 2032, reaching nearly USD 4.70 Billion.
Corn Flakes Market Overview:
The Corn Flakes Market has established itself as a staple in the global breakfast cereal industry, driven by increasing consumer demand for ready-to-eat and healthy food options. Corn flakes, derived from milledโฆ
More Releases for Closures
Prominent Caps And Closures Market Trend for 2025: Innovative Sustainable Closur โฆ
What Are the Projected Growth and Market Size Trends for the Caps And Closures Market?
The caps and closures market has experienced robust growth in recent years. It is expected to expand from $77.46 billion in 2024 to $81.93 billion in 2025, at a CAGR of 5.8%. The historical growth drivers include evolving consumer packaging trends, expansion of the food and beverage industry, growing pharmaceutical packaging needs, and increasing environmental concerns.
Theโฆ
Global Metal Caps and Closures Market 2020 Future Trends - Closure Systems Inter โฆ
The โMetal Caps and Closures Market by Type (Crown, Can-Ends, Screw Caps, and Others), by Material Type (Aluminum, Tin Plate, and Steel), and by End-User (Food & Beverage, Pharmaceutical, Cosmetics & Personal Care, and Others): Global Industry Perspective, Comโ A fundamental outline of the Metal Caps and Closures niche is presented by the Metal Caps and Closures report that entails definitions, classifications, applications together with industry chain framework. The Metalโฆ
Global Child Resistant Closures Market 2017 - 2025 : Closures Systems Internatio โฆ
Researchmoz added Most up-to-date research on "Child Resistant Closures Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" to its huge collection of research reports. An insight on the important factors and trends influencing the market.
Global Child Resistant Closures Market: Overview
This Transparency Market Research report examines the global child resistant closures market for the forecast period 2017โ2025. The primary objective of the report is toโฆ
Aluminum Caps & Closures Market Top Key Players: Amcor, Closure Systems Internat โฆ
Zion Market Research has published a new report titled โAluminum Caps & Closures Market By Type (Roll-On Pilfer-Proof Caps, Easy-Open Can Ends, and Non-Refillable Closures) and By Application (Beverages, Food, Home & Personal Care, and Pharmaceutical): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017โ2024โ. According to the report, the global aluminum caps & closures market was valued at USD 5.24 billion in 2017 and is expected to reach USD 7.42โฆ
Pharmaceutical Caps and Closures Market 2019: Top Key Players are Amcor, Caps & โฆ
Pharmaceutical Caps and Closures Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry.
Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13723248
Scope of the Report:
This report focuses on the Pharmaceutical Caps and Closures in globalโฆ
Plastic Caps and Closures Market 2018-2023 | Worldwide Overview By Amcor, Silgan โฆ
Global Plastic Caps and Closures Market, By Type (Screw Caps, Dispensing Caps, and Closures), By Material (Polypropylene, Polyethylene and Polystyrene), By End-User (Food & beverages, Pharmaceutical and Personal Care), By Region โ Forecast to 2023
Plastic Caps and Closures Market โ Summary
The global market for plastic caps and closures is mushrooming in size owing to a considerable demand purveyed by the food and beverage industry during the forecast period (2018-2023), assertsโฆ
