Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
Related Topics
Silicon Metal Market Size Iron Oxide Pigments Market Size Flexible Foam Market Size Anti-Fingerprint Coating Market SizeGlobal Caps and Closures Market Size to worth USD 123.94 Billion by 2033:
According to a research report published by Spherical Insights & Consulting, The Global Caps and Closures Market Size is Expected to Grow from USD 75.09 Billion in 2023 to USD 123.94 Billion by 2033, at a CAGR of 5.14% during the forecast period 2023-2033.
Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Caps and Closures Market Size, Share, and COVID-19 Impact Analysis, By Material (Plastic and Metal), By Products (Dispensing Caps, Screw Closures, Crown Closures, and Aerosol Closures), By Applications (Food, Beverages, Healthcare, Cosmetics & Toiletries, Automotive, and Pharmaceutical), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
Caps & closures are essential packaging components used to seal and secure containers like bottles, jars, and tubes. They provide a tight seal, protecting contents from air, moisture, and contaminants. Made from various materials like plastic, metal, rubber, or cork, they are crucial for various industries like food & beverage, pharmaceutical, cosmetics, and household products. They enhance product shelf life and maintain brand quality. Caps and closures protect packaged contents from air and dust particles, facilitating easy dispensing in various industries like healthcare, personal care, home care, and automotive. Increased awareness of healthy eating benefits is expected to boost demand for dietary supplements and packaging products. The global market is driven by the demand for convenience and sustainable packaging options. The rising sustainability trend will provide lucrative opportunities for market growth. Bottled water is rapidly growing, driven by lifestyle changes and per capita consumption. Rising income levels have led to increased sales of premium bottled water. The International Bottled Water Association highlights the growing population of high-net-worth individuals as a key factor in premiumization, preferring high-priced products over normal ones. This enthusiasm for healthy alternatives drives demand for caps & closures. However, the caps & closures market faces threats from pouches and blister packages, offering cost reduction, sustainability, and convenience, while also introducing new design possibilities.
The plastic segment is predicted to hold the highest market share through the forecast period.
Based on the material, the caps and closures market is classified into plastic and metal. Among these, the plastic segment is predicted to hold the highest market share through the forecast period. Plastic is the most common packaging material used in various industries due to its lightweight nature. Petrochemicals, such as styrene, ethylene, and propylene, are used to create raw materials like polyethylene, polypropylene, and polystyrene. Plastic closures and caps provide moisture and gas barriers, ensuring safe container sealing.
The dispensing caps segment is anticipated to hold the highest market share during the projected timeframe.
Based on the products, the caps and closures market is divided into dispensing caps, screw closures, crown closures, and aerosol closures. Among these, the dispensing caps segment is anticipated to hold the highest market share during the projected timeframe. Plastic dispensing caps simplify dispensing and regulate product leakage. Qorpak offers dropper assemblies with glass or plastic tubes, polypropylene closures, and rubber bulbs. These caps are used for precise liquid distribution in products like essential oils, ink bottles, and eye care. Yorker-style caps feature a cone-shaped spout for controlled delivery.
The food segment is anticipated to hold the highest market share during the projected timeframe.
Based on the applications, the caps and closures market is divided into food, beverages, healthcare, cosmetics & toiletries, automotive, and pharmaceutical. Among these, the food segment is anticipated to hold the highest market share during the projected timeframe. Food products are packaged in glass, metal, and plastic containers due to increasing popularity of ready-to-cook and ready-to-eat foods. Packaging components include flexible pouches, plastic tubes, and jam tubes. Pickles, salsa sauce, jellies, and jams are packaged in glass bottles with metal closures to extend shelf life.
Asia Pacific is estimated to hold the largest share of the caps and closures market over the forecast period.
Asia Pacific is estimated to hold the largest share of the caps and closures market over the forecast period. The Asia-Pacific region is expected to be the largest market for caps and closures due to high market penetration of ready-to-drink beverages and rising disposable incomes, prompting beverage producers to explore new packaging options like sipper bottles and ready-to-drink packaged coffee.
North America is predicted to have the fastest CAGR growth in the caps and closures market over the forecast period. The healthcare and processed food industries, major manufacturers, and growing innovations are responsible for the domination. With the biggest global market share for caps and closures, the United States is the dominant nation in the region. The growing consumption of alcoholic and non-alcoholic beverages in North America, particularly in the U.S. and Canada, is causing a surge in demand for caps and closures in the beverage industry, with new beverage types expected to further boost demand.
Company Profiling
Major key players in the caps and closures market include AptarGroup Incorporated, RPC Group PLC, Amcor Limited Plc, Rexam PLC, Crown Holdings Incorporation, Berry Plastics Corporation, Silgan Holdings Inc., and Guala Closures Group, and Others.
Recent Development
Key Target Audience
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the caps and closures market based on the below-mentioned segments:
Global Caps and Closures Market, By Material
Global Caps and Closures Market, By Products
Global Caps and Closures Market, By Applications
Global Caps and Closures Market, By Regional Analysis
Mar 2025 - The Global Financial Calculators Market Size is Expected to Grow from USD 1.91 Billion in 2023 to USD 3.31 Billion by 2033, at a CAGR 5.65% during the forecast period 2023-2033.
Mar 2025 - The Global Solvent Market Size Expected to Grow from USD 33.49 Billion in 2023 to USD 59.12 Billion by 2033, at a CAGR of 5.8% during the forecast period 2023-2033.
Mar 2025 - The Global Semiconductor Yield Analytics Tools Market Size is Expected to Grow from USD 901.5 Million in 2023 to USD 2150.5 Million by 2033, at a CAGR of 9.08% during the forecast period 2023-2033.
We have received your message and would like to thank you for writing to us. If your inquiry is urgent, please use the telephone number listed below to talk to one of our staff members. Otherwise, we will reply by email as soon as possible.
+1 303 800 4326 +91 9561448932 emailsales@sphericalinsights.com
